Market Overview:
The global drag link market is estimated to be valued at USD 1.5 billion in 2018 and is projected to grow at a CAGR of 5.4%, from 2018 to 2030. The growth of the global drag link market can be attributed to the increasing demand for light-duty vehicles, medium-duty vehicles, and heavy-duty vehicles across the globe. Asia Pacific is expected to lead the global drag link market during the forecast period, owing to the growing demand for commercial vehicles in countries such as China and India.
Product Definition:
The centre is the geometric centre of an object or body. It is the point at which all lines drawn to the object or body from outside intersect. The drag link connects the steering box to the pitman arm and helps maintain directional control while turning.
1 to 1.5 inch:
1 to 1.5 inch, it's usage and growth factor in Centre.
The 1 to 1.5 inch size range is one of the most popular sizes used for replacement parts across all vehicle segments such as passenger cars, light commercial vehicles (LCV), heavy commercial vehicles (HCV), motorcycles, bicycles & others.
1.5 to 1.75 inch:
1.5 to 1.75 inch is a range of bores that are commonly used for passenger car and light truck applications. The size is referred to as “standard” in the industry, with most manufacturers using this dimension for their products due to ease of manufacturing parts and maintaining standardization across the board.
Application Insights:
On the basis of application, the global centre and drag link market is segmented into light-duty vehicle (LDV), medium-duty vehicle (MDV) and heavy-duty vehicle (HDV). The LDV segment dominated the overall market in terms of revenue share in 2017. This can be attributed to increasing production of lightweight vehicles such as Ford EcoSport, Maruti Suzuki Vitara Brezza, Hyundai Elantra etc. across major markets including India and China. In addition, demand for compact cars has increased significantly across various regions owing to factors such as changing lifestyle along with growing concerns regarding fuel consumption and carbon emissions.
The MD/HCVs segment is expected to witness significant growth over the forecast period due to rising adoption of these vehicles for commercial purposes such as logistics services among others which require large number of trucks or buses on a daily basis.
Regional Analysis:
Asia Pacific dominated the global centre and drag link market in terms of revenue with a share of over 40.0% in 2017. This is attributed to the presence of key automotive manufacturers such as Toyota, Honda, Suzuki, Tata Motors among others based out of Japan and India. The region is expected to witness significant growth over the forecast period owing to increasing demand for passenger vehicles especially cars from emerging economies such as China and India on account of rising disposable income coupled with growing population.
Europe accounted for a major share in terms of volume due to stringent regulations imposed by governing bodies pertaining light-duty vehicles including pick-up trucks.
Growth Factors:
- Increasing demand for agricultural equipment owing to the increasing population and their need for food.
- Rising disposable income of consumers, which is resulting in an increase in demand for luxury cars and SUVs that use centre and drag link assemblies.
- Technological advancements in the automotive industry that are resulting in the introduction of new vehicles with advanced features, which require centre and drag link assemblies for proper functioning.
- Growing popularity of off-road driving as a recreational activity, leading to an increase in demand for 4x4 vehicles that use centre and drag link assemblies.
Scope Of The Report
Report Attributes
Report Details
Report Title
Centre and Drag Link Market Research Report
By Type
1 to 1.5 inch, 1.5 to 1.75 inch, 1.75 to 2.75 inch
By Application
Light-duty Vehicle, Medium-duty Vehicle, Heavy-duty Vhicle
By Companies
Federal-Mogul, Rane (Madras), Powers & Sons, ZF TRW, Moser Engineering, Federal-Mogul
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
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Centre and Drag Link Market Report Segments:
The global Centre and Drag Link market is segmented on the basis of:
Types
1 to 1.5 inch, 1.5 to 1.75 inch, 1.75 to 2.75 inch
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
Light-duty Vehicle, Medium-duty Vehicle, Heavy-duty Vhicle
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:
- Federal-Mogul
- Rane (Madras)
- Powers & Sons
- ZF TRW
- Moser Engineering
- Federal-Mogul
Highlights of The Centre and Drag Link 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:
- 1 to 1.5 inch
- 1.5 to 1.75 inch
- 1.75 to 2.75 inch
- By Application:
- Light-duty Vehicle
- Medium-duty Vehicle
- Heavy-duty Vhicle
- 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 Centre and Drag Link 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Centre is the hole in the frame of a bike where the handlebars and front wheel are attached. Drag link is a metal or plastic chain that connects the rear wheel to the centre of the bike, allowing it to move along its axis.
Some of the major companies in the centre and drag link market are Federal-Mogul, Rane (Madras), Powers & Sons, ZF TRW, Moser Engineering, Federal-Mogul.
The centre and drag link market is expected to register a CAGR of 5.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Centre and Drag Link 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 Centre and Drag Link Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Centre and Drag Link 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 Centre and Drag Link 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 Centre and Drag Link Market Size & Forecast, 2020-2028
4.5.1 Centre and Drag Link Market Size and Y-o-Y Growth
4.5.2 Centre and Drag Link Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 1 to 1.5 inch
5.2.2 1.5 to 1.75 inch
5.2.3 1.75 to 2.75 inch
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Light-duty Vehicle
6.2.2 Medium-duty Vehicle
6.2.3 Heavy-duty Vhicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Centre and Drag Link 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 Centre and Drag Link 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 1 to 1.5 inch
9.6.2 1.5 to 1.75 inch
9.6.3 1.75 to 2.75 inch
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 Market Size Forecast by Applications
9.10.1 Light-duty Vehicle
9.10.2 Medium-duty Vehicle
9.10.3 Heavy-duty Vhicle
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 1 to 1.5 inch
10.6.2 1.5 to 1.75 inch
10.6.3 1.75 to 2.75 inch
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 Market Size Forecast by Applications
10.10.1 Light-duty Vehicle
10.10.2 Medium-duty Vehicle
10.10.3 Heavy-duty Vhicle
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 1 to 1.5 inch
11.6.2 1.5 to 1.75 inch
11.6.3 1.75 to 2.75 inch
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 Market Size Forecast by Applications
11.10.1 Light-duty Vehicle
11.10.2 Medium-duty Vehicle
11.10.3 Heavy-duty Vhicle
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 1 to 1.5 inch
12.6.2 1.5 to 1.75 inch
12.6.3 1.75 to 2.75 inch
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 Market Size Forecast by Applications
12.10.1 Light-duty Vehicle
12.10.2 Medium-duty Vehicle
12.10.3 Heavy-duty Vhicle
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 1 to 1.5 inch
13.6.2 1.5 to 1.75 inch
13.6.3 1.75 to 2.75 inch
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) Market Size Forecast by Applications
13.10.1 Light-duty Vehicle
13.10.2 Medium-duty Vehicle
13.10.3 Heavy-duty Vhicle
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 Centre and Drag Link Market: Competitive Dashboard
14.2 Global Centre and Drag Link Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Federal-Mogul
14.3.2 Rane (Madras)
14.3.3 Powers & Sons
14.3.4 ZF TRW
14.3.5 Moser Engineering
14.3.6 Federal-Mogul
