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Description
The global Constant Velocity Universal Joint market size was US$ 5848 million in 2024 and is forecast to a readjusted size of US$ 7146 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031. Constant velocity joints (CV joints) allow a drive shaft to transmit power through a variable angle, at constant rotational speed, without an appreciable increase in friction or play. All front-wheel drive cars have Constant Velocity joints or CV joints on both ends of the drive shafts (half shafts). Inner CV joints connect the drive shafts to the transmission, while the outer CV joints connect the drive shafts to the wheels. Many rear-wheel drive and four-wheel drive cars as well as trucks also have CV joints. Constant velocity universal joint is also called half shaft constant velocity joint, side shaft constant velocity joint.
Constant Velocity Universal Joint Market Size(US$)
M= millions and B=billions
Recovery in Global Vehicle Production: After the disruptions caused by the COVID-19 pandemic, the automotive sector is witnessing significant recovery in vehicle production. Increased production directly correlates to a higher demand for critical components like CV joints, especially for internal combustion engine (ICE) and electric vehicles (EVs).
Rising Vehicle Sales in Emerging Markets: Emerging economies such as China, India, and Southeast Asia are seeing a growing middle class with higher purchasing power. This expanding consumer base leads to increased vehicle sales and, in turn, drives demand for CV joints in both OEM (Original Equipment Manufacturer) and aftermarket segments.
Shift to Electric Powertrains: The rise in demand for electric and hybrid vehicles is significantly affecting the CV joint market. Electric drivetrains, which often have higher torque demands compared to traditional internal combustion engines, require robust and efficient CV joints capable of withstanding these stresses.
Growth in Hybrid and All-Wheel-Drive (AWD) EVs: Many electric vehicle models, particularly those in the luxury and performance segments, come with AWD systems, requiring specialized CV joints to manage torque distribution effectively. The expansion of EVs, especially in markets like Europe and North America, will continue to drive CV joint demand.
Increasing Average Vehicle Age: In regions like North America and Europe, the average age of vehicles on the road is rising. Older vehicles require replacement parts, including CV joints, which drives the growth of the aftermarket segment. This trend is compounded by increasing vehicle repair and maintenance costs, with consumers opting to repair older vehicles rather than buy new ones.
Do-It-Yourself (DIY) Culture: The rise of online platforms for vehicle parts has empowered DIY mechanics and small repair shops, contributing to growth in the aftermarket. As consumers increasingly rely on e-commerce to purchase auto parts, the aftermarket for CV joints has seen significant expansion, particularly in developed markets.
Expansion of Auto Parts Distribution Networks: A growing number of online platforms and retail stores are providing easy access to auto parts, including CV joints. The increased availability of aftermarket parts boosts overall demand.
The global Constant Velocity Universal Joint market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
Report Metric
Details
Report Title
Global Constant Velocity Universal Joint Sales Market Report, Competitive Analysis and Regional Opportunities 2025-2031
Forecasted Market Size in 2031
US$ 7146 million
CAGR(2025-2031)
2.7%
Market Size Available for Years
2025-2031
Global Constant Velocity Universal Joint Companies Covered
GKN
NTN
SDS
Nexteer
Korea Movenex
Hyundai WIA
Wanxiang
GSP Automotive Group
Neapco
JTEKT
SKF
IFA Group
Xiangyang Automobile Bearing
Global Constant Velocity Universal Joint Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Constant Velocity Universal Joint Market, Segment by Type
Outboard Joints
Inboard Joints
Global Constant Velocity Universal Joint Market, Segment by Application
OEM
Aftermarket
Forecast Units
USD million in value
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term). Chapter 2: Quantitative analysis of Constant Velocity Universal Joint market size and growth potential at global, regional, and country levels. Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus). Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Inboard Joints in China). Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Aftermarket in India). Chapter 6: Regional sales and revenue breakdown by company, type, application and customer. Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments. Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies. Chapter 9: Actionable conclusions and strategic recommendations. Why This Report? Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Constant Velocity Universal Joint value chain, addressing: - Market entry risks/opportunities by region - Product mix optimization based on local practices - Competitor tactics in fragmented vs. consolidated markets
Table of Contents
1 Market Overview
1.1 Constant Velocity Universal Joint Product Scope
1.2 Constant Velocity Universal Joint by Type
1.2.1 Global Constant Velocity Universal Joint Sales by Type (2020 & 2024 & 2031)
1.2.2 Outboard Joints
1.2.3 Inboard Joints
1.3 Constant Velocity Universal Joint by Application
1.3.1 Global Constant Velocity Universal Joint Sales Comparison by Application (2020 & 2024 & 2031)
1.3.2 OEM
1.3.3 Aftermarket
1.4 Global Constant Velocity Universal Joint Market Estimates and Forecasts (2020-2031)
1.4.1 Global Constant Velocity Universal Joint Market Size in Value Growth Rate (2020-2031)
1.4.2 Global Constant Velocity Universal Joint Market Size in Volume Growth Rate (2020-2031)
1.4.3 Global Constant Velocity Universal Joint Price Trends (2020-2031)
1.5 Assumptions and Limitations
2 Market Size and Prospective by Region
2.1 Global Constant Velocity Universal Joint Market Size by Region: 2020 VS 2024 VS 2031
2.2 Global Constant Velocity Universal Joint Retrospective Market Scenario by Region (2020-2025)
2.2.1 Global Constant Velocity Universal Joint Sales Market Share by Region (2020-2025)
2.2.2 Global Constant Velocity Universal Joint Revenue Market Share by Region (2020-2025)
2.3 Global Constant Velocity Universal Joint Market Estimates and Forecasts by Region (2026-2031)
2.3.1 Global Constant Velocity Universal Joint Sales Estimates and Forecasts by Region (2026-2031)
2.3.2 Global Constant Velocity Universal Joint Revenue Forecast by Region (2026-2031)
2.4 Major Region and Emerging Market Analysis
2.4.1 North America Constant Velocity Universal Joint Market Size and Prospective (2020-2031)
2.4.2 Europe Constant Velocity Universal Joint Market Size and Prospective (2020-2031)
2.4.3 China Constant Velocity Universal Joint Market Size and Prospective (2020-2031)
2.4.4 Japan Constant Velocity Universal Joint Market Size and Prospective (2020-2031)
3 Global Market Size by Type
3.1 Global Constant Velocity Universal Joint Historic Market Review by Type (2020-2025)
3.1.1 Global Constant Velocity Universal Joint Sales by Type (2020-2025)
3.1.2 Global Constant Velocity Universal Joint Revenue by Type (2020-2025)
3.1.3 Global Constant Velocity Universal Joint Price by Type (2020-2025)
3.2 Global Constant Velocity Universal Joint Market Estimates and Forecasts by Type (2026-2031)
3.2.1 Global Constant Velocity Universal Joint Sales Forecast by Type (2026-2031)
3.2.2 Global Constant Velocity Universal Joint Revenue Forecast by Type (2026-2031)
3.2.3 Global Constant Velocity Universal Joint Price Forecast by Type (2026-2031)
3.3 Different Types Constant Velocity Universal Joint Representative Players
4 Global Market Size by Application
4.1 Global Constant Velocity Universal Joint Historic Market Review by Application (2020-2025)
4.1.1 Global Constant Velocity Universal Joint Sales by Application (2020-2025)
4.1.2 Global Constant Velocity Universal Joint Revenue by Application (2020-2025)
4.1.3 Global Constant Velocity Universal Joint Price by Application (2020-2025)
4.2 Global Constant Velocity Universal Joint Market Estimates and Forecasts by Application (2026-2031)
4.2.1 Global Constant Velocity Universal Joint Sales Forecast by Application (2026-2031)
4.2.2 Global Constant Velocity Universal Joint Revenue Forecast by Application (2026-2031)
4.2.3 Global Constant Velocity Universal Joint Price Forecast by Application (2026-2031)
4.3 New Sources of Growth in Constant Velocity Universal Joint Application
5 Competition Landscape by Players
5.1 Global Constant Velocity Universal Joint Sales by Players (2020-2025)
5.2 Global Top Constant Velocity Universal Joint Players by Revenue (2020-2025)
5.3 Global Constant Velocity Universal Joint Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Constant Velocity Universal Joint as of 2024)
5.4 Global Constant Velocity Universal Joint Average Price by Company (2020-2025)
5.5 Global Key Manufacturers of Constant Velocity Universal Joint, Manufacturing Sites & Headquarters
5.6 Global Key Manufacturers of Constant Velocity Universal Joint, Product Type & Application
5.7 Global Key Manufacturers of Constant Velocity Universal Joint, Date of Enter into This Industry
5.8 Manufacturers Mergers & Acquisitions, Expansion Plans
6 Region Analysis
6.1 North America Market: Players, Segments, Downstream and Major Customers
6.1.1 North America Constant Velocity Universal Joint Sales by Company
6.1.1.1 North America Constant Velocity Universal Joint Sales by Company (2020-2025)
6.1.1.2 North America Constant Velocity Universal Joint Revenue by Company (2020-2025)
6.1.2 North America Constant Velocity Universal Joint Sales Breakdown by Type (2020-2025)
6.1.3 North America Constant Velocity Universal Joint Sales Breakdown by Application (2020-2025)
6.1.4 North America Constant Velocity Universal Joint Major Customer
6.1.5 North America Market Trend and Opportunities
6.2 Europe Market: Players, Segments, Downstream and Major Customers
6.2.1 Europe Constant Velocity Universal Joint Sales by Company
6.2.1.1 Europe Constant Velocity Universal Joint Sales by Company (2020-2025)
6.2.1.2 Europe Constant Velocity Universal Joint Revenue by Company (2020-2025)
6.2.2 Europe Constant Velocity Universal Joint Sales Breakdown by Type (2020-2025)
6.2.3 Europe Constant Velocity Universal Joint Sales Breakdown by Application (2020-2025)
6.2.4 Europe Constant Velocity Universal Joint Major Customer
6.2.5 Europe Market Trend and Opportunities
6.3 China Market: Players, Segments, Downstream and Major Customers
6.3.1 China Constant Velocity Universal Joint Sales by Company
6.3.1.1 China Constant Velocity Universal Joint Sales by Company (2020-2025)
6.3.1.2 China Constant Velocity Universal Joint Revenue by Company (2020-2025)
6.3.2 China Constant Velocity Universal Joint Sales Breakdown by Type (2020-2025)
6.3.3 China Constant Velocity Universal Joint Sales Breakdown by Application (2020-2025)
6.3.4 China Constant Velocity Universal Joint Major Customer
6.3.5 China Market Trend and Opportunities
6.4 Japan Market: Players, Segments, Downstream and Major Customers
6.4.1 Japan Constant Velocity Universal Joint Sales by Company
6.4.1.1 Japan Constant Velocity Universal Joint Sales by Company (2020-2025)
6.4.1.2 Japan Constant Velocity Universal Joint Revenue by Company (2020-2025)
6.4.2 Japan Constant Velocity Universal Joint Sales Breakdown by Type (2020-2025)
6.4.3 Japan Constant Velocity Universal Joint Sales Breakdown by Application (2020-2025)
6.4.4 Japan Constant Velocity Universal Joint Major Customer
6.4.5 Japan Market Trend and Opportunities
7 Company Profiles and Key Figures
7.1 GKN
7.1.1 GKN Company Information
7.1.2 GKN Business Overview
7.1.3 GKN Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.1.4 GKN Constant Velocity Universal Joint Products Offered
7.1.5 GKN Recent Development
7.2 NTN
7.2.1 NTN Company Information
7.2.2 NTN Business Overview
7.2.3 NTN Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.2.4 NTN Constant Velocity Universal Joint Products Offered
7.2.5 NTN Recent Development
7.3 SDS
7.3.1 SDS Company Information
7.3.2 SDS Business Overview
7.3.3 SDS Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.3.4 SDS Constant Velocity Universal Joint Products Offered
7.3.5 SDS Recent Development
7.4 Nexteer
7.4.1 Nexteer Company Information
7.4.2 Nexteer Business Overview
7.4.3 Nexteer Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.4.4 Nexteer Constant Velocity Universal Joint Products Offered
7.4.5 Nexteer Recent Development
7.5 Korea Movenex
7.5.1 Korea Movenex Company Information
7.5.2 Korea Movenex Business Overview
7.5.3 Korea Movenex Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.5.4 Korea Movenex Constant Velocity Universal Joint Products Offered
7.5.5 Korea Movenex Recent Development
7.6 Hyundai WIA
7.6.1 Hyundai WIA Company Information
7.6.2 Hyundai WIA Business Overview
7.6.3 Hyundai WIA Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.6.4 Hyundai WIA Constant Velocity Universal Joint Products Offered
7.6.5 Hyundai WIA Recent Development
7.7 Wanxiang
7.7.1 Wanxiang Company Information
7.7.2 Wanxiang Business Overview
7.7.3 Wanxiang Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.7.4 Wanxiang Constant Velocity Universal Joint Products Offered
7.7.5 Wanxiang Recent Development
7.8 GSP Automotive Group
7.8.1 GSP Automotive Group Company Information
7.8.2 GSP Automotive Group Business Overview
7.8.3 GSP Automotive Group Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.8.4 GSP Automotive Group Constant Velocity Universal Joint Products Offered
7.8.5 GSP Automotive Group Recent Development
7.9 Neapco
7.9.1 Neapco Company Information
7.9.2 Neapco Business Overview
7.9.3 Neapco Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.9.4 Neapco Constant Velocity Universal Joint Products Offered
7.9.5 Neapco Recent Development
7.10 JTEKT
7.10.1 JTEKT Company Information
7.10.2 JTEKT Business Overview
7.10.3 JTEKT Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.10.4 JTEKT Constant Velocity Universal Joint Products Offered
7.10.5 JTEKT Recent Development
7.11 SKF
7.11.1 SKF Company Information
7.11.2 SKF Business Overview
7.11.3 SKF Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.11.4 SKF Constant Velocity Universal Joint Products Offered
7.11.5 SKF Recent Development
7.12 IFA Group
7.12.1 IFA Group Company Information
7.12.2 IFA Group Business Overview
7.12.3 IFA Group Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.12.4 IFA Group Constant Velocity Universal Joint Products Offered
7.12.5 IFA Group Recent Development
7.13 Xiangyang Automobile Bearing
7.13.1 Xiangyang Automobile Bearing Company Information
7.13.2 Xiangyang Automobile Bearing Business Overview
7.13.3 Xiangyang Automobile Bearing Constant Velocity Universal Joint Sales, Revenue and Gross Margin (2020-2025)
7.13.4 Xiangyang Automobile Bearing Constant Velocity Universal Joint Products Offered
7.13.5 Xiangyang Automobile Bearing Recent Development
8 Constant Velocity Universal Joint Manufacturing Cost Analysis
8.1 Constant Velocity Universal Joint Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Constant Velocity Universal Joint
8.4 Constant Velocity Universal Joint Industrial Chain Analysis
9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Constant Velocity Universal Joint Distributors List
9.3 Constant Velocity Universal Joint Customers
10 Constant Velocity Universal Joint Market Dynamics
10.1 Constant Velocity Universal Joint Industry Trends
10.2 Constant Velocity Universal Joint Market Drivers
10.3 Constant Velocity Universal Joint Market Challenges
10.4 Constant Velocity Universal Joint Market Restraints
11 Research Findings and Conclusion
12 Appendix
12.1 Research Methodology
12.1.1 Methodology/Research Approach
12.1.1.1 Research Programs/Design
12.1.1.2 Market Size Estimation
12.1.1.3 Market Breakdown and Data Triangulation
12.1.2 Data Source
12.1.2.1 Secondary Sources
12.1.2.2 Primary Sources
12.2 Author Details
12.3 Disclaimer
Table of Figures
List of Tables
Table 1. Global Constant Velocity Universal Joint Sales (US$ Million) Growth Rate by Type (2020 & 2024 & 2031)
Table 2. Global Constant Velocity Universal Joint Sales (US$ Million) Comparison by Application (2020 & 2024 & 2031)
Table 3. Global Market Constant Velocity Universal Joint Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Table 4. Global Constant Velocity Universal Joint Sales (K Units) by Region (2020-2025)
Table 5. Global Constant Velocity Universal Joint Sales Market Share by Region (2020-2025)
Table 6. Global Constant Velocity Universal Joint Revenue (US$ Million) Market Share by Region (2020-2025)
Table 7. Global Constant Velocity Universal Joint Revenue Share by Region (2020-2025)
Table 8. Global Constant Velocity Universal Joint Sales (K Units) Forecast by Region (2026-2031)
Table 9. Global Constant Velocity Universal Joint Sales Market Share Forecast by Region (2026-2031)
Table 10. Global Constant Velocity Universal Joint Revenue (US$ Million) Forecast by Region (2026-2031)
Table 11. Global Constant Velocity Universal Joint Revenue Share Forecast by Region (2026-2031)
Table 12. Global Constant Velocity Universal Joint Sales by Type (K Units) & (2020-2025)
Table 13. Global Constant Velocity Universal Joint Sales Share by Type (2020-2025)
Table 14. Global Constant Velocity Universal Joint Revenue by Type (US$ Million) & (2020-2025)
Table 15. Global Constant Velocity Universal Joint Price by Type (USD/Unit) & (2020-2025)
Table 16. Global Constant Velocity Universal Joint Sales by Type (K Units) & (2026-2031)
Table 17. Global Constant Velocity Universal Joint Revenue by Type (US$ Million) & (2026-2031)
Table 18. Global Constant Velocity Universal Joint Price by Type (USD/Unit) & (2026-2031)
Table 19. Representative Players of Each Type
Table 20. Global Constant Velocity Universal Joint Sales by Application (K Units) & (2020-2025)
Table 21. Global Constant Velocity Universal Joint Sales Share by Application (2020-2025)
Table 22. Global Constant Velocity Universal Joint Revenue by Application (US$ Million) & (2020-2025)
Table 23. Global Constant Velocity Universal Joint Price by Application (USD/Unit) & (2020-2025)
Table 24. Global Constant Velocity Universal Joint Sales by Application (K Units) & (2026-2031)
Table 25. Global Constant Velocity Universal Joint Revenue Market Share by Application (US$ Million) & (2026-2031)
Table 26. Global Constant Velocity Universal Joint Price by Application (USD/Unit) & (2026-2031)
Table 27. New Sources of Growth in Constant Velocity Universal Joint Application
Table 28. Global Constant Velocity Universal Joint Sales by Company (K Units) & (2020-2025)
Table 29. Global Constant Velocity Universal Joint Sales Share by Company (2020-2025)
Table 30. Global Constant Velocity Universal Joint Revenue by Company (US$ Million) & (2020-2025)
Table 31. Global Constant Velocity Universal Joint Revenue Share by Company (2020-2025)
Table 32. Global Constant Velocity Universal Joint by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Constant Velocity Universal Joint as of 2024)
Table 33. Global Market Constant Velocity Universal Joint Average Price by Company (USD/Unit) & (2020-2025)
Table 34. Global Key Manufacturers of Constant Velocity Universal Joint, Manufacturing Sites & Headquarters
Table 35. Global Key Manufacturers of Constant Velocity Universal Joint, Product Type & Application
Table 36. Global Key Manufacturers of Constant Velocity Universal Joint, Date of Enter into This Industry
Table 37. Manufacturers Mergers & Acquisitions, Expansion Plans
Table 38. North America Constant Velocity Universal Joint Sales by Company (2020-2025) & (K Units)
Table 39. North America Constant Velocity Universal Joint Sales Market Share by Company (2020-2025)
Table 40. North America Constant Velocity Universal Joint Revenue by Company (2020-2025) & (US$ Million)
Table 41. North America Constant Velocity Universal Joint Revenue Market Share by Company (2020-2025)
Table 42. North America Constant Velocity Universal Joint Sales by Type (2020-2025) & (K Units)
Table 43. North America Constant Velocity Universal Joint Sales Market Share by Type (2020-2025)
Table 44. North America Constant Velocity Universal Joint Sales by Application (2020-2025) & (K Units)
Table 45. North America Constant Velocity Universal Joint Sales Market Share by Application (2020-2025)
Table 46. Europe Constant Velocity Universal Joint Sales by Company (2020-2025) & (K Units)
Table 47. Europe Constant Velocity Universal Joint Sales Market Share by Company (2020-2025)
Table 48. Europe Constant Velocity Universal Joint Revenue by Company (2020-2025) & (US$ Million)
Table 49. Europe Constant Velocity Universal Joint Revenue Market Share by Company (2020-2025)
Table 50. Europe Constant Velocity Universal Joint Sales by Type (2020-2025) & (K Units)
Table 51. Europe Constant Velocity Universal Joint Sales Market Share by Type (2020-2025)
Table 52. Europe Constant Velocity Universal Joint Sales by Application (2020-2025) & (K Units)
Table 53. Europe Constant Velocity Universal Joint Sales Market Share by Application (2020-2025)
Table 54. China Constant Velocity Universal Joint Sales by Company (2020-2025) & (K Units)
Table 55. China Constant Velocity Universal Joint Sales Market Share by Company (2020-2025)
Table 56. China Constant Velocity Universal Joint Revenue by Company (2020-2025) & (US$ Million)
Table 57. China Constant Velocity Universal Joint Revenue Market Share by Company (2020-2025)
Table 58. China Constant Velocity Universal Joint Sales by Type (2020-2025) & (K Units)
Table 59. China Constant Velocity Universal Joint Sales Market Share by Type (2020-2025)
Table 60. China Constant Velocity Universal Joint Sales by Application (2020-2025) & (K Units)
Table 61. China Constant Velocity Universal Joint Sales Market Share by Application (2020-2025)
Table 62. Japan Constant Velocity Universal Joint Sales by Company (2020-2025) & (K Units)
Table 63. Japan Constant Velocity Universal Joint Sales Market Share by Company (2020-2025)
Table 64. Japan Constant Velocity Universal Joint Revenue by Company (2020-2025) & (US$ Million)
