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Description
The global market for Constant Velocity Universal Joint was estimated to be worth 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.
This report aims to provide a comprehensive presentation of the global market for Constant Velocity Universal Joint, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Constant Velocity Universal Joint by region & country, by Type, and by Application.
The Constant Velocity Universal Joint market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Constant Velocity Universal Joint.
Market Segmentation
Report Metric
Details
Report Title
Constant Velocity Universal Joint - Global Market Share and Ranking, Overall Sales and Demand Forecast 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: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Constant Velocity Universal Joint manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Constant Velocity Universal Joint in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Constant Velocity Universal Joint in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
1.1 Constant Velocity Universal Joint Product Introduction
1.2 Global Constant Velocity Universal Joint Market Size Forecast
1.2.1 Global Constant Velocity Universal Joint Sales Value (2020-2031)
1.2.2 Global Constant Velocity Universal Joint Sales Volume (2020-2031)
1.2.3 Global Constant Velocity Universal Joint Sales Price (2020-2031)
1.3 Constant Velocity Universal Joint Market Trends & Drivers
1.3.1 Constant Velocity Universal Joint Industry Trends
1.3.2 Constant Velocity Universal Joint Market Drivers & Opportunity
1.3.3 Constant Velocity Universal Joint Market Challenges
1.3.4 Constant Velocity Universal Joint Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Constant Velocity Universal Joint Players Revenue Ranking (2024)
2.2 Global Constant Velocity Universal Joint Revenue by Company (2020-2025)
2.3 Global Constant Velocity Universal Joint Players Sales Volume Ranking (2024)
2.4 Global Constant Velocity Universal Joint Sales Volume by Company Players (2020-2025)
2.5 Global Constant Velocity Universal Joint Average Price by Company (2020-2025)
2.6 Key Manufacturers Constant Velocity Universal Joint Manufacturing Base and Headquarters
2.7 Key Manufacturers Constant Velocity Universal Joint Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Constant Velocity Universal Joint
2.9 Constant Velocity Universal Joint Market Competitive Analysis
2.9.1 Constant Velocity Universal Joint Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Constant Velocity Universal Joint Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Constant Velocity Universal Joint as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Outboard Joints
3.1.2 Inboard Joints
3.2 Global Constant Velocity Universal Joint Sales Value by Type
3.2.1 Global Constant Velocity Universal Joint Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Constant Velocity Universal Joint Sales Value, by Type (2020-2031)
3.2.3 Global Constant Velocity Universal Joint Sales Value, by Type (%) (2020-2031)
3.3 Global Constant Velocity Universal Joint Sales Volume by Type
3.3.1 Global Constant Velocity Universal Joint Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Constant Velocity Universal Joint Sales Volume, by Type (2020-2031)
3.3.3 Global Constant Velocity Universal Joint Sales Volume, by Type (%) (2020-2031)
3.4 Global Constant Velocity Universal Joint Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 OEM
4.1.2 Aftermarket
4.2 Global Constant Velocity Universal Joint Sales Value by Application
4.2.1 Global Constant Velocity Universal Joint Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Constant Velocity Universal Joint Sales Value, by Application (2020-2031)
4.2.3 Global Constant Velocity Universal Joint Sales Value, by Application (%) (2020-2031)
4.3 Global Constant Velocity Universal Joint Sales Volume by Application
4.3.1 Global Constant Velocity Universal Joint Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Constant Velocity Universal Joint Sales Volume, by Application (2020-2031)
4.3.3 Global Constant Velocity Universal Joint Sales Volume, by Application (%) (2020-2031)
4.4 Global Constant Velocity Universal Joint Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Constant Velocity Universal Joint Sales Value by Region
