Global Tubular Shafts Market Growth 2025-2031

The global Tubular Shafts market size is predicted to grow from US$ 1365 million in 2025 to US$ 1904 million in 2031; it is expected to grow at a CAGR of 5.7% from 2025 to 2031.

Tubular shafts generally refer to shafts with a hollow cylindrical structure designed to reduce weight while maintaining the necessary mechanical strength and rigidity. This type of shaft is widely used in various industrial fields, especially in applications where weight and performance need to be optimized, such as automotive, aerospace, construction machinery and other situations where efficient power transmission or load support is required.

Market Concentration and Key Players:

Internationally, tubular shaft market concentration is relatively high, such as Europe and the United States large manufacturers have production, such as Bosch, Walter Henrich, Skamar and Nexteer Automotive, etc., in addition, Japanese and Korean manufacturers can not be underestimated, Mubea, Eraeams and so on are involved; from the domestic point of view, its market concentration is not high, Henan concentric transmission currently occupies a dominant position.

Manufacturing Processes and Market Trends:

The manufacturing process of tubular shafts usually involves a variety of techniques, including drawing, rolling, welding, etc. For products requiring high precision, such as automobile transmission shafts, manufacturers may use precision seamless steel pipes as raw materials, through cold drawing or hot rolling process to form the required shape and size, and ensure that the product has good mechanical properties and surface finish. In addition, with the application of new materials and the development of precision machining technology, modern production processes can produce more lightweight and high-strength tubular shafts to meet various complex power transmission requirements.

The global tubular shaft market is experiencing growth, driven primarily by the automotive industry's increased demand for lightweight materials to improve fuel efficiency and reduce emissions. Especially in the field of electric vehicles, the demand for high-performance transmission components is also rising due to their unique design requirements. At the same time, with the gradual application of advanced materials such as carbon nanotubes, it not only improves the performance of products, but also brings new development opportunities for the industry. In the future, the tubular shaft market will develop in a more environmentally friendly and efficient direction, accompanied by technological innovation and cost reduction trends. These changes augur well for a dynamic and innovative market outlook.

LP Information, Inc. (LPI) ' newest research report, the “Tubular Shafts Industry Forecast” looks at past sales and reviews total world Tubular Shafts sales in 2024, providing a comprehensive analysis by region and market sector of projected Tubular Shafts sales for 2025 through 2031. With Tubular Shafts sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Tubular Shafts industry.

This Insight Report provides a comprehensive analysis of the global Tubular Shafts landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Tubular Shafts portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Tubular Shafts market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Tubular Shafts and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Tubular Shafts.

This report presents a comprehensive overview, market shares, and growth opportunities of Tubular Shafts market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Solid Tubular Shafts
Hollow Tubular Shafts

Segmentation by Application:
Aerospace
Automotive
Mining
Electric
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Mubea
Walter Henrich
Thomson Industries
Skamar
Masson-Marine
Nexteer Automotive
Dana Incorporated
GKN
CIE Automotive
AAPICO Hitech Public
ADR
Neapco
Henan Tongxin Transmission
Morimoto
Eraeams
Bosch

Key Questions Addressed in this Report

What is the 10-year outlook for the global Tubular Shafts market?

What factors are driving Tubular Shafts market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Tubular Shafts market opportunities vary by end market size?

How does Tubular Shafts break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.