Automotive Drive Shaft Market
Description
The global automotive drive shaft market has been witnessing significant growth in recent years. A drive shaft, also known as a driving shaft or propeller shaft, is a mechanical component for transmitting rotational power in an automobile. It is a rotating shaft that delivers power from an engine or transmission to the other end, which is usually the wheels. The drive shaft may also rotates at different speeds than the engine crankshaft due to the different gear ratios in the transmission.
Market Dynamics
The global automotive drive shaft market is primarily driven by rising vehicle production across the world. Growing demand for premium and luxury vehicles equipped with advanced drivetrains is also fueling the market growth. However, increasing adoption of electric vehicles that do not require conventional drive shafts is expected to restrain the market growth to some extent. Meanwhile, ongoing R&D towards developing lightweight and efficient drive shafts using advanced materials like carbon fiber presents an opportunity for market players.
Key Features of the Study
Market Dynamics
The global automotive drive shaft market is primarily driven by rising vehicle production across the world. Growing demand for premium and luxury vehicles equipped with advanced drivetrains is also fueling the market growth. However, increasing adoption of electric vehicles that do not require conventional drive shafts is expected to restrain the market growth to some extent. Meanwhile, ongoing R&D towards developing lightweight and efficient drive shafts using advanced materials like carbon fiber presents an opportunity for market players.
Key Features of the Study
- This report provides in-depth analysis of the global automotive drive shaft market, and provides market size (USD Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 as the base year.
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.
- It profiles key players in the global automotive drive shaft market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies.
- Key companies covered as a part of this study include American Axle & Manufacturing, Inc., BorgWarner Inc., GKN Automotive, JTEKT Corporation, Magna International Inc., NTN Corporation, Rheinmetall Automotive AG, Schaeffler AG, SeAH Changwon Integrated Steel, SKF Group, Stellantis, The Timken Company, Tower International, Inc., Trelleborg AB, and ZF Friedrichshafen AG.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics.
- The global automotive drive shaft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive drive shaft market.
- By Drive Type
- Rear-Wheel Drive
- All-Wheel Drive
- Front-Wheel Drive
- By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- By Sales Channel
- OEM (Original Equipment Manufacturers)
- Aftermarket
- By Region
- North America
- U.S.
- Canada
- Latin America
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC Countries
- Israel
- Rest of Middle East
- Africa
- South Africa
- North Africa
- Central Africa
- Key Players Insights
- American Axle & Manufacturing, Inc.
- BorgWarner Inc.
- GKN Automotive
- JTEKT Corporation
- Magna International Inc.
- NTN Corporation
- Rheinmetall Automotive AG
- Schaeffler AG
- SeAH Changwon Integrated Steel
- SKF Group
- Stellantis
- The Timken Company
- Tower International, Inc.
- Trelleborg AB
- ZF Friedrichshafen AG
Table of Contents
170 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Drive Type
- Market Snippet, By Vehicle Type
- Market Snippet, By Sales Channel
- Market Snippet, By Region
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New System Launches/Approvals
- Impact of COVID-19 Pandemic
- 4. Global Automotive Drive Shaft Market, By Drive Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- Rear-Wheel Drive
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- All-Wheel Drive
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- Front-Wheel Drive
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- 5. Global Automotive Drive Shaft Market, By Vehicle Type, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- Passenger Cars
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- Commercial Vehicles
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- 6. Global Automotive Drive Shaft Market, By Sales Channel, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- Segment Trends
- OEM (Original Equipment Manufacturers)
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- Aftermarket
- Introduction
- Market Size and Forecast, 2020–2032, (USD Bn)
- 7. Global Automotive Drive Shaft Market, By Region, 2020-2032, (USD Bn)
- Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2021-2032
- North America
- Regional Trends
- Market Size and Forecast, By Drive Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2020–2032, (USD Bn)
- Market Size and Forecast, By Country, 2020–2032, (USD Bn)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Drive Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2020–2032, (USD Bn)
- Market Size and Forecast, By Country, 2020–2032, (USD Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Drive Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2020–2032, (USD Bn)
- Market Size and Forecast, By Country, 2020–2032, (USD Bn)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Drive Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2020–2032, (USD Bn)
- Market Size and Forecast, By Country, 2020–2032, (USD Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Drive Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Vehicle Type, 2020–2032, (USD Bn)
- Market Size and Forecast, By Sales Channel, 2020–2032, (USD Bn)
- Market Size and Forecast, By Country, 2020–2032, (USD Bn)
- South Africa
- Israel
- GCC Countries
- Rest of the Middle East &Africa
- 8. Competitive Landscape
- Company Profiles
- American Axle & Manufacturing, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- BorgWarner Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- GKN Automotive
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- JTEKT Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Magna International Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- NTN Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Rheinmetall Automotive AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Schaeffler AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SeAH Changwon Integrated Steel
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- SKF Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Stellantis
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- The Timken Company
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Tower International, Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- Trelleborg AB
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- ZF Friedrichshafen AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/Updates
- 9. Analyst Recommendations
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
- 10. Research Methodology
- References
- Research Methodology
- About us and Sales Contact
Pricing
Currency Rates
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