Automotive Prop Shaft

Automotive Prop Shaft Market Outlook

The global automotive prop shaft market is poised for significant growth, with an estimated market size reaching approximately USD 9.5 billion by 2035, advancing at a compound annual growth rate (CAGR) of around 5.2% during the forecast period from 2025 to 2035. This growth can be attributed to several key factors, including the increasing demand for lightweight and durable vehicle components, the rising production of passenger and commercial vehicles, and advancements in automotive technology. Additionally, the shift towards electric vehicles (EVs) has necessitated innovative designs and materials for prop shafts, creating further demand within the market. The growing focus on fuel efficiency and sustainability in automotive manufacturing also serves to boost the prop shaft market as manufacturers seek to enhance vehicle performance while minimizing environmental impact.

Growth Factor of the Market

One of the primary growth factors for the automotive prop shaft market is the increasing vehicle production and sales worldwide, driven by urbanization and rising disposable incomes. This trend is particularly evident in developing regions where vehicle ownership is on the rise, consequently leading to a higher demand for prop shafts. Furthermore, the growing emphasis on fuel efficiency has pushed manufacturers to innovate and adopt lightweight materials, such as aluminum and carbon fiber, which are becoming increasingly popular in prop shaft manufacturing. Additionally, advancements in driveline technologies, including the integration of all-wheel drive (AWD) systems in both passenger and commercial vehicles, necessitate the use of advanced prop shafts to support these configurations. The expanding aftermarket for automotive parts also presents a lucrative opportunity, allowing for the replacement and upgrading of prop shafts in existing vehicles, thus stimulating market growth.

Key Highlights of the Market

• The global automotive prop shaft market is expected to reach USD 9.5 billion by 2035.
• There is a growing preference for lightweight materials, enhancing fuel efficiency and performance.
• Advancements in driveline technologies are increasing the demand for innovative prop shaft designs.
• Developing regions are witnessing a surge in vehicle production, further propelling market growth.
• The aftermarket segment is expanding significantly, providing opportunities for prop shaft replacements.

By Product Type

One-piece Prop Shaft:

The one-piece prop shaft is a single, continuous unit that provides excellent durability and simplicity in design. Its straightforward construction allows for easier installation, reduced weight, and lower manufacturing costs, making it a popular choice for many passenger vehicles. One-piece shafts are particularly effective in front-engine rear-wheel-drive configurations where the distance between the transmission and the rear axle is minimal. However, their application is limited in vehicles with longer spans or heavier loads, where flexibility and resilience to bending and torsion are crucial. As manufacturers seek to simplify assembly while maintaining performance, the one-piece prop shaft remains a favored option in various light-duty applications.

Two-piece Prop Shaft:

Two-piece prop shafts consist of two sections connected by a universal joint, which allows for greater flexibility and accommodates the requirements of vehicles with larger distances between the transmission and the rear axle. This design is particularly advantageous for SUVs and trucks, where a more extended shaft is necessary due to the high ground clearance. The two-piece configuration helps in dissipating vibrations more effectively than one-piece shafts, enhancing the ride comfort for passengers. Moreover, the ability to use supports between the two segments aids in reducing the overall weight of the shaft, which aligns with the automotive industry's focus on fuel efficiency and performance enhancement. The growing preference for SUVs and pickups is expected to drive the demand for two-piece prop shafts significantly.

Three-piece Prop Shaft:

Three-piece prop shafts are typically utilized in heavy-duty vehicles and those requiring significant torque transmission over long distances, such as trucks and large SUVs. This design includes three segments connected with two universal joints, which allow for improved flexibility and reduced vibrations during operation. The enhanced articulation provided by the three-piece configuration allows for smoother transitions over varying terrains, making it suitable for off-road vehicles. The increasing demand for robust and reliable drivetrains in commercial applications, coupled with the rise in e-commerce and logistic services, is anticipated to drive the adoption of three-piece prop shafts in the coming years. As manufacturers continue to develop vehicles capable of handling diverse conditions, the three-piece shaft's importance will increase.

