According to Research, the global market for CV Drive Axles should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China CV Drive Axles market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States CV Drive Axles market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, OEM segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Light Duty Truck has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of CV Drive Axles include Wonh Industries, Aircraft Gear Corp, Kalyani Mobility Drivelines, CARDONE, GSP, GKN Automotive, Worldparts, Dorman and SKF, etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
CV drive axles transfer power from the transmission to the drive wheels of a vehicle. They consist of a CV Joint and Drive Shaft. CV half shafts are designed to work at varying angles, constant rotational speeds, without friction and play. CV Axles can be found in front wheel drive, four wheel drive and rear wheel drive vehicles, equipped with independent suspension systems.
This report aims to provide a comprehensive study of the global market for CV Drive Axles. Report Highlights:
(1) Global CV Drive Axles market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global CV Drive Axles market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China CV Drive Axles market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global CV Drive Axles segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global CV Drive Axles segment by type and by application and regional segment by type and by application.
(6) Global major production regions of CV Drive Axles, capacity, production and trends.
(7) CV Drive Axles industry supply chain, upstream, midstream and downstream analysis.
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Market segment by type, covers
OEM
Aftermarket
Market segment by application, can be divided into
Light Duty Truck
Fuel Vehicle
EV and Specialty Vehicles
Military Trucks
Motorsports
Construction and Off-Highway Vehicles
Others
Market segment by players, this report covers
Wonh Industries
Aircraft Gear Corp
Kalyani Mobility Drivelines
CARDONE
GSP
GKN Automotive
Worldparts
Dorman
SKF
NTN
Seohan Group
SDS
Nexteer
Wanxiang
Hyundai WIA
JTEKT
Guansheng
1 Market Overview
1.1 CV Drive Axles Definition
1.2 Global CV Drive Axles Market Size and Forecast
1.2.1 By Revenue, Global CV Drive Axles Market Size, 2018-2029
1.2.2 By Sales Volume, Global CV Drive Axles Market Size, 2018-2029
1.2.3 Global CV Drive Axles Price Trend, 2018-2029
1.3 China CV Drive Axles Market Size and Forecast
1.3.1 By Revenue, China CV Drive Axles Market Size, 2018-2029
1.3.2 By Sales Volume, China CV Drive Axles Market Size, 2018-2029
1.3.3 China CV Drive Axles Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China CV Drive Axles Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China CV Drive Axles Share in Global Market, 2018-2029
1.4.3 CV Drive Axles Market Size: China VS Global, 2018-2029
1.5 CV Drive Axles Market Dynamics
1.5.1 CV Drive Axles Market Drivers
1.5.2 CV Drive Axles Market Restraints
1.5.3 CV Drive Axles Industry Trends
1.5.4 CV Drive Axles Industry Policy
2 Global Competitive Landscape by Company
2.1 Global CV Drive Axles Revenue by Company, 2018-2023
2.2 Global CV Drive Axles Sales Volume by Company, 2018-2023
2.3 Global CV Drive Axles Price by Company, 2018-2023
2.4 Global CV Drive Axles Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global CV Drive Axles Concentration Ratio
2.6 Global CV Drive Axles Mergers & Acquisitions, Expansion Plans
2.7 Global CV Drive Axles Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China CV Drive Axles Revenue by Company, 2018-2023
3.2 China CV Drive Axles Sales Volume by Company, 2018-2023
3.3 China CV Drive Axles CV Drive Axles Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China CV Drive Axles Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, CV Drive Axles Domestic VS Export
3.6 China Market, CV Drive Axles Import & Export
3.6.1 China Market, CV Drive Axles Import & Export, 2018-2029
3.6.2 China CV Drive Axles Import & Export Trends
3.6.3 Main Sources of China CV Drive Axles Import
3.6.4 Export Destination of China CV Drive Axles
4 CV Drive Axles Production by Region
4.1 Global CV Drive Axles Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of CV Drive Axles Manufacturers
4.3 Global Major Manufacturers, CV Drive Axles Capacity Expansion and Future Plans
4.4 Global CV Drive Axles Capacity by Region
4.5 Global CV Drive Axles Production by Region
4.5.1 Global CV Drive Axles Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global CV Drive Axles Production by Region, 2018-2023
4.5.3 Global CV Drive Axles Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 CV Drive Axles Industry Chain
5.2 CV Drive Axles Upstream Analysis
5.2.1 CV Drive Axles Core Raw Materials
5.2.2 Main Manufacturers of CV Drive Axles Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 CV Drive Axles Production Mode
5.6 CV Drive Axles Procurement Model
