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Machinery & Equipment Global Universal Joint Shaft Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

  • RnM4628787
    • |
  • 26 September, 2025
    • |
  • Global
    • |
  • 137 Pages
    • |
  • GIR
    • |
  • Machinery & Equipment

According to our (Global Info Research) latest study, the global Universal Joint Shaft market size was valued at US$ 9618 million in 2024 and is forecast to a readjusted size of USD 11270 million by 2031 with a CAGR of 2.4% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
A universal Joint shaft is a mechanical coupling that facilitates angular and positional flexibility, enabling the transmission of rotational power and torque between misaligned shafts. Typically employed to connect two offset shafts that must rotate synchronously, it accommodates angular deviations within a specified range. Universal joints are essential components in modern machinery and transportation systems. Their versatility and adaptability ensure efficient power transmission across a broad spectrum of applications.
The universal joint shaft market is experiencing growth, thanks to the diversification of its downstream applications, especially in the global automotive sector. Rising vehicle sales, especially in emerging markets, have driven demand. In addition, the expansion of the construction and agricultural machinery industries has further supported the market. Local government policies on advanced manufacturing, increased R&D investment, and stricter industry standards have also created a favorable environment for the industry. The use of lightweight materials such as high-strength steel, aluminum alloys, and carbon fiber, as well as technological advances such as precision manufacturing and Industry 4.0 automation, have improved product performance and efficiency. However, the market is also facing many challenges, including fierce competition from domestic and foreign manufacturers, which has forced companies to innovate while reducing costs. Fluctuations in raw material prices, especially those of high-quality metals and composite materials, affect production costs and profitability. In addition, global economic downturn risks such as trade protectionism, tariff barriers, and exchange rate fluctuations have brought uncertainty to international trade, requiring manufacturers to adopt flexible strategies to reduce risks. Overall, while the universal joint shaft market has strong growth momentum, it must deal with competitive, cost-related, and macroeconomic challenges to maintain expansion.
This report is a detailed and comprehensive analysis for global Universal Joint Shaft market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Universal Joint Shaft market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Universal Joint Shaft market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Universal Joint Shaft market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Universal Joint Shaft market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Universal Joint Shaft
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Universal Joint Shaft market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GKN, JTEKT Corporation, Dana, Meritor, IFA Group, AAM, Xuchang Yuandong Drive Shaft, Neapco Components, Wanxiang Qianchao, Showa Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Universal Joint Shaft market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Small Series
Medium Series
Heavy Duty Series
Market segment by Application
Automotive
Machinery & Equipment
Others
Major players covered
GKN
JTEKT Corporation
Dana
Meritor
IFA Group
AAM
Xuchang Yuandong Drive Shaft
Neapco Components
Wanxiang Qianchao
Showa Corporation
Elbe Group
GEWES
GSP Automotive Group Wenzhou
Regal Rexnord
WiCHMANN GmbH
Nexteer
NTN Corporation
Zhejiang ODM Transmission Technology
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Universal Joint Shaft product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Universal Joint Shaft, with price, sales quantity, revenue, and global market share of Universal Joint Shaft from 2020 to 2025.
Chapter 3, the Universal Joint Shaft competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Universal Joint Shaft breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Universal Joint Shaft market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Universal Joint Shaft.
Chapter 14 and 15, to describe Universal Joint Shaft sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Universal Joint Shaft Consumption Value by Type: 2020 Versus 2024 Versus 2031
    • 1.3.2 Small Series
    • 1.3.3 Medium Series
    • 1.3.4 Heavy Duty Series
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Universal Joint Shaft Consumption Value by Application: 2020 Versus 2024 Versus 2031
    • 1.4.2 Automotive
    • 1.4.3 Machinery & Equipment
    • 1.4.4 Others
  • 1.5 Global Universal Joint Shaft Market Size & Forecast
    • 1.5.1 Global Universal Joint Shaft Consumption Value (2020 & 2024 & 2031)
    • 1.5.2 Global Universal Joint Shaft Sales Quantity (2020-2031)
    • 1.5.3 Global Universal Joint Shaft Average Price (2020-2031)

2 Manufacturers Profiles

  • 2.1 GKN
    • 2.1.1 GKN Details
    • 2.1.2 GKN Major Business
    • 2.1.3 GKN Universal Joint Shaft Product and Services
    • 2.1.4 GKN Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.1.5 GKN Recent Developments/Updates
  • 2.2 JTEKT Corporation
    • 2.2.1 JTEKT Corporation Details
    • 2.2.2 JTEKT Corporation Major Business
    • 2.2.3 JTEKT Corporation Universal Joint Shaft Product and Services
    • 2.2.4 JTEKT Corporation Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.2.5 JTEKT Corporation Recent Developments/Updates
  • 2.3 Dana
    • 2.3.1 Dana Details
    • 2.3.2 Dana Major Business
    • 2.3.3 Dana Universal Joint Shaft Product and Services
    • 2.3.4 Dana Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.3.5 Dana Recent Developments/Updates
  • 2.4 Meritor
    • 2.4.1 Meritor Details
    • 2.4.2 Meritor Major Business
    • 2.4.3 Meritor Universal Joint Shaft Product and Services
    • 2.4.4 Meritor Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.4.5 Meritor Recent Developments/Updates
  • 2.5 IFA Group
    • 2.5.1 IFA Group Details
    • 2.5.2 IFA Group Major Business
    • 2.5.3 IFA Group Universal Joint Shaft Product and Services
    • 2.5.4 IFA Group Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.5.5 IFA Group Recent Developments/Updates
  • 2.6 AAM
    • 2.6.1 AAM Details
    • 2.6.2 AAM Major Business
    • 2.6.3 AAM Universal Joint Shaft Product and Services
    • 2.6.4 AAM Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.6.5 AAM Recent Developments/Updates
  • 2.7 Xuchang Yuandong Drive Shaft
    • 2.7.1 Xuchang Yuandong Drive Shaft Details
    • 2.7.2 Xuchang Yuandong Drive Shaft Major Business
    • 2.7.3 Xuchang Yuandong Drive Shaft Universal Joint Shaft Product and Services
    • 2.7.4 Xuchang Yuandong Drive Shaft Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.7.5 Xuchang Yuandong Drive Shaft Recent Developments/Updates
  • 2.8 Neapco Components
    • 2.8.1 Neapco Components Details
    • 2.8.2 Neapco Components Major Business
    • 2.8.3 Neapco Components Universal Joint Shaft Product and Services
    • 2.8.4 Neapco Components Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.8.5 Neapco Components Recent Developments/Updates
  • 2.9 Wanxiang Qianchao
    • 2.9.1 Wanxiang Qianchao Details
    • 2.9.2 Wanxiang Qianchao Major Business
    • 2.9.3 Wanxiang Qianchao Universal Joint Shaft Product and Services
    • 2.9.4 Wanxiang Qianchao Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.9.5 Wanxiang Qianchao Recent Developments/Updates
  • 2.10 Showa Corporation
    • 2.10.1 Showa Corporation Details
    • 2.10.2 Showa Corporation Major Business
    • 2.10.3 Showa Corporation Universal Joint Shaft Product and Services
    • 2.10.4 Showa Corporation Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.10.5 Showa Corporation Recent Developments/Updates
  • 2.11 Elbe Group
    • 2.11.1 Elbe Group Details
    • 2.11.2 Elbe Group Major Business
    • 2.11.3 Elbe Group Universal Joint Shaft Product and Services
    • 2.11.4 Elbe Group Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.11.5 Elbe Group Recent Developments/Updates
  • 2.12 GEWES
    • 2.12.1 GEWES Details
    • 2.12.2 GEWES Major Business
    • 2.12.3 GEWES Universal Joint Shaft Product and Services
    • 2.12.4 GEWES Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.12.5 GEWES Recent Developments/Updates
  • 2.13 GSP Automotive Group Wenzhou
    • 2.13.1 GSP Automotive Group Wenzhou Details
    • 2.13.2 GSP Automotive Group Wenzhou Major Business
    • 2.13.3 GSP Automotive Group Wenzhou Universal Joint Shaft Product and Services
    • 2.13.4 GSP Automotive Group Wenzhou Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.13.5 GSP Automotive Group Wenzhou Recent Developments/Updates
  • 2.14 Regal Rexnord
    • 2.14.1 Regal Rexnord Details
    • 2.14.2 Regal Rexnord Major Business
    • 2.14.3 Regal Rexnord Universal Joint Shaft Product and Services
    • 2.14.4 Regal Rexnord Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.14.5 Regal Rexnord Recent Developments/Updates
  • 2.15 WiCHMANN GmbH
    • 2.15.1 WiCHMANN GmbH Details
    • 2.15.2 WiCHMANN GmbH Major Business
    • 2.15.3 WiCHMANN GmbH Universal Joint Shaft Product and Services
    • 2.15.4 WiCHMANN GmbH Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.15.5 WiCHMANN GmbH Recent Developments/Updates
  • 2.16 Nexteer
    • 2.16.1 Nexteer Details
    • 2.16.2 Nexteer Major Business
    • 2.16.3 Nexteer Universal Joint Shaft Product and Services
    • 2.16.4 Nexteer Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.16.5 Nexteer Recent Developments/Updates
  • 2.17 NTN Corporation
    • 2.17.1 NTN Corporation Details
    • 2.17.2 NTN Corporation Major Business
    • 2.17.3 NTN Corporation Universal Joint Shaft Product and Services
    • 2.17.4 NTN Corporation Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.17.5 NTN Corporation Recent Developments/Updates
  • 2.18 Zhejiang ODM Transmission Technology
    • 2.18.1 Zhejiang ODM Transmission Technology Details
    • 2.18.2 Zhejiang ODM Transmission Technology Major Business
    • 2.18.3 Zhejiang ODM Transmission Technology Universal Joint Shaft Product and Services
    • 2.18.4 Zhejiang ODM Transmission Technology Universal Joint Shaft Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
    • 2.18.5 Zhejiang ODM Transmission Technology Recent Developments/Updates