Table 65. Japan Constant Velocity Universal Joint Revenue Market Share by Company (2020-2025)
Table 66. Japan Constant Velocity Universal Joint Sales by Type (2020-2025) & (K Units)
Table 67. Japan Constant Velocity Universal Joint Sales Market Share by Type (2020-2025)
Table 68. Japan Constant Velocity Universal Joint Sales by Application (2020-2025) & (K Units)
Table 69. Japan Constant Velocity Universal Joint Sales Market Share by Application (2020-2025)
Table 70. GKN Company Information
Table 71. GKN Description and Business Overview
Table 72. GKN Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 73. GKN Constant Velocity Universal Joint Product
Table 74. GKN Recent Development
Table 75. NTN Company Information
Table 76. NTN Description and Business Overview
Table 77. NTN Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 78. NTN Constant Velocity Universal Joint Product
Table 79. NTN Recent Development
Table 80. SDS Company Information
Table 81. SDS Description and Business Overview
Table 82. SDS Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 83. SDS Constant Velocity Universal Joint Product
Table 84. SDS Recent Development
Table 85. Nexteer Company Information
Table 86. Nexteer Description and Business Overview
Table 87. Nexteer Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 88. Nexteer Constant Velocity Universal Joint Product
Table 89. Nexteer Recent Development
Table 90. Korea Movenex Company Information
Table 91. Korea Movenex Description and Business Overview
Table 92. Korea Movenex Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 93. Korea Movenex Constant Velocity Universal Joint Product
Table 94. Korea Movenex Recent Development
Table 95. Hyundai WIA Company Information
Table 96. Hyundai WIA Description and Business Overview
Table 97. Hyundai WIA Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 98. Hyundai WIA Constant Velocity Universal Joint Product
Table 99. Hyundai WIA Recent Development
Table 100. Wanxiang Company Information
Table 101. Wanxiang Description and Business Overview
Table 102. Wanxiang Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 103. Wanxiang Constant Velocity Universal Joint Product
Table 104. Wanxiang Recent Development
Table 105. GSP Automotive Group Company Information
Table 106. GSP Automotive Group Description and Business Overview
Table 107. GSP Automotive Group Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 108. GSP Automotive Group Constant Velocity Universal Joint Product
Table 109. GSP Automotive Group Recent Development
Table 110. Neapco Company Information
Table 111. Neapco Description and Business Overview
Table 112. Neapco Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 113. Neapco Constant Velocity Universal Joint Product
Table 114. Neapco Recent Development
Table 115. JTEKT Company Information
Table 116. JTEKT Description and Business Overview
Table 117. JTEKT Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 118. JTEKT Constant Velocity Universal Joint Product
Table 119. JTEKT Recent Development
Table 120. SKF Company Information
Table 121. SKF Description and Business Overview
Table 122. SKF Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 123. SKF Constant Velocity Universal Joint Product
Table 124. SKF Recent Development
Table 125. IFA Group Company Information
Table 126. IFA Group Description and Business Overview
Table 127. IFA Group Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 128. IFA Group Constant Velocity Universal Joint Product
Table 129. IFA Group Recent Development
Table 130. Xiangyang Automobile Bearing Company Information
Table 131. Xiangyang Automobile Bearing Description and Business Overview
Table 132. Xiangyang Automobile Bearing Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 133. Xiangyang Automobile Bearing Constant Velocity Universal Joint Product
Table 134. Xiangyang Automobile Bearing Recent Development
Table 135. Production Base and Market Concentration Rate of Raw Material
Table 136. Key Suppliers of Raw Materials
Table 137. Constant Velocity Universal Joint Distributors List
Table 138. Constant Velocity Universal Joint Customers List
Table 139. Constant Velocity Universal Joint Market Trends
Table 140. Constant Velocity Universal Joint Market Drivers
Table 141. Constant Velocity Universal Joint Market Challenges
Table 142. Constant Velocity Universal Joint Market Restraints
Table 143. Research Programs/Design for This Report
Table 144. Key Data Information from Secondary Sources
