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The Side Shaft provides the dynamic connection between engine and driving wheels, transmitting power and allowing steering angles whilst accommodating suspension movements and isolating vibrations. Each side shaft has two constant velocity joints – a fixed joint at the wheel end and a plunging joint at the gearbox end, connected by an interconnecting shaft. Automotive Side Shafts play a vital role in the operation of any vehicle. It ensures optimum delivery of power to the wheels of the vehicle.
Many international side shaft manufacturers have built plants in China and they have occupied large share of automotive side shaft market. There is large technical gap between automotive side shafts produced by manufacturers from China and abroad. To maintain market share, these domestic manufacturers must invest more on research and development.
In application, side shaft is wide and recently has acquired increasing significance in various fields of passenger vehicle and commercial vehicle. Globally, the side shaft market is mainly driven by growing demand for passenger vehicle which accounts for nearly 85.76% of total downstream consumption of shafts used in automotive in global.
In the future, global market is expected to witness steady growth on account of rising applications, so in the next few years, side shafts production will show a trend of steady growth. In 2021 the production of side shaft is estimated to be 245.8 Million Units. On product prices, the slow downward trend in recent years will maintain in the future.
According to this study, over the next five years the Side Shaft market will register a 1.5% CAGR in terms of revenue, the global market size will reach US$ 14100 million by 2024, from US$ 12900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Side Shaft business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Side Shaft market by product type, application, key manufacturers and key regions and countries.
This study considers the Side Shaft value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Rear Side Shaft
Front Side Shaft
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
GKN
NTN
Hyundai-wia
Nexteer
KOFCO
Wanxiang
Neapco
JTEKT
Guansheng
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Side Shaft consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Side Shaft market by identifying its various subsegments.
Focuses on the key global Side Shaft manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Side Shaft with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Side Shaft submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
Table of Contents
2019-2024 Global Side Shaft Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Side Shaft Consumption 2014-2024
2.1.2 Side Shaft Consumption CAGR by Region
2.2 Side Shaft Segment by Type
2.2.1 Rear Side Shaft
2.2.2 Front Side Shaft
2.3 Side Shaft Consumption by Type
2.3.1 Global Side Shaft Consumption Market Share by Type (2014-2019)
2.3.2 Global Side Shaft Revenue and Market Share by Type (2014-2019)
2.3.3 Global Side Shaft Sale Price by Type (2014-2019)
2.4 Side Shaft Segment by Application
2.4.1 Passenger Vehicles
2.4.2 Commercial Vehicles
2.5 Side Shaft Consumption by Application
2.5.1 Global Side Shaft Consumption Market Share by Application (2014-2019)
2.5.2 Global Side Shaft Value and Market Share by Application (2014-2019)
2.5.3 Global Side Shaft Sale Price by Application (2014-2019)
3 Global Side Shaft by Players
3.1 Global Side Shaft Sales Market Share by Players
3.1.1 Global Side Shaft Sales by Players (2017-2019)
3.1.2 Global Side Shaft Sales Market Share by Players (2017-2019)
3.2 Global Side Shaft Revenue Market Share by Players
3.2.1 Global Side Shaft Revenue by Players (2017-2019)
3.2.2 Global Side Shaft Revenue Market Share by Players (2017-2019)
3.3 Global Side Shaft Sale Price by Players
3.4 Global Side Shaft Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Side Shaft Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Side Shaft Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) (2017-2019)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 Side Shaft by Regions
4.1 Side Shaft by Regions
4.1.1 Global Side Shaft Consumption by Regions
4.1.2 Global Side Shaft Value by Regions
4.2 Americas Side Shaft Consumption Growth
4.3 APAC Side Shaft Consumption Growth
4.4 Europe Side Shaft Consumption Growth
4.5 Middle East & Africa Side Shaft Consumption Growth
5 Americas
5.1 Americas Side Shaft Consumption by Countries
5.1.1 Americas Side Shaft Consumption by Countries (2014-2019)
5.1.2 Americas Side Shaft Value by Countries (2014-2019)
5.2 Americas Side Shaft Consumption by Type
