Drive Shaft (Driveshaft) Market Key Players, Latest Trends and Growth Forecast till 2030

A drive shaft is a component that is mostly utilised in the automotive industry to transmit power from the transmission and grasp to the pivot and driving hub of the car. The drive shaft serves as a conduit for transferring the motor's power to the wheels, enabling them to propel the vehicle. Most cars today are front-wheel drives, and there are smooth drive shafts between each front wheel and transaxle. Due to the massive torque the engine produces, the drive shaft needs to be sturdy and strong.

A drive shaft, also known as a propeller or Cardan shaft, is a mechanical part used to deliver torque and power to a vehicle's powertrain, more especially to the vehicle's back wheels. Drive shafts' main function is to transfer torque from one or more vehicle components to other parts of the vehicle. Drive shafts are typically used to transfer torque from the engine and transmission to the other end of the vehicle before it enters the wheels. Two shorter drive shafts are commonly used to transfer torque from a transaxle to the wheels. Drive shafts for automobiles last longer and require less maintenance. Other benefits of automotive drive shafts include their low operating costs, smoothness, lack of oil spills, reliability, and clean operation.

Usually used to connect other drive train components that can't be connected directly due to distance or the need to allow for relative movement between them, an automotive drive shaft is a mechanical part for transmitting torque and rotation.

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Global Drive Shaft (Driveshaft) Market: Major Players
Wanxiang
NTN
Golden
Sinotruk
AAM
Hengli
Meritor
SDS
JTEKT
Lantong
Danchuan
Nexteer
Lingyun
IFA Rotorion
Guansheng
Showa
Seohan
JDS
Neapco
Dongfeng
Fawer
Dana
Hitachi
Yuandong
GKN
Hyundai-Wia

Global Drive Shaft (Driveshaft) Market: Types
Half Shaft
Propeller Shaft

Global Drive Shaft (Driveshaft) Market: Applications
Passenger Vehicle
Commercial Vehicle

Global Drive Shaft (Driveshaft) Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Drive Shaft (Driveshaft) market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions
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