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Global Centre and Drag Link Market: By GVW: Less Than 8000 lb. GVW, Between 8000-15000 lb. GVW, Greater Than 15000 lb. GVW; By Vehicle Type: Light-Duty Vehicles, Medium-Duty Vehicles, Others; Regional Analysis; Historical Market and Forecast (2018-2028); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Centre and Drag Link Market Outlook

The global centre and drag link market is expected to grow at a CAGR of 6.3% during the period 2023-2028. The global market is likely to be driven by the necessity of centre and drag links in various passenger and carriage vehicles. North America, Europe and Asia are expected to be key markets.

 

Global Market Likely to be Driven by Necessity of Centre and Drag Links in Passenger and Carriage Vehicles

Centre and drag link is a crucial part of a vehicle’s steering system; a functional and reliable centre and drag link helps keep the vehicle safe when on the road. The centre and drag link (also called the centre link), is connected to both the Pitman and idler arms at either end, and joined to the inner tie rods. The centre and drag link is meant to manoeuvre inner tie rod ends to enable a vehicle’s wheels to turn properly when the steering wheel is moved. Centre and drag link assembly is an important part in passenger and carriage vehicles, which connects the steering wheel to the front wheel of the vehicle which turns when the steering wheel rotate.

The global centre and drag link market is expected to be driven by high-quality products by leading companies. Companies like Moog offer long-lasting steering solutions. For example, Centre and Drag Links by Moog feature MOOG® engineered forged steel composition resulting in a stronger component, Problem Solver® powdered-metal gusher bearing design which enables grease to flow through the bearing to the stud for reduced friction and enhanced strength and stability, Problem Solver®  pressed-in patented cover plate design allows for tighter tolerances as against traditional cover plate designs, providing a more durable and extended life part, and greaseable socket design allows new lubricant to flush contaminants from the assembly, reducing corrosion and wear.

ACDelco Silver (Advantage) Steering Centre Links control left and right linkage movement and serve as economical replacement components for GM and non-GM vehicles. These centre links are made of hot-forged alloy steel for excellent strength and coated to help provide rust resistance. Their low-friction constant-torque pivot joints also provide accurate vertical movement. These dependable aftermarket steering centre links offer quality and performance, all at an economical price.

 

The Need to Replace Defective Centre and Drag Link in Vehicles Expected to Sustain Market Growth

With time, the ball joints and centre and drag link may wear out or become damaged. If a defect occurs in the centre and drag link, the vehicle may begin to vibrate and wobble while driving. Such a situation is dangerous, and it is important to have the centre and drag link replaced.  Some signs that the centre link might need to be replaced include: vibrations from the wheels while driving, wheel alignment is off, car wobbling while driving, poor car handling, and vibrations in the steering wheel. The need for replacement of worn out or defective centre and drag link with new units is expected to maintain demand and stimulate the global centre and drag link market.

 

Market Segmentation

By GVW, the market is segmented into:

  • Less Than 8000 lb. GVW
  • Between 8000-15000 lb. GVW
  • Greater Than 15000 lb. GVW

By vehicle type, the market is divided into:

  • Light-Duty Vehicles 
  • Medium-Duty Vehicles
  • Heavy-Duty Vehicles

By region, the market is classified into:

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

 

Key Industry Players in the Market

The report presents a detailed analysis of the following key players in the global centre and drag link market, looking into their capacity, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Powers & Sons, LLC
  • ZF Friedrichshafen AG
  • Rane Group
  • TAHIKO Co., Ltd
  • DRiV Incorporated (Tenneco Inc.) 
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

 

