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Automotive Intermediate Shaft Market Outlook (2023 to 2033)

According to Future Market Insights, the Automotive Intermediate shaft market reached US$ 6,016.9 million in 2018. Worldwide demand for Automotive Intermediate shaft saw a 2.5% year-on-year growth in 2022, suggesting an expansion of the market to US$ 6,450 million in 2023. Projections for the period between 2023 and 2033 indicate a 2.8 % compound annual growth rate (CAGR) for Automotive Intermediate shaft sales, resulting in a market size of US$ 8,501.4 million by the end of 2033.

Automotive intermediate shafts are now required in the automotive industry to provide maximum vehicle performance. They play an important part in automotive developments by transmitting torque and improving drivetrain efficiency.

Other Drivers Propelling the Demand for Automotive Intermediate shafts include:

  • Growing automotive market and vehicle sales drive demand for automotive components like intermediate shafts.
  • Advanced transmission systems like DCTs and CVTs utilize intermediate shafts for efficient power delivery, driving the demand for these components in both conventional and electrified vehicles.
  • Expanding global automotive aftermarket drives demand for intermediate shafts as aging vehicles require replacement of worn-out components, contributing to overall market growth.

Challenges for Companies /Manufacturers of Automotive Intermediate Shaft:

  • Cost pressures drive automotive manufacturers and intermediate shaft suppliers to optimize production, source affordable materials, and manage expenses for competitiveness.
  • Adapting to evolving technologies and customer demands poses a challenge for intermediate shaft manufacturers, which requires Research and Development investments to enhance performance, durability, and lightweight designs to meet market expectations.
  • Gaining a competitive edge in a congested industry necessitates new products, quality, dependability, competitive pricing, and great customer service in the automobile market.

Opportunities in the Market:

  • The surge in electric vehicle adoption creates a significant market opportunity for the automotive intermediate shaft market. As EVs rely on specialized intermediate shafts to transfer power between the electric motor and wheels, the growing EV market drives demand for electric vehicle-specific intermediate shafts.
  • Leveraging lightweight and advanced materials in intermediate shaft manufacturing, such as high-strength alloys and carbon fiber composites, enhances performance and durability, providing a competitive advantage in meeting evolving automotive market demands.
  • Collaborative partnerships between automotive manufacturers, suppliers, and research institutions unlock technological advancements, shared knowledge, and improved product development, fostering innovation and gaining a competitive edge through resource and expertise synergies.
  • Technological advancements in the automotive intermediate shafts, including precision machining, 3D printing, and advanced sensor integration, enhance production efficiency, quality, real-time performance monitoring, and predictive maintenance capabilities.

Latest Trends in the Market:

  • Automotive manufacturers prioritize Noise, Vibration and Harshness reduction, designing intermediate shafts with advanced dampening techniques and precision balancing to enhance driving comfort and perceived vehicle quality.
  • In order to streamline production, decrease weight, and boost assembly and performance, automakers are embracing modular and integrated shaft systems that combine many functions into a single element.
  • Expanding aftermarket for automotive intermediate shafts driven by replacement and customization needs, offering opportunities for high-quality, reliable aftermarket solutions.
  • Integration of advanced sensors and connectivity in intermediate shafts enables real-time monitoring of performance, facilitating predictive maintenance and optimizing vehicle performance through data analysis.
Attributes Details
Automotive Intermediate shaft Market Size (2023) US$ 6,450.0 million
Automotive Intermediate shaft Market Projected Size (2033) US$ 8,501.4 million
Value CAGR (2023 to 2033) 2.8%

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2018 to 2022 Automotive Intermediate shaft Demand Outlook Compared to 2023 to 2033 Forecast

From 2018 to 2022, the global Automotive Intermediate shaft market experienced a CAGR of 1.4%, reaching a market size of US$ 6,016.9 million in 2023.

From 2018 to 2022, the global automotive intermediate shaft market experienced consistent growth driven by the increasing demand for power transmission components. The automotive sector's expansion and the need for efficient power transfer in vehicles contributed to the rising adoption of automotive intermediate shafts. Additionally, stringent market regulations and performance requirements set by governments worldwide played a crucial role in driving market growth during this period.

Future Forecast for Automotive Intermediate shaft Market

Looking ahead, the global market is projected to grow at a CAGR of 2.8% from 2023 to 2033. During this forecast period, the market size is expected to reach US$ 8,501.4 million.

The market is anticipated to sustain its growth momentum from 2023 to 2033, propelled by factors such as increasing vehicle production, advancements in transmission systems, and the expanding electric and hybrid vehicle market. The need for efficient power transmission and improved fuel efficiency will drive the demand for automotive intermediate shafts during the forecast period.

The Asia Pacific region is expected to witness significant market growth, primarily driven by the booming automotive market in countries like China and India. However, the market may face challenges due to the cost factors related to raw material, labor cost and transportation.

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Comparative View of the Automotive Intermediate shaft Market

Automotive Intermediate shaft Market:

Attributes Automotive Intermediate shaft Market
CAGR (2023 to 2033) 2.8%
Market Value (2033) US$ 8,501.4 million
Opportunity In order to fulfil the changing demands of the automobile market, manufacturers of intermediate shafts can gain a competitive edge by utilizing lightweight and cutting-edge materials like high-strength alloys.
Key Trends Growing popularity of electric and hybrid vehicles. As more consumers adopt these vehicles, there will be an increased demand for advanced gearbox systems that can optimize performance and efficiency.

Locomotive drive shaft Market:

Attributes Locomotive drive shaft Market
CAGR (2023 to 2033) 4.1%
Market Value (2033) US$ 605 Million
Opportunity The replacement of aging locomotives is creating new opportunities and demand for products.
Key Trends Manufacturers prioritize reliable, safe locomotive shafts through enhanced strength, design, and rigorous testing for extreme conditions.

