Press release
Global To Be At The Top Of Innovation In The Automotive Rear Axle Market
Automotive Rear Axle MarketThe rear axle is a prime component in the powertrain of an automotive vehicle and it is used in rear-wheel drive vehicles. It lies between the driving wheels and differential gear to transmit power from the differential gear to the driving wheels. The rear axle carries majority of the weight of the automotive vehicle and plays a major role in the power transmission from the engine to the driving wheel.It is also a prime source of power loss in the driveline and hence improvements in the rear axle may have a significant impact on the fuel efficiency of the vehicle. Deployment of a rear axle in an automobile depends on the gross weight of the vehicle. For instance, large heavy-duty vehicles weighing over 8,500 lb. are deployed with 2 rear axles.Rear axles are also used to add an extra wheel in an automobile for large weight hauling applications. As each tire in an automobile has a maximum load capacity (rating), thus vehicles used for hauling heavy weights may require an extra wheel. This extra wheel is added with the installation of an additional rear axle.
Get Going With Sample Of Automotive Rear Axle Market Report! https://www.persistencemarketresearch.com/toc/13180
Automotive Rear Axle Market: Drivers and Challenges
One of the major factors driving the growth of the rear axle market is increasing global automotive production. Global automotive production in 2014 improved 2.5% in comparison to 2013 and increased another 1% in 2015 to achieve 90.7 million units. Further, the increasing need for high capacity lifting applications is fueling demand for the rear axle market as the equipment is primarily installed in heavy duty vehicles. Moreover, logistics operations of heavy weight equipment such as electrical machines and new vehicles is expected to increase the adoption of rear axles in the near future.
The production process for a rear axle is dependent on the variant of rear axle and specific vehicle type. Hence, each type of variant demands individual planning efforts. Catering to customer demand and simultaneously maintaining competitive pricing is a key challenge faced by manufacturers.
OEMs forming strategic alliances with manufacturing equipment providers to cope with the demand from vehicle manufacturers is a major trend identified in the global automotive rear axle market.
How About Re-Inventing The Methodical Wheel In The Automotive Rear Axle Market? Switch Over To The "Methodology" Tab! https://www.persistencemarketresearch.com/methodology/13180
Automotive Rear Axle Market: Key Developments
Majority of developments in the automotive rear axle market are focused towards providing light weight product solutions, primarily to assist vehicle manufacturers to comply with latest fuel efficiency standards.
Automotive Rear Axle Market: Segmentation
Design type
Semi- floating
Three- quarter floating
Full-floating
Vehicle type
Passenger Vehicles
Commercial Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
SUV
Coaches & Buses
Off-Road Vehicles
Keeping A Tab On Key Players In The Automotive Rear Axle Market? Go To "Purchase Now" To Decipher The Competitive Analysis In Our Automotive Rear Axle Market Report! https://www.persistencemarketresearch.com/checkout/13180
Automotive Rear Axle Market: Overview
The global automotive rear axle market is expected to register a single-digit growth rate during the forecast period. In terms of market revenue and volume, Asia Pacific is expected to remain dominant during the forecast period since this region accounts for the largest share in terms of global automobile production. Western Europe and North America are also expected to register significant growth in the global automotive rear axle market, as automobile production is expected to grow in these regions as well.
Automotive Rear Axle Market: Key Players
Examples of some industry participants in the global automotive rear axle market are: American Axle & Manufacturing Inc., Seohan Auto Usa Corporation, Zf Chassis Systems Tuscaloosa LLC, Automotive Axles Limited, Guru Nanak Auto Enterprises Ltd. and Hefei Aam Automotive Driveline & Chassis System Co. Ltd.
Related Reports:
Electric Bikes Market
https://www.persistencemarketresearch.com/market-research/electric-bikes-market.asp
As per this exhaustive research report, the global electric bikes market is witnessing moderate growth and is projected to register a CAGR of 4.7% during the forecast period of 2017-2022.
Commercial Aircraft Market
https://www.persistencemarketresearch.com/market-research/commercial-aircraft-market.asp
The commercial aircraft market is projected to witness a modest CAGR of 4.1% for the period from 2017 to 2022.
Contact Us:
Address - 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. - +1-646-568-7751
USA-Canada Toll-free - +1 800-961-0353
Sales - sales@persistencemarketresearch.com
Website - https://www.persistencemarketresearch.com
About us:
Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers' experience by acting as the "missing" link between "customer relationships" and "business outcomes'. The best possible returns are assured therein.
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 Global To Be At The Top Of Innovation In The Automotive Rear Axle Market here
News-ID: 2628470 • Views: …
More Releases from Persistence Market Research

Fruit Ingredients Market to Reach US$ 111.3 Bn by 2032, Driven by Rising Health …
Overview of the Global Fruit Ingredients Market
The global fruit ingredients market is witnessing significant growth, driven by rising consumer demand for natural, clean-label, and nutrient-rich food products. In 2025, the market is likely to be valued at US$ 75.0 billion and is expected to reach US$ 111.3 billion by 2032, registering a robust CAGR of 5.8% during the forecast period. Fruit ingredients, which include fruit concentrates, purees, powders, and extracts,…

Vegan Dessert Market to Reach US$ 11.9 Bn by 2032, Driven by Rising Health & Pla …
Overview of the Market
The global vegan dessert market is poised for significant expansion, with an estimated valuation of US$ 5.2 billion in 2025, projected to reach US$ 11.9 billion by 2032. This robust growth reflects a compound annual growth rate (CAGR) of 11.7% during the forecast period from 2025 to 2032. Increasing consumer awareness about health, environmental sustainability, and ethical food consumption is driving the widespread adoption of vegan dessert…

Instant Beverage Premix Market to Reach US$148.3 Bn by 2032 Driven by Convenienc …
Overview of the Global Instant Beverage Premix Market
The global instant beverage premix market has witnessed remarkable growth over the past decade, driven by evolving consumer lifestyles and increasing demand for convenient, ready-to-consume beverages. Instant beverage premixes, encompassing products such as instant coffee, tea, flavored drinks, protein powders, and nutritional supplements, cater to busy consumers seeking quick preparation without compromising on taste or nutritional value. These premixes have gained popularity across…

Dermacosmetics Market to Reach US$ 87.3 Bn by 2032 at 7.4% CAGR: Persistence Mar …
The global dermacosmetics market, estimated at US$ 53 billion in 2025, is forecasted to witness a steady upward trajectory, expanding at a Compound Annual Growth Rate (CAGR) of 7.4% to reach US$ 87.3 billion by 2032. This surge is driven by a confluence of factors ranging from increasing consumer awareness and the rising incidence of skin conditions to a growing preference for advanced, dermatologist-backed skincare solutions. Dermacosmetics, a category that…
More Releases for Auto
Auto Leads: Revolutionizing Lead Generation for Auto Detailers
Auto Leads, a digital marketing company specializing in helping auto detailers grow their businesses, has quickly become a leader in lead generation for the industry. Founded by Austin Kennedy, a former auto detailer with three years of hands-on experience, Auto Leads offers a solution to help detailers attract high-quality customers, particularly for premium services like Ceramic Coating.
What Auto Leads Is
Auto Leads focuses on digital marketing solutions for auto detailing businesses,…
Winter Park Auto Repair: Cech Auto Unveils Auto Repair Financing, Expert Service …
Image: https://www.getnews.info/wp-content/uploads/2024/10/1730165920.png
Cech Auto announces the launch of flexible auto repair financing, offering Winter Park customers accessible payment solutions for essential vehicle maintenance and repairs.
A leading Winter Park auto repair [https://www.cechauto.com/] shop, Cech Auto unveils its new auto repair financing option, providing customers with flexible payment solutions for all repair services. With competitive financing plans available, Cech Auto makes essential vehicle maintenance and repairs more accessible, ensuring that customers can address…
Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide
Newsdesk, March 22, 2024 - Auto Locksmith America Revolutionizes Auto Locksmith Services Nationwide Employing state-of-the-art tools and technology, the company ensures a seamless, hassle-free experience for clients.
Auto Locksmith America, a prominent auto locksmith company headquartered in Mississippi, unveils its latest suite of services and enticing offers tailored to cater to a spectrum of auto locksmith needs. With nearly 14 years of steadfast service, the company stands as a beacon of…
Auto Chess Game Market | Auto Chess, Dota Auto Chess, Hearthstone, Honor Of King …
The global auto chess game market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the auto chess game market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth…
E-Commerce Automotive Aftermarket | (Flipkart, eBay, Auto Zone, Advance Auto Par …
The growing emergence of creative business models is one of the pivotal factors propelling e-commerce automotive aftermarket industry share. At present, the store, brokerage, and social commerce models have been intensely contributing toward the growth of online commerce. Taking into account the growing popularity of electronic commerce across the automotive sector, many giants in e-commerce automotive aftermarket have been making heavy investments to enhance their storage capacity by developing new…
Auto Driveaway Provides Reliable and Safe Auto Shipping Services
FOR IMMEDIATE RELEASE
Philadelphia, PA: Recently, Auto Driveaway has been awarded for being one of the most reliable and secure auto shipping companies in the country by renowned entities. The company has more than 40 offices across the country that helps to track and update every detail about the consignment. Every delivery is managed professionally resulting in scheduled delivery without providing any damage, dent or issues to the vehicle.
The company provides…