Chinese Automotive Drive Shaft Industry : Demand Will Reach 61.04 Million Units in 2017
Drive shafts are the parts of automobiles and construction machinery, on the demand of which the prosperity index and development scale of automotive and engineering machinery have a direct bearing. In 2013, China needed 44.38 million automotive drive shafts, of which 81.5% came from passenger cars whose base was huge. If coupled with the demand from construction machinery, China’s demand for drive shafts would reach 46.26 million units in 2013. The highly-concentrated Chinese automotive drive shaft market presents the following competition pattern: a few powerful transmission shaft manufacturers occupy the main engine supporting market; the majority of the remaining enterprises with small scale, weak technical strength and low brand awareness dominate partial low-end main engine supporting market and maintenance services market by virtue of low prices, playing a passive role in competition. Wanxiang Qianchao, Shanghai GKN Drive Shaft and Xuchang Yuandong Drive Shaft accounted for 56.25% of the total drive shaft sales volume together in 2013, and the share is expected to be as high as 55% or so in 2014.
Drive shafts are the parts of automobiles and construction machinery, on the demand of which the prosperity index and development scale of automotive and engineering machinery have a direct bearing. In 2013, China needed 44.38 million automotive drive shafts, of which 81.5% came from passenger cars whose base was huge. If coupled with the demand from construction machinery, China’s demand for drive shafts would reach 46.26 million units in 2013.
The highly-concentrated Chinese automotive drive shaft market presents the following competition pattern: a few powerful transmission shaft manufacturers occupy the main engine supporting market; the majority of the remaining enterprises with small scale, weak technical strength and low brand awareness dominate partial low-end main engine supporting market and maintenance services market by virtue of low prices, playing a passive role in competition. Wanxiang Qianchao, Shanghai GKN Drive Shaft and Xuchang Yuandong Drive Shaft accounted for 56.25% of the total drive shaft sales volume together in 2013, and the share is expected to be as high as 55% or so in 2014.
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Ch<strong>in</strong>a <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market Report, 2014<br />
Order report by call<strong>in</strong>g ReportsnReports.com at +1 888 391 5441 OR send an email on<br />
sales@reportsandreports.com with Ch<strong>in</strong>a <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market Report <strong>in</strong> subject<br />
l<strong>in</strong>e and your contact details.<br />
Accord<strong>in</strong>g to Ch<strong>in</strong>a <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market Report, 2014, <strong>Ch<strong>in</strong>ese</strong> automotive drive shaft<br />
market will keep an average growth rate of 8.29% <strong>in</strong> 2014-<strong>2017</strong>, and the market demand will reach<br />
<strong>61.04</strong> million units <strong>in</strong> <strong>2017</strong>.<br />
<strong>Drive</strong> shafts are the parts of automobiles and construction mach<strong>in</strong>ery, on the demand of which the<br />
prosperity <strong>in</strong>dex and development scale of automotive and eng<strong>in</strong>eer<strong>in</strong>g mach<strong>in</strong>ery have a direct<br />
bear<strong>in</strong>g. In 2013, Ch<strong>in</strong>a needed 44.38 million automotive drive shafts, of which 81.5% came from<br />
passenger cars whose base was huge. If coupled with the demand from construction mach<strong>in</strong>ery,<br />
Ch<strong>in</strong>a’s demand for drive shafts would reach 46.26 million units <strong>in</strong> 2013.<br />
The highly-concentrated <strong>Ch<strong>in</strong>ese</strong> automotive drive shaft market presents the follow<strong>in</strong>g competition<br />
pattern: a few powerful transmission shaft manufacturers occupy the ma<strong>in</strong> eng<strong>in</strong>e support<strong>in</strong>g<br />
market; the majority of the rema<strong>in</strong><strong>in</strong>g enterprises with small scale, weak technical strength and low<br />
brand awareness dom<strong>in</strong>ate partial low-end ma<strong>in</strong> eng<strong>in</strong>e support<strong>in</strong>g market and ma<strong>in</strong>tenance<br />
