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Axle Shaft-Global Market Insights and Sales Trends 2025

Axle Shaft-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1827299

No of Pages : 128

Synopsis
An axle is a part of the transmission assembly of an automobile. The main purpose of an axle is to bear the weight of the vehicle and also maintain the position of wheels relative to each other and to the vehicle body. Axles can either be live-axles or non-driving axles. In an automobile, live axles help in transmitting the power from engine on to wheels via the drive shaft.

The global Axle Shaft market size is expected to reach US$ 17650 million by 2029, growing at a CAGR of 1.6% from 2023 to 2029. The market is mainly driven by the significant applications of Axle Shaft in various end use industries. The expanding demands from the Passenger Vehicle (Ex. SUV), SUV & Truck and Commercial Vehicle (Ex. Truck),, are propelling Axle Shaft market. Propeller Shaft, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Half Shaft segment is estimated at % CAGR for the next seven-year period.

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%.

Report Objectives

This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Axle Shaft, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.

Key Features of The Study:

This report provides in-depth analysis of the global Axle Shaft market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.

This report profiles key players in the global Axle Shaft market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Axle Shaft sales data, market share and ranking.

This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.

This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.

Key companies of Axle Shaft covered in this report include GKN, NTN, SDS, Dana, Nexteer, Hyundai-Wia, IFA Rotorion, Meritor and AAM, etc.

The global Axle Shaft market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.

Market Segmentation

Company Profiles:

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

Global Axle Shaft market, by region:

North America (U.S., Canada, Mexico)

Europe (Germany, France, UK, Italy, etc.)

Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)

South America (Brazil, etc.)

Middle East and Africa (Turkey, GCC Countries, Africa, etc.)

Global Axle Shaft market, Segment by Type:

Propeller Shaft

Half Shaft

Axle Shaft

Global Axle Shaft market, by Application

Passenger Vehicle (Ex. SUV)

SUV & Truck

Commercial Vehicle (Ex. Truck)

Core Chapters

Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Two: Detailed analysis of Axle Shaft manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter Three: Sales, revenue of Axle Shaft in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter Twelve: Analysis of sales channel, distributors and customers.

Chapter Thirteen: Research Findings and Conclusion.
Index
1 Axle Shaft Market Overview

1.1 Axle Shaft Product Overview

1.2 Axle Shaft Market Segment by Type

1.2.1 Propeller Shaft

1.2.2 Half Shaft

1.2.3 Axle Shaft

1.3 Global Axle Shaft Market Size by Type

1.3.1 Global Axle Shaft Market Size Overview by Type (2018-2029)

1.3.2 Global Axle Shaft Historic Market Size Review by Type (2018-2023)

1.3.3 Global Axle Shaft Forecasted Market Size by Type (2024-2029)

1.4 Key Regions Market Size Segment by Type

1.4.1 North America Axle Shaft Sales Breakdown by Type (2018-2023)

1.4.2 Europe Axle Shaft Sales Breakdown by Type (2018-2023)

1.4.3 Asia-Pacific Axle Shaft Sales Breakdown by Type (2018-2023)

1.4.4 Latin America Axle Shaft Sales Breakdown by Type (2018-2023)

1.4.5 Middle East and Africa Axle Shaft Sales Breakdown by Type (2018-2023)

2 Global Axle Shaft Market Competition by Company

2.1 Global Top Players by Axle Shaft Sales (2018-2023)

2.2 Global Top Players by Axle Shaft Revenue (2018-2023)

2.3 Global Top Players by Axle Shaft Price (2018-2023)

2.4 Global Top Manufacturers Axle Shaft Manufacturing Base Distribution, Sales Area, Product Type

2.5 Axle Shaft Market Competitive Situation and Trends

2.5.1 Axle Shaft Market Concentration Rate (2018-2023)

2.5.2 Global 5 and 10 Largest Manufacturers by Axle Shaft Sales and Revenue in 2022

2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Axle Shaft as of 2022)

2.7 Date of Key Manufacturers Enter into Axle Shaft Market

2.8 Key Manufacturers Axle Shaft Product Offered

2.9 Mergers & Acquisitions, Expansion

3 Axle Shaft Status and Outlook by Region

3.1 Global Axle Shaft Market Size and CAGR by Region: 2018 VS 2022 VS 2029

3.2 Global Axle Shaft Historic Market Size by Region

3.2.1 Global Axle Shaft Sales in Volume by Region (2018-2023)

3.2.2 Global Axle Shaft Sales in Value by Region (2018-2023)

3.2.3 Global Axle Shaft Sales (Volume & Value) Price and Gross Margin (2018-2023)

3.3 Global Axle Shaft Forecasted Market Size by Region

3.3.1 Global Axle Shaft Sales in Volume by Region (2024-2029)

3.3.2 Global Axle Shaft Sales in Value by Region (2024-2029)

3.3.3 Global Axle Shaft Sales (Volume & Value), Price and Gross Margin (2024-2029)

4 Global Axle Shaft by Application

4.1 Axle Shaft Market Segment by Application

4.1.1 Passenger Vehicle (Ex. SUV)

4.1.2 SUV & Truck

4.1.3 Commercial Vehicle (Ex. Truck)

4.2 Global Axle Shaft Market Size by Application

4.2.1 Global Axle Shaft Market Size Overview by Application (2018-2029)

4.2.2 Global Axle Shaft Historic Market Size Review by Application (2018-2023)

4.2.3 Global Axle Shaft Forecasted Market Size by Application (2024-2029)

4.3 Key Regions Market Size Segment by Application

4.3.1 North America Axle Shaft Sales Breakdown by Application (2018-2023)

4.3.2 Europe Axle Shaft Sales Breakdown by Application (2018-2023)

4.3.3 Asia-Pacific Axle Shaft Sales Breakdown by Application (2018-2023)

4.3.4 Latin America Axle Shaft Sales Breakdown by Application (2018-2023)

4.3.5 Middle East and Africa Axle Shaft Sales Breakdown by Application (2018-2023)

5 North America Axle Shaft by Country

5.1 North America Axle Shaft Historic Market Size by Country

5.1.1 North America Axle Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

5.1.2 North America Axle Shaft Sales in Volume by Country (2018-2023)

5.1.3 North America Axle Shaft Sales in Value by Country (2018-2023)

5.2 North America Axle Shaft Forecasted Market Size by Country

5.2.1 North America Axle Shaft Sales in Volume by Country (2024-2029)

5.2.2 North America Axle Shaft Sales in Value by Country (2024-2029)

6 Europe Axle Shaft by Country

6.1 Europe Axle Shaft Historic Market Size by Country

6.1.1 Europe Axle Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

6.1.2 Europe Axle Shaft Sales in Volume by Country (2018-2023)

6.1.3 Europe Axle Shaft Sales in Value by Country (2018-2023)

6.2 Europe Axle Shaft Forecasted Market Size by Country

6.2.1 Europe Axle Shaft Sales in Volume by Country (2024-2029)

6.2.2 Europe Axle Shaft Sales in Value by Country (2024-2029)

7 Asia-Pacific Axle Shaft by Region

7.1 Asia-Pacific Axle Shaft Historic Market Size by Region

7.1.1 Asia-Pacific Axle Shaft Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029

7.1.2 Asia-Pacific Axle Shaft Sales in Volume by Region (2018-2023)

7.1.3 Asia-Pacific Axle Shaft Sales in Value by Region (2018-2023)

7.2 Asia-Pacific Axle Shaft Forecasted Market Size by Region

7.2.1 Asia-Pacific Axle Shaft Sales in Volume by Region (2024-2029)

7.2.2 Asia-Pacific Axle Shaft Sales in Value by Region (2024-2029)

8 Latin America Axle Shaft by Country

8.1 Latin America Axle Shaft Historic Market Size by Country

8.1.1 Latin America Axle Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

8.1.2 Latin America Axle Shaft Sales in Volume by Country (2018-2023)

8.1.3 Latin America Axle Shaft Sales in Value by Country (2018-2023)

8.2 Latin America Axle Shaft Forecasted Market Size by Country

8.2.1 Latin America Axle Shaft Sales in Volume by Country (2024-2029)

8.2.2 Latin America Axle Shaft Sales in Value by Country (2024-2029)

9 Middle East and Africa Axle Shaft by Country

9.1 Middle East and Africa Axle Shaft Historic Market Size by Country

9.1.1 Middle East and Africa Axle Shaft Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029

9.1.2 Middle East and Africa Axle Shaft Sales in Volume by Country (2018-2023)

9.1.3 Middle East and Africa Axle Shaft Sales in Value by Country (2018-2023)

9.2 Middle East and Africa Axle Shaft Forecasted Market Size by Country

9.2.1 Middle East and Africa Axle Shaft Sales in Volume by Country (2024-2029)

9.2.2 Middle East and Africa Axle Shaft Sales in Value by Country (2024-2029)

10 Company Profiles

10.1 GKN

10.1.1 GKN Company Information

10.1.2 GKN Introduction and Business Overview

10.1.3 GKN Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.1.4 GKN Axle Shaft Products Offered

10.1.5 GKN Recent Development

10.2 NTN

10.2.1 NTN Company Information

10.2.2 NTN Introduction and Business Overview

10.2.3 NTN Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.2.4 NTN Axle Shaft Products Offered

10.2.5 NTN Recent Development

10.3 SDS

10.3.1 SDS Company Information

10.3.2 SDS Introduction and Business Overview

10.3.3 SDS Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.3.4 SDS Axle Shaft Products Offered

10.3.5 SDS Recent Development

10.4 Dana

10.4.1 Dana Company Information

10.4.2 Dana Introduction and Business Overview

10.4.3 Dana Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.4.4 Dana Axle Shaft Products Offered

10.4.5 Dana Recent Development

10.5 Nexteer

10.5.1 Nexteer Company Information

10.5.2 Nexteer Introduction and Business Overview

10.5.3 Nexteer Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.5.4 Nexteer Axle Shaft Products Offered

10.5.5 Nexteer Recent Development

10.6 Hyundai-Wia

10.6.1 Hyundai-Wia Company Information

10.6.2 Hyundai-Wia Introduction and Business Overview

10.6.3 Hyundai-Wia Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.6.4 Hyundai-Wia Axle Shaft Products Offered

10.6.5 Hyundai-Wia Recent Development

10.7 IFA Rotorion

10.7.1 IFA Rotorion Company Information

10.7.2 IFA Rotorion Introduction and Business Overview

10.7.3 IFA Rotorion Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.7.4 IFA Rotorion Axle Shaft Products Offered

10.7.5 IFA Rotorion Recent Development

10.8 Meritor

10.8.1 Meritor Company Information

10.8.2 Meritor Introduction and Business Overview

10.8.3 Meritor Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.8.4 Meritor Axle Shaft Products Offered

10.8.5 Meritor Recent Development

10.9 AAM

10.9.1 AAM Company Information

10.9.2 AAM Introduction and Business Overview

10.9.3 AAM Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.9.4 AAM Axle Shaft Products Offered

10.9.5 AAM Recent Development

10.10 Neapco

10.10.1 Neapco Company Information

10.10.2 Neapco Introduction and Business Overview

10.10.3 Neapco Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.10.4 Neapco Axle Shaft Products Offered

10.10.5 Neapco Recent Development

10.11 JTEKT

10.11.1 JTEKT Company Information

10.11.2 JTEKT Introduction and Business Overview

10.11.3 JTEKT Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.11.4 JTEKT Axle Shaft Products Offered

10.11.5 JTEKT Recent Development

10.12 Yuandong

10.12.1 Yuandong Company Information

10.12.2 Yuandong Introduction and Business Overview

10.12.3 Yuandong Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.12.4 Yuandong Axle Shaft Products Offered

10.12.5 Yuandong Recent Development

10.13 Wanxiang

10.13.1 Wanxiang Company Information

10.13.2 Wanxiang Introduction and Business Overview

10.13.3 Wanxiang Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.13.4 Wanxiang Axle Shaft Products Offered

10.13.5 Wanxiang Recent Development

10.14 Showa

10.14.1 Showa Company Information

10.14.2 Showa Introduction and Business Overview

10.14.3 Showa Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.14.4 Showa Axle Shaft Products Offered

