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Feb 03, 2021 (The Expresswire) —
Global “Automotive Axle Market“ size is expected to reach USD 32310 million by 2026, from USD 27700 million in 2020, at a CAGR of 2.6% During 2020-2026, 360 Research Reports provides Key analysis on the global market in a report, titled “Automotive Axle Market by Types (Front Axle, Rear Axle), Applications (Commercial Vehicle, Passenger Cars) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 137 Pages and in-depth TOC on Automotive Axle Market.
COVID-19 can affect the global economy in three main ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on firms and financial markets.
Final Report will add the analysis of the impact of COVID-19 on this industry.
The report includes thorough compilation of the quantitative analysis of the industry for the period of 10 years in order to assist players to grow in the market. Insights on specific revenue figures generated are also given in the report, along with projected revenue at the end of the forecast period. This study includes a widespread analysis of the key segments of the industry. This analysis sheds light in the current trends and opportunities in the Automotive Axle Market.
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The research covers the current Automotive Axle market size of the market and its growth rates based on 6-year records with company outline of Key players/manufacturers:
● 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
Short Description About Automotive Axle Market:
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.
Scope Of the Automotive Axle Market:
The global Automotive Axle market size is projected to reach USD 32310 million by 2026, from USD 27700 million in 2020, at a CAGR of 2.6% during 2021-2026.
Global Automotive Axle Market Segment
The global Automotive Axle market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Axle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.
The major regions covered in the report are North America, Europe, Asia-Pacific, South America, Middle East and Africa, etc. The report has specifically covered major countries including U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc. It includes revenue and volume analysis of each region and their respective countries for the forecast years. It also contains country-wise volume and revenue from the year 2015 to 2020. Additionally, it provides the reader with accurate data on volume sales according to the consumption for the same years.
Report further studies the market development status and future Automotive Axle Market trend across the world. Also, it splits Automotive Axle market Segmentation by Type and by Applications to fully and deeply research and reveal market profile and prospects.
Major Classifications are as follows:
● Front Axle ● Rear Axle
Major Applications are as follows:
● Commercial Vehicle ● Passenger Cars
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Automotive Axle in these regions, from 2015 to 2026, covering
● North America (United States, Canada and Mexico) ● Europe (Germany, UK, France, Italy, Russia and Turkey etc.) ● Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam) ● South America (Brazil, Argentina, Columbia etc.) ● Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
This Automotive Axle Market Research/Analysis Report Contains Answers to your following Questions
● Which Manufacturing Technology is used for Automotive Axle? What Developments Are Going On in That Technology? Which Trends Are Causing These Developments? ● Who Are the Global Key Players in This Automotive Axle Market? What are Their Company Profile, Their Product Information, and Contact Information? ● What Was Global Market Status of Automotive Axle Market? What Was Capacity, Production Value, Cost and PROFIT of Automotive Axle Market? ● What Is Current Market Status of Automotive Axle Industry? What’s Market Competition in This Industry, Both Company, and Country Wise? What’s Market Analysis of Automotive Axle Market by Taking Applications and Types in Consideration? ● What Are Projections of Global Automotive Axle Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export? ● What Is Automotive Axle Market Chain Analysis by Upstream Raw Materials and Downstream Industry? ● What Is Economic Impact On Automotive Axle Industry? What are Global Macroeconomic Environment Analysis Results? What Are Global Macroeconomic Environment Development Trends? ● What Are Market Dynamics of Automotive Axle Market? What Are Challenges and Opportunities? ● What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Automotive Axle Industry?
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Major Points from Table of Contents:
Global Automotive Axle Market Research Report 2020-2026, by Manufacturers, Regions, Types and Applications
1 Study Coverage
1.1 Automotive Axle Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Automotive Axle Market Size Growth Rate by Type
1.5 Market by Application
1.5.1 Global Automotive Axle Market Size Growth Rate by Application
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global Automotive Axle Production
2.1.1 Global Automotive Axle Revenue 2015-2026
2.1.2 Global Automotive Axle Production 2015-2026
2.1.3 Global Automotive Axle Capacity 2015-2026
2.1.4 Global Automotive Axle Marketing Pricing and Trends
2.2 Automotive Axle Growth Rate (CAGR) 2020-2026
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key Automotive Axle Manufacturers
2.4 Market Drivers, Trends and Issues
2.5 Macroscopic Indicator
2.5.1 GDP for Major Regions
2.5.2 Price of Raw Materials in Dollars: Evolution
3 Market Size by Manufacturers
3.1 Automotive Axle Production by Manufacturers
3.1.1 Automotive Axle Production by Manufacturers
3.1.2 Automotive Axle Production Market Share by Manufacturers
3.2 Automotive Axle Revenue by Manufacturers
3.2.1 Automotive Axle Revenue by Manufacturers (2015-2020)
3.2.2 Automotive Axle Revenue Share by Manufacturers (2015-2020)
3.3 Automotive Axle Price by Manufacturers
3.4 Mergers and Acquisitions, Expansion Plans
4 Automotive Axle Production by Regions
4.1 Global Automotive Axle Production by Regions
4.1.1 Global Automotive Axle Production Market Share by Regions
4.1.2 Global Automotive Axle Revenue Market Share by Regions
4.2 United States
4.2.1 United States Automotive Axle Production
4.2.2 United States Automotive Axle Revenue
4.2.3 Key Players in United States
4.2.4 United States Automotive Axle Import and Export
4.3.1 Europe Automotive Axle Production
4.3.2 Europe Automotive Axle Revenue
4.3.3 Key Players in Europe
4.3.4 Europe Automotive Axle Import and Export
4.4.1 China Automotive Axle Production
4.4.2 China Automotive Axle Revenue
4.4.3 Key Players in China
4.4.4 China Automotive Axle Import and Export
4.5.1 Japan Automotive Axle Production
4.5.2 Japan Automotive Axle Revenue
4.5.3 Key Players in Japan
4.5.4 Japan Automotive Axle Import and Export
4.6 Other Regions
4.6.1 South Korea
4.6.3 Southeast Asia
5 Automotive Axle Consumption by Regions
5.1 Global Automotive Axle Consumption by Regions
5.1.1 Global Automotive Axle Consumption by Regions
5.1.2 Global Automotive Axle Consumption Market Share by Regions
5.2 North America
5.2.1 North America Automotive Axle Consumption by Application
5.2.2 North America Automotive Axle Consumption by Countries
5.2.3 United States
5.3.1 Europe Automotive Axle Consumption by Application
5.3.2 Europe Automotive Axle Consumption by Countries
5.4 Asia Pacific
5.4.1 Asia Pacific Automotive Axle Consumption by Application
5.4.2 Asia Pacific Automotive Axle Consumption by Countries
5.4.5 South Korea
5.5 Central and South America
5.5.1 Central and South America Automotive Axle Consumption by Application
5.5.2 Central and South America Automotive Axle Consumption by Countries
5.6 Middle East and Africa
5.6.1 Middle East and Africa Automotive Axle Consumption by Application
5.6.2 Middle East and Africa Automotive Axle Consumption by Countries
5.6.4 GCC Countries
5.6.6 South Africa
6 Market Size by Type
6.1 Global Automotive Axle Breakdown Dada by Type
6.2 Global Automotive Axle Revenue by Type
6.3 Automotive Axle Price by Type
7 Market Size by Application
7.2 Global Automotive Axle Breakdown Dada by Application
7.2.1 Global Automotive Axle Consumption by Application
7.2.2 Global Automotive Axle Consumption Market Share by Application (2015-2020)
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