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.
To Request a Sample of our Report on Automotive Drive Shaft Market: https://www.omrglobal.com/request-sample/automotive-drive-shaft-market
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
https://www.somosxbox.com.mx/noticias-urgente/tasa-de-crecimiento-lento-del-mercado-de-vacunas-de-vectores-recombinantes-prevista-para-2023-2030/119327/
https://perualdia.net/el-mercado-de-gestion-de-trafico-sera-testigo-de-la-aceleracion-del-crecimiento-para-2028/
https://ekz-crosstour.ch/news/nordamerikanische-marktanalyse-fuer-elektrogehaeuse-groesse-aktuelles-szenario-und-zukunftsaussichten/122952/
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.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Drive Shaft Market 2023 Driving Factors Forecast Research 2029 here
News-ID: 3213579 • Views: …
More Releases from Orion Market Research
Road Marking Paint Market : A Guide to Understanding the Process
The Road Marking Paint Market, valued at approximately USD 5.02 billion in 2023, is projected to reach around USD 7.69 billion by 2033, growing at a compound annual growth rate (CAGR) of 4.36% from 2024 to 2033.
Road Marking Paint Market Overview
The Road Marking Paint Market is steadily expanding, driven by burgeoning infrastructure investments and the need for improved road safety. Governments and municipalities are increasingly allocating funds toward both new…
Outboard Boat Market Size Analysis, Competitive Insights, Leading Players and Gr …
The Outboard Boats Market, valued at approximately USD 5.74 billion in 2023, is projected to grow to around USD 14 billion by 2033, reflecting a compound annual growth rate (CAGR) of about 9% over the 2024-2033 period.
Outboard Boat Market Overview
The Outboard Boat Market continues to expand robustly, fueled largely by rising demand for recreational boating, favorable economic conditions, and the appeal of leisure marine activities. Innovations in outboard motor technology-including…
Mobile Ticketing Market Size Analysis, Competitive Insights, Leading Players and …
The Mobile Ticketing Market, valued at about USD 2.9 billion in 2023, is anticipated to grow to approximately USD 11.39 billion by 2033, reflecting a robust CAGR of 16.7% from 2024 to 2033.
Mobile Ticketing Market Overview
The Mobile Ticketing Market is undergoing rapid expansion, driven primarily by the global surge in smartphone usage and consumer preference for contactless, digital experiences. This growth is further propelled by widespread adoption of digital payments,…
Metal Alloy Market Size Analysis, Competitive Insights, Leading Players and Grow …
The Metal Alloy Market, valued at approximately USD 301.7 billion in 2023, is projected to reach USD 533.9 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.9% from 2024 to 2033.
Metal Alloy Market Overview
The Metal Alloy Market is experiencing steady, long-term expansion, driven by growing demand from key sectors such as automotive, aerospace, construction, and electronics. Applications in next-generation vehicles and aircraft are pushing interest in…
More Releases for Shaft
Marine Shaft Power Meter Market Size Analysis by Application, Type, and Region: …
According to Market Research Intellect, the global Marine Shaft Power Meter market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The marine shaft power meter market is experiencing steady growth due to the increasing need for fuel…
Wind Turbine Drive Shaft Market
The "Wind Turbine Drive Shaft Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Wind Turbine Drive Shaft Market, 2024-2031
Verified Market Research's most recent report, "Wind Turbine Drive Shaft Market: Global Industry Trends, Share, Size, Growth, Opportunity and…
Aircraft Drive Shaft Market is Thriving Worldwide
A drive shaft is a mechanical part which is used for the transmission of torque to the driven components. The aircraft drive shaft is integrated with one or multiple couplings (universal joints) for the proper alignment between the driving and driven components of an aircraft. Therefore, the drive shaft combined with proper coupling helps in the transmission of motion from driving assembly to the driven assembly in the aircraft. The…
Automotive Axle & Propeller Shaft Market : Single Piece Propeller Shaft to Surpa …
The global automotive axle & propeller shaft market was valued at $29.3 billion in 2020, and is projected to reach $45.3 billion by 2030, growing at a CAGR of 4.61% from 2021 to 2030.
Asia-Pacific is expected to dominate the automotive axle & propeller shaft market owing to increase in demand for passenger vehicles from China, Japan, and India. In January 2021, vehicle sales in China experienced rise of 29.5% as…
Automotive Axle & Propeller Shaft Market : Live Axle, Dead Axle, Tandem Axle, Si …
The automotive axle & propeller shaft market was valued at $29.3 billion in 2020, and is estimated to reach $45.3 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030.
Asia-Pacific is expected to dominate the automotive axle & propeller shaft market owing to increase in demand for passenger vehicles from China, Japan, and India. In January 2021, vehicle sales in China experienced rise of 29.5% as compared…
Automotive Balance Shaft Market - Global Industry Analysis
Automotive Balance Shaft Market was valued $10,489.0 million in 2020 and is projected to reach $16,691.3 million in 2030, registering a CAGR of 4.9%.
Balance shaft is a weighted shaft utilized for offsetting the vibrations in vehicle engine. A balance shaft system comprises two shafts having equal eccentric weights and revolves in opposite directions with twice the engine speed. The centrifugal forces generated by shafts cancel out…
