Global Drive Shaft Market Growth 2023-2029

According to our (LP Info Research) latest study, the global Drive Shaft market size was valued at US$ 5366.3 million in 2022. With growing demand in downstream market and recovery from influence of COVID-19 and the Russia-Ukraine War,  the Drive Shaft is forecast to a readjusted size of US$ 6942.1 million by 2029 with a CAGR of 3.7% during review period. 
The research report highlights the growth potential of the global Drive Shaft market. With recovery from influence of COVID-19 and the Russia-Ukraine War, Drive Shaft are expected to show stable growth in the future market. However, product differentiation, reducing costs, and supply chain optimization remain crucial for the widespread adoption of Drive Shaft. Market players need to invest in research and development, forge strategic partnerships, and align their offerings with evolving consumer preferences to capitalize on the immense opportunities presented by the Drive Shaft market.

The favorable macro factors, such as economical labor, government support for the manufacturing industry, and a large local market have boosted the market for automotive drive shafts in this region. Asia-Oceania, the largest vehicle producer, is also estimated to be the largest sideshaft market in terms of market value. It comprises countries, such as China, India, Japan, and South Korea, where majority of the production is concentrated. OEMs have established their production bases in China, given the attractiveness of the domestic market and the low cost of production. Increasing demand for comfort and stringent fuel efficiency norms are also expected to drive the market for automotive drive shafts.

Key factors responsible for growth in the automotive drive shaft market include demand for low carbon footprint, enhanced driving experience, and fuel-efficient vehicles.

Key Features:
The report on Drive Shaft market reflects various aspects and provide valuable insights into the industry.

Market Size and Growth: The research report provide an overview of the current size and growth of the Drive Shaft market. It may include historical data, market segmentation by Type (e.g., Hollow, Rigid), and regional breakdowns.

Market Drivers and Challenges: The report can identify and analyse the factors driving the growth of the Drive Shaft market, such as government regulations, environmental concerns, technological advancements, and changing consumer preferences. It can also highlight the challenges faced by the industry, including infrastructure limitations, range anxiety, and high upfront costs.

Competitive Landscape: The research report provides analysis of the competitive landscape within the Drive Shaft market. It includes profiles of key players, their market share, strategies, and product offerings. The report can also highlight emerging players and their potential impact on the market.

Technological Developments: The research report can delve into the latest technological developments in the Drive Shaft industry. This include advancements in Drive Shaft technology, Drive Shaft new entrants, Drive Shaft new investment, and other innovations that are shaping the future of Drive Shaft.

Downstream Procumbent Preference: The report can shed light on customer procumbent behaviour and adoption trends in the Drive Shaft market. It includes factors influencing customer ' purchasing decisions, preferences for Drive Shaft product.

Government Policies and Incentives: The research report analyse the impact of government policies and incentives on the Drive Shaft market. This may include an assessment of regulatory frameworks, subsidies, tax incentives, and other measures aimed at promoting Drive Shaft market. The report also evaluates the effectiveness of these policies in driving market growth.

Environmental Impact and Sustainability: The research report assess the environmental impact and sustainability aspects of the Drive Shaft market. 
Market Forecasts and Future Outlook: Based on the analysis conducted, the research report provide market forecasts and outlook for the Drive Shaft industry. This includes projections of market size, growth rates, regional trends, and predictions on technological advancements and policy developments.

Recommendations and Opportunities: The report conclude with recommendations for industry stakeholders, policymakers, and investors. It highlights potential opportunities for market players to capitalize on emerging trends, overcome challenges, and contribute to the growth and development of the Drive Shaft market.

Market Segmentation:
Drive Shaft market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Segmentation by type
    Hollow
    Rigid

Segmentation by application
    Passenger Cars
    Commercial Vehicles

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    GKN PLc
    Nexteer Automotive Group Limited
    NTN Corporation
    American Axle & Manufacturing Holdings
    Hyundai Wia Corporation
    Neapco Holdings LLc
    Ifa Rotorion - Holding GmbH
    Trelleborg AB
    NKN, Ltd.
    Yamada Manufacturing.

