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.
Increase in New Product Development related to Automotive Drive Shafts
Increased Number of Sales of New Vehicles and Increasing Disposable Income among Population Worldwide
Growth in Automotive Industry Worldwide and Rising Demand of Heavy Commercial Vehicles
The Vendors Covered in the Study are:
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), Showa (Japan), SDS (China), Yuandong (China), Wanxiang (China), Lingyun (China), Hengli (China), Danchuan (China), Fawer (China) and Golden (China)