Global Automotive Constant Velocity Joint Market Growth 2023-2029

Global Automotive Constant Velocity Joint Market Growth 2023-2029

Constant-velocity joints (CV joints) allow a drive shaft to transmit power through a variable angle, at constant rotational speed, without an appreciable increase in friction or play. They are mainly used in front wheel drive vehicles, and many modern rear wheel drive cars with independent rear suspension typically use CV joints at the ends of the rear axle half shafts and increasingly use them on the prop shafts (drive shafts).
LPI (LP Information)' newest research report, the “Automotive Constant Velocity Joint Industry Forecast” looks at past sales and reviews total world Automotive Constant Velocity Joint sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Constant Velocity Joint sales for 2023 through 2029. With Automotive Constant Velocity Joint sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Constant Velocity Joint industry.
This Insight Report provides a comprehensive analysis of the global Automotive Constant Velocity Joint landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Constant Velocity Joint portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Constant Velocity Joint market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Constant Velocity Joint and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Constant Velocity Joint.
The global Automotive Constant Velocity Joint market size is projected to grow from US$ 4756.4 million in 2022 to US$ 5375.6 million in 2029; it is expected to grow at a CAGR of 5375.6 from 2023 to 2029.
The major companies in this industry are GKN, NTN and SDS, etc., accounting for 26.52%, 21.93% and 13.69% of their revenue respectively in 2019. China has the highest share of income by region, at more than 29 percent.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Constant Velocity Joint market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Outboard Joints
Inboard Joints
Segmentation by application
Passenger Vehicle
Commercial Vehicle
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
GKN
NTN
SDS
Nexteer
Wanxiang
Hyundai WIA
Neapco
Guansheng
SKF
Seohan Group
IFA Rotorion
JTEKT
Xiangyang Automobile Bearing
AAM
Heri Automotive
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Constant Velocity Joint market?
What factors are driving Automotive Constant Velocity Joint market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Constant Velocity Joint market opportunities vary by end market size?
How does Automotive Constant Velocity Joint break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.