Global Automotive Driveshafts Market Growth 2024-2030

Global Automotive Driveshafts Market Growth 2024-2030

Automotive Driveshaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 6-wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.

The global Automotive Driveshafts market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Automotive Driveshafts Industry Forecast” looks at past sales and reviews total world Automotive Driveshafts sales in 2023, providing a comprehensive analysis by region and market sector of projected Automotive Driveshafts sales for 2024 through 2030. With Automotive Driveshafts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Driveshafts industry.

This Insight Report provides a comprehensive analysis of the global Automotive Driveshafts 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 Driveshafts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Driveshafts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Driveshafts 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 Driveshafts.

Automotive Driveshafts are typically made of high-strength steel or aluminum alloys. These materials are chosen for their durability and ability to handle the stresses of transmitting power.

Drive shafts must be carefully balanced to reduce vibrations and prevent excessive wear on other drivetrain components. Imbalanced drive shafts can lead to a variety of issues, including driveline vibrations and premature component wear.Regular maintenance is essential to ensure the proper functioning of drive shafts. This includes checking for worn U-joints, inspecting for signs of damage or corrosion, and ensuring that the shaft is properly lubricated.



This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Driveshafts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Flexible Drive-Shaft
Torque Tube Drive-Shaft
Hotchkiss Drive-Shaft

Segmentation by Application:
Passenger Vehicles
Commercial Vehicles

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.
NTN
Dana Holding Corporation
Nexteer
Hyundai-Wia
Yamada Manufacturing
American Axle Manufacturing
JTEKT
Neapco
Meritor
Showa
SDS
Yuandong
Wanxiang
Guansheng
Lingyun
Hengli
Danchuan
IFA Rotorion

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Driveshafts market?

What factors are driving Automotive Driveshafts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Driveshafts market opportunities vary by end market size?

How does Automotive Driveshafts break out by Type, by Application?



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