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About Automotive Constant Velocity Joint
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Constant velocity (CV) pint is a mechanical power transmission component that provides rotational motion without any friction in an axle. It provides the same output velocity in relation to the input velocity, independent of the angle it is operated at. It is mainly used in front-wheel drive vehicles and many modern rear-wheel drive cars with independent rear suspension.
The analysts forecast the global automotive constant velocity joint market to grow to more than 518 million units by 2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive constant velocity joint market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
The report, Global Automotive Constant Velocity Joint Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- American Axle & Manufacturing
- Dana
- GKN
- Meritor
- NTN
Market drivers
- Increase in passenger vehicle sales globally
- For a full, detailed list, view the full report
Market challenges
- Growing preference for public transport to reduce greenhouse gas emissions
- For a full, detailed list, view the full report
Market trends
- Advancements in design
- For a full, detailed list, view the full report
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
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Table of Contents
PART 01: EXECUTIVE SUMMARYPART 02: SCOPE OF THE REPORTPART 03: RESEARCH METHODOLOGYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 09: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits
Executive Summary
New Report Released: - Global Automotive Constant Velocity Joint Market 2018-2022.The author of the report recognizes the following companies as the key players in the global automotive constant velocity joint market: American Axle & Manufacturing, Dana, GKN, Meritor, and NTN.
Commenting on the report, an analyst from the research team said: “One trend in the market is advancements in design. CV joint manufacturers are introducing innovative design changes in CV joints to meet the stringent emission norms and regulations. GKN, one of the major manufacturers of CV joints, has developed VL3 series CV joints, which debuted in BMW 7 series models in 2016.”
According to the report, one driver in the market is increase in passenger vehicle sales globally. The increasing sales of passenger vehicles, such as sedans, hatchbacks, minicars, SUVs, crossovers, and vans are driving the growth of the automotive CV joint market. The sedan and hatchback segments significantly contribute to the global passenger vehicle market.
Further, the report states that one challenge in the market is growing preference for public transport to reduce greenhouse gas emissions. The demand for CV joints can be correlated with the production of new vehicles in the market. With increasing concerns about climatic changes, most developed and developing economies are taking up initiatives through summits, such as Kyoto Protocol, aimed at adopting various measures to reduce the greenhouse gases.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- American Axle & Manufacturing
- Dana
- GKN
- Meritor
- NTN
