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Automotive Drive-Shaft-Global Market Insights and Sales Trends 2024
Synopsis
Automotive drive shaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 5-wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
The global Automotive Drive-Shaft market size is expected to reach US$ 10250 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Drive-Shaft in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Drive-Shaft market. Flexible Drive-Shaft, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Torque Tube Drive-Shaft segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Drive-Shaft, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Drive-Shaft market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Drive-Shaft market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Drive-Shaft sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Drive-Shaft covered in this report include NTN, Dana Holding Corporation, Hyundai-Wia, Yamada Manufacturing, American Axle Manufacturing, JTEKT, Neapco, Meritor and Showa, etc.
The global Automotive Drive-Shaft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NTN
Dana Holding Corporation
Hyundai-Wia
Yamada Manufacturing
American Axle Manufacturing
JTEKT
Neapco
Meritor
Showa
Wanxiang
IFA Rotorion
Global Automotive Drive-Shaft market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Drive-Shaft market, Segment by Type:
Flexible Drive-Shaft
Torque Tube Drive-Shaft
Hotchkiss Drive-Shaft
Global Automotive Drive-Shaft market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Drive-Shaft manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Drive-Shaft in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive drive shaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 5-wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
The global Automotive Drive-Shaft market size is expected to reach US$ 10250 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Drive-Shaft in various end use industries. The expanding demands from the Passenger Vehicles and Commercial Vehicles, are propelling Automotive Drive-Shaft market. Flexible Drive-Shaft, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Torque Tube Drive-Shaft segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Drive-Shaft, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Drive-Shaft market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Drive-Shaft market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Drive-Shaft sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Drive-Shaft covered in this report include NTN, Dana Holding Corporation, Hyundai-Wia, Yamada Manufacturing, American Axle Manufacturing, JTEKT, Neapco, Meritor and Showa, etc.
The global Automotive Drive-Shaft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
NTN
Dana Holding Corporation
Hyundai-Wia
Yamada Manufacturing
American Axle Manufacturing
JTEKT
Neapco
Meritor
Showa
Wanxiang
IFA Rotorion
Global Automotive Drive-Shaft market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Drive-Shaft market, Segment by Type:
Flexible Drive-Shaft
Torque Tube Drive-Shaft
Hotchkiss Drive-Shaft
Global Automotive Drive-Shaft market, by Application
Passenger Vehicles
Commercial Vehicles
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Drive-Shaft manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Drive-Shaft in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Drive-Shaft Market Overview
1.1 Automotive Drive-Shaft Product Overview
1.2 Automotive Drive-Shaft Market Segment by Type
1.2.1 Flexible Drive-Shaft
1.2.2 Torque Tube Drive-Shaft
1.2.3 Hotchkiss Drive-Shaft
1.3 Global Automotive Drive-Shaft Market Size by Type
1.3.1 Global Automotive Drive-Shaft Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Drive-Shaft Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Drive-Shaft Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Drive-Shaft Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Drive-Shaft Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Drive-Shaft Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Drive-Shaft Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Drive-Shaft Sales Breakdown by Type (2018-2023)
2 Global Automotive Drive-Shaft Market Competition by Company
2.1 Global Top Players by Automotive Drive-Shaft Sales (2018-2023)
2.2 Global Top Players by Automotive Drive-Shaft Revenue (2018-2023)
2.3 Global Top Players by Automotive Drive-Shaft Price (2018-2023)
2.4 Global Top Manufacturers Automotive Drive-Shaft Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Drive-Shaft Market Competitive Situation and Trends
2.5.1 Automotive Drive-Shaft Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Drive-Shaft Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Drive-Shaft as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Drive-Shaft Market
2.8 Key Manufacturers Automotive Drive-Shaft Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Drive-Shaft Status and Outlook by Region
3.1 Global Automotive Drive-Shaft Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Drive-Shaft Historic Market Size by Region
3.2.1 Global Automotive Drive-Shaft Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Drive-Shaft Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Drive-Shaft Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Drive-Shaft Forecasted Market Size by Region
3.3.1 Global Automotive Drive-Shaft Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Drive-Shaft Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Drive-Shaft Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Drive-Shaft by Application
4.1 Automotive Drive-Shaft Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Commercial Vehicles
4.2 Global Automotive Drive-Shaft Market Size by Application
4.2.1 Global Automotive Drive-Shaft Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Drive-Shaft Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Drive-Shaft Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Drive-Shaft Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Drive-Shaft Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Drive-Shaft Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Drive-Shaft Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Drive-Shaft Sales Breakdown by Application (2018-2023)
