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Global Automotive Constant Velocity Joint Market Size study & Forecast, by Joint type (Fixed and Plunge Joints, Rzeppa Joints, Tripod Joints, Others), by Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), by Propulsion (ICE, Electric and Hybird, Others), by Distribution Channel (OEM, Aftermarket) and Regional Analysis, 2022-2029

February 2023 | 200 pages | ID: G003AFA70D52EN
Bizwit Research & Consulting LLP

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Global Automotive Constant Velocity Joint Market is valued approximately USD 2.9 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.3% over the forecast period 2022-2029. Automotive Constant Velocity Joint or cv joints are mechanical joints used in automotive industry for the purpose of connecting vehicle’s transmission with wheels. These joints are part of driveshaft and are used in front, rear- and four-wheel drive vehicles. Automotive constant velocity joints are capable of transmitting power through a variable angle, at constant rotational speed, without significant increase in friction. The increasing expansion of global automotive sector and growing vehicle production in developing regions as well as strategic initiatives from leading market players are key factors accelerating the market growth.

The increasing expansion of global automotive industry is contributing to the growth of the Global Automotive Constant Velocity Joint Market. For instance, as per Statista – as of 2022, the revenue in the worldwide Passenger Cars market is estimated at USD 1,890 billion, and the global revenue is projected to grow at an annual growth rate (CAGR 2022-2026) of 1.79%, witneesing a market volume of USD 2,029 billion by 2026. Moreover, according to Statista - in 2021, in post covid era worldwide commercial vehicle production rose to around 23.2 million units. In addition, Asia and Oceania regarded as the top manufacturer of heavy trucks in 2021, with around 3.3 million units produced. Also, increasing demand for commercial vehicles across the industries and rising popularity of electric & hybrid vehicles would create lucrative growth prospectus for the market over the forecast period. However, complexity associated with installation of Automotive Constant Velocity Joint and volatile coast of raw materials stifles market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Automotive Constant Velocity Joint Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America dominated the market in terms of revenue, owing to the dominance of leading market players and increasing demand for commercial vehicles across logistics & transportation sector in the region. Whereas Asia Pacific is expected to grow with a highest CAGR during the forecast period, owing to factors such as rising expansion of automotive manufacturing sector & increasing penetration of leading market players in the region.

Major market player included in this report are:
GKN Limited
American Axle Manufacturing Holdings Inc.
Hyundai WIA Corporation
IFA Rotorion
Nanyang Automobile & Cycle Group
Neapco Holdings LLC
Nexteer Automotive NA
NKN Co. Ltd.
NTN Corporation
Shandong Huifeng Auto Fittings Co

Recent Developments in the Market:
In January 2020, Hyundai Wia has received contract of worth USD 594 million for cv joints from global automakers based in North America, and Europe. Moreover, in 2019 the company received order from Chinese SUV manufacturer Great Wall Motor to supply auto parts.

Global Automotive Constant Velocity Joint Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered Joint Type, Vehicle Type, Propulsion, Distribution Channel, Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World
Customization Scope Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Joint type
Fixed and Plunge Joints
Rzeppa Joints
Tripod Joints
Others
By Vehicle Type
Passenger Car
Light Commercial Vehicle
Heavy Commercial Vehicle
By Propulsion
ICE
Electric and Hybird
Others
By Distribution Channel
OEM
Aftermarket

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Rest of the World
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Billion)
  1.2.1. Automotive Constant Velocity Joint Market, by Region, 2019-2029 (USD Billion)
  1.2.2. Automotive Constant Velocity Joint Market, by Joint Type, 2019-2029 (USD Billion)
  1.2.3. Automotive Constant Velocity Joint Market, by Vehicle Type, 2019-2029 (USD Billion)
  1.2.4. Automotive Constant Velocity Joint Market, by Propulsion, 2019-2029 (USD Billion)
  1.2.5. Automotive Constant Velocity Joint Market, by Distribution Channel, 2019-2029 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Scope of the Study
  2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET DYNAMICS

3.1. Automotive Constant Velocity Joint Market Impact Analysis (2019-2029)
  3.1.1. Market Drivers
    3.1.1.1. Increasing expansion of global automotive sector
    3.1.1.2. Growing vehicle production in developing regions
    3.1.1.3. Strategic initiatives from leading market players
  3.1.2. Market Challenges
    3.1.2.1. Issues pertaining to installation of automotive cv joints
    3.1.2.2. Volatile cost of raw materials
  3.1.3. Market Opportunities
    3.1.3.1. Increasing demand for commercial vehicles across the industries
    3.1.3.2. Rising popularity of electric & hybrid vehicles

CHAPTER 4. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Futuristic Approach to Porter’s 5 Force Model (2019-2029)
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. Industry Experts Prospective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. RISK ASSESSMENT: COVID-19 IMPACT

