An 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.
Market competition is fierce. Although AAM, Meritor and DANA are the top 3 players in 2016, occupying for over 33.7% of global automotive axle market, the market concentration is relatively not too high. In this report, the top 18 listed companies occupy about 70% of the market in 2016.
Subject to fluctuations in the price of steel raw materials, the product average price declined in the past few years, however, in the end of 2016, the price of steel raised up, this lead to the average price increased in 2016 and 2017.
For vehicle industry, OEMs requires each automotive axle to meet rigid qualification standards to ensure performance, quality, and engineering design fit. Automotive axle sold into the aftermarket for replacement purposes are not of sufficient quality or reliability to be used by OEMs. Accordingly, automotive axle for OEMs is not interchangeable with or substitutable for automotive axle for the aftermarket, and demand for each is separate.
Global Automotive Axle market size will reach 31300 million US$ by 2025, from 25500 million US$ in 2018, at a CAGR of 2.6% during the forecast period. In this study, 2018 has been considered as the base year and 2019-2025 as the forecast period to estimate the market size for Automotive Axle.
This industry study presents the global Automotive Axle market size, historical breakdown data (2014-2019) and forecast (2019-2025). The Automotive Axle production, revenue and market share by manufacturers, key regions and type;
The consumption of Automotive Axle in volume terms are also provided for major countries (or regions), and for each application and product at the global level. Market share, growth rate, and competitive factors are also evaluated for market leaders AAM, Meritor, etc.
The following manufacturers are covered in this report:
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
Automotive Axle Breakdown Data by Type
Front Axle
Rear Axle
Automotive Axle Breakdown Data by Application
Commercial Vehicle
Passenger Cars
Automotive Axle Production by Region
United States
Europe
China
Japan
South Korea
India
Other Regions
Automotive Axle Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Automotive Axle status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Automotive Axle manufacturers, production, revenue, market share, SWOT analysis and development plans in next few years.
To segment the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To strategically analyze each submarket with respect to individual growth trend and their contribution to the market.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Automotive Axle :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Automotive Axle market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Automotive Axle . Industry analysis & Market Report on Automotive Axle is a syndicated market report, published as Global Automotive Axle Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Automotive Axle market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.