The Global Automotive Axle & Propeller Shaft Market Size was valued at USD 28.72 billion in 2017 and is anticipated to cross USD xx.xx billion throughout the forecast timespan. According to latest study conducted by our analysts and industry experts, the global market is expected to grow at a CAGR of 4.3% during the forecast period that is 2017-2025. Growing research and development activities in automotive industry, increasing growth rate automotive & automobile sectors, increasing vehicle production, growing craze regarding luxury vehicles and innovative technologies towards light-weighting of the overall vehicle is projected to boost the market during the forecast period. Passenger car segment dominated the market in 2017 and is expected to maintain its dominant position throughout the forecast period. Asia Pacific would continue dominating market, holding around half of the industry share in 2015 to 2017.   

Global Market Growth Opportunities (Revenue, Growth) By Region 2020-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global automotive axle & propeller shaft market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global automotive axle & propeller shaft market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Segment Analysis

This research report segments the market for automotive axle & propeller shaft on the basis of type, application, end-user and region along with forecast of revenue and analyzing trends in each of the submarkets.

By Axle Type Acumen: Based on the axle type, the global automotive axle & propeller shaft market has been segmented into Live, Dead and Tandem. Live axle segment is set to witness the largest market as compared with dead and tandem axles due to growing vehicle production, engineering advancements to cater to the changing customers need, focus towards optimizing vehicle performance and delivering higher torque, would drive the market.    

By Axle Position Acumen: On the basis of type the global automotive axle & propeller shaft market has been segmented into front and rear and others. In 2018 the front segment was valued to collect healthy growth rate and is estimated to show it’s continue dominance over the forecast period in terms of revenue. Each end-user is further described in detail in the report with value forecasts for aforementioned period.

Regional Analysis

The global automotive axle & propeller shaft market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. Europe market lead the region in 2017 and is projected to witness growth during the forecast due to market growth majorly driver is estimated to be stringent fuel-economy norms which would encourage research activities to develop lightweight solutions for vehicles. Some of the major economies from region like Germany, the UK, and France, along with other increasing production level, premium vehicle sales, are projected to boost the demand for market in coming years. North America dominated the global market and is projected to show its dominance on the global industry during the forecast period. In the global market Asia Pacific was the largest shareholder and generated more than half of the demand in overall global market in 2018 and is projected to its continue impact on the worldwide market during the forecast period.

Global Automotive Axle & Propeller Shaft Market Study Objective

1. To forecast the market size of the automotive axle & propeller shaft market in terms of quantity and income as well as market possibilities for shareholders, along with defining and identifying the market, in order to provide a competitive landscape for worldwide market players.

2. Automotive axle & propeller shaft market analysis and forecast based on region, substratum, and implementation or end-use industries. Profiling significant market players and comprehensively analyzing their market stocks and vital skills.

3. To evaluate and elaborate important variables that will have an important effect on edge analytics market growth, such as drivers, constraints, difficulties, and prospects.

4. Automotive axle & propeller shaft market regional assessment to stimulate the size of the market of five main worldwide areas, including Europe, North America, South America, Middle East & Africa, and The Asia Pacific.

5. Strategic assessment of micro markets in terms of individual prospects, possibilities, trends in development and general market participation.

6. To provide a detailed examination of competitive and strategic trends on the automotive axle & propeller shaft market such as a fresh product launch, partnership & contract, investment & development, and mergers & acquisitions of companies.

Key Players Landscape

The major players profiled in this report include American Axle & Manufacturing, Inc, ZF Friedrichshafen AG, Meritor, Inc., Dana Limited, SHOWA Corporation, IFA Rotorion, JTEKT Corporation, HYUNDAI DYMOS, GKN plc, Neapco Holdings LLC, CIE Automotive USA, Inc., Colfor Manufacturing, Inc., Dexter Axle Company, Fabco Automotive Corporation, NTK Precision Axle Corporation, Sypris Technologies, LLC, Westport Axle Corporation, and Magna International Inc.

Global Automotive Axle & Propeller Shaft Market Study Report Offer You!

The global market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.