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Download Free sampleAn 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.
Automotive Axle Market contains market size and forecasts of Automotive Axle in global, including the following market information:
Global Automotive Axle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Axle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Axle companies in 2021 (%)
The global Automotive Axle market was valued at 29840 million in 2021 and is projected to reach US$ 35670 million by 2028, at a CAGR of 2.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Front Axle Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Axle include AAM, Meritor, DANA, ZF, PRESS KOGYO, HANDE Axle, BENTELER, Sichuan Jian'an and KOFCO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Axle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Axle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Axle Market Segment Percentages, by Type, 2021 (%)
Front Axle
Rear Axle
Global Automotive Axle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Axle Market Segment Percentages, by Application, 2021 (%)
Commercial Vehicle
Passenger Cars
Global Automotive Axle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Axle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Axle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Axle revenues share in global market, 2021 (%)
Key companies Automotive Axle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Axle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
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