Automotive Axle and Propeller shaft Market:

Attributes Automotive Axle and Propeller shaft Market
CAGR (2023 to 2033) 3.7%
Market Value (2033) US$ 47.1 Billion
Opportunity Rapid automotive technological advancements drive the need for innovative axle and propeller shaft designs to support electric/hybrid vehicles, autonomous driving, and lightweight materials.
Key Trends Increasing adoption of electric and hybrid vehicles, driving the demand for lightweight and efficient axle and propeller shaft systems capable of accommodating alternative power sources.

Country-Wise Insights

Automotive Intermediate shaft Market to Surge in the China Amid huge demand in Vehicle production.

Country China
Market Size (US$ million) by End of Forecast Period (2033) US$ 2,162.6 million
CAGR % 2023 to End of Forecast (2033) 3.4%

Market in the China is expected to reach a market share of US$ 2,162.6 million by 2033, expanding at a CAGR of 3.4%. The Automotive Intermediate shaft market in the China is expected to witness growth due to the vehicle production. Additionally, there are a few other factors expected to drive the demand for Automotive Intermediate shafts in the country are:

  • Stringent regulations and demand for fuel efficiency in China drive the adoption of lightweight intermediate shafts.
  • Continuous technological advancements in China's automotive market drive the development of advanced intermediate shafts for improved vehicle performance and efficiency.

Rising Demand for Automotive Intermediate shafts in Automotive Market to Propel the Germany Market Growth

Country Germany
Market Size (US$ million) by End of Forecast Period (2033) US$ 693.5 million
CAGR % 2023 to End of Forecast (2033) 3.0%

The market in the Germany is expected to reach a market share of US$ 693.5 million, expanding at a CAGR of 3.0 % during the forecast period. The Germany market is projected to experience growth owing to the rising demand for Automotive Intermediate shafts in the Automotive Market. With increasing awareness about safety concerns, both among vehicle manufacturers and consumers, there has been a greater focus on enhancing the safety features of automobiles.

The market is expected to witness notable expansion as manufacturers focus on integrating cutting-edge technologies into their intermediate shafts.

Country Japan
Market Size (US$ million) by End of Forecast Period (2033) US$ 792.1 million
CAGR % 2023 to End of Forecast (2033) 2.60 %

Market in Japan is anticipated to reach a market share of US$ 792.1 million, moving at a CAGR of 2.60 % during the forecast period. Technological advancements have played a pivotal role in driving the growth of the intermediate shaft market in Japan. As technology continues to evolve, automotive manufacturers in Japan have been able to develop and integrate advanced drivetrain systems, resulting in increased demand for improved intermediate shafts.

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Category-Wise Insights

Passenger Car Segment to Dominate Automotive Intermediate shaft Market with 2.8% CAGR through 2033

With a CAGR of 2.8% from 2022 to 2033, the passenger car segment is anticipated to lead the market.

The demand for passenger cars is anticipated to remain high on a global scale due to several factors, including urbanization, improved living standards, and the convenience associated with private transportation. Consequently, this sustained demand for passenger cars directly translates into an increased demand for intermediate shafts in the global market.

How the Solid Intermediate shaft segmentation is driving the Automotive Intermediate shaft Market?

The Solid Intermediate shaft is expected to dominate the market with a CAGR of 3.0% from 2022 to 2033. This segment captures a significant market share in 2023 due to high-quality intermediate shafts that met the specific requirements. Solid intermediate shafts can be tailored to different vehicle types, including passenger cars, commercial vehicles, and off-road vehicles. Each vehicle type has unique requirements in terms of power transmission, torque capacity, and durability. Manufacturers are developing intermediate shafts that precisely meet the specifications and demands of each segment, leading to enhanced performance and customer satisfaction.

How Key Players Stay Competitive in the Market?

There are several players seeking for market share in the fiercely competitive automotive intermediate shaft sector. Key players in this situation need to use smart tactics to beat the opposition.

Key Strategies Adopted by the Players

  • Product Innovation

In order to bring new products to market that offer better efficiency, dependability, and cost-effectiveness, businesses invest a lot of money in research and development. Product innovation enables businesses to differentiate themselves from competition and change their strategies to meet changing customer demands.

  • Strategic Partnerships and Collaborations

Strategic partnerships and collaborations between leading organizations in the sector are frequently formed to take advantage of one another's advantages and broaden their market reach. These partnerships can give businesses access to emerging markets and technologies.

  • Expansion into Emerging Markets

In developing nations like China and India, market is expanding significantly. Important firms are creating local manufacturing facilities and bolstering their distribution networks in an effort to increase their market share.

  • Performance Optimization

Digital solutions optimize automotive intermediate shaft performance by leveraging data analytics and AI algorithms to identify areas for improvement, optimize torque transmission, minimize energy wastage, and refine designs to meet market demands.

Key Players

  • GKN Automotive Limited
  • NTN Corporation
  • Dana Incorporated
  • JTEKT Corporation
  • Nexteer Automotive
  • Hanglong Automotive
  • Namyang
  • KKmetals
  • NSK
  • Mundo Automotive

Key Developments in the Automotive Intermediate shaft Market:

  • In June 2023, Nexteer Automotive, a leading automotive technology supplier, unveiled a groundbreaking innovation in luxury vehicle manufacturing—an advanced intermediate shaft crafted from premium steel. This cutting-edge component represents a significant leap forward in enhancing the driving experience by delivering an exceptionally smooth and comfortable ride.
  • In March 2023, Dana Incorporated announced a strategic partnership with a top producer of electric vehicles, in order to create cutting-edge intermediate shaft solutions for electric drivetrains. The partnership intends to improve the effectiveness and performance of electric vehicles by utilizing Dana's knowledge of driveline systems and electric propulsion technology. This collaboration shows Dana's dedication to promoting the research and development of intermediate shafts for use in electric mobility.
  • In May 2023, the new lightweight and small Intermediate Propshaft (IPS) for electric cars (EVs) will be available according to GKN Automotive. Improved EV performance and range are a result of the IPS's use of cutting-edge materials and design strategies that reduce weight and increase efficiency. The IPS is a component of GKN Auto motive’s broader efforts to create cutting-edge driveline solutions for the expanding EV market.

