Global Automotive Carbon Composite Driveshaft Market to Grow at a CAGR of +12% During the Period 2018-2023.
The rising need for efficient driveshafts in the aftermarket is one of the primary growth factors for this market. Most vehicles are fitted with steel driveshafts as stock fitment for noise and vibration dampening. The lifetime of these steel shafts is much lesser than that of carbon fiber shafts. Since the torsional stiffness of steel driveshafts is low, vehicles that require higher performance opt for more efficient driveshafts such as carbon composite ones. Moreover, carbon composites are also used along...
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