According to Goldstein Research, growing automobile and rising sales of vehicles are the key factors driving the growth of the automotive drive-shafts market. Additionally, rising concerns for fuel efficiency and stringent automotive regulations to curb carbon emission also fueled the demand for lightweight drive-shafts in the market. Stringent government regulations led the automotive component manufacturers to develop lightweight drive-shafts without compromising its performance and quality. The global automotive drive-shaft market industry also includes product development, technological advancements and investment strategies adopted by major market players in order to expand their business across the globe. However, high prices of lightweight drive-shafts and materials such as carbon fibre are expected to hinder the market growth.



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Market Segmentation

On the basis of our in-depth analysis, the global automotive drive-shaft market can be segmented as follows:

· By Product Types

o Flexible Drive-Shaft

o Torque Tube Drive-Shaft

o Hotchkiss Drive-Shaft

· By Vehicle Type

o Passenger Cars

o LCV (Light Commercial vehicles)

o HCV (Heavy Commercial vehicles)

· Based on Geography

o North America (U.S. & Canada) Automotive drive-shaft Market {Market Share (%), Market Size (USD Billion)}

o Latin America (Brazil, Mexico, Argentina & Rest of Latin America) Automotive drive-shaft Market {Market Share (%), Market Size (USD Billion)}

o Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & RoE) Automotive drive-shaft Market {Market Share (%), Market Size (USD Billion)}

o Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) Automotive drive-shaft Market {Market Share (%), Market Size (USD Billion)}

o The Middle East & Africa (GCC, South Africa, North Africa, Rome) Automotive drive-shaft Market {Market Share (%), Market Size (USD Billion)}

“Automotive Drive-Shaft Industry Analysis” contains a detailed overview of the global automotive drive-shaft market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type and by vehicle type.

Further, for the in-depth analysis, Global Automotive Drive-Shaft Market Report encompasses the industry growth drivers, market challenges, risk analysis, market attractiveness, BPS (Base Point Scale) analysis, Porter’s five force model and SWOT analysis. This industry analysis report also includes competitive outlook of some of the major players profiling of companies such as GKN Plc, NTN, Dana Holding Corporation, Nexteer, Hyundai-Wia, Yamada Manufacturing etc. The company profiles include business strategy, geographical revenue distribution, major information of the companies which encompasses business outlook, products, services and industries catered, financial analysis of the company and recent developments. Overall, the report represents the global automotive drive-shaft market trends along with the market forecast that will help industry consultants, technology providers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market-centric strategies according to the ongoing and expected trends in the future.

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