Automotive Drive Shaft Motor Market Technological Advancements & Competitive Insights to 2011-2021


Posted February 21, 2019 by Market_News

Side shafts play a vital role in the operation of any vehicle. It warrants optimum delivery of power to the wheels of the vehicle.

 
21 Feb 2019 - Global Automotive Drive Shaft Motor Market is expected to witness significant demand over the forecast period. Side shafts play a vital role in the operation of any vehicle. It warrants optimum delivery of power to the wheels of the vehicle. Based on the position and application, the side shaft aids the function of comfortable driving, accommodating steering and suspension vibrations. The lightweight automotive components market is majorly driven by tough regulations from government in order to meet fuel-efficiency demands of end-users coupled with an increase in fuel prices. The design of side shafts is such that it maintains minimum weight, without negotiating on its NVH accommodation characteristics and performance, owing to the property of these components to handle harsh working conditions including optimizing fuel-efficiency and mechanical wear and tear.

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This report studies Automotive Drive Shaft Motor in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with sales, price, revenue and market share for each manufacturer, covering

GKN
NTN
Dana
Nexteer
Hyundai-wia
AAM
SDS
Yuandong
Wanxiang
Guansheng
Lingyun
Dongfeng
Golden
JDS
Sinotruk
On the basis of available types in the automotive drive shaft motor market, this report covers forecasting till 2021 and qualitative and quantitative market sizing for rigid and hollow market for key countries in North America, Europe, Asia-Oceania. Additionally, the report includes market sizing and forecast on the basis of position such as front and rear, and vehicle type such as passenger car, including sedans, hatchbacks, LCV, and SUV/MUV/MPV. Automotive side shafts have evolved on the basis of performance requirement of vehicle applications. In the light commercial vehicles segment, hollow side shafts are slowly gaining prominence and preference over rigid sideshafts. The major motives for this shifting preference is increasing demand for vehicle performance, fuel efficiency, and increasing comfort levels offered by the hollow sideshafts. Several OEMs have been adopting efficient technologies to comply with various regional emission norms in the developed economies.

The growing vehicle production, increase in fuel efficiency provided by these sideshafts, enhanced driving experience and stringent carbon emission regulations and norms have driven the growth of the automotive drive shaft motor market. However, the market is restrained by fluctuating prices of raw materials used to produce the automotive sideshafts in high-volumes. Suppliers are concentrating on developing products and globalization to comply with the present and upcoming emission norms. Suppliers are closely working with OEMs and local partners to develop new technologies and save development costs. This is done by offering efficient technologies in the sideshaft market for this purpose. Producers of sideshafts are working towards offering cost-efficient solutions without negotiating on the performance of the vehicle through their product offerings.

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The market size for automotive drive shaft motor in terms of market, is projected to be the largest on account of its usage in passenger cars across the world. Further, their lightweight helps in enhancing fuel efficiency of vehicles. On the other hand, the rigid sideshafts are essentially used in light commercial vehicles and have a major market in the North American region. The major players in the automotive drive shaft motor market are Nexteer Automotive (U.S.), GKN Plc. (U.K.), NTN Corporation (Japan), Trelleborg AB (Sweden), Hyundai WIA Corporation (South Korea) among others. The report provides a comprehensive review of market drivers, restraints, opportunities, challenges, and key issues in the global automotive drive shaft motor market. It aims to project numbers and estimate the global market for 2015.

Additionally, it aims to estimate the market trend until 2021 for the industry experts in the automotive drive shaft motor market, OEMs, suppliers of sideshafts, distributors of drive train components. Besides the quantitative analysis, the report includes qualitative aspects, including Porter’s Five Force Analysis, PEST analysis, and value analysis for the market. The report is expected to enable new entrants and established firms to understand the market, which might help these firms gain a larger share. Firms purchasing this report could use strategies including product development/innovation, market penetration, market diversification, competitive assessment and market development to strengthen their position in the market.

Market Segment by Regions, this report splits Global into several key Region, with production, consumption, revenue, market share and growth rate of Automotive Drive Shaft Motor in these regions, from 2011 to 2021 (forecast), like

North America
China
Europe
Japan
India
Southeast Asia
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Issued By Million Insights
Country India
Categories Automotive , Business , Transportation
Tags automotive transport , automotive and parts , automotive drive shaft motor market
Last Updated February 21, 2019