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Automotive Drive Shaft Global Market Report 2024

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    Report

  • 200 Pages
  • January 2024
  • Region: Global
  • The Business Research Company
  • ID: 5766941
The automotive drive shaft is a critical mechanical component that facilitates the transmission of torque from the engine gearbox to the vehicle wheels, ensuring synchronized and smooth motion. This rod-like component plays a crucial role in connecting the transmission unit and engine, particularly in front and four-wheel-drive vehicles.

In the automotive drive shafts market, the primary product types are rigid side shafts and hollow side shafts. Hollow side shafts, for instance, are designed to accommodate the solid shaft of the pump in applications involving electric motors or right-angle gear drives. The automotive drive shafts cater to various vehicle types, including passenger vehicles, light commercial vehicles, and heavy commercial vehicles. Moreover, they serve different drive configurations such as front-wheel drive, rear-wheel drive, and other drive types. Materials used in manufacturing automotive drive shafts encompass aluminum, steel, and carbon fiber. These products are distributed through various sales channels, including OEM and aftermarket outlets.

The automotive drive shaft market research report is one of a series of new reports that provides automotive drive shaft market statistics, including automotive drive shaft industry global market size, regional shares, competitors with an automotive drive shaft market share, detailed automotive drive shaft market segments, market trends and opportunities, and any further data you may need to thrive in the automotive drive shaft industry. This automotive drive shaft market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The automotive drive shaft market size has grown strongly in recent years. It will grow from $17.24 billion in 2023 to $18.34 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The historical growth of the automotive drive shafts market can be attributed to several factors, including the rising demand for automobiles, adherence to government regulations and safety standards, shifts in consumer preferences and tastes, fluctuations in fuel prices, and the growing popularity of ride-sharing services.

The automotive drive shaft market size is expected to see strong growth in the next few years. It will grow to $23.47 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The forecasted growth in the automotive drive shafts market can be attributed to factors such as the ongoing trend of reducing weight in automobiles, the increased usage of drive shafts in passenger cars, the growing sales of utility vehicles, a heightened focus on sustainability and the reduction of carbon emissions, and the rise of electric and hybrid vehicles. Major trends in the forecast period include the adoption of carbon fiber drive shafts, integration of advanced sensors, development of modular and flexible designs, the electrification of drive systems, and the demand for maintenance-free and durable solutions.

The upward trend in electric vehicle sales stands as a significant driver propelling the growth of the automotive drive shaft market. Electric vehicles, powered either entirely or partially by electricity, rely on drive shafts as a critical mechanical component for transmitting torque from the engine gearbox to the vehicle's wheels, ensuring synchronized and smooth motion. For instance, The Economics Times reported approximately 6.5 million electric vehicle sales in 2021, encompassing fully electric and partially electric vehicles. This surge in electric vehicle sales is poised to significantly bolster the automotive drive shaft market, given the integral role drive shafts play in electric vehicle drivetrains.

The automotive sector's expansion is poised to drive the automotive drive shaft market forward. The automotive sector, encompassing the design, development, manufacturing, and sale of motor vehicles, relies on drive shafts as essential components within a vehicle's drivetrain, facilitating the transmission of torque from the engine to the wheels. As reported by Zippia Inc., the United States produced a substantial 9.2 million vehicles in 2021. This growth in the automotive sector is a significant contributing factor propelling the automotive drive shaft market, given the continuous demand for drive shafts in vehicle manufacturing.

A prominent trend shaping the automotive drive shaft market is the emphasis on new product innovation. Major companies operating within this sector prioritize the development of innovative solutions and products to fortify their market positions. For instance, in March 2021, Nexteer Automotive, a leading multinational company specializing in automotive drive shaft and motion control technology, introduced its new Half-shaft technologies. These advancements are designed to bolster the driveline portfolio, catering specifically to the distinctive requirements of electric vehicles within the drive shaft domain. Nexteer Automotive's Half-shaft technology addresses challenges related to noise, vibration, and harshness (NVH) performance in electric vehicles, enhancing both durability and efficiency. This innovation underscores the industry's commitment to advancing drive shaft technologies to meet the evolving demands of electric vehicle drivetrains.

