The auto parts subdivision industry includes automotive steering system, automotive transmission system, automotive power system, etc.
The transmission shaft is an important part of the power transmission in the automobile drive train, and its function is to transmit the power of the engine to the wheels together with the gearbox and the drive axle, so that the car produces driving force.
At present, in the international market, the market share of transmission shafts is mainly occupied by companies such as GKN Group, NTN of Japan, Nexteer of the United States (acquired by AVIC), and Wanxiang Qianchao. Among them, GKN Group is the industry leader, with a global market share of more than 30%. In China, the automotive drive shaft industry is mainly composed of two camps.
The first camp is a well-known foreign drive shaft enterprise in the domestic joint venture or sole proprietorship, with equipment and technical advantages, brand reputation, mainly for foreign or joint venture passenger car enterprises matching, such as GKN Group and Huayu Automobile joint venture company Shanghai Natiefu, in the drive shaft market occupies almost half of the market share.
The second camp is mainly local enterprises with a certain history and scale, with good product quality and a certain price advantage to gradually seize market share, such as Wanxiang Qianchao, Zhejiang Xianglong, Shuanghuan Transmission, etc.
