Axle Shaft for Pickup and Trucks Market

Axle & Shaft for Pickup and Trucks is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Axle & Shaft for Pickup and Trucks can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.

Axle Shaft for Pickup and Trucks Market contains market size and forecasts of Axle & Shaft for Pickup and Trucks in global, including the following market information:

Global Axle & Shaft for Pickup and Trucks Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Axle & Shaft for Pickup and Trucks Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Axle & Shaft for Pickup and Trucks companies in 2021 (%)

The global Axle & Shaft for Pickup and Trucks market was valued at 3655.9 million in 2021 and is projected to reach US$ 3986.4 million by 2028, at a CAGR of 1.2% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Propeller Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Axle & Shaft for Pickup and Trucks include GKN, NTN, Dana, AAM, Neapco, JTEKT, SAT, Nexteer and Hyundai-wia, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Axle & Shaft for Pickup and Trucks 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 Axle & Shaft for Pickup and Trucks Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Axle & Shaft for Pickup and Trucks Market Segment Percentages, by Type, 2021 (%)

Propeller Type

Half Type

Global Axle & Shaft for Pickup and Trucks Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Axle & Shaft for Pickup and Trucks Market Segment Percentages, by Application, 2021 (%)

Trucks

Pickup

Global Axle & Shaft for Pickup and Trucks Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Axle & Shaft for Pickup and Trucks 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 Axle & Shaft for Pickup and Trucks revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Axle & Shaft for Pickup and Trucks revenues share in global market, 2021 (%)

Key companies Axle & Shaft for Pickup and Trucks sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Axle & Shaft for Pickup and Trucks sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

GKN

NTN

Dana

AAM

Neapco

JTEKT

SAT

Nexteer

Hyundai-wia

IFA Rotorion

Meritor

Wanxiang Qianchao

Fawer

Danchuan