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The automotive axle and propeller shaft market is forecasted to grow by USD 4.21 billion during 2023-2028, accelerating at a CAGR of 3.28% during the forecast period. The report on the automotive axle and propeller shaft market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
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 increase in adoption of evs, rising aftermarket demand for automotive axles and propeller shafts, and surge in use of lightweight materials for manufacturing automotive axles and propeller shafts.
The automotive axle and propeller shaft market is segmented as below:
By Vehicle Type
- Passenger vehicles
- Commercial vehicles
By Location
- Rear
- Front
- Interaxle
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on the automotive axle and propeller shaft market covers the following areas:
- Automotive axle and propeller shaft market sizing
- Automotive axle and propeller shaft market forecast
- Automotive axle and propeller shaft market industry analysis
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
2 Technavio Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Five Forces Analysis
7 Market Segmentation by Vehicle Type
8 Market Segmentation by Location
9 Customer Landscape
10 Geographic Landscape
11 Drivers, Challenges, and Opportunity/Restraints
12 Competitive Landscape
13 Competitive Analysis
14 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global automotive axle and propeller shaft market: American Axle and Manufacturing Holdings Inc., Comer Industries Spa, Cummins Inc., D.K. Engineering Holdings Ltd., Dana Inc., Dowlais Group plc, Hitachi Ltd., Hyundai WIA Corporation, IFA Holding GmbH, JTEKT Corp., Muhr und Bender KG, Neapco Holdings LLC, Nexteer Automotive Group Ltd., NTN Corp., Schaeffler AG, Talbros Engineering Ltd., Tri-Ring Group Corp, Wanxiang America Corp., Yamada Manufacturing Co. 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 development of intelligent and advanced automotive axles."
According to the report, one of the major drivers for this market is the increase in adoption of evs.
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.
- Comer Industries Spa
- Cummins Inc.
- D.K. Engineering Holdings Ltd.
- Dana Inc.
- Dowlais Group plc
- Hitachi Ltd.
- Hyundai WIA Corporation
- IFA Holding GmbH
- JTEKT Corp.
- Muhr und Bender KG
- Neapco Holdings LLC
- Nexteer Automotive Group Ltd.
- NTN Corp.
- Schaeffler AG
- Talbros Engineering Ltd.
- Tri-Ring Group Corp
- Wanxiang America Corp.
- Yamada Manufacturing Co. Ltd.
- ZF Friedrichshafen AG