5.1.1 Global Constant Velocity Universal Joint Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Constant Velocity Universal Joint Sales Value by Region (2020-2025)
5.1.3 Global Constant Velocity Universal Joint Sales Value by Region (2026-2031)
5.1.4 Global Constant Velocity Universal Joint Sales Value by Region (%), (2020-2031)
5.2 Global Constant Velocity Universal Joint Sales Volume by Region
5.2.1 Global Constant Velocity Universal Joint Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Constant Velocity Universal Joint Sales Volume by Region (2020-2025)
5.2.3 Global Constant Velocity Universal Joint Sales Volume by Region (2026-2031)
5.2.4 Global Constant Velocity Universal Joint Sales Volume by Region (%), (2020-2031)
5.3 Global Constant Velocity Universal Joint Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Constant Velocity Universal Joint Sales Value, 2020-2031
5.4.2 North America Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Constant Velocity Universal Joint Sales Value, 2020-2031
5.5.2 Europe Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Constant Velocity Universal Joint Sales Value, 2020-2031
5.6.2 Asia Pacific Constant Velocity Universal Joint Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Constant Velocity Universal Joint Sales Value, 2020-2031
5.7.2 South America Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Constant Velocity Universal Joint Sales Value, 2020-2031
5.8.2 Middle East & Africa Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Constant Velocity Universal Joint Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Constant Velocity Universal Joint Sales Value and Sales Volume
6.2.1 Key Countries/Regions Constant Velocity Universal Joint Sales Value, 2020-2031
6.2.2 Key Countries/Regions Constant Velocity Universal Joint Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Constant Velocity Universal Joint Sales Value, 2020-2031
6.3.2 United States Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Constant Velocity Universal Joint Sales Value, 2020-2031
6.4.2 Europe Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Constant Velocity Universal Joint Sales Value, 2020-2031
6.5.2 China Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.5.3 China Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Constant Velocity Universal Joint Sales Value, 2020-2031
6.6.2 Japan Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Constant Velocity Universal Joint Sales Value, 2020-2031
6.7.2 South Korea Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Constant Velocity Universal Joint Sales Value, 2020-2031
6.8.2 Southeast Asia Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Constant Velocity Universal Joint Sales Value, 2020-2031
6.9.2 India Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
6.9.3 India Constant Velocity Universal Joint Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 GKN
7.1.1 GKN Company Information
7.1.2 GKN Introduction and Business Overview
7.1.3 GKN Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 GKN Constant Velocity Universal Joint Product Offerings
7.1.5 GKN Recent Development
7.2 NTN
7.2.1 NTN Company Information
7.2.2 NTN Introduction and Business Overview
7.2.3 NTN Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 NTN Constant Velocity Universal Joint Product Offerings
7.2.5 NTN Recent Development
7.3 SDS
7.3.1 SDS Company Information
7.3.2 SDS Introduction and Business Overview
7.3.3 SDS Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 SDS Constant Velocity Universal Joint Product Offerings
7.3.5 SDS Recent Development
7.4 Nexteer
7.4.1 Nexteer Company Information
7.4.2 Nexteer Introduction and Business Overview
7.4.3 Nexteer Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Nexteer Constant Velocity Universal Joint Product Offerings
7.4.5 Nexteer Recent Development
7.5 Korea Movenex
7.5.1 Korea Movenex Company Information
7.5.2 Korea Movenex Introduction and Business Overview
7.5.3 Korea Movenex Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Korea Movenex Constant Velocity Universal Joint Product Offerings
7.5.5 Korea Movenex Recent Development
7.6 Hyundai WIA
7.6.1 Hyundai WIA Company Information
7.6.2 Hyundai WIA Introduction and Business Overview
7.6.3 Hyundai WIA Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Hyundai WIA Constant Velocity Universal Joint Product Offerings
