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Drive Shaft-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global Drive Shaft market size is expected to reach US$ 7052 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Drive Shaft in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Drive Shaft market. Hollow, 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 Rigid segment is estimated at % CAGR for the next seven-year period.
Key factors responsible for growth in the automotive drive shaft market include demand for low carbon footprint, enhanced driving experience, and fuel-efficient vehicles.
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 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 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 Drive Shaft market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 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 Drive Shaft covered in this report include GKN PLc, Nexteer Automotive Group Limited, NTN Corporation, American Axle & Manufacturing Holdings, Hyundai Wia Corporation, Neapco Holdings LLc, Ifa Rotorion - Holding GmbH, Trelleborg AB and NKN, Ltd., etc.
The global 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:
GKN PLc
Nexteer Automotive Group Limited
NTN Corporation
American Axle & Manufacturing Holdings
Hyundai Wia Corporation
Neapco Holdings LLc
Ifa Rotorion - Holding GmbH
Trelleborg AB
NKN, Ltd.
Yamada Manufacturing.
Global 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 Drive Shaft market, Segment by Type:
Hollow
Rigid
Global Drive Shaft market, by Application
Passenger Cars
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 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 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.
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.
The global Drive Shaft market size is expected to reach US$ 7052 million by 2029, growing at a CAGR of 3.6% from 2023 to 2029. The market is mainly driven by the significant applications of Drive Shaft in various end use industries. The expanding demands from the Passenger Cars and Commercial Vehicles, are propelling Drive Shaft market. Hollow, 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 Rigid segment is estimated at % CAGR for the next seven-year period.
Key factors responsible for growth in the automotive drive shaft market include demand for low carbon footprint, enhanced driving experience, and fuel-efficient vehicles.
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 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 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 Drive Shaft market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, 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 Drive Shaft covered in this report include GKN PLc, Nexteer Automotive Group Limited, NTN Corporation, American Axle & Manufacturing Holdings, Hyundai Wia Corporation, Neapco Holdings LLc, Ifa Rotorion - Holding GmbH, Trelleborg AB and NKN, Ltd., etc.
The global 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:
GKN PLc
Nexteer Automotive Group Limited
NTN Corporation
American Axle & Manufacturing Holdings
Hyundai Wia Corporation
Neapco Holdings LLc
Ifa Rotorion - Holding GmbH
Trelleborg AB
NKN, Ltd.
Yamada Manufacturing.
Global 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 Drive Shaft market, Segment by Type:
Hollow
Rigid
Global Drive Shaft market, by Application
Passenger Cars
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 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 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 Drive Shaft Market Overview
1.1 Drive Shaft Product Overview
1.2 Drive Shaft Market Segment by Type
1.2.1 Hollow
1.2.2 Rigid
1.3 Global Drive Shaft Market Size by Type
1.3.1 Global Drive Shaft Market Size Overview by Type (2018-2029)
1.3.2 Global Drive Shaft Historic Market Size Review by Type (2018-2023)
1.3.3 Global Drive Shaft Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Drive Shaft Sales Breakdown by Type (2018-2023)
1.4.2 Europe Drive Shaft Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Drive Shaft Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Drive Shaft Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Drive Shaft Sales Breakdown by Type (2018-2023)
2 Global Drive Shaft Market Competition by Company
2.1 Global Top Players by Drive Shaft Sales (2018-2023)
2.2 Global Top Players by Drive Shaft Revenue (2018-2023)
2.3 Global Top Players by Drive Shaft Price (2018-2023)
2.4 Global Top Manufacturers Drive Shaft Manufacturing Base Distribution, Sales Area, Product Type
2.5 Drive Shaft Market Competitive Situation and Trends
2.5.1 Drive Shaft Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by 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 Drive Shaft as of 2022)
2.7 Date of Key Manufacturers Enter into Drive Shaft Market
2.8 Key Manufacturers Drive Shaft Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Drive Shaft Status and Outlook by Region
3.1 Global Drive Shaft Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Drive Shaft Historic Market Size by Region
3.2.1 Global Drive Shaft Sales in Volume by Region (2018-2023)
3.2.2 Global Drive Shaft Sales in Value by Region (2018-2023)
3.2.3 Global Drive Shaft Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Drive Shaft Forecasted Market Size by Region
3.3.1 Global Drive Shaft Sales in Volume by Region (2024-2029)
3.3.2 Global Drive Shaft Sales in Value by Region (2024-2029)
3.3.3 Global Drive Shaft Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Drive Shaft by Application
4.1 Drive Shaft Market Segment by Application
4.1.1 Passenger Cars
4.1.2 Commercial Vehicles
4.2 Global Drive Shaft Market Size by Application
4.2.1 Global Drive Shaft Market Size Overview by Application (2018-2029)
4.2.2 Global Drive Shaft Historic Market Size Review by Application (2018-2023)
4.2.3 Global Drive Shaft Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Drive Shaft Sales Breakdown by Application (2018-2023)
4.3.2 Europe Drive Shaft Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Drive Shaft Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Drive Shaft Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Drive Shaft Sales Breakdown by Application (2018-2023)
5 North America Drive Shaft by Country
5.1 North America Drive Shaft Historic Market Size by Country
5.1.1 North America Drive Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Drive Shaft Sales in Volume by Country (2018-2023)
5.1.3 North America Drive Shaft Sales in Value by Country (2018-2023)
5.2 North America Drive Shaft Forecasted Market Size by Country
5.2.1 North America Drive Shaft Sales in Volume by Country (2024-2029)
5.2.2 North America Drive Shaft Sales in Value by Country (2024-2029)
6 Europe Drive Shaft by Country
6.1 Europe Drive Shaft Historic Market Size by Country
6.1.1 Europe Drive Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Drive Shaft Sales in Volume by Country (2018-2023)
6.1.3 Europe Drive Shaft Sales in Value by Country (2018-2023)
6.2 Europe Drive Shaft Forecasted Market Size by Country
6.2.1 Europe Drive Shaft Sales in Volume by Country (2024-2029)
6.2.2 Europe Drive Shaft Sales in Value by Country (2024-2029)
7 Asia-Pacific Drive Shaft by Region
7.1 Asia-Pacific Drive Shaft Historic Market Size by Region
7.1.1 Asia-Pacific Drive Shaft Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Drive Shaft Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Drive Shaft Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Drive Shaft Forecasted Market Size by Region
7.2.1 Asia-Pacific Drive Shaft Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Drive Shaft Sales in Value by Region (2024-2029)
8 Latin America Drive Shaft by Country
8.1 Latin America Drive Shaft Historic Market Size by Country
8.1.1 Latin America Drive Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Drive Shaft Sales in Volume by Country (2018-2023)
8.1.3 Latin America Drive Shaft Sales in Value by Country (2018-2023)
8.2 Latin America Drive Shaft Forecasted Market Size by Country
8.2.1 Latin America Drive Shaft Sales in Volume by Country (2024-2029)
8.2.2 Latin America Drive Shaft Sales in Value by Country (2024-2029)
9 Middle East and Africa Drive Shaft by Country
9.1 Middle East and Africa Drive Shaft Historic Market Size by Country
9.1.1 Middle East and Africa Drive Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Drive Shaft Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Drive Shaft Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Drive Shaft Forecasted Market Size by Country
9.2.1 Middle East and Africa Drive Shaft Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Drive Shaft Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 GKN PLc
10.1.1 GKN PLc Company Information
10.1.2 GKN PLc Introduction and Business Overview
10.1.3 GKN PLc Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.1.4 GKN PLc Drive Shaft Products Offered
10.1.5 GKN PLc Recent Development
10.2 Nexteer Automotive Group Limited
10.2.1 Nexteer Automotive Group Limited Company Information
10.2.2 Nexteer Automotive Group Limited Introduction and Business Overview
10.2.3 Nexteer Automotive Group Limited Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Nexteer Automotive Group Limited Drive Shaft Products Offered
10.2.5 Nexteer Automotive Group Limited Recent Development
10.3 NTN Corporation
10.3.1 NTN Corporation Company Information
10.3.2 NTN Corporation Introduction and Business Overview
10.3.3 NTN Corporation Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.3.4 NTN Corporation Drive Shaft Products Offered
10.3.5 NTN Corporation Recent Development
10.4 American Axle & Manufacturing Holdings
10.4.1 American Axle & Manufacturing Holdings Company Information
10.4.2 American Axle & Manufacturing Holdings Introduction and Business Overview
10.4.3 American Axle & Manufacturing Holdings Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.4.4 American Axle & Manufacturing Holdings Drive Shaft Products Offered
10.4.5 American Axle & Manufacturing Holdings Recent Development
10.5 Hyundai Wia Corporation
10.5.1 Hyundai Wia Corporation Company Information
10.5.2 Hyundai Wia Corporation Introduction and Business Overview
10.5.3 Hyundai Wia Corporation Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Hyundai Wia Corporation Drive Shaft Products Offered
10.5.5 Hyundai Wia Corporation Recent Development
10.6 Neapco Holdings LLc
10.6.1 Neapco Holdings LLc Company Information
10.6.2 Neapco Holdings LLc Introduction and Business Overview
10.6.3 Neapco Holdings LLc Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Neapco Holdings LLc Drive Shaft Products Offered
10.6.5 Neapco Holdings LLc Recent Development
10.7 Ifa Rotorion - Holding GmbH
10.7.1 Ifa Rotorion - Holding GmbH Company Information
10.7.2 Ifa Rotorion - Holding GmbH Introduction and Business Overview
10.7.3 Ifa Rotorion - Holding GmbH Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Ifa Rotorion - Holding GmbH Drive Shaft Products Offered
10.7.5 Ifa Rotorion - Holding GmbH Recent Development
10.8 Trelleborg AB
10.8.1 Trelleborg AB Company Information
10.8.2 Trelleborg AB Introduction and Business Overview
10.8.3 Trelleborg AB Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Trelleborg AB Drive Shaft Products Offered
10.8.5 Trelleborg AB Recent Development
10.9 NKN, Ltd.
10.9.1 NKN, Ltd. Company Information
10.9.2 NKN, Ltd. Introduction and Business Overview
10.9.3 NKN, Ltd. Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.9.4 NKN, Ltd. Drive Shaft Products Offered
10.9.5 NKN, Ltd. Recent Development
10.10 Yamada Manufacturing.
10.10.1 Yamada Manufacturing. Company Information
10.10.2 Yamada Manufacturing. Introduction and Business Overview
10.10.3 Yamada Manufacturing. Drive Shaft Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Yamada Manufacturing. Drive Shaft Products Offered
10.10.5 Yamada Manufacturing. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 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 Drive Shaft Industrial Chain Analysis
11.4 Drive Shaft Market Dynamics
11.4.1 Drive Shaft Industry Trends
11.4.2 Drive Shaft Market Drivers
11.4.3 Drive Shaft Market Challenges
11.4.4 Drive Shaft Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Drive Shaft Distributors
12.3 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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