3 Competitive Environment: Universal Joint Shaft by Manufacturer

  • 3.1 Global Universal Joint Shaft Sales Quantity by Manufacturer (2020-2025)
  • 3.2 Global Universal Joint Shaft Revenue by Manufacturer (2020-2025)
  • 3.3 Global Universal Joint Shaft Average Price by Manufacturer (2020-2025)
  • 3.4 Market Share Analysis (2024)
    • 3.4.1 Producer Shipments of Universal Joint Shaft by Manufacturer Revenue ($MM) and Market Share (%): 2024
    • 3.4.2 Top 3 Universal Joint Shaft Manufacturer Market Share in 2024
    • 3.4.3 Top 6 Universal Joint Shaft Manufacturer Market Share in 2024
  • 3.5 Universal Joint Shaft Market: Overall Company Footprint Analysis
    • 3.5.1 Universal Joint Shaft Market: Region Footprint
    • 3.5.2 Universal Joint Shaft Market: Company Product Type Footprint
    • 3.5.3 Universal Joint Shaft Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Universal Joint Shaft Market Size by Region
    • 4.1.1 Global Universal Joint Shaft Sales Quantity by Region (2020-2031)
    • 4.1.2 Global Universal Joint Shaft Consumption Value by Region (2020-2031)
    • 4.1.3 Global Universal Joint Shaft Average Price by Region (2020-2031)
  • 4.2 North America Universal Joint Shaft Consumption Value (2020-2031)
  • 4.3 Europe Universal Joint Shaft Consumption Value (2020-2031)
  • 4.4 Asia-Pacific Universal Joint Shaft Consumption Value (2020-2031)
  • 4.5 South America Universal Joint Shaft Consumption Value (2020-2031)
  • 4.6 Middle East & Africa Universal Joint Shaft Consumption Value (2020-2031)

5 Market Segment by Type

  • 5.1 Global Universal Joint Shaft Sales Quantity by Type (2020-2031)
  • 5.2 Global Universal Joint Shaft Consumption Value by Type (2020-2031)
  • 5.3 Global Universal Joint Shaft Average Price by Type (2020-2031)

