Cardan Shaft Market

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.

Cardan Shaft Market 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