Automotive Drive Shaft Market Drive shaft is also known as tailshaft, propeller shaft, cardan shaft or driving shaft. It takes the power from the engine and delivers it to the wheels. They are the device which is used to drive the car. To absorb the torque of the engine it need to be strong and should be lightweight so that it can reduce the overall weight of the vehicle. For the smooth driveline performance, it should be balanced properly and should spin equal to the torque. They are not used in wheel drive cars and are found in 4WD and AWD cars.
Market Drivers:
When is enclosed in a tube they requires less maintenance as compared to chain systems.
The drive system is less likely to get jammed.
Market Restraints:
Replacing drive shaft can be very expensive which is restraining the market.
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Some of the leading key players profiled in this study:
Few of the major competitors currently working in the automotive drive shaft market are Melrose Industries PLC., Advanced Composite Products & Technology, Inc., American Axle & Manufacturing, Inc., Bailey Morris Limited, D& F Propshafts, Dana Limited, Hyundai Wia, Meritor, Inc., Neapco Inc, Nexteer Automotive, Metal Powder Products Company, The Timken Company, Wanxiang Qianchao Co., Ltd., Xuchang Yuandong Drive Shaft Co., Ltd., Yamada Manufacturing Co., Ltd.
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Key Pointers Covered in the Automotive Drive Shaft Market Trends and Forecast to 2026
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- Automotive Drive Shaft Market New Sales Volumes
- Automotive Drive Shaft Market Replacement Sales Volumes
- Automotive Drive Shaft Market Installed Base
- Automotive Drive Shaft Market By Brands
- Automotive Drive Shaft Market Size
- Automotive Drive Shaft Market Procedure Volumes
- Automotive Drive Shaft Market Product Price Analysis
- Automotive Drive Shaft Market Healthcare Outcomes
- Automotive Drive Shaft Market Cost of Care Analysis
- Automotive Drive Shaft Market Regulatory Framework and Changes
- Automotive Drive Shaft Market Prices and Reimbursement Analysis
- Automotive Drive Shaft Market Shares in Different Regions
- Recent Developments for Automotive Drive Shaft Market Competitors
- Automotive Drive Shaft Market Upcoming Applications
- Automotive Drive Shaft Market Innovators Study
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Scope of the Automotive Drive Shaft Market
- Current and future of Automotive Drive Shaft Market outlook in the developed and emerging markets
- The segment that is expected to dominate the market as well as the segment which holds highest CAGR in the forecast period
- Regions/Countries that are expected to witness the fastest growth rates during the forecast period
- The latest developments, market shares, and strategies that are employed by the major market players
Global Automotive Drive Shaft Market By Type (Propeller Shaft, Haft Shaft), Industry (Passenger Vehicle, Commercial Vehicle), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
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