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Automotive Axles Market 2024-2028

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    Report

  • 190 Pages
  • July 2024
  • Region: Global
  • TechNavio
  • ID: 5783244
1h Free Analyst Time
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The automotive axles market is forecasted to grow by USD 23.54 billion during 2023-2028, accelerating at a CAGR of 5.89% during the forecast period. The report on the automotive axles market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing demand for commercial vehicles, growing adoption of EVs, and high growth volume for premium vehicle segment.

The automotive axles market is segmented as below:

By Type

  • Drive axle
  • Dead axle
  • Lifting axle

By Vehicle Type

  • Passenger cars
  • SUVs
  • Light commercial vehicles
  • Heavy commercial vehicles
  • Others

By Geographical Landscape

  • North America
  • APAC
  • Europe
  • South America
  • Middle East and Africa
This study identifies the increase in popularity of e-axle system as one of the prime reasons driving the automotive axles market growth during the next few years. Also, development of intelligent and advanced automotive axle and growing focus to increase efficiency will lead to sizable demand in the market.

The report on the automotive axles market covers the following areas:

  • Automotive axles market sizing
  • Automotive axles market forecast
  • Automotive axles market industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive axles market vendors that include American Axle and Manufacturing Holdings Inc., BorgWarner Inc., Cardone Industries Inc., Carraro SpA, Cummins Inc., Dana Inc., Dorman Products Inc., GESTAMP AUTOMOCION SA, GNA Axles Ltd., Hirta Industry Co. Ltd., Hyundai Motor Group, KOREA FLANGE Co. Ltd., Magna International Inc., Melrose Industries PLC, Mercedes Benz Group AG, Press Kogyo Co. Ltd., Robert Bosch GmbH, SAF HOLLAND SE, Talbros Engineering Ltd., and ZF Friedrichshafen AG. Also, the automotive axles market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. IT presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by Vehicle Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ million)
Data Table on Global - Market size and forecast 2023-2028 ($ million)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global Automotive Axles Market 2018 - 2022
Historic Market Size - Data Table on Global Automotive Axles Market 2018 - 2022 ($ million)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ million)
4.3 Vehicle Type segment analysis 2018 - 2022
Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
4.4 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Drive axle - Market size and forecast 2023-2028
Chart on Drive axle - Market size and forecast 2023-2028 ($ million)
Data Table on Drive axle - Market size and forecast 2023-2028 ($ million)
Chart on Drive axle - Year-over-year growth 2023-2028 (%)
Data Table on Drive axle - Year-over-year growth 2023-2028 (%)
6.4 Dead axle - Market size and forecast 2023-2028
Chart on Dead axle - Market size and forecast 2023-2028 ($ million)
Data Table on Dead axle - Market size and forecast 2023-2028 ($ million)
Chart on Dead axle - Year-over-year growth 2023-2028 (%)
Data Table on Dead axle - Year-over-year growth 2023-2028 (%)
6.5 Lifting axle - Market size and forecast 2023-2028
Chart on Lifting axle - Market size and forecast 2023-2028 ($ million)
Data Table on Lifting axle - Market size and forecast 2023-2028 ($ million)
Chart on Lifting axle - Year-over-year growth 2023-2028 (%)
Data Table on Lifting axle - Year-over-year growth 2023-2028 (%)
6.6 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
7 Market Segmentation by Vehicle Type
7.1 Market segments
Chart on Vehicle Type - Market share 2023-2028 (%)
Data Table on Vehicle Type - Market share 2023-2028 (%)
7.2 Comparison by Vehicle Type
Chart on Comparison by Vehicle Type
Data Table on Comparison by Vehicle Type
7.3 Passenger cars - Market size and forecast 2023-2028
Chart on Passenger cars - Market size and forecast 2023-2028 ($ million)
Data Table on Passenger cars - Market size and forecast 2023-2028 ($ million)
Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
7.4 SUVs - Market size and forecast 2023-2028
Chart on SUVs - Market size and forecast 2023-2028 ($ million)
Data Table on SUVs - Market size and forecast 2023-2028 ($ million)
Chart on SUVs - Year-over-year growth 2023-2028 (%)
Data Table on SUVs - Year-over-year growth 2023-2028 (%)
7.5 Light commercial vehicles - Market size and forecast 2023-2028
Chart on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
Data Table on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
Chart on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
Data Table on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
7.6 Heavy commercial vehicles - Market size and forecast 2023-2028
Chart on Heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
Data Table on Heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
Chart on Heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
Data Table on Heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
7.7 Others - Market size and forecast 2023-2028
Chart on Others - Market size and forecast 2023-2028 ($ million)
Data Table on Others - Market size and forecast 2023-2028 ($ million)
Chart on Others - Year-over-year growth 2023-2028 (%)
Data Table on Others - Year-over-year growth 2023-2028 (%)
7.8 Market opportunity by Vehicle Type
Market opportunity by Vehicle Type ($ million)
Data Table on Market opportunity by Vehicle Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
9.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ million)
Data Table on North America - Market size and forecast 2023-2028 ($ million)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
9.4 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ million)
Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ million)
Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.6 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ million)
Data Table on South America - Market size and forecast 2023-2028 ($ million)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
9.7 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.8 China - Market size and forecast 2023-2028
Chart on China - Market size and forecast 2023-2028 ($ million)
Data Table on China - Market size and forecast 2023-2028 ($ million)
Chart on China - Year-over-year growth 2023-2028 (%)
Data Table on China - Year-over-year growth 2023-2028 (%)
9.9 US - Market size and forecast 2023-2028
Chart on US - Market size and forecast 2023-2028 ($ million)
Data Table on US - Market size and forecast 2023-2028 ($ million)
Chart on US - Year-over-year growth 2023-2028 (%)
Data Table on US - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Chart on Germany - Market size and forecast 2023-2028 ($ million)
Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Chart on Germany - Year-over-year growth 2023-2028 (%)
Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ million)
Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
9.12 Canada - Market size and forecast 2023-2028
Chart on Canada - Market size and forecast 2023-2028 ($ million)
Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Chart on Canada - Year-over-year growth 2023-2028 (%)
Data Table on Canada - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ million)
Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
10.4 Market opportunities/restraints
11 Competitive Landscape
11.1 Overview
11.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
11.3 Landscape disruption
Overview on factors of disruption
11.4 Industry risks
Impact of key risks on business
12 Competitive Analysis
12.1 Companies profiled
Companies covered
12.2 Market positioning of companies
Matrix on companies position and classification
12.3 American Axle and Manufacturing Holdings Inc.
American Axle and Manufacturing Holdings Inc. - Overview
American Axle and Manufacturing Holdings Inc. - Business segments
American Axle and Manufacturing Holdings Inc. - Key news
American Axle and Manufacturing Holdings Inc. - Key offerings
American Axle and Manufacturing Holdings Inc. - Segment focus
12.4 BorgWarner Inc.
BorgWarner Inc. - Overview
BorgWarner Inc. - Business segments
BorgWarner Inc. - Key news
BorgWarner Inc. - Key offerings
BorgWarner Inc. - Segment focus
12.5 Cardone Industries Inc.
Cardone Industries Inc. - Overview
Cardone Industries Inc. - Product / Service
Cardone Industries Inc. - Key offerings
12.6 Carraro SpA
Carraro SpA - Overview
Carraro SpA - Product / Service
Carraro SpA - Key offerings
12.7 Cummins Inc.
Cummins Inc. - Overview
Cummins Inc. - Business segments
Cummins Inc. - Key news
Cummins Inc. - Key offerings
Cummins Inc. - Segment focus
12.8 Dana Inc.
Dana Inc. - Overview
Dana Inc. - Business segments
Dana Inc. - Key news
Dana Inc. - Key offerings
Dana Inc. - Segment focus
12.9 Dorman Products Inc.
Dorman Products Inc. - Overview
Dorman Products Inc. - Product / Service
Dorman Products Inc. - Key news
Dorman Products Inc. - Key offerings
12.10 GESTAMP AUTOMOCION SA
GESTAMP AUTOMOCION SA - Overview
GESTAMP AUTOMOCION SA - Business segments
GESTAMP AUTOMOCION SA - Key offerings
GESTAMP AUTOMOCION SA - Segment focus
12.11 Hyundai Motor Group
Hyundai Motor Group - Overview
Hyundai Motor Group - Business segments
Hyundai Motor Group - Key news
Hyundai Motor Group - Key offerings
Hyundai Motor Group - Segment focus
12.12 Magna International Inc.
Magna International Inc. - Overview
Magna International Inc. - Business segments
Magna International Inc. - Key news
Magna International Inc. - Key offerings
Magna International Inc. - Segment focus
12.13 Melrose Industries Plc
Melrose Industries Plc - Overview
Melrose Industries Plc - Business segments
Melrose Industries Plc - Key offerings
Melrose Industries Plc - Segment focus
12.14 Mercedes Benz Group AG
Mercedes Benz Group AG - Overview
Mercedes Benz Group AG - Business segments
Mercedes Benz Group AG - Key news
Mercedes Benz Group AG - Key offerings
Mercedes Benz Group AG - Segment focus
12.15 Robert Bosch GmbH
Robert Bosch GmbH - Overview
Robert Bosch GmbH - Product / Service
Robert Bosch GmbH - Key news
Robert Bosch GmbH - Key offerings
12.16 Talbros Engineering Ltd.
Talbros Engineering Ltd. - Overview
Talbros Engineering Ltd. - Key offerings
12.17 ZF Friedrichshafen AG
ZF Friedrichshafen AG - Overview
ZF Friedrichshafen AG - Business segments
ZF Friedrichshafen AG - Key news
ZF Friedrichshafen AG - Key offerings
ZF Friedrichshafen AG - Segment focus
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
13.3 Currency conversion rates for US$
Currency conversion rates for US$
13.4 Research methodology
Research methodology
13.5 Data procurement
Information sources
13.6 Data validation
Data validation
13.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
13.8 Data synthesis
Data synthesis
13.9 360 degree market analysis
360 degree market analysis
13.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Global Market Characteristics
Exhibits 4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by Vehicle Type
Exhibits 7: Executive Summary - Chart on Incremental Growth
Exhibits 8: Executive Summary - Data Table on Incremental Growth
Exhibits 9: Executive Summary - Chart on Company Market Positioning
Exhibits 10: Parent Market
Exhibits 11: Data Table on - Parent Market
Exhibits 12: Market characteristics analysis
Exhibits 13: Value Chain Analysis
Exhibits 14: Offerings of companies included in the market definition
Exhibits 15: Market segments
Exhibits 16: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 17: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibits 18: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 19: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits 20: Historic Market Size - Data Table on Global Automotive Axles Market 2018 - 2022 ($ million)
Exhibits 21: Historic Market Size - Type Segment 2018 - 2022 ($ million)
Exhibits 22: Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
Exhibits 23: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
Exhibits 24: Historic Market Size - Country Segment 2018 - 2022 ($ million)
Exhibits 25: Five forces analysis - Comparison between 2023 and 2028
Exhibits 26: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits 27: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits 28: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits 29: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits 30: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits 31: Chart on Market condition - Five forces 2023 and 2028
Exhibits 32: Chart on Type - Market share 2023-2028 (%)
Exhibits 33: Data Table on Type - Market share 2023-2028 (%)
Exhibits 34: Chart on Comparison by Type
Exhibits 35: Data Table on Comparison by Type
Exhibits 36: Chart on Drive axle - Market size and forecast 2023-2028 ($ million)
Exhibits 37: Data Table on Drive axle - Market size and forecast 2023-2028 ($ million)
Exhibits 38: Chart on Drive axle - Year-over-year growth 2023-2028 (%)
Exhibits 39: Data Table on Drive axle - Year-over-year growth 2023-2028 (%)
Exhibits 40: Chart on Dead axle - Market size and forecast 2023-2028 ($ million)
Exhibits 41: Data Table on Dead axle - Market size and forecast 2023-2028 ($ million)
Exhibits 42: Chart on Dead axle - Year-over-year growth 2023-2028 (%)
Exhibits 43: Data Table on Dead axle - Year-over-year growth 2023-2028 (%)
Exhibits 44: Chart on Lifting axle - Market size and forecast 2023-2028 ($ million)
Exhibits 45: Data Table on Lifting axle - Market size and forecast 2023-2028 ($ million)
Exhibits 46: Chart on Lifting axle - Year-over-year growth 2023-2028 (%)
Exhibits 47: Data Table on Lifting axle - Year-over-year growth 2023-2028 (%)
Exhibits 48: Market opportunity by Type ($ million)
Exhibits 49: Data Table on Market opportunity by Type ($ million)
Exhibits 50: Chart on Vehicle Type - Market share 2023-2028 (%)
Exhibits 51: Data Table on Vehicle Type - Market share 2023-2028 (%)
Exhibits 52: Chart on Comparison by Vehicle Type
Exhibits 53: Data Table on Comparison by Vehicle Type
Exhibits 54: Chart on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibits 55: Data Table on Passenger cars - Market size and forecast 2023-2028 ($ million)
Exhibits 56: Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibits 57: Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)
Exhibits 58: Chart on SUVs - Market size and forecast 2023-2028 ($ million)
Exhibits 59: Data Table on SUVs - Market size and forecast 2023-2028 ($ million)
Exhibits 60: Chart on SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 61: Data Table on SUVs - Year-over-year growth 2023-2028 (%)
Exhibits 62: Chart on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibits 63: Data Table on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibits 64: Chart on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits 65: Data Table on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits 66: Chart on Heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibits 67: Data Table on Heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
Exhibits 68: Chart on Heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits 69: Data Table on Heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
Exhibits 70: Chart on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 71: Data Table on Others - Market size and forecast 2023-2028 ($ million)
Exhibits 72: Chart on Others - Year-over-year growth 2023-2028 (%)
Exhibits 73: Data Table on Others - Year-over-year growth 2023-2028 (%)
Exhibits 74: Market opportunity by Vehicle Type ($ million)
Exhibits 75: Data Table on Market opportunity by Vehicle Type ($ million)
Exhibits 76: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 77: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 78: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits 79: Chart on Geographic comparison
Exhibits 80: Data Table on Geographic comparison
Exhibits 81: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 82: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibits 83: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits 84: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits 85: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 86: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibits 87: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 88: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits 89: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 90: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibits 91: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 92: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits 93: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 94: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibits 95: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits 96: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits 97: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 98: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibits 99: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 100: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits 101: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibits 102: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibits 103: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibits 104: Data Table on China - Year-over-year growth 2023-2028 (%)
Exhibits 105: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibits 106: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibits 107: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibits 108: Data Table on US - Year-over-year growth 2023-2028 (%)
Exhibits 109: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 110: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibits 111: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 112: Data Table on Germany - Year-over-year growth 2023-2028 (%)
Exhibits 113: Chart on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 114: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
Exhibits 115: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 116: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits 117: Chart on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 118: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
Exhibits 119: Chart on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 120: Data Table on Canada - Year-over-year growth 2023-2028 (%)
Exhibits 121: Market opportunity By Geographical Landscape ($ million)
Exhibits 122: Data Tables on Market opportunity By Geographical Landscape ($ million)
Exhibits 123: Impact of drivers and challenges in 2023 and 2028
Exhibits 124: Overview on criticality of inputs and factors of differentiation
Exhibits 125: Overview on factors of disruption
Exhibits 126: Impact of key risks on business
Exhibits 127: Companies covered
Exhibits 128: Matrix on companies position and classification
Exhibits 129: American Axle and Manufacturing Holdings Inc. - Overview
Exhibits 130: American Axle and Manufacturing Holdings Inc. - Business segments
Exhibits 131: American Axle and Manufacturing Holdings Inc. - Key news
Exhibits 132: American Axle and Manufacturing Holdings Inc. - Key offerings
Exhibits 133: American Axle and Manufacturing Holdings Inc. - Segment focus
Exhibits 134: BorgWarner Inc. - Overview
Exhibits 135: BorgWarner Inc. - Business segments
Exhibits 136: BorgWarner Inc. - Key news
Exhibits 137: BorgWarner Inc. - Key offerings
Exhibits 138: BorgWarner Inc. - Segment focus
Exhibits 139: Cardone Industries Inc. - Overview
Exhibits 140: Cardone Industries Inc. - Product / Service
Exhibits 141: Cardone Industries Inc. - Key offerings
Exhibits 142: Carraro SpA - Overview
Exhibits 143: Carraro SpA - Product / Service
Exhibits 144: Carraro SpA - Key offerings
Exhibits 145: Cummins Inc. - Overview
Exhibits 146: Cummins Inc. - Business segments
Exhibits 147: Cummins Inc. - Key news
Exhibits 148: Cummins Inc. - Key offerings
Exhibits 149: Cummins Inc. - Segment focus
Exhibits 150: Dana Inc. - Overview
Exhibits 151: Dana Inc. - Business segments
Exhibits 152: Dana Inc. - Key news
Exhibits 153: Dana Inc. - Key offerings
Exhibits 154: Dana Inc. - Segment focus
Exhibits 155: Dorman Products Inc. - Overview
Exhibits 156: Dorman Products Inc. - Product / Service
Exhibits 157: Dorman Products Inc. - Key news
Exhibits 158: Dorman Products Inc. - Key offerings
Exhibits 159: GESTAMP AUTOMOCION SA - Overview
Exhibits 160: GESTAMP AUTOMOCION SA - Business segments
Exhibits 161: GESTAMP AUTOMOCION SA - Key offerings
Exhibits 162: GESTAMP AUTOMOCION SA - Segment focus
Exhibits 163: Hyundai Motor Group - Overview
Exhibits 164: Hyundai Motor Group - Business segments
Exhibits 165: Hyundai Motor Group - Key news
Exhibits 166: Hyundai Motor Group - Key offerings
Exhibits 167: Hyundai Motor Group - Segment focus
Exhibits 168: Magna International Inc. - Overview
Exhibits 169: Magna International Inc. - Business segments
Exhibits 170: Magna International Inc. - Key news
Exhibits 171: Magna International Inc. - Key offerings
Exhibits 172: Magna International Inc. - Segment focus
Exhibits 173: Melrose Industries Plc - Overview
Exhibits 174: Melrose Industries Plc - Business segments
Exhibits 175: Melrose Industries Plc - Key offerings
Exhibits 176: Melrose Industries Plc - Segment focus
Exhibits 177: Mercedes Benz Group AG - Overview
Exhibits 178: Mercedes Benz Group AG - Business segments
Exhibits 179: Mercedes Benz Group AG - Key news
Exhibits 180: Mercedes Benz Group AG - Key offerings
Exhibits 181: Mercedes Benz Group AG - Segment focus
Exhibits 182: Robert Bosch GmbH - Overview
Exhibits 183: Robert Bosch GmbH - Product / Service
Exhibits 184: Robert Bosch GmbH - Key news
Exhibits 185: Robert Bosch GmbH - Key offerings
Exhibits 186: Talbros Engineering Ltd. - Overview
Exhibits 187: Talbros Engineering Ltd. - Key offerings
Exhibits 188: ZF Friedrichshafen AG - Overview
Exhibits 189: ZF Friedrichshafen AG - Business segments
Exhibits 190: ZF Friedrichshafen AG - Key news
Exhibits 191: ZF Friedrichshafen AG - Key offerings
Exhibits 192: ZF Friedrichshafen AG - Segment focus
Exhibits 193: Inclusions checklist
Exhibits 194: Exclusions checklist
Exhibits 195: Currency conversion rates for US$
Exhibits 196: Research methodology
Exhibits 197: Information sources
Exhibits 198: Data validation
Exhibits 199: Validation techniques employed for market sizing
Exhibits 200: Data synthesis
Exhibits 201: 360 degree market analysis
Exhibits 202: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the global automotive axles market: American Axle and Manufacturing Holdings Inc., BorgWarner Inc., Cardone Industries Inc., Carraro SpA, Cummins Inc., Dana Inc., Dorman Products Inc., GESTAMP AUTOMOCION SA, GNA Axles Ltd., Hirta Industry Co. Ltd., Hyundai Motor Group, KOREA FLANGE Co. Ltd., Magna International Inc., Melrose Industries Plc, Mercedes Benz Group AG, Press Kogyo Co. Ltd., Robert Bosch GmbH, SAF HOLLAND SE, Talbros Engineering Ltd., and ZF Friedrichshafen AG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in popularity of e-axle system."

According to the report, one of the major drivers for this market is the increasing demand for commercial vehicles.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • American Axle and Manufacturing Holdings Inc.
  • BorgWarner Inc.
  • Cardone Industries Inc.
  • Carraro SpA
  • Cummins Inc.
  • Dana Inc.
  • Dorman Products Inc.
  • GESTAMP AUTOMOCION SA
  • GNA Axles Ltd.
  • Hirta Industry Co. Ltd.
  • Hyundai Motor Group
  • KOREA FLANGE Co. Ltd.
  • Magna International Inc.
  • Melrose Industries Plc
  • Mercedes Benz Group AG
  • Press Kogyo Co. Ltd.
  • Robert Bosch GmbH
  • SAF HOLLAND SE
  • Talbros Engineering Ltd.
  • ZF Friedrichshafen AG