Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Universal Driveshaft Market by Type (Light Duty, Medium Duty, Heavy Duty), By Application (Pumps, Paper Mills, Metallurgy, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Universal Driveshaft Market by Type (Light Duty, Medium Duty, Heavy Duty), By Application (Pumps, Paper Mills, Metallurgy, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 271688 4200 Machinery & Equipment 377 143 Pages 4.5 (32)

Market Overview:

The global universal driveshaft market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for universal driveshafts in various applications such as pumps, paper mills, metallurgy, and others. Additionally, the growing automotive industry is also expected to fuel the growth of the global universal driveshaft market during the forecast period.

Global Universal Driveshaft Industry Outlook

Product Definition:

A universal driveshaft is a shaft that can be used in many different applications. It is important because it allows for the transmission of power from one component to another without having to make a custom drive shaft for each application.

Light Duty:

Light duty universal driveshaft is used in automotive industry to connect transmission and engine. It's major application areas are in automobiles, trucks, buses & light motor vehicles. Light duty universal driveshaft market size was valued at USD 1.02 billion in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2026.

Medium Duty:

The global medium duty and it’s usage in universal driveshaft market size was valued at USD 1.8 billion in 2016. The increasing demand for medium-duty trucks from the logistics sector is expected to be a key factor driving industry growth over the forecast period.

Application Insights:

The metallurgy application segment led the global universal driveshaft market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for gears from various industries such as mining, construction, automotive and agriculture among others.

Pumps was the largest application segment in 2017 owing to extensive usage of pumps across various applications such as water treatment plants, oil & gas refineries among others globally. Pumps are used on a large scale due to their ability to transfer liquids with high flow rates while maintaining low head pressure which makes them suitable for delivering pressurized fluids with high efficiency and minimum loss over long distances without having any negative impact on resources or environment like other technologies currently available in the market do.

Regional Analysis:

Asia Pacific dominated the global universal driveshaft market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing industrialization, coupled with growing automotive industry. In addition, rising disposable income levels are anticipated to drive demand for automobiles in developing countries such as India and China.

The Middle East & Africa is projected to grow at a significant rate over the forecast period owing to rapid development of industries including oil & gas, mining, construction equipment manufacturing and others. Increasing government investments in infrastructure development are likely boost product demand across various applications such as pumping systems for water management or metallurgy machinery used for mining ores/ores minerals etc.).

Growth Factors:

  • Increasing demand for automobiles
  • Growing automotive industry in developing countries
  • Rising disposable income of consumers in developing countries
  • Technological advancements in driveline systems and components
  • Stringent emission norms by regulatory authorities

Scope Of The Report

Report Attributes

Report Details

Report Title

Universal Driveshaft Market Research Report

By Type

Light Duty, Medium Duty, Heavy Duty

By Application

Pumps, Paper Mills, Metallurgy, Others

By Companies

Dana, IFA Rotorion, Showa, Neapco, Johnson Power, Ltd, Bailey Morris, JTEKT, AAM, GKN, Nexteer

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Universal Driveshaft Market Report Segments:

The global Universal Driveshaft market is segmented on the basis of:


Light Duty, Medium Duty, Heavy Duty

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.


Pumps, Paper Mills, Metallurgy, Others

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:

  1. Dana
  2. IFA Rotorion
  3. Showa
  4. Neapco
  5. Johnson Power, Ltd
  6. Bailey Morris
  7. JTEKT
  8. AAM
  9. GKN
  10. Nexteer

Global Universal Driveshaft Market Overview

Highlights of The Universal Driveshaft Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Light Duty
    2. Medium Duty
    3. Heavy Duty
  1. By Application:

    1. Pumps
    2. Paper Mills
    3. Metallurgy
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Universal Driveshaft 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

Global Universal Driveshaft Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

Universal Driveshaft is a brand name for a type of driveshaft that can be used on many different types of vehicles. It is made from an alloy and has been designed to fit most cars.

Some of the major players in the universal driveshaft market are Dana, IFA Rotorion, Showa, Neapco, Johnson Power, Ltd, Bailey Morris, JTEKT, AAM, GKN, Nexteer.

The universal driveshaft market is expected to grow at a compound annual growth rate of 5.5%.

Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Universal Driveshaft 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 Universal Driveshaft Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Universal Driveshaft 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 Universal Driveshaft 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 Universal Driveshaft Market Size & Forecast, 2018-2028       4.5.1 Universal Driveshaft Market Size and Y-o-Y Growth       4.5.2 Universal Driveshaft Market Absolute $ Opportunity

Chapter 5 Global Universal Driveshaft 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 Universal Driveshaft Market Size Forecast by Type
      5.2.1 Light Duty
      5.2.2 Medium Duty
      5.2.3 Heavy Duty
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Universal Driveshaft 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 Universal Driveshaft Market Size Forecast by Applications
      6.2.1 Pumps
      6.2.2 Paper Mills
      6.2.3 Metallurgy
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Universal Driveshaft 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 Universal Driveshaft 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 Universal Driveshaft Analysis and Forecast
   9.1 Introduction
   9.2 North America Universal Driveshaft 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 Universal Driveshaft Market Size Forecast by Type
      9.6.1 Light Duty
      9.6.2 Medium Duty
      9.6.3 Heavy Duty
   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 Universal Driveshaft Market Size Forecast by Applications
      9.10.1 Pumps
      9.10.2 Paper Mills
      9.10.3 Metallurgy
      9.10.4 Others
   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 Universal Driveshaft Analysis and Forecast
   10.1 Introduction
   10.2 Europe Universal Driveshaft 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 Universal Driveshaft Market Size Forecast by Type
      10.6.1 Light Duty
      10.6.2 Medium Duty
      10.6.3 Heavy Duty
   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 Universal Driveshaft Market Size Forecast by Applications
      10.10.1 Pumps
      10.10.2 Paper Mills
      10.10.3 Metallurgy
      10.10.4 Others
   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 Universal Driveshaft Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Universal Driveshaft 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 Universal Driveshaft Market Size Forecast by Type
      11.6.1 Light Duty
      11.6.2 Medium Duty
      11.6.3 Heavy Duty
   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 Universal Driveshaft Market Size Forecast by Applications
      11.10.1 Pumps
      11.10.2 Paper Mills
      11.10.3 Metallurgy
      11.10.4 Others
   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 Universal Driveshaft Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Universal Driveshaft 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 Universal Driveshaft Market Size Forecast by Type
      12.6.1 Light Duty
      12.6.2 Medium Duty
      12.6.3 Heavy Duty
   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 Universal Driveshaft Market Size Forecast by Applications
      12.10.1 Pumps
      12.10.2 Paper Mills
      12.10.3 Metallurgy
      12.10.4 Others
   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) Universal Driveshaft Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Universal Driveshaft 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) Universal Driveshaft Market Size Forecast by Type
      13.6.1 Light Duty
      13.6.2 Medium Duty
      13.6.3 Heavy Duty
   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) Universal Driveshaft Market Size Forecast by Applications
      13.10.1 Pumps
      13.10.2 Paper Mills
      13.10.3 Metallurgy
      13.10.4 Others
   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 Universal Driveshaft Market: Competitive Dashboard
   14.2 Global Universal Driveshaft Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Dana
      14.3.2 IFA Rotorion
      14.3.3 Showa
      14.3.4 Neapco
      14.3.5 Johnson Power, Ltd
      14.3.6 Bailey Morris
      14.3.7 JTEKT
      14.3.8 AAM
      14.3.9 GKN
      14.3.10 Nexteer

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