LONDON–(BUSINESS WIRE)–#AutomotiveConstantVelocityJointMarket–Technavio has been monitoring the automotive constant velocity joint market and it is poised to grow by 99.99 mn units during 2020-2024, progressing at a CAGR of over 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Request a free sample report
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Meritor Inc., Neapco Holdings LLC, Nexteer Automotive Corp. and Zhejiang ODM Transmission Technology Co. Ltd. are some of the major market participants. The need for fuel efficiency in vehicles will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Need for fuel efficiency in vehicles has been instrumental in driving the growth of the market.
Automotive Constant Velocity Joint Market 2020-2024: Segmentation
Automotive Constant Velocity Joint Market is segmented as below:
Application
- Passenger Cars
- Commercial Vehicles
Geographic segmentation
- APAC
- Europe
- MEA
- North America
- South America
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR40010
Automotive Constant Velocity Joint Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our automotive constant velocity joint market report covers the following areas:
- Automotive Constant Velocity Joint Market Size
- Automotive Constant Velocity Joint Market Trends
- Automotive Constant Velocity Joint Market Industry Analysis
This study identifies increasing focus on size and light weighting of CV joints as one of the prime reasons driving the automotive constant velocity joint market growth during the next few years.
Automotive Constant Velocity Joint Market 2020-2024: Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the automotive constant velocity joint market, including some of the vendors such as Meritor Inc., Neapco Holdings LLC, Nexteer Automotive Corp. and Zhejiang ODM Transmission Technology Co. Ltd. Backed with competitive intelligence and benchmarking, our research reports on the automotive constant velocity joint market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Automotive Constant Velocity Joint Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist automotive constant velocity joint market growth during the next five years
- Estimation of the automotive constant velocity joint market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behaviour
- The growth of the automotive constant velocity joint market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive constant velocity joint market vendors
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
- Market segmentation by application
- Comparison by application
- Passenger cars – Market size and forecast 2019-2024
- Commercial vehicles – Market size and forecast 2019-2024
- Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- APAC – Market size and forecast 2019-2024
- Europe – Market size and forecast 2019-2024
- North America – Market size and forecast 2019-2024
- South America – Market size and forecast 2019-2024
- MEA – Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Advancements in design
- Focus on size and light weighting of CV joints
- Focus on decrease in size of CV joint boots
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- AB SKF
- American Axle & Manufacturing Inc.
- Dana Inc.
- Guangzhou Hongzhou Auto Parts Co. Ltd.
- Melrose Industries Plc
- Meritor Inc.
- Neapco Holdings LLC
- Nexteer Automotive Corp.
- Zhejiang ODM Transmission Technology Co. Ltd.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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