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

CHAPTER 6. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET, BY JOINT TYPE

6.1. Market Snapshot
6.2. Global Automotive Constant Velocity Joint Market by Joint Type, Performance - Potential Analysis
6.3. Global Automotive Constant Velocity Joint Market Estimates & Forecasts by Joint Type 2019-2029 (USD Billion)
6.4. Automotive Constant Velocity Joint Market, Sub Segment Analysis
  6.4.1. Fixed and Plunge Joints
  6.4.2. Rzeppa Joints
  6.4.3. Tripod Joints
  6.4.4. Others

CHAPTER 7. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET, BY VEHICLE TYPE

7.1. Market Snapshot
7.2. Global Automotive Constant Velocity Joint Market by Vehicle Type, Performance - Potential Analysis
7.3. Global Automotive Constant Velocity Joint Market Estimates & Forecasts by Vehicle Type 2019-2029 (USD Billion)
7.4. Automotive Constant Velocity Joint Market, Sub Segment Analysis
  7.4.1. Passenger Car
  7.4.2. Light Commercial Vehicle
  7.4.3. Heavy Commercial Vehicle

CHAPTER 8. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET, BY PROPULSION

8.1. Market Snapshot
8.2. Global Automotive Constant Velocity Joint Market by Propulsion, Performance - Potential Analysis
8.3. Global Automotive Constant Velocity Joint Market Estimates & Forecasts by Propulsion 2019-2029 (USD Billion)
8.4. Automotive Constant Velocity Joint Market, Sub Segment Analysis
  8.4.1. ICE
  8.4.2. Electric and Hybrid
  8.4.3. Others

CHAPTER 9. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET, BY DISTRIBUTION CHANNEL

9.1. Market Snapshot
9.2. Global Automotive Constant Velocity Joint Market by Distribution Channel, Performance - Potential Analysis
9.3. Global Automotive Constant Velocity Joint Market Estimates & Forecasts by Distribution Channel 2019-2029 (USD Billion)
9.4. Automotive Constant Velocity Joint Market, Sub Segment Analysis
  9.4.1. OEM
  9.4.2. Aftermarket

CHAPTER 10. GLOBAL AUTOMOTIVE CONSTANT VELOCITY JOINT MARKET, REGIONAL ANALYSIS

10.1. Automotive Constant Velocity Joint Market, Regional Market Snapshot
10.2. North America Automotive Constant Velocity Joint Market
  10.2.1. U.S. Automotive Constant Velocity Joint Market
    10.2.1.1. Joint Type breakdown estimates & forecasts, 2019-2029
    10.2.1.2. Vehicle Type breakdown estimates & forecasts, 2019-2029
    10.2.1.3. Propulsion breakdown estimates & forecasts, 2019-2029
    10.2.1.4. Distribution Channel breakdown estimates & forecasts, 2019-2029
  10.2.2. Canada Automotive Constant Velocity Joint Market
10.3. Europe Automotive Constant Velocity Joint Market Snapshot
  10.3.1. U.K. Automotive Constant Velocity Joint Market
  10.3.2. Germany Automotive Constant Velocity Joint Market
  10.3.3. France Automotive Constant Velocity Joint Market
  10.3.4. Spain Automotive Constant Velocity Joint Market
  10.3.5. Italy Automotive Constant Velocity Joint Market
  10.3.6. Rest of Europe Automotive Constant Velocity Joint Market
10.4. Asia-Pacific Automotive Constant Velocity Joint Market Snapshot
  10.4.1. China Automotive Constant Velocity Joint Market
  10.4.2. India Automotive Constant Velocity Joint Market
  10.4.3. Japan Automotive Constant Velocity Joint Market
  10.4.4. Australia Automotive Constant Velocity Joint Market
  10.4.5. South Korea Automotive Constant Velocity Joint Market
  10.4.6. Rest of Asia Pacific Automotive Constant Velocity Joint Market
10.5. Latin America Automotive Constant Velocity Joint Market Snapshot
  10.5.1. Brazil Automotive Constant Velocity Joint Market
  10.5.2. Mexico Automotive Constant Velocity Joint Market
  10.5.3. Rest of Latin America Automotive Constant Velocity Joint Market
10.6. Rest of The World Automotive Constant Velocity Joint Market

CHAPTER 11. COMPETITIVE INTELLIGENCE

11.1. Top Market Strategies
11.2. Company Profiles
  11.2.1. GKN Limited
    11.2.1.1. Key Information
    11.2.1.2. Overview
    11.2.1.3. Financial (Subject to Data Availability)
    11.2.1.4. Product Summary
    11.2.1.5. Recent Developments
  11.2.2. American Axle Manufacturing Holdings Inc.
  11.2.3. Hyundai WIA Corporation
  11.2.4. IFA Rotorion
  11.2.5. Nanyang Automobile & Cycle Group
  11.2.6. Neapco Holdings LLC
  11.2.7. Nexteer Automotive NA
  11.2.8. NKN Co. Ltd.
  11.2.9. NTN Corporation
  11.2.10. Shandong Huifeng Auto Fittings Co