7.6.5 Hyundai WIA Recent Development
7.7 Wanxiang
7.7.1 Wanxiang Company Information
7.7.2 Wanxiang Introduction and Business Overview
7.7.3 Wanxiang Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Wanxiang Constant Velocity Universal Joint Product Offerings
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 Introduction and Business Overview
7.8.3 GSP Automotive Group Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 GSP Automotive Group Constant Velocity Universal Joint Product Offerings
7.8.5 GSP Automotive Group Recent Development
7.9 Neapco
7.9.1 Neapco Company Information
7.9.2 Neapco Introduction and Business Overview
7.9.3 Neapco Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Neapco Constant Velocity Universal Joint Product Offerings
7.9.5 Neapco Recent Development
7.10 JTEKT
7.10.1 JTEKT Company Information
7.10.2 JTEKT Introduction and Business Overview
7.10.3 JTEKT Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 JTEKT Constant Velocity Universal Joint Product Offerings
7.10.5 JTEKT Recent Development
7.11 SKF
7.11.1 SKF Company Information
7.11.2 SKF Introduction and Business Overview
7.11.3 SKF Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.11.4 SKF Constant Velocity Universal Joint Product Offerings
7.11.5 SKF Recent Development
7.12 IFA Group
7.12.1 IFA Group Company Information
7.12.2 IFA Group Introduction and Business Overview
7.12.3 IFA Group Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.12.4 IFA Group Constant Velocity Universal Joint Product Offerings
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 Introduction and Business Overview
7.13.3 Xiangyang Automobile Bearing Constant Velocity Universal Joint Sales, Revenue, Price and Gross Margin (2020-2025)
7.13.4 Xiangyang Automobile Bearing Constant Velocity Universal Joint Product Offerings
7.13.5 Xiangyang Automobile Bearing Recent Development
8 Industry Chain Analysis
8.1 Constant Velocity Universal Joint Industrial Chain
8.2 Constant Velocity Universal Joint Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Constant Velocity Universal Joint Sales Model
8.5.2 Sales Channel
8.5.3 Constant Velocity Universal Joint Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
Table of Figures
List of Tables
Table 1. Constant Velocity Universal Joint Market Trends
Table 2. Constant Velocity Universal Joint Market Drivers & Opportunity
Table 3. Constant Velocity Universal Joint Market Challenges
Table 4. Constant Velocity Universal Joint Market Restraints
Table 5. Global Constant Velocity Universal Joint Revenue by Company (2020-2025) & (US$ Million)
Table 6. Global Constant Velocity Universal Joint Revenue Market Share by Company (2020-2025)
Table 7. Global Constant Velocity Universal Joint Sales Volume by Company (2020-2025) & (K Units)
Table 8. Global Constant Velocity Universal Joint Sales Volume Market Share by Company (2020-2025)
Table 9. Global Market Constant Velocity Universal Joint Price by Company (2020-2025) & (USD/Unit)
Table 10. Key Manufacturers Constant Velocity Universal Joint Manufacturing Base and Headquarters
Table 11. Key Manufacturers Constant Velocity Universal Joint Product Type
Table 12. Key Manufacturers Time to Begin Mass Production of Constant Velocity Universal Joint
Table 13. Global Constant Velocity Universal Joint Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Constant Velocity Universal Joint as of 2024)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Constant Velocity Universal Joint Sales Value by Type: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Constant Velocity Universal Joint Sales Value by Type (2020-2025) & (US$ Million)
Table 18. Global Constant Velocity Universal Joint Sales Value by Type (2026-2031) & (US$ Million)
Table 19. Global Constant Velocity Universal Joint Sales Market Share in Value by Type (2020-2025)
Table 20. Global Constant Velocity Universal Joint Sales Market Share in Value by Type (2026-2031)
Table 21. Global Constant Velocity Universal Joint Sales Volume by Type: 2020 VS 2024 VS 2031 (K Units)
Table 22. Global Constant Velocity Universal Joint Sales Volume by Type (2020-2025) & (K Units)
Table 23. Global Constant Velocity Universal Joint Sales Volume by Type (2026-2031) & (K Units)
Table 24. Global Constant Velocity Universal Joint Sales Market Share in Volume by Type (2020-2025)
