Global Automotive Intermediate Shaft Market Growth 2023-2029

Global Automotive Intermediate Shaft Market Growth 2023-2029

The global Automotive Intermediate Shaft market size is projected to grow from US$ 1221.8 million in 2022 to US$ 1222.7 million in 2029; it is expected to grow at a CAGR of 0.0% from 2023 to 2029.

The key manufacturers of Automotive Intermediate Shaft include JTEKT, ThyssenKrupp, NSK, Global Steering Systems, Nexteer, etc. The top five players account for about 52% of the market in total.

The Asia-Pacific region is the world's largest market, accounting for about 52%, and it is expected to expand further.

According to different materials, automotive intermediate shaft can be divided into steel shaft and aluminum shaft. In recent years, the market share of aluminum shaft has increased slowly.

The downstream industry mainly includes passenger car and commercial car. It is more widely used in passenger cars, about 75%.

Automotive Intermediate Shaft is a component that connects the transmission to the engine in a front-wheel-drive vehicle, transferring power from the engine and directing it to the transmission. It's a metal shaft that rotates and transmits torque, allowing the transmission to turn the drive wheels. The intermediate shaft is often located above the oil pan and below the engine to help reduce the load and torque placed on the transmission. It's an essential component that helps vehicles function properly and run smoothly.

LPI (LP Information)' newest research report, the “Automotive Intermediate Shaft Industry Forecast” looks at past sales and reviews total world Automotive Intermediate Shaft sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Intermediate Shaft sales for 2023 through 2029. With Automotive Intermediate Shaft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Intermediate Shaft industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Intermediate Shaft and breaks down the forecast by materials, 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 Intermediate Shaft.

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

Market Segmentation:

Segmentation by materials
Steel Shaft
Aluminum Shaft

Segmentation by application
Passenger Car
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 analyzing the company's coverage, product portfolio, its market penetration.
JTEKT
ThyssenKrupp
NSK
Global Steering Systems
Nexteer
Mando
Bosch
Henglong
Namyang
THK
YUBEI CSA
Schaeffler
Yamada Somboon
Mizushima Press Kogyo

Key Questions Addressed in this Report

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

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

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

How do Automotive Intermediate Shaft market opportunities vary by end market size?

How does Automotive Intermediate Shaft break out materials, 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.