Report overview
Automotive drive shaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4-wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
This report aims to provide a comprehensive presentation of the global market for Automotive Drive Shaft, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Drive Shaft. This report contains market size and forecasts of Automotive Drive Shaft in global, including the following market information:
Global Automotive Drive Shaft Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Drive Shaft Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Automotive Drive Shaft companies in 2022 (%)
The global Automotive Drive Shaft market was valued at US$ 8182.4 million in 2022 and is projected to reach US$ 10710 million by 2029, at a CAGR of 3.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Drive Shaft key players include SDS, Wanxiang Qianchao, NTN, Yuandong Transmission Shaft, GSP Automotive Group, etc. Global top five manufacturers hold a share about 60%. China is the largest market, with a share about 30%, followed by Europe, with a share about 25 percent. In terms of product, Half Shaft is the largest segment, with a share about 75%. And in terms of application, the largest application is Passenger Vehicle, followed by Commercial Vehicle.
We surveyed the Automotive Drive Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Drive Shaft Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Drive Shaft Market Segment Percentages, by Type, 2022 (%)
Half Shaft
Propeller Shaft
Global Automotive Drive Shaft Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Drive Shaft Market Segment Percentages, by Application, 2022 (%)
Passenger Vehicle
Commercial Vehicle
Global Automotive Drive Shaft Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Automotive Drive Shaft Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Drive Shaft revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Drive Shaft revenues share in global market, 2022 (%)
Key companies Automotive Drive Shaft sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Automotive Drive Shaft sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
GKN
NTN
JTEKT
SDS
Dana
Nexteer
IFA Rotorion
AAM
Wanxiang Qianchao
Neapco
Hyundai-Wia
Yuandong Transmission Shaft
Showa
Fawer Automotive Parts
GSP Automotive Group
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Drive Shaft, market overview.
Chapter 2: Global Automotive Drive Shaft market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Drive Shaft manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Automotive Drive Shaft in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Automotive Drive Shaft capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
