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Propeller Shafts Market Size, Trends, Analysis, and Outlook by Type (Single Piece, Two-Piece, Three Piece), Material (Carbon steel, Stainless Steel, Carbon Fiber, Others), Application (Passenger Vehicles, Light and Heavy Commercial Vehicles, Agricultural Application, Off-Highway Vehicles, Industrial Application, Marine, Others), Sales Channel (OEMs, Aftermarket), by Country, Segment, and Companies, 2024-2030

April 2024 | 195 pages | ID: PD03315755F6EN
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The global Low Emission Vehicles market size is poised to register 15.35% growth from 2024 to 2030, presenting significant growth prospects for companies operating in the industry. The study analyzes the global Low Emission Vehicles market by Degree of Hybridization (Mild Hybrid Electric Vehicle (MHEV), Hybrid Electric Vehicle (FHEV), Plug-in Hybrid Electric Vehicle (PHEV), Pure Electric Vehicle (EV or BEV)), Battery (Lead Acid Battery, Nickel Cadmium Battery, Metal Hydride Battery, Lithium Ion Battery).
The Low Emission Vehicles (LEV) Market is positioned for significant growth driven by pivotal trends and drivers shaping its trajectory toward 2030. With a global imperative to combat climate change and reduce air pollution, there's a mounting demand for vehicles that minimize emissions and environmental impact. Technological advancements in electric and hybrid propulsion systems, coupled with the declining cost of battery technology, are making low-emission vehicles increasingly accessible and appealing to consumers. Further, stringent emissions regulations and government incentives are incentivizing automakers to accelerate the development and adoption of LEVs, driving market growth. In addition, shifting consumer preferences toward sustainable transportation solutions, coupled with the rise of urbanization and the need for efficient urban mobility, are further propelling the demand for low-emission vehicles. .

Low Emission Vehicles Market Drivers, Trends, Opportunities, and Growth Opportunities
This comprehensive study discusses the latest trends and the most pressing challenges for industry players and investors. The Low Emission Vehicles market research analyses the global market trends, key drivers, challenges, and opportunities in the industry. In addition, the latest Future of Low Emission Vehicles survey report provides the market size outlook across types, applications, and other segments across the world and regions. It provides data-driven insights and actionable recommendations for companies in the Low Emission Vehicles industry.

Key market trends defining the global Low Emission Vehicles demand in 2024 and Beyond
The industry continues to remain an attractive hub for opportunities for both domestic and global vendors. As the market evolves, factors such as emerging market dynamics, demand from end-user sectors, a growing patient base, changes in consumption patterns, and widening distribution channels continue to play a major role.

Low Emission Vehicles Market Segmentation- Industry Share, Market Size, and Outlook to 2030
The Low Emission Vehicles industry comprises a wide range of segments and sub-segments. The rising demand for these product types and applications is supporting companies to increase their investment levels across niche segments. Accordingly, leading companies plan to generate a large share of their future revenue growth from expansion into these niche segments. The report presents the market size outlook across segments to support Low Emission Vehicles companies scaling up production in these sub-segments with a focus on expanding into emerging countries.

Key strategies adopted by companies within the Low Emission Vehicles industry
Leading Low Emission Vehicles companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions in key regions. Further, companies are leveraging advanced technologies to unlock opportunities and achieve operational excellence. The report provides key strategies opted for by the top 10 Low Emission Vehicles companies.

Low Emission Vehicles Market Study- Strategic Analysis Review
The Low Emission Vehicles market research report dives deep into the qualitative factors shaping the market, empowering you to make informed decisions-
Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.

Low Emission Vehicles Market Size Outlook- Historic and Forecast Revenue in Three Cases
The Low Emission Vehicles industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. Further, with actual data for 2023, the report forecasts the market size outlook from 2024 to 2030 in three case scenarios- low case, reference case, and high case scenarios.

Low Emission Vehicles Country Analysis and Revenue Outlook to 2030
The report analyses 22 countries worldwide including the key driving forces and market size outlook from 2021 to 2030. In addition, region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America is included in the study. For each of the six regions, the market size outlook by segments is forecast for 2030.

North America Low Emission Vehicles Market Size Outlook- Companies plan for focused investments in a changing environment
The US continues to remain the market leader in North America, driven by a large consumer base, the presence of well-established providers, and a strong end-user industry demand. Leading companies focus on new product launches in the changing environment. The US economy is expected to grow in 2024 (around 2.2% growth in 2024), potentially driving demand for various Low Emission Vehicles market segments. Similarly, Strong end-user demand is encouraging Canadian Low Emission Vehicles companies to invest in niche segments. Further, as Mexico continues to strengthen its trade relations and invest in technological advancements, the Mexico Low Emission Vehicles market is expected to experience significant expansion, offering lucrative opportunities for both domestic and international stakeholders.

