The report offers detailed coverage of Drive Shaft industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Drive Shaft by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The favorable macro factors, such as economical labor, government support for the manufacturing industry, and a large local market have boosted the market for automotive drive shafts in this region. Asia-Oceania, the largest vehicle producer, is also estimated to be the largest sideshaft market in terms of market value. It comprises countries, such as China, India, Japan, and South Korea, where majority of the production is concentrated. OEMs have established their production bases in China, given the attractiveness of the domestic market and the low cost of production. Increasing demand for comfort and stringent fuel efficiency norms are also expected to drive the market for automotive drive shafts.
Key factors responsible for growth in the automotive drive shaft market include demand for low carbon footprint, enhanced driving experience, and fuel-efficient vehicles.
The global Drive Shaft market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2025, growing at a CAGR of 5.9% between 2020 and 2025.
The report forecast global Drive Shaft market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2020-2025.
First, this report covers the present status and the future prospects of the global Drive Shaft market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
GKN PLC
Nexteer Automotive Group Limited
NTN Corporation
American Axle & Manufacturing Holdings, Inc.
Hyundai Wia Corporation
Neapco Holdings LLC
Ifa Rotorion - Holding GmbH
Trelleborg AB
NKN, Ltd.
Yamada Manufacturing Co., Ltd.
By the product type, the market is primarily split into
Hollow
Rigid
By the end users/application, this report covers the following segments
Passenger Cars
Commercial Vehicles
At the same time, we classify Drive Shaft according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Drive Shaft market for the forecast period 2020 - 2025?
• What are the driving forces in the Drive Shaft market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Drive Shaft industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?