Global Automotive Drive Shaft Market, By Type(Propeller Shaft, And Haft Shaft), By Application (Passenger Vehicle, And Commercial Vehicle.), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032

Global Automotive Drive Shaft Market is expected to grow at a CAGR of roughly 3.56% over the next ten years, and will reach USD 19.94 bn in 2032, from USD 14.56 bn in 2022, according to a new Market.us (Prudour Research) study.

The report on Automotive Drive Shaft Market offers in-depth analysis on market trends, drivers, restraints, opportunities etc. Along with qualitative information, this report include the quantitative analysis of various segments in terms of market share, growth, opportunity analysis, market value, etc. for the forecast years. The global automotive drive shaft market is segmented on the basis of type, application, and geography.

Drive shafts are essential components of automotive engines. They transmit power from the engine to the wheels and allow the vehicle to move. The design, construction, and function of a drive shaft depends on its application.

Automotive Drive Shaft Market Scope:

By type, the market is segmented into Propeller Shaft, and Haft Shaft. By application, the market is divided into Passenger Vehicle, and Commercial Vehicle.

Based on geography, market is analyzed across North America, Europe, Asia-Pacific, Latin America, and Middle East and Africa. Major players profiled in the report include GKN, NTN, Dana, Nexteer, Hyundai-Wia, IFA Rotorion, AAM, JTEKT, Neapco, Meritor, Showa, Seohan, Hitachi, SDS, Yuandong, Wanxiang, Guansheng, Lingyun, Hengli, and Danchuan
.

Key Market Segments

Type

• Propeller Shaft
• Haft Shaft

Application

• Passenger Vehicle
• Commercial Vehicle

Key Market Players included in the report:

• GKN
• NTN
• Dana
• Nexteer
• Hyundai-Wia
• IFA Rotorion
• AAM
• JTEKT
• Neapco
• Meritor
• Showa
• Seohan
• Hitachi
• SDS
• Yuandong
• Wanxiang
• Guansheng
• Lingyun
• Hengli
• Danchuan

Reasons to Get this Report:

In an insight outlook, this research report has dedicated to several quantities of analysis industry research (global industry trends) and Automotive Drive Shaft Market share analysis of high players, along with company profiles, and which collectively include about the fundamental opinions regarding the market landscape; emerging and high-growth sections of Automotive Drive Shaft Market; high-growth regions; and market drivers, restraints, and also market chances.

The analysis covers Automotive Drive Shaft Market and its advancements across different industry verticals as well as regions. It targets estimating the current market size and growth potential of the global Automotive Drive Shaft Market across sections such as also application and representatives.

Additionally, the analysis also has a comprehensive review of the crucial players on the Automotive Drive Shaft Market together side their company profiles, SWOT analysis, latest advancements, and business plans.

The analysis objectives of the report are:

• To equitably share in-depth info regarding the crucial elements impacting the increase of industry (growth capacity, chances, drivers, and industry-specific challenges and risks).
• To know the Automotive Drive Shaft Market by pinpointing its many subsegments.
• To profile the important players and analyze their growth plans.
• To endeavor the amount and value of Automotive Drive Shaft sub-markets, depending on key regions (various vital states).
• To analyze Automotive Drive Shaft Market concerning growth trends, prospects, and also their participation in the entire sector.
• To examine and study the Automotive Drive Shaft Market size (volume & value) from the company, essential regions/countries, products, and application, background information from 2016 to 2022, and also prediction to 2032.
• Primary worldwide Automotive Drive Shaft Market manufacturing companies, to specify, clarify and analyze the product sales amount, value and market share, market rivalry landscape, SWOT analysis and development plans next coming years.
• To examine competitive progress such as expansions, arrangements, new product launches, and acquisitions on the market.

For the Automotive Drive Shaft Market research study, the following years have been considered to estimate the market size: