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Steer Axle-Global Market Insights and Sales Trends 2025

Steer Axle-Global Market Insights and Sales Trends 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1832689

No of Pages : 113

Synopsis
The global Steer Axle market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Steer Axle in various end use industries. The expanding demands from the Passenger Vehicles, Light Commercial Vehicles and Heavy Commercial Vehicles,, are propelling Steer Axle market. Front Steer Axle, 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 Rear Steer Axle segment is estimated at % CAGR for the next seven-year period.
The driving factors behind a steer axle include: 1. Steering control: The steer axle is responsible for controlling the direction of the vehicle. It allows the driver to maneuver the vehicle and navigate through turns, curves, and obstacles on the road. The design and performance of the steer axle directly impact the handling and responsiveness of the vehicle, which is critical for safe and efficient driving. 2. Load distribution: Another important factor is load distribution. The steer axle carries a significant portion of the vehicle's weight, especially in commercial trucks or heavy-duty vehicles. The design and load-bearing capacity of the steer axle must be able to handle the weight of the vehicle and its cargo, ensuring proper weight distribution for optimal stability and traction. 3. Suspension and ride comfort: The steer axle is typically equipped with a suspension system that helps absorb shocks and vibrations from the road surface. It plays a significant role in providing a smooth and comfortable ride for the driver and passengers, minimizing fatigue and enhancing driving comfort. 4. Tire wear and traction: The steer axle is responsible for transmitting power from the engine to the road surface through the tires. It is important for the steer axle to provide optimal grip and traction, especially during acceleration, braking, and cornering. Improper alignment or faulty components in the steer axle can lead to uneven tire wear and reduced traction, affecting the vehicle's overall performance and safety.
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 Steer Axle, 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 Steer Axle 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 Steer Axle market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Steer Axle 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 Steer Axle covered in this report include AAM, Meritor, DANA, ZF, PRESS KOGYO, HANDE Axle, BENTELER, Sichuan Jian'an and KOFCO, etc.
The global Steer Axle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AAM
Meritor
DANA
ZF
PRESS KOGYO
HANDE Axle
BENTELER
Sichuan Jian'an
KOFCO
Gestamp
Shandong Heavy Industry
Hyundai Dymos
Magneti Marelli
SINOTRUK
Hyundai WIA
SAF-HOLLAND
SG Automotive
IJT Technology Holdings
Global Steer Axle 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 Steer Axle market, Segment by Type:
Front Steer Axle
Rear Steer Axle
Global Steer Axle market, by Application
Passenger Vehicles
Light Commercial Vehicles
Heavy Commercial Vehicles
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 Steer Axle manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Steer Axle 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 Steer Axle Market Overview
1.1 Steer Axle Product Overview
1.2 Steer Axle Market Segment by Type
1.2.1 Front Steer Axle
1.2.2 Rear Steer Axle
1.3 Global Steer Axle Market Size by Type
1.3.1 Global Steer Axle Market Size Overview by Type (2018-2029)
1.3.2 Global Steer Axle Historic Market Size Review by Type (2018-2023)
1.3.3 Global Steer Axle Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Steer Axle Sales Breakdown by Type (2018-2023)
1.4.2 Europe Steer Axle Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Steer Axle Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Steer Axle Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Steer Axle Sales Breakdown by Type (2018-2023)
2 Global Steer Axle Market Competition by Company
2.1 Global Top Players by Steer Axle Sales (2018-2023)
2.2 Global Top Players by Steer Axle Revenue (2018-2023)
2.3 Global Top Players by Steer Axle Price (2018-2023)
2.4 Global Top Manufacturers Steer Axle Manufacturing Base Distribution, Sales Area, Product Type
2.5 Steer Axle Market Competitive Situation and Trends
2.5.1 Steer Axle Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Steer Axle 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 Steer Axle as of 2022)
2.7 Date of Key Manufacturers Enter into Steer Axle Market
2.8 Key Manufacturers Steer Axle Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Steer Axle Status and Outlook by Region
3.1 Global Steer Axle Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Steer Axle Historic Market Size by Region
3.2.1 Global Steer Axle Sales in Volume by Region (2018-2023)
3.2.2 Global Steer Axle Sales in Value by Region (2018-2023)
3.2.3 Global Steer Axle Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Steer Axle Forecasted Market Size by Region
3.3.1 Global Steer Axle Sales in Volume by Region (2024-2029)
3.3.2 Global Steer Axle Sales in Value by Region (2024-2029)
3.3.3 Global Steer Axle Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Steer Axle by Application
4.1 Steer Axle Market Segment by Application
4.1.1 Passenger Vehicles
4.1.2 Light Commercial Vehicles
4.1.3 Heavy Commercial Vehicles
4.2 Global Steer Axle Market Size by Application
4.2.1 Global Steer Axle Market Size Overview by Application (2018-2029)
4.2.2 Global Steer Axle Historic Market Size Review by Application (2018-2023)
