The Side Shaft provides the dynamic connection between engine and driving wheels, transmitting power and allowing steering angles whilst accommodating suspension movements and isolating vibrations. Each side shaft has two constant velocity joints – a fixed joint at the wheel end and a plunging joint at the gearbox end, connected by an interconnecting shaft. Automotive Side Shafts play a vital role in the operation of any vehicle. It ensures optimum delivery of power to the wheels of the vehicle.
Many international side shaft manufacturers have built plants in China and they have occupied large share of automotive side shaft market. There is large technical gap between automotive side shafts produced by manufacturers from China and abroad. To maintain market share, these domestic manufacturers must invest more on research and development.

Market Analysis and Insights: Global Side Shaft Market
The global Side Shaft market size is projected to reach US$ 14520 million by 2026, from US$ 13430 million in 2020, at a CAGR of 1.3% during 2021-2026.

Global Side Shaft Scope and Market Size
The global Side Shaft market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Side Shaft market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Side Shaft market is segmented into
Rear Side Shaft
Front Side Shaft

Segment by Application, the Side Shaft market is segmented into
Passenger Vehicles
Commercial Vehicles

The Side Shaft market is analysed and market size information is provided by regions (countries). Segment by Application, the Side Shaft market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Side Shaft Market Share Analysis
Side Shaft market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Side Shaft business, the date to enter into the Side Shaft market, Side Shaft product introduction, recent developments, etc.

The major vendors covered:
GKN
NTN
Hyundai-wia
Nexteer
KOFCO
Wanxiang
Neapco
JTEKT
Guansheng