Press release
Automotive Propeller Shaft Market to Represent Significant Revenue Growth
Automotive propeller shaft is one of the most crucial components in the automotive drivetrain system, as the component is responsible for transmitting engine torque to the automotive wheels, which finally turns into motion of the vehicle. Propeller shaft is a key component deciding the performance of the vehicle, thus design and development of automotive propeller shaft must be done with high precision.Request A Sample Copy Of This Report at: https://www.futuremarketinsights.com/reports/sample/rep-gb-3497
Due to this factor, which is further supplemented by the existing regulatory atmosphere in automotive industry focused on lightweight and increased fuel efficiency, propeller shaft manufacturers invest heavily in research and development for innovating new products. The global automotive propeller shaft market is expected to witness healthy upsurge in sales, owing to robustly growing demand for new vehicles. Light weighting of propeller shaft is presently the prime focus of propeller shaft manufacturers, the lightweight shafts will not only improve fuel efficiency but also enhance driving experience, this trend has brought hollow shafts into limelight and significant growth is expected in hollow shafts segment. The manufacturers are focusing on introducing new and advanced materials, which could significantly reduce weight of the shafts.
Global Automotive Propeller Shaft Market: Market Dynamics
Increasing demand for automotive, particularly passenger cars, which in turn leads to increased vehicle production, is one of the major motive forces driving the growth of automotive propeller shafts market. High value growth in vehicle sales is witnessed in developing nations such as India where the national economy has been growing robustly over years. Further, existing regulatory environment to mitigate concerns such as carbon emissions is motivating manufacturers to invest in research and development, which again drives the market growth. However, on the other side, increasing cost of raw materials and economic uncertainties existing in some of the major regions could hamper growth of the global automotive propeller shaft market.
Global Automotive Propeller Shaft Market: Segmentation
The global automotive propeller shaft market can be segmented based on product type, material type, shaft position, category, vehicle type and sales channel.
By product type, the global automotive propeller shaft market can be classified into:
Single Piece
Multi-Piece
Collapsible shafts
By shaft position, the global automotive propeller shaft market can be classified into:
Front
Interaxle
Rear
By category, the global automotive propeller shaft market can be classified into:
Rigid
Hollow
By material type, the global automotive propeller shaft market can be classified into:
Steel
Aluminium
Carbon Fibre
By vehicle type, the global automotive propeller shaft market can be classified into:
Passenger Cars
Economic cars
Mid-range
Premium & Luxury
Light commercial vehicles
Heavy commercial vehicles
Heavy Trucks
Buses & Coaches
By sales channel, the global automotive propeller shaft market can be classified into:
OEM
Aftermarket
Global Automotive Propeller Shaft Market: Region-wise Outlook
Asia pacific dominates the global automotive production and sales, thus the region is expected to remain as the major market in terms of demand for automotive propeller shaft both from OEMs and aftermarket replacement demands. India, China, Japan, South Korea and ASEAN countries are expected to be the key drivers for the growth in the market. The market in the region is expected to witness entry of new market participants to gratify the domestic demands. In the latter half of the forecast period, manufacturers will be keener towards new product development and establishing strategic collaborations and partnerships with leading technology providers. Europe, being a home for leading automotive technology providers, is expected to be the next big market and maintain its position as innovator for propeller shaft technology. North America is projected to remain as the next major market followed by Europe, and the U.S. is the major contributor to the growth in the region. Latin America automotive propeller shaft market is expected to witness fast growth, as major auto OEMs have shifted their production into growing markets of Latin America.
Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-3497
Global Automotive Propeller Shaft Market: Market Participants
Examples of some of the market participants identified in the global automotive propeller shaft market are:
American Axle & Manufacturing Holdings, Inc.
Dana Holding Corporation
GKN PLC
ZF Friedrichshafen AG
Meritor, Inc.
SHOWA Corporation
Hitachi Automotive Systems America, Inc.
About Us
Future Market Insights is the premier provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India.
U.S. Office
616 Corporate Way, Suite 2-9018,
Valley Cottage, ,
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 Propeller Shaft Market to Represent Significant Revenue Growth here
News-ID: 857131 • Views: …
More Releases from Future Market Insights

AI in IoT Market Set to Reach USD 172.8 Billion by 2035 with 6.4% CAGR Amid Risi …
The AI in IoT market is witnessing rapid expansion as enterprises across industries increasingly integrate artificial intelligence with Internet of Things (IoT) systems. Valued at USD 92.9 billion in 2025, the market is projected to reach USD 172.8 billion by 2035, representing a compound annual growth rate of 6.4%. The integration of AI into IoT infrastructure enables predictive analytics, real-time monitoring, and automated control across multiple applications, transforming how businesses…

Catalog Management System Market Poised to Reach USD 4.2 Billion by 2035 with Ad …
The catalog management system (CMS) market is experiencing steady and strategic growth, with its value projected to rise from USD 1.9 billion in 2025 to USD 4.2 billion by 2035, reflecting a compound annual growth rate (CAGR) of 8.1%. The market expansion is primarily fueled by businesses' growing need for centralized product information, streamlined digital operations, and enhanced customer experiences across increasingly complex sales channels.
As e-commerce continues to penetrate global…

HIFI Electronics Market Set to Double by 2035, Driven by Premium Audio and Techn …
The global HIFI electronics market is poised for remarkable growth over the next decade, projected to expand from USD 17,243.4 million in 2025 to USD 37,227.2 million by 2035. This impressive growth trajectory, representing an absolute increase of nearly USD 19,983.8 million and a compound annual growth rate (CAGR) of 8%, reflects the rising global appetite for premium audio experiences and high-fidelity sound reproduction across personal and professional applications.
The expansion…

Interrogation Table Market to Reach USD 435.7 Million by 2035, Driven by Securit …
The global interrogation table market, valued at USD 321.1 million in 2025, is set to grow steadily to USD 435.7 million by 2035, registering a moderate CAGR of 3.1%. This trajectory reflects a market gradually approaching maturity, where incremental demand for specialized security furniture outweighs rapid expansion. The early stage from 2025 to 2028 is expected to see modest increases in annual revenues, primarily linked to new infrastructure development across…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…