Automotive Shaft Market, Global Outlook and Forecast 2023-2028

Report ID: 1637310 | Published Date: Jan 2025 | No. of Page: 73 | Base Year: 2024 | Rating: 3.9 | Webstory: Check our Web story

Automotive drive shaft is a mechanical component for transmitting torque and rotation, usually used to connect other components of a drive train that cannot be connected directly because of distance or the need to allow for relative movement between them.
This report contains market size and forecasts of Automotive Shaft in global, including the following market information:
Global Automotive Shaft Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Shaft Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Shaft companies in 2021 (%)
The global Automotive Shaft market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Gear Shafts Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Shaft include GKN (UK), Hirschvogel Automotive Group (Germany), Dongfeng Electronic Technology Co., Ltd. (DETC) (China), Univance (Japan), erae Automotive Systems (Korea), Harbin Dongan Auto Engine (China), ILJIN (Korea), A.M. GEARS (Italy) and ACC LA JONCHERE (France). etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Shaft Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Shaft Market Segment Percentages, by Type, 2021 (%)
Gear Shafts
Drive Shafts
Others
Global Automotive Shaft Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Shaft Market Segment Percentages, by Application, 2021 (%)
Passenger Cars
Commercial Vehicles
Global Automotive Shaft Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Shaft Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Shaft revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Shaft revenues share in global market, 2021 (%)
Key companies Automotive Shaft sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Shaft sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GKN (UK)
Hirschvogel Automotive Group (Germany)
Dongfeng Electronic Technology Co., Ltd. (DETC) (China)
Univance (Japan)
erae Automotive Systems (Korea)
Harbin Dongan Auto Engine (China)
ILJIN (Korea)
A.M. GEARS (Italy)
ACC LA JONCHERE (France)

Frequently Asked Questions
Automotive Shaft Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automotive Shaft Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automotive Shaft Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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