Commercial Vehicle Propeller Shaft Market by Application, Type, and Geography - Forecast and Analysis 2023-2027

Published: May 2023 Pages: 166 SKU: IRTNTR75333

The commercial vehicle propeller shaft market size is estimated to grow at a CAGR of 4.64% between 2022 and 2027. The market size is forecasted to increase by USD 3,742.48 million. The growth of the market depends on several factors, including the increasing demand for commercial vehicles, the rising preference for pickup trucks in emerging countries, and the increasing demand for logistics by roadways.

This commercial vehicle propeller shaft market report extensively covers market segmentation by application (LCV and M&HCV), type (single piece and multi piece), and geography (North America, APAC, Europe, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the Size of the Commercial Vehicle Propeller Shaft Market During the Forecast Period?

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Commercial Vehicle Propeller Shaft Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing demand for commercial vehicles is notably driving the market growth, although factors such as the overloading of heavy-duty trucks may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Commercial Vehicle Propeller Shaft Market Driver

The increasing demand for commercial vehicles is notably driving market growth. Commercial vehicle propeller shafts are important components of a vehicle, as they support high loads. The rising demand for commercial vehicles is driving the growth of the global commercial vehicle propeller shaft market. The sales of vehicles such as pickup trucks for commercial purposes are high in the developed automotive markets of North America, such as the US and Canada. The rising demand for medium-duty and heavy-duty trucks is driving the market owing to the availability of multiple commercial vehicle propeller shafts to support heavy loads.

In the developing and developed economies of APAC, the demand for commercial vehicles is rising owing to the improving socio-economic conditions, infrastructure, employment opportunities, and manufacturing. This is expected to drive the demand for various vehicles, such as medium- and heavy-duty trucks, during the forecast period. The global commercial vehicle industry grew by 30.7% in FY22 when compared to FY21. It is anticipated to record a strong volume growth of 60.2% y-o-y in H1FY23. Thus, the increasing demand for commercial vehicles is expected to fuel the growth of the global commercial vehicle propeller shaft market during the forecast period.

Significant Commercial Vehicle Propeller Shaft Market Trends

The robust growth in industrial, construction, and mining activities is a key trend shaping the market. Rapid urbanization, especially in developing economies such as China and India, is increasing the demand for housing and related infrastructure. Large-scale real estate projects will require additional services of LCVs and M& HCVs to transport raw materials for construction. Several countries and regions, such as the US, the Middle East, and Asia, are witnessing rapid growth in construction activities, which will drive the growth of the global commercial vehicle propeller shaft market. Governments of emerging economies in APAC, such as India, Malaysia, Indonesia, and Thailand, are undertaking initiatives to drive the construction industry. 

The rise in mining activities in China will fuel the demand for commercial vehicles, as most mining sites in the country are located in remote areas. This will drive the sales of commercial vehicles for transporting goods over long distances. Therefore, the growth in global construction and infrastructure development activities will drive the demand for commercial vehicles, which, in turn, will positively impact the growth of the global commercial vehicle propeller shaft market during the forecast period.

Major Commercial Vehicle Propeller Shaft Market Challenge

The overloading of heavy-duty trucks may impede market growth. The overloading of heavy-duty trucks decreases the efficiency of commercial vehicle propeller shafts. It also causes road shocks and damages the driver's cabin and cargo hold. In addition, overloading decreases a vehicle's stability at high speeds, which increases the risk of accidents. 

Fleet owners are focusing on increasing the payload capacity of vehicles to transport large quantities of cargo during a single delivery trip. However, in developing countries, commercial vehicles are commonly overloaded with cargo. Mature economies such as the US and Europe have stringent regulations to curb overloading. However, freight transport companies often overload their vehicles to earn a profit. Thus, the overlading of heavy-duty trucks will negatively impact the growth of the global commercial vehicle propeller shaft market during the forecast period.

