Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Overview
As per MRFR analysis, the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Size was estimated at 3.07 (USD Billion) in 2022.The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Industry is expected to grow from 3.17(USD Billion) in 2023 to 4.2 (USD Billion) by 2032. The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market CAGR (growth rate) is expected to be around 3.17% during the forecast period (2024 - 2032).
Key Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Trends Highlighted
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is primarily driven by rising demand for efficient power transmission systems, increased adoption of hybrid and electric vehicles, and growing awareness of noise and vibration reduction in industrial machinery. The market is expected to witness significant growth in the coming years due to the increasing demand for automotive applications, particularly in electric and hybrid vehicles. Additionally, advancements in materials and manufacturing techniques are creating new opportunities for product innovation and cost reduction. Key trends include miniaturization of Visco dampers, integration with other vibration control devices, and the development of customized solutions for specific applications. The market is also witnessing the emergence of new players, mainly from the Asia-Pacific region, leading to increased competition and innovation.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Drivers
Increasing Demand for Visco Dampers in Automotive and Industrial Applications
Visco dampers play a crucial role in reducing torsional vibrations in various automotive and industrial applications. The growing demand for vehicles with improved ride quality and reduced noise levels is driving the adoption of visco dampers in the automotive sector. These dampers effectively mitigate vibrations caused by engine operation, transmission, and driveline components, resulting in a smoother and more comfortable driving experience.In the industrial sector, visco dampers are increasingly used in machinery and equipment to minimize noise and vibration, which can lead to improved operational efficiency, reduced maintenance costs, and enhanced safety. The versatility and effectiveness of visco dampers in addressing torsional vibrations across diverse applications are propelling the market growth.
Expansion of Renewable Energy Sector and its Impact on Visco Damper Demand
The Global Viscous Torsional Vibration Dampers Market Industry is poised to benefit from a wide array of opportunities in line with the burgeoning renewable energy sector. In light of the increasing prevalence of wind and solar energy systems, the demand for reliable and efficient vibration-damping solutions is bound to keep on the rise. By relying on visco dampers to control the vibrations produced by the rotating parts of wind turbines and solar trackers, manufacturers and operators can capitalize on the advantages of the products in question.The same factor is anticipated to act as a major driver of the continued growth in demand for visco dampers in the coming years.
Technological Advancements and Innovation in Visco Damper Designs
The advancement of technology and innovation across industries are continuously shaping the Global Viscous Torsional Vibration Dampers Market Industry. As such, manufacturers are sourcing new materials and developing new visco damper designs that offer highly efficient performances and durability. Besides, the market is experiencing the development of lightweight and compact visco dampers as well as those with improved damping characteristics to suit the broad and dynamic requirements of different users.The developed visco dampers effectively fit in the limited and small spaces across the industries. Therefore, the high focus on the research and the development associated with applications for vibration control systems are expected to significantly fuel the growth of the market.
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Segment Insights:
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Product Type Insights
The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is segmented based on Product Type into Rotary Visco Dampers and Linear Visco Dampers. The Rotary Visco Dampers segment is estimated to hold a larger share of the market in 2023 and is projected to continue its dominance throughout the forecast period. This is attributed to the increasing demand for rotary visco dampers in various industries, including automotive, aerospace, and industrial machinery. The market growth is driven by the increasing demand for vibration-damping solutions in various industries, including automotive, aerospace, and industrial machinery.The growing awareness of the benefits of vibration damping, such as improved ride comfort, reduced noise levels, and increased equipment lifespan, is also contributing to the market growth. Rotary visco dampers are used to control torsional vibrations in rotating shafts, which can cause noise, vibration, and premature wear of components. Linear visco dampers are used to control linear vibrations, which can cause noise, vibration, and damage to sensitive equipment. Both rotary and linear visco dampers are used in a wide range of applications, including automotive, aerospace, industrial machinery, and medical devices.The key players in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market include Trelleborg AB, Lord Corporation, Freudenberg Group, and Mitsubishi Electric Corporation. These companies offer a wide range of visco dampers, including rotary visco dampers, linear visco dampers, and custom-engineered solutions. The market is highly competitive, and the key players are continuously investing in research and development to improve the performance and efficiency of their products.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Application Insights
The application segment of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market holds significant importance, influencing market growth and industry dynamics. Among the various applications, the automotive sector is expected to dominate the market, accounting for a substantial share of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market revenue. The increasing production and sales of vehicles, particularly in emerging economies, drive demand for visco dampers in automotive applications. Industrial machinery is another key application segment, where visco dampers play a vital role in reducing vibrations and noise generated by heavy machinery.The growing adoption of automation and the expansion of manufacturing industries contribute to the growth of this segment. Aerospace applications also present a promising market for visco dampers, as they are crucial for mitigating vibrations in aircraft engines and other critical components. The increasing demand for air travel and the development of new aircraft models fuel the growth of this segment. Medical applications are gaining traction, with visco dampers finding use in medical devices such as MRI machines and surgical equipment. The need for precision and vibration control in medical settings drives the adoption of visco dampers in this segment.Other applications, such as marine, power generation, and construction, collectively contribute to the overall market growth. The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market segmentation provides valuable insights into the diverse applications and industry trends, shaping the market landscape and offering opportunities for market participants.
