Automotive drive shaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4-wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
According to our (Global Info Research) latest study, the global Automotive Drive Shaft market size was valued at USD 8182.4 million in 2022 and is forecast to a readjusted size of USD 10710 million by 2029 with a CAGR of 3.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Drive Shaft key players include SDS, Wanxiang Qianchao, NTN, Yuandong Transmission Shaft, GSP Automotive Group, etc. Global top five manufacturers hold a share about 60%. China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Half Shaft is the largest segment, with a share about 75%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
This report is a detailed and comprehensive analysis for global Automotive Drive Shaft market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automotive Drive Shaft market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Drive Shaft market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Drive Shaft market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Drive Shaft market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Drive Shaft
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Drive Shaft market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GKN, NTN, JTEKT, SDS and Dana, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Automotive Drive Shaft market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Half Shaft
Propeller Shaft
Market segment by Application
Passenger Vehicle
Commercial Vehicle
Major players covered
GKN
NTN
JTEKT
SDS
Dana
Nexteer
IFA Rotorion
AAM
Wanxiang Qianchao
Neapco
Hyundai-Wia
Yuandong Transmission Shaft
Showa
Fawer Automotive Parts
GSP Automotive Group
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Drive Shaft product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Drive Shaft, with price, sales, revenue and global market share of Automotive Drive Shaft from 2018 to 2023.
Chapter 3, the Automotive Drive Shaft competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Drive Shaft breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automotive Drive Shaft market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Drive Shaft.
Chapter 14 and 15, to describe Automotive Drive Shaft sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Automotive Drive Shaft . Industry analysis & Market Report on Automotive Drive Shaft is a syndicated market report, published as Global Automotive Drive Shaft Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Automotive Drive Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.