Press Release

Asia-Pacific is the largest consumption region of Cardan Shaft, with a consumption market share of nearly 47.32%.

Cardan Shaft, also known as propeller shaft or drive shaft, is a mechanical component used for the transmission of torque and rotation. Cardan Shaft consists of a universal joint, shaft yokes, and intermediate support, etc. It acts as an intermediate between the driving and the driven shaft that are not aligned on the same axis transferring the running torque smoothly.

GKN dominated the market, which accounted for XX% of the Cardan Shaft sales market share. Dana, IFA Rotorion are the key players and accounted for XX%, XX% respectively of the overall Cardan Shaft market share. Global giant market mainly distributed in Asia-Pacific and Europe. It has unshakable status in this field.

Asia-Pacific is the largest consumption region of Cardan Shaft, with a consumption market share nearly 47.32%. The second place is Europe, following Asia-Pacific with the consumer market share over XX%.
The market is not only influenced by the price but also influenced by product performance. The leading companies own the advantages on better performance, more abundant products types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of the high-end market.
Looking to the future years, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

The global Cardan Shaft market is valued at XX million US$ and will reach 25000 million US$ by the end of 2025, growing at a CAGR of XX% during 2018-2025.

Global Cardan Shaft Market Professional Survey Report 2019 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2019 through 2025. Also, a five-year historic analysis is provided for these markets in this 96 pages report.

This market report provides in-depth analytics of the Cardan Shaft industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.

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Cardan Shaft market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:

IFA Rotorion
Wanxiang Qianchao Group
Showa Corporation
GSP Group
Yuandong Drive Shaft
Anhui Taier

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:

Small Series
Medium Series
Heavy Duty Series

By Industrial Application, the market can be split into:

Machinery & Equipment
Other Application

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

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