Table 145. Key Data Information from Primary Sources
List of Figures
Figure 1. Constant Velocity Universal Joint Product Picture
Figure 2. Global Constant Velocity Universal Joint Sales (US$ Million) by Type (2020 & 2024 & 2031)
Figure 3. Global Constant Velocity Universal Joint Sales Market Share by Type in 2024 & 2031
Figure 4. Outboard Joints Product Picture
Figure 5. Inboard Joints Product Picture
Figure 6. Global Constant Velocity Universal Joint Sales (US$ Million) by Application (2020 & 2024 & 2031)
Figure 7. Global Constant Velocity Universal Joint Sales Market Share by Application in 2024 & 2031
Figure 8. OEM Examples
Figure 9. Aftermarket Examples
Figure 10. Global Constant Velocity Universal Joint Sales, (US$ Million), 2020 VS 2024 VS 2031
Figure 11. Global Constant Velocity Universal Joint Sales Growth Rate (2020-2031) & (US$ Million)
Figure 12. Global Constant Velocity Universal Joint Sales (K Units) Growth Rate (2020-2031)
Figure 13. Global Constant Velocity Universal Joint Price Trends Growth Rate (2020-2031) & (USD/Unit)
Figure 14. Constant Velocity Universal Joint Report Years Considered
Figure 15. Global Market Constant Velocity Universal Joint Market Size (US$ Million) by Region:2020 VS 2024 VS 2031
Figure 16. Global Constant Velocity Universal Joint Revenue Market Share by Region: 2020 VS 2024
Figure 17. North America Constant Velocity Universal Joint Revenue (US$ Million) Growth Rate (2020-2031)
Figure 18. North America Constant Velocity Universal Joint Sales (K Units) Growth Rate (2020-2031)
Figure 19. Europe Constant Velocity Universal Joint Revenue (US$ Million) Growth Rate (2020-2031)
Figure 20. Europe Constant Velocity Universal Joint Sales (K Units) Growth Rate (2020-2031)
Figure 21. China Constant Velocity Universal Joint Revenue (US$ Million) Growth Rate (2020-2031)
Figure 22. China Constant Velocity Universal Joint Sales (K Units) Growth Rate (2020-2031)
Figure 23. Japan Constant Velocity Universal Joint Revenue (US$ Million) Growth Rate (2020-2031)
Figure 24. Japan Constant Velocity Universal Joint Sales (K Units) Growth Rate (2020-2031)
Figure 25. Global Constant Velocity Universal Joint Revenue Share by Type (2020-2025)
Figure 26. Global Constant Velocity Universal Joint Sales Share by Type (2026-2031)
Figure 27. Global Constant Velocity Universal Joint Revenue Share by Type (2026-2031)
Figure 28. Global Constant Velocity Universal Joint Revenue Share by Application (2020-2025)
Figure 29. Global Constant Velocity Universal Joint Revenue Growth Rate by Application in 2020 & 2024
Figure 30. Global Constant Velocity Universal Joint Sales Share by Application (2026-2031)
Figure 31. Global Constant Velocity Universal Joint Revenue Share by Application (2026-2031)
Figure 32. Global Constant Velocity Universal Joint Sales Share by Company (2024)
Figure 33. Global Constant Velocity Universal Joint Revenue Share by Company (2024)
Figure 34. Global 5 Largest Constant Velocity Universal Joint Players Market Share by Revenue in Constant Velocity Universal Joint: 2020 & 2024
Figure 35. Constant Velocity Universal Joint Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 36. Manufacturing Cost Structure of Constant Velocity Universal Joint
Figure 37. Manufacturing Process Analysis of Constant Velocity Universal Joint
Figure 38. Constant Velocity Universal Joint Industrial Chain
Figure 39. Channels of Distribution (Direct Vs Distribution)
Figure 40. Distributors Profiles
Figure 41. Bottom-up and Top-down Approaches for This Report
Figure 42. Data Triangulation
Figure 43. Key Executives Interviewed
Description
The global Constant Velocity Universal Joint market size was US$ 5848 million in 2024 and is forecast to a readjusted size of US$ 7146 million by 2031 with a CAGR of 2.7% during the forecast period 2025-2031. Constant velocity joints (CV joints) allow a drive shaft to transmit power through a variable angle, at constant rotational speed, without an appreciable increase in friction or play. All front-wheel drive cars have Constant Velocity joints or CV joints on both ends of the drive shafts (half shafts). Inner CV joints connect the drive shafts to the transmission, while the outer CV joints connect the drive shafts to the wheels. Many rear-wheel drive and four-wheel drive cars as well as trucks also have CV joints. Constant velocity universal joint is also called half shaft constant velocity joint, side shaft constant velocity joint.