services market by virtue of low prices, play<strong>in</strong>g a passive role <strong>in</strong> competition. Wanxiang Qianchao,<br />
Shanghai GKN <strong>Drive</strong> <strong>Shaft</strong> and Xuchang Yuandong <strong>Drive</strong> <strong>Shaft</strong> accounted for 56.25% of the total<br />
drive shaft sales volume together <strong>in</strong> 2013, and the share is expected to be as high as 55% or so <strong>in</strong><br />
2014.<br />
Buy a copy of report @ http://www.reportsnreports.com/Purchase.aspx?name=311385.<br />
Xuchang Yuandong <strong>Drive</strong> <strong>Shaft</strong> is engaged <strong>in</strong> R & D, production and market<strong>in</strong>g of non-isok<strong>in</strong>etic<br />
drive shafts with the annual output of 3.6 million sets of such shafts boast<strong>in</strong>g the most diversified<br />
types and the most comprehensive specifications <strong>in</strong> Ch<strong>in</strong>a.<br />
In 2013, the sluggish <strong>Ch<strong>in</strong>ese</strong> commercial vehicle and construction mach<strong>in</strong>ery market boosted<br />
Xuchang Yuandong <strong>Drive</strong> <strong>Shaft</strong> to step <strong>in</strong> the field of m<strong>in</strong>i-car and passenger car transmission<br />
shafts, stimulat<strong>in</strong>g the substantial growth <strong>in</strong> shaft sales volume. Meanwhile, the shaft revenue of the<br />
company ascended 44.59% year on year to RMB937.65 million. In the next few years, the<br />
company's performance will ma<strong>in</strong>ta<strong>in</strong> steady growth <strong>in</strong> the wake of its exploration <strong>in</strong> the passenger<br />
car market.<br />
The report ma<strong>in</strong>ly conta<strong>in</strong>s six chapters and 113 charts, stat<strong>in</strong>g Ch<strong>in</strong>a's overall economic situation,<br />
the overview of Ch<strong>in</strong>a's automobile <strong>in</strong>dustry, automotive drive shaft market demand (<strong>in</strong>clud<strong>in</strong>g<br />
import & export), and the competitive landscape of the automotive drive shaft market, as well as<br />
<strong>in</strong>troduc<strong>in</strong>g the revenue, transmission shaft production and market<strong>in</strong>g, capacity and production<br />
bases of 20 global and <strong>Ch<strong>in</strong>ese</strong> major automotive drive shaft manufacturers.<br />
Ch<strong>in</strong>a <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market Report, 2014
Inquiry before Buy<strong>in</strong>g @<br />
http://www.reportsnreports.com/contacts/<strong>in</strong>quirybeforebuy.aspx?name=311385.<br />
Companies Listed<br />
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Dana<br />
GKN<br />
AAM<br />
Toyota’s Parts Factory <strong>in</strong> India<br />
Nexteer<br />
Wanxiang Qianchao<br />
Shanghai GKN <strong>Drive</strong> <strong>Shaft</strong> Co., Ltd<br />
Xuchang Yuandong <strong>Drive</strong> <strong>Shaft</strong><br />
Hebei Yulong <strong>Drive</strong> <strong>Shaft</strong> Co., Ltd<br />
Fawer <strong>Automotive</strong> Parts Limited Company<br />
Shenyang Spicer <strong>Drive</strong>shaft<br />
J<strong>in</strong>an Commercial Vehicle Co., Ltd. of Ch<strong>in</strong>a National Heavy Duty Truck Group<br />
Donghua <strong>Automotive</strong> Industrial Co., Ltd.<br />
Henan Zhongzhou Hold<strong>in</strong>g Group<br />
Shaanxi Lantong Transmission <strong>Shaft</strong> Co., Ltd<br />
GSP <strong>Automotive</strong><br />
Liuzhou Hengli Transmission <strong>Shaft</strong> Co., Ltd.<br />
Jil<strong>in</strong> GKN Nor<strong>in</strong>co <strong>Drive</strong> <strong>Shaft</strong> Co., Ltd.<br />
Jiangsu Golden Transmission Co., Ltd<br />
Hubei Danjiangkou Dan Chuan <strong>Automotive</strong> Transmission <strong>Shaft</strong> Co., Ltd<br />
Table of Contents<br />
1. <strong>Industry</strong>’s Macro Environment<br />
2. Operation of Ch<strong>in</strong>a Automobile <strong>Industry</strong><br />
3 Overview of <strong>Drive</strong> <strong>Shaft</strong> <strong>Industry</strong><br />
4 <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market<br />
5 Major Foreign Companies<br />
6 <strong>Ch<strong>in</strong>ese</strong> Companies<br />
List of Charts<br />
Ch<strong>in</strong>a <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market Report, 2014
Explore Report on <strong>Automotive</strong> Market.<br />
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Ch<strong>in</strong>a <strong>Automotive</strong> <strong>Drive</strong> <strong>Shaft</strong> Market Report, 2014