Automotive Drive Shaft Market, By Design Type (Hollow Shaft, Solid Shaft), By Position Type (Rear Axle, Front Axle), By Vehicle Type (Passenger Car, Commercial Vehicles) and By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and

Automotive Drive Shaft Market, By Design Type (Hollow Shaft, Solid Shaft), By Position Type (Rear Axle, Front Axle), By Vehicle Type (Passenger Car, Commercial Vehicles) and By Geography (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030

The drive shaft is a basic piece of the vehicle driveline and is responsible for transmitting the power from the engine to the wheels. Drive shafts are made up of many different parts and are designed to adapt to changing loads. These changes in load occur as a vehicle accelerates and decelerates, causing the drive shaft to experience heavy loads.

The drive shaft is responsible for transferring torque from the engine to the wheels and reduces the vehicle's overall weight. The shaft should be balanced so that the torque generated by the engine is transferred to the wheels in a smooth and efficient manner. Different types of vehicles use different types of drive trains, however, all vehicles require a drive shaft to rotate. Automotive drive shafts can be three pieces or two pieces. Three-piece designs prevent damage to the drive shaft at high speeds.

Market Dynamics:

The growth of the automotive drive shaft market is primarily driven by the increasing demand for environment-friendly vehicles and the expansion of the auto industry. Rising demand for lightweight drive shafts in light-duty vehicles is expected to drive the market growth. Furthermore, stringent discharge control standards are expected to create new opportunities in the market. Increasing sales of electric vehicles is another factor contributing to the growth of the automotive drive shaft market.

However, the emergence of composite drive shafts, fluctuating prices of raw materials, and COVID-19 impact on the market are the factors expected to hamper the growth of this market.

Key features of the study:

  • This report provides in-depth analysis of the global automotive drive shaft market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global automotive drive shaft market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Wanxiang Qianchao Co. Ltd., GKN PLC (Melrose Industries PLC), American Axle Manufacturing Holdings Inc., JTEKT Corporation, Yamada Manufacturing Co. Ltd., NTN Corporation, Dana Holding Corporation, Showa Corporation, Hyundai Wia Corporation, and Nexteer Automotive Group Ltd.
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • The global automotive drive shaft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive drive shaft market
Detailed Segmentation:
  • Global Automotive Drive Shaft Market, By Design Type
  • Hollow Shaft
  • Solid Shaft
  • Global Automotive Drive Shaft Market, By Position Type
  • Rear Axle
  • Front Axle
  • Global Automotive Drive Shaft Market, By Vehicle Type
  • Passenger Car
  • Commercial Vehicles
  • Global Automotive Drive Shaft Market, By Geography
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
  • Company Profiles
  • GKN PLC (Melrose Industries PLC)
  • JTEKT Corporation
  • Dana Holding Corporation
  • Hyundai Wia Corporation
  • Nexteer Automotive Group Ltd
  • Showa Corporation
  • Yamada Manufacturing Co. Ltd
  • American Axle Manufacturing Holdings Inc.
  • Wanxiang Qianchao Co. Ltd
  • NTN Corporation


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snapshot, By Design Type
Market Snapshot, By Position Type
Market Snapshot, By Vehicle Type
Market Snapshot, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Rise in demand for electric vehicles
Increasing government initiatives towards use of EVs
Restraints
Unfavorable conditions arising due to the Covid-19 pandemic
Fluctuating prices of raw materials
Opportunities
Rise in number of vehicles in operation/use
Impact Analysis
Key Highlights
Regulatory Scenario
Product launch/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Automotive Drive Shaft Market – Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Automotive Drive Shaft Market , By Design Type, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Hollow Shaft
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
Solid Shaft
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Mn)
6. Global Automotive Drive Shaft Market , By Position Type, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Rear Axle
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Front Axle
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
7. Global Automotive Drive Shaft Market , By Vehicle Type, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, 2022 and 2030 (%)
Y-o-Y Growth Analysis, 2017 – 2030
Segment Trends
Passenger Car
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
Commercial Vehicles
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Million)
8. Global Automotive Drive Shaft Market , By Region, 2017-2030, (US$ Mn)
Introduction
Market Share Analysis, By Country, 2022 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2017–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
Rest of World
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017-2030,(US$ Mn)
Market Size and Forecast, and Y-o-Y Growth, By End User, 2017-2030,(US$ Mn)
9. Competitive Landscape:
GKN PLC (Melrose Industries PLC)
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
JTEKT Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Dana Holding Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Hyundai Wia Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Nexteer Automotive Group Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Showa Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Yamada Manufacturing Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
American Axle Manufacturing Holdings Inc.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Wanxiang Qianchao Co. Ltd.
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
NTN Corporation
Company Highlights
Product Portfolio
Key Highlights
Financial Performance
Strategies
Analyst Views
10. Section
Research Methodology
About us
*Browse 24 market data tables and 28 figures on “Automotive Drive Shaft Market” - Global forecast to 2030

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