Global Commercial Vehicle Drive Shaft Assembly Market Growth 2024-2030
The Commercial Vehicle Propeller Shaft Assembly is a key component in the drivetrain of commercial vehicles, responsible for transmitting power from the engine or transmission to the drive wheels or other power output devices. This assembly typically consists of multiple parts, including the drive shaft, universal joints, sliding splines, and center bearings.
The global Commercial Vehicle Drive Shaft Assembly 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 “Commercial Vehicle Drive Shaft Assembly Industry Forecast” looks at past sales and reviews total world Commercial Vehicle Drive Shaft Assembly sales in 2023, providing a comprehensive analysis by region and market sector of projected Commercial Vehicle Drive Shaft Assembly sales for 2024 through 2030. With Commercial Vehicle Drive Shaft Assembly sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Commercial Vehicle Drive Shaft Assembly industry.
This Insight Report provides a comprehensive analysis of the global Commercial Vehicle Drive Shaft Assembly 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 Commercial Vehicle Drive Shaft Assembly portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Commercial Vehicle Drive Shaft Assembly market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Commercial Vehicle Drive Shaft Assembly 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 Commercial Vehicle Drive Shaft Assembly.
United States market for Commercial Vehicle Drive Shaft Assembly is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Commercial Vehicle Drive Shaft Assembly is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Commercial Vehicle Drive Shaft Assembly is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Commercial Vehicle Drive Shaft Assembly players cover Dana Incorporated, GKN, Nexteer, Neapco, JTEKT, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Commercial Vehicle Drive Shaft Assembly market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Single-piece Drive Shaft
Two-piece Drive Shaft
Multi-piece Drive Shaft
Segmentation by Application:
Light Vehicles
Medium and Heavy 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.
Dana Incorporated
GKN
Nexteer
Neapco
JTEKT
Wanxiang Group
ZF Friedrichshafen AG
Meritor
GSP Automotive Group
Xuchang Yuandong Drive Shaft
Key Questions Addressed in this Report
What is the 10-year outlook for the global Commercial Vehicle Drive Shaft Assembly market?
What factors are driving Commercial Vehicle Drive Shaft Assembly market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Commercial Vehicle Drive Shaft Assembly market opportunities vary by end market size?
How does Commercial Vehicle Drive Shaft Assembly break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.