Segmentation Analysis of the Automotive Intermediate shaft Market

By Shaft Type:

  • Solid Intermediate Shaft
  • Hollow Intermediate Shaft

By Material:

  • Steel Intermediate Shaft
  • Aluminium Intermediate Shaft
  • Composite Intermediate Shaft

By Vehicle Type:

  • Passenger Cars
  • Light Commercial Vehicles
  • Heavy Commercial Vehicles

By Sales Channel:

  • OEM
  • Aftermarket

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Central Asia
  • Russia & Belarus
  • Balkan and Baltic Countries
  • East Asia
  • South Asia and Pacific
  • Middle East & Africa

Frequently Asked Questions

What is the Current Automotive Intermediate Shaft Market Valuation?

The market is estimated to secure a valuation of US$ 6,450 in 2023.

What Drives Sales of Automotive Intermediate Shafts?

Growing automotive market and vehicle sales and advanced transmission systems like DCTs and CVTs drive market sales.

What are the Key Challenges for Companies in the Automotive Intermediate Shaft Market?

Gaining a competitive edge in a congested industry and adapting to evolving technologies and customer demands can be challenging for companies.

What is a key Trend in the Automotive Intermediate Shaft Market?

Expanding aftermarket driven by replacement and customization needs, offering opportunities for high-quality, reliable aftermarket solutions.

What will be the size of the Automotive Intermediate Shaft Market in China by 2033?

The market size of China by the end of 2033 is expected to be US$ 2,162.6 million.

What is the Projected Growth Trajectory for Japan's Automotive Intermediate Shaft Market?

Japan’s market is expected to progress at a CAGR of 2.6% through 2033.

Table of Content

1. Executive Summary

    1.1. Global Market Outlook

    1.2. Demand Side Trends

    1.3. Supply Side Trends

    1.4. Technology Roadmap

    1.5. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

    4.3. Strategic Promotional Strategies

5. Global Market Demand Analysis 2018 to 2022 and Forecast, 2023 to 2033

    5.1. Historical Market Volume (Units) Analysis, 2018–2022

    5.2. Current and Future Market Volume (Units) Projections, 2023 to 2033

    5.3. Y-o-Y Growth Trend Analysis

6. Global Market - Pricing Analysis

    6.1. Regional Pricing Analysis By Shaft Type

    6.2. Global Average Pricing Analysis Benchmark

7. Global Market Demand (in Value or Size in US$ Million) Analysis 2018 to 2022 and Forecast, 2023 to 2033

    7.1. Historical Market Value (US$ Million) Analysis, 2018–2022

    7.2. Current and Future Market Value (US$ Million) Projections, 2023 to 2033

        7.2.1. Y-o-Y Growth Trend Analysis

        7.2.2. Absolute $ Opportunity Analysis

8. Market Background

    8.1. Macro-Economic Factors

        8.1.1. Global GDP Growth Outlook

        8.1.2. Global Automotive industry Overview

        8.1.3. Manufacturing Value-Added

        8.1.4. Industry Value Added

        8.1.5. Parent Market Outlook

        8.1.6. Other Macro-Economic Factors

    8.2. Forecast Factors - Relevance & Impact

        8.2.1. Top Companies Historical Growth

        8.2.2. GDP Growth forecast

        8.2.3. Manufacturing Industry forecast

        8.2.4. Global Urbanization Growth Outlook

        8.2.5. Business Climate

        8.2.6. Covid-19 Impact Assessment

        8.2.7. End-use Industry Growth Outlook

    8.3. Value Chain

        8.3.1. Product Manufacturers

        8.3.2. End Users

        8.3.3. Avg. Profitability Margins

    8.4. COVID-19 Crisis – Impact Assessment

        8.4.1. Current Statistics

        8.4.2. Short-Mid-Long Term Outlook

        8.4.3. Likely Rebound

    8.5. Market Dynamics

        8.5.1. Drivers

        8.5.2. Restraints

        8.5.3. Opportunity Analysis

    8.6. Global Supply Demand Analysis

    8.7. Key Regulations & Certifications

    8.8. Production Process Overview

    8.9. Trade Scenario

9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Shaft Type

    9.1. Introduction / Key Findings

    9.2. Historical Market Size (US$ Million) and Volume Analysis By Shaft Type, 2018–2022

    9.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Shaft Type, 2023 to 2033

        9.3.1. Solid Intermediate Shaft

        9.3.2. Hollow Intermediate Shaft

    9.4. Market Attractiveness Analysis By Shaft Type

10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material Type

    10.1. Introduction / Key Findings

    10.2. Historical Market Size (US$ Million) and Volume Analysis By Material Type, 2018–2022

    10.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Material Type, 2023 to 2033

        10.3.1. Steel Intermediate Shaft

        10.3.2. Aluminium Intermediate Shaft

        10.3.3. Composite Intermediate Shaft

    10.4. Market Attractiveness Analysis By Material Type

11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type

    11.1. Introduction / Key Findings

    11.2. Historical Market Size (US$ Million) and Volume Analysis By Vehicle Type, 2018–2022

    11.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Vehicle Type, 2023 to 2033

