The global Automotive drive shafts market has been gaining steady momentum in the recent years with the accelerated production of vehicles across the world. These mechanical devices carry power from the engine to wheels. As automotive drive shafts have to put up with extreme pressure and stress, they have designed to be strong and light weight to ensure ... Read more

Automotive Drive Shafts Market is forecasted to reach $9 billion by 2024; growing at a CAGR of 6.1% from 2016 to 2024. Automotive drive shafts are prepared from steel, aluminium, and carbon fibre. It reduces the overall weight of the vehicle with more speed and low fuel consumption, by transmitting power from the engine to the wheels.

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