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The future of the global automotive drive shaft market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle segments. The global automotive drive shaft market is expected to grow with a CAGR of 6%-8% from 2021 to 2026. The major drivers for this market are rising awareness of fuel efficiency, growing vehicle production, and enhanced driving experience.
Emerging trends, which have a direct impact on the dynamics of the industry, include development of lightweight drive shafts, employment of electric cars, and increasing production capacity of vehicles.
A total of 130 figures / charts and 104 tables are provided in this more than 150 page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive drive shaft market report, please download the report brochure.