Automotive Sideshafts Market by Type (Rigid and Hollow), by Application (Rear and Front) and Vehicle Type (Passenger Car and Commercial Vehicle) - Global Industry Analysis & Forecast to 2025

Industry Outlook and Trend Analysis

The most important function of an automotive sideshaft is to help to conduct an active link or connection between the engine and the driving wheels. It is also useful to create various steering angles during the accommodation of the suspension movements. The sideshaft is also responsible for isolation of the vibration. The automotive sideshaft market is witnessing a great growth in the recent years and will keep growing during the forecast period as sideshaft is very necessary for safer function of the vehicle.

Drivers and Restraints

The Automotive Sideshafts Market has grown with a significant rate in the recent years due to the rising use of cars globally, rising awareness of people about safe driving and changing priority of people from faster to safer driving. The fact that sideshaft is important for proper functioning of the car has increased the market with the bloom in combination with the growth of car manufacturers on the global basis. While the only thing that harms the market growth is the fact that car does not fit in every family or individual budget.

Regional Insights

Asia Pacific is believed to have the higher share in the market due to the high use and increasing demand of automobiles. The market share of the American as well as European region is predicted to grow during the forecast period owing to the initiatives taken by the government to promote safer driving and transport.

By Region


North America


U.S.
Canada
Mexico


Europe

Germany
UK
France
Russia
Italy
Rest of Europe


Asia-Pacific

China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific


South America

Brazil
Argentina
Columbia
Rest of South America


Middle East and Africa

Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA




Competitive Analysis

The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.


Trelleborg AB
NKN, Ltd.
Yamada Manufacturing Co., Ltd.
NTN Corporation
Nexteer Automotive Group
Ifa Rotorion - Holding GmbH
Neapco Holdings LLC
Hyundai Wia Corporation
GKN plc.
Dana Incorporated
American Axle & Manufacturing Holdings, Inc.


Some of the key questions answered by the report are:


What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?