        11.3.1. Passenger Cars

        11.3.2. Light Commercial Vehicles

        11.3.3. Heavy Commercial Vehicles

    11.4. Market Attractiveness Analysis By Vehicle Type

12. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel

    12.1. Introduction / Key Findings

    12.2. Historical Market Size (US$ Million) and Volume Analysis By Sales Channel, 2018–2022

    12.3. Current and Future Market Size (US$ Million) and Volume Analysis and Forecast By Sales Channel, 2023 to 2033

        12.3.1. OEM

        12.3.2. Aftermarket

    12.4. Market Attractiveness Analysis By Sales Channel

13. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, by Region

    13.1. Introduction

    13.2. Historical Market Size (US$ Million) and Volume Analysis By Region, 2018–2022

    13.3. Current Market Size (US$ Million) and Volume Analysis and Forecast By Region, 2023 to 2033

        13.3.1. North America

        13.3.2. Latin America

        13.3.3. Western Europe

        13.3.4. Eastern Europe

        13.3.5. Central Asia

        13.3.6. Russia & Belarus

        13.3.7. Balkan & Baltic Countries

        13.3.8. East Asia

        13.3.9. South Asia and Pacific

        13.3.10. Middle East and Africa (MEA)

    13.4. Market Attractiveness Analysis By Region

14. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    14.1. Introduction

    14.2. Pricing Analysis

    14.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    14.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        14.4.1. By Country

            14.4.1.1. U.S.

            14.4.1.2. Canada

        14.4.2. By Shaft Type

        14.4.3. By Material Type

        14.4.4. By Vehicle Type

        14.4.5. By Sales Channel

    14.5. Market Attractiveness Analysis

        14.5.1. By Country

        14.5.2. By Shaft Type

        14.5.3. By Material Type

        14.5.4. By Vehicle Type

        14.5.5. By Sales Channel

    14.6. Market Trends

    14.7. Key Market Participants - Intensity Mapping

    14.8. Drivers and Restraints - Impact Analysis

15. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    15.1. Introduction

    15.2. Pricing Analysis

    15.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    15.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        15.4.1. By Country

            15.4.1.1. Brazil

            15.4.1.2. Mexico

            15.4.1.3. Argentina

            15.4.1.4. Rest of Latin America

        15.4.2. By Shaft Type

        15.4.3. By Material Type

        15.4.4. By Vehicle Type

        15.4.5. By Sales Channel

    15.5. Market Attractiveness Analysis

        15.5.1. By Country

        15.5.2. By Shaft Type

        15.5.3. By Material Type

        15.5.4. By Vehicle Type

        15.5.5. By Sales Channel

    15.6. Market Trends

    15.7. Key Market Participants - Intensity Mapping

    15.8. Drivers and Restraints - Impact Analysis

16. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    16.1. Introduction

    16.2. Pricing Analysis

    16.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    16.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        16.4.1. By Country

            16.4.1.1. Germany

            16.4.1.2. Italy

            16.4.1.3. France

            16.4.1.4. U.K.

            16.4.1.5. Spain

            16.4.1.6. BENELUX

            16.4.1.7. NORDICS

            16.4.1.8. Rest of Western Europe

        16.4.2. By Shaft Type

        16.4.3. By Material Type

        16.4.4. By Vehicle Type

        16.4.5. By Sales Channel

    16.5. Market Attractiveness Analysis

        16.5.1. By Country

        16.5.2. By Shaft Type

        16.5.3. By Material Type

        16.5.4. By Vehicle Type

        16.5.5. By Sales Channel

    16.6. Market Trends

    16.7. Key Market Participants - Intensity Mapping

    16.8. Drivers and Restraints - Impact Analysis

17. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    17.1. Introduction

    17.2. Pricing Analysis

    17.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    17.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        17.4.1. By Country

            17.4.1.1. Poland

            17.4.1.2. Hungary

            17.4.1.3. Romania

            17.4.1.4. Czech Republic

            17.4.1.5. Rest of Eastern Europe

        17.4.2. By Shaft Type

        17.4.3. By Material Type

        17.4.4. By Vehicle Type

        17.4.5. By Sales Channel

    17.5. Market Attractiveness Analysis

        17.5.1. By Country

        17.5.2. By Shaft Type

        17.5.3. By Material Type

        17.5.4. By Vehicle Type

        17.5.5. By Sales Channel

    17.6. Market Trends

    17.7. Key Market Participants - Intensity Mapping

    17.8. Drivers and Restraints - Impact Analysis

18. Central Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    18.1. Introduction

    18.2. Pricing Analysis

    18.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    18.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        18.4.1. By Shaft Type

        18.4.2. By Material Type

        18.4.3. By Vehicle Type

        18.4.4. By Sales Channel

    18.5. Market Attractiveness Analysis

        18.5.1. By Shaft Type

        18.5.2. By Material Type

        18.5.3. By Vehicle Type

        18.5.4. By Sales Channel

    18.6. Market Trends

    18.7. Key Market Participants - Intensity Mapping

    18.8. Drivers and Restraints - Impact Analysis

19. Russia & Belarus Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    19.1. Introduction

    19.2. Pricing Analysis

    19.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    19.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        19.4.1. By Shaft Type

        19.4.2. By Material Type

        19.4.3. By Vehicle Type

        19.4.4. By Sales Channel

    19.5. Market Attractiveness Analysis

        19.5.1. By Shaft Type

        19.5.2. By Material Type

        19.5.3. By Vehicle Type

        19.5.4. By Sales Channel

    19.6. Market Trends

    19.7. Key Market Participants - Intensity Mapping

    19.8. Drivers and Restraints - Impact Analysis

20. Balkan & Baltic Countries Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    20.1. Introduction

    20.2. Pricing Analysis

    20.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    20.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        20.4.1. By Shaft Type

        20.4.2. By Material Type

        20.4.3. By Vehicle Type

        20.4.4. By Sales Channel

    20.5. Market Attractiveness Analysis

        20.5.1. By Shaft Type

        20.5.2. By Material Type

        20.5.3. By Vehicle Type

        20.5.4. By Sales Channel

    20.6. Market Trends

    20.7. Key Market Participants - Intensity Mapping

    20.8. Drivers and Restraints - Impact Analysis

21. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    21.1. Introduction

    21.2. Pricing Analysis

    21.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    21.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        21.4.1. By Country

