Global Axle Shaft Market 2019 - Wanxiang, Showa, Lingyun, Guansheng, GNA Enterprises

An axle is a part of the transmission assembly of an automobile. The main purpose of an axle is to bear the weight of the vehicle and also maintain the position of wheels relative to each other and to the vehicle body. Axles can either be live-axles or non-driving axles. In an automobile, live axles help in transmitting the power from engine on to wheels via the drive shaft.
The global average price of Axle Shaft is in the decreasing trend, from 63.48 USD/Unit in 2011 to 61.43 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Axle Shaft includes Half Shaft, Propeller Shaft and Axle Shaft, and the proportion of Half Shaft in 2015 is about 76%.
Europe region is the largest supplier of Axle Shaft, with a production market share nearly 22% in 2015. China is the second largest supplier of Axle Shaft Media, enjoying production market share nearly 27% in 2015.

According to this study, over the next five years the Axle Shaft market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 16500 million by 2024, from US$ 14500 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Axle Shaft business.

Apex Market Reports, recently published a detailed market research study focused on the “Axle Shaft Market 2019” across the global, regional and country level. Axle Shaft Market Research Report highlights extensive market insights of the Axle Shaft industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Axle Shaft market for the forecast period. The study shares “Axle Shaft” performance both in terms of volume and revenue.

Key Manufacturers Analysis of This Report
GKN
NTN
SDS
Dana
Nexteer
Hyundai-Wia
IFA Rotorion
Meritor
AAM
Neapco
JTEKT
Yuandong
Wanxiang
Showa
Lingyun
Guansheng
GNA Enterprises
Fawer
Hengli
Danchuan
Lantong
Talbros Engineering
Dongfeng
Golden
Sinotruk

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The report exhibits Axle Shaft market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Axle Shaft production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Axle Shaft Market based on major product types, application and end users industries of Axle Shaft. Besides, the report also covers geographical segregation for Axle Shaft Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Propeller Shaft
Half Shaft
Axle Shaft

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Passenger Vehicle (Ex. SUV)
SUV & Truck
Commercial Vehicle (Ex. Truck)

The competitive landscape of the global market for Axle Shaft is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Axle Shaft Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Axle Shaft Market globally.

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The Global Axle Shaft Market 2019 is further emphasis on the basis of product pricing, Axle Shaft production volume, data pertaining to demand and Axle Shaft supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Axle Shaft along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Axle Shaft across the globe.

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