Key Questions Addressed in this Report
What is the 10-year outlook for the global Drive Shaft market?
What factors are driving Drive Shaft market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Drive Shaft market opportunities vary by end market size?
How does Drive Shaft break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Drive Shaft Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Drive Shaft Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of Hollow
    Table 4. Major Players of Rigid
    Table 5. Global Drive Shaft Sales by Type (2018-2023) & (K Units)
    Table 6. Global Drive Shaft Sales Market Share by Type (2018-2023)
    Table 7. Global Drive Shaft Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Drive Shaft Revenue Market Share by Type (2018-2023)
    Table 9. Global Drive Shaft Sale Price by Type (2018-2023) & (USD/MT)
    Table 10. Global Drive Shaft Sales by Application (2018-2023) & (K Units)
    Table 11. Global Drive Shaft Sales Market Share by Application (2018-2023)
    Table 12. Global Drive Shaft Revenue by Application (2018-2023)
    Table 13. Global Drive Shaft Revenue Market Share by Application (2018-2023)
    Table 14. Global Drive Shaft Sale Price by Application (2018-2023) & (USD/MT)
    Table 15. Global Drive Shaft Sales by Company (2018-2023) & (K Units)
    Table 16. Global Drive Shaft Sales Market Share by Company (2018-2023)
    Table 17. Global Drive Shaft Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Drive Shaft Revenue Market Share by Company (2018-2023)
    Table 19. Global Drive Shaft Sale Price by Company (2018-2023) & (USD/MT)
    Table 20. Key Manufacturers Drive Shaft Producing Area Distribution and Sales Area
    Table 21. Players Drive Shaft Products Offered
    Table 22. Drive Shaft Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Drive Shaft Sales by Geographic Region (2018-2023) & (K Units)
    Table 26. Global Drive Shaft Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Drive Shaft Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Drive Shaft Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Drive Shaft Sales by Country/Region (2018-2023) & (K Units)
    Table 30. Global Drive Shaft Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Drive Shaft Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Drive Shaft Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Drive Shaft Sales by Country (2018-2023) & (K Units)
    Table 34. Americas Drive Shaft Sales Market Share by Country (2018-2023)
    Table 35. Americas Drive Shaft Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Drive Shaft Revenue Market Share by Country (2018-2023)
    Table 37. Americas Drive Shaft Sales by Type (2018-2023) & (K Units)
    Table 38. Americas Drive Shaft Sales by Application (2018-2023) & (K Units)
    Table 39. APAC Drive Shaft Sales by Region (2018-2023) & (K Units)
    Table 40. APAC Drive Shaft Sales Market Share by Region (2018-2023)
    Table 41. APAC Drive Shaft Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Drive Shaft Revenue Market Share by Region (2018-2023)
    Table 43. APAC Drive Shaft Sales by Type (2018-2023) & (K Units)
    Table 44. APAC Drive Shaft Sales by Application (2018-2023) & (K Units)
    Table 45. Europe Drive Shaft Sales by Country (2018-2023) & (K Units)
    Table 46. Europe Drive Shaft Sales Market Share by Country (2018-2023)
    Table 47. Europe Drive Shaft Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Drive Shaft Revenue Market Share by Country (2018-2023)
    Table 49. Europe Drive Shaft Sales by Type (2018-2023) & (K Units)
    Table 50. Europe Drive Shaft Sales by Application (2018-2023) & (K Units)
    Table 51. Middle East & Africa Drive Shaft Sales by Country (2018-2023) & (K Units)
    Table 52. Middle East & Africa Drive Shaft Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Drive Shaft Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Drive Shaft Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Drive Shaft Sales by Type (2018-2023) & (K Units)
    Table 56. Middle East & Africa Drive Shaft Sales by Application (2018-2023) & (K Units)
    Table 57. Key Market Drivers & Growth Opportunities of Drive Shaft
    Table 58. Key Market Challenges & Risks of Drive Shaft
    Table 59. Key Industry Trends of Drive Shaft
    Table 60. Drive Shaft Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Drive Shaft Distributors List
    Table 63. Drive Shaft Customer List
    Table 64. Global Drive Shaft Sales Forecast by Region (2024-2029) & (K Units)
    Table 65. Global Drive Shaft Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Drive Shaft Sales Forecast by Country (2024-2029) & (K Units)
    Table 67. Americas Drive Shaft Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Drive Shaft Sales Forecast by Region (2024-2029) & (K Units)
    Table 69. APAC Drive Shaft Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Drive Shaft Sales Forecast by Country (2024-2029) & (K Units)
    Table 71. Europe Drive Shaft Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Drive Shaft Sales Forecast by Country (2024-2029) & (K Units)
    Table 73. Middle East & Africa Drive Shaft Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Drive Shaft Sales Forecast by Type (2024-2029) & (K Units)
    Table 75. Global Drive Shaft Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Drive Shaft Sales Forecast by Application (2024-2029) & (K Units)
    Table 77. Global Drive Shaft Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. GKN PLc Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 79. GKN PLc Drive Shaft Product Portfolios and Specifications
    Table 80. GKN PLc Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 81. GKN PLc Main Business
    Table 82. GKN PLc Latest Developments
    Table 83. Nexteer Automotive Group Limited Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 84. Nexteer Automotive Group Limited Drive Shaft Product Portfolios and Specifications
    Table 85. Nexteer Automotive Group Limited Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 86. Nexteer Automotive Group Limited Main Business
    Table 87. Nexteer Automotive Group Limited Latest Developments
    Table 88. NTN Corporation Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 89. NTN Corporation Drive Shaft Product Portfolios and Specifications
    Table 90. NTN Corporation Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 91. NTN Corporation Main Business
    Table 92. NTN Corporation Latest Developments
    Table 93. American Axle & Manufacturing Holdings Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 94. American Axle & Manufacturing Holdings Drive Shaft Product Portfolios and Specifications
    Table 95. American Axle & Manufacturing Holdings Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 96. American Axle & Manufacturing Holdings Main Business
    Table 97. American Axle & Manufacturing Holdings Latest Developments
    Table 98. Hyundai Wia Corporation Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 99. Hyundai Wia Corporation Drive Shaft Product Portfolios and Specifications
    Table 100. Hyundai Wia Corporation Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 101. Hyundai Wia Corporation Main Business
    Table 102. Hyundai Wia Corporation Latest Developments
    Table 103. Neapco Holdings LLc Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 104. Neapco Holdings LLc Drive Shaft Product Portfolios and Specifications
    Table 105. Neapco Holdings LLc Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 106. Neapco Holdings LLc Main Business
    Table 107. Neapco Holdings LLc Latest Developments
    Table 108. Ifa Rotorion - Holding GmbH Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 109. Ifa Rotorion - Holding GmbH Drive Shaft Product Portfolios and Specifications
    Table 110. Ifa Rotorion - Holding GmbH Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 111. Ifa Rotorion - Holding GmbH Main Business
    Table 112. Ifa Rotorion - Holding GmbH Latest Developments
    Table 113. Trelleborg AB Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 114. Trelleborg AB Drive Shaft Product Portfolios and Specifications
    Table 115. Trelleborg AB Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 116. Trelleborg AB Main Business
    Table 117. Trelleborg AB Latest Developments
    Table 118. NKN, Ltd. Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 119. NKN, Ltd. Drive Shaft Product Portfolios and Specifications
    Table 120. NKN, Ltd. Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 121. NKN, Ltd. Main Business
    Table 122. NKN, Ltd. Latest Developments
    Table 123. Yamada Manufacturing. Basic Information, Drive Shaft Manufacturing Base, Sales Area and Its Competitors
    Table 124. Yamada Manufacturing. Drive Shaft Product Portfolios and Specifications
    Table 125. Yamada Manufacturing. Drive Shaft Sales (K Units), Revenue ($ Million), Price (USD/MT) and Gross Margin (2018-2023)
    Table 126. Yamada Manufacturing. Main Business
    Table 127. Yamada Manufacturing. Latest Developments
List of Figures
    Figure 1. Picture of Drive Shaft
    Figure 2. Drive Shaft Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Drive Shaft Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Drive Shaft Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Drive Shaft Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of Hollow
    Figure 10. Product Picture of Rigid
    Figure 11. Global Drive Shaft Sales Market Share by Type in 2022
    Figure 12. Global Drive Shaft Revenue Market Share by Type (2018-2023)
    Figure 13. Drive Shaft Consumed in Passenger Cars
    Figure 14. Global Drive Shaft Market: Passenger Cars (2018-2023) & (K Units)
