Pre-order Enquiry
Download Free Sample
Healthcare
Aerospace & Defence
Agriculture
Automations
Chemicals & Advanced Materials
Food & Beverages
Information & Communication Technology
Oil & Gas
Power & Energy
Market Analysis and Insights: Global Automotive Axle Market
An axle is a central shaft for a rotating wheel or gear. On wheeled vehicles, the axle may be fixed to the wheels, rotating with them, or fixed to the vehicle, with the wheels rotating around the axle. In the former case, bearings or bushings are provided at the mounting points where the axle is supported. In the latter case, a bearing or bushing sits inside a central hole in the wheel to allow the wheel or gear to rotate around the axle.
Due to the COVID-19 pandemic, the global Automotive Axle market size is estimated to be worth US$ 29000 million in 2022 and is forecast to a readjusted size of US$ 35020 million by 2029 with a CAGR of 2.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Front Axle accounting for % of the Automotive Axle global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Commercial Vehicle segment is altered to an % CAGR throughout this forecast period.
Market competition is fierce. Although AAM, Meritor and DANA are the top 3 players, occupying for over 33% of global automotive axle market, the market concentration is relatively not too high. The top 18 listed companies occupy about 70% of the market.
Global Automotive Axle Scope and Market Size
The global Automotive Axle market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Automotive Axle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Front Axle
Rear Axle
Segment by Application
Commercial Vehicle
Passenger Cars
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
AAM
Meritor
DANA
ZF
PRESS KOGYO
HANDE Axle
BENTELER
Sichuan Jian'an
KOFCO
Gestamp
Shandong Heavy Industry
Hyundai Dymos
Magneti Marelli
SINOTRUK
Hyundai WIA
SAF-HOLLAND
SG Automotive
IJT Technology Holdings
An axle is a central shaft for a rotating wheel or gear. On wheeled vehicles, the axle may be fixed to the wheels, rotating with them, or fixed to the vehicle, with the wheels rotating around the axle. In the former case, bearings or bushings are provided at the mounting points where the axle is supported. In the latter case, a bearing or bushing sits inside a central hole in the wheel to allow the wheel or gear to rotate around the axle.
Due to the COVID-19 pandemic, the global Automotive Axle market size is estimated to be worth US$ 29000 million in 2022 and is forecast to a readjusted size of US$ 35020 million by 2029 with a CAGR of 2.7% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Front Axle accounting for % of the Automotive Axle global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Commercial Vehicle segment is altered to an % CAGR throughout this forecast period.
Market competition is fierce. Although AAM, Meritor and DANA are the top 3 players, occupying for over 33% of global automotive axle market, the market concentration is relatively not too high. The top 18 listed companies occupy about 70% of the market.
Global Automotive Axle Scope and Market Size
The global Automotive Axle market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Automotive Axle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Front Axle
Rear Axle
Segment by Application
Commercial Vehicle
Passenger Cars
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
AAM
Meritor
DANA
ZF
PRESS KOGYO
HANDE Axle
BENTELER
Sichuan Jian'an
KOFCO
Gestamp
Shandong Heavy Industry
Hyundai Dymos
Magneti Marelli
SINOTRUK
Hyundai WIA
SAF-HOLLAND
SG Automotive
IJT Technology Holdings
Frequently Asked Questions
This market study covers the global and regional market with an
in-depth analysis of the
overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by
highlighting information on
different aspects including drivers, restraints...
