Rear Axle Commodity Market Growth Set to Surge Significantly during 2020
View and Download TOC of Rear Axle Commodity Market Research Report@ https://www.transparencymarketresearch.com/report-toc/4255
Based on in-depth research, the report states that the global real axle market, which stood at US$35.8 bn in 2013, will reach US$45.9 bn in 2020. If the figures estimated in the report hold true, the market will exhibit a moderate yet positive CAGR of 3.7% during 2014-2020. Rear axle commodity affixed to a vehicle is crucial for its functioning, since it bears the entire weight of the vehicle, cargo, as well as passengers. Automotive axles also provide torque to wheels, apart from ensuring stability of the vehicle. Since real axles bear the maximum mechanical wear and tear, manufacturers strive to provide maximum safety, comfort, efficiency, and cost-effectiveness in their product offerings. Presently, manufacturers are focusing on developing more efficient yet lightweight rear axles with enhanced ratios and lesser power loss. This has led to the launch of improved rear axles with enhanced power, which in turn boosts the global market for rear axle commodity.
For the purpose of the study, the report segments the rear axle commodity market into lift axle, dead axle, and drive axle. Of these, the drive axle segment accounts for a majority share of the global real axle commodity market. In terms of application, the market is classified into economy vehicles, heavy vehicles, luxury vehicles, SUVs, MUVs, executive vehicles, and railways. Economy vehicles dominate the global rear axle commodity market at present. The use of rear axles is also very significant for railways, since it lends stability to the engine and wagons, particularly under difficult conditions.
Request and Download Sample Report@ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4255
Key regional segments of the global rear axle commodity market include North America, Asia Pacific, Europe, and Rest of the World. At present, Europe dominates the global market. However, the report cites that the automotive industry in North America and Europe has already reached maturity, hence the rear axle commodity market will not experience much gains from these markets. On the other hand, emerging markets in Asia Pacific exhibits impressive opportunities, making the region the fastest growing market for rear axle commodity. Robust development of the automotive industry in Asia Pacific is anticipated to boost the demand for rear axle commodity in the region.
To study the competitive landscape of the market, the report profiles some of the leading players in the market such as ROC Spicer Ltd., GNA Axles Ltd., American Axle & Manufacturing Holdings, Inc., Talbros Engineering Limited, Meritor, Inc., and Daimler Trucks North America LLC.
Buy Full Rear Axle Commodity Market Report@ https://www.transparencymarketresearch.com/checkout.php?rep_id=4255<ype=S
Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
US Office Contact
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Rear Axle Commodity Market Growth Set to Surge Significantly during 2020 here
News-ID: 746824 • Views: 115
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment
More Releases for Axle
Steer Axle Market Research Report 2018
This report studies the global Steer Axle market status and forecast, categorizes the global Steer Axle market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, China, Japan, South Korea, India and other regions (Southeast Asia, Central & South America, and Middle East & Africa) Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-steer-axle-2018-379 The major manufacturers covered in this report AAM Meritor DANA ZF PRESS
Automobile Rear Axle Assembly Market Report 2018: Segmentation by Product (Integ …
Global Automobile Rear Axle Assembly market research report provides company profile for ROC Spicer, Daimler Trucks North America, American Axle Manufacturing, Meritor, GNA Axles, Talbros Engineering and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025,
Global E-Axle Market 2018-2023
Mobility Foresights added new syndicated report titled “Global E-Axle Market 2018-2025” Key contents of the report include- • Market size and Forecast segmented by, Application (Passenger and Commercial Vehicles),(BEV and PHEV,),Power output(250hp),Geography(US, Europe, China, Asia Excluding China and Rest of the World) • Market Dynamics(Trends, Drivers and Challenges) • Market share and competitive landscape of e-axle manufacturers by application segment • 12 Company profiles Introduction As nearly every mobility segment will get some degree of electrification to cut down on
Automotive Axle Market Report 2018: Segmentation by Product (Front Axle, Rear Ax …
Global Automotive Axle market research report provides company profile for HANDE Axle, BENTELER, Sichuan Jianan, KOFCO, Gestamp, AAM, Meritor, DANA, ZF, PRESS KOGYO and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report
Choosing Tandem Trailers over Single Axle Trailer
When you face the decision to purchase a trailer, you may be disconcerted with all the types and options available on the market these days. Depending on your current and future needs, the difference between single and tandem trailers may be quite obvious. If you need to drag heavier load on any highway and weather conditions – a tandem axle trailer is the best choice for you. This type of trailer
Electric Axle Drive System Market 2017 -
Apex Research, recently published a detailed market research study focused on the "Electric Axle Drive System Market" across the global, regional and country level. The report provides 360° analysis of "Electric Axle Drive System Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Electric Axle Drive System industry, and estimates the future