Key Commercial Vehicle Propeller Shaft Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Commercial Vehicle Propeller Shaft Market Customer Landscape

Who are the Major Commercial Vehicle Propeller Shaft Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

American Axle and Manufacturing Holdings Inc. - The company offers commercial vehicle propeller shafts such as multi-piece driveshafts.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Cardone Industries Inc.
  • Comer Industries Spa
  • Dana Inc.
  • Elbe Holding GmbH and Co. KG
  • GKN Automotive Ltd.
  • Guru Nanak Auto Enterprises Ltd.
  • Hindustan Hardy Ltd.
  • Hitachi Ltd.
  • Hyundai Wia Corp.
  • IFA Holding GmbH
  • JTEKT Corp.
  • Nexteer Automotive Group Ltd.
  • NTN Corp.
  • Powertrain Industries Inc.
  • RSB Transmissions India Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What are the Fastest-Growing Segments in the Commercial Vehicle Propeller Shaft Market?

The market share growth by the LCV segment will be significant during the forecast period. The growth of this segment is attributed to high sales of various types of vehicles, such as small compact trucks, pickup vans, and pickup trucks. These vehicles are generally used for intra-city and inter-city transport. They are available in various sizes, shapes, wheels, and weights.

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The LCV segment was valued at USD 6,604.47 million in 2017 and continued to grow until 2021. The sales of LCVs are increasing globally, owing to their use for numerous applications. LCVs are primarily used for providing last-mile connectivity for logistical services. They are ideal in stop-and-go traffic and for light construction and municipal applications. The rise in construction and inter-city activities involving transportation is driving the demand for LCVs. LCVs are considered ideal for the logistics industry, as they are compact. Thus, the robust demand for LCVs will fuel the demand for commercial vehicle propeller shafts, which, in turn, will drive the growth of the market during the forecast period.

Which are the Key Regions for the Commercial Vehicle Propeller Shaft Market?

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North America is estimated to contribute 36% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

Countries such as the US, Canada, and Mexico are the major contributors to the market in the region. Consumers in the region prefer large utility vehicles, which is driving the sales of pickup trucks. Light-duty trucks dominate the North American commercial vehicle market, which mainly includes pickup trucks. Consumers in these countries prefer personal vehicles over public transport for commuting, which leads to high demand for vehicles. The medium and heavy-duty trucks market in North America is also growing due to developments in the construction sector and mining projects. 

This report forecasts the contribution of all the segments to the growth of the market. In addition, we have included the COVID-19 impact and the recovery strategies for each segment. In 2020, the automotive industry in the region was negatively impacted owing to the COVID-19 pandemic. However, in 2021, successful COVID-19 vaccination drives were conducted across countries in this region, and the rise in investment inflows into the automotive sector helped manufacturing plants and service units resume their operations. These factors will propel the growth of the regional market during the forecast period.

Segment Overview

The commercial vehicle propeller shaft market report forecasts market growth by revenue at global, regional, & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Application Outlook (USD Million, 2017 - 2027)
    • LCV 
    •  M&HCV
  • Type Outlook (USD Million, 2017 - 2027)
    • Single piece 
    • Multi piece
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • South America
      • Brazil
      • Argentina
      • Chile
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Parent Market Analysis

Technavio categorizes the commercial vehicle propeller shaft market as a part of the global automotive parts and equipment market within the global auto components market. The global automotive parts and equipment market covers companies engaged in the production of parts and accessories for automobiles such as passenger cars, electric vehicles, commercial vehicles, heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. Technavio calculates the global auto components market size based on the combined revenue generated by manufacturers of automotive parts and accessories. Our market research report has extensively covered external factors influencing the parent market growth during the forecast period.