Carbon Fiber Prop Shaft:

Carbon fiber prop shafts are gaining traction in the high-performance and racing vehicle segments due to their lightweight properties and superior strength-to-weight ratio. The use of carbon fiber allows for a significant reduction in weight compared to traditional steel shafts, which enhances the overall vehicle performance and efficiency. Furthermore, carbon fiber is resistant to corrosion, which adds to its longevity and reliability. Leading automotive manufacturers are increasingly adopting carbon fiber technology to improve speed and handling characteristics in their performance models. However, the higher cost of carbon fiber production may pose a challenge to widespread adoption, limiting its usage mostly to premium vehicles and specialized applications.

Aluminum Prop Shaft:

Aluminum prop shafts have emerged as an effective alternative to traditional steel shafts, offering a combination of lightweight construction and improved corrosion resistance. This makes aluminum shafts particularly appealing to manufacturers focused on enhancing fuel efficiency without compromising on strength. The ability to mold aluminum into complex shapes allows for innovative designs that can improve aerodynamics and reduce drag. Additionally, aluminum shafts can be manufactured with advanced joining techniques, which can lead to reductions in overall assembly time and costs. As automotive manufacturers increasingly prioritize sustainability and eco-friendly materials, the adoption of aluminum prop shafts is expected to rise, particularly in mid-range vehicles.

By Application

Passenger Vehicles:

The passenger vehicle segment represents a significant portion of the automotive prop shaft market, driven by the increasing demand for personal transportation. With rising urbanization and changing lifestyles, the production of passenger vehicles is on the rise, leading to a parallel increase in prop shaft requirements. As manufacturers strive to enhance vehicle performance, comfort, and fuel efficiency, the integration of advanced prop shafts has become essential. Furthermore, the growing trend towards electric vehicles (EVs) is also influencing the design and materials used in prop shafts, as EVs often require specialized drivetrains and components. The ongoing development of compact and efficient vehicles is expected to further fuel this segment's growth.

Commercial Vehicles:

The commercial vehicle sector is a major contributor to the automotive prop shaft market due to the increased demand for freight and logistics services globally. The rise in e-commerce activities has further intensified the need for delivery vehicles and transport trucks, which often rely on robust and reliable driveline components. Prop shafts in commercial vehicles are designed to handle higher torque loads and extended operational cycles, making durability and performance critical. Additionally, as fleet operators seek to reduce operational costs, the adoption of lightweight prop shafts to improve fuel efficiency and cargo capacity is becoming increasingly popular. Thus, the commercial vehicle segment is anticipated to witness steady growth in the coming years.

Off-road Vehicles:

Off-road vehicles require specialized driveline components that can withstand challenging terrains and demanding conditions. The unique performance requirements of off-road vehicles, including increased torque and flexibility, make the prop shaft a critical component. The growing popularity of off-road recreational activities and the rise in adventure tourism have contributed to the expansion of this segment. Manufacturers are increasingly focusing on developing prop shafts that enhance the performance and reliability of off-road vehicles, which is likely to boost demand. Furthermore, as companies introduce advanced technologies and features to optimize performance in rugged conditions, the off-road vehicle segment is expected to experience substantial growth.

Military Vehicles:

The military vehicles segment is characterized by the unique and rigorous requirements of defense applications. Prop shafts in military vehicles must be capable of operating in extreme conditions, including varied terrains and adverse weather, while maintaining high performance under heavy loads. The ongoing global conflicts and defense budgets have led to increased demand for specialized military vehicles, further driving the requirement for high-quality prop shafts. As the military sector continues to advance and modernize its fleets, the demand for robust and reliable driveline components will remain strong. Furthermore, collaborations between defense manufacturers and prop shaft suppliers can lead to innovations and enhancements in military vehicle capabilities.

Racing Vehicles:

The racing vehicle segment represents a niche but lucrative market for automotive prop shafts. High-performance racing vehicles require advanced prop shaft designs that can withstand extreme speeds and rapid acceleration while minimizing weight. Manufacturers are constantly innovating in materials and engineering to enhance efficiency and performance in racing applications. The increasing popularity of motorsports and the launch of new racing events have further fueled demand for specialized prop shafts. Additionally, as technology continues to evolve in the automotive sector, racing vehicles are expected to incorporate more sophisticated driveline solutions, creating further opportunities for growth in this segment.

