Constant-velocity joints (CV joints) allow a drive shaft to transmit power through a variable angle, at constant rotational speed, without an appreciable increase in friction or play. They are mainly used in front wheel drive vehicles, and many modern rear wheel drive cars with independent rear suspension typically use CV joints at the ends of the rear axle halfshafts and increasingly use them on the propshafts (drive shafts).
In the next years, the growth rate of automotive production may decrease in Europe and US, but the enormous automotive population will provide large market demand. In China, the growth rate of automotive production will still be higher than other regions. The situation of automotive constant velocity universal joint industry will be the same.
There is large technical gap between automotive constant velocity universal joints produced by manufacturers from China and abroad. To maintain market share, these domestic manufacturers must invest more on research and development.
In China, the distribution of automotive manufacturers is relatively concentrated, which means the downstream market is concentrated. To get rid of the limit and reduce the risk, automotive constant velocity universal joint manufacturers should seek more automotive manufacturers as cooperative partners.
The Constant Velocity Universal Joint market was valued at 7410 Million US$ in 2018 and is projected to reach 8010 Million US$ by 2025, at a CAGR of 1.0% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Constant Velocity Universal Joint.
This report presents the worldwide Constant Velocity Universal Joint market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
GKN
NTN
AAM
Meritor
Wanxiang
Dana
Nexteer
Hyundai WIA
JTEKT
IFA Rotorion
SKF
Seohan Group
Guansheng
Neapco
Feizhou Vehicle
Heri Automotive
Xiangyang Automobile Bearing
Constant Velocity Universal Joint Breakdown Data by Type
Ball Type
Fork Type
Constant Velocity Universal Joint Breakdown Data by Application
Passenger Vehicle
Commercial Vehicle
Constant Velocity Universal Joint Production by Region
United States
Europe
China
Japan
Other Regions
Constant Velocity Universal Joint Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Constant Velocity Universal Joint status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Constant Velocity Universal Joint manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers 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 Constant Velocity Universal Joint :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Constant Velocity Universal Joint market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Constant Velocity Universal Joint . Industry analysis & Market Report on Constant Velocity Universal Joint is a syndicated market report, published as Global Constant Velocity Universal Joint Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Constant Velocity Universal Joint market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.