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2022
Historical Period 2018-2022
Forecast Period 2023-2028
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • GVW
  • Vehicle Type
  • Region
Breakup by GVW
  • Less Than 8000 lb. GVW
  • Between 8000-15000 lb. GVW
  • Greater Than 15000 lb. GVW
Breakup by Vehicle Type
  • Light-Duty Vehicles 
  • Medium-Duty Vehicles
  • Heavy-Duty Vehicles
Breakup by Region
  • North America
    • United States of America 
    • Canada
  • Europe
    • United Kingdom
    • Germany
    • France
    • Italy
    • Others
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Australia
    • Others
  • Latin America
    • Brazil
    • Argentina
    • Mexico
    • Others
  • Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Nigeria
    • South Africa
    • Others
Market Dynamics
  • SWOT
  • Porter's Five Forces
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Powers & Sons, LLC
  • ZF Friedrichshafen AG
  • Rane Group
  • TAHIKO Co., Ltd
  • DRiV Incorporated (Tenneco Inc.) 
  • Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface     
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Market Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Centre and Drag Link Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Centre and Drag Link Historical Market (2018-2022) 
    8.3    Global Centre and Drag Link Market Forecast (2023-2028)
    8.4    Global Centre and Drag Link Market by GVW
        8.4.1    Less Than 8000 lb. GVW
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2018-2022)
            8.4.1.3    Forecast Trend (2023-2028)
        8.4.2    Between 8000-15000 lb. GVW
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2018-2022)
            8.4.2.3    Forecast Trend (2023-2028)
        8.4.3    Greater Than 15000 lb. GVW
            8.4.3.1    Market Share
            8.4.3.2    Historical Trend (2018-2022)
            8.4.3.3    Forecast Trend (2023-2028)
    8.5    Global Centre and Drag Link Market by Vehicle Type
        8.5.1    Light-Duty Vehicles 
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2018-2022)
            8.5.1.3    Forecast Trend (2023-2028)
        8.5.2    Medium-Duty Vehicles
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2018-2022)
            8.5.2.3    Forecast Trend (2023-2028)
        8.5.3    Heavy-Duty Vehicles
            8.5.3.1    Market Share
            8.5.3.2    Historical Trend (2018-2022)
            8.5.3.3    Forecast Trend (2023-2028)
    8.6    Global Centre and Drag Link Market by Region        
       8.6.1    North America
           8.6.1.1    Market Share
           8.6.1.2    Historical Trend (2018-2022) 
           8.6.1.3    Forecast Trend (2023-2028)
       8.6.2    Europe
           8.6.2.1    Market Share
           8.6.2.2    Historical Trend (2018-2022) 
           8.6.2.3    Forecast Trend (2023-2028)
       8.6.3    Asia Pacific
           8.6.3.1    Market Share
           8.6.3.2    Historical Trend (2018-2022) 
           8.6.3.3    Forecast Trend (2023-2028)
       8.6.4    Latin America
           8.6.4.1    Market Share
           8.6.4.2    Historical Trend (2018-2022) 
           8.6.4.3    Forecast Trend (2023-2028)
       8.6.5    Middle East and Africa
           8.6.5.1    Market Share
           8.6.5.2    Historical Trend (2018-2022) 
           8.6.5.3     Forecast Trend (2023-2028)
9    North America Centre and Drag Link Market Analysis
    9.1    United States of America 
        9.1.1    Market Share
        9.1.2    Historical Trend (2018-2022) 
        9.1.3    Forecast Trend (2023-2028)
    9.2    Canada
        9.2.1    Market Share
        9.2.2    Historical Trend (2018-2022) 
        9.2.3    Forecast Trend (2023-2028)
10    Europe Centre and Drag Link Market Analysis
    10.1    United Kingdom
        10.1.1    Market Share
        10.1.2    Historical Trend (2018-2022) 
        10.1.3    Forecast Trend (2023-2028)
    10.2    Germany
        10.2.1    Market Share
        10.2.2    Historical Trend (2018-2022) 
        10.2.3    Forecast Trend (2023-2028)
    10.3    France
        10.3.1    Market Share
        10.3.2    Historical Trend (2018-2022) 
        10.3.3    Forecast Trend (2023-2028)
    10.4    Italy
        10.4.1    Market Share
        10.4.2    Historical Trend (2018-2022) 
        10.4.3    Forecast Trend (2023-2028)
    10.5    Others
11    Asia Pacific Centre and Drag Link Market Analysis
    11.1    China    
        11.1.1    Market Share
        11.1.2    Historical Trend (2018-2022) 
        11.1.3    Forecast Trend (2023-2028)
    11.2    Japan
        11.2.1    Market Share
        11.2.2    Historical Trend (2018-2022) 
        11.2.3    Forecast Trend (2023-2028)
    11.3    India
        11.3.1    Market Share
        11.3.2    Historical Trend (2018-2022) 
        11.3.3    Forecast Trend (2023-2028)
    11.4    ASEAN
        11.4.1    Market Share
        11.4.2    Historical Trend (2018-2022) 
        11.4.3    Forecast Trend (2023-2028)
    11.5    Australia
        11.5.1    Market Share
        11.5.2    Historical Trend (2018-2022) 
        11.5.3    Forecast Trend (2023-2028)
    11.6    Others
12    Latin America Centre and Drag Link Market Analysis
    12.1    Brazil
        12.1.1    Market Share
        12.1.2    Historical Trend (2018-2022) 
        12.1.3    Forecast Trend (2023-2028)
    12.2    Argentina
        12.2.1    Market Share
        12.2.2    Historical Trend (2018-2022) 
        12.2.3    Forecast Trend (2023-2028)
    12.3    Mexico
        12.3.1    Market Share
        12.3.2    Historical Trend (2018-2022) 
        12.3.3    Forecast Trend (2023-2028)
    12.4    Others
13    Middle East and Africa Centre and Drag Link Market Analysis
    13.1    Saudi Arabia
        13.1.1    Market Share
        13.1.2    Historical Trend (2018-2022) 
        13.1.3    Forecast Trend (2023-2028)
    13.2    United Arab Emirates
        13.2.1    Market Share
        13.2.2    Historical Trend (2018-2022) 
        13.2.3    Forecast Trend (2023-2028)
    13.3    Nigeria
        13.3.1    Market Share
        13.3.2    Historical Trend (2018-2022) 
        13.3.3    Forecast Trend (2023-2028)
    13.4    South Africa
        13.4.1    Market Share
        13.4.2    Historical Trend (2018-2022) 
        13.4.3    Forecast Trend (2023-2028)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Powers & Sons, LLC
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    ZF Friedrichshafen AG
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Rane Group
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    TAHIKO Co., Ltd
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    DRiV Incorporated (Tenneco Inc.) 
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Others
16    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    Global Centre and Drag Link Market: Key Industry Highlights, 2018 and 2028
2.    Global Centre and Drag Link Historical Market: Breakup by GVW (USD Million), 2018-2022
3.    Global Centre and Drag Link Market Forecast: Breakup by GVW (USD Million), 2023-2028
4.    Global Centre and Drag Link Historical Market: Breakup by Vehicle Type (USD Million), 2018-2022
5.    Global Centre and Drag Link Market Forecast: Breakup by Vehicle Type (USD Million), 2023-2028
6.    Global Centre and Drag Link Historical Market: Breakup by Region (USD Million), 2018-2022
7.    Global Centre and Drag Link Market Forecast: Breakup by Region (USD Million), 2023-2028
8.    North America Centre and Drag Link Historical Market: Breakup by Country (USD Million), 2018-2022
9.    North America Centre and Drag Link Market Forecast: Breakup by Country (USD Million), 2023-2028
10.    Europe Centre and Drag Link Historical Market: Breakup by Country (USD Million), 2018-2022
11.    Europe Centre and Drag Link Market Forecast: Breakup by Country (USD Million), 2023-2028
12.    Asia Pacific Centre and Drag Link Historical Market: Breakup by Country (USD Million), 2018-2022
13.    Asia Pacific Centre and Drag Link Market Forecast: Breakup by Country (USD Million), 2023-2028
14.    Latin America Centre and Drag Link Historical Market: Breakup by Country (USD Million), 2018-2022
15.    Latin America Centre and Drag Link Market Forecast: Breakup by Country (USD Million), 2023-2028
16.    Middle East and Africa Centre and Drag Link Historical Market: Breakup by Country (USD Million), 2018-2022
17.    Middle East and Africa Centre and Drag Link Market Forecast: Breakup by Country (USD Million), 2023-2028
18.    Global Centre and Drag Link Market Structure

