The Report Global and China Automotive Drive Shaft Market Report, 2015 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz
Albany, NY -- (SBWIRE) -- 07/16/2015 -- 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.
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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.
XuchangYuandong Drive Shaft Co., Ltd. is the largest non-CV drive shaft manufacturer in China, producing mainly drive shafts for variedconstruction machineryincluding light, medium-duty and heavy trucks, pickups, SUVs, buses, loaders and cranes. In 2014, the company sold 3.5007 million drive shafts, up 19.06% from 2.9402 million units in 2013, mainly due to significant rise in sales of light drive shaft arising from adjustment in sales structure.
WanxiangQianchao had drive shaft capacity of 4 million units and sold 3.29 million units in 2014. The production of drive shaft is chiefly undertaken by Qianchao Transmission Shaft Co., Ltd., which has 5 factories and 1 research institute, producing mainly drive shafts, steering columns, EPS and other auto parts. Due to a fiercely competitive drive shaft market, the company underwent a decline in drive shaft utilization to 83% in 2014 from 97% in 2013.
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The report highlights the followings:
Overview of China automotive drive shaft industry, including definition, classification, etc.;
Overall study into the Chinese automotive drive shaft market, covering demand, market competition pattern, latest market characteristics;
Study into the Chinese automotive drive shaft market segments, CV drive shaft and non-CV drive shaft market demands and major companies;
Study into major Chinese automotive drive shaft companies, comprising operation, output and sales volume of drive shaft, main customers, and new products.
Table Of Content
1.2 Fixed-asset Investment
1.3 Import and Export
1.4 Total Retail Sales of Consumer Goods
2 Definition and Classification of Drive Shaft
2.2.1 Universal Joint
2.2.2 Flexible Sleeve
2.2.3 Shaft Sleeve
2.3 Technical Standards
2.3.1 Performance Requirements and Test Methods for Automobile Steering Drive Shaft Assembly
2.3.2 Test Methods and Technical Conditions for Automotive Drive Shaft Assembly Rack
2.3.3 Test Methods for Automotive CV Universal Joint and Assembly
2.4 Business Model
2.5 Industry Chain
3 Global and China Drive Shaft Downstream Industries
3.1 Global Market
3.2 Chinese Market
3.2.1 Automobile Industry
3.2.2 Output and Sales Volume by Auto Model
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