Global Balance Shaft Market attained a value of USD 202.88 Billion in 2025. The market is further expected to grow in the forecast period of 2026-2035 at a CAGR of 15.00%, to reach USD 820.76 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
15%
Value in USD Billion
2026-2035
*this image is indicative*
Based on engine type, the inline- 4 cylinder (L4) engine is likely to account for a significant share in the market, owing to its lightweight and compact size, which allows it to easily fit in nearly any engine bay. The vehicles with an inline-4 cylinder engine tend to have an equal power distribution, which optimises the overall performance of the vehicle. This is aiding the growth of the segment. Meanwhile, the inline-3 cylinder (L3) engine is likely to occupy a considerable share in the market over the forecast period. This can be attributed to its fuel efficiency. The inline-3 cylinder (L3) engine consumes lesser amount of fuel in running the engine.
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The growing automotive industry in emerging countries like India and China is aiding the growth of the balance shaft industry in the Asia Pacific. The growing demand for automobiles, owing to the rising disposable income and growing population, is expected to further aid the market growth in the region The leading automotive manufacturers are establishing their facilities across the emerging markets in a bid to capitalise upon the immense growth possibilities present in the region.
With the outbreak of the COVID-19 pandemic, the market growth was hampered due to a decline in sales of automobiles across the world and the closure of manufacturing facilities. However, the demand for automobiles is expected to rebound in the forecast period, which, in turn, is expected to contribute to the growth of the market.
Balance shaft refers to a component of a vehicle, which is designed in a way that it reduces the vibration produced by an engine. These are used in the piston engines in order to cancel out the unbalanced dynamic forces.
Market Breakup by Engine Type
Market Breakup by Manufacturing Process
Market Breakup by Vehicle Type
Market Breakup by Region
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The global balance shift market is driven by the thriving automotive industry. The rising demand for passenger cars and light commercial vehicles is one of the major factors propelling the market growth. Over the forecast period, the increasing demand for commercial vehicles due to the growth of sectors like e-commerce and others is likely to generate a heavy demand for fuel efficient automobiles. Furthermore, the market is anticipated to be aided by the steps taken by the governments in emerging economies to support the use of fuel-efficient vehicles and curb noise pollution. This factor is anticipated to catalyse the demand for balance shafts. However, the rising demand for electric vehicles may hamper the growth of the industry.
The report gives a detailed analysis of the following key players in the global balance shaft market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
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The market is projected to grow at a CAGR of 15.00% between 2026 and 2035.
The major drivers of the market are rising demand for light commercial vehicles and passenger cars, growing automotive industry, and rising disposable incomes.
The key trends guiding the growth of the market include the rising demand for inline-4 cylinder engines, growing population, and initiatives launched by various governments.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The significant vehicle types in the market are passenger cars, light commercial vehicles, and heavy commercial vehicles, among others.
The various engine types in the market are inline-3 cylinder (L3) engine, inline-4 cylinder (L4) engine, inline-5 cylinder engine, and V-6 engine.
The primary manufacturing processes for balance shafts are forged balance shaft and cast balance shaft.
A balance shaft is a component of a vehicle that is designed to reduce the vibrations produced by an engine.
A balance shaft is used in a piston engine in order to cancel out the unbalanced dynamic forces.
The major players in the global balance shaft market are MAT Foundry Group Ltd., SAC Engine Components Pvt. Ltd, Musashi Seimitsu Industry Co., Ltd., Ningbo Jingda Hardware Manufacture Co., Ltd, and Otics Corporation, among others.
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| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Engine Type |
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| Breakup by Manufacturing Process |
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| Breakup by Vehicle Type |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
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