Drive Shaft Market Research Report - Global Forecast to 2027

Drive Shaft Market Research Report, Information: by Vehicle Type (Passenger Cars, Light Commercial Vehicle, and Heavy Commercial Vehicle), Design (Hollow Drive Shafts and Solid Drive Shafts), Position (Front Drive Shaft and Rear Drive Shaft), and Region (North America, Europe, Asia-Pacific, and the Rest of the World)- Forecast till 2027

ID: MRFR/IA - E/6277-HCR | February, 2021 | Region : Global

Drive Shaft  Market Synopsis:


Drive shaft is an essential part of vehicle driveline and is basically a spinning tube that connects to the rear of the transmission and transmits the spinning power that begins in the engine to the back of the vehicle at the differential. Drive shaft is used for carrying the torque from the clutch and transmission as required to driving axle or to rear axle of the vehicle. The drive shaft works as a medium to transfer the power generated by the engine to the wheels, enabling them to turn and drive the vehicle. The drive shafts are manufactured with specific allowance for some small degree of movement at the points where the drive shafts are connected to sustain under a twisting or spinning motion. Additionally, a drive shaft enables the function with an axle and CV joint and allows the transfer of torque from transmission to the wheels.  This allows the vehicle to be driven at the required speed.


The increasing vehicle sales and the increase in the development of automotive industry are factors expected to boost the demand for drive shafts during the forecast period. Moreover, the increasing demand for light weight drive shafts to meet the demand for fuel efficient vehicles with the stringent norms posed by the international emission control authorities create growth opportunities for the global drive shaft market during the forecast period. However, the increasing demand for electric vehicle, all over the world is expected to hamper the market growth during the forecast period.
Key Players
The prominent players in the global drive shaft industry are GKN PLC (UK), Advanced Composite Products & Technology, Inc. ACPT, Inc. (US), American Axle & Manufacturing Holdings, Inc. (US), Neapco Holdings, LLC (US), Dana Holding Corporation (US), Yamada Manufacturing Co., Ltd. (Japan), Trelleborg AB (Sweden), NTN Corporation (Japan), Ifa Rotorion - Holding GmbH (Germany), and The Timken Company (US).


Segmentation: Drive Shaft Market


Drive Shaft Market


The global drive shaft market is segmented based on vehicle type, design, position, and region. On the basis of vehicle type, the market has been segmented into passenger cars, light commercial vehicle (LCV), and heavy commercial vehicle (HCV). On the basis of design, the market has been segmented into hollow drive shafts and solid drive shafts. On the basis of position, the market has been segmented into front drive shaft and rear drive shaft.


Geographically, the global drive shaft market has been segmented into four major regions, which are North America, Europe, Asia-Pacific, and the Rest of the World. The drive shaft market in Asia-Pacific held the largest market share and is expected to register the highest growth rate in the global drive shaft market. Asia-Pacific is characterized by the presence of emerging economies and accounts for a share of global vehicle sales, which is expected to continue over the forecast period. Moreover, significant GDP growth and an increase in per capita income are the prime factors responsible for the growth of the automotive industry and expected to positively impact on the demand for drive shaft during the forecast period in this region.  Europe held the second largest market share owing to the favorable government policies, the presence of leading OEMs, and developed automobile infrastructure.


The Market Research Future report on the global drive shaft market covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.

TABLE OF CONTENTS

1. Executive Summary

2. Scope of the Report

2.1. Market Definition

2.2. Scope of the Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter’s Five Forces Analysis

3.1.1. Threat of New Entrants

3.1.2. Bargaining Power of Buyers

3.1.3. Threat of Substitutes

3.1.4. Segment rivalry

3.1.5. Bargaining Power of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Drive Shaft Market, by Vehicle Type

5.1. Introduction

5.2. Passenger Cars

5.2.1. Market estimates & forecast, 2020-2027

5.2.2. Market estimates & forecast, by Vehicle Type, 2020-2027

5.3. Light Commercial Vehicle

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

5.4. Heavy Commercial Vehicle

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

6. Global Drive Shaft Market, by Design

6.1. Hollow Drive Shafts

6.1.1. Market Estimates & Forecast, 2020-2027

6.1.2. Market Estimates & Forecast, by Design, 2020-2027

6.2. Solid Drive Shafts

6.2.1. Market Estimates & Forecast, 2020-2027

6.2.2. Market Estimates & Forecast, by Design, 2020-2027

7. Global Drive Shaft Market, by Position

7.1. Introduction

7.2. Front Drive Shaft

7.2.1. Market Estimates & Forecast, 2020-2027

7.2.2. Market Estimates & Forecast, by Position, 2020-2027

7.3. Rear Drive Shaft

7.3.1. Market Estimates & Forecast, 2020-2027

7.3.2. Market Estimates & Forecast, by Position, 2020-2027

8. Global Drive Shaft Market, by Region

8.1. Introduction

8.2. North America

8.2.1. Market Estimates & Forecast, 2020-2027

8.2.2. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.2.3. Market Estimates & Forecast by Design, 2020-2027

