Automotive & Mobility Components · Direct
Monitoring · monthlyProcurement Category Intelligence
Drive Shafts
Overview
Market size
$19
global, USD
CAGR
4.2%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
12
1 high severity
Market outlook
2031$23
What changed
Demand by region
Asia Pacific demand48%
Europe demand22%
North America demand20%
Latin America demand6%
Rest of world demand4%
share of global demandtotal 100%
Cost drivers
Raw Steel Feedstock45%
Manufacturing and Forging Labor25%
Energy and Utilities15%
Inbound and Outbound Logistics10%
Machinery Depreciation and Tooling5%
share of delivered cost (analyst estimate)