Automotive Drive Shaft Market Scope
Drive Shaft is, also called as driving shaft, propeller shaft or Cardan shaft. It is a mechanical component used to connect with other components of a drive train, which is not possible to connect directly. The growing concern for fuel efficiency motivates the manufacturers to develop lightweight drive shafts without impacting on their performance and rigidness.
The market study is being classified by Type (Rigid Drive Shaft and Hollow Drive Shafts), by Application (Passenger Vehicle and Commercial Vehicle) and major geographies with country level break-up.
Research Analyst at AMA predicts that Chines,United States Vendors will contribute to the maximum growth of Global Automotive Drive Shaft market throughout the predicted period.
GKN (United Kingdom), NTN (Japan), Dana (United States), Nexteer (United States), Hyundai-Wia (South Koria), IFA Rotorion (Germany), AAM (United States), JTEKT (Japan), Neapco (United States), Meritor (United States) and Showa (Japan) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are SDS (China), Yuandong (China), Wanxiang (China), Lingyun (China), Hengli (China), Danchuan (China), Fawer (China) and Golden (China).
AdvanceMarketAnalytics has segmented the market of Global Automotive Drive Shaft market by Type, Application and Region.
On the basis of geography, the market of Automotive Drive Shaft has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
- Increase in New Product Development related to Automotive Drive Shafts
- Increased Number of Sales of New Vehicles
- Increasing Disposable Income among Population Worldwide
- Growth in Automotive Industry Worldwide
- Rising Demand of Heavy Commercial Vehicles
- Fluctuation in the Prices of Raw Materials
- Availability of Electric Vehicle
Key Target AudienceManufacturers of Automotive Drive Shaft, Automotive OEMs, Distributors, and Suppliers, Industry Associations and Experts, Research Organizations and Consulting Companies. and Others
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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