Press release
Global Automotive Drive-Shaft Market Top Vendors 2019-2025: NTN, Dana Holding Corporation, Hyundai-Wia, Yamada Manufacturing, American Axle Manufacturing, JTEKT
A drive shaft is a mechanical component for transmitting torque and rotation, usually used to connect other components of a drive train that cannot be connected directly because of distance or the need to allow for relative movement between them.
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Global automotive drive-shaft market is correlated to the rising sales of vehicles across the globe, since all passenger cars and commercial vehicles are equipped with drive-shafts. Major automobile manufacturers already planned to increase their production capacity of vehicles. Automotive industry is facing major challenges from government stringent laws to reduce carbon foot prints and to increase fuel efficiency of vehicles. To overcome the challenges major automotive component manufacturer are spending huge amount of capital on product innovation. Drive-shaft being the major part of drivetrain system of vehicle, automotive component suppliers introduced innovative technology such as carbon composite drive-shaft in order to improve performance and to reduce weight. The nanotechnology used in carbon fiber reduces the overall weight drivetrain system and provide increased torque by increasing shaft's longitudinal and hoop stiffness. Moreover, carbon composite drive-shaft is much more efficient than aluminum drive-shaft and is majorly used in high-end variants and supercars. The aftermarket sales of carbon composite drive-shaft have grown over the past few years, majorly driven by the performance cars enthusiasts.
Global Automotive Drive-Shaft market size will reach xx million US$ by 2025, from xx million US$ in 2018, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Drive-Shaft.
This industry study presents the global Automotive Drive-Shaft market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Drive-Shaft production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Drive-Shaft in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders NTN, Dana Holding Corporation, etc.
The following manufacturers are covered in this report:
NTN
Dana Holding Corporation
Hyundai-Wia
Yamada Manufacturing
American Axle Manufacturing
JTEKT
Neapco
Meritor
Showa
Wanxiang
IFA Rotorion
Automotive Drive-Shaft Breakdown Data by Type
Flexible Drive-Shaft
Torque Tube Drive-Shaft
Hotchkiss Drive-Shaft
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Automotive Drive-Shaft Breakdown Data by Application
Passenger Vehicles
Commercial Vehicles
Automotive Drive-Shaft Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automotive Drive-Shaft Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
The study objectives are:
To analyze and research the global Automotive Drive-Shaft status and future forecastinvolving, production, revenue, consumption, historical and forecast.
To present the key Automotive Drive-Shaft manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment 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 strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
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