By Distribution Channel

OEMs:

The original equipment manufacturers (OEMs) segment is a significant component of the automotive prop shaft market. OEMs typically produce vehicles in bulk and are responsible for integrating high-quality components, including prop shafts, into their models. As the automotive industry moves towards innovation and advanced manufacturing, OEMs are increasingly focusing on partnerships with prop shaft manufacturers to ensure the reliability and performance of their vehicles. The demand from OEMs is driven by the need for improved vehicle efficiency and performance, leading to the adoption of latest technologies and materials in prop shaft manufacturing. As the automotive market expands, the OEM segment is expected to maintain robust growth, supported by the rising production of vehicles globally.

Aftermarket:

The aftermarket segment offers significant growth opportunities for the automotive prop shaft market as it involves the sale of replacement parts for existing vehicles. As vehicles age, the demand for replacement prop shafts due to wear and tear increases, creating a substantial market for aftermarket parts. Additionally, the growing trend of vehicle customization has led to an increased interest in upgrading prop shafts to enhance performance and efficiency. The rise in e-commerce and online automotive parts sales has further facilitated the growth of the aftermarket segment, providing consumers with greater access to a wide range of prop shaft options. As vehicle ownership rates continue to rise, the aftermarket for prop shafts is expected to expand significantly.

By Material Type

Steel:

Steel remains one of the most widely used materials for manufacturing prop shafts due to its high strength and durability. Steel prop shafts are capable of withstanding significant torsional loads, making them an ideal choice for heavy-duty applications in commercial and off-road vehicles. Moreover, advancements in steel production techniques have enhanced the performance characteristics of steel shafts, making them lighter without compromising strength. As automakers seek to balance performance with cost-effectiveness, steel continues to play an essential role in the prop shaft market. The ongoing demand for robust driveline components in both OEM and aftermarket segments ensures that steel will maintain its presence in the industry for the foreseeable future.

Aluminum:

Aluminum is increasingly being adopted in prop shaft manufacturing due to its lightweight properties and resistance to corrosion. The shift towards lightweight materials in the automotive industry is driven by consumer demands for improved fuel efficiency and performance. By replacing heavier steel shafts with aluminum, manufacturers can reduce overall vehicle weight, which directly contributes to better fuel economy. Additionally, aluminum prop shafts can be produced using various manufacturing techniques, allowing for innovation in design and application. As automakers focus on sustainability and eco-friendly practices, the use of aluminum in prop shafts is expected to grow, particularly in mid-range and high-performance vehicles.

Carbon Fiber:

The use of carbon fiber in automotive prop shafts is gaining momentum, particularly in high-performance and luxury vehicles. The material's exceptional strength-to-weight ratio allows for significant reductions in weight while maintaining the ability to handle high torque loads. This characteristic is crucial for enhancing vehicle performance, particularly in sports and racing applications. Although carbon fiber prop shafts tend to be more expensive than their steel and aluminum counterparts, the performance advantages they offer often justify the investment for manufacturers and consumers alike. As research and development continue to push the boundaries of carbon fiber technology, its application in the automotive prop shaft market is likely to expand.

Composite:

Composite materials are emerging as a viable option for automotive prop shafts, combining various materials to achieve desirable properties. Composites can provide the benefits of reduced weight and increased strength, making them suitable for applications where performance and efficiency are critical. The versatility of composites allows for tailoring material properties to meet specific requirements, potentially leading to innovations in prop shaft designs. As manufacturers seek to optimize their products for better fuel efficiency and performance, the adoption of composite materials in prop shafts is expected to grow. The ongoing advancements in composite technologies will likely fuel this segment of the market in the coming years.

By Region

The automotive prop shaft market shows distinct regional growth patterns, with North America, Europe, and Asia Pacific being the leading regions. North America, valued at approximately USD 2.3 billion, is experiencing steady growth due to the high demand for commercial vehicles and the presence of major automotive manufacturers. The region is also witnessing a trend towards the adoption of advanced driveline technologies, which is contributing to the growth of the prop shaft market. The CAGR for North America is projected to be around 4.9% during the forecast period, driven by the ongoing developments in vehicle production and the increasing presence of electric vehicles. In Europe, the market is anticipated to grow at a CAGR of approximately 5.1%, with manufacturers focusing on sustainability and lightweight materials, thereby enhancing the demand for innovative prop shaft solutions.

In the Asia Pacific region, the automotive prop shaft market is expected to witness the highest growth, projected to reach USD 4.0 billion by 2035. Factors such as rapid urbanization, rising disposable incomes, and a booming automotive industry contribute to this growth. Countries like China and India are witnessing a surge in vehicle production and sales, driving the demand for prop shafts in both OEM and aftermarket segments. Moreover, the increasing production of electric vehicles in the region is expected to further propel market growth. The Latin America and Middle East & Africa regions are anticipated to experience moderate growth due to burgeoning automotive sectors and increasing vehicle ownership rates.

Opportunities

The automotive prop shaft market is poised to capitalize on several opportunities that could enhance its growth trajectory in the coming years. One of the most significant opportunities lies in the increasing adoption of electric vehicles (EVs) and hybrids, which often necessitate the development of specialized driveline components. As manufacturers transition towards greener technologies, there is a growing need for lightweight and efficient prop shafts designed for electric drivetrains. This transition could lead to innovations in materials and designs, ultimately expanding the market for advanced prop shafts. Furthermore, as governments worldwide implement stringent emissions regulations, manufacturers will be pushed to adopt advanced technologies and materials, further stimulating demand for prop shafts that meet these new standards.

Additionally, the rapid growth of the aftermarket segment presents a substantial opportunity for prop shaft manufacturers. As the global vehicle fleet continues to expand, the need for replacement parts and upgrades is expected to grow correspondingly. This trend opens doors for manufacturers to develop enhanced, performance-oriented prop shafts aimed at consumers seeking to improve their vehicles. The rise in online automotive parts sales also provides an avenue for manufacturers to reach a broader audience, making it easier for consumers to access high-quality prop shafts. By focusing on innovation and customer service, prop shaft manufacturers can leverage these opportunities to establish a strong presence in the market.

Threats

While the automotive prop shaft market presents numerous opportunities, it is not without its threats that could hinder growth. One of the most significant threats is the increasing competition from alternative driveline technologies, such as electric and hybrid systems that may not require traditional prop shafts. As automakers invest in new technologies and explore alternatives to conventional drivetrains, the demand for traditional prop shafts may decline, particularly in regions heavily investing in electric mobility. Additionally, fluctuations in raw material prices can pose challenges for prop shaft manufacturers, particularly in the steel and aluminum segments, where price volatility can impact production costs and profit margins.

Another threat to the automotive prop shaft market is the ongoing trend toward vehicle lightweighting, which may lead manufacturers to explore materials other than traditional options or reduce the need for prop shafts altogether. The integration of advanced technologies such as electric powertrains and all-wheel-drive systems may require less conventional components, posing a challenge for traditional prop shaft manufacturers. Furthermore, the global supply chain disruptions experienced in recent years have highlighted vulnerabilities that could hinder production and delivery, potentially affecting market growth. To mitigate these threats, manufacturers must adapt to changing consumer demands and technological advancements in the automotive industry.

Competitor Outlook

• GKN Automotive
• Meritor, Inc.
• American Axle & Manufacturing Holdings, Inc.
• ZF Friedrichshafen AG
• Drive Shaft, Inc.
• JTEKT Corporation
• Neapco Drivelines
• Allied Motion Technologies Inc.
• Cardan Shaft Company
• Haldex AB
• Magna International Inc.
• Rheinmetall AG
• Heavy Vehicle Systems International Ltd.
• FTE automotive
• Timken Company

The competitive landscape of the automotive prop shaft market is characterized by the presence of several key players who are striving to maintain their market share while innovating and expanding their product offerings. Companies like GKN Automotive and Meritor, Inc. are prominent players known for their extensive portfolios and technological advancements in driveline components. These companies invest heavily in research and development to create innovative and efficient prop shafts that cater to the evolving demands of the automotive industry. Additionally, established brands such as ZF Friedrichshafen AG and American Axle & Manufacturing Holdings, Inc. are focusing on strategic partnerships and acquisitions to enhance their product lines and expand their global reach.

