Automotive Drive Shaft Market is Likely to Experience Tremendous Growth by 2030 | Wanxiang Qianchao, GKN PLC, JTEKT Co
CALIFORNIA, UNITED STATES, January 23, 2023 /EINPresswire.com/ -- The Coherent Market Insights added a comprehensive research report "Automotive Drive Shaft Market: Global Size, Share, Growth, Trends, Industry Demand, and Forecast 2030" with detailed insights on growth factors and strategies. Both the anticipated year 2023โ2030 and the preceding five-year period between 2017 and 2022 were examined for the Automotive Drive Shaft Market. Researchers have examined the market's strengths, weaknesses, opportunities, and threats in this report, which also offers a fair depiction of the industry. This report provides a thorough analysis and expert research of the global Automotive Drive Shaft market's current and future situation, together with important data and figures. This report also discusses industry drivers, trends, and forthcoming technologies that will support current growth patterns as well as new market opportunities
The global automotive drive shaft market size was valued at US$ 31.11 Mn in 2021 and is forecast to reach a value of US$ 43.99 Mn by 2030 at a CAGR of 6.10% between 2022 and 2030.
๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ฎ ๐๐ฎ๐บ๐ฝ๐น๐ฒ ๐๐ผ ๐ผ๐ฏ๐๐ฎ๐ถ๐ป ๐ฎ๐๐๐ต๐ฒ๐ป๐๐ถ๐ฐ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฐ๐ผ๐บ๐ฝ๐ฟ๐ฒ๐ต๐ฒ๐ป๐๐ถ๐๐ฒ ๐บ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ถ๐ป๐๐ถ๐ด๐ต๐๐ ๐ฎ๐โ
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The study offers a qualified in-depth analysis of the Automotive Drive Shaft's current situation. Among the market statistics evaluated and re-validated in the study are CAGR, gross margin, revenue, price, production growth rate, volume, value, market share, and year-over-year growth. Utilizing the most recent primary and secondary research approaches, this comprehensive Automotive Drive Shaft study was created. As part of the geographical research, we looked at significant markets including those in North America, Europe, India, China, Japan, and MEA. Markets serviced, production, revenue, market share, recent developments, and gross profit margins are just a few of the variables that go into creating a profile of a leading organization. An extensive analysis of the market's drivers, restraints, opportunities, influencers, challenges, and trends is provided in the section on market dynamics.
Key Players:
The organizations are mostly concentrating on tactics like new product launches to enter the world's fastest-growing emerging markets. In the Automotive Drive Shaft market research report, the key players include:
โฆ Wanxiang Qianchao Co. Ltd.
โฆ GKN PLC (Melrose Industries PLC)
โฆ American Axle Manufacturing Holdings Inc.
โฆ JTEKT Corporation
โฆ Yamada Manufacturing Co. Ltd.
โฆ Dana Holding Corporation
โฆ Showa Corporation
โฆ Hyundai Wia Corporation
โฆ Nexteer Automotive Group Ltd
Detailed Segmentation:
Global Automotive Drive Shaft Market, By Design Type
โฃ Hollow Shaft
โฃ Solid Shaft
Global Automotive Drive Shaft Market, By Position Type
โฃ Rear Axle
โฃ Front Axle
Global Automotive Drive Shaft Market, By Vehicle Type
โฃ Passenger Car
โฃ Commercial Vehicles
โฃ Regional Analysis:
The report also examines the current concerns and their Future Effects on the Automotive Drive Shaft market by the region. The report covers all-region and countries of the Automotive Drive Shaft Market. The market has been segmented into numerous primary regions and a Detailed evaluation of primary countries
โ North America (U.S., Canada, and Mexico)
โ Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
โ Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
โ South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
โ Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
๐๐ข๐ฆ๐ข๐ญ๐๐ ๐๐๐ซ๐ข๐จ๐ ๐๐๐๐๐ซ | ๐๐๐ญ ๐๐ฉ ๐ญ๐จ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @
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Key Factors:
โค Business Description: a thorough account of the operations and divisions of the company.
โค Company Strategy: A synopsis of the company's business strategy by an analyst.
โค SWOT Analysis: A thorough examination of the company's opportunities, threats, weaknesses, and strengths.
โค Company History: The development of significant company-related events.
โค Main Products and Services: A list of the key products, services, and brands offered by the business.
โค Key competitors: A list of the main rivals of the business.
