Global Cardan Shaft Market Growth 2025-2031
The global Cardan Shaft market size is predicted to grow from US$ 15580 million in 2025 to US$ 17620 million in 2031; it is expected to grow at a CAGR of 2.1% from 2025 to 2031.
Cardan Shaft, also known as propeller shaft or drive shaft, is a mechanical component used for the transmission of torque and rotation. Cardan Shaft consists of universal joint, shaft yokes and intermediate support, etc. It acts as an intermediate between the driving and the driven shaft that are not aligned on the same axis transferring the running torque smoothly.
Global Cardan Shaft key players include GKN, Dana, IFA Group, Meritor, AAM, etc. Global top five manufacturers hold a share over 35%.
China is the largest market, with a share over 25%, followed by Europe and North America, both have a share over 45%.
In terms of product, Small Series is the largest segment, with a share over 75%. And in terms of application, the largest application is Automotive, followed by Manufacturing, Machinery and Equipment, etc.
LP Information, Inc. (LPI) ' newest research report, the “Cardan Shaft Industry Forecast” looks at past sales and reviews total world Cardan Shaft sales in 2024, providing a comprehensive analysis by region and market sector of projected Cardan Shaft sales for 2025 through 2031. With Cardan Shaft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cardan Shaft industry.
This Insight Report provides a comprehensive analysis of the global Cardan 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 Cardan Shaft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Cardan Shaft market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cardan Shaft 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 Cardan Shaft.
This report presents a comprehensive overview, market shares, and growth opportunities of Cardan Shaft market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Small Series
Medium Series
Heavy Duty Series
Segmentation by Application:
Automotive
Manufacturing
Machinery and Equipment
Others
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
Dana
IFA Group
Meritor
AAM
JTEKT Corporation
Xuchang Yuandong Drive Shaft
Wanxiang Qianchao
Neapco Component
Showa Corporation
GSP Automotive Group Wenzhou Co., Ltd.
Elbe Holding GmbH & Co. KG
Gewes
Taier Heavy Industry
Ameridrive (Altra Industrial Motion Corp.)
WiCHMANN GmbH
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cardan Shaft market?
What factors are driving Cardan Shaft market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cardan Shaft market opportunities vary by end market size?
How does Cardan Shaft break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.