Press release
Automotive Drive Shaft Market 2023 Driving Factors Forecast Research 2029
Automotive Drive Shaft Market
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The global automotive drive shaft market is segmented on the basis of drive shaft type, design type, position type, and vehicle type. Based on drive shaft type, the market is segmented into, one-piece drive shaft, two-piece drive shaft, slip-in-tube drive shaft. Based on drive shaft type, the slip-in-tube drive shaft segment is expected to grow at a significant rate. The growth is mainly augmented owing to its wider benefits such as increased efficiency, vibration, and harshness (NVH) performance, reduced weight, and improved crash energy management. The benefits offered by slip-in-tube-drive shafts from its inception are expected to witness robust growth during the forecast period. Based on design type, the market is bifurcated into hollow shaft, and solid shaft. Based on position type, the market is sub-divided into the rear axle, and the front axle. Based on vehicle type, the market is sub-divided into, passenger vehicles, light commercial vehicles, and heavy commercial vehicles.
full report of Automotive Drive Shaft Market available @ https://www.omrglobal.com/industry-reports/automotive-drive-shaft-market
• Market Coverage
• Market number available for - 2023-2029
• Base year- 2022
• Forecast period- 2023-2029
• Segment Covered- By Source, By Product Type, By Applications
• Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
• Inc., and others
Global 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
Global Automotive Drive Shaft Market by Region
North America
• US
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Middle East & Africa
• Latin America
The Report Covers
• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global automotive drive shaft market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market entry and market expansion strategies.
• Competitive strategies by identifying 'who-stands-where' in the market.
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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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Contact Person: Mr. Anurag Tiwari
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