โค Financial ratios in detail for the previous five years: The most recent financial ratios are taken from annual financial statements published by businesses with a minimum of a five-year history.
Market Drivers:
Drive shafts have experienced tremendous demand on the global market in recent years. The development of drive shafts by manufacturers without sacrificing performance, the adoption of strict laws by the international pollution control authorities, and rising concern for fuel efficiency are all factors that have contributed to the market's rise.
COVID-19 Impact:
Given the sharp decline in demand for vehicles during the pandemic, the worldwide market for drive shafts has faced a number of unanticipated difficulties. On the other hand, the worldwide market for drive shafts is predicted to experience significant growth over the next few years as all industrial and financial activities return to normal.
Free Sample Report Consists of the Following:
โข All introductions, overviews, in-depth industry analyses, and a projection through 2030 are included in the most recent study for 2023.
โข The package includes an examination of the effects of both the COVID-19 pandemic outbreak and its aftermath, as well as the effects of the Russia-Ukraine war.
โข Offers thorough application instructions broken down chapter by chapter.
โข Recently updated regional analysis that includes 2023 projections for size, share, and trends as graphs.
โข Updated tables and numbers are included.
โข The leading market participants, their business plans, sales volume, and revenue analysis are all included in the most recent version of the study.
๐๐ข๐ฆ๐ข๐ญ๐๐ ๐๐๐ซ๐ข๐จ๐ ๐๐๐๐๐ซ | ๐๐๐ญ ๐๐ฉ ๐ญ๐จ ๐๐% ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ @
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FAQ's:
โฃ What are the current and projected performance trends for the global Automotive Drive Shaft market?
โฃ What effect did COVID-19 have on the worldwide Automotive Drive Shaft market?
โฃ What major regional marketplaces are there?
โฃ What is the Automotive Drive Shaft market segmentation depending on the product?
โฃ What is the market's distribution based on the available information?
Table of Contents with Major Points:
1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2030 (USD Billion)
1.2.1. Automotive Drive Shaft Market, by Region, 2018-2030 (USD Billion)
1.2.2. Automotive Drive Shaft Market, by Type, 2018-2030 (USD Billion)
1.2.3. Automotive Drive Shaft Market, by Application, 2018-2030 (USD Billion)
1.2.4. Automotive Drive Shaft Market, by Verticles, 2018-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
2. Global Automotive Drive Shaft Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
3. Global Automotive Drive Shaft Market Dynamics
3.1. Automotive Drive Shaft Market Impact Analysis (2018-2030)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
4. Global Automotive Drive Shaft Market Industry Analysis
4.1. Porterโs 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porterโs 5 Force Model (2018-2030)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
5. Global Automotive Drive Shaft Market, by Type
5.1. Market Snapshot
5.2. Global Automotive Drive Shaft Market by Type, Performance โ Potential Analysis
5.3. Global Automotive Drive Shaft Market Estimates & Forecasts by Type 2018-2030 (USD Billion)
5.4. Automotive Drive Shaft Market, Sub-Segment Analysis
6. Global Automotive Drive Shaft Market, by Application
6.1. Market Snapshot
6.2. Global Automotive Drive Shaft Market by Application, Performance โ Potential Analysis
6.3. Global Automotive Drive Shaft Market Estimates & Forecasts by Application 2018-2030 (USD Billion)
6.4. Automotive Drive Shaft Market, Sub-Segment Analysis
6.4.1. Others
7. Global Automotive Drive Shaft Market, by Verticles
7.1. Market Snapshot
7.2. Global Automotive Drive Shaft Market by Verticles, Performance โ Potential Analysis
7.3. Global Automotive Drive Shaft Market Estimates & Forecasts by Verticles 2018-2030 (USD Billion)
7.4. Automotive Drive Shaft Market, Sub-Segment Analysis
8. Global Automotive Drive Shaft Market, Regional Analysis
8.1. Automotive Drive Shaft Market, Regional Market Snapshot
8.2. North America Automotive Drive Shaft Market
8.3. Europe Automotive Drive Shaft Market Snapshot
8.4. Asia-Pacific Automotive Drive Shaft Market Snapshot
8.5. Latin America Automotive Drive Shaft Market Snapshot
8.6. Rest of The World Automotive Drive Shaft Market
9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Keyplayer1
9.2.1.1. Key InDurationation
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
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