Car drive shaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4-wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
This report contains market size and forecasts of Car Drive Shaft in global, including the following market information:
Global Car Drive Shaft Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Car Drive Shaft Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Car Drive Shaft companies in 2021 (%)
The global Car Drive Shaft market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Half Shaft Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Car Drive Shaft include GKN, NTN, JTEKT, SDS, Dana, Nexteer, IFA Rotorion, AAM and Wanxiang Qianchao, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Car Drive Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Car Drive Shaft Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Drive Shaft Market Segment Percentages, by Type, 2021 (%)
Half Shaft
Propeller Shaft
Global Car Drive Shaft Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Drive Shaft Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Commercial Vehicle
Global Car Drive Shaft Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Drive Shaft Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Car Drive Shaft revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Car Drive Shaft revenues share in global market, 2021 (%)
Key companies Car Drive Shaft sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Car Drive Shaft sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GKN
NTN
JTEKT
SDS
Dana
Nexteer
IFA Rotorion
AAM
Wanxiang Qianchao
Neapco
Hyundai-Wia
Yuandong Transmission Shaft
Showa
Fawer Automotive Parts
GSP Automotive Group