Global Automotive Constant Velocity Joint Market Growth 2025-2031

Global Automotive Constant Velocity Joint Market Growth 2025-2031

The global Automotive Constant Velocity Joint market size is predicted to grow from US$ 4918 million in 2025 to US$ 5462 million in 2031; it is expected to grow at a CAGR of 1.8% from 2025 to 2031.

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).

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.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Constant Velocity Joint Industry Forecast” looks at past sales and reviews total world Automotive Constant Velocity Joint sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Constant Velocity Joint sales for 2025 through 2031. 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.

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.

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 analysing 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 by Type, by Application?