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Download Free sampleAutomotive drive axle is an integral component of vehicles, especially for the rear wheels. Its main function is to transmit driving torque to the wheel, as well as to maintain the position of the wheels relative and the vehicle body. Automotive drive axle is mainly used in the commercial vehicles. While for the passenger vehicles, such as multi-purpose vehicles (MPV) and minibus, automotive drive axle is also a necessary component.
Automotive Drive Axle Market contains market size and forecasts of Automotive Drive Axle in global, including the following market information:
Global Automotive Drive Axle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Drive Axle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Drive Axle companies in 2021 (%)
The global Automotive Drive Axle market was valued at 60170 million in 2021 and is projected to reach US$ 59770 million by 2028, at a CAGR of -0.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Below 3 MT Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Drive Axle include AAM, Meritor, Sichuan Jian'an, DANA, Ankai Futian, AxleTech, PRESS KOGYO, Benteler and RABA, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Drive 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 Drive Axle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Drive Axle Market Segment Percentages, by Type, 2021 (%)
Below 3 MT
3-14 MT
Above 14 MT
Global Automotive Drive Axle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Drive Axle Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicles
Coach
Truck
Global Automotive Drive Axle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Drive 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 Drive Axle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Drive Axle revenues share in global market, 2021 (%)
Key companies Automotive Drive Axle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Drive Axle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AAM
Meritor
Sichuan Jian'an
DANA
Ankai Futian
AxleTech
PRESS KOGYO
Benteler
RABA
HANDE
ZF
SG Automotive Group
Shandong Heavy Industry
SINOTRUK
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