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Cardan Shaft Market will reach 25000 million US$ by the end of 2025

The global Cardan Shaft market is valued at 22000 million US$ in 2017 and will reach 25000 million US$ by the end of 2025, growing at a CAGR of 1.6% during 2018-2025.
Published 11 July 2018
This report studies the global Cardan Shaft market status and forecast, categorizes the global Cardan Shaft market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

Cardan Shaft, also known as propeller shaft or drive shaft, is a mechanical component used for the transmission of torque and rotation. Cardan Shaft consists of universal joint, shaft yokes and intermediate support, etc. It acts as an intermediate between the driving and the driven shaft that are not aligned on the same axis transferring the running torque smoothly.

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GKN dominated the market, with accounted for 11.677% of the Cardan Shaft sales market share in 2016. Dana, IFA Rotorion are the key players and accounted for 5.019%, 3.241% respectively of the overall Cardan Shaft market share in 2016. Global giant market mainly distributed in Asia-Pacific and Europe. It has unshakable status in this field.

Asia-Pacific is the largest consumption region of Cardan Shaft, with a consumption market share nearly 47.32% in 2016. The second place is Europe; following Asia-Pacific with the consumption market share over 24.54% in 2016.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The global Cardan Shaft market is valued at 22000 million US$ in 2017 and will reach 25000 million US$ by the end of 2025, growing at a CAGR of 1.6% during 2018-2025.

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The major manufacturers covered in this report

    GKN

    Dana

    IFA Rotorion

    Meritor

    AAM

    Neapco

    JTEKT

    Wanxiang Qianchao Group

    Showa Corporation

    Elbe

    GSP Group

    Yuandong Drive Shaft

    Gewes

    Ameridrive

    Anhui Taier

    Wichmann

    Maina

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

    North America

    Europe

    China

    Japan

    Southeast Asia

    India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

    Small Series

    Medium Series

    Heavy Duty Series

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

    Automotive

    Manufacturing

    Machinery & Equipment

    Other Application

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