CFRP Propeller Shaft Market - Global Outlook and Forecast 2024-2031

The propeller shaft is one of the most important components in the transportation industry. Its main purpose is to transmit power to a propeller or to the wheels of automobiles. It is generally made of alloy steel, but with technological developments and advancements, steel shafts are being replaced by composite material shafts.
This report contains market size and forecasts of CFRP Propeller Shaft in global, including the following market information:
Global CFRP Propeller Shaft Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global CFRP Propeller Shaft Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five CFRP Propeller Shaft companies in 2021 (%)
The global CFRP Propeller Shaft market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single Piece CFRP Propeller Shaft Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of CFRP Propeller Shaft include Lentus Composites, Nakashima Propeller, Amarillo Gear, AVANCO, Rexnord and Alfred Heyd, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the CFRP Propeller Shaft manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global CFRP Propeller Shaft Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CFRP Propeller Shaft Market Segment Percentages, by Type, 2021 (%)
Single Piece CFRP Propeller Shaft
Two Piece CFRP Propeller Shaft
Global CFRP Propeller Shaft Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CFRP Propeller Shaft Market Segment Percentages, by Application, 2021 (%)
Automotive Industry
Aviation Industry
Ship Industry
Others
Global CFRP Propeller Shaft Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global CFRP Propeller Shaft Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies CFRP Propeller Shaft revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies CFRP Propeller Shaft revenues share in global market, 2021 (%)
Key companies CFRP Propeller Shaft sales in global market, 2017-2022 (Estimated), (K Units)
Key companies CFRP Propeller Shaft sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Lentus Composites
Nakashima Propeller
Amarillo Gear
AVANCO
Rexnord
Alfred Heyd