5 North America Automotive Drive-Shaft by Country
5.1 North America Automotive Drive-Shaft Historic Market Size by Country
5.1.1 North America Automotive Drive-Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Drive-Shaft Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Drive-Shaft Sales in Value by Country (2018-2023)
5.2 North America Automotive Drive-Shaft Forecasted Market Size by Country
5.2.1 North America Automotive Drive-Shaft Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Drive-Shaft Sales in Value by Country (2024-2029)
6 Europe Automotive Drive-Shaft by Country
6.1 Europe Automotive Drive-Shaft Historic Market Size by Country
6.1.1 Europe Automotive Drive-Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Drive-Shaft Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Drive-Shaft Sales in Value by Country (2018-2023)
6.2 Europe Automotive Drive-Shaft Forecasted Market Size by Country
6.2.1 Europe Automotive Drive-Shaft Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Drive-Shaft Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Drive-Shaft by Region
7.1 Asia-Pacific Automotive Drive-Shaft Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Drive-Shaft Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Drive-Shaft Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Drive-Shaft Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Drive-Shaft Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Drive-Shaft Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Drive-Shaft Sales in Value by Region (2024-2029)
8 Latin America Automotive Drive-Shaft by Country
8.1 Latin America Automotive Drive-Shaft Historic Market Size by Country
8.1.1 Latin America Automotive Drive-Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Drive-Shaft Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Drive-Shaft Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Drive-Shaft Forecasted Market Size by Country
8.2.1 Latin America Automotive Drive-Shaft Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Drive-Shaft Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Drive-Shaft by Country
9.1 Middle East and Africa Automotive Drive-Shaft Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Drive-Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Drive-Shaft Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Drive-Shaft Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Drive-Shaft Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Drive-Shaft Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Drive-Shaft Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 NTN
10.1.1 NTN Company Information
10.1.2 NTN Introduction and Business Overview
10.1.3 NTN Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.1.4 NTN Automotive Drive-Shaft Products Offered
10.1.5 NTN Recent Development
10.2 Dana Holding Corporation
10.2.1 Dana Holding Corporation Company Information
10.2.2 Dana Holding Corporation Introduction and Business Overview
10.2.3 Dana Holding Corporation Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Dana Holding Corporation Automotive Drive-Shaft Products Offered
10.2.5 Dana Holding Corporation Recent Development
10.3 Hyundai-Wia
10.3.1 Hyundai-Wia Company Information
10.3.2 Hyundai-Wia Introduction and Business Overview
10.3.3 Hyundai-Wia Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hyundai-Wia Automotive Drive-Shaft Products Offered
10.3.5 Hyundai-Wia Recent Development
10.4 Yamada Manufacturing
10.4.1 Yamada Manufacturing Company Information
10.4.2 Yamada Manufacturing Introduction and Business Overview
10.4.3 Yamada Manufacturing Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Yamada Manufacturing Automotive Drive-Shaft Products Offered
10.4.5 Yamada Manufacturing Recent Development
10.5 American Axle Manufacturing
10.5.1 American Axle Manufacturing Company Information
10.5.2 American Axle Manufacturing Introduction and Business Overview
10.5.3 American Axle Manufacturing Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.5.4 American Axle Manufacturing Automotive Drive-Shaft Products Offered
10.5.5 American Axle Manufacturing Recent Development
10.6 JTEKT
10.6.1 JTEKT Company Information
10.6.2 JTEKT Introduction and Business Overview
10.6.3 JTEKT Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.6.4 JTEKT Automotive Drive-Shaft Products Offered
10.6.5 JTEKT Recent Development
10.7 Neapco
10.7.1 Neapco Company Information
10.7.2 Neapco Introduction and Business Overview
10.7.3 Neapco Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Neapco Automotive Drive-Shaft Products Offered
10.7.5 Neapco Recent Development
10.8 Meritor
10.8.1 Meritor Company Information
10.8.2 Meritor Introduction and Business Overview
10.8.3 Meritor Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Meritor Automotive Drive-Shaft Products Offered
10.8.5 Meritor Recent Development
10.9 Showa
10.9.1 Showa Company Information
10.9.2 Showa Introduction and Business Overview
10.9.3 Showa Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Showa Automotive Drive-Shaft Products Offered
10.9.5 Showa Recent Development
10.10 Wanxiang
10.10.1 Wanxiang Company Information
10.10.2 Wanxiang Introduction and Business Overview
10.10.3 Wanxiang Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Wanxiang Automotive Drive-Shaft Products Offered
10.10.5 Wanxiang Recent Development
10.11 IFA Rotorion
10.11.1 IFA Rotorion Company Information
10.11.2 IFA Rotorion Introduction and Business Overview
10.11.3 IFA Rotorion Automotive Drive-Shaft Sales, Revenue and Gross Margin (2018-2023)
10.11.4 IFA Rotorion Automotive Drive-Shaft Products Offered
10.11.5 IFA Rotorion Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Drive-Shaft Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Drive-Shaft Industrial Chain Analysis
11.4 Automotive Drive-Shaft Market Dynamics
11.4.1 Automotive Drive-Shaft Industry Trends
11.4.2 Automotive Drive-Shaft Market Drivers
11.4.3 Automotive Drive-Shaft Market Challenges
11.4.4 Automotive Drive-Shaft Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Drive-Shaft Distributors
12.3 Automotive Drive-Shaft Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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