5.7 CV Drive Axles Industry Sales Model and Sales Channels
5.7.1 CV Drive Axles Sales Model
5.7.2 CV Drive Axles Typical Distributors
6 Sights by Type
6.1 CV Drive Axles Classification
6.1.1 OEM
6.1.2 Aftermarket
6.2 By Type, Global CV Drive Axles Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global CV Drive Axles Revenue, 2018-2029
6.4 By Type, Global CV Drive Axles Sales Volume, 2018-2029
6.5 By Type, Global CV Drive Axles Price, 2018-2029
7 Sights by Application
7.1 CV Drive Axles Segment by Application
7.1.1 Light Duty Truck
7.1.2 Fuel Vehicle
7.1.3 EV and Specialty Vehicles
7.1.4 Military Trucks
7.1.5 Motorsports
7.1.6 Construction and Off-Highway Vehicles
7.1.7 Others
7.2 By Application, Global CV Drive Axles Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global CV Drive Axles Revenue, 2018-2029
7.4 By Application, Global CV Drive Axles Sales Volume, 2018-2029
7.5 By Application, Global CV Drive Axles Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global CV Drive Axles Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global CV Drive Axles Revenue, 2018-2029
8.3 By Region, Global CV Drive Axles Sales Volume, 2018-2029
8.4 North America
8.4.1 North America CV Drive Axles Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America CV Drive Axles Market Size Market Share
8.5 Europe
8.5.1 Europe CV Drive Axles Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe CV Drive Axles Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific CV Drive Axles Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific CV Drive Axles Market Size Market Share
8.7 South America
8.7.1 South America CV Drive Axles Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America CV Drive Axles Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global CV Drive Axles Market Size & CAGR,2018 VS 2022 VS 2029
9.2 By Country, Global CV Drive Axles Revenue, 2018-2029
9.3 By Country, Global CV Drive Axles Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. CV Drive Axles Market Size, 2018-2029
9.4.2 By Company, U.S. CV Drive Axles Sales Volume Market Share, 2022
9.4.3 By Type, U.S. CV Drive Axles Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. CV Drive Axles Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe CV Drive Axles Market Size, 2018-2029
9.5.2 By Company, Europe CV Drive Axles Sales Volume Market Share, 2022
9.5.3 By Type, Europe CV Drive Axles Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe CV Drive Axles Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China CV Drive Axles Market Size, 2018-2029
9.6.2 By Company, China CV Drive Axles Sales Volume Market Share, 2022
9.6.3 By Type, China CV Drive Axles Market Size, Share, 2022 VS 2029
9.6.4 By Application, China CV Drive Axles Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan CV Drive Axles Market Size, 2018-2029
9.7.2 By Company, Japan CV Drive Axles Sales Volume Market Share, 2022
9.7.3 By Type, Japan CV Drive Axles Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan CV Drive Axles Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea CV Drive Axles Market Size, 2018-2029
9.8.2 By Company, South Korea CV Drive Axles Sales Volume Market Share, 2022
9.8.3 By Type, South Korea CV Drive Axles Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea CV Drive Axles Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia CV Drive Axles Market Size, 2018-2029
9.9.2 By Company, Southeast Asia CV Drive Axles Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia CV Drive Axles Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia CV Drive Axles Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India CV Drive Axles Market Size, 2018-2029
9.10.2 By Company, India CV Drive Axles Sales Volume Market Share, 2022
9.10.3 By Type, India CV Drive Axles Market Size, Share, 2022 VS 2029
9.10.4 By Application, India CV Drive Axles Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia CV Drive Axles Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia CV Drive Axles Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia CV Drive Axles Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia CV Drive Axles Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 Wonh Industries
10.1.1 Wonh Industries Company Information, Head Office, Market Area and Industry Position
10.1.2 Wonh Industries CV Drive Axles Models, Specifications and Application
10.1.3 Wonh Industries CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 Wonh Industries Company Profile and Main Business
10.1.5 Wonh Industries Recent Developments
10.2 Aircraft Gear Corp
10.2.1 Aircraft Gear Corp Company Information, Head Office, Market Area and Industry Position
10.2.2 Aircraft Gear Corp CV Drive Axles Models, Specifications and Application
10.2.3 Aircraft Gear Corp CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Aircraft Gear Corp Company Profile and Main Business
10.2.5 Aircraft Gear Corp Recent Developments
10.3 Kalyani Mobility Drivelines
