Drive Shaft Market - Global Forecast and Trends to 2020

Drive Shaft Market by Type (Rigid & Hollow Drive Shaft), Position (Rear & Front Drive Shaft), Vehicle Type (Passenger Car (Hatchback, Sedan, SUV/MUV/MPV, Others) & LCV), & by Region - Global Forecast and Trends to 2020 Automotive sideshafts play a vital role in the operation of any vehicle. It ensures optimum delivery of power to the wheels of the vehicle. Based on the application and position, the sideshaft serves the function of comfortable driving, and accommodating suspension vibrations and steering. Stringent fuel- efficiency demands from government regulations and end-users, following an increase in fuel prices have driven the need for lightweight automotive components. PDF

Asia-Oceania: High Volume Market The Asia-Oceania region includes developing countries, such as China, India, Japan, and South Korea. Majority of the global vehicle production is concentrated in this region. Customer demand for an improved fuel economy and reduced emissions in the wake of rising pollution levels are driving growth in the automotive sideshaft systems. Manufacturers such as NTN Corporation (Japan), Hyundai Wia Corporation (South Korea), and NKN Ltd. (Japan) are some of the dominant players in this region that are expected to drive the development in the automotive drive shaft market.

Hollow sideshaft: Adoption rate is expected to increase by 2020 Following stringent emissions and fuel efficiency regulations in developed regions, the penetration of hollow drive shafts is estimated to be higher in North America and Europe. The market is further estimated to increase with rising production levels after the economic downturn. Given the customer-preferences for fuel efficiency, the regional adoption is varied in these regions. North America is projected to witness a higher demand for hollow drive shafts by 2020, given the growing demand for fuel-efficient and low-emission vehicles in this region. Request

Browse >> 88 market data tables 65 figures 151 pages and in-depth TOC on “Drive Shaft Market – Global Forecast and Trends to 2020” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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