Automotive Drive Shafts Market Share 2021: Global Trends, Key Players, Industry Analysis Report to 2027

The automotive drive shaft market is valued at USD 291.5 billion in 2020 and is expected to reach USD 396.7 billion in 2026, registering a CAGR of around 4% during the forecast period (2021-2027).

Trends such as increasing sales of four-wheel drive vehicles, increasing sales of SUVs, and increasing demand for lightweight components are expected to drive the automotive driveshaft market in the future.

Automotive Drive Shafts Market – Segmentation

By Product

• Flexible Drive-Shaft
• Torque Tube Drive-Shaft
• Hotchkiss Drive-Shaft

By Application

• Passenger Vehicles
• Commercial Vehicles

Major Players

• NTN
• Dana Holding Corporation
• Nexteer
• Hyundai-Wia
• Yamada Manufacturing
• American Axle Manufacturing
• JTEKT
• Neapco
• Meritor
• Showa
• SDS
• Yuandong

Geographic Coverage

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

Recent Developments

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

Key Questions Answered by Automotive Drive Shafts Market Report

• What was the Automotive Drive Shafts Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Automotive Drive Shafts Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How these segments are are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Automotive Drive Shafts Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.