4.2.3 Global Steer Axle Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Steer Axle Sales Breakdown by Application (2018-2023)
4.3.2 Europe Steer Axle Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Steer Axle Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Steer Axle Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Steer Axle Sales Breakdown by Application (2018-2023)
5 North America Steer Axle by Country
5.1 North America Steer Axle Historic Market Size by Country
5.1.1 North America Steer Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Steer Axle Sales in Volume by Country (2018-2023)
5.1.3 North America Steer Axle Sales in Value by Country (2018-2023)
5.2 North America Steer Axle Forecasted Market Size by Country
5.2.1 North America Steer Axle Sales in Volume by Country (2024-2029)
5.2.2 North America Steer Axle Sales in Value by Country (2024-2029)
6 Europe Steer Axle by Country
6.1 Europe Steer Axle Historic Market Size by Country
6.1.1 Europe Steer Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Steer Axle Sales in Volume by Country (2018-2023)
6.1.3 Europe Steer Axle Sales in Value by Country (2018-2023)
6.2 Europe Steer Axle Forecasted Market Size by Country
6.2.1 Europe Steer Axle Sales in Volume by Country (2024-2029)
6.2.2 Europe Steer Axle Sales in Value by Country (2024-2029)
7 Asia-Pacific Steer Axle by Region
7.1 Asia-Pacific Steer Axle Historic Market Size by Region
7.1.1 Asia-Pacific Steer Axle Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Steer Axle Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Steer Axle Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Steer Axle Forecasted Market Size by Region
7.2.1 Asia-Pacific Steer Axle Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Steer Axle Sales in Value by Region (2024-2029)
8 Latin America Steer Axle by Country
8.1 Latin America Steer Axle Historic Market Size by Country
8.1.1 Latin America Steer Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Steer Axle Sales in Volume by Country (2018-2023)
8.1.3 Latin America Steer Axle Sales in Value by Country (2018-2023)
8.2 Latin America Steer Axle Forecasted Market Size by Country
8.2.1 Latin America Steer Axle Sales in Volume by Country (2024-2029)
8.2.2 Latin America Steer Axle Sales in Value by Country (2024-2029)
9 Middle East and Africa Steer Axle by Country
9.1 Middle East and Africa Steer Axle Historic Market Size by Country
9.1.1 Middle East and Africa Steer Axle Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Steer Axle Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Steer Axle Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Steer Axle Forecasted Market Size by Country
9.2.1 Middle East and Africa Steer Axle Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Steer Axle Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 AAM
10.1.1 AAM Company Information
10.1.2 AAM Introduction and Business Overview
10.1.3 AAM Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.1.4 AAM Steer Axle Products Offered
10.1.5 AAM Recent Development
10.2 Meritor
10.2.1 Meritor Company Information
10.2.2 Meritor Introduction and Business Overview
10.2.3 Meritor Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Meritor Steer Axle Products Offered
10.2.5 Meritor Recent Development
10.3 DANA
10.3.1 DANA Company Information
10.3.2 DANA Introduction and Business Overview
10.3.3 DANA Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DANA Steer Axle Products Offered
10.3.5 DANA Recent Development
10.4 ZF
10.4.1 ZF Company Information
10.4.2 ZF Introduction and Business Overview
10.4.3 ZF Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ZF Steer Axle Products Offered
10.4.5 ZF Recent Development
10.5 PRESS KOGYO
10.5.1 PRESS KOGYO Company Information
10.5.2 PRESS KOGYO Introduction and Business Overview
10.5.3 PRESS KOGYO Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.5.4 PRESS KOGYO Steer Axle Products Offered
10.5.5 PRESS KOGYO Recent Development
10.6 HANDE Axle
10.6.1 HANDE Axle Company Information
10.6.2 HANDE Axle Introduction and Business Overview
10.6.3 HANDE Axle Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.6.4 HANDE Axle Steer Axle Products Offered
10.6.5 HANDE Axle Recent Development
10.7 BENTELER
10.7.1 BENTELER Company Information
10.7.2 BENTELER Introduction and Business Overview
10.7.3 BENTELER Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.7.4 BENTELER Steer Axle Products Offered
10.7.5 BENTELER Recent Development
10.8 Sichuan Jian'an
10.8.1 Sichuan Jian'an Company Information
10.8.2 Sichuan Jian'an Introduction and Business Overview
10.8.3 Sichuan Jian'an Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Sichuan Jian'an Steer Axle Products Offered
10.8.5 Sichuan Jian'an Recent Development
10.9 KOFCO
10.9.1 KOFCO Company Information
10.9.2 KOFCO Introduction and Business Overview
10.9.3 KOFCO Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.9.4 KOFCO Steer Axle Products Offered
10.9.5 KOFCO Recent Development
10.10 Gestamp
10.10.1 Gestamp Company Information
10.10.2 Gestamp Introduction and Business Overview
10.10.3 Gestamp Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Gestamp Steer Axle Products Offered
10.10.5 Gestamp Recent Development
10.11 Shandong Heavy Industry
10.11.1 Shandong Heavy Industry Company Information
10.11.2 Shandong Heavy Industry Introduction and Business Overview
10.11.3 Shandong Heavy Industry Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Shandong Heavy Industry Steer Axle Products Offered
10.11.5 Shandong Heavy Industry Recent Development
10.12 Hyundai Dymos
10.12.1 Hyundai Dymos Company Information
10.12.2 Hyundai Dymos Introduction and Business Overview
10.12.3 Hyundai Dymos Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hyundai Dymos Steer Axle Products Offered
10.12.5 Hyundai Dymos