Recovery in Global Vehicle Production: After the disruptions caused by the COVID-19 pandemic, the automotive sector is witnessing significant recovery in vehicle production. Increased production directly correlates to a higher demand for critical components like CV joints, especially for internal combustion engine (ICE) and electric vehicles (EVs).
Rising Vehicle Sales in Emerging Markets: Emerging economies such as China, India, and Southeast Asia are seeing a growing middle class with higher purchasing power. This expanding consumer base leads to increased vehicle sales and, in turn, drives demand for CV joints in both OEM (Original Equipment Manufacturer) and aftermarket segments.
Shift to Electric Powertrains: The rise in demand for electric and hybrid vehicles is significantly affecting the CV joint market. Electric drivetrains, which often have higher torque demands compared to traditional internal combustion engines, require robust and efficient CV joints capable of withstanding these stresses.
Growth in Hybrid and All-Wheel-Drive (AWD) EVs: Many electric vehicle models, particularly those in the luxury and performance segments, come with AWD systems, requiring specialized CV joints to manage torque distribution effectively. The expansion of EVs, especially in markets like Europe and North America, will continue to drive CV joint demand.
Increasing Average Vehicle Age: In regions like North America and Europe, the average age of vehicles on the road is rising. Older vehicles require replacement parts, including CV joints, which drives the growth of the aftermarket segment. This trend is compounded by increasing vehicle repair and maintenance costs, with consumers opting to repair older vehicles rather than buy new ones.
Do-It-Yourself (DIY) Culture: The rise of online platforms for vehicle parts has empowered DIY mechanics and small repair shops, contributing to growth in the aftermarket. As consumers increasingly rely on e-commerce to purchase auto parts, the aftermarket for CV joints has seen significant expansion, particularly in developed markets.
Expansion of Auto Parts Distribution Networks: A growing number of online platforms and retail stores are providing easy access to auto parts, including CV joints. The increased availability of aftermarket parts boosts overall demand.
The global Constant Velocity Universal Joint market is strategically segmented by company, region (country), by Type, and by Application. This report empowers stakeholders to capitalize on emerging opportunities, optimize product strategies, and outperform competitors through data-driven insights on sales, revenue, and forecasts across regions, by Type, and by Application for 2020-2031.
Market Segmentation
Chapter Outline Chapter 1: Report scope, executive summary, and market evolution scenarios (short/mid/long term). Chapter 2: Quantitative analysis of Constant Velocity Universal Joint market size and growth potential at global, regional, and country levels. Chapter 3: Competitive benchmarking of manufacturers (revenue, market share, M&A, R&D focus). Chapter 4: Type-based segmentation analysis – Uncovering blue ocean markets (e.g., Inboard Joints in China). Chapter 5: Application-based segmentation analysis – High-growth downstream opportunities (e.g., Aftermarket in India). Chapter 6: Regional sales and revenue breakdown by company, type, application and customer. Chapter 7: Key manufacturer profiles – Financials, product portfolios, and strategic developments. Chapter 8: Market dynamics – Drivers, restraints, regulatory impacts, and risk mitigation strategies. Chapter 9: Actionable conclusions and strategic recommendations. Why This Report? Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Constant Velocity Universal Joint value chain, addressing: - Market entry risks/opportunities by region - Product mix optimization based on local practices - Competitor tactics in fragmented vs. consolidated markets
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