6 Market Segment by Application

  • 6.1 Global Universal Joint Shaft Sales Quantity by Application (2020-2031)
  • 6.2 Global Universal Joint Shaft Consumption Value by Application (2020-2031)
  • 6.3 Global Universal Joint Shaft Average Price by Application (2020-2031)

7 North America

  • 7.1 North America Universal Joint Shaft Sales Quantity by Type (2020-2031)
  • 7.2 North America Universal Joint Shaft Sales Quantity by Application (2020-2031)
  • 7.3 North America Universal Joint Shaft Market Size by Country
    • 7.3.1 North America Universal Joint Shaft Sales Quantity by Country (2020-2031)
    • 7.3.2 North America Universal Joint Shaft Consumption Value by Country (2020-2031)
    • 7.3.3 United States Market Size and Forecast (2020-2031)
    • 7.3.4 Canada Market Size and Forecast (2020-2031)
    • 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

  • 8.1 Europe Universal Joint Shaft Sales Quantity by Type (2020-2031)
  • 8.2 Europe Universal Joint Shaft Sales Quantity by Application (2020-2031)
  • 8.3 Europe Universal Joint Shaft Market Size by Country
    • 8.3.1 Europe Universal Joint Shaft Sales Quantity by Country (2020-2031)
    • 8.3.2 Europe Universal Joint Shaft Consumption Value by Country (2020-2031)
    • 8.3.3 Germany Market Size and Forecast (2020-2031)
    • 8.3.4 France Market Size and Forecast (2020-2031)
    • 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
    • 8.3.6 Russia Market Size and Forecast (2020-2031)
    • 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

  • 9.1 Asia-Pacific Universal Joint Shaft Sales Quantity by Type (2020-2031)
  • 9.2 Asia-Pacific Universal Joint Shaft Sales Quantity by Application (2020-2031)
  • 9.3 Asia-Pacific Universal Joint Shaft Market Size by Region
    • 9.3.1 Asia-Pacific Universal Joint Shaft Sales Quantity by Region (2020-2031)
    • 9.3.2 Asia-Pacific Universal Joint Shaft Consumption Value by Region (2020-2031)
    • 9.3.3 China Market Size and Forecast (2020-2031)
    • 9.3.4 Japan Market Size and Forecast (2020-2031)
    • 9.3.5 South Korea Market Size and Forecast (2020-2031)
    • 9.3.6 India Market Size and Forecast (2020-2031)
    • 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
    • 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

  • 10.1 South America Universal Joint Shaft Sales Quantity by Type (2020-2031)
  • 10.2 South America Universal Joint Shaft Sales Quantity by Application (2020-2031)
  • 10.3 South America Universal Joint Shaft Market Size by Country
    • 10.3.1 South America Universal Joint Shaft Sales Quantity by Country (2020-2031)
    • 10.3.2 South America Universal Joint Shaft Consumption Value by Country (2020-2031)
    • 10.3.3 Brazil Market Size and Forecast (2020-2031)
    • 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

  • 11.1 Middle East & Africa Universal Joint Shaft Sales Quantity by Type (2020-2031)
  • 11.2 Middle East & Africa Universal Joint Shaft Sales Quantity by Application (2020-2031)
  • 11.3 Middle East & Africa Universal Joint Shaft Market Size by Country
    • 11.3.1 Middle East & Africa Universal Joint Shaft Sales Quantity by Country (2020-2031)
    • 11.3.2 Middle East & Africa Universal Joint Shaft Consumption Value by Country (2020-2031)
    • 11.3.3 Turkey Market Size and Forecast (2020-2031)
    • 11.3.4 Egypt Market Size and Forecast (2020-2031)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
    • 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

  • 12.1 Universal Joint Shaft Market Drivers
  • 12.2 Universal Joint Shaft Market Restraints
  • 12.3 Universal Joint Shaft Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Universal Joint Shaft and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Universal Joint Shaft
  • 13.3 Universal Joint Shaft Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Universal Joint Shaft Typical Distributors
  • 14.3 Universal Joint Shaft Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Universal Joint Shaft. Industry analysis & Market Report on Universal Joint Shaft is a syndicated market report, published as Global Universal Joint Shaft Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Universal Joint Shaft market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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