            21.4.1.1. China

            21.4.1.2. Japan

            21.4.1.3. South Korea

        21.4.2. By Shaft Type

        21.4.3. By Material Type

        21.4.4. By Vehicle Type

        21.4.5. By Sales Channel

    21.5. Market Attractiveness Analysis

        21.5.1. By Country

        21.5.2. By Shaft Type

        21.5.3. By Material Type

        21.5.4. By Vehicle Type

        21.5.5. By Sales Channel

    21.6. Market Trends

    21.7. Key Market Participants - Intensity Mapping

    21.8. Drivers and Restraints - Impact Analysis

22. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    22.1. Introduction

    22.2. Pricing Analysis

    22.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    22.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        22.4.1. By Country

            22.4.1.1. India

            22.4.1.2. ASEAN

            22.4.1.3. Oceania

            22.4.1.4. Rest of South Asia & Pacific

        22.4.2. By Shaft Type

        22.4.3. By Material Type

        22.4.4. By Vehicle Type

        22.4.5. By Sales Channel

    22.5. Market Attractiveness Analysis

        22.5.1. By Country

        22.5.2. By Shaft Type

        22.5.3. By Material Type

        22.5.4. By Vehicle Type

        22.5.5. By Sales Channel

    22.6. Market Trends

    22.7. Key Market Participants - Intensity Mapping

    22.8. Drivers and Restraints - Impact Analysis

23. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033

    23.1. Introduction

    23.2. Pricing Analysis

    23.3. Historical Market Size (US$ Million) and Volume Trend Analysis By Market Taxonomy, 2018–2022

    23.4. Market Size (US$ Million) and Volume Forecast By Market Taxonomy, 2023 to 2033

        23.4.1. By Country

            23.4.1.1. GCC Countries

            23.4.1.2. Türkiye

            23.4.1.3. Northern Africa

            23.4.1.4. South Africa

            23.4.1.5. Rest of Middle East and Africa

        23.4.2. By Shaft Type

        23.4.3. By Material Type

        23.4.4. By Vehicle Type

        23.4.5. By Sales Channel

    23.5. Market Attractiveness Analysis

        23.5.1. By Country

        23.5.2. By Shaft Type

        23.5.3. By Material Type

        23.5.4. By Vehicle Type

        23.5.5. By Sales Channel

    23.6. Market Trends

    23.7. Key Market Participants - Intensity Mapping

    23.8. Drivers and Restraints - Impact Analysis

24. Country-wise Market Analysis

    24.1. Introduction

        24.1.1. Market Value Proportion Analysis, By Key Countries

        24.1.2. Global Vs. Country Growth Comparison

    24.2. U.S. Market Analysis

        24.2.1. By Shaft Type

        24.2.2. By Material Type

        24.2.3. By Vehicle Type

        24.2.4. By Sales Channel

    24.3. Canada Market Analysis

        24.3.1. By Shaft Type

        24.3.2. By Material Type

        24.3.3. By Vehicle Type

        24.3.4. By Sales Channel

    24.4. Mexico Market Analysis

        24.4.1. By Shaft Type

        24.4.2. By Material Type

        24.4.3. By Vehicle Type

        24.4.4. By Sales Channel

    24.5. Brazil Market Analysis

        24.5.1. By Shaft Type

        24.5.2. By Material Type

        24.5.3. By Vehicle Type

        24.5.4. By Sales Channel

    24.6. Argentina Market Analysis

        24.6.1. By Shaft Type

        24.6.2. By Material Type

        24.6.3. By Vehicle Type

        24.6.4. By Sales Channel

    24.7. Germany Market Analysis

        24.7.1. By Shaft Type

        24.7.2. By Material Type

        24.7.3. By Vehicle Type

        24.7.4. By Sales Channel

    24.8. Italy Market Analysis

        24.8.1. By Shaft Type

        24.8.2. By Material Type

        24.8.3. By Vehicle Type

        24.8.4. By Sales Channel

    24.9. France Market Analysis

        24.9.1. By Shaft Type

        24.9.2. By Material Type

        24.9.3. By Vehicle Type

        24.9.4. By Sales Channel

    24.10. U.K. Market Analysis

        24.10.1. By Shaft Type

        24.10.2. By Material Type

        24.10.3. By Vehicle Type

        24.10.4. By Sales Channel

    24.11. Spain Market Analysis

        24.11.1. By Shaft Type

        24.11.2. By Material Type

        24.11.3. By Vehicle Type

        24.11.4. By Sales Channel

    24.12. NORDICS Market Analysis

        24.12.1. By Shaft Type

        24.12.2. By Material Type

        24.12.3. By Vehicle Type

        24.12.4. By Sales Channel

    24.13. Poland Market Analysis

        24.13.1. By Shaft Type

        24.13.2. By Material Type

        24.13.3. By Vehicle Type

        24.13.4. By Sales Channel

    24.14. Hungary Market Analysis

        24.14.1. By Shaft Type

        24.14.2. By Material Type

        24.14.3. By Vehicle Type

        24.14.4. By Sales Channel

    24.15. Romania Market Analysis

        24.15.1. By Shaft Type

        24.15.2. By Material Type

        24.15.3. By Vehicle Type

        24.15.4. By Sales Channel

    24.16. Czech Republic Market Analysis

        24.16.1. By Shaft Type

        24.16.2. By Material Type

        24.16.3. By Vehicle Type

        24.16.4. By Sales Channel

    24.17. China Market Analysis

        24.17.1. By Shaft Type

        24.17.2. By Material Type

        24.17.3. By Vehicle Type

        24.17.4. By Sales Channel

    24.18. Japan Market Analysis

        24.18.1. By Shaft Type

        24.18.2. By Material Type

        24.18.3. By Vehicle Type

        24.18.4. By Sales Channel

    24.19. S. Korea Market Analysis

        24.19.1. By Shaft Type

        24.19.2. By Material Type

        24.19.3. By Vehicle Type

        24.19.4. By Sales Channel

    24.20. India Market Analysis

        24.20.1. By Shaft Type

        24.20.2. By Material Type

        24.20.3. By Vehicle Type

        24.20.4. By Sales Channel

    24.21. ASEAN Market Analysis

        24.21.1. By Shaft Type

        24.21.2. By Material Type

        24.21.3. By Vehicle Type

        24.21.4. By Sales Channel

    24.22. Australia and New Zealand Market Analysis

        24.22.1. By Shaft Type

        24.22.2. By Material Type

        24.22.3. By Vehicle Type

        24.22.4. By Sales Channel

    24.23. KSA Market Analysis

        24.23.1. By Shaft Type

        24.23.2. By Material Type

        24.23.3. By Vehicle Type

        24.23.4. By Sales Channel

    24.24. UAE Market Analysis

        24.24.1. By Shaft Type

        24.24.2. By Material Type

        24.24.3. By Vehicle Type

        24.24.4. By Sales Channel

    24.25. Northern Africa Market Analysis

        24.25.1. By Shaft Type

        24.25.2. By Material Type

        24.25.3. By Vehicle Type

        24.25.4. By Sales Channel

    24.26. Turkey Market Analysis

        24.26.1. By Shaft Type

        24.26.2. By Material Type

        24.26.3. By Vehicle Type

        24.26.4. By Sales Channel

    24.27. South Africa Market Analysis

        24.27.1. By Shaft Type

        24.27.2. By Material Type

        24.27.3. By Vehicle Type

        24.27.4. By Sales Channel

    24.28. Israel Market Analysis

