Sep 5, 2017   SOURCE: PR NewsWire

Global Automotive Drive Shafts Market to Reach $9.5 Billion by 2025 - Increasing Demand from Heavy Commercial Vehicles

DUBLIN, September 5, 2017 /PRNewswire/ --

The "Global Automotive Drive Shafts Market Analysis & Trends - Industry Forecast to 2025" report has been added to Research and Markets' offering.

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The Global Automotive Drive Shafts Market is poised to grow at a CAGR of around 7.0% over the next decade to reach approximately $9.52 billion by 2025. Some of the prominent trends that the market is witnessing include increasing demand from heavy commercial vehicles, growing investments in research & development, and growing automotive sector in emerging countries.

Based on shaft type the market is categorized into flexible drive shaft, torque tube drive shaft, and hotchkiss drive shaft. By material type the market is segmented by aluminium, steel, and other material types. Depending on the design type the market is classified into solid drive shafts, hollow drive shafts.

On basis of position the market is divided into rear wheel drive shaft, front wheel drive shaft. Based on vehicle type the market is categorized into passenger cars, light commercial vehicle, and heavy commercial vehicles.

The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.

Current Trends: 

    --  Increasing demand from heavy commercial vehicles
    --  Growing investments in research & development
    --  Growing automotive sector in emerging countries

Companies Mentioned 

    --  GKN PLC
    --  ACPT Inc.
    --  American Axle Manufacturing Inc.
    --  Bailey Morris limited
    --  D & F Propshafts
    --  Dana Incorporated
    --  Hyundai Wia Corporation
    --  Meritor Inc.
    --  Neapco Holdings, LLC.
    --  Nexteer Automotive
    --  Metal Powder Products Company
    --  The Timken Company
    --  Wanxiang Qianchao Co., Ltd.
    --  Xuchang Yuangdong Drive Shaft Co., Ltd.
    --  Yamada Manufacturing Co., Ltd.

Key Topics Covered:

1 Market Outline

2 Executive Summary

3 Market Overview

4 Automotive Drive Shafts Market, By Shaft Type

5 Automotive Drive Shafts Market, By Material Type

6 Automotive Drive Shafts Market, By Design Type

7 Automotive Drive Shafts Market, By Position

8 Automotive Drive Shafts Market, By Vehicle Type

9 Automotive Drive Shafts Market, By Geography

10 Key Player Activities

11 Leading Companies

For more information about this report visit https://www.researchandmarkets.com/research/66jhrk/global_automotive

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SOURCE Research and Markets