Europe Low Emission Vehicles Market Size Outlook-Companies investing in assessing consumers, categories, competitors, and capabilities
The German industry remains the major market for companies in the European Low Emission Vehicles industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of businesses in identifying and leveraging new growth prospects positions the European Low Emission Vehicles market for an upward trajectory, fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and a keen understanding of consumer preferences.

Asia Pacific Low Emission Vehicles Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing prevalence of indications, robust healthcare expenditure, and increasing investments in healthcare infrastructure drive the demand for Low Emission Vehicles in Asia Pacific. In particular, China, India, and South East Asian Low Emission Vehicles markets present a compelling outlook for 2030, acting as a magnet for both domestic and multinational manufacturers seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major markets in the region.

Latin America Low Emission Vehicles Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to greater purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.

Middle East and Africa Low Emission Vehicles Market Size Outlook- continues its upward trajectory across segments
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Low Emission Vehicles market potential. Fueled by increasing consumption expenditure, growing population, and high demand across a few markets drives the demand for Low Emission Vehicles.

Low Emission Vehicles Market Company Profiles
The global Low Emission Vehicles market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. Leading companies included in the study are BMW AG, BYD Company Ltd, Daimler AG, Ford Motor Company, General Motors Company, Isuzu Motors Ltd, Mitsubishi Motors Corp, Tesla Inc, Toyota Motor Corp, Volkswagen AG.

Recent Low Emission Vehicles Market Developments
The global Low Emission Vehicles market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.

Low Emission Vehicles Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2030 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
Pricing Analysis
Value Chain Analysis
SWOT Profile
Market Dynamics- Trends, Drivers, Challenges
Porter’s Five Forces Analysis
Macroeconomic Impact Analysis
Case Scenarios- Low, Base, High

Market Segmentation:
Degree of Hybridization
Mild Hybrid Electric Vehicle (MHEV)
Hybrid Electric Vehicle (FHEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Pure Electric Vehicle (EV or BEV)
Battery
Lead Acid Battery
Nickel Cadmium Battery
Metal Hydride Battery
Lithium Ion Battery

Geographical Segmentation:
North America (3 markets)
Europe (6 markets)
Asia Pacific (6 markets)
Latin America (3 markets)
Middle East Africa (5 markets)

Companies
BMW AG
BYD Company Ltd
Daimler AG
Ford Motor Company
General Motors Company
Isuzu Motors Ltd
Mitsubishi Motors Corp
Tesla Inc
Toyota Motor Corp
Volkswagen AG.
Formats Available: Excel, PDF, and PPT
1. EXECUTIVE SUMMARY

1.1 Propeller Shafts Market Overview and Key Findings, 2024
1.2 Propeller Shafts Market Size and Growth Outlook, 2021- 2030
1.3 Propeller Shafts Market Growth Opportunities to 2030
1.4 Key Propeller Shafts Market Trends and Challenges
  1.4.1 Propeller Shafts Market Drivers and Trends
  1.4.2 Propeller Shafts Market Challenges
1.5 Competitive Landscape and Key Players
1.6 Competitive Analysis- Growth Strategies Adopted by Leading Propeller Shafts Companies

2. PROPELLER SHAFTS MARKET SIZE OUTLOOK TO 2030

2.1 Propeller Shafts Market Size Outlook, USD Million, 2021- 2030
2.2 Propeller Shafts Incremental Market Growth Outlook, %, 2021- 2030
2.3 Segment Snapshot, 2024

3. PROPELLER SHAFTS MARKET- STRATEGIC ANALYSIS REVIEW

3.1 Porter's Five Forces Analysis
* Threat of New Entrants
* Threat of Substitutes
* Intensity of Competitive Rivalry
* Bargaining Power of Buyers
* Bargaining Power of Suppliers
3.2 Value Chain Analysis
3.3 SWOT Analysis

4. PROPELLER SHAFTS MARKET SEGMENTATION ANALYSIS AND OUTLOOK

4.1 Market Segmentation and Scope
4.2 Market Breakdown by Type, Application, and Other Segments, 2021-2030
Type
Single Piece
Two-Piece
Three Piece
Material
Carbon steel
Stainless Steel
Carbon Fiber
Others
Application
Passenger Vehicles
Light and Heavy Commercial Vehicles
Agricultural Application
Off-Highway Vehicles
Industrial Application
Marine
Others
Sales Channel
OEMs
Aftermarket
4.3 Growth Prospects and Niche Opportunities, 2023- 2030
4.4 Regional comparison of Market Growth, CAGR, 2023-2030