10.14.5 Showa Recent Development

10.15 Lingyun

10.15.1 Lingyun Company Information

10.15.2 Lingyun Introduction and Business Overview

10.15.3 Lingyun Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.15.4 Lingyun Axle Shaft Products Offered

10.15.5 Lingyun Recent Development

10.16 Guansheng

10.16.1 Guansheng Company Information

10.16.2 Guansheng Introduction and Business Overview

10.16.3 Guansheng Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.16.4 Guansheng Axle Shaft Products Offered

10.16.5 Guansheng Recent Development

10.17 GNA Enterprises

10.17.1 GNA Enterprises Company Information

10.17.2 GNA Enterprises Introduction and Business Overview

10.17.3 GNA Enterprises Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.17.4 GNA Enterprises Axle Shaft Products Offered

10.17.5 GNA Enterprises Recent Development

10.18 Fawer

10.18.1 Fawer Company Information

10.18.2 Fawer Introduction and Business Overview

10.18.3 Fawer Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.18.4 Fawer Axle Shaft Products Offered

10.18.5 Fawer Recent Development

10.19 Hengli

10.19.1 Hengli Company Information

10.19.2 Hengli Introduction and Business Overview

10.19.3 Hengli Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.19.4 Hengli Axle Shaft Products Offered

10.19.5 Hengli Recent Development

10.20 Danchuan

10.20.1 Danchuan Company Information

10.20.2 Danchuan Introduction and Business Overview

10.20.3 Danchuan Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.20.4 Danchuan Axle Shaft Products Offered

10.20.5 Danchuan Recent Development

10.21 Lantong

10.21.1 Lantong Company Information

10.21.2 Lantong Introduction and Business Overview

10.21.3 Lantong Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.21.4 Lantong Axle Shaft Products Offered

10.21.5 Lantong Recent Development

10.22 Talbros Engineering

10.22.1 Talbros Engineering Company Information

10.22.2 Talbros Engineering Introduction and Business Overview

10.22.3 Talbros Engineering Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.22.4 Talbros Engineering Axle Shaft Products Offered

10.22.5 Talbros Engineering Recent Development

10.23 Dongfeng

10.23.1 Dongfeng Company Information

10.23.2 Dongfeng Introduction and Business Overview

10.23.3 Dongfeng Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.23.4 Dongfeng Axle Shaft Products Offered

10.23.5 Dongfeng Recent Development

10.24 Golden

10.24.1 Golden Company Information

10.24.2 Golden Introduction and Business Overview

10.24.3 Golden Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.24.4 Golden Axle Shaft Products Offered

10.24.5 Golden Recent Development

10.25 Sinotruk

10.25.1 Sinotruk Company Information

10.25.2 Sinotruk Introduction and Business Overview

10.25.3 Sinotruk Axle Shaft Sales, Revenue and Gross Margin (2018-2023)

10.25.4 Sinotruk Axle Shaft Products Offered

10.25.5 Sinotruk Recent Development

11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis

11.1 Axle Shaft Key Raw Materials

11.1.1 Key Raw Materials

11.1.2 Key Raw Materials Price

11.1.3 Raw Materials Key Suppliers

11.2 Manufacturing Cost Structure

11.2.1 Raw Materials

11.2.2 Labor Cost

11.2.3 Manufacturing Expenses

11.3 Axle Shaft Industrial Chain Analysis

11.4 Axle Shaft Market Dynamics

11.4.1 Axle Shaft Industry Trends

11.4.2 Axle Shaft Market Drivers

11.4.3 Axle Shaft Market Challenges

11.4.4 Axle Shaft Market Restraints

12 Market Strategy Analysis, Distributors

12.1 Sales Channel

12.2 Axle Shaft Distributors

12.3 Axle Shaft Downstream Customers

13 Research Findings and Conclusion

14 Appendix

14.1 Research Methodology

14.1.1 Methodology/Research Approach

14.1.2 Data Source

14.2 Author Details

14.3 Disclaimer

Published By : QY Research

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