Automotive Driveshaft Couplings Market Emerging Growth Analysis, Future Demand and Business Opportunities 2030

Automotive driveshaft couplings was first used in China over 2,000 years back. It was developed as “gimbals,” a progression of interlocking rings inside a device that permitted a candle positioned in the middle to stay upright regardless of the device position.

Driveshaft Couplings are used to connect two power transmitting components to transmit torque. Couplings used in automobiles are of two types which are rigid and flexible. Flexible couplings used in an automobiles are designed to permit some degree of misalignment to adapt change in positions of power transmitting shafts whereas rigid couplings do not allow any misalignment between the joining components.

These couplings used in automobiles reduces structure-borne noise and vibrations, compensates axial displacements from unit movements, improves running smoothness, and minimizes wear of adjacent components by eliminating high torque.

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Automotive Driveshaft Couplings Market: Dynamics

The rising demand of automotive driveshaft couplings in proportion to the rise in demand of automobiles is anticipated to boost the market growth. Another major factor driving the market is the preference for compact sized parts for the vehicles. Another key driver of the automotive driveshaft couplings market is the capability of the material to adapt the change in the alignment of the shafts. The shaft alignment keeps on changing when the vehicle moves due to which driveshaft couplings are used to allow the smooth functioning of the automotive driveshaft.

The key restraint in the automotive driveshaft couplings market is the maintenance cost because the frequent maintenance is necessary for the proper working of couplings. The preference of compact automotive parts along with continuous innovations in this field are expected to be the main opportunity in the market. Another major opportunity is the rising demand of EVs due to stringent Co2 emission norms especially in Europe and North America.. The most important trend in the automotive driveshaft couplings market is the ability of automotive parts suppliers to keep a balance between product improvement, cost control and technology enhancement.

Automotive Driveshaft Couplings Market: Regional Outlook

East Asia and South Asia & Pacific regions are is expected to be the leading regions in terms of automotive driveshaft couplings because the demand for passenger cars in both these regions is rising due to the increased purchasing capacity.

Europe is assessed to be another prominent market for automotive driveshaft couplings and is expected to observe stable development in the coming years. Rising preference for comfort in vehicles and stringent government regulations on mileage standards in European countries, have led to more focus into R&D to create superior nature of driveshaft couplings for European market.

Automotive Driveshaft Couplings Market: Key Participants

Some of the market participants in the global Automotive Driveshaft Couplings market, identified across the value chain include:

• 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
• Neapco Inc.
• RSB Global

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The report covers exhaustive analysis on: 

• Automotive Driveshaft Couplings Market Segments
• Automotive Driveshaft Couplings Market Dynamics
• Automotive Driveshaft Couplings Market Size
• New Sales of Automotive Driveshaft Couplings
• Current Trends/Issues/Challenges in the Automotive Driveshaft Couplings Market
• Competition & Companies Involved in Automotive Driveshaft Couplings
• New Technology for Automotive Driveshaft Couplings
• Value Chain of the Automotive Driveshaft Couplings Market

Regional analysis includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)

The global Automotive Driveshaft Couplings market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

Report Highlights:

• Detailed overview of parent market
• Changing market dynamics in the Automotive Driveshaft Couplings market
• In-depth Automotive Driveshaft Couplings market segmentation
• Historical, current, and projected Automotive Driveshaft Couplings market size in terms of volume and value
• Recent industry trends and developments in the global Automotive Driveshaft Couplings market
• Competitive landscape
• Strategies of key players and products offered in the global Automotive Driveshaft Couplings market
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on Automotive Driveshaft Couplings market performance
• Must-have information for market players in Automotive Driveshaft Couplings market to sustain and enhance their market footprint

Key Segments 

The global Automotive Driveshaft Couplings market can be segmented on the basis of coupling type, vehicle type, material type, and sales channel.

coupling type:

• Mechanical Element Flexible Shaft Coupling
• Elastomeric Element Coupling
• Metallic Membrane/Disc Type Coupling

vehicle type :

• Passenger Car
  • Electric Vehicle
  • Others
• Commercial Vehicle

material type:

• Cast Iron
• Elastomeric Material
  • Ethylene propylene diene rubber (EPDM)
  • Neoprene
  • Urethane
• Composites
• Others

Sales Channel:

• OEM
• Aftermarket

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