Drive Shaft Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2021 - 2026

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Drive Shaft Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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• The drive shaft (driveshaft, driving shaft,
  tailshaft, propeller shaft, or Cardan shaft)
  Market is forecast to reach 8.76.1 billion by
  2025, after growing at a CAGR of 7.12 during
  2020-2025. 
• Another major reason contributing towards the
  growth of the Drive Shaft market is growing
  demand and consequent sales of all-wheel drive
  (AWD) vehicles, as two drive shaft are deployed
  in each vehicle.

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• Key Takeaways
• North America dominated the Drive Shaft market in
  2018, owing to the high demand of commercial and
  electric vehicles.
• Stringency in government regulations coupled with
  high growth in the launch of eco-friendly
  vehicles is anticipated to uplift the growth of
  the market.
• Hollow drive shaft held a largest share in 2018,
  due to its flexible and light design contributing
  towards the growth of the market during the
  forecast periods. 

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By Distribution Channel- Segment Analysis In the
recent yeas (2018-2019), the high growth in the
demand of heavy and light commercial vehicles
across the major countries such as the U.S.,
China, Japan, Germany, is one of the major factor
contributing towards the growth of the Drive
Shaft market. According to OICA in 2018, the
total number of commercial vehicles manufactured
in the U.S. was 8,51,8734 units. In the recent
yeas (2018-2019), the high growth in the demand
of heavy and light commercial vehicles across the
major countries such as the U.S., China, Japan,
Germany, is one of the major factor contributing
towards the growth of the Drive Shaft market. 
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• Automotive Wiring Harness Market Industry
  Outlook 
• GKN PLC
• Hyundai Wia Corporation
• Ifa Rotorion-Holding GmbH
• Neapco Holdings LLC
• Nexteer Automotive Group Limited
• NKN, Ltd.

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Drive Shaft Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Research/Drive-Shaft-M
arket-Research-501147
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• You Can Customize the Report as Per Your Need.
  We have included Some Customization Options
• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
• Purchase Full Report _at_ https//www.industryarc.com
  /purchasereport.php?id 501147

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Reddy Contact (1) 970-236-3677 Email
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