Automotive Drive Shafts Market to Hit US$8.9 Billion by 2024: Global Industry Analysis, Trend, Size, Share and Forecast

ResearchMoz added Latest Research Report titled " Automotive Drive Shafts Market - Global Industry Analysis, Trend, Size, Share and Forecast 2016 - 2024 " to it's Large Report database.

Global Automotive Drive Shafts Market: Overview

The automotive drive shafts market across the globe is anticipated to witness a stable growth during the forecast period from 2016 to 2024. Automotive drive shafts are mechanical components used for transferring torque from the engine to the other end of the vehicle before it reaches the wheels. These components are automotive drive shafts made up of steel, aluminum and carbon fiber. Automotive drive shafts made of aluminum are light and sturdy at the same time which enables the drive shafts to be balanced, produce more rotating speed and also reduces the overall weight of the vehicle. Aluminum drive shafts are light and sturdy, enabling the overall weight of the vehicle to be light and require less fuel. Aluminum drive shafts are also more balanced and produces more rotating speed. Steel drive shafts are very heavy and requires a lot of horsepower to transmit torque and rotate. It makes the overall weight of the vehicle very heavy, requiring more fuel to run. .

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Global Automotive Drive Shafts Market: Segmentation

By types, the market has been segmented into hotchkiss drive shafts, flexible drive shafts and torque tube drive shafts. Hotchkiss drive shafts are the most popular form of shafts used for rear axle suspension and are commonly found in heavy commercial vehicles and passenger cars. Flexible drive shaft types have high longevity and permits continuous rotation in vehicles even at high speed. These are mostly found in passenger cars and light commercial vehicles. Use of torque tube drive shaft is comparatively less widespread than hotchkiss drive shaft system and flexible drive shaft system. It is mostly found in heavy commercial vehicles with front engine and rear drive. Torque tube drive shaft types are typically heavier and produces greater up sprung weight on the vehicle. The automotive drive shafts can also be judged based on their position which in turn depends on whether the vehicle is Front Wheel Drive (FWD) or Rear Wheel Drive (RWD). Front Wheel Drive vehicles are always the preferred choice since they are more fuel efficient and weigh less enabling the vehicle to be aerodynamic. The FWD vehicles also cost less compared to RWD vehicles, therefore their production and use is higher. In recent years, all the passenger cars and light commercial vehicles are FWD and their drive shafts are placed likewise. This positioning also protects the vehicles in case of accidents.

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Table of Content

Section 01 Preface
1.1. Research Scope& Market Segmentation
1.2. Research Highlights
1.3. Research Objectives
1.4. Key Questions Answered

Section 02 Assumptions and Research Methodology

Section 03 Executive Summary

Section 04 Market Overview
4.1. Product Overview
4.2. Market Indicators
4.3. Drivers and Restraints Snapshot Analysis

Section 05 Market Dynamics
5.1. Drivers and Restraints: Snapshot Analysis

Section 06 Global Automotive Drive Shafts Market Outlook
6.1. Global Automotive Drive Shafts Market Analysis: By Vehicle Type
6.2. Global Automotive Drive Shafts Market Analysis : By Shafts Types
6.3. Global Automotive Drive Shafts Market Analysis : By Position Type

Section 07 North America Automotive Drive Shafts Market Analysis and Revenue Forecast (2016-2024)
7.1. North America Automotive Drive Shafts Market Analysis, By Vehicle Type
7.1.1. Heavy Commercial Vehicles
7.1.2. Passenger Cars
7.1.3. Light Commercial Vehicles

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