Constant Velocity Universal Joint Market (Updated Version Available)

Constant-velocity joints (CV joints) allow a drive shaft to transmit power through a variable angle, at constant rotational speed, without an appreciable increase in friction or play. They are mainly used in front wheel drive vehicles, and many modern rear wheel drive cars with independent rear suspension typically use CV joints at the ends of the rear axle halfshafts and increasingly use them on the propshafts (drive shafts).
In the next years, the growth rate of automotive production may decrease in Europe and US, but the enormous automotive population will provide large market demand. In China, the growth rate of automotive production will still be higher than other regions. The situation of automotive constant velocity universal joint industry will be the same.
There is large technical gap between automotive constant velocity universal joints produced by manufacturers from China and abroad. To maintain market share, these domestic manufacturers must invest more on research and development.
In China, the distribution of automotive manufacturers is relatively concentrated, which means the downstream market is concentrated. To get rid of the limit and reduce the risk, automotive constant velocity universal joint manufacturers should seek more automotive manufacturers as cooperative partners.

The report offers detailed coverage of Constant Velocity Universal Joint industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Constant Velocity Universal Joint by geography. The report splits the market size, by volume and value, on the basis of application type and geography.

The report forecast global Constant Velocity Universal Joint market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.

First, this report covers the present status and the future prospects of the global Constant Velocity Universal Joint market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
GKN
NTN
AAM
Meritor
Wanxiang
Dana
Nexteer
Hyundai WIA
JTEKT
IFA Rotorion
SKF
Seohan Group
Guansheng
Neapco
Feizhou Vehicle
Heri Automotive
Xiangyang Automobile Bearing

At the same time, we classify Constant Velocity Universal Joint according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Ball Type
Fork Type
Market by Application
Passenger Vehicle
Commercial Vehicle

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Constant Velocity Universal Joint market for the forecast period 2021 - 2025?
• What are the driving forces in the Constant Velocity Universal Joint market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Constant Velocity Universal Joint industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?