CHAPTER 12. RESEARCH PROCESS

12.1. Research Process
  12.1.1. Data Mining
  12.1.2. Analysis
  12.1.3. Market Estimation
  12.1.4. Validation
  12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption


LIST OF TABLES

TABLE 1. Global Automotive Constant Velocity Joint Market, report scope
TABLE 2. Global Automotive Constant Velocity Joint Market estimates & forecasts by Region 2019-2029 (USD Billion)
TABLE 3. Global Automotive Constant Velocity Joint Market estimates & forecasts by Joint Type 2019-2029 (USD Billion)
TABLE 4. Global Automotive Constant Velocity Joint Market estimates & forecasts by Vehicle Type 2019-2029 (USD Billion)
TABLE 5. Global Automotive Constant Velocity Joint Market estimates & forecasts by Propulsion 2019-2029 (USD Billion)
TABLE 6. Global Automotive Constant Velocity Joint Market estimates & forecasts by Distribution Channel 2019-2029 (USD Billion)
TABLE 7. Global Automotive Constant Velocity Joint Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 8. Global Automotive Constant Velocity Joint Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 9. Global Automotive Constant Velocity Joint Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 10. Global Automotive Constant Velocity Joint Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 11. Global Automotive Constant Velocity Joint Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 12. Global Automotive Constant Velocity Joint Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 13. Global Automotive Constant Velocity Joint Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 14. Global Automotive Constant Velocity Joint Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 15. Global Automotive Constant Velocity Joint Market by segment, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 16. Global Automotive Constant Velocity Joint Market by region, estimates & forecasts, 2019-2029 (USD Billion)
TABLE 17. U.S. Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 18. U.S. Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 19. U.S. Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 20. Canada Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 21. Canada Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 22. Canada Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 23. UK Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 24. UK Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 25. UK Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 26. Germany Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 27. Germany Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 28. Germany Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 29. France Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 30. France Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 31. France Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 32. Italy Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 33. Italy Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 34. Italy Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 35. Spain Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 36. Spain Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 37. Spain Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 38. RoE Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 39. RoE Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 40. RoE Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 41. China Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 42. China Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 43. China Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 44. India Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 45. India Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 46. India Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 47. Japan Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 48. Japan Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 49. Japan Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 50. South Korea Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 51. South Korea Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 52. South Korea Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 53. Australia Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 54. Australia Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 55. Australia Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 56. RoAPAC Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 57. RoAPAC Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 58. RoAPAC Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 59. Brazil Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 60. Brazil Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 61. Brazil Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 62. Mexico Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 63. Mexico Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 64. Mexico Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 65. RoLA Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 66. RoLA Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 67. RoLA Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 68. Row Automotive Constant Velocity Joint Market estimates & forecasts, 2019-2029 (USD Billion)
TABLE 69. Row Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 70. Row Automotive Constant Velocity Joint Market estimates & forecasts by segment 2019-2029 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Automotive Constant Velocity Joint Market
TABLE 72. List of primary sources, used in the study of global Automotive Constant Velocity Joint Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Automotive Constant Velocity Joint Market, research methodology
FIG 2. Global Automotive Constant Velocity Joint Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Automotive Constant Velocity Joint Market, key trends 2021
FIG 5. Global Automotive Constant Velocity Joint Market, growth prospects 2022-2029
FIG 6. Global Automotive Constant Velocity Joint Market, porters 5 force model
FIG 7. Global Automotive Constant Velocity Joint Market, pest analysis
FIG 8. Global Automotive Constant Velocity Joint Market, value chain analysis
FIG 9. Global Automotive Constant Velocity Joint Market by segment, 2019 & 2029 (USD Billion)
FIG 10. Global Automotive Constant Velocity Joint Market by segment, 2019 & 2029 (USD Billion)
FIG 11. Global Automotive Constant Velocity Joint Market by segment, 2019 & 2029 (USD Billion)
FIG 12. Global Automotive Constant Velocity Joint Market by segment, 2019 & 2029 (USD Billion)
FIG 13. Global Automotive Constant Velocity Joint Market by segment, 2019 & 2029 (USD Billion)
FIG 14. Global Automotive Constant Velocity Joint Market, regional snapshot 2019 & 2029
FIG 15. North America Automotive Constant Velocity Joint Market 2019 & 2029 (USD Billion)
FIG 16. Europe Automotive Constant Velocity Joint Market 2019 & 2029 (USD Billion)
FIG 17. Asia pacific Automotive Constant Velocity Joint Market 2019 & 2029 (USD Billion)
FIG 18. Latin America Automotive Constant Velocity Joint Market 2019 & 2029 (USD Billion)
FIG 19. Global Automotive Constant Velocity Joint Market, company Market share analysis (2021)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable







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