Market Overview:
The global automotive cardan universal joint market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. The global automotive cardan universal joint market is segmented on the basis of type, application and region. On the basis of type, it is divided into single cardan, double cardan and others. By application, it is classified into passenger vehicle and commercial vehicle segments. Region-wise, it covers North America, Latin America, Europe Asia Pacific (APAC) and Middle East & Africa (MEA).
Product Definition:
An automotive cardan universal joint is a mechanical component that allows for the transmission of rotational power between two shafts that are not inline with each other. The automotive cardan universal joint is used in vehicles to connect the driveshaft to the differential, which in turn transmits power to the wheels.
Single Cardan:
Single Cardan (SC) is a type of drive shaft that has only one universal joint. It is used in front and rear axles of the vehicles. The SC driveshaft has no associated components like torque convertor, differential, or gearbox.
The single cardan universal joint reduces the overall weight of the system.
Double Cardan:
Double Cardan Universal Joint is a type of joint that consists of two cardan shafts, which are connected by a universal joint. It can be found in vehicles such as cars and trucks. The increasing demand for automobiles globally is expected to drive the market growth over the forecast period.
The global automotive industry has been witnessing significant growth on account of rising disposable income levels, population expansion, and rapid urbanization in emerging economies such as India and China.
Application Insights:
Passenger vehicle application segment led the global automotive cardan universal joint market in 2017 and will maintain its dominance over the forecast period. The growing demand for passenger vehicles as a result of increasing disposable income levels, especially in emerging markets such as China, India and Brazil is expected to boost product demand. In addition, stringent government regulations regarding reduction in vehicular weight for improving fuel efficiency are projected to augment market growth over the next eight years.
Commercial vehicle application segment is anticipated to witness significant growth during the forecast period owing to rising demand from construction industries across various regions including North America and Europe. Furthermore, technological advancements coupled with high production rates are likely to propel product penetration into commercial vehicles which would eventually drive market growth by 2030.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing automobile production in countries, such as China and India. Furthermore, rising disposable income coupled with a growing population will drive demand for passenger cars and commercial vehicles in this region. Europe accounted for more than 30% of global market share in 2017 owing to stringent emission norms implemented by governments across European countries. However, North America is projected to grow at a significant rate over the forecast period due to increasing R&D investments by major players along with technological advancements that are paving way for lightweight automotive components manufacturing processes.
The cardan universal joint market revenue by application (passenger vehicle & off-roaders, heavy commercial vehicle) was estimated at USD X billion in 2017.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in the automotive sector
- Growing awareness about the benefits of using cardan universal joints
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Cardan Universal Joint Market Research Report
By Type
Single Cardan, Double Cardan, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Belden Tools, Inc., Dana Limited, Designatronics Inc., Flender, Gelenkwellenwerk Stadtilm GmbH, GKN Automotive Limited, GMB Corporation Japan, ML TUNING, spol. s r.o., Ningbo Grand Machinery Co., Ltd., NSK Ltd., Belden Tools, Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Cardan Universal Joint Market Report Segments:
The global Automotive Cardan Universal Joint market is segmented on the basis of:
Types
Single Cardan, Double Cardan, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Belden Tools, Inc.
- Dana Limited
- Designatronics Inc.
- Flender
- Gelenkwellenwerk Stadtilm GmbH
- GKN Automotive Limited
- GMB Corporation Japan
- ML TUNING, spol. s r.o.
- Ningbo Grand Machinery Co., Ltd.
- NSK Ltd.
- Belden Tools, Inc.
Highlights of The Automotive Cardan Universal Joint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Cardan
- Double Cardan
- Others
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Cardan Universal Joint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The Automotive Cardan Universal Joint is a type of joint that allows for the movement of different types of vehicles. It is made up of two cardan shafts that connect to each other via universal joints. These joints allow for smooth, unrestricted movement in all directions.
Some of the major companies in the automotive cardan universal joint market are Belden Tools, Inc., Dana Limited, Designatronics Inc., Flender, Gelenkwellenwerk Stadtilm GmbH, GKN Automotive Limited, GMB Corporation Japan, ML TUNING, spol. s r.o., Ningbo Grand Machinery Co., Ltd., NSK Ltd., Belden Tools, Inc..
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Cardan Universal Joint Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Cardan Universal Joint Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Cardan Universal Joint Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Cardan Universal Joint Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Cardan Universal Joint Market Size & Forecast, 2018-2028 4.5.1 Automotive Cardan Universal Joint Market Size and Y-o-Y Growth 4.5.2 Automotive Cardan Universal Joint Market Absolute $ Opportunity
Chapter 5 Global Automotive Cardan Universal Joint Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Cardan Universal Joint Market Size Forecast by Type
5.2.1 Single Cardan
5.2.2 Double Cardan
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Cardan Universal Joint Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Cardan Universal Joint Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Cardan Universal Joint Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Cardan Universal Joint Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Cardan Universal Joint Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Cardan Universal Joint Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Cardan Universal Joint Market Size Forecast by Type
9.6.1 Single Cardan
9.6.2 Double Cardan
9.6.3 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Cardan Universal Joint Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Cardan Universal Joint Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Cardan Universal Joint Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Cardan Universal Joint Market Size Forecast by Type
10.6.1 Single Cardan
10.6.2 Double Cardan
10.6.3 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Cardan Universal Joint Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Cardan Universal Joint Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Cardan Universal Joint Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Cardan Universal Joint Market Size Forecast by Type
11.6.1 Single Cardan
11.6.2 Double Cardan
11.6.3 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Cardan Universal Joint Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Cardan Universal Joint Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Cardan Universal Joint Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Cardan Universal Joint Market Size Forecast by Type
12.6.1 Single Cardan
12.6.2 Double Cardan
12.6.3 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Cardan Universal Joint Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Cardan Universal Joint Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Cardan Universal Joint Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Cardan Universal Joint Market Size Forecast by Type
13.6.1 Single Cardan
13.6.2 Double Cardan
13.6.3 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Cardan Universal Joint Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Cardan Universal Joint Market: Competitive Dashboard
14.2 Global Automotive Cardan Universal Joint Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Belden Tools, Inc.
14.3.2 Dana Limited
14.3.3 Designatronics Inc.
14.3.4 Flender
14.3.5 Gelenkwellenwerk Stadtilm GmbH
14.3.6 GKN Automotive Limited
14.3.7 GMB Corporation Japan
14.3.8 ML TUNING, spol. s r.o.
14.3.9 Ningbo Grand Machinery Co., Ltd.
14.3.10 NSK Ltd.
14.3.11 Belden Tools, Inc.