DUBLIN, July 20, 2015 /PRNewswire/ --
Research and Markets(http://www.researchandmarkets.com/research/rwc5f2/global_and) has announced the addition of the "Global and Chinese Automotive Drive Shaft Market Report, 2015" report to their offering.
China needed 62.44 million automotive drive shafts in 2014, of which 79% came from passenger vehicles. Up to now, Chinese automotive drive shaft companies have been capable of developing and producing drive shafts for construction machinery, commercial vehicles and passenger vehicles. However, most of domestic drive shaft producers are small sized and focus on low- and mid-range products, compared with a lower proportion of high-precision, high technical content and high value added products, especially high-end constant velocity (CV) drive shaft market, which is still dominated by foreign brands.
Drive shaft, depending on whether constant angular velocity rotates or not, can be divided into CV drive shaft and non-CV drive shaft.
CV drive shaft, primarily used in passenger vehicle market, enjoys huge market demand. Shanghai GKN Drive Shaft Co., Ltd. (SDS), a supplier holing a dominant position, is a joint venture of GKN Driveline International GmbH and HUAYU Automotive Systems Co., Ltd. SDS now has production bases in Kangqiao (Shanghai), Chongqing, Wuhan and Changchun. GKN Drive Shaft (Chongqing) Co. Ltd. is a joint venture established by SDS and Chang'an Automobile Group.
Non-CV drive shaft is principally used in commercial vehicles, construction machinery, and a small minority of passenger vehicles. Due to limited demand from downstream markets in recent years, non-CV drive shaft market has been highly competitive. Major players in the field include XuchangYuandong Drive Shaft Co., Ltd. and WanxiangQianchao Co., Ltd.
Key Topics Covered:
2 Definition and Classification of Drive Shaft
3 Global and China Drive Shaft Downstream Industries
4 Drive Shaft Market
5 China's Import and Export of Drive Shaft
6 Major Chinese Companies
7 Major Foreign Players
- FAWER Automotive Parts Limited Company
- Hebei Yulong Drive Shaft Co., Ltd
- IFA Rotorion
- LuoheShilinXinyuan Auto Parts Co., Ltd
- Shanghai GKN Drive System Co., Ltd
- Shanghai Yaoyuan Crop
- WanxiangQianchao Co., Ltd
- XuchangYuandong Drive Shaft Co., Ltd
For more information visit http://www.researchandmarkets.com/research/rwc5f2/global_and
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SOURCE Research and Markets