Global 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.
Furthermore, driving factors such as growth in ... Read more