5.3 Americas Side Shaft Consumption by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Key Economic Indicators of Few Americas Countries
6 APAC
6.1 APAC Side Shaft Consumption by Countries
6.1.1 APAC Side Shaft Consumption by Countries (2014-2019)
6.1.2 APAC Side Shaft Value by Countries (2014-2019)
6.2 APAC Side Shaft Consumption by Type
6.3 APAC Side Shaft Consumption by Application
6.4 China
6.5 Japan
6.6 Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 Key Economic Indicators of Few APAC Countries
7 Europe
7.1 Europe Side Shaft by Countries
7.1.1 Europe Side Shaft Consumption by Countries (2014-2019)
7.1.2 Europe Side Shaft Value by Countries (2014-2019)
7.2 Europe Side Shaft Consumption by Type
7.3 Europe Side Shaft Consumption by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
7.9 Spain
7.10 Key Economic Indicators of Few Europe Countries
8 Middle East & Africa
8.1 Middle East & Africa Side Shaft by Countries
8.1.1 Middle East & Africa Side Shaft Consumption by Countries (2014-2019)
8.1.2 Middle East & Africa Side Shaft Value by Countries (2014-2019)
8.2 Middle East & Africa Side Shaft Consumption by Type
8.3 Middle East & Africa Side Shaft Consumption by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers and Impact
9.1.1 Growing Demand from Key Regions
9.1.2 Growing Demand from Key Applications and Potential Industries
9.2 Market Challenges and Impact
9.3 Market Trends
10 Marketing, Distributors and Customer
10.1 Sales Channel
10.1.1 Direct Channels
10.1.2 Indirect Channels
10.2 Side Shaft Distributors
10.3 Side Shaft Customer
11 Global Side Shaft Market Forecast
11.1 Global Side Shaft Consumption Forecast (2019-2024)
11.2 Global Side Shaft Forecast by Regions
11.2.1 Global Side Shaft Forecast by Regions (2019-2024)
11.2.2 Global Side Shaft Value Forecast by Regions (2019-2024)
11.2.3 Americas Consumption Forecast
11.2.4 APAC Consumption Forecast
11.2.5 Europe Consumption Forecast
11.2.6 Middle East & Africa Consumption Forecast
11.3 Americas Forecast by Countries
11.3.1 United States Market Forecast
11.3.2 Canada Market Forecast
11.3.3 Mexico Market Forecast
11.3.4 Brazil Market Forecast
11.4 APAC Forecast by Countries
11.4.1 China Market Forecast
11.4.2 Japan Market Forecast
11.4.3 Korea Market Forecast
11.4.4 Southeast Asia Market Forecast
11.4.5 India Market Forecast
11.4.6 Australia Market Forecast
11.5 Europe Forecast by Countries
11.5.1 Germany Market Forecast
11.5.2 France Market Forecast
11.5.3 UK Market Forecast
11.5.4 Italy Market Forecast
11.5.5 Russia Market Forecast
11.5.6 Spain Market Forecast
11.6 Middle East & Africa Forecast by Countries
11.6.1 Egypt Market Forecast
11.6.2 South Africa Market Forecast
11.6.3 Israel Market Forecast
11.6.4 Turkey Market Forecast
11.6.5 GCC Countries Market Forecast
11.7 Global Side Shaft Forecast by Type
11.8 Global Side Shaft Forecast by Application
12 Key Players Analysis
12.1 GKN
12.1.1 Company Details
12.1.2 Side Shaft Product Offered
12.1.3 GKN Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.1.4 Main Business Overview
12.1.5 GKN News
12.2 NTN
12.2.1 Company Details
12.2.2 Side Shaft Product Offered
12.2.3 NTN Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.2.4 Main Business Overview
12.2.5 NTN News
12.3 Hyundai-wia
12.3.1 Company Details
12.3.2 Side Shaft Product Offered
12.3.3 Hyundai-wia Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.3.4 Main Business Overview
12.3.5 Hyundai-wia News
12.4 Nexteer
12.4.1 Company Details
12.4.2 Side Shaft Product Offered
12.4.3 Nexteer Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.4.4 Main Business Overview
12.4.5 Nexteer News
12.5 KOFCO
12.5.1 Company Details
12.5.2 Side Shaft Product Offered
12.5.3 KOFCO Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.5.4 Main Business Overview
12.5.5 KOFCO News
12.6 Wanxiang
12.6.1 Company Details
12.6.2 Side Shaft Product Offered
12.6.3 Wanxiang Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.6.4 Main Business Overview
12.6.5 Wanxiang News
12.7 Neapco
12.7.1 Company Details
12.7.2 Side Shaft Product Offered
12.7.3 Neapco Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.7.4 Main Business Overview
12.7.5 Neapco News
12.8 JTEKT
12.8.1 Company Details
12.8.2 Side Shaft Product Offered
12.8.3 JTEKT Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.8.4 Main Business Overview
12.8.5 JTEKT News
12.9 Guansheng
12.9.1 Company Details
12.9.2 Side Shaft Product Offered
12.9.3 Guansheng Side Shaft Sales, Revenue, Price and Gross Margin (2017-2019)
12.9.4 Main Business Overview
12.9.5 Guansheng News
13 Research Findings and Conclusion
List of Tables and Figures
Figure Picture of Side Shaft
Table Product Specifications of Side Shaft
Figure Side Shaft Report Years Considered
Figure Market Research Method
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