1. www.MarketsandMarkets.com Drive Shaft Market worth 7.2 Billion USD by 2020

2. Drive Shaft Market - Global Forecast and Trends to 2020 The global automotive drive shaft market has been broadly classified into hollow and rigid types. The hollow drive shaft market is estimated to account for the larger share of the global automotive sideshaft types market in 2015. A sideshaft transmits power from the engine through the differential or transfer case to the wheels of an automobile. PDF Brochure @ https://www.marketsandmarkets.com/pdfdownload.asp?id=119146087 https://www.marketsandmarkets.com/pdfdownload.asp?id=119146087

3. Asia-Oceania: High Volume Market The Asia-Oceania region includes developing countries, such as China, India, Japan, and South Korea. Majority of the global vehicle production is concentrated in this region. Customer demand for an improved fuel economy and reduced emissions in the wake of rising pollution levels are driving growth in the automotive sideshaft systems. Manufacturers such as NTN Corporation (Japan), Hyundai Wia Corporation (South Korea), and NKN Ltd. (Japan) are some of the dominant players in this region that are expected to drive the development in the automotive drive shaft market.

4. Hollow sideshaft: Adoption rate is expected to increase by 2020 Following stringent emissions and fuel efficiency regulations in developed regions, the penetration of hollow drive shafts is estimated to be higher in North America and Europe. The market is further estimated to increase with rising production levels after the economic downturn. Given the customer-preferences for fuel efficiency, the regional adoption is varied in these regions. North America is projected to witness a higher demand for hollow drive shafts by 2020, given the growing demand for fuel- efficient and low-emission vehicles in this region. The high rate of technological adoption in these regions is also a driving factor for growth of this market. RequestSample@ https://www.marketsandmarkets.com/requestsample.asp?id=119146087 https://www.marketsandmarkets.com/requestsample.asp?id=119146087

5. The favorable macro factors, such as economical labor, government support for the manufacturing industry, and a large local market have boosted the market for automotive drive shafts in this region. Asia-Oceania, the largest vehicle producer, is also estimated to be the largest sideshaft market in terms of market value. It comprises countries, such as China, India, Japan, and South Korea, where majority of the production is concentrated. OEMs have established their production bases in China, given the attractiveness of the domestic market and the low cost of production. Increasing demand for comfort and stringent fuel efficiency norms are also expected to drive the market for automotive drive shafts.

6. Browse >> 88 market data tables 65 figures 161 pages and in-depth TOC on “Drive Shaft Market - Global Forecast and Trends to 2020” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at US $5650 for single user. Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

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