Press release

Global Cardan Shaft Market growing at a CAGR of 1.6% during 2018-2025

Global Cardan Shaft Market growing at a CAGR of 1.6% during 2018-2025

 

 
This report studies the global Cardan Shaft market status and forecast, categorizes the global Cardan Shaft market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).

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.

GKN dominated the market, with accounted for 11.677% of the Cardan Shaft sales market share in 2016. Dana, IFA Rotorion are the key players and accounted for 5.019%, 3.241% respectively of the overall Cardan Shaft market share in 2016. Global giant market mainly distributed in Asia-Pacific and Europe. It has unshakable status in this field.

Asia-Pacific is the largest consumption region of Cardan Shaft, with a consumption market share nearly 47.32% in 2016. The second place is Europe; following Asia-Pacific with the consumption market share over 24.54% in 2016.

The market is not only influenced by the price, but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The global Cardan Shaft market is valued at 22000 million US$ in 2017 and will reach 25000 million US$ by the end of 2025, growing at a CAGR of 1.6% during 2018-2025.

Request Sample Copy of Report@ https://www.qyresearch.com/sample-form/form/197060/global-cardan-shaft-market

The major manufacturers covered in this report

GKN

Dana

IFA Rotorion

Meritor

AAM

Neapco

JTEKT

Wanxiang Qianchao Group

Showa Corporation

Elbe

GSP Group

Yuandong Drive Shaft

Gewes

Ameridrive

Anhui Taier

Wichmann

Maina

Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering

North America

Europe

China

Japan

Southeast Asia

India

Buy Full Cardan Shaft Market Report Now, Report delivery time within 24 hours @ https://www.qyresearch.com/settlement/pre/c0ff4047a4e3ea7e19f3074c4254d188,0,1,Global%20Cardan%20Shaft%20Market%20Research%20Report%202018

QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.

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