Global Drive Shaft (Driveshaft) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Drive Shaft (Driveshaft) Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Drive Shaft (Driveshaft) market size was valued at USD million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of % during review period.

The drive shaft (also called propeller shaft or prop shaft) is a component of the drive train in a vehicle, with the purpose of delivering torque from the transmission to the differential, which then transmits this torque to the wheels in order to move the vehicle.[2] The drive shaft is primarily used to transfer torque between components that are separated by a distance, since different components must be in different locations in the vehicle. A front-engine rear-wheel drive car must have a long drive shaft connecting the rear axle to the transmission since these parts are on opposite sides of the car.

Drive shafts are used differently in different vehicles, varying greatly in cars with distinct configurations for front-wheel drive, four-wheel drive, and the previously mentioned front-engine rear-wheel drive. Other vehicles also use drive shafts, like motorcycles, locomotives, and marine vessels. Below is the drive shaft configuration for a common front-engine rear-wheel drive vehicle (some cars have the transmission at the back).

The Global Info Research report includes an overview of the development of the Drive Shaft (Driveshaft) industry chain, the market status of Passenger Vehicle (Half Shaft, Propeller Shaft), Commercial Vehicle (Half Shaft, Propeller Shaft), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Drive Shaft (Driveshaft).

Regionally, the report analyzes the Drive Shaft (Driveshaft) markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Drive Shaft (Driveshaft) market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Drive Shaft (Driveshaft) market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Drive Shaft (Driveshaft) industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (M Units), revenue generated, and market share of different by Type (e.g., Half Shaft, Propeller Shaft).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Drive Shaft (Driveshaft) market.

Regional Analysis: The report involves examining the Drive Shaft (Driveshaft) market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Drive Shaft (Driveshaft) market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Drive Shaft (Driveshaft):

Company Analysis: Report covers individual Drive Shaft (Driveshaft) manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Drive Shaft (Driveshaft) This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicle, Commercial Vehicle).

Technology Analysis: Report covers specific technologies relevant to Drive Shaft (Driveshaft). It assesses the current state, advancements, and potential future developments in Drive Shaft (Driveshaft) areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Drive Shaft (Driveshaft) market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Drive Shaft (Driveshaft) market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Half Shaft
Propeller Shaft

Market segment by Application
Passenger Vehicle
Commercial Vehicle

Major players covered
GKN
NTN
JTEKT
SDS
Dana
Nexteer
IFA Rotorion
AAM
Wanxiang Qianchao
Neapco
Hyundai-Wia
Yuandong Transmission Shaft
Showa
Fawer Automotive Parts
GSP Automotive Group

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Drive Shaft (Driveshaft) product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Drive Shaft (Driveshaft), with price, sales, revenue and global market share of Drive Shaft (Driveshaft) from 2019 to 2024.

Chapter 3, the Drive Shaft (Driveshaft) competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Drive Shaft (Driveshaft) breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Drive Shaft (Driveshaft) market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Drive Shaft (Driveshaft).

Chapter 14 and 15, to describe Drive Shaft (Driveshaft) sales channel, distributors, customers, research findings and conclusion.