Table 25. Global Constant Velocity Universal Joint Sales Market Share in Volume by Type (2026-2031)
Table 26. Global Constant Velocity Universal Joint Price by Type (2020-2025) & (USD/Unit)
Table 27. Global Constant Velocity Universal Joint Price by Type (2026-2031) & (USD/Unit)
Table 28. Global Constant Velocity Universal Joint Sales Value by Application: 2020 VS 2024 VS 2031 (US$ Million)
Table 29. Global Constant Velocity Universal Joint Sales Value by Application (2020-2025) & (US$ Million)
Table 30. Global Constant Velocity Universal Joint Sales Value by Application (2026-2031) & (US$ Million)
Table 31. Global Constant Velocity Universal Joint Sales Market Share in Value by Application (2020-2025)
Table 32. Global Constant Velocity Universal Joint Sales Market Share in Value by Application (2026-2031)
Table 33. Global Constant Velocity Universal Joint Sales Volume by Application: 2020 VS 2024 VS 2031 (K Units)
Table 34. Global Constant Velocity Universal Joint Sales Volume by Application (2020-2025) & (K Units)
Table 35. Global Constant Velocity Universal Joint Sales Volume by Application (2026-2031) & (K Units)
Table 36. Global Constant Velocity Universal Joint Sales Market Share in Volume by Application (2020-2025)
Table 37. Global Constant Velocity Universal Joint Sales Market Share in Volume by Application (2026-2031)
Table 38. Global Constant Velocity Universal Joint Price by Application (2020-2025) & (USD/Unit)
Table 39. Global Constant Velocity Universal Joint Price by Application (2026-2031) & (USD/Unit)
Table 40. Global Constant Velocity Universal Joint Sales Value by Region, (2020 VS 2024 VS 2031) & (US$ Million)
Table 41. Global Constant Velocity Universal Joint Sales Value by Region (2020-2025) & (US$ Million)
Table 42. Global Constant Velocity Universal Joint Sales Value by Region (2026-2031) & (US$ Million)
Table 43. Global Constant Velocity Universal Joint Sales Value by Region (2020-2025) & (%)
Table 44. Global Constant Velocity Universal Joint Sales Value by Region (2026-2031) & (%)
Table 45. Global Constant Velocity Universal Joint Sales Volume by Region (K Units): 2020 VS 2024 VS 2031
Table 46. Global Constant Velocity Universal Joint Sales Volume by Region (2020-2025) & (K Units)
Table 47. Global Constant Velocity Universal Joint Sales Volume by Region (2026-2031) & (K Units)
Table 48. Global Constant Velocity Universal Joint Sales Volume by Region (2020-2025) & (%)
Table 49. Global Constant Velocity Universal Joint Sales Volume by Region (2026-2031) & (%)
Table 50. Global Constant Velocity Universal Joint Average Price by Region (2020-2025) & (USD/Unit)
Table 51. Global Constant Velocity Universal Joint Average Price by Region (2026-2031) & (USD/Unit)
Table 52. Key Countries/Regions Constant Velocity Universal Joint Sales Value Growth Trends, (US$ Million): 2020 VS 2024 VS 2031
Table 53. Key Countries/Regions Constant Velocity Universal Joint Sales Value, (2020-2025) & (US$ Million)
Table 54. Key Countries/Regions Constant Velocity Universal Joint Sales Value, (2026-2031) & (US$ Million)
Table 55. Key Countries/Regions Constant Velocity Universal Joint Sales Volume, (2020-2025) & (K Units)
Table 56. Key Countries/Regions Constant Velocity Universal Joint Sales Volume, (2026-2031) & (K Units)
Table 57. GKN Company Information
Table 58. GKN Introduction and Business Overview
Table 59. GKN Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 60. GKN Constant Velocity Universal Joint Product Offerings
Table 61. GKN Recent Development
Table 62. NTN Company Information
Table 63. NTN Introduction and Business Overview
Table 64. NTN Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 65. NTN Constant Velocity Universal Joint Product Offerings
Table 66. NTN Recent Development
Table 67. SDS Company Information
Table 68. SDS Introduction and Business Overview
Table 69. SDS Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 70. SDS Constant Velocity Universal Joint Product Offerings
Table 71. SDS Recent Development
Table 72. Nexteer Company Information
Table 73. Nexteer Introduction and Business Overview
Table 74. Nexteer Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 75. Nexteer Constant Velocity Universal Joint Product Offerings
Table 76. Nexteer Recent Development
Table 77. Korea Movenex Company Information