Prominent companies within the market are directing their efforts towards innovative solutions, notably high-performance constant velocity (CV) driveshafts tailored for electric vehicles (EVs) and specialized vehicles. These CV driveshafts are meticulously engineered using high-strength steel, providing the requisite durability and resilience to withstand the demanding torque and speed requirements of EVs and other niche vehicles. Constant Velocity (CV) driveshafts represent a type of automotive driveshaft pivotal in enabling continuous rotational velocity at variable angles without a substantial increase in friction or play. A noteworthy instance of this innovation occurred in December 2022, as Kalyani Mobility Drivelines (KMD), a reputable US-based driveline component manufacturer, unveiled a range of high-performance CV driveshafts explicitly designed for EVs and specialized vehicles. These driveshafts exhibit versatility and can also be effectively employed in marine, motorsports, and industrial applications. Engineered to accommodate torque ranging from 7,000 Newton-meters (Nm) up to 16,000 Nm, with speeds reaching up to 8,000 rpm, these driveshafts underscore KMD's commitment to meeting the specific demands of high-performance vehicles across diverse sectors.

In December 2022, Xuchang Yuandong Drive Shaft Co Ltd, a China-based company specializing in the research, development, production, and sale of non-constant velocity transmission shafts, announced its plans for a substantial investment. The company intends to invest approximately CNY 50 million in Henan Sanjia Automotive Parts Co., Ltd., securing a 60.98% equity stake and entering capital increase agreements with the company and other stakeholders. This strategic collaboration aims to foster joint development in automotive parts, particularly focusing on universal joints and center bearings. Henan Sanjia Automotive Parts Co., Ltd, a notable China-based entity, specializes in manufacturing automotive drive shaft assemblies. This collaboration signifies Xuchang Yuandong Drive Shaft Co Ltd's strategic vision to enhance their expertise and product portfolio in automotive components, aligning with Henan Sanjia's proficiency in drive shaft assembly manufacturing.

Major companies operating in the in the automotive drive shaft market report are GKN Automotive Limited, JTEKT Corporation, American Axle & Manufacturing Inc., Dana Incorporated, Hyundai Wia Corporation, Nexteer Automotive Group Ltd., Showa Corporation, Yamada Manufacturing Co Ltd., Wanxiang Qianchao Co Ltd., NTN Corporation, IFA Rotorion Holding GmbH, Meritor Inc., ZF Friedrichshafen AG, Gestamp Automoción S. A., Neapco Holdings LLC, GSP Automotive Group, Powertrain Industries Inc., The Timken Company, Dorman Products Inc., Precision Shaft Technologies, Bailey Morris Limited, Gelenkwellenwerk Stadtilm GmbH, Walterscheid Powertrain Group, PTI Technologies Inc., RSB Group, Sona Group, Spicer India Private Limited, Talbros Engineering Limited, Visteon Corporation, Xuchang Yuandong Drive Shaft Co Ltd.

Asia-Pacific was the largest region in the automotive drive shaft market in 2023, and it is also expected to be the fastest-growing region in the automotive drive shaft market during the forecast period. The regions covered in the automotive drive shaft market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the automotive drive shaft market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Canada, Spain.