 

Commercial Vehicle Propeller Shaft Market Scope

Report Coverage

Details

Page number

166

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.64%

Market growth 2023-2027

USD 3,742.48 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.24

Regional analysis

North America, APAC, Europe, South America, and Middle East and Africa

Performing market contribution

North America at 36%

Key countries

US, Canada, China, Japan, and India

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

American Axle and Manufacturing Holdings Inc., Cardone Industries Inc., Comer Industries Spa, Dana Inc., Elbe Holding GmbH and Co. KG, GKN Automotive Ltd., Guru Nanak Auto Enterprises Ltd., Hindustan Hardy Ltd., Hitachi Ltd., Hyundai Wia Corp., IFA Holding GmbH, JTEKT Corp., Nexteer Automotive Group Ltd., NTN Corp., Powertrain Industries Inc., RSB Transmissions India Ltd., Toyota Motor Corp., Yamada Manufacturing Co. Ltd., and ZF Friedrichshafen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Commercial Vehicle Propeller Shaft Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the market between 2023 and 2027
  • Precise estimation of the size of the market and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across North America, APAC, Europe, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global commercial vehicle propeller shaft market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on global commercial vehicle propeller shaft market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 30: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 32: Chart on Comparison by Application
      • Exhibit 33: Data Table on Comparison by Application
    • 6.3 LCV - Market size and forecast 2022-2027
      • Exhibit 34: Chart on LCV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on LCV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on LCV - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on LCV - Year-over-year growth 2022-2027 (%)
    • 6.4 M and HCV - Market size and forecast 2022-2027
      • Exhibit 38: Chart on M and HCV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on M and HCV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on M and HCV - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on M and HCV - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Application
      • Exhibit 42: Market opportunity by Application ($ million)
      • Exhibit 43: Data Table on Market opportunity by Application ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 44: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 45: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 46: Chart on Comparison by Type
      • Exhibit 47: Data Table on Comparison by Type
    • 7.3 Single piece - Market size and forecast 2022-2027
      • Exhibit 48: Chart on Single piece - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Data Table on Single piece - Market size and forecast 2022-2027 ($ million)
      • Exhibit 50: Chart on Single piece - Year-over-year growth 2022-2027 (%)
      • Exhibit 51: Data Table on Single piece - Year-over-year growth 2022-2027 (%)
    • 7.4 Multi piece - Market size and forecast 2022-2027
      • Exhibit 52: Chart on Multi piece - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Data Table on Multi piece - Market size and forecast 2022-2027 ($ million)
      • Exhibit 54: Chart on Multi piece - Year-over-year growth 2022-2027 (%)
      • Exhibit 55: Data Table on Multi piece - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 56: Market opportunity by Type ($ million)
      • Exhibit 57: Data Table on Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 60: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 63: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 APAC - Market size and forecast 2022-2027
      • Exhibit 67: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 68: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 70: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.5 Europe - Market size and forecast 2022-2027
      • Exhibit 71: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 75: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 76: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 83: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 84: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 86: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 87: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 88: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 90: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Canada - Market size and forecast 2022-2027
      • Exhibit 91: Chart on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 92: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Chart on Canada - Year-over-year growth 2022-2027 (%)
      • Exhibit 94: Data Table on Canada - Year-over-year growth 2022-2027 (%)
    • 9.11 Japan - Market size and forecast 2022-2027