Table 78. Korea Movenex Introduction and Business Overview
Table 79. Korea Movenex Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 80. Korea Movenex Constant Velocity Universal Joint Product Offerings
Table 81. Korea Movenex Recent Development
Table 82. Hyundai WIA Company Information
Table 83. Hyundai WIA Introduction and Business Overview
Table 84. Hyundai WIA Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 85. Hyundai WIA Constant Velocity Universal Joint Product Offerings
Table 86. Hyundai WIA Recent Development
Table 87. Wanxiang Company Information
Table 88. Wanxiang Introduction and Business Overview
Table 89. Wanxiang Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 90. Wanxiang Constant Velocity Universal Joint Product Offerings
Table 91. Wanxiang Recent Development
Table 92. GSP Automotive Group Company Information
Table 93. GSP Automotive Group Introduction and Business Overview
Table 94. GSP Automotive Group Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 95. GSP Automotive Group Constant Velocity Universal Joint Product Offerings
Table 96. GSP Automotive Group Recent Development
Table 97. Neapco Company Information
Table 98. Neapco Introduction and Business Overview
Table 99. Neapco Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 100. Neapco Constant Velocity Universal Joint Product Offerings
Table 101. Neapco Recent Development
Table 102. JTEKT Company Information
Table 103. JTEKT Introduction and Business Overview
Table 104. JTEKT Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 105. JTEKT Constant Velocity Universal Joint Product Offerings
Table 106. JTEKT Recent Development
Table 107. SKF Company Information
Table 108. SKF Introduction and Business Overview
Table 109. SKF Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 110. SKF Constant Velocity Universal Joint Product Offerings
Table 111. SKF Recent Development
Table 112. IFA Group Company Information
Table 113. IFA Group Introduction and Business Overview
Table 114. IFA Group Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 115. IFA Group Constant Velocity Universal Joint Product Offerings
Table 116. IFA Group Recent Development
Table 117. Xiangyang Automobile Bearing Company Information
Table 118. Xiangyang Automobile Bearing Introduction and Business Overview
Table 119. Xiangyang Automobile Bearing Constant Velocity Universal Joint Sales (K Units), Revenue (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 120. Xiangyang Automobile Bearing Constant Velocity Universal Joint Product Offerings
Table 121. Xiangyang Automobile Bearing Recent Development
Table 122. Key Raw Materials Lists
Table 123. Raw Materials Key Suppliers Lists
Table 124. Constant Velocity Universal Joint Downstream Customers
Table 125. Constant Velocity Universal Joint Distributors List
Table 126. Research Programs/Design for This Report
Table 127. Key Data Information from Secondary Sources
Table 128. 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 Value, 2020 VS 2024 VS 2031 (US$ Million)
Figure 3. Global Constant Velocity Universal Joint Sales Value (2020-2031) & (US$ Million)
Figure 4. Global Constant Velocity Universal Joint Sales Volume (2020-2031) & (K Units)
Figure 5. Global Constant Velocity Universal Joint Sales Price (2020-2031) & (USD/Unit)
Figure 6. Constant Velocity Universal Joint Report Years Considered
Figure 7. Global Constant Velocity Universal Joint Players Revenue Ranking (2024) & (US$ Million)
Figure 8. Global Constant Velocity Universal Joint Players Sales Volume Ranking (2024) & (K Units)
Figure 9. The 5 and 10 Largest Manufacturers in the World: Market Share by Constant Velocity Universal Joint Revenue in 2024
Figure 10. Constant Velocity Universal Joint Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 11. Outboard Joints Picture
Figure 12. Inboard Joints Picture
Figure 13. Global Constant Velocity Universal Joint Sales Value by Type (2020 VS 2024 VS 2031) & (US$ Million)
Figure 14. Global Constant Velocity Universal Joint Sales Value Market Share by Type, 2024 & 2031
Figure 15. Global Constant Velocity Universal Joint Sales Volume by Type (2020 VS 2024 VS 2031) & (K Units)
Figure 16. Global Constant Velocity Universal Joint Sales Volume Market Share by Type, 2024 & 2031
Figure 17. Global Constant Velocity Universal Joint Price by Type (2020-2031) & (USD/Unit)