        24.28.1. By Shaft Type

        24.28.2. By Material Type

        24.28.3. By Vehicle Type

        24.28.4. By Sales Channel

25. Market Structure Analysis

    25.1. Market Analysis by Tier of Companies (Automotive Intermediate shaft)

    25.2. Market Concentration

    25.3. Market Share Analysis of Top Players

    25.4. Production Capacity Analysis

    25.5. Market Presence Analysis

        25.5.1. By Vehicle Type Footprint of Players

        25.5.2. By Regional Footprint of Players

        25.5.3. By Channel Footprint of Players

26. Competition Analysis

    26.1. Competition Dashboard

    26.2. Competition Benchmarking

    26.3. Competition Deep Dive

        26.3.1. GKN Automotive Limited

            26.3.1.1. Overview

            26.3.1.2. Product Portfolio

            26.3.1.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.1.4. Sales Footprint

            26.3.1.5. Strategy Overview

        26.3.2. NTN Corporation

            26.3.2.1. Overview

            26.3.2.2. Product Portfolio

            26.3.2.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.2.4. Sales Footprint

            26.3.2.5. Strategy Overview

        26.3.3. Dana Incorporated

            26.3.3.1. Overview

            26.3.3.2. Product Portfolio

            26.3.3.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.3.4. Sales Footprint

            26.3.3.5. Strategy Overview

        26.3.4. JTEKT Corporation

            26.3.4.1. Overview

            26.3.4.2. Product Portfolio

            26.3.4.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.4.4. Sales Footprint

            26.3.4.5. Strategy Overview

        26.3.5. Nexteer Automotive

            26.3.5.1. Overview

            26.3.5.2. Product Portfolio

            26.3.5.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.5.4. Sales Footprint

            26.3.5.5. Strategy Overview

        26.3.6. NSK

            26.3.6.1. Overview

            26.3.6.2. Product Portfolio

            26.3.6.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.6.4. Sales Footprint

            26.3.6.5. Strategy Overview

        26.3.7. NAMYANG

            26.3.7.1. Overview

            26.3.7.2. Product Portfolio

            26.3.7.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.7.4. Sales Footprint

            26.3.7.5. Strategy Overview

        26.3.8. Mando Automotive

            26.3.8.1. Overview

            26.3.8.2. Product Portfolio

            26.3.8.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.8.4. Sales Footprint

            26.3.8.5. Strategy Overview

        26.3.9. Henglong Automotive

            26.3.9.1. Overview

            26.3.9.2. Product Portfolio

            26.3.9.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.9.4. Sales Footprint

            26.3.9.5. Strategy Overview

        26.3.10. KKmetals

            26.3.10.1. Overview

            26.3.10.2. Product Portfolio

            26.3.10.3. Profitability by Market Segments (Product/Channel/Region)

            26.3.10.4. Sales Footprint

            26.3.10.5. Strategy Overview

27. Primary Insights

28. Assumptions and Acronyms Used

29. Research Methodology

List of Tables

Figure 1: Global Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 2: Global Market Value (US$ Million) by Material, 2022 & 2032

Figure 3: Global Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 4: Global Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 5: Global Market Value (US$ Million) by Region, 2022 & 2032

Figure 6: Global Market Value (US$ Million) Analysis by Region, 2017 & 2032

Figure 7: Global Market Volume (Units) Analysis by Region, 2017 & 2032

Figure 8: Global Market Value Share (%) and BPS Analysis by Region, 2022 & 2032

Figure 9: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032

Figure 10: Global Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 11: Global Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 12: Global Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 13: Global Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 14: Global Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 15: Global Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 16: Global Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 17: Global Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 18: Global Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 19: Global Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 20: Global Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 21: Global Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 22: Global Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 23: Global Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 24: Global Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 25: Global Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 26: Global Market Attractiveness by Shaft Type, 2022 to 2032

Figure 27: Global Market Attractiveness by Material, 2022 to 2032

Figure 28: Global Market Attractiveness by Vehicle type, 2022 to 2032

Figure 29: Global Market Attractiveness by Sales Channel, 2022 to 2032

Figure 30: Global Market Attractiveness by Region, 2022 to 2032

Figure 31: North America Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 32: North America Market Value (US$ Million) by Material, 2022 & 2032

Figure 33: North America Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 34: North America Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 35: North America Market Value (US$ Million) by Country, 2022 & 2032

Figure 36: North America Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 37: North America Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 38: North America Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 39: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 40: North America Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 41: North America Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 42: North America Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 43: North America Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 44: North America Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 45: North America Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 46: North America Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 47: North America Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 48: North America Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 49: North America Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 50: North America Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 51: North America Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 52: North America Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 53: North America Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 54: North America Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 55: North America Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 56: North America Market Attractiveness by Shaft Type, 2022 to 2032