Key Questions Answered in the Report

The global centre and drag link market is projected to grow at a CAGR of 6.3% between 2023 and 2028.

The major drivers of the market include the growing end user inclination towards the improved and effective vehicle components, increasing demand for the expansion of more tough and strong products, increasing number of players in the centre and drag link market, and technological developments in the automotive industry.

The necessity of centre and drag links in various passenger and carriage vehicles and improvement in the stock keeping units (SKUs) are the key industry trends propelling the market's growth.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Based on GVW, the market is segmented into less Than 8000 lb. GVW, between 8000-15000 lb. GVW, and greater Than 15000 lb. GVW.

The different types of vehicles in the market are light-duty vehicles, medium-duty vehicles, and heavy-duty vehicles.

The major players in the industry are Powers & Sons, LLC, ZF Friedrichshafen AG, Rane Group, TAHIKO Co., Ltd, and DRiV Incorporated (Tenneco Inc.), among others.

Analyst Review

The global centre and drag link market was driven by the necessity of centre and drag links in various passenger and carriage vehicles in the historical period. Aided by the growing end-user inclination towards the improved and effective vehicle components and increasing demand for the expansion of more tough and strong products, the market is expected to grow at a CAGR of 6.3% in the forecast period of 2023-2028.

EMR's meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on GVW, the market is segmented into less than 8000 lb. GVW, between 8000-15000 lb. GVW, and greater than 15000 lb. GVW. The different types of vehicles in the market are light-duty vehicles, medium-duty vehicles, and heavy-duty vehicles. The major regional markets for centre and drag link market are North America, Europe, the Asia Pacific, Latin America, the Middle East and Africa. The major players in the industry are Powers & Sons, LLC, ZF Friedrichshafen AG, Rane Group, TAHIKO Co., Ltd, and DRiV Incorporated (Tenneco Inc.), among others.

EMR's research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable and help them remain ahead of their competition.

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