Cardan Shaft, also known as propeller shaft or drive shaft, is a mechanical component used for the transmission of torque and rotation. Cardan Shaft consists of universal joint, shaft yokes and intermediate support, etc. It acts as an intermediate between the driving and the driven shaft that are not aligned on the same axis transferring the running torque smoothly.
This report contains market size and forecasts of Cardan Shaft in global, including the following market information:
Global Cardan Shaft Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Cardan Shaft Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Cardan Shaft companies in 2021 (%)
The global Cardan Shaft market was valued at 15750 million in 2021 and is projected to reach US$ 17990 million by 2028, at a CAGR of 1.9% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Small Series Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Cardan Shaft include GKN, Dana, IFA Group, Meritor, AAM, JTEKT Corporation, Xuchang Yuandong Drive Shaft, Wanxiang Qianchao and Neapco Component, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Cardan Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Cardan Shaft Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Cardan Shaft Market Segment Percentages, by Type, 2021 (%)
Small Series
Medium Series
Heavy Duty Series
Global Cardan Shaft Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Cardan Shaft Market Segment Percentages, by Application, 2021 (%)
Automotive
Manufacturing
Machinery and Equipment
Others
Global Cardan Shaft Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Cardan Shaft Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Cardan Shaft revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Cardan Shaft revenues share in global market, 2021 (%)
Key companies Cardan Shaft sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Cardan Shaft sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GKN
Dana
IFA Group
Meritor
AAM
JTEKT Corporation
Xuchang Yuandong Drive Shaft
Wanxiang Qianchao
Neapco Component
Showa Corporation
GSP Automotive Group Wenzhou Co., Ltd.
Elbe Holding GmbH & Co. KG
Gewes
Taier Heavy Industry
Ameridrive (Altra Industrial Motion Corp.)
WiCHMANN GmbH