Global Automotive Drive Shaft Market 2021-2026

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    GLOBAL AUTOMOTIVE DRIVE SHAFT MARKET 

     

    INTRODUCTION

    The drive shaft’s principle of operation is to transfer engine torque from the gearbox or differential to the wheels, which is what it’s called a torque converter. You’ll also need it to adjust for any changes to the angle or length of the joints due to movement and deflection. Outer fixed joint, inner constant velocity joint, and connecting shaft make up the front wheel drive shaft. There are also anti-lock system ring and torsion damper components.

     

    infographic: Automotive Drive Shaft Market, Automotive Drive Shaft Market Size, Automotive Drive Shaft Market trends and forecast, Automotive Drive Shaft Market Risks, Automotive Drive Shaft Market report, Automotive Drive Shaft Market forecast

     

    It’s a slip joint that allows the drive shaft to follow the wheel suspension’s motions. It is necessary for the outboard joint at the front axle (leading axle) to transfer torque efficiently through a broad angle (up to 52 degrees). Back axle outboard joints have a smaller angle. All the time the vehicle is in motion, constant velocity drive shafts are subjected to maximum tension.

     

    The joints and bellows must be able to resist temperatures between minus 40 and + 120 °C, as well as speeds of up to 2800 rpm, in addition to the high displacement angles and translational movement. So that all engine rpms can deliver the needed torque. Constant velocity joints and driveshafts are essential parts of contemporary automobiles, which demand utmost safety from their components. Knocking noises are the most common symptoms of drive shaft issues, and they occur when driving around tight bends, accelerating, or when the suspension is compressed and extended, for example.

     

     

    GLOBAL AUTOMOTIVE DRIVE SHAFT MARKET DYNAMICS

    The drive shaft or propeller shaft in an automobile distributes the engine’s power from the gearbox to the rear axle or front axle. When it comes to rear-wheel or all-wheel drive cars, the use of extruded aluminium drive shaft tubes with Cardan links has been particularly remarkable. This is because aluminium extrusion reduces inertia and vibration dampening. Electric car demand continues to grow in countries like China, the United States, and Norway. In the next few years, automakers aim to introduce more electric car models. The majority of electric car models on the market today and in the future have all-wheel drive.

     

    When broken, automotive drive shafts are expensive to replace. While the automotive drive shaft is a relatively ancient technology, modern solutions are nimbler and more cost-effective. All of these reasons are expected to limit the growth of the automotive drive shaft market in the future.

     

    In the worldwide automotive drive shaft market, manufacturers strive to produce lightweight drive shafts while preserving performance and rigidity. The filament winding production technique is becoming increasingly popular among manufacturers for the fabrication of composite drive shafts. The future forecast for the automotive drive shaft market in Asia Pacific is good.

     

    The automotive drive shaft market is being driven by nations such as India, China, Indonesia, and Thailand, where vehicle manufacturing is increasing to meet demand. Manufacturers have been obliged to lower vehicle weight in order to increase fuel efficiency as a result of environmental protection authority rules and corporate average fuel economy standards. The automotive drive shaft market is expected to benefit from continuously rising investments in the automotive sector in North America and Europe, despite the downturn in car output.

     

     

    GLOBAL AUTOMOTIVE DRIVE SHAFT MARKET SEGMENTATION

     

    The Global Automotive Drive Shaft Market can be segmented into following categories for further analysis.

     

    By Vehicle Infrastructure Type

    • Light Commercial vehicle
    • Heavy Commercial Vehicle
    • Passenger Vehicles
    • Military Modernised Vehicles

     

    By Shaft Position Classification

    • Rear Axle
    • Front Axle

     

    By Class of Propulsion

    • Electric Vehicle
    • Hybrid Vehicle
    • Fossil Fuel Vehicle
    • Specialized Fuel Vehicle
    • Gas Based Vehicle

     

    By Design of Construction

    • Hollow Shaft
    • Solid Shaft

     

    By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT MARKET TECHNOLOGICAL TRENDS IN GLOBAL AUTOMOTIVE DRIVE SHAFT MARKET

    Although each company has a different design approach to the airless tire, most share the same basic concepts. Brake pads are used in disc brake systems and brake shoes are used in drum brake systems. It’s called brake lining, the consumable part sliding on disc/drum surfaces attached to the pad/shoes backing plate. State-of-the-art brake pads are constituted nowadays by resin-bonded composite friction materials, these are specially formulated to give good friction and wear performance

     

    There have been varied levels of formulations majorly on the lines of the research and development completely focused upon the material sciences section of operations. There has been usage of Thermoplastic seal guard with retention feature excludes contaminants for improved seal performance. Handling heavy loads over the long haul has never been easier or more efficient due to the enhanced material design  to offer even greater torque, durability, and savings which also offer 70 percent more power density. No other U-joint meets the needs of high-efficiency truck applications better than the SPL U-joint.

     

    The most recent usage has been of the patented axial cup retention and optimized yoke geometry for 30 percent higher torque and significantly enhanced life cycle which is integrated with a hollow sliding for reduced weight and axial friction forces. As inertial mass and weight are reduced, power transmission is enhanced. Because composite materials have better specific stiffness and specific strength than traditional metallic materials, substituting composite structures for conventional metallic structures provides a number of advantages. In addition, composite drive shafts weigh less than steel or aluminium of comparable strength since the materials may be customised to effectively satisfy the design requirements.

     

     

    COMPETITIVE LANDSCAPE

    There are a variety of ways in which drive shafts can be utilised in different vehicles, including front-wheel drive, four-wheel drive, and the previously stated front-engine, rear-wheel drive combinations. Other vehicles, such as motorbikes, locomotives, and ships, also utilise drive shafts. Due to the fact that various components must be in different places in the vehicle, the drive shaft is largely utilised to transfer torque between components separated by a distance. Due to the fact that the transmission and rear axle are on different sides of the car, a front-engine rear-wheel drive vehicle must have a lengthy drive shaft connecting them.

     

    Hyundai WIA Corporation has been involved in development of various shafts and joints required for the shaft operations within the automotive processes. It has introduced variations of Solid Shaft Friction Welding Hollow Shafts and Monoblock Hollow Shafts which are based to have varied levels of performance requirements. They have dynamic damper and torsional strength as required to have better and optimised NVH Performances within the vehicle of operations.

     

    Dana Corporation has been part of the  production of driveshafts for commercial and passenger class vehicles. Engine down speeding calls for faster axle ratios, which require a stronger, more durable driveshaft to handle the added input torque. SPL 350 main driveshaft and mating SPL 250 inter-axle shaft are specifically designed to handle the greatest amount of torque for severe-duty vocational applications as well as low-emission, high-efficiency trucks. It is also Capable of meeting future fast axle ratio requirements.

     

     

    COMPANIES PROFILED

     

     

    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix

     

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