    Figure 15. Drive Shaft Consumed in Commercial Vehicles
    Figure 16. Global Drive Shaft Market: Commercial Vehicles (2018-2023) & (K Units)
    Figure 17. Global Drive Shaft Sales Market Share by Application (2022)
    Figure 18. Global Drive Shaft Revenue Market Share by Application in 2022
    Figure 19. Drive Shaft Sales Market by Company in 2022 (K Units)
    Figure 20. Global Drive Shaft Sales Market Share by Company in 2022
    Figure 21. Drive Shaft Revenue Market by Company in 2022 ($ Million)
    Figure 22. Global Drive Shaft Revenue Market Share by Company in 2022
    Figure 23. Global Drive Shaft Sales Market Share by Geographic Region (2018-2023)
    Figure 24. Global Drive Shaft Revenue Market Share by Geographic Region in 2022
    Figure 25. Americas Drive Shaft Sales 2018-2023 (K Units)
    Figure 26. Americas Drive Shaft Revenue 2018-2023 ($ Millions)
    Figure 27. APAC Drive Shaft Sales 2018-2023 (K Units)
    Figure 28. APAC Drive Shaft Revenue 2018-2023 ($ Millions)
    Figure 29. Europe Drive Shaft Sales 2018-2023 (K Units)
    Figure 30. Europe Drive Shaft Revenue 2018-2023 ($ Millions)
    Figure 31. Middle East & Africa Drive Shaft Sales 2018-2023 (K Units)
    Figure 32. Middle East & Africa Drive Shaft Revenue 2018-2023 ($ Millions)
    Figure 33. Americas Drive Shaft Sales Market Share by Country in 2022
    Figure 34. Americas Drive Shaft Revenue Market Share by Country in 2022
    Figure 35. Americas Drive Shaft Sales Market Share by Type (2018-2023)
    Figure 36. Americas Drive Shaft Sales Market Share by Application (2018-2023)
    Figure 37. United States Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 38. Canada Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 39. Mexico Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Brazil Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 41. APAC Drive Shaft Sales Market Share by Region in 2022
    Figure 42. APAC Drive Shaft Revenue Market Share by Regions in 2022
    Figure 43. APAC Drive Shaft Sales Market Share by Type (2018-2023)
    Figure 44. APAC Drive Shaft Sales Market Share by Application (2018-2023)
    Figure 45. China Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Japan Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 47. South Korea Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Southeast Asia Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 49. India Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Australia Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 51. China Taiwan Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Europe Drive Shaft Sales Market Share by Country in 2022
    Figure 53. Europe Drive Shaft Revenue Market Share by Country in 2022
    Figure 54. Europe Drive Shaft Sales Market Share by Type (2018-2023)
    Figure 55. Europe Drive Shaft Sales Market Share by Application (2018-2023)
    Figure 56. Germany Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 57. France Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 58. UK Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Italy Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 60. Russia Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Middle East & Africa Drive Shaft Sales Market Share by Country in 2022
    Figure 62. Middle East & Africa Drive Shaft Revenue Market Share by Country in 2022
    Figure 63. Middle East & Africa Drive Shaft Sales Market Share by Type (2018-2023)
    Figure 64. Middle East & Africa Drive Shaft Sales Market Share by Application (2018-2023)
    Figure 65. Egypt Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 66. South Africa Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Israel Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Turkey Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 69. GCC Country Drive Shaft Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Manufacturing Cost Structure Analysis of Drive Shaft in 2022
    Figure 71. Manufacturing Process Analysis of Drive Shaft
    Figure 72. Industry Chain Structure of Drive Shaft
    Figure 73. Channels of Distribution
    Figure 74. Global Drive Shaft Sales Market Forecast by Region (2024-2029)
    Figure 75. Global Drive Shaft Revenue Market Share Forecast by Region (2024-2029)
    Figure 76. Global Drive Shaft Sales Market Share Forecast by Type (2024-2029)
    Figure 77. Global Drive Shaft Revenue Market Share Forecast by Type (2024-2029)
    Figure 78. Global Drive Shaft Sales Market Share Forecast by Application (2024-2029)
    Figure 79. Global Drive Shaft Revenue Market Share Forecast by Application (2024-2029)

GKN PLc
Nexteer Automotive Group Limited
NTN Corporation
American Axle & Manufacturing Holdings
Hyundai Wia Corporation
Neapco Holdings LLc
Ifa Rotorion - Holding GmbH
Trelleborg AB
NKN, Ltd.
Yamada Manufacturing.

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape