Global Truck Propeller Shafts Market Insights, Forecast to 2028

Market Analysis and Insights: Global Truck Propeller Shafts Market
Due to the COVID-19 pandemic, the global Truck Propeller Shafts market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Single Piece Shaft accounting for % of the Truck Propeller Shafts global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Light Duty Truck segment is altered to an % CAGR throughout this forecast period.
China Truck Propeller Shafts market size is valued at US$ million in 2021, while the US and Europe Truck Propeller Shafts are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Truck Propeller Shafts landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Truck Propeller Shafts include GKN, NTN, Huayu Automotive, Dana, IFA Rotorion, AAM, Wanxiang, Meritor and Nexteer, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Truck Propeller Shafts capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Truck Propeller Shafts by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Truck Propeller Shafts Scope and Segment
Truck Propeller Shafts market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Truck Propeller Shafts market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Single Piece Shaft
Multi Piece Shaft
Segment by Application
Light Duty Truck
Heavy Duty Truck
By Company
GKN
NTN
Huayu Automotive
Dana
IFA Rotorion
AAM
Wanxiang
Meritor
Nexteer
JTEKT
Hyundai-Wia
Showa
YODON
Neapco
GSP
Dongfeng
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE