Constant Velocity Universal 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 halfshafts and increasingly use them on the propshafts (drive shafts).

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

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

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

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

The global Constant Velocity Universal Joint market was valued at 7942.4 million in 2021 and is projected to reach US$ 9873.5 million by 2028, at a CAGR of 3.2% during the forecast period.

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

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

The global key manufacturers of Constant Velocity Universal Joint include GKN, NTN, AAM, Meritor, Wanxiang, Dana, Nexteer, Hyundai WIA and JTEKT, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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

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

Ball

Fork

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

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

Passenger Vehicle

Commercial Vehicle

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

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

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

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

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

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

GKN

NTN

AAM

Meritor

Wanxiang

Dana

Nexteer

Hyundai WIA

JTEKT

IFA Rotorion

SKF

Seohan Group

Guansheng

Neapco

Feizhou Vehicle

Heri Automotive

Xiangyang Automobile Bearing