Global Vehicle Drive Shaft Market Insights, Forecast to 2028

Market Analysis and Insights: Global Vehicle Drive Shaft Market
Due to the COVID-19 pandemic, the global Vehicle Drive Shaft 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, AWD accounting for % of the Vehicle Drive Shaft global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Cars segment is altered to an % CAGR throughout this forecast period.
China Vehicle Drive Shaft market size is valued at US$ million in 2021, while the US and Europe Vehicle Drive Shaft 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 Vehicle Drive Shaft landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Vehicle Drive Shaft include GKN, Dana, AAM, Magna, BorgWarner, Nexteer, Neapco, JTEKT and IFA Rotorion, 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 Vehicle Drive Shaft 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 Vehicle Drive Shaft by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Vehicle Drive Shaft Scope and Segment
Vehicle Drive Shaft market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Vehicle Drive Shaft 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
AWD
E-Drives
Others
Segment by Application
Cars
SUVs
Off-road Vehicles
Others
By Company
GKN
Dana
AAM
Magna
BorgWarner
Nexteer
Neapco
JTEKT
IFA Rotorion
Meritor
NTN
Hyundai-Wia
Dymos
Showa
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