Automotive Drive Shaft Market, By Drive Type (Rear-Wheel Drive, All-Wheel Drive, and Front-Wheel Drive), By Vehicle Type (Passenger Cars, and Commercial Vehicles), By Sales Channel (OEM (Original Equipment Manufacturers), and Aftermarket), By Geography (N

Automotive Drive Shaft Market, By Drive Type (Rear-Wheel Drive, All-Wheel Drive, and Front-Wheel Drive), By Vehicle Type (Passenger Cars, and Commercial Vehicles), By Sales Channel (OEM (Original Equipment Manufacturers), and Aftermarket), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)


The global automotive drive shaft market has been witnessing significant growth in recent years. A drive shaft, also known as a driving shaft or propeller shaft, is a mechanical component for transmitting rotational power in an automobile. It is a rotating shaft that delivers power from an engine or transmission to the other end, which is usually the wheels. The drive shaft may also rotates at different speeds than the engine crankshaft due to the different gear ratios in the transmission.

Market Dynamics:

The global automotive drive shaft market is primarily driven by rising vehicle production across the world. Growing demand for premium and luxury vehicles equipped with advanced drivetrains is also fueling the market growth. However, increasing adoption of electric vehicles that do not require conventional drive shafts is expected to restrain the market growth to some extent. Meanwhile, ongoing R&D towards developing lightweight and efficient drive shafts using advanced materials like carbon fiber presents an opportunity for market players.

Key Features of the Study:
  • This report provides in-depth analysis of the global automotive drive shaft market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 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 American Axle & Manufacturing, Inc., BorgWarner Inc., GKN Automotive, JTEKT Corporation, Magna International Inc., NTN Corporation, Rheinmetall Automotive AG, Schaeffler AG, SeAH Changwon Integrated Steel, SKF Group, Stellantis, The Timken Company, Tower International, Inc., Trelleborg AB, and ZF Friedrichshafen AG
  • 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:
  • By Drive Type
  • Rear-Wheel Drive
  • All-Wheel Drive
  • Front-Wheel Drive
  • By Vehicle Type
  • Passenger Cars
  • Commercial Vehicles
  • By Sales Channel
  • OEM (Original Equipment Manufacturers)
  • Aftermarket
  • By Region:
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East
  • Africa
  • Key Players Insights
  • American Axle & Manufacturing, Inc.
  • BorgWarner Inc.
  • GKN Automotive
  • JTEKT Corporation
  • Magna International Inc.
  • NTN Corporation
  • Rheinmetall Automotive AG
  • Schaeffler AG
  • SeAH Changwon Integrated Steel
  • SKF Group
  • Stellantis
  • The Timken Company
  • Tower International, Inc.
  • Trelleborg AB
  • ZF Friedrichshafen AG


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By Region
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New System Launches/Approvals
Impact of COVID-19 Pandemic
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Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
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Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
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Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Control Systems
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
5. Global Smart Lighting Market, By Technology, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
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Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Fluorescent
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Incandescent
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
6. Global Smart Lighting Market, By Application, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
Segment Trends
Residential
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Commercial
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Industrial
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
Outdoor
Introduction
Market Size and Forecast, 2019–2031, (US$ Bn)
7. Global Smart Lighting Market, By Region, 2019-2031, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2024 and 2031 (%)
Y-o-Y Growth Analysis, 2020-2031
North America
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Product Type, 2019–2031, (US$ Bn)
Market Size and Forecast, By Technology, 2019–2031, (US$ Bn)
Market Size and Forecast, By Application, 2019–2031, (US$ Bn)
Market Size and Forecast, By Country, 2019–2031, (US$ Bn)
South Africa
Israel
GCC Countries
Rest of the Middle East &Africa
8. Competitive Landscape
Company Profiles
Acuity Brands
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Airthings
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Crestron Electronics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Eaton Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
General Electric (GE)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honeywell International
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Legrand
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Lutron Electronics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Osram Licht AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Philips Lighting (Signify)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Samsung Electronics
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Schneider Electric
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Siemens AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Syska LED
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Toshiba Corporation
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
10. Research Methodology
References
Research Methodology
About us and Sales Contact
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