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Output Torque Capacity Insights
The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is segmented by Output Torque Capacity into Low Torque Capacity (up to 50 Nm), Medium Torque Capacity (50 Nm - 200 Nm), and High Torque Capacity (200 Nm and above). The low Torque Capacity segment is expected to account for a significant share of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market revenue in 2023. This is due to the increasing demand for dampers in automotive applications, where they are used to reduce vibrations and noise. The Medium Torque Capacity segment is also expected to witness significant growth, driven by the growing demand for dampers in industrial applications, such as pumps and compressors.The High Torque Capacity segment is expected to grow at a steady pace, as it is used in heavy-duty applications, such as wind turbines and generators.
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Material Insights
The Material segment of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is expected to witness significant growth in the coming years. The market is segmented into Silicone Oil, Fluorinated Oil, and Others. Silicone Oil is the most widely used material in visco dampers due to its excellent damping properties and high-temperature resistance. The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market for Silicone Oil is expected to reach USD 1.85 billion by 2023, growing at a CAGR of 3.8%. Fluorinated Oil is another important material used in visco dampers.It offers superior performance in extreme temperature conditions and is often used in aerospace and defense applications. The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market for Fluorinated Oil is projected to grow at a CAGR of 4.2% to reach USD 0.72 billion by 2023. Other materials used in visco dampers include synthetic oils, greases, and polymers. These materials offer a range of properties, such as low cost, good damping performance, and resistance to wear and tear. The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market for Other materials is expected to register a CAGR of 3.5% during the forecast period.The choice of material for visco dampers depends on the specific application requirements. Factors such as temperature range, damping performance, and cost need to be considered when selecting the appropriate material.
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Regional Insight
The regional segmentation of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market offers insights into the performance of the market across different geographic regions. North America is expected to dominate the market in 2023, with a revenue of 1.2 billion USD. Europe is projected to follow, with a revenue of 890 million USD. The APAC region is anticipated to witness significant growth over the forecast period, reaching a revenue of 1.1 billion USD by 2032. South America and MEA are also expected to contribute to the overall market growth, with revenues of 240 million USD and 370 million USD, respectively, by 2032.These regional insights provide valuable information for businesses looking to expand their presence or target specific markets in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Key Players And Competitive Insights:
Major players in Global Viscous Torsional Vibration Dampers (Visco Dampers) Market industry realize that collaborating with Global Viscous Torsional Vibration Dampers (Visco Dampers) Market research firms can provide them with a competitive advantage through access to more accurate and timely market information. Leading Global Viscous Torsional Vibration Dampers (Visco Dampers) Market players are increasingly seeking partnerships with Global Viscous Torsional Vibration Dampers (Visco Dampers) Market research firms to gain insights into market trends, consumer behavior, and competitive dynamics. This collaboration enables them to make informed decisions, develop effective strategies, and stay ahead of the competition in the dynamic Global Viscous Torsional Vibration Dampers (Visco Dampers) Market landscape.A leading player in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is Trelleborg. The company offers a wide range of Viscous Torsional Vibration Dampers (Visco Dampers) for various applications, including automotive, industrial, and aerospace. Trelleborg's Viscous Torsional Vibration Dampers (Visco Dampers) are known for their high performance, reliability, and durability. The company has a strong global presence and a wide distribution network, which allows it to reach customers in different regions. Trelleborg is committed to innovation and continuously invests in research and development to improve its products and services.Another key player in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is Hutchinson. The company offers a comprehensive range of viscoelastic dampers, including Viscous Torsional Vibration Dampers (Visco Dampers), for various industries. Hutchinson's Viscous Torsional Vibration Dampers (Visco Dampers) are designed to meet the specific needs of its customers and are known for their effectiveness in reducing vibration and noise. The company has a strong focus on customer satisfaction and provides excellent technical support to its customers. Hutchinson is well-positioned to continue growing its market share in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market.
