Press release
Global Cardan Shaft Market 2019 – 2025 Analysis by Top Venders: GKN, Dana, IFA Rotorion
Cardan Shaft, also known as propeller shaft or drive shaft, is a mechanical component used for the transmission of torque and rotation. Cardan Shaft consists of universal joint, shaft yokes and intermediate support, etc. It acts as an intermediate between the driving and the driven shaft that are not aligned on the same axis transferring the running torque smoothly.GKN dominated the market, with accounted for 11.677% of the Cardan Shaft sales market share in 2016. Dana, IFA Rotorion are the key players and accounted for 5.019%, 3.241% respectively of the overall Cardan Shaft market share in 2016. Global giant market mainly distributed in Asia-Pacific and Europe. It has unshakable status in this field.
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Asia-Pacific is the largest consumption region of Cardan Shaft, with a consumption market share nearly 47.32% in 2016. The second place is Europe; following Asia-Pacific with the consumption market share over 24.54% in 2016.
The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
The global Cardan Shaft market is valued at 22000 million US$ in 2018 is expected to reach 25000 million US$ by the end of 2025, growing at a CAGR of 1.6% during 2019-2025.
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The following manufacturers are covered: GKN, Dana, IFA Rotorion, Meritor, AAM, Neapco, JTEKT, Wanxiang Qianchao Group, Showa Corporation, Elbe, GSP Group, Yuandong Drive Shaft, Gewes, Ameridrive, Anhui Taier, Wichmann, Maina,
Cardan Shaft market includes market size, segmentation data and geographical analysis of market growth trends, leading companies and microeconomic information.
Cardan Shaft Market Segmentation by Types: Small Series, Medium Series, Heavy Duty Series,
Cardan Shaft Market Segmentation by Applications: Automotive, Manufacturing, Machinery & Equipment, Other Application,
Regions Covered in the Global Cardan Shaft Market:
The Middle East and Africa (GCC Countries and Egypt)
North America (the United States, Mexico, and Canada)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
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The report provides an in-depth analysis of the following –
Detailed Overview of Global Cardan Shaft market helps deliver clients and businesses making strategies.
It covers Cardan Shaft industry outlines, upstream and downstream Cardan Shaft market segments, cost analysis, and market utilizing power, market overview, product scope, product definition of Cardan Shaft market driving forces.
To provide detailed analysis, Market size and drivers during 2019 to 2025 including various segments and sub-segments of the Global Cardan Shaft Market
Analysis of the key markets in each region, providing an analysis of the key segments of the market that are expected to be in demand
The analysis of the competitive landscape of the global Cardan Shaft market. It provides an overview of key players, together with information regarding key alliances, strategic initiatives, and financial analysis
To provides Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders and Market Effect Factors Analysis of Cardan Shaft market
The Cardan Shaft market report covers Volume, Revenue and Price Forecast 2019 to 2025
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