Automotive Driveshaft Couplings Market Revenue to outshine by 2027
Posted On June 29, 2021
The Global Automotive Driveshaft Couplings Market is likely to showcase a steady growth during the year 2021-2027 as per the report published by Value Market Research. The elevation in the demand for vehicles in the automobile sector and the continuous research and development in the field of coupling material are the major market drivers responsible for the growth of the automotive driveshaft coupling market. The capability of the material to adapt to the alignment change of the shafts and the preference for the compact size in vehicles by the consumers is also expected to boost the market growth of automotive driveshaft coupling. However, frequent need for maintenance and high maintenance cost may create a hindrance for the growth of the automotive driveshaft coupling market. But the growing research and development activities in the automobile sector will further push the market growth of automotive driveshaft couplings.
Automotive driveshaft coupling is a component that connects the driveshaft and driven shaft of a motor, etc accurately to transmit the power and provide mechanical flexibility and tolerance for shaft misalignment. The major role of automotive drive shaft coupling is to transmit power, absorb misalignment, absorb vibrations and shock to protect surrounding products, and stop the transfer of heat produced by the motor to the driven shaft. Beam coupling, sleeve or muff coupling, split muff coupling, flange coupling, disc coupling, grid coupling, and bellows coupling, etc are some different types of shaft couplings available in the market. These are the key component of an automobile and the vehicle will stop functioning if the coupling fails to perform its task.
The elaborate study "Global Automotive Driveshaft Couplings Market Report By Coupling Type (Mechanical Element Flexible Shaft Coupling, Elastomeric Element Coupling, Metallic Membrane/Disc Type Coupling), By Vehicle Type (Passenger Car , Commercial Vehicle), By Material Type (Cast Iron, Elastomeric Material, Composites, Others), By Sales Channel (OEM, Aftermarket) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2021-2027" poses a refreshing view of the market taking into consideration all the aspects affecting the market.
On the basis of coupling type the market is segmented into Mechanical Element Flexible Shaft Coupling, Elastomeric Element Coupling, Metallic Membrane/Disc Type Coupling. By vehicle type the automotive driveshaft couplings market is categorised as Passenger Car, Commercial Vehicle. By material type the automotive driveshaft couplings market is categorised as Cast Iron, Elastomeric Material, Composites, Others. Based on sales channel the automotive driveshaft couplings market is segmented as OEM, Aftermarket. The report covers North America (North America, United State and Rest of North America), Europe (United Kingdom, France , Germany, Rest of Europe), Asia Pacific (China, Japan, India, Rest of Asia Pacific), Latin America (Brazil, Rest of Latin America) and Middle East & Africa. The data tables in these chapters give the market estimates on the basis of all the segments.
The Report Segments Global Automotive Driveshaft Couplings Market -
By Coupling Type
- Mechanical Element Flexible Shaft Coupling
- Elastomeric Element Coupling
- Metallic Membrane/Disc Type Coupling
By Vehicle Type
- Passenger Car
- Commercial Vehicle
By Material Type
- Cast Iron
- Elastomeric Material
By Sales Channel
- North America
- Latin America
- Middle East & Africa
Players Profiled In the Report:
Dana Limited, BorgWarner Inc., Nexteer Automotive, Suddeutsche Gelenkscheibenfabrik GmbH & Co. Kgis, CO.R.A. S.r.l., Superior Driveline, GKN Automotive, Meritor, Inc., Hyundai WIA Corp., Gestamp Automoción, Jtekt Corporation.
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