Key Companies in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Include:
- CONTItech
- SKF
- Gates Corporation
- Parker Hannifin Corporation
- Zhejiang Hangzhou NAKE Power Transmission Co. Ltd
- Tsubaki Corporation
- Inertia Dynamics, Inc.
- Eaton Corporation
- Dana Limited
- Autoliv, Inc.
- LORD Corporation
- Castrol
- Koyo Seiko
- Guizhou Guangan Automotive Components Co., Ltd.
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Industry Developments
The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is expected to reach a value of USD 4.2 billion by 2032, exhibiting a CAGR of 3.17% during the forecast period (2024-2032). The market is driven by the increasing demand for visco dampers in automotive applications, particularly in electric and hybrid vehicles. Visco dampers play a crucial role in reducing torsional vibrations in powertrains, leading to improved vehicle performance, reduced noise, and enhanced durability. The growing trend towards electrification in the automotive industry is expected to drive demand for visco dampers in the coming years.
Key industry participants are focusing on developing advanced visco damper technologies to meet the evolving needs of the automotive sector.
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Segmentation Insights
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Product Type Outlook
- Rotary Visco Dampers
- Linear Visco Dampers
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Application Outlook
- Automotive
- Industrial Machinery
- Aerospace
- Medical
- Other
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Output Torque Capacity Outlook
- Low Torque Capacity (up to 50 Nm)
- Medium Torque Capacity (50 Nm - 200 Nm)
- High Torque Capacity (200 Nm and above)
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Material Outlook
- Silicone Oil
- Fluorinated Oil
- Other
Global Viscous Torsional Vibration Dampers (Visco Dampers) Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
3.07(USD Billion) |
Market Size 2023 |
3.17(USD Billion) |
Market Size 2032 |
4.2(USD Billion) |
Compound Annual Growth Rate (CAGR) |
3.17% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2023 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
CONTItech, SKF, Gates Corporation, Parker Hannifin Corporation, Zhejiang Hangzhou NAKE Power Transmission Co. Ltd, Tsubaki Corporation, Inertia Dynamics, Inc., Eaton Corporation, Dana Limited, Autoliv, Inc., LORD Corporation, Castrol, Koyo Seiko, Guizhou Guangan Automotive Components Co., Ltd. |
Segments Covered |
Product Type, Application, Output Torque Capacity, Material, Regional |
Key Market Opportunities |
1.      Increasing demand for torque dampers in automotive 2.       expanding renewable energy sector 3.      rising need for visco dampers in industrial machinery 4.      growing popularity of electric vehicles surge in demand for heavy machinery |
Key Market Dynamics |
1.      Rising vehicle production stringent emission regulations 2.      growing adoption of electric vehicles 3.      technological advancements 4.      expanding automotive aftermarket |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The CAGR of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market from 2024 to 2032 is expected to be 3.17%.
The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market is expected to reach a valuation of USD 4.2 billion by 2032.
The Asia Pacific region is expected to hold the largest market share in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market.
Key applications of Viscous Torsional Vibration Dampers include reducing vibrations in engines, transmissions, and other rotating machinery.
Key competitors in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market include Freudenberg, Trelleborg, and Lord Corporation.
The Global Viscous Torsional Vibration Dampers (Visco Dampers) Market in the automotive sector is expected to grow at a CAGR of 3.5% from 2024 to 2032.
Key factors driving the growth of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market include increasing demand for vibration control in automotive and industrial applications
Challenges faced by the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market include the development of alternative vibration control technologies.
Government regulations on noise and vibration control are expected to drive the growth of the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market.
Emerging trends in the Global Viscous Torsional Vibration Dampers (Visco Dampers) Market include the development of smart dampers and the use of advanced materials.