Global Propeller Shafts Market Growth 2025-2031

The global Propeller Shafts market size is predicted to grow from US$ 8046 million in 2025 to US$ 10830 million in 2031; it is expected to grow at a CAGR of 5.1% from 2025 to 2031.

A propeller shaft is a device on which a propeller is attached to and transfers the power from the engine to the propeller.

The key players operating intoGlobal Propeller Shafts Market are GKN, NTN, Huayu Automotive, Dana, IFA Rotorion, AAM, Wanxiang, Meritor, Nexteer, JTEKT, Hyundai-Wia, Showa, YODON, Neapco, GSP, Dongfeng, and etc. Top 5 manufacturers took 51.26% market share in 2019.

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

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

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

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

Segmentation by Type:
Single Piece Shaft
Multi Piece 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
Huayu Automotive
Dana
IFA Rotorion
AAM
Wanxiang
Meritor
Nexteer
JTEKT
Hyundai-Wia
Showa
YODON
Neapco
GSP
Dongfeng

Key Questions Addressed in this Report

What is the 10-year outlook for the global Propeller Shafts market?

What factors are driving Propeller Shafts market growth, globally and by region?

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

How do Propeller Shafts market opportunities vary by end market size?

How does Propeller Shafts break out by Type, by Application?

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