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(Transportation-News.com, November 26, 2015 ) According to China Automotive Drive Shaft Market Report, 2014 released by SinoMarketInsight, Chinese automotive drive shaft market will keep an average growth rate of 8.29% in 2014-2017, and the market demand will reach 61.04 million units in 2017.
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Drive shafts are the parts of automobiles and construction machinery, on the demand of which the prosperity index and development scale of automotive and engineering machinery have a direct bearing. In 2013, China needed 44.38 million automotive drive shafts, of which 81.5% came from passenger cars whose base was huge. If coupled with the demand from construction machinery, China’s demand for drive shafts would reach 46.26 million units in 2013.
The highly-concentrated Chinese automotive drive shaft market presents the following competition pattern: a few powerful transmission shaft manufacturers occupy the main engine supporting market; the majority of the remaining enterprises with small scale, weak technical strength and low brand awareness dominate partial low-end main engine supporting market and maintenance services market by virtue of low prices, playing a passive role in competition. Wanxiang Qianchao, Shanghai GKN Drive Shaft and Xuchang Yuandong Drive Shaft accounted for 56.25% of the total drive shaft sales volume together in 2013, and the share is expected to be as high as 55% or so in 2014.
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Table of Contents
1. Industry’s Macro Environment
1.1 Decelerated Growth in Chinese Economy
1.2 A Drop in Growth Rate of Fixed Assets Investment
1.3 Remarkable Slowdown in Import and Export
1.4 Steady Increase of Social Consumption
2. Operation of China Automobile Industry
2.1 Automobile Market
2.2 Passenger Vehicle and Market Segments
2.3 Commercial Vehicle and Market Segments
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3 Overview of Drive Shaft Industry
3.1 Definition and Classification
3.2 Industry Chain
3.3 Test Methods
3.3.1 Performance Requirements and Test Methods of Automobile Steering Drive Shaft Assembly
3.3.2 Test Methods of Automotive Drive Shaft Assembly Benches
3.3.3 Technical Conditions of Automotive Drive Shaft Assembly
3.3.4 Test Methods and Technical Conditions of Automotive Drive Shaft Assembly Benches (Draft)
3.4 Industrial Policies
4 Automotive Drive Shaft Market
4.1 China’s Demand for Automotive Drive Shafts
4.2 China’s Drive Shaft Import and Export
4.2.1 China’s Drive Shaft Import Scale
4.2.2 China’s Drive Shaft Export
4.3 Competition Pattern and Supporting Relationship
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