Figure 57: North America Market Attractiveness by Material, 2022 to 2032

Figure 58: North America Market Attractiveness by Vehicle type, 2022 to 2032

Figure 59: North America Market Attractiveness by Sales Channel, 2022 to 2032

Figure 60: North America Market Attractiveness by Country, 2022 to 2032

Figure 61: Latin America Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 62: Latin America Market Value (US$ Million) by Material, 2022 & 2032

Figure 63: Latin America Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 64: Latin America Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 65: Latin America Market Value (US$ Million) by Country, 2022 & 2032

Figure 66: Latin America Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 67: Latin America Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 68: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 69: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 70: Latin America Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 71: Latin America Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 72: Latin America Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 73: Latin America Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 74: Latin America Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 75: Latin America Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 76: Latin America Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 77: Latin America Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 78: Latin America Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 79: Latin America Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 80: Latin America Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 81: Latin America Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 82: Latin America Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 83: Latin America Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 84: Latin America Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 85: Latin America Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 86: Latin America Market Attractiveness by Shaft Type, 2022 to 2032

Figure 87: Latin America Market Attractiveness by Material, 2022 to 2032

Figure 88: Latin America Market Attractiveness by Vehicle type, 2022 to 2032

Figure 89: Latin America Market Attractiveness by Sales Channel, 2022 to 2032

Figure 90: Latin America Market Attractiveness by Country, 2022 to 2032

Figure 91: Western Europe Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 92: Western Europe Market Value (US$ Million) by Material, 2022 & 2032

Figure 93: Western Europe Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 94: Western Europe Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 95: Western Europe Market Value (US$ Million) by Country, 2022 & 2032

Figure 96: Western Europe Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 97: Western Europe Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 98: Western Europe Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 99: Western Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 100: Western Europe Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 101: Western Europe Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 102: Western Europe Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 103: Western Europe Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 104: Western Europe Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 105: Western Europe Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 106: Western Europe Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 107: Western Europe Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 108: Western Europe Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 109: Western Europe Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 110: Western Europe Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 111: Western Europe Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 112: Western Europe Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 113: Western Europe Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 114: Western Europe Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 115: Western Europe Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 116: Western Europe Market Attractiveness by Shaft Type, 2022 to 2032

Figure 117: Western Europe Market Attractiveness by Material, 2022 to 2032

Figure 118: Western Europe Market Attractiveness by Vehicle type, 2022 to 2032

Figure 119: Western Europe Market Attractiveness by Sales Channel, 2022 to 2032

Figure 120: Western Europe Market Attractiveness by Country, 2022 to 2032

Figure 121: Eastern Europe Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 122: Eastern Europe Market Value (US$ Million) by Material, 2022 & 2032

Figure 123: Eastern Europe Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 124: Eastern Europe Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 125: Eastern Europe Market Value (US$ Million) by Country, 2022 & 2032

Figure 126: Eastern Europe Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 127: Eastern Europe Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 128: Eastern Europe Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 129: Eastern Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 130: Eastern Europe Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 131: Eastern Europe Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 132: Eastern Europe Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 133: Eastern Europe Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 134: Eastern Europe Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 135: Eastern Europe Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 136: Eastern Europe Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 137: Eastern Europe Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 138: Eastern Europe Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 139: Eastern Europe Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 140: Eastern Europe Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 141: Eastern Europe Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 142: Eastern Europe Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 143: Eastern Europe Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 144: Eastern Europe Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 145: Eastern Europe Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 146: Eastern Europe Market Attractiveness by Shaft Type, 2022 to 2032

Figure 147: Eastern Europe Market Attractiveness by Material, 2022 to 2032

Figure 148: Eastern Europe Market Attractiveness by Vehicle type, 2022 to 2032

Figure 149: Eastern Europe Market Attractiveness by Sales Channel, 2022 to 2032

Figure 150: Eastern Europe Market Attractiveness by Country, 2022 to 2032

Figure 151: East Asia Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 152: East Asia Market Value (US$ Million) by Material, 2022 & 2032

Figure 153: East Asia Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 154: East Asia Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 155: East Asia Market Value (US$ Million) by Country, 2022 & 2032

Figure 156: East Asia Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 157: East Asia Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 158: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 159: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 160: East Asia Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 161: East Asia Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 162: East Asia Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 163: East Asia Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 164: East Asia Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 165: East Asia Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 166: East Asia Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 167: East Asia Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 168: East Asia Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 169: East Asia Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 170: East Asia Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 171: East Asia Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 172: East Asia Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 173: East Asia Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 174: East Asia Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 175: East Asia Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 176: East Asia Market Attractiveness by Shaft Type, 2022 to 2032

Figure 177: East Asia Market Attractiveness by Material, 2022 to 2032

Figure 178: East Asia Market Attractiveness by Vehicle type, 2022 to 2032

Figure 179: East Asia Market Attractiveness by Sales Channel, 2022 to 2032

Figure 180: East Asia Market Attractiveness by Country, 2022 to 2032

Figure 181: South Asia Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 182: South Asia Market Value (US$ Million) by Material, 2022 & 2032

Figure 183: South Asia Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 184: South Asia Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 185: South Asia Market Value (US$ Million) by Country, 2022 & 2032

Figure 186: South Asia Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 187: South Asia Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 188: South Asia Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 189: South Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 190: South Asia Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 191: South Asia Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 192: South Asia Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 193: South Asia Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 194: South Asia Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 195: South Asia Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 196: South Asia Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 197: South Asia Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 198: South Asia Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 199: South Asia Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 200: South Asia Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 201: South Asia Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 202: South Asia Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 203: South Asia Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 204: South Asia Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 205: South Asia Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 206: South Asia Market Attractiveness by Shaft Type, 2022 to 2032

Figure 207: South Asia Market Attractiveness by Material, 2022 to 2032

Figure 208: South Asia Market Attractiveness by Vehicle type, 2022 to 2032

Figure 209: South Asia Market Attractiveness by Sales Channel, 2022 to 2032

Figure 210: South Asia Market Attractiveness by Country, 2022 to 2032

Figure 211: MEA Market Value (US$ Million) by Shaft Type, 2022 & 2032

Figure 212: MEA Market Value (US$ Million) by Material, 2022 & 2032

Figure 213: MEA Market Value (US$ Million) by Vehicle type, 2022 & 2032

Figure 214: MEA Market Value (US$ Million) by Sales Channel, 2022 & 2032

Figure 215: MEA Market Value (US$ Million) by Country, 2022 & 2032

Figure 216: MEA Market Value (US$ Million) Analysis by Country, 2017 & 2032

Figure 217: MEA Market Volume (Units) Analysis by Country, 2017 & 2032

Figure 218: MEA Market Value Share (%) and BPS Analysis by Country, 2022 & 2032

Figure 219: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032

Figure 220: MEA Market Value (US$ Million) Analysis by Shaft Type, 2017 & 2032

Figure 221: MEA Market Volume (Units) Analysis by Shaft Type, 2017 & 2032

Figure 222: MEA Market Value Share (%) and BPS Analysis by Shaft Type, 2022 & 2032

Figure 223: MEA Market Y-o-Y Growth (%) Projections by Shaft Type, 2022 to 2032

Figure 224: MEA Market Value (US$ Million) Analysis by Material, 2017 & 2032

Figure 225: MEA Market Volume (Units) Analysis by Material, 2017 & 2032

Figure 226: MEA Market Value Share (%) and BPS Analysis by Material, 2022 & 2032

Figure 227: MEA Market Y-o-Y Growth (%) Projections by Material, 2022 to 2032

Figure 228: MEA Market Value (US$ Million) Analysis by Vehicle type, 2017 & 2032

Figure 229: MEA Market Volume (Units) Analysis by Vehicle type, 2017 & 2032

Figure 230: MEA Market Value Share (%) and BPS Analysis by Vehicle type, 2022 & 2032

Figure 231: MEA Market Y-o-Y Growth (%) Projections by Vehicle type, 2022 to 2032

Figure 232: MEA Market Value (US$ Million) Analysis by Sales Channel, 2017 & 2032

Figure 233: MEA Market Volume (Units) Analysis by Sales Channel, 2017 & 2032

Figure 234: MEA Market Value Share (%) and BPS Analysis by Sales Channel, 2022 & 2032

Figure 235: MEA Market Y-o-Y Growth (%) Projections by Sales Channel, 2022 to 2032

Figure 236: MEA Market Attractiveness by Shaft Type, 2022 to 2032

Figure 237: MEA Market Attractiveness by Material, 2022 to 2032

Figure 238: MEA Market Attractiveness by Vehicle type, 2022 to 2032

Figure 239: MEA Market Attractiveness by Sales Channel, 2022 to 2032

Figure 240: MEA Market Attractiveness by Country, 2022 to 2032

List of Charts

Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 & 2032

Table 2: Global Market Volume (Units) Forecast by Region, 2017 & 2032

Table 3: Global Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 4: Global Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 5: Global Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 6: Global Market Volume (Units) Forecast by Material, 2017 & 2032

Table 7: Global Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 8: Global Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 9: Global Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 10: Global Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 11: North America Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 12: North America Market Volume (Units) Forecast by Country, 2017 & 2032

Table 13: North America Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 14: North America Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 15: North America Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 16: North America Market Volume (Units) Forecast by Material, 2017 & 2032

Table 17: North America Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 18: North America Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 19: North America Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 20: North America Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 21: Latin America Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 22: Latin America Market Volume (Units) Forecast by Country, 2017 & 2032

Table 23: Latin America Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 24: Latin America Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 25: Latin America Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 26: Latin America Market Volume (Units) Forecast by Material, 2017 & 2032

Table 27: Latin America Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 28: Latin America Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 29: Latin America Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 30: Latin America Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 31: Western Europe Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 32: Western Europe Market Volume (Units) Forecast by Country, 2017 & 2032

Table 33: Western Europe Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 34: Western Europe Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 35: Western Europe Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 36: Western Europe Market Volume (Units) Forecast by Material, 2017 & 2032

Table 37: Western Europe Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 38: Western Europe Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 39: Western Europe Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 40: Western Europe Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 41: Eastern Europe Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 42: Eastern Europe Market Volume (Units) Forecast by Country, 2017 & 2032

Table 43: Eastern Europe Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 44: Eastern Europe Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 45: Eastern Europe Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 46: Eastern Europe Market Volume (Units) Forecast by Material, 2017 & 2032

Table 47: Eastern Europe Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 48: Eastern Europe Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 49: Eastern Europe Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 50: Eastern Europe Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 51: East Asia Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 52: East Asia Market Volume (Units) Forecast by Country, 2017 & 2032

Table 53: East Asia Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 54: East Asia Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 55: East Asia Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 56: East Asia Market Volume (Units) Forecast by Material, 2017 & 2032

Table 57: East Asia Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 58: East Asia Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 59: East Asia Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 60: East Asia Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 61: South Asia Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 62: South Asia Market Volume (Units) Forecast by Country, 2017 & 2032

Table 63: South Asia Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 64: South Asia Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 65: South Asia Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 66: South Asia Market Volume (Units) Forecast by Material, 2017 & 2032

Table 67: South Asia Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 68: South Asia Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 69: South Asia Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 70: South Asia Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

Table 71: MEA Market Value (US$ Million) Forecast by Country, 2017 & 2032

Table 72: MEA Market Volume (Units) Forecast by Country, 2017 & 2032

Table 73: MEA Market Value (US$ Million) Forecast by Shaft Type, 2017 & 2032

Table 74: MEA Market Volume (Units) Forecast by Shaft Type, 2017 & 2032

Table 75: MEA Market Value (US$ Million) Forecast by Material, 2017 & 2032

Table 76: MEA Market Volume (Units) Forecast by Material, 2017 & 2032

Table 77: MEA Market Value (US$ Million) Forecast by Vehicle type, 2017 & 2032

Table 78: MEA Market Volume (Units) Forecast by Vehicle type, 2017 & 2032

Table 79: MEA Market Value (US$ Million) Forecast by Sales Channel, 2017 & 2032

Table 80: MEA Market Volume (Units) Forecast by Sales Channel, 2017 & 2032

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