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(I-AutoNewsWire.com, July 12, 2017 ) About Automotive Driveshaft The global automotive industry is experiencing rapid technological innovations driven by changing consumer needs with the increase in purchasing power of the people. Automakers are increasingly being predisposed toward the development of smart and energy efficient cars to meet stringent government regulations on vehicular emissions. Vehicles are enabled with more and more powerful and compact engines that require driveshafts for effectively transferring torque produced by the engine to the wheels. Driveshafts are mechanical components used to transfer torque or the rotational power from the transmission or engine to the drive wheels. Driveshafts are mainly used in vehicles running on gasoline, diesel, and electricity.
Publisher's analysts forecast the global automotive driveshaft market to grow at a CAGR of 4.76% during the period 2017-2021. For more information about this report: http://www.reportsweb.com/global-automotive-driveshaft-market-2017-2021 . Covered in this report The report covers the present scenario and the growth prospects of the global automotive driveshaft market for 2017-2021. To calculate the market size, the report considers the global sales volume of commercial vehicles and passenger cars.
The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Publisher's report, Global Automotive Driveshaft Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors - GKN - American Axle& Manufacturing - HYUNDAI WIA
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001778431/sample .
Other prominent vendors - A1 Cardone - Dorman - PowerTrain Industries - Pro Comp Market driver - Increase in sales of passenger cars - For a full, detailed list, view our report
Market challenge - Government regulations for owning and using passenger cars - For a full, detailed list, view our report
Market trend - Carbon fiber driveshafts - For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001778431/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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