Drive Shaft Market to Grow at a Remarkable Pace in the Coming Years.

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Drive Shaft Market - Global Forecast and Trends
to 2020
www.MarketsandMarkets.com
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Drive Shaft Market by Type (Rigid Hollow Drive
Shaft), Position (Rear Front Drive Shaft),
Vehicle Type (Passenger Car (Hatchback, Sedan,
SUV/MUV/MPV, Others) LCV), by Region - Global
Forecast and Trends to 2020 Automotive
sideshafts play a vital role in the operation of
any vehicle. It ensures optimum delivery of power
to the wheels of the vehicle. Based on the
application and position, the sideshaft serves
the function of comfortable driving, and
accommodating suspension vibrations and steering.
Stringent fuel-efficiency demands from government
regulations and end-users, following an increase
in fuel prices have driven the need for
lightweight automotive components.  PDF Brochure
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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.
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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. Request Sample_at_ https//www.market
sandmarkets.com/requestsample.asp?id119146087
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Browse gtgt 88 market data
tables 65 figures
151 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 US8150 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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