Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Constant Velocity Joint Market Research

Automotive Constant Velocity Joint Market 2018
Automotive Constant Velocity Joint Market 2018, is latest research report by
MarketResearchFuture, the global Automotive Constant Velocity Joint market is expected to
Register High Growth Rate during 2018 To 2023. Report analyzes Automotive Constant Velocity
Joint Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to
2023.
The Prominent Players in The Automotive Constant Velocity Joints Market Are:
GKN (U.K.), IFA Rotorion (Germany), SKF (Sweden), NTN Corporation (Japan), Nexteer
Automotive (U.S.) NKN Co. Ltd. (Japan), ZWZ (China),andZhejiang ODM Transmission
Technology Co.,Ltd. (China). Wanxiang Qianchao Co. Ltd. (China), Nanyang Automobile & Cycle
Group (China), Taizhou Hongli Automobile Parts Co. Ltd. (China), Shandong Huifeng Auto
Fittings Co. Ltd.(China), American Axle & Manufacturing Holdings, Inc.(U.S.), Hyundai WIA
Corporation (South Korea) and Neapco Holdings LLC (U.S.) are among others.
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Market Scenario:
Constant-velocity joints are needed to transfer torque through variable angles at constant
speed, which allow an up & down motion of the steering and spring deflection. Most of the
front wheel drive vehicles use constant velocity joints to allow constant rotational speed. The
advantage of using constant velocity joint is they provides the same output energy in relation to
the input energy.
Constant velocity joints are efficient for high power transmission where operating angles are
sharp and may be used in various agricultural and industrial applications. They can be
accommodated in less space and require less driving units as well as they reduced noise. Thus,
it maintains the comfort of vehicle occupants.
Constant velocity joints market has seen remarkable growth in the global market and it has
been observed that it is expected to rise with the CAGR of ~6.56%. Rapid increase in sales of
passenger cars, hatchback, SUV, and Sedans, across the globe, drive the growth of constant
velocity joints. Rapidly growing construction industry, across the globe, drives the growth of
global automotive constant velocity joints due to an increase in demand of heavy motor vehicle
for carrying construction materials. Global transportation and logistics industry is growing due
to the increasing logistics in the industry, which drives the global automotive constant vehicle
joint market. Constant velocity joints provide smooth turning, and easy drive, enhancing the