A drive shaft is a mechanical component for transmitting torque and rotation, usually used to connect other components of a drive train that cannot be connected directly because of distance or the need to allow for relative movement between them.
Global automotive drive-shaft market is correlated to the rising sales of vehicles across the globe, since all passenger cars and commercial vehicles are equipped with drive-shafts. Major automobile manufacturers already planned to increase their production capacity of vehicles. Automotive industry is facing major challenges from government stringent laws to reduce carbon foot prints and to increase fuel efficiency of vehicles. To overcome the challenges major automotive component manufacturer are spending huge amount of capital on product innovation. Drive-shaft being the major part of drivetrain system of vehicle, automotive component suppliers introduced innovative technology such as carbon composite drive-shaft in order to improve performance and to reduce weight. The nanotechnology used in carbon fiber reduces the overall weight drivetrain system and provide increased torque by increasing shaft's longitudinal and hoop stiffness. Moreover, carbon composite drive-shaft is much more efficient than aluminum drive-shaft and is majorly used in high-end variants and supercars. The aftermarket sales of carbon composite drive-shaft have grown over the past few years, majorly driven by the performance cars enthusiasts.
In 2019, the market size of Automotive Drive-Shaft is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Automotive Drive-Shaft.
This report studies the global market size of Automotive Drive-Shaft, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Automotive Drive-Shaft production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
NTN
Dana Holding Corporation
Hyundai-Wia
Yamada Manufacturing
American Axle Manufacturing
JTEKT
Neapco
Meritor
Showa
Wanxiang
IFA Rotorion
Market Segment by Product Type
Flexible Drive-Shaft
Torque Tube Drive-Shaft
Hotchkiss Drive-Shaft
Market Segment by Application
Passenger Vehicles
Commercial Vehicles
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Automotive Drive-Shaft status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Automotive Drive-Shaft manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Automotive Drive-Shaft are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
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 (United States, European Union and China) Automotive Drive-Shaft Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Automotive Drive-Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.