8.2.4. Market Estimates & Forecast, by Position, 2020-2027

8.2.5. US

8.2.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.2.5.2. Market Estimates & Forecast, by Design, 2020-2027

8.2.5.3. Market Estimates & Forecast, by Position, 2020-2027

8.2.6. Canada

8.2.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.2.6.2. Market Estimates & Forecast, by Design, 2020-2027

8.2.6.3. Market Estimates & Forecast, by Position, 2020-2027

8.3. Europe

8.3.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.2. Market Estimates & Forecast, by Design, 2020-2027

8.3.3. Market Estimates & Forecast, by Position, 2020-2027

8.3.4. UK

8.3.4.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.4.2. Market Estimates & Forecast, by Design, 2020-2027

8.3.4.3. Market Estimates & Forecast, by Position, 2020-2027

8.3.5. Germany

8.3.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.5.2. Market Estimates & Forecast, by Design, 2020-2027

8.3.5.3. Market Estimates & Forecast, by Position, 2020-2027

8.3.6. France

8.3.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.6.2. Market Estimates & Forecast, by Design, 2020-2027

8.3.6.3. Market Estimates & Forecast, by Position, 2020-2027

8.3.7. Italy

8.3.7.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.7.2. Market Estimates & Forecast, by Design, 2020-2027

8.3.7.3. Market Estimates & Forecast, by Position, 2020-2027

8.3.8. Rest of Europe

8.3.8.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.3.8.2. Market Estimates & Forecast, by Design, 2020-2027

8.3.8.3. Market Estimates & Forecast, by Position, 2020-2027

8.4. Asia-Pacific

8.4.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.2. Market Estimates & Forecast, by Design, 2020-2027

8.4.3. Market Estimates & Forecast, by Position, 2020-2027

8.4.4. China

8.4.4.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.4.2. Market Estimates & Forecast, by Design, 2020-2027

8.4.4.3. Market Estimates & Forecast, by Position, 2020-2027

8.4.5. Japan

8.4.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.5.2. Market Estimates & Forecast, by Design, 2020-2027

8.4.5.3. Market Estimates & Forecast, by Position, 2020-2027

8.4.6. India

8.4.6.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.6.2. Market Estimates & Forecast, by Design, 2020-2027

8.4.6.3. Market Estimates & Forecast, by Position, 2020-2027

8.4.7. Rest of Asia-Pacific

8.4.7.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.4.7.2. Market Estimates & Forecast, by Design, 2020-2027

8.4.7.3. Market Estimates & Forecast, by Position, 2020-2027

8.5. Rest of the world

8.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.5.2. Market Estimates & Forecast, by Design, 2020-2027

8.5.3. Market Estimates & Forecast, by Position, 2020-2027

8.5.4. Middle East & Africa

8.5.4.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.5.4.2. Market Estimates & Forecast, by Design, 2020-2027

8.5.4.3. Market Estimates & Forecast, by Position, 2020-2027

8.5.5. Latin America

8.5.5.1. Market Estimates & Forecast, by Vehicle Type, 2020-2027

8.5.5.2. Market Estimates & Forecast, by Design, 2020-2027

8.5.5.3. Market Estimates & Forecast, by Position, 2020-2027

9. Competitive landscape

10. Company profile

10.1. GKN PLC

10.1.1. Company Overview

10.1.2. Products/Services Offered

10.1.3. Financial Overview

10.1.4. Key Developments

10.1.5. Key Strategies

10.1.6. Swot Analysis

10.2. Advanced Composite Products & Technology, Inc. ACPT, Inc.

10.2.1. Company Overview

10.2.2. Products/Services Offered

10.2.3. Financial Overview

10.2.4. Key Developments

10.2.5. Key Strategies

10.2.6. Swot Analysis

10.3. American Axle & Manufacturing Holdings, Inc.

10.3.1. Company Overview

10.3.2. Products/Services Offered

10.3.3. Financial Overview

10.3.4. Key Developments

10.3.5. Key Strategies

10.3.6. Swot Analysis

10.4. Neapco Holdings, LLC

10.4.1. Company Overview

10.4.2. Products/Services Offered

10.4.3. Financial Overview

10.4.4. Key Developments

10.4.5. Key Strategies

10.4.6. Swot Analysis

10.5. Dana Holding Corporation

10.5.1. Company Overview

10.5.2. Products/Services Offered

10.5.3. Financial Overview

10.5.4. Key Developments

10.5.5. Key Strategies

10.5.6. Swot Analysis

10.6. Yamada Manufacturing Co., Ltd.

10.6.1. Company Overview

10.6.2. Products/Services Offered

10.6.3. Financial Overview

10.6.4. Key Developments

10.6.5. Key Strategies

10.6.6. Swot Analysis

10.7. Trelleborg AB

10.7.1. Company Overview

10.7.2. Products/Services Offered

10.7.3. Financial Overview

10.7.4. Key Developments

10.7.5. Key Strategies

10.7.6. Swot Analysis

10.8. NTN Corporation

10.8.1. Company Overview

10.8.2. Products/Services Offered

10.8.3. Financial Overview

10.8.4. Key Developments

10.8.5. Key Strategies

10.8.6. Swot Analysis

10.9. Ifa Rotorion - Holding GmbH

10.9.1. Company Overview

10.9.2. Products/Services Offered

10.9.3. Financial Overview

10.9.4. Key Developments

10.9.5. Key Strategies

10.9.6. Swot Analysis

10.10. The Timken Company

10.10.1. Company Overview

10.10.2. Products/Services Offered

10.10.3. Financial Overview

10.10.4. Key Developments

10.10.5. Key Strategies

10.10.6. Swot Analysis


List of Tables

Table 1 Global Drive Shaft Market: by Region, 2020-2027

Table 2 North America: Drive Shaft Market: by Country, 2020-2027

Table 3 Europe: Drive Shaft Market: by Country, 2020-2027

Table 4 Asia-Pacific: Drive Shaft Market: by Country, 2020-2027

Table 5 Row: Drive Shaft Market: by Region, 2020-2027

Table 6 Global Drive Shaft Market, by Vehicle Type, by Regions, 2020-2027

Table 7 North America: Drive Shaft Market, by Vehicle Type, by Country, 2020-2027

Table 8 Europe: Drive Shaft Market, by Vehicle Type, by Country, 2020-2027

Table 9 Asia-Pacific: Drive Shaft Market, by Vehicle Type, by Country, 2020-2027

Table 10 Row: Drive Shaft Market, by Vehicle Type, by Region, 2020-2027

Table 11 Global Drive Shaft Market by Design: by Regions, 2020-2027

Table 12 North America: Drive Shaft Market by Design: by Country, 2020-2027

Table 13 Europe: Drive Shaft Market by Design: by Country, 2020-2027

Table 14 Asia-Pacific: Drive Shaft Market by Design: by Country, 2020-2027

Table 15 Row: Drive Shaft Market by Design: by Region, 2020-2027

Table 16 Global Drive Shaft Market by Position: by Regions, 2020-2027

Table 17 North America: Drive Shaft Market by Position: by Country, 2020-2027

Table 18 Europe: Drive Shaft Market by Position: by Country, 2020-2027

Table 19 Asia-Pacific: Drive Shaft Market by Position: by Country, 2020-2027

Table 20 Row: Drive Shaft Market by Position: by Region, 2020-2027


List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter's Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Drive Shaft Market Share, by Vehicle Type, 2020 (%)

Figure 9 Global Drive Shaft Market, by Vehicle Type, 2020-2027 (USD Million)

Figure 10 Global Drive Shaft Market Share, by Design, 2020 (%)

Figure 11 Global Drive Shaft Market, by Design, 2020-2027 (USD Million)

Figure 12 Global Drive Shaft Market Share, by Position, 2020 (%)

Figure 13 Global Drive Shaft Market, by Position, 2020-2027 (USD Million)

Figure 14 Global Drive Shaft Market Share (%), by Region, 2020

Figure 15 Global Drive Shaft Market, by Region, 2020-2027 (USD Million)

Figure 16 North America: Drive Shaft Market Share (%), 2020

Figure 17 North America: Drive Shaft Market by Country, 2020-2027 (USD Million)

Figure 18 Europe: Drive Shaft Market Share (%), 2020

Figure 19 Europe: Drive Shaft Market by Country, 2020-2027 (USD Million)

Figure 20 Asia-Pacific: Drive Shaft Market Share (%), 2020

Figure 21 Asia-Pacific: Drive Shaft Market by Country, 2020-2027 (USD Million)

Figure 22 Rest of the World Drive Shaft Market Share (%), 2020

Figure 23 Rest of the World Drive Shaft Market by Region, 2020-2027 (USD Million)


Drive Shaft Market