Press release
Axle Shaft Market Outlook 2021 - Nexteer, Hyundai-Wia, IFA Rotorion, Meritor, AAM, Neapco, JTEKT
In 2020, the global Axle Shaft market size was US$ 15460 million and it is expected to reach US$ 17350 million by the end of 2027, with a CAGR of 1.6% during 2021-2027.Global Axle Shaft Market Research Report published by market insight reports explores the recent outlook in global and key regions from the perspective of Major Players, Countries, Product Types, and end industries. This report studies top players in the global market and divides the Market into several parameters. This Axle Shaft Market research report identifies the competitive landscape of industries to understand the competition at the International level. This report study describes the anticipated growth of the global market for approaching years from 2021 to 2027. This research report has been aggregated based on static and dynamic aspects of the businesses.
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Market Overview:
The major players in global Axle Shaft market include GKN, NTN, SDS, etc. The top 3 players occupy about 45% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. Half Shaft is the main type, with a share about 75%. Passenger Vehicle (Ex. SUV) is the main application, which holds a share about 60%.
Industry News:
Dana Inc. Moves to Acquire Driveline Division of GKN
Dana Inc. announced its signature of definitive agreements to combine with the driveline division of United Kingdom-based GKN plc to create Dana Plc, a global driveline systems company.
(Source: - ttnews.com)
The prominent players in the Global Axle Shaft Market:
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, and Others.
This report segments the Global Axle Shaft Market based on Types are:
Propeller Shaft
Half Shaft
Axle Shaft
Based on Application, the Global Axle Shaft Market is segmented into:
Passenger Vehicle (Ex. SUV)
SUV & Truck
Commercial Vehicle (Ex. Truck)
Global Axle Shaft market size & share, by regions and countries/sub-regions:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
- Rest of the world
(Exclusive Offer: Flat 25% discount on this report) Inquire for Discount
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Significant Features that are under Offering and Key Highlights of the Reports:
– Detailed overview of Axle Shaft Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application, etc.
– Historical, current, and projected market size in terms of volume and value
– Recent industry trends and developments
– Competitive landscape of Axle Shaft Market
– Strategies of key players and product offerings
– Potential and niche segments/regions exhibiting promising growth
Major Highlights of TOC
Chapter 1: Report Overview
Chapter 2: Global Growth Trends
Chapter 3: Competition Landscape by Key Players
Chapter 4: Industry Analysis by Regions
Chapter 5: Industry Analysis by Type
Chapter 6: Industry Analysis by Applications
Chapter 7: Key Companies Profiled
Chapter 8: Industry Manufacturers Cost Analysis
Chapter 9: Marketing Channel, Distributors, and Customers
Chapter 10: Market Dynamics
Chapter 11: Industry Forecast
Chapter 12: Research Findings and Conclusion
Chapter 13: Methodology and Data Source
The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the report an invaluable resource for industry executives, marketing, sales, and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Finally, the Axle Shaft market report offers a complete and detailed study of the global Axle Shaft market by using numerous analytical tools and models such as SWOT analysis, investment return analysis, and porter’s five forces analysis which are useful for beginners to access the upcoming opportunities. After exploring the market insights through primary and secondary research methodologies, if anything is required except this, market insight reports will provide customization as per specific demands.
The report has 150+ tables and figures browse the full report description and TOC:
https://www.marketinsightsreports.com/reports/07203088846/global-axle-shaft-market-size-manufacturers-supply-chain-sales-channel-and-clients-2021-2027?Mode=T18
Customization of the Report: This report will be customized as per your needs for extra data up to 3 companies or 3 countries or nearly 40 analyst hours.
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides US and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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