Global Automotive Axle & Propeller Shaft Market to Register 8.3% CAGR During 2019-2024

Global Automotive Axle & Propeller Shaft Market size will grow from USD 45.97 Billion in 2017 to USD 68.23 Billion by 2023, at an estimated CAGR of 8.3%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.

Growing global vehicle production and commercialization of new technologies towards light weighting overall vehicle are expected to drive the axle and propeller shaft market.

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By Market Players:
Meritor, Inc., ZF Friedrichshafen AG, American Axle & Manufacturing Holdings, Inc., Dana Incorporated, GKN PLC, Showa Corporation, Hyundai Wia Corporation, Gestamp, Jtekt Corporation, IFA Rotorion - Holding GmbH, RSB Group

By Product Type:
Live, Dead, Tandem Axle

By Application:
Front, Rear, Inter-Axle Propeller Shaft

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