The global automotive driveshaft market to grow at a CAGR of 4.76% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global automotive driveshaft market for 2017-2021. To calculate the market size, the report considers the global sales volume of commercial vehicles and passenger cars. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the major drivers for this market is increase in sales of passenger cars. The sales of passenger cars is highly correlated with the market growth of driveshafts as all passenger cars are equipped with driveshafts. Driveshafts in the passenger cars segment contribute to the majority of the global automotive driveshaft market.
The global car sales increased by around 3% in 2015 with SUVs and crossovers accounting for the majority of the sales in the Chinese and the European passenger cars market. SUVs in Europe recorded an increase in their market share by 27% in 2015. AWD and 4WD cars have two separate driveshafts as both sets of wheels require engine torque for rotation.
- American Axle & Manufacturing
- HYUNDAI WIA
Other prominent vendors
- A1 Cardone
- PowerTrain Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key vendor analysis
Part 15: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/5jz2jn/global_automotive