September 3, 2019

Side Shaft Market : Leading Players Analysis Report 2024

The Global Side Shaft Market Growth 2019-2024 is a research report available at

The Side Shaft provides the dynamic connection between engine and driving wheels, transmitting power and allowing steering angles whilst accommodating suspension movements and isolating vibrations. Each side shaft has two constant velocity joints – a fixed joint at the wheel end and a plunging joint at the gearbox end, connected by an interconnecting shaft. Automotive Side Shafts play a vital role in the operation of any vehicle. It ensures optimum delivery of power to the wheels of the vehicle.

Many international side shaft manufacturers have built plants in China and they have occupied large share of automotive side shaft market. There is large technical gap between automotive side shafts produced by manufacturers from China and abroad. To maintain market share, these domestic manufacturers must invest more on research and development.

According to this study, over the next five years the Side Shaft market will register a 1.5% CAGR in terms of revenue, the global market size will reach US$ 14100 million by 2024, from US$ 12900 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Side Shaft business, shared in Chapter 3.

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The key manufacturers covered in this report:



· Hyundai-wia

· Nexteer


· Wanxiang

· Neapco


· Guansheng

Segmentation by product type:

· Rear Side Shaft

· Front Side Shaft

Segmentation by application:

· Passenger Vehicles

· Commercial Vehicles

This report also splits the market by region:

· Americas

· United States

· Canada

· Mexico

· Brazil


· China

· Japan

· …….

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Research objectives

· To study and analyze the global Side Shaft consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

· To understand the structure of Side Shaft market by identifying its various subsegments.

· Focuses on the key global Side Shaft manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

· To analyze the Side Shaft with respect to individual growth trends, future prospects, and their contribution to the total market.

· To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

· To project the consumption of Side Shaft submarkets, with respect to key regions (along with their respective key countries).

· To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

· To strategically profile the key players and comprehensively analyze their growth strategies.

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