Press release
Side Shaft Market Outlook and Top Manufacturers 2021 - GKN, NTN, Hyundai-wia, Nexteer, KOFCO
In 2020, the global Side Shaft market size was US$ 6705 million and it is expected to reach US$ 6846.9 million by the end of 2027, with a CAGR of 1.1% during 2021-2027.The Market Research on the “Side Shaft Market 2021-2027”, now available with Market Insights Reports, Introduces systematic details in terms of market valuation, market size, revenue estimation, and geographical spectrum of the business vertical. The Side Shaft market report offers an overview of top company profiles with the business value and demand status of the industry. The report also helps the user to understand the market in terms of its definition, segmentation, market potential, influential trends, and therefore the challenges that the market is facing. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Side Shaft investments from 2021 till 2027.
The prominent players in the Global Side Shaft Market:
GKN, NTN, Hyundai-wia, Nexteer, KOFCO, Wanxiang, Neapco, JTEKT, Guansheng and Others.
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Market Overview:
Global Side Shaft key players include GKN, NTN, Nexteer, Hyundai-wia, KOFCO, etc. Global top five manufacturers hold a share about 80%. Asia Pacific is the largest market, with a share about 50%, followed by Europe, with a share about 25 percent. In terms of product, Front Side Shaft is the largest segment, with a share about 80%. And in terms of application, the largest application is Commercial Vehicles, followed by Passenger Vehicles.
Industry News:
GKN Driveline continues expansion with new Pune facility
Continuing its growth trajectory, GKN Driveline announced that it will invest Rs 130 crore to set up a 600,000 per annum sideshaft manufacturing facility in Pune by August next year that will also make trans-axle solutions.
(Source: - business-standard)
Based on Types, The Side Shaft Market is segmented into:
Rear Side Shaft
Front Side Shaft
Based on Application, The Side Shaft Market is segmented into:
Passenger Vehicles
Commercial Vehicles
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Side Shaft Market these regions, from 2021 to 2027 (forecast), covering North America, Europe, China, Japan, Southeast Asia, India, North America (USA, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia–Pacific (China, Japan, Korea, India, and Southeast).
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Major Highlights of TOC
Chapter 1: Report Overview
Chapter 2: Global Growth Trends
Chapter 3: Competition Landscape by Key Players
Chapter 4: Industry Analysis by Regions
Chapter 5: Industry Analysis by Type
Chapter 6: Industry Analysis by Applications
Chapter 7: Key Companies Profiled
Chapter 8: Industry Manufacturers Cost Analysis
Chapter 9: Marketing Channel, Distributors, and Customers
Chapter 10: Market Dynamics
Chapter 11: Industry Forecast
Chapter 12: Research Findings and Conclusion
Chapter 13: Methodology and Data Source
Finally, the Side Shaft market report offers a complete and detailed study of the global Side Shaft market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except this, market insight reports will provide customization as per specific demands.
The report has 150+ tables and figures browse the full report description and TOC:
https://www.marketinsightsreports.com/reports/07223090511/global-side-shaft-market-size-manufacturers-supply-chain-sales-channel-and-clients-2021-2027?Mode=18
Customization of the Report: This report will be customized as per your needs for extra data up to 3 companies or 3 countries or nearly 40 analyst hours.
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides US and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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