5. REGION-WISE MARKET OUTLOOK TO 2030

5.1 Key Findings for Asia Pacific Propeller Shafts Market, 2025
5.2 Asia Pacific Propeller Shafts Market Size Outlook by Type, 2021- 2030
5.3 Asia Pacific Propeller Shafts Market Size Outlook by Application, 2021- 2030
5.4 Key Findings for Europe Propeller Shafts Market, 2025
5.5 Europe Propeller Shafts Market Size Outlook by Type, 2021- 2030
5.6 Europe Propeller Shafts Market Size Outlook by Application, 2021- 2030
5.7 Key Findings for North America Propeller Shafts Market, 2025
5.8 North America Propeller Shafts Market Size Outlook by Type, 2021- 2030
5.9 North America Propeller Shafts Market Size Outlook by Application, 2021- 2030
5.10 Key Findings for South America Propeller Shafts Market, 2025
5.11 South America Pacific Propeller Shafts Market Size Outlook by Type, 2021- 2030
5.12 South America Propeller Shafts Market Size Outlook by Application, 2021- 2030
5.13 Key Findings for Middle East and Africa Propeller Shafts Market, 2025
5.14 Middle East Africa Propeller Shafts Market Size Outlook by Type, 2021- 2030
5.15 Middle East Africa Propeller Shafts Market Size Outlook by Application, 2021- 2030

6. COUNTRY-WISE MARKET SIZE OUTLOOK TO 2030

6.1 US Propeller Shafts Market Size Outlook and Revenue Growth Forecasts
6.2 US Propeller Shafts Industry Drivers and Opportunities
6.3 Canada Market Size Outlook and Revenue Growth Forecasts
6.4 Canada Propeller Shafts Industry Drivers and Opportunities
6.6 Mexico Market Size Outlook and Revenue Growth Forecasts
6.6 Mexico Propeller Shafts Industry Drivers and Opportunities
6.7 Germany Market Size Outlook and Revenue Growth Forecasts
6.8 Germany Propeller Shafts Industry Drivers and Opportunities
6.9 France Market Size Outlook and Revenue Growth Forecasts
6.10 France Propeller Shafts Industry Drivers and Opportunities
6.11 UK Market Size Outlook and Revenue Growth Forecasts
6.12 UK Propeller Shafts Industry Drivers and Opportunities
6.13 Spain Market Size Outlook and Revenue Growth Forecasts
6.14 Spain Propeller Shafts Industry Drivers and Opportunities
6.16 Italy Market Size Outlook and Revenue Growth Forecasts
6.16 Italy Propeller Shafts Industry Drivers and Opportunities
6.17 Rest of Europe Market Size Outlook and Revenue Growth Forecasts
6.18 Rest of Europe Propeller Shafts Industry Drivers and Opportunities
6.19 China Market Size Outlook and Revenue Growth Forecasts
6.20 China Propeller Shafts Industry Drivers and Opportunities
6.21 India Market Size Outlook and Revenue Growth Forecasts
6.22 India Propeller Shafts Industry Drivers and Opportunities
6.23 Japan Market Size Outlook and Revenue Growth Forecasts
6.24 Japan Propeller Shafts Industry Drivers and Opportunities
6.26 South Korea Market Size Outlook and Revenue Growth Forecasts
6.26 South Korea Propeller Shafts Industry Drivers and Opportunities
6.27 Australia Market Size Outlook and Revenue Growth Forecasts
6.28 Australia Propeller Shafts Industry Drivers and Opportunities
6.29 South East Asia Market Size Outlook and Revenue Growth Forecasts
6.30 South East Asia Propeller Shafts Industry Drivers and Opportunities
6.31 Rest of Asia Pacific Market Size Outlook and Revenue Growth Forecasts
6.32 Rest of Asia Pacific Propeller Shafts Industry Drivers and Opportunities
6.33 Brazil Market Size Outlook and Revenue Growth Forecasts
6.34 Brazil Propeller Shafts Industry Drivers and Opportunities
6.36 Argentina Market Size Outlook and Revenue Growth Forecasts
6.36 Argentina Propeller Shafts Industry Drivers and Opportunities
6.37 Rest of South America Market Size Outlook and Revenue Growth Forecasts
6.38 Rest of South America Propeller Shafts Industry Drivers and Opportunities
6.39 Middle East Market Size Outlook and Revenue Growth Forecasts
6.40 Middle East Propeller Shafts Industry Drivers and Opportunities
6.41 Africa Market Size Outlook and Revenue Growth Forecasts
6.42 Africa Propeller Shafts Industry Drivers and Opportunities

7. PROPELLER SHAFTS MARKET OUTLOOK ACROSS SCENARIOS

7.1 Low Growth Case
7.2 Reference Growth Case
7.3 High Growth Case

8. PROPELLER SHAFTS COMPANY PROFILES

8.1 Profiles of Leading Propeller Shafts Companies in the Market
8.2 Business Descriptions, SWOT Analysis, and Growth Strategies
8.3 Financial Performance and Key Metrics
American Axle & Manufacturing Inc
Dana Inc
GKN Automotive Ltd
Hitachi Ltd
Hyundai WIA Corp
IFA Group
JTEKT Corp
Neapco Holdings LLC
Nexteer Automotive Corp
NTN Corp

9. APPENDIX

9.1 Scope of the Report
9.2 Research Methodology and Data Sources
9.3 Glossary of Terms
9.4 Market Definitions
9.5 Contact Information


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