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.
In 2019, the market size of Drive Shaft is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of 5.9% 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 Drive Shaft.
This report studies the global market size of 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 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:
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.
Market Segment by Product Type
Hollow
Rigid
Market Segment by Application
Passenger Cars
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 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 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 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 Drive Shaft. Industry analysis & Market Report on Drive Shaft is a syndicated market report, published as Global (United States, European Union and China) Drive Shaft Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Drive Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.