Market Overview

Global Automotive Constant Velocity Joint Market Analysis, Trends, Drivers, Challenges & Forecasts 2018-2022 - ResearchAndMarkets.com

Share:

The "Global
Automotive Constant Velocity Joint Market 2018-2022"
report has
been added to ResearchAndMarkets.com's offering.

The analysts forecast the global automotive constant velocity joint
market to grow to more than 518 million units by 2022.

Constant velocity (CV) pint is a mechanical power transmission component
that provides rotational motion without any friction in an axle. It
provides the same output velocity in relation to the input velocity,
independent of the angle it is operated at. It is mainly used in
front-wheel drive vehicles and many modern rear-wheel drive cars with
independent rear suspension.

One trend in the market is advancements in design. CV joint
manufacturers are introducing innovative design changes in CV joints to
meet the stringent emission norms and regulations. GKN, one of the major
manufacturers of CV joints, has developed VL3 series CV joints, which
debuted in BMW 7 series models in 2016.

One driver in the market is increase in passenger vehicle sales
globally. The increasing sales of passenger vehicles, such as sedans,
hatchbacks, minicars, SUVs, crossovers, and vans are driving the growth
of the automotive CV joint market. The sedan and hatchback segments
significantly contribute to the global passenger vehicle market.

The report states that one challenge in the market is growing preference
for public transport to reduce greenhouse gas emissions. The demand for
CV joints can be correlated with the production of new vehicles in the
market. With increasing concerns about climatic changes, most developed
and developing economies are taking up initiatives through summits, such
as Kyoto Protocol, aimed at adopting various measures to reduce the
greenhouse gases.

Companies Mentioned

  • American Axle & Manufacturing
  • Dana
  • GKN
  • Meritor
  • NTN

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Application

8: Customer Landscape

9: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/8pfmvd/global_automotive?w=4

View Comments and Join the Discussion!