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.
The global Automotive Axle market is valued at 25500 million US$ in 2017 and will reach 31300 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2018-2025.
The major players covered in this report
Shandong Heavy Industry
IJT Technology Holdings
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering
We can also provide the customized separate regional or country-level reports, for the following regions:
Rest of Asia-Pacific
Rest of Europe
Central & South America
Rest of South America
Middle East & Africa
Rest of Middle East & Africa
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including
The study objectives of this report are:
To analyze and study the global Automotive Axle sales, value, status (2013-2017) and forecast (2018-2025);
To analyze the top players in North America, Europe, China, Japan, Southeast Asia and India, to study the sales, value and market share of top players in these regions.
Focuses on the key Automotive Axle players, to study the sales, value, market share and development plans in future.
Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
To define, describe and forecast the market by type, application and region.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends and factors driving or inhibiting the market growth.
To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
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
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of Automotive Axle are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Automotive Axle Manufacturers
Automotive Axle Distributors/Traders/Wholesalers
Automotive Axle Subcomponent Manufacturers
With the given market data, QYResearch offers customizations according to the company's specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Automotive Axle market, by end-use.
Detailed analysis and profiles of additional market players.