The automotive drive shaft market consists of sales of one-piece drive shaft, two-piece drive shaft and slip-in-tube drive shaft. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified)).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Automotive Drive Shaft Market Characteristics3. Automotive Drive Shaft Market Trends And Strategies
4. Automotive Drive Shaft Market - Macro Economic Scenario
4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market
5. Global Automotive Drive Shaft Market Size and Growth
5.1. Global Automotive Drive Shaft Market Drivers and Restraints
5.1.1. Drivers Of The Market
5.1.2. Restraints Of The Market
5.2. Global Automotive Drive Shaft Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Automotive Drive Shaft Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Automotive Drive Shaft Market Segmentation
6.1. Global Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Rigid Side shaft
Hollow Side shafts
6.2. Global Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
6.3. Global Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
OEM
Aftermarket
7. Automotive Drive Shaft Market Regional And Country Analysis
7.1. Global Automotive Drive Shaft Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Automotive Drive Shaft Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Automotive Drive Shaft Market
8.1. Asia-Pacific Automotive Drive Shaft Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Automotive Drive Shaft Market
9.1. China Automotive Drive Shaft Market Overview
9.2. China Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Automotive Drive Shaft Market
10.1. India Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Automotive Drive Shaft Market
11.1. Japan Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Automotive Drive Shaft Market
12.1. Australia Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Automotive Drive Shaft Market
13.1. Indonesia Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Automotive Drive Shaft Market
14.1. South Korea Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Automotive Drive Shaft Market
15.1. Western Europe Automotive Drive Shaft Market Overview
15.2. Western Europe Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Automotive Drive Shaft Market
16.1. UK Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Automotive Drive Shaft Market
17.1. Germany Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Automotive Drive Shaft Market
18.5. France Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Automotive Drive Shaft Market
19.9. Italy Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Automotive Drive Shaft Market
20.13. Spain Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Automotive Drive Shaft Market
21.1. Eastern Europe Automotive Drive Shaft Market Overview
21.2. Eastern Europe Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Automotive Drive Shaft Market
22.1. Russia Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Automotive Drive Shaft Market
23.1. North America Automotive Drive Shaft Market Overview
23.2. North America Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Automotive Drive Shaft Market
24.1. USA Automotive Drive Shaft Market Overview
24.2. USA Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Automotive Drive Shaft Market
25.1. Canada Automotive Drive Shaft Market Overview
25.2. Canada Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Automotive Drive Shaft Market
26.1. South America Automotive Drive Shaft Market Overview
26.2. South America Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Automotive Drive Shaft Market
27.1. Brazil Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Automotive Drive Shaft Market
28.1. Middle East Automotive Drive Shaft Market Overview
28.2. Middle East Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Automotive Drive Shaft Market
29.1. Africa Automotive Drive Shaft Market Overview
29.2. Africa Automotive Drive Shaft Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Automotive Drive Shaft Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Automotive Drive Shaft Market, Segmentation By Sales Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Automotive Drive Shaft Market Competitive Landscape And Company Profiles
30.1. Automotive Drive Shaft Market Competitive Landscape
30.2. Automotive Drive Shaft Market Company Profiles
30.2.1. GKN Automotive Limited
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. JTEKT Corporation
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. American Axle & Manufacturing Inc.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Dana Incorporated
30.2. 4.1. Overview
30.2. 4.2. Products and Services
30.2. 4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. Hyundai Wia Corporation
30.2. 5.1. Overview
30.2. 5.2. Products and Services
30.2. 5.3. Strategy
30.2.5.4. Financial Performance
31. Global Automotive Drive Shaft Market Competitive Benchmarking32. Global Automotive Drive Shaft Market Competitive Dashboard33. Key Mergers And Acquisitions In The Automotive Drive Shaft Market
34. Automotive Drive Shaft Market Future Outlook and Potential Analysis
34.1 Automotive Drive Shaft Market In 2028 - Countries Offering Most New Opportunities
34.2 Automotive Drive Shaft Market In 2028 - Segments Offering Most New Opportunities
34.3. Automotive Drive Shaft Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies
35. Appendix
35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer

Executive Summary

Automotive Drive Shaft Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on automotive drive shaft market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • All data from the report will also be delivered in an excel dashboard format.

Description:

Where is the largest and fastest growing market for automotive drive shaft? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.

Scope

  • Markets Covered: 1) By Product Type: Rigid Side shaft; Hollow Side shafts 2) By Vehicle Type: Passenger Vehicle; Light Commercial Vehicle; Heavy Commercial Vehicle 3) By Drive Type: Front Wheel Drive; Rear Wheel Drive; Other Drive Types 4) By Material: Aluminum; Steel; Carbon Fiber 5) By Sales Channel: OEM; Aftermarket
  • Companies Mentioned: GKN Automotive Limited; JTEKT Corporation; American Axle & Manufacturing Inc.; Dana Incorporated; Hyundai Wia Corporation
  • Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
  • Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
  • Time series: Five years historic and ten years forecast.
  • Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
  • Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
  • Delivery format: PDF, Word and Excel Data Dashboard.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • GKN Automotive Limited
  • JTEKT Corporation
  • American Axle & Manufacturing Inc.
  • Dana Incorporated
  • Hyundai Wia Corporation
  • Nexteer Automotive Group Ltd.
  • Showa Corporation
  • Yamada Manufacturing Co Ltd.
  • Wanxiang Qianchao Co Ltd.
  • NTN Corporation
  • IFA Rotorion Holding GmbH
  • Meritor Inc.
  • ZF Friedrichshafen AG
  • Gestamp Automoción S. A.
  • Neapco Holdings LLC
  • GSP Automotive Group
  • Powertrain Industries Inc.
  • The Timken Company
  • Dorman Products Inc.
  • Precision Shaft Technologies
  • Bailey Morris Limited
  • Gelenkwellenwerk Stadtilm GmbH
  • Walterscheid Powertrain Group
  • PTI Technologies Inc.
  • RSB Group
  • Sona Group
  • Spicer India Private Limited
  • Talbros Engineering Limited
  • Visteon Corporation
  • Xuchang Yuandong Drive Shaft Co Ltd.

Methodology

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