Automotive drive shaft is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Automotive drive shaft can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
With the fast increase of automotive production in last years, the automotive drive shaft industry got a rapid development. After the hard times of automotive industry in 2009, the global automotive industry enjoyed best ages. Correspondingly, the automotive drive shaft industry was also in a boom.

In the next years, the growth rate of automotive production may decrease in Europe and US, but the enormous automotive population will provide large market demand. In China, the growth rate of automotive production will still be higher than other regions. The situation of automotive drive shaft industry will be the same.

Many international automotive drive shaft manufacturers have built plants in China and they have occupied large share of automotive drive shaft market. There is large technical gap between automotive drive shafts produced by manufacturers from China and abroad. To maintain market share, these domestic manufacturers must invest more on research and development.

In China, the distribution of automotive manufacturers is relatively concentrated, which means the downstream market is concentrated. To get rid of the limit and reduce the risk, automotive drive shaft manufacturers should seek more automotive manufacturers as cooperative partners.

The Automotive Drive Shaft Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.

The report offers detailed coverage of Automotive Drive Shaft industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Drive Shaft by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Automotive Drive Shaft market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Automotive Drive Shaft market for 2015-2027.

Key Companies
GKN
NTN
Dana
Nexteer
Hyundai-Wia
IFA Rotorion
AAM
JTEKT
Neapco
Meritor
Showa
Seohan
Hitachi
SDS
Yuandong
Wanxiang
Guansheng
Lingyun
Hengli
Danchuan
Fawer
Golden
Dongfeng
JDS
Sinotruk
Lantong

Automotive Drive Shaft Market by Type
Propeller Shaft
Haft Shaft
Automotive Drive Shaft Market by Application
Passenger Vehicle
Commercial Vehicle

Automotive Drive Shaft Market by Region
United States
Europe
China
Japan
Other Regions

Automotive Drive Shaft Market Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa


At the same time, we classify Automotive Drive Shaft according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Automotive Drive Shaft market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Automotive Drive Shaft market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Automotive Drive Shaft market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.

Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Drive Shaft market for the forecast period 2021 - 2027?
• What are the driving forces in the Automotive Drive Shaft market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Drive Shaft industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?

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