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Rear axles ensures the function of steering, driving and braking of the vehicles. Additionally rear axle, lies between the driving wheels and the differential gear and transmit power from the differential to the driving wheels.
According to our (Global Info Research) latest study, the global Rear Axle Commodity market size was valued at USD 38340 million in 2022 and is forecast to a readjusted size of USD 44070 million by 2029 with a CAGR of 2.0% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Increasing need for fuel efficient vehicles along with light weight automotive parts are the factors driving the growth of the rear axles commodity market. However, hike in fuel prices, expensive vehicle cost and inflation in various countries is likely to affect the sales of the rear axle commodity market. On the other hand, the suppliers are working together with the automobile manufacturers to develop improved and efficient products. Furthermore, the demand for passenger vehicles is expected to provide several growth opportunities for the key players in the rear axle's commodity market. In addition, need for compliance with various emissions norms, changing consumer demand along with safety comfort and security needs are enhancing the demand for the rear axle's commodity market over the years to come.
This report is a detailed and comprehensive analysis for global Rear Axle Commodity market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Rear Axle Commodity market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Rear Axle Commodity market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Rear Axle Commodity market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Rear Axle Commodity market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Rear Axle Commodity
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Rear Axle Commodity market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Meritor, American Axle Manufacturing, DANA, ZF and PRESS KOGYO, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Rear Axle Commodity market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Lift Axle
- Dead Axle
- Drive Axle
Market segment by Application
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Major players covered
- Meritor
- American Axle Manufacturing
- DANA
- ZF
- PRESS KOGYO
- HANDE Axle
- BENTELER
- Sichuan Jian'an
- KOFCO
- Gestamp
- Shandong Heavy Industry
- Hyundai
- Magneti Marelli
- SINOTRUK
- SAF-HOLLAND
- SG Automotive
- IJT Technology
- ROCKWELL
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Rear Axle Commodity product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Rear Axle Commodity, with price, sales, revenue and global market share of Rear Axle Commodity from 2018 to 2023.
Chapter 3, the Rear Axle Commodity competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Rear Axle Commodity breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Rear Axle Commodity market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Rear Axle Commodity.
Chapter 14 and 15, to describe Rear Axle Commodity sales channel, distributors, customers, research findings and conclusion.