Press release
Automotive Drive Shaft Market 2023 Driving Factors Forecast Research 2029
Aequita acquired IFA group- In March 2022, Aequita acquired IFA Group based in Haldensleben in Saxony-Anhalt. The company supports the continuous growth strategy of the drive shaft business. With this acquisition, Aequits used technological expertise, as well as the employees of IFA Group for successful restructuring, and in order, to attract an new strategic investor.
NSK Develops World's First Non-Contact Torque Sensor for Drive Shafts in Motor Vehicles- In July 2020, NSK Ltd., has launched a newly developed non-contact torque sensor capable of measuring the torque of drive shafts in vehicles in real-time. NSK's new torque provides fuel economy and improves ride comfort and safety. The sensor uses magnetic fields to detect torque by measuring a minute twisting of the drive shaft. Moreover, the compact sensor is a simple structure that is ideal for mass production and broad adoption by automakers.
TrakMotive Introduces 134 New Numbers- In October 2021, TrakMotive announced the release of 134 new numbers, which include automotive CV axles, ATV CV axles, intermediate shafts, and drive shafts. Nealey 6 drive shafts are designed to be inserted in different automobiles such as BMW, Dodge, Ford, Chevrolet, GMC, and others. With this new number, the sales of the company increase, and ales from drive shaft is expected to be 4.8 million.
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Market Coverage
The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered- by drive shaft type, by design type, by position type, by vehicle type
Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
Competitive Landscape- American Axle & Manufacturing, Inc., GKN Automotive Ltd., Hyundai Wia Corp., Meritor, Inc., The Timken Co., IFA Holding GmbH, JTEKT Corp., Neapco Holdings, and others
A full Report of Automotive Drive Shaft Market is Available @ https://www.omrglobal.com/industry-reports/automotive-drive-shaft-market
Automotive Drive Shaft Market- Segmentation
By Drive Shaft Type
One-Piece Drive Shaft
Two-Piece Drive Shaft
Slip-in-Tube Drive Shaft
By Design Type
Hollow Shaft
Solid Shaft
By Position Type
Rear Axle
Front Axle
By Vehicle Type
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Automotive Drive Shaft Market by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East and Africa
Company Profiles
Diversified Shafts Solutions, Inc
Dorman Products
Hersey Clutch Co.
IFA Holding GmbH
JTEKT Corp.
Neapco Holdings
Nexteer Automotive Corp.
Ruland Manufacturing Co., Inc
Trelleborg
Wilson's U-Joint & Driveshaft
Zhejiang Feng De industry Co., Ltd
Reasons to buy from us -
We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-drive-shaft-market
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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