According to our (Global Info Research) latest study, the global Cardan Shaft market size was valued at USD 15750 million in 2023 and is forecast to a readjusted size of USD 17990 million by 2030 with a CAGR of 1.9% during review period.
Cardan Shaft, also known as propeller shaft or drive shaft, is a mechanical component used for the transmission of torque and rotation. Cardan Shaft consists of universal joint, shaft yokes and intermediate support, etc. It acts as an intermediate between the driving and the driven shaft that are not aligned on the same axis transferring the running torque smoothly.
Global Cardan Shaft key players include GKN, Dana, IFA Group, Meritor, AAM, etc. Global top five manufacturers hold a share over 35%.
China is the largest market, with a share over 25%, followed by Europe and North America, both have a share over 45%.
In terms of product, Small Series is the largest segment, with a share over 75%. And in terms of application, the largest application is Automotive, followed by Manufacturing, Machinery and Equipment, etc.
The Global Info Research report includes an overview of the development of the Cardan Shaft industry chain, the market status of Automotive (Small Series, Medium Series), Manufacturing (Small Series, Medium Series), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Cardan Shaft.
Regionally, the report analyzes the Cardan Shaft markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Cardan Shaft market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Cardan Shaft market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Cardan Shaft industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Small Series, Medium Series).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Cardan Shaft market.
Regional Analysis: The report involves examining the Cardan Shaft market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Cardan Shaft market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Cardan Shaft:
Company Analysis: Report covers individual Cardan Shaft manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Cardan Shaft This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Manufacturing).
Technology Analysis: Report covers specific technologies relevant to Cardan Shaft. It assesses the current state, advancements, and potential future developments in Cardan Shaft areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Cardan Shaft market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Cardan Shaft market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Small Series
Medium Series
Heavy Duty Series
Market segment by Application
Automotive
Manufacturing
Machinery and Equipment
Others
Major players covered
GKN
Dana
IFA Group
Meritor
AAM
JTEKT Corporation
Xuchang Yuandong Drive Shaft
Wanxiang Qianchao
Neapco Component
Showa Corporation
GSP Automotive Group Wenzhou Co., Ltd.
Elbe Holding GmbH & Co. KG
Gewes
Taier Heavy Industry
Ameridrive (Altra Industrial Motion Corp.)
WiCHMANN GmbH
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 Cardan Shaft product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Cardan Shaft, with price, sales, revenue and global market share of Cardan Shaft from 2019 to 2024.
Chapter 3, the Cardan Shaft competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Cardan Shaft breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
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 2023.and Cardan Shaft market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Cardan Shaft.
Chapter 14 and 15, to describe Cardan Shaft sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Cardan Shaft . Industry analysis & Market Report on Cardan Shaft is a syndicated market report, published as Global Cardan Shaft Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Cardan Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.