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Global Automotive Propeller Shaft Market is segmented By Position (Front, Rear, and Inter-Axle Propeller Shaft), By Type (Live, Dead, and Tandem Axle), By Propeller Shaft Type (Single, Multi Piece, and Other), By Material (Alloy, and Carbon Fiber), and By region.Automotive Propeller Shaft Market Key Companies Analyzed:
ZF Friedrichshafen AG (Germany), American Axle & Manufacturing, Inc. (U.S.), Meritor, Inc. (U.S.), Showa Corporation (Japan), GKN plc (U.K.), Wilson drive shafts (England), Nexteer Automotive (U.S.), JTEKT Corporation (Japan), Gestamp (Spain), Dana Holding Corporation (U.S.), D & F Propshafts (U.K.), Bailey Morris limited (England), B & F limited (U.K.), American Axle & Manufacturing Holdings, Inc. (U.S.), and Hyundai Wia Corporation (South Korea).
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Global Automotive Propeller Shaft Market Highlights:
Global Automotive Propeller Shaft Market Growth is attributed to factors such as technology innovation in the materials, growth in the automotive industry, and increase in the sales of the new vehicle. The innovation in technology in the automotive propeller shafts, is expected to drive the market in future.
The automotive propeller shaft is mechanical component that allows back and forth movement of the vehicles. The automotive propeller shaft is used to connect the engine and the wheels to provide high torque to the vehicle. The drive shaft integrates one or more universal joints, jaw coupling, and sometimes prismatic joint. Longitudinal shaft type is generally used to deliver power from the engine to the wheels of the vehicle. The longitudinal shaft transfers power from one component to another and then to the wheels to provide rotational movement. Propeller shaft helps decide the performance of the vehicle, which makes the development of propeller shaft precise. Many automotive manufacturers are investing heavily in the research and development to innovate their product line. The light weight development of propeller shafts is the major focus of the automotive OEMs.
Regional Analysis:
On the basis of region, the market has been segmented as North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific is expected to dominate the market during the forecast period due to increasing demand of propeller shaft among both OEMs and aftermarket replacement. The growing demand for propeller shaft in emerging economies such as India, china, and among others is expected to drive the market in Asia Pacific.
The automotive manufacturers in Asia Pacific region are moving towards new product development and are investing heavily in research and development. The increase in new product development, is expected to drive the automotive propeller shaft market in this region. Europe is expected to be the second largest market due to the leading automotive technology providers in this region. North America is expected to be the third largest market in automotive propeller shaft, in which U.S. is the major contributor. In U.S., the major focus is to reduce the weight of the vehicle. The reduced weight propeller shaft is expected to drive the market in this region.
Market Segments Analysis:
The scope of the study segments the global rear spoilers market by its position, type, propeller shaft type, and material, and region
By Position:
Front
Rear
Inter-Axle Propeller Shaft
By Type:
Live
Dead
Tandem Axle
By Propeller Shaft Type:
Single
Multi Piece
Other
By Material:
Alloy
Carbon Fiber
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
Continued...
List Of Tables:
Table 1 Global Automotive Propeller Shaft Market: By Region, 2017-2023
Table 2 North America Automotive Propeller Shaft Market: By Country, 2017-2023
Table 3 Europe Automotive Propeller Shaft Market: By Country, 2017-2023
Table 4 Asia Pacific Automotive Propeller Shaft Market: By Country, 2017-2023
Table 5 RoW Automotive Propeller Shaft Market: By Country, 2017-2023
Table 6 Global Automotive Propeller Shaft Market, By Technology, By Regions, 2017-2023
Continued...
List Of Figures:
FIGURE 1 RESEARCH INSULATION TYPE
FIGURE 2 GLOBAL AUTOMOTIVE PROPELLER SHAFT MARKET: BY TYPE (%)
FIGURE 3 GLOBAL AUTOMOTIVE PROPELLER SHAFT MARKET: BY END USER (%)
FIGURE 4 GLOBAL AUTOMOTIVE PROPELLER SHAFT MARKET: BY REGIO
FIGURE 5 NORTH AMERICA AUTOMOTIVE PROPELLER SHAFT MARKET, BY TYPE (%)
FIGURE 6 NORTH AMERICA AUTOMOTIVE PROPELLER SHAFT MARKET, BY END USER (%)
FIGURE 7 EUROPE AUTOMOTIVE PROPELLER SHAFT MARKET, BY TYPE (%)
FIGURE 8 EUROPE AUTOMOTIVE PROPELLER SHAFT MARKET, BY END USER (%)
FIGURE 9 ASIA-PACIFIC AUTOMOTIVE PROPELLER SHAFT MARKET, BY TYPE (%)
FIGURE 10 ASIA-PACIFIC AUTOMOTIVE PROPELLER SHAFT MARKET, BY END USER (%)
FIGURE 11 ROW AUTOMOTIVE PROPELLER SHAFT MARKET, BY TYPE (%)
FIGURE 12 ROW AUTOMOTIVE PROPELLER SHAFT MARKET, BY END USER (%)
Continued...
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