10.3.1 Kalyani Mobility Drivelines Company Information, Head Office, Market Area and Industry Position
10.3.2 Kalyani Mobility Drivelines CV Drive Axles Models, Specifications and Application
10.3.3 Kalyani Mobility Drivelines CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Kalyani Mobility Drivelines Company Profile and Main Business
10.3.5 Kalyani Mobility Drivelines Recent Developments
10.4 CARDONE
10.4.1 CARDONE Company Information, Head Office, Market Area and Industry Position
10.4.2 CARDONE CV Drive Axles Models, Specifications and Application
10.4.3 CARDONE CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 CARDONE Company Profile and Main Business
10.4.5 CARDONE Recent Developments
10.5 GSP
10.5.1 GSP Company Information, Head Office, Market Area and Industry Position
10.5.2 GSP CV Drive Axles Models, Specifications and Application
10.5.3 GSP CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 GSP Company Profile and Main Business
10.5.5 GSP Recent Developments
10.6 GKN Automotive
10.6.1 GKN Automotive Company Information, Head Office, Market Area and Industry Position
10.6.2 GKN Automotive CV Drive Axles Models, Specifications and Application
10.6.3 GKN Automotive CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 GKN Automotive Company Profile and Main Business
10.6.5 GKN Automotive Recent Developments
10.7 Worldparts
10.7.1 Worldparts Company Information, Head Office, Market Area and Industry Position
10.7.2 Worldparts CV Drive Axles Models, Specifications and Application
10.7.3 Worldparts CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Worldparts Company Profile and Main Business
10.7.5 Worldparts Recent Developments
10.8 Dorman
10.8.1 Dorman Company Information, Head Office, Market Area and Industry Position
10.8.2 Dorman CV Drive Axles Models, Specifications and Application
10.8.3 Dorman CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.8.4 Dorman Company Profile and Main Business
10.8.5 Dorman Recent Developments
10.9 SKF
10.9.1 SKF Company Information, Head Office, Market Area and Industry Position
10.9.2 SKF CV Drive Axles Models, Specifications and Application
10.9.3 SKF CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.9.4 SKF Company Profile and Main Business
10.9.5 SKF Recent Developments
10.10 NTN
10.10.1 NTN Company Information, Head Office, Market Area and Industry Position
10.10.2 NTN CV Drive Axles Models, Specifications and Application
10.10.3 NTN CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.10.4 NTN Company Profile and Main Business
10.10.5 NTN Recent Developments
10.11 Seohan Group
10.11.1 Seohan Group Company Information, Head Office, Market Area and Industry Position
10.11.2 Seohan Group CV Drive Axles Models, Specifications and Application
10.11.3 Seohan Group CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.11.4 Seohan Group Company Profile and Main Business
10.11.5 Seohan Group Recent Developments
10.12 SDS
10.12.1 SDS Company Information, Head Office, Market Area and Industry Position
10.12.2 SDS CV Drive Axles Models, Specifications and Application
10.12.3 SDS CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.12.4 SDS Company Profile and Main Business
10.12.5 SDS Recent Developments
10.13 Nexteer
10.13.1 Nexteer Company Information, Head Office, Market Area and Industry Position
10.13.2 Nexteer CV Drive Axles Models, Specifications and Application
10.13.3 Nexteer CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.13.4 Nexteer Company Profile and Main Business
10.13.5 Nexteer Recent Developments
10.14 Wanxiang
10.14.1 Wanxiang Company Information, Head Office, Market Area and Industry Position
10.14.2 Wanxiang CV Drive Axles Models, Specifications and Application
10.14.3 Wanxiang CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.14.4 Wanxiang Company Profile and Main Business
10.14.5 Wanxiang Recent Developments
10.15 Hyundai WIA
10.15.1 Hyundai WIA Company Information, Head Office, Market Area and Industry Position
10.15.2 Hyundai WIA CV Drive Axles Models, Specifications and Application
10.15.3 Hyundai WIA CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.15.4 Hyundai WIA Company Profile and Main Business
10.15.5 Hyundai WIA Recent Developments
10.16 JTEKT
10.16.1 JTEKT Company Information, Head Office, Market Area and Industry Position
10.16.2 JTEKT CV Drive Axles Models, Specifications and Application
10.16.3 JTEKT CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.16.4 JTEKT Company Profile and Main Business
10.16.5 JTEKT Recent Developments
10.17 Guansheng
10.17.1 Guansheng Company Information, Head Office, Market Area and Industry Position
10.17.2 Guansheng CV Drive Axles Models, Specifications and Application
10.17.3 Guansheng CV Drive Axles Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.17.4 Guansheng Company Profile and Main Business
10.17.5 Guansheng Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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