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.
The global Drive Shaft market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of 5.9% during 2019-2025.
This report focuses on Drive Shaft volume and value at global level, regional level and company level. From a global perspective, this report represents overall Drive Shaft market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Drive Shaft in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Drive Shaft manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers 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.
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
Hollow
Rigid
Segment by Application
Passenger Cars
Commercial Vehicles
Summary:
Get latest Market Research Reports on Drive Shaft. Industry analysis & Market Report on Drive Shaft is a syndicated market report, published as Global Drive Shaft Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Drive Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.