Automotive Drive Shaft Market Study Report has as recently included succinct research of the market to portray profitable experiences identified with huge market patterns driving the business. The Automotive Drive Shaft report highlights examination dependent on key chances and difficulties stood up to by market leaders while featuring their focused setting and corporate systems for the assessed course of events. The Automotive Drive Shaft market report comprises an inherent analysis of this business vertical with regards to significant aspects.
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Global Automotive Drive Shaft Market is expected to rise from its initial estimated value of USD 5.84 billion in 2018 to an estimated value of USD 10.20 billion by 2026, registering a CAGR of 7.23% in the forecast period of 2019-2026. Increase in the heavy commercial vehicle is the major factor for the growth of this market.
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Major Market Competitors/Players: Global Automotive Drive Shaft Market
Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & SWOT analysis:
AAM – American Axle & Manufacturing, Dana Incorporated, Meritor, Nexteer Automotive, The Timken Company, HYUNDAI WIA Machine Tool, NEAPCO, Bailey Morris Ltd, MPP, Wanxiang Qianchao Co., Ltd., Xuchang Yuandong Drive Shaft Co., Ltd., D& F Propshafts, Yamada Industry Co.,Ltd., Melrose Industries PLC., Advanced Composite Products & Technology, Inc.
Market Drivers: Global Automotive Drive Shaft Market
When is enclosed in a tube they requires less maintenance as compared to chain systems.
The drive system is less likely to get jammed.
Market Restraints: Global Automotive Drive Shaft Market
Replacing drive shaft can be very expensive which is restraining the market.
They are heavier in weight.
This report will help you understand:
Market share (regional, product, application, and end-user) both in terms of volume and revenue along with CAGR from 2019 to 2026
Key parameters which are driving market and restraining its growth
Report will help you understand Industry Research, Market Size and Forecast, Market Entry Strategy, Competitive Intelligence, Pricing Analysis, Consumer Insights, Procurement Intelligence, Next-generation Technologies, etc.
Key Developments in the Market: Global Automotive Drive Shaft Market
In September 2017, Dana launched lightweight driveshaft for heavy- duty commercial vehicles- SPL 250 Lite driveshaft. This new product is 25 pounds lighter than other competitive drive shafts and its torque rating is 18,439 lb. The lower numeric axle ratios will support engine downspeeding and will improve fuel efficiency.
In November 2016, Yukon Gear & Axle launched drive shaft for the jeep and off- road vehicle. This driver shaft is made from latest technologies for higher strength and longer life.
Competitive Analysis: Global Automotive Drive Shaft Market
Global automotive drive shaft market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive drive shaft market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.
Table of Contents: Global Automotive Drive Shaft Market
- 1. Executive Summary
- 2. Scope/opportunities of the Report
- 3. Research Methodology
- 4. Market Landscape
- Market ecosystem
- Market characteristics
- Market segmentation analysis
- 5. Pipeline Analysis
- Pipeline analysis
- 6. Market Sizing
- Market definition
- Market sizing
- Market size and forecast
- 7. Porter’s Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
- 8. Market Segmentation
- Market opportunity
- 9. Customer Landscape
- 10. Regional Landscape
- Geographical segmentation
- Regional comparison
- North America
- South America
- Market opportunity
- 11. Business Decision Framework
- 12. Drivers And Challenges
- Market challenges
- Market drivers
- 13. Market Key Trends
- 14. Players Landscape
- Landscape disruption
- 15. Players Analysis
- Players covered
- Players classification
- Market positioning of Players
- 16. Appendix
- List of abbreviations
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Market Segmentation: Global Automotive Drive Shaft Market
USA (North America,US,Canada,Mexico,South America,Brazil,Argentina,Rest of South America)
Europe (Germany,France,United Kingdom,Italy,Spain,Russia,Turkey,Belgium,Netherlands,Switzerland,Rest of Europe)
Asia-Pacific (Japan, China, South Korea, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, Rest of Asia-Pacific)
Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa)
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