Nov 30, 2017   SOURCE: BusinessWire

Global Automotive Sideshaft Market - Analysis, Trends & Forecasts to 2021 - Research and Markets

The "Global Automotive Sideshaft Market 2017-2021" report has been added to Research and Markets' offering.

The analysts forecast the global automotive sideshaft market to grow at a CAGR of 4.12% during the period 2017-2021.

The report, Global Automotive Sideshaft Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

One trend in the market is advanced material technology in sideshaft. Carbon fiber technology has emerged as one of the promising alternatives for future materials as automakers are working hard to reduce the fuel consumption and meet the US Corporate Average Fuel Economy (CAF) standards and EU's CO2 emission requirements.

According to the report, one driver in the market is market penetration of SUVs. The automotive industry is proliferating with innovations. Automakers are trying to manufacture compact vehicles to meet the demand of young generation with the mindset of power with efficiency. New stringent emission laws are making the automakers to shift their strategy toward electric power. In China, SUV production is expected to grow up to 7 million by 2018 despite the weakening market performance of the passenger cars segment, which slumped to near about 4% in 2015 from 9% in 2014. The sales of the compact SUVs would be the primary driving factor for the purchase of the passenger cars in the country.

Key vendors

  • GKN
  • NTN
  • Dana
  • Nexteer Automotive

Other prominent vendors

  • Hyundai WIA
  • IFA Group
  • American Axle and Manufacturing (AAM)
  • JTEKT Corporation
  • NEAPCO
  • KINGTIME GROUP

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Application

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/cgsntz/global_automotive