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