Press release
Wheel Axle Market Top Companies Analysis to Grow Your Business by 2029 | ZF Friedrichshafen AG, Dana Incorporated, American Axle and Manufacturing Holdings
"Multiplying growth in automotive production will continue to bolster growth for the wheel axle market. Market players are adopting strategic partnerships and mergers & acquisitions to garner profits," says the Fact.MR Analyst.
Wheel Axle Market - Key Takeaways
Adoption by rail industry will grow at a steady CAGR through 2029.
Market in North America and Asia Pacific will grow at a healthy pace throughout projection period.
East Asia holds over 41% share in the total market revenue on the back of rising automotive demand particularly in China, Japan, and South Korea.
Request for Sample Report with Statistical Info @ https://www.factmr.com/connectus/sample?flag=S&rep_id=4559
Wheel Axle Market - Key Driving Factors
Privatization of train transport in developing economies will generate continuous demand during the forecast.
Increasing disposable income of millennial consumers will drive the sales of light and medium duty vehicles and wheel axles for the same.
Stringent regulations to curb carbon emission from automotive verticals such as commercial vehicles, passenger vehicles, and railways will propel the demand for fuel efficient wheel axles.
Wheel Axle Market- Key Constraint
Uncertainty of raw material prices continues to pose a challenge for wheel axle manufacturers and end users in automotive industry verticals.
Explore the complete wheel axle market report with detailed market segmentation, 95 illustrative figures, and 84 data tables at - https://www.factmr.com/connectus/sample?flag=RM&rep_id=4559
Competitive Landscape
The competition in the wheel axle market is fairly fragmented, with major players proactively pursuing consolidation strategies. Research and development of fuel efficient wheel axle manufacturing will provide competitive advantage during the forecast period. Wheel axle manufacturers that may shape the competitive landscape are, but not limited to, Automotive Axles Ltd, Meritor, Rockwell American, GNA Axles Ltd, Daimler Trucks North America and ROC Spicer Ltd.
About the Report
This 170-page study offers readers a comprehensive market forecast of the wheel axle market. Global, regional and country level analysis of the latest industry trends impacting the wheel axle market are covered in this Fact.MR study. The report offers compelling insights on wheel axle market on the basis of end-use (vehicle (passenger car, LCV, and HCV), and Rail), drive type (below 300 Nm, 300-600 Nm, 600-900 Nm, 900-1200 Nm, 1200-1500 Nm, and above 1500 Nm), and across six regions (Middle East and Africa, South Asia & Oceania, East Asia, Europe, Latin America, North America).
Press Release: https://www.factmr.com/media-release/1338/global-wheel-axle-market
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. We are headquartered in Dubai, and operate from our sales office in Dublin, Ireland. Reach out to us with your goals, and we’ll be an able research partner.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Wheel Axle Market Top Companies Analysis to Grow Your Business by 2029 | ZF Friedrichshafen AG, Dana Incorporated, American Axle and Manufacturing Holdings here
News-ID: 2266214 • Views: …
More Releases from Fact.MR
Well Intervention Market is Predicted to Reach US$ 17.1 Billion by 2035, Expandi …
The global well intervention market is projected to increase from USD 8.7 billion in 2025 to USD 17.1 billion by 2035, with a compound annual growth rate (CAGR) of 7.0% during the forecast period. Growth is driven by the growing need for energy, along with aging oil and gas wells. Offshore rig operators are stepping up their game by investing in both light and heavy intervention services to enhance efficiency…
Assembly Robot Market Size Worth US$ 54,915.6 Million by 2035 at a CAGR Of 11.6% …
The global assembly robot market is projected to rise from USD 18,325.4 million in 2025 to USD 54,915.6 million by 2035, reflecting a robust compound annual growth rate (CAGR) of 11.6% during the forecast period. This growth is fueled by advancements in artificial intelligence, machine learning, and 5G technology, which enhance robots' precision, efficiency, and safety, particularly in collaborative operations alongside human workers.
These innovations allow assembly robots to execute complex…
Zonal Isolation Packers Market is Predicted to Reach US$ 4.6 Billion by 2035, Ex …
The global zonal isolation packers market is projected to increase from USD 2.8 billion by 2025 to USD 4.6 billion by 2035, with a CAGR of 5.1% during the forecast period. Growth is driven by rising focus on well integrity during drilling and production, which has accelerated the use of mechanical and swellable packers.
Operators are adopting zonal isolation systems to prevent cross-zone fluid migration and ensure long-term performance. The rise…
Lithium-Ion Battery Pack Market Size Expected to Reach US$ 92.8 Billion by 2035: …
The global lithium-ion (Li-ion) battery pack market is poised for significant growth, with projections indicating an increase from USD 66.4 billion in 2025 to USD 92.8 billion by 2035, reflecting a compound annual growth rate (CAGR) of 3.4% during the forecast period.
This expansion is largely driven by the rising adoption of electric vehicles (EVs), advances in renewable energy storage solutions, and ongoing innovations in battery technology.
For More Insights into the…
More Releases for Axle
Rising Electric Vehicle Adoption Fuels Growth In Rear Electric Axle (E-Axle) Mar …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Rear Electric Axle (E-Axle) Market Size By 2025?
In recent years, the market size for the rear electric axle (E-Axle) has seen an overwhelming surge. The market that was valued at $47.24 billion in 2024 is predicted to rise to a whopping $57.79 billion in…
Key Influencer in the Rear Electric Axle (E-Axle) Market 2025: Rising Electric V …
What Is the Forecasted Market Size and Growth Rate for the Rear Electric Axle (E-Axle) Market?
Recent years have seen the market size for the rear electric axle (E-Axle) surge tremendously. Its growth is projected to escalate from $47.24 $ billion in 2024 to $57.79 $ billion in 2025, with a compound annual growth rate (CAGR) of 22.3%. Several factors have contributed to this growth in the historic era including the…
Trailer Axle Market Reliable and Efficient Axle Systems for Trailers | Hendricks …
Trailer Axle Market 2023 Forecast: Unveiling Opportunities and Growth
Global "Trailer Axle Market" is an exploration report with meticulous efforts undertaken to study the right and valuable information. The data which has been looked upon is done considering both, the existing top players and the upcoming competitors. These bits of knowledge offered in the Trailer Axle Market report would benefit request players to define systems for the future and gain a…
Automotive Axle & Propeller Shaft Market : Live Axle, Dead Axle, Tandem Axle, Si …
The automotive axle & propeller shaft market was valued at $29.3 billion in 2020, and is estimated to reach $45.3 billion by 2030, growing at a CAGR of 4.6% from 2021 to 2030.
Asia-Pacific is expected to dominate the automotive axle & propeller shaft market owing to increase in demand for passenger vehicles from China, Japan, and India. In January 2021, vehicle sales in China experienced rise of 29.5% as compared…
Driving Axle Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by …
With the increasing commercialization of new technologies for reducing the overall vehicle weight as well as boosting automotive production to meet the growing living standard of the populations are the primary factor anticipated to bolster the driving axle market in the forecast period. Furthermore, the growing requirement of long trailers and heavy commercial vehicles, particularly in North America and Europe, is anticipated to increase the driving axle market.
Download Sample Copy…
Growing Trends in Truck Axle Market 2019 by Types like Variable Truck Axle, Adju …
Global Truck Axle Market report includes the estimation of market size by value (million USD) and volume (K Units) along with top-down and bottom-up approaches have been used to examine and validate the market size of Truck Axle market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares splits, and breakdowns have been…
