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Global Commercial Vehicle Propeller Shaft Market 2017-2021

Global Commercial Vehicle Propeller Shaft Market 2017-2021

About Commercial Vehicle Propeller Shaft

A commercial vehicle propeller shaft is a type of an axle that is manufactured specifically for commercial vehicles to transfer torque to the rear wheels of a rear-wheel-drive (RWD) commercial vehicle.

Technavio’s analysts forecast the global commercial vehicle propeller shaft market to grow at a CAGR of 6.49% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle propeller shaft market for 2017-2021. To calculate the market size, the report considers the new installations, sales and volume of commercial vehicles propeller shafts.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Commercial Vehicle Propeller Shaft Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GKN
  • American Axle & Manufacturing Holdings
  • ZF Friedrichshafen
Other prominent vendors
  • CARDONE
  • Dorman
  • Powertrain Industries
  • Dana Corporation
Market driver
  • Increasing sales of commercial vehicles in emerging countries
  • For a full, detailed list, view our report
Market challenge
  • Damaging effects of vibrations on propeller shafts
  • For a full, detailed list, view our report
Market trend
  • Propeller shafts made of carbon fiber
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Propeller Shaft Market 2017-2021

Technavio recognizes the following companies as the key players in the global commercial vehicle propeller shaft market: GKN, American Axle & Manufacturing Holdings, and ZF Friedrichshafen.

Other Prominent Vendors in the market are: CARDONE, Dorman, Powertrain Industries, and Dana Corporation.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is propeller shafts made of carbon fiber. Composite fibers are increasingly being used in commercial vehicle, marine, and defense industries instead of the conventional heavyweight components. Carbon fiber is one of the most commonly sought-after materials to manufacture components for highly demanding applications.”

According to the report, one of the major drivers for this market is increasing sales of commercial vehicles in emerging countries. India and China are the main manufacturing hubs in the world. Hence, these countries deal with large amounts of goods that have to be transported to various locations like ports and warehouses. Moreover, the manufacturing process involves the transportation of large amounts of heavy raw materials from place of procurement to place of manufacture. This would require the services of commercial vehicles. The rising global urbanization and construction activities lead to increased consumption rates within urban and semi-urban areas. Hence, the production of goods must be increased to meet the rising demands of the urbanized population.

Further, the report states that one of the major factors hindering the growth of this market is damaging effects of vibrations on propeller shafts. An unbalanced and heavy propeller shaft would cause serious vibrations upon rotations. A heavyweight single-piece propeller shaft can cause a significant amount of sag when rotations reach optimum levels. This can contribute to the increased amount of vibrations within the drivetrain system. The increasing vibration levels decrease the quality and life of the propeller shaft, which can lead to its breakage. This can cause serious injuries.

Companies Mentioned

GKN, American Axle & Manufacturing Holdings, ZF Friedrichshafen, CARDONE, Dorman, Powertrain Industries, and Dana Corporation.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of composite plastics used to manufacture automotive parts
      • Table Diagrammatic representation of the flow of torque to the rear wheels of a RWD commercial vehicle
  • Market landscape
    • Market overview
      • Table Segmentations of the global commercial vehicle propeller shaft market
    • Market size and forecast
      • Table Global commercial vehicle propeller shaft market 2016-2021 (millions of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Table Global commercial vehicle propeller shaft market segmentation by application
    • Table Factors driving the global commercial vehicle propeller shaft market
    • Table Global commercial vehicle propeller shaft market segmentation by application 2016-2021 (millions of units)
    • Table Global commercial vehicle propeller shaft market segmentation by application 2016- 2021 (% share)
    • Global commercial vehicle propeller shaft market in the LCV segment
      • Table Global commercial vehicle propeller shaft market in the LCV segment (millions of units)
    • Global commercial vehicle propeller shaft market in the M&HCV segment
      • Table Global commercial vehicle propeller shaft market in the M&HCV segment (millions of units)
  • Geographical segmentation
    • Global commercial vehicle propeller shaft market by geography
      • Table Global commercial vehicle propeller shaft market segmented by geography (% share)
      • Table Global commercial vehicle propeller shaft market by geography 2016-2021 (millions of units)
      • Table Global commercial vehicle propeller shaft market by geography 2016-2021 (% share)
    • Commercial vehicle propeller shaft market in APAC
      • Table Market share of heavy-duty truck manufacturers in China 2016 (% share of revenue)
      • Table Commercial vehicle propeller shaft market in APAC 2016-2021 (millions of units)
    • Commercial vehicle propeller shaft market in Americas
      • Table Commercial vehicle propeller shaft market in the Americas 2016-2021 (millions of units)
    • Commercial vehicle propeller shaft market in EMEA
      • Table Commercial vehicle propeller shaft market in EMEA 2016-2021 (millions of units)
  • Key leading countries
    • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Types of propeller shaft vibrations
      • Table Major factors affecting the sales of commercial vehicles
      • Table Impact of drivers and challenges
  • Market trends
    • Table Market trends
    • Table Features of carbon fiber
    • Table Key infrastructure projects in China in 2016-2021 (millions of $)
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • GKN
      • Table GKN: Business segmentation by revenue in 2016 (% share)
      • Table GKN: Product offerings
      • Table GKN: Sales by product group in 2016 (% share)
      • Table GKN: Geographical segmentation by revenue in 2016 (% share)
      • Table GKN: Recent developments
    • American Axle & Manufacturing Holdings
      • Table American Axle & Manufacturing Holdings: Product offerings
      • Table American Axle & Manufacturing Holdings: Geographical segmentation by revenue in 2016 (% share)
      • Table American Axle & Manufacturing Holdings: Recent developments
    • ZF Friedrichshafen
      • Table ZF Friedrichshafen: Business segmentation by revenue in 2016
      • Table ZF Friedrichshafen: Product portfolio
      • Table ZF Friedrichshafen: Recent developments
  • Appendix
    • List of abbreviations
  • Explore Technavio

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