Figure 18. Product Picture of OEM
Figure 19. Product Picture of Aftermarket
Figure 20. Global Constant Velocity Universal Joint Sales Value by Application (2020 VS 2024 VS 2031) & (US$ Million)
Figure 21. Global Constant Velocity Universal Joint Sales Value Market Share by Application, 2024 & 2031
Figure 22. Global Constant Velocity Universal Joint Sales Volume by Application (2020 VS 2024 VS 2031) & (K Units)
Figure 23. Global Constant Velocity Universal Joint Sales Volume Market Share by Application, 2024 & 2031
Figure 24. Global Constant Velocity Universal Joint Price by Application (2020-2031) & (USD/Unit)
Figure 25. North America Constant Velocity Universal Joint Sales Value (2020-2031) & (US$ Million)
Figure 26. North America Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
Figure 27. Europe Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 28. Europe Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
Figure 29. Asia Pacific Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 30. Asia Pacific Constant Velocity Universal Joint Sales Value by Region (%), 2024 VS 2031
Figure 31. South America Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 32. South America Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
Figure 33. Middle East & Africa Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 34. Middle East & Africa Constant Velocity Universal Joint Sales Value by Country (%), 2024 VS 2031
Figure 35. Key Countries/Regions Constant Velocity Universal Joint Sales Value (%), (2020-2031)
Figure 36. Key Countries/Regions Constant Velocity Universal Joint Sales Volume (%), (2020-2031)
Figure 37. United States Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 38. United States Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 39. United States Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 40. Europe Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 41. Europe Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 42. Europe Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 43. China Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 44. China Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 45. China Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 46. Japan Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 47. Japan Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 48. Japan Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 49. South Korea Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 50. South Korea Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 51. South Korea Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 52. Southeast Asia Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 53. Southeast Asia Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 54. Southeast Asia Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 55. India Constant Velocity Universal Joint Sales Value, (2020-2031) & (US$ Million)
Figure 56. India Constant Velocity Universal Joint Sales Value by Type (%), 2024 VS 2031
Figure 57. India Constant Velocity Universal Joint Sales Value by Application (%), 2024 VS 2031
Figure 58. Constant Velocity Universal Joint Industrial Chain
Figure 59. Constant Velocity Universal Joint Manufacturing Cost Structure
Figure 60. Channels of Distribution (Direct Sales, and Distribution)
Figure 61. Bottom-up and Top-down Approaches for This Report
Figure 62. Data Triangulation
Figure 63. Key Executives Interviewed
Description
The global market for Constant Velocity Universal Joint was estimated to be worth 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.
This report aims to provide a comprehensive presentation of the global market for Constant Velocity Universal Joint, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Constant Velocity Universal Joint by region & country, by Type, and by Application.
The Constant Velocity Universal Joint market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Constant Velocity Universal Joint.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Constant Velocity Universal Joint manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Constant Velocity Universal Joint in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Constant Velocity Universal Joint in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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