Furthermore, the market is witnessing the emergence of new entrants and specialized players who are capitalizing on niche segments, particularly in high-performance and racing applications. Companies like Drive Shaft, Inc. and Cardan Shaft Company are gaining traction through their tailored solutions and commitment to quality. The competition is intensifying as manufacturers strive to enhance their production capabilities and respond quickly to changing market dynamics. The focus on sustainability and lightweight materials has led established players to explore collaborations with material suppliers, fostering innovation in prop shaft manufacturing.

In conclusion, the automotive prop shaft market is set for sustained growth as manufacturers adapt to evolving trends and consumer preferences. Major players, including companies like GKN Automotive and Magna International Inc., are well-positioned to leverage their expertise and resources to navigate the competitive landscape successfully. By prioritizing innovation and sustainability, these companies can enhance their product offerings and cater to the increasing demand for advanced driveline solutions. As the automotive industry continues to evolve, the competitive landscape of the prop shaft market will remain dynamic, with opportunities for growth and collaboration on the horizon.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Haldex AB
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Meritor, Inc.
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 FTE automotive
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 GKN Automotive
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Rheinmetall AG
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Timken Company
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Drive Shaft, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 JTEKT Corporation
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Neapco Drivelines
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Cardan Shaft Company
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 ZF Friedrichshafen AG
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Magna International Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Allied Motion Technologies Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Heavy Vehicle Systems International Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 American Axle & Manufacturing Holdings, Inc.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive Prop Shaft Market, By Application
    • 6.1.1 Passenger Vehicles
    • 6.1.2 Commercial Vehicles
    • 6.1.3 Off-road Vehicles
    • 6.1.4 Military Vehicles
    • 6.1.5 Racing Vehicles
  • 6.2 Automotive Prop Shaft Market, By Product Type
    • 6.2.1 One-piece Prop Shaft
    • 6.2.2 Two-piece Prop Shaft
    • 6.2.3 Three-piece Prop Shaft
    • 6.2.4 Carbon Fiber Prop Shaft
    • 6.2.5 Aluminum Prop Shaft
  • 6.3 Automotive Prop Shaft Market, By Material Type
    • 6.3.1 Steel
    • 6.3.2 Aluminum
    • 6.3.3 Carbon Fiber
    • 6.3.4 Composite

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Automotive Prop Shaft Market by Region
  • 10.6 Middle East & Africa - Market Analysis
    • 10.6.1 By Country
      • 10.6.1.1 Middle East
      • 10.6.1.2 Africa

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive Prop Shaft market is categorized based on

By Product Type

• One-piece Prop Shaft
• Two-piece Prop Shaft
• Three-piece Prop Shaft
• Carbon Fiber Prop Shaft
• Aluminum Prop Shaft

By Application

• Passenger Vehicles
• Commercial Vehicles
• Off-road Vehicles
• Military Vehicles
• Racing Vehicles

By Material Type

• Steel
• Aluminum
• Carbon Fiber
• Composite

By Region

• Asia Pacific
• North America
• Europe
• Latin America
• Middle East & Africa

Key Players

• GKN Automotive
• Meritor, Inc.
• American Axle & Manufacturing Holdings, Inc.
• ZF Friedrichshafen AG
• Drive Shaft, Inc.
• JTEKT Corporation
• Neapco Drivelines
• Allied Motion Technologies Inc.
• Cardan Shaft Company
• Haldex AB
• Magna International Inc.
• Rheinmetall AG
• Heavy Vehicle Systems International Ltd.
• FTE automotive
• Timken Company