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 Drive Shaft market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of 5.9% 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 Drive Shaft.
This report presents the worldwide Drive Shaft 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 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.
Drive Shaft Breakdown Data by Type
Hollow
Rigid
Drive Shaft Breakdown Data by Application
Passenger Cars
Commercial Vehicles
Drive Shaft Production by Region
United States
Europe
China
Japan
Other Regions
Drive Shaft 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 Drive Shaft status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Drive Shaft 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 Drive Shaft :
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 Drive Shaft 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 Drive Shaft . Industry analysis & Market Report on Drive Shaft is a syndicated market report, published as Global Drive Shaft Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Drive Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.