Who are the key players in US Drive Shaft Market industry?

The top five players in the US Drive Shaft Market are Dana Incorporated, GKN Automotive, American Axle & Manufacturing Holdings, Inc., NTN Corporation, and Neapco Holdings LLC. These companies are recognized for their robust manufacturing capabilities, technological advancements, and strong distribution networks, making them prominent in the market.

What is the US Drive Shaft Market growth?

The US Drive Shaft Market is experiencing steady growth, driven by rising automotive production and demand for lightweight, high-performance components. For example, in 2023, Dana Incorporated saw notable sales growth due to increased OEM partnerships and expansion of its electric drive shaft product line.

Which segment accounted for the largest US Drive Shaft Market share?

The automotive passenger vehicles segment accounted for the largest share in the US Drive Shaft Market. This dominance is fueled by the rising production and sales of cars and SUVs in the US, with manufacturers like Ford and General Motors relying on advanced drive shaft solutions to enhance vehicle performance.

What are the factors driving the US Drive Shaft Market?

Recent drivers include the growing production of electric and hybrid vehicles, creating demand for innovative drive shaft technologies. Dana Incorporated, for instance, has invested in lightweight composite shafts to improve fuel efficiency and performance, aligning with stringent emission norms and evolving customer needs.

Which type accounted for the largest US Drive Shaft Market share?

Single piece drive shafts accounted for the largest share in the US market. Their popularity is due to their simplicity, reduced maintenance, and cost-effectiveness, especially in passenger cars and light trucks. Leading manufacturers have optimized these types for enhanced durability and performance in high-volume applications.

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US Drive Shaft Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

US Drive Shaft Market: by Type (Single Piece, Multi Piece, Slip-in Tube, Others), Application (Passenger Vehicles, Commercial Vehicles, Off-Road Vehicles, Industrial Equipment, Agriculture Equipment, Others), Distribution Channels (OEM, Aftermarket, Online, Offline, Distributors, Direct Sales), Technology (Conventional, Advanced Composite, Hybrid, Forged), Organization Size (Small, Medium, Large) and By US Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 23-07-2025 | Format: PDF | Report ID:1392

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Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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