12 The latest report by IMARC Group, titled “Automotive Drivetrain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” The global automotive drivetrain market grew at a CAGR of around 6% during 2015-2020. An automotive drivetrain is an assembly of multiple components that transmit power to the driving wheel of the vehicle. It comprises of a driveshaft, gearbox, universal (U) joints, constant velocity (CV) joints, wheels, and axles. The draft shaft is an extended tubular steel component, which is linked to the gearbox of the vehicle and aids in the ...