Global Drive Shaft (Driveshaft) Market Growth 2025-2031

Global Drive Shaft (Driveshaft) Market Growth 2025-2031

The global Drive Shaft (Driveshaft) market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The drive shaft (also called propeller shaft or prop shaft) is a component of the drive train in a vehicle, with the purpose of delivering torque from the transmission to the differential, which then transmits this torque to the wheels in order to move the vehicle.[2] The drive shaft is primarily used to transfer torque between components that are separated by a distance, since different components must be in different locations in the vehicle. A front-engine rear-wheel drive car must have a long drive shaft connecting the rear axle to the transmission since these parts are on opposite sides of the car.

Drive shafts are used differently in different vehicles, varying greatly in cars with distinct configurations for front-wheel drive, four-wheel drive, and the previously mentioned front-engine rear-wheel drive. Other vehicles also use drive shafts, like motorcycles, locomotives, and marine vessels. Below is the drive shaft configuration for a common front-engine rear-wheel drive vehicle (some cars have the transmission at the back).

LP Information, Inc. (LPI) ' newest research report, the “Drive Shaft (Driveshaft) Industry Forecast” looks at past sales and reviews total world Drive Shaft (Driveshaft) sales in 2024, providing a comprehensive analysis by region and market sector of projected Drive Shaft (Driveshaft) sales for 2025 through 2031. With Drive Shaft (Driveshaft) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Drive Shaft (Driveshaft) industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Drive Shaft (Driveshaft) 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 Drive Shaft (Driveshaft).

This report presents a comprehensive overview, market shares, and growth opportunities of Drive Shaft (Driveshaft) market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Half Shaft
Propeller Shaft

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
JTEKT
SDS
Dana
Nexteer
IFA Rotorion
AAM
Wanxiang Qianchao
Neapco
Hyundai-Wia
Yuandong Transmission Shaft
Showa
Fawer Automotive Parts
GSP Automotive Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Drive Shaft (Driveshaft) market?

What factors are driving Drive Shaft (Driveshaft) market growth, globally and by region?

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

How do Drive Shaft (Driveshaft) market opportunities vary by end market size?

How does Drive Shaft (Driveshaft) break out by Type, by Application?

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