      • Exhibit 95: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 96: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 98: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 99: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 100: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 102: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ million)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 American Axle and Manufacturing Holdings Inc.
              • Exhibit 111: American Axle and Manufacturing Holdings Inc. - Overview
              • Exhibit 112: American Axle and Manufacturing Holdings Inc. - Business segments
              • Exhibit 113: American Axle and Manufacturing Holdings Inc. - Key offerings
              • Exhibit 114: American Axle and Manufacturing Holdings Inc. - Segment focus
            • 12.4 Cardone Industries Inc.
              • Exhibit 115: Cardone Industries Inc. - Overview
              • Exhibit 116: Cardone Industries Inc. - Product / Service
              • Exhibit 117: Cardone Industries Inc. - Key offerings
            • 12.5 Dana Inc.
              • Exhibit 118: Dana Inc. - Overview
              • Exhibit 119: Dana Inc. - Business segments
              • Exhibit 120: Dana Inc. - Key news
              • Exhibit 121: Dana Inc. - Key offerings
              • Exhibit 122: Dana Inc. - Segment focus
            • 12.6 Elbe Holding GmbH and Co. KG
              • Exhibit 123: Elbe Holding GmbH and Co. KG - Overview
              • Exhibit 124: Elbe Holding GmbH and Co. KG - Product / Service
              • Exhibit 125: Elbe Holding GmbH and Co. KG - Key offerings
            • 12.7 GKN Automotive Ltd.
              • Exhibit 126: GKN Automotive Ltd. - Overview
              • Exhibit 127: GKN Automotive Ltd. - Product / Service
              • Exhibit 128: GKN Automotive Ltd. - Key offerings
            • 12.8 Hindustan Hardy Ltd.
              • Exhibit 129: Hindustan Hardy Ltd. - Overview
              • Exhibit 130: Hindustan Hardy Ltd. - Product / Service
              • Exhibit 131: Hindustan Hardy Ltd. - Key offerings
            • 12.9 Hitachi Ltd.
              • Exhibit 132: Hitachi Ltd. - Overview
              • Exhibit 133: Hitachi Ltd. - Business segments
              • Exhibit 134: Hitachi Ltd. - Key news
              • Exhibit 135: Hitachi Ltd. - Key offerings
              • Exhibit 136: Hitachi Ltd. - Segment focus
            • 12.10 Hyundai Wia Corp.
              • Exhibit 137: Hyundai Wia Corp. - Overview
              • Exhibit 138: Hyundai Wia Corp. - Business segments
              • Exhibit 139: Hyundai Wia Corp. - Key offerings
              • Exhibit 140: Hyundai Wia Corp. - Segment focus
            • 12.11 IFA Holding GmbH
              • Exhibit 141: IFA Holding GmbH - Overview
              • Exhibit 142: IFA Holding GmbH - Product / Service
              • Exhibit 143: IFA Holding GmbH - Key offerings
            • 12.12 JTEKT Corp.
              • Exhibit 144: JTEKT Corp. - Overview
              • Exhibit 145: JTEKT Corp. - Business segments
              • Exhibit 146: JTEKT Corp. - Key news
              • Exhibit 147: JTEKT Corp. - Key offerings
              • Exhibit 148: JTEKT Corp. - Segment focus
            • 12.13 Nexteer Automotive Group Ltd.
              • Exhibit 149: Nexteer Automotive Group Ltd. - Overview
              • Exhibit 150: Nexteer Automotive Group Ltd. - Business segments
              • Exhibit 151: Nexteer Automotive Group Ltd. - Key news
              • Exhibit 152: Nexteer Automotive Group Ltd. - Key offerings
              • Exhibit 153: Nexteer Automotive Group Ltd. - Segment focus
            • 12.14 NTN Corp.
              • Exhibit 154: NTN Corp. - Overview
              • Exhibit 155: NTN Corp. - Business segments
              • Exhibit 156: NTN Corp. - Key offerings
              • Exhibit 157: NTN Corp. - Segment focus
            • 12.15 RSB Transmissions India Ltd.
              • Exhibit 158: RSB Transmissions India Ltd. - Overview
              • Exhibit 159: RSB Transmissions India Ltd. - Product / Service
              • Exhibit 160: RSB Transmissions India Ltd. - Key offerings
            • 12.16 Yamada Manufacturing Co. Ltd.
              • Exhibit 161: Yamada Manufacturing Co. Ltd. - Overview
              • Exhibit 162: Yamada Manufacturing Co. Ltd. - Product / Service
              • Exhibit 163: Yamada Manufacturing Co. Ltd. - Key offerings
            • 12.17 ZF Friedrichshafen AG
              • Exhibit 164: ZF Friedrichshafen AG - Overview
              • Exhibit 165: ZF Friedrichshafen AG - Business segments
              • Exhibit 166: ZF Friedrichshafen AG - Key news
              • Exhibit 167: ZF Friedrichshafen AG - Key offerings
              • Exhibit 168: ZF Friedrichshafen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 169: Inclusions checklist
                • Exhibit 170: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 171: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 172: Research methodology
                • Exhibit 173: Validation techniques employed for market sizing
                • Exhibit 174: Information sources
              • 13.5 List of abbreviations
                • Exhibit 175: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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