Automotive Constant Velocity Joint Market

Constant-velocity joints (CV joints) allow a drive shaft to transmit power through a variable angle, at constant rotational speed, without an appreciable increase in friction or play. They are mainly used in front wheel drive vehicles, and many modern rear wheel drive cars with independent rear suspension typically use CV joints at the ends of the rear axle half shafts and increasingly use them on the prop shafts (drive shafts).

Automotive Constant Velocity Joint Market contains market size and forecasts of Automotive Constant Velocity Joint in global, including the following market information:

Global Automotive Constant Velocity Joint Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Constant Velocity Joint Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automotive Constant Velocity Joint companies in 2021 (%)

The global Automotive Constant Velocity Joint market was valued at 5003 million in 2021 and is projected to reach US$ 5601.3 million by 2028, at a CAGR of 1.6% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Outboard Joints Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Constant Velocity Joint include GKN, NTN, SDS, Nexteer, Wanxiang, Hyundai WIA, Neapco, Guansheng and SKF, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Constant Velocity Joint 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 Automotive Constant Velocity Joint Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Constant Velocity Joint Market Segment Percentages, by Type, 2021 (%)

Outboard Joints

Inboard Joints

Global Automotive Constant Velocity Joint Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Constant Velocity Joint Market Segment Percentages, by Application, 2021 (%)

Passenger Vehicle

Commercial Vehicle

Global Automotive Constant Velocity Joint Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Constant Velocity Joint 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 Automotive Constant Velocity Joint revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Constant Velocity Joint revenues share in global market, 2021 (%)

Key companies Automotive Constant Velocity Joint sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Automotive Constant Velocity Joint sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

GKN

NTN

SDS

Nexteer

Wanxiang

Hyundai WIA

Neapco

Guansheng

SKF

Seohan Group

IFA Rotorion

JTEKT

Xiangyang Automobile Bearing

AAM

Heri Automotive