Global Trailer Axle Market Growth 2019-2024

This report studies the Trailer 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. Sometimes, especially on bicycles, the latter type axle is referred to as a spindle.
In the last several years, global market of trailer axle developed stably, with an average growth rate of 7.91%. In 2016, global revenue of trailer axle is nearly 1133.01 M USD; the actual production is about 5546.7 K Units.

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The global average price of trailer axle is in the decreasing trend, from 224.9 USD/Unit in 2012 to 204.3 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
USA region is the largest supplier of trailer axle, with a production market share about 31.99% in 2016. EU is the second largest supplier of trailer axle, enjoying production market share nearly 31.81% in 2016.

According to this study, over the next five years the Trailer Axle market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 1650 million by 2024, from US$ 1200 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Trailer Axle business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Trailer Axle market by product type, application, key manufacturers and key regions and countries.

This study considers the Trailer Axle value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Capacity: Lower than 8,000 lbs
Capacity: 8,000-15,000 lbs
Capacity: 15,000-25,000 lbs
Capacity: More Than 25,000 lbs
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
For Light Weight Trailers (Smaller than semi-truck trailers)
For Medium Weight Trailers
For Heavy Trailers (Larger than 10,000 lbs)

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
DexKo
Meritor
BPW Group
Fuwa-K-Hitch
JOST Axle Systems
SAF-HOLLAND
Hendrickson
Shandong Huayue
TND Trailer Axle

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Trailer Axle consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Trailer Axle market by identifying its various subsegments.
Focuses on the key global Trailer Axle manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Trailer Axle with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Trailer Axle submarkets, with respect to key regions (along with their respective key countries).
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.

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