Rigid Drive Shaft Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global Rigid Drive Shaft market size is expected to growth from US$ 5478 million in 2021 to US$ 6587 million by 2028, it is expected to grow at a CAGR of 5% during 2022-2028. Shaft connections are commonly used in machinery that requires transmission of power, which includes equipment like motors, generators, pumps, compressors, turbines, engines and machines. There are several kinds of shaft connection types for a variety of operating conditions. Rigid shaft connections are designed for shafts to have zero or very minimal misalignment and are used when precision alignment must be maintained. If the driven shaft does not bear supported, its load is carried by the drive shaft; therefore, a rigid shaft connection is needed to provide additional support for the assembly. However, rigid couplings have poor shock absorption and vibration damping.

By Type:
Single Piece Shaft
Multi Piece Shaft

By Application:
Passenger Vehicle
Commercial Vehicle

Top Major key players :
GKN
Dana
IFA Rotorion
AAM
Meritor
YODON
Neapco
Wanxiang
JTEKT
Showa

Scope of the Report

The research study analyzes the global Rigid Drive Shaft industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Rigid Drive Shaft Report

1. What was the Rigid Drive Shaft size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Rigid Drive Shaft during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Rigid Drive Shaft was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

The report covers the following objectives:
• Proliferation and maturation of trade in the global Rigid Drive Shaft market.
• The market share of the global Rigid Drive Shaft market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Rigid Drive Shaft market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Rigid Drive Shaft market.