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Automotive Propeller Shaft Market Analysis From 2018 To 2023: By Size, Share, Trends, Position, Propeller Shaft Type, Material, and Region

04-20-2018 10:32 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Automotive Propeller Shaft Market Analysis From 2018 To 2023:

“Automotive Propeller Shaft Market Analysis 2018 to 2023” Research Report added by the MarketResearchFuture, Global Automotive Propeller Shaft market is predicted to grow at 7% CAGR by 2023. Automotive Propeller Shaft market report provides detailed insights on acting forces in market with drivers, opportunities, restraints and challenges industry facing. Report provides comprehensive information on Automotive Propeller Shaft Market shares, size, competitive insights, key player’s analysis, with regional forecast to 2023.

Market Highlights:

Automotive Propeller Shaft Market Information Report By Position (Front, Rear, and Inter-Axle Propeller Shaft), By Type (Live, Dead, and Tandem Axle), By Propeller Shaft Type (Single, Multi Piece, and Other), By Material (Alloy, and Carbon Fiber), and By region.

Key players in Automotive Propeller Shaft market mentioned:

ZF Friedrichshafen AG (Germany), American Axle & Manufacturing, Inc. (U.S.), Meritor, Inc. (U.S.), Showa Corporation (Japan), GKN plc (U.K.), Wilson drive shafts (England), Nexteer Automotive (U.S.), JTEKT Corporation (Japan), Gestamp (Spain), Dana Holding Corporation (U.S.), D & F Propshafts (U.K.), Bailey Morris limited (England), B & F limited (U.K.), American Axle & Manufacturing Holdings, Inc. (U.S.), and Hyundai Wia Corporation (South Korea).

Get Sample Report At: https://www.marketresearchfuture.com/sample_request/5370

The factors that are responsible for the growth of automotive propeller shaft market are technology innovation in the materials, growth in the automotive industry, and increase in the sales of the new vehicle. The innovation in technology in the automotive propeller shafts, is expected to drive the market in future. Innovation such as light weight propeller shaft, have emerged in order to reduce the overall weight of the vehicle. The increase in sales of new vehicle will result in growing use of propeller shaft in the vehicle in order to drive the vehicle. It is an important component of the vehicle because it provide torque and allows the movement of the vehicle.

Market Segmentation:

The automotive propeller shaft market is segmented based on position, type, propeller shaft type, and material. On the basis of position type, the market has been segmented as front, rear, and inter-axle propeller shaft. The front wheel propeller shaft is expected to dominate the automotive propeller shaft market during the forecast period because it is the most preferred over other types. This will improve the aerodynamics of the vehicle. On the basis of type, the market has been segmented as live, dead, and tandem axle. The live axle segment is expected to dominate the market during the forecast period because it provides increased optimization of vehicle performance and higher torque. On the basis of propeller shaft type, the market is segmented as single, multi piece, and other. Multi piece propeller shaft is expected to dominate the market during the forecast period as it improves efficiency of vehicles.

Regional Analysis:

On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to dominate the market during the forecast period due to increasing demand of propeller shaft among both OEMs and aftermarket replacement. The growing demand for propeller shaft in emerging economies such as India, china, and among others is expected to drive the market in Asia Pacific. The automotive manufacturers in Asia Pacific region are moving towards new product development and are investing heavily in research and development. The increase in new product development, is expected to drive the automotive propeller shaft market in this region. Europe is expected to be the second largest market due to the leading automotive technology providers in this region. North America is expected to be the third largest market in automotive propeller shaft, in which U.S. is the major contributor. In U.S., the major focus is to reduce the weight of the vehicle. The reduced weight propeller shaft is expected to drive the market in this region.

Major Table of Content:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Automotive Propeller Shaft Market, By Position

6 Global Automotive Propeller Shaft Market, By Type

7 Global Automotive Propeller Shaft Market, By Propeller Shaft Type

8Global Automotive Propeller Shaft Market, By Region

9 Competitive Landscape

10 Company Profiles

Browse more details about “Automotive Propeller Shaft Market Research Report - Forecast to 2023” at: https://www.marketresearchfuture.com/reports/automotive-propeller-shaft-market-5370

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Pune - 411028

Maharashtra, India+1 646 845 9312

sales@marketresearchfuture.com

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