Automotive Drive Shaft Market Growth Trajectory, Key Drivers And Trends

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Automotive Drive Shaft Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
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Automotive Drive Shaft Market Segments
The Business Research Company segments its
Automotive Drive Shaft market report as
Rigid Side shaft, Hollow Side shafts
By Product Type
By Vehicle Type
Passenger Vehicle, Light Commercial Vehicle,
Heavy Commercial Vehicle
By Sales Channel
OEM, Aftermarket
By Industry
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Market Statistics
The global automotive drive shaft market size
grew from 16.24 billion in 2022 to 17.5 billion
in 2023 at a compound annual growth rate (CAGR)
of 7.7. The automotive drive shaft market size
is expected to grow to 23.34 billion in 2027 at
a CAGR of 7.5.
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Key Market Drivers And Trends
Drivers
The growing sales of electric vehicles are
expected to propel the growth of the automotive
drive shaft market going forward.
Trends
The new product innovation is the key trend
gaining popularity in the automotive drive shaft
market.
Region
Asia-Pacific was the largest region in the
control valve market. The regions covered in the
global control valve market report are
Asia-Pacific, Western Europe, Eastern Europe,
North America, South America, Middle East and
Africa.
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Key Market Players

• Major players in the Leather Goodsmarket are
• GKN Automotive Limited
• JTEKT Corporation
• American Axle Manufacturing Inc.
• Dana Incorporated
• Hyundai Wia Corporation
• And more.

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3. Get a compreAutomotive Drive Shaftsive market
   sizing report with a truly global perspective
   covering 60 geographies from The Business
   Research Company, with data from 2017 to 2023 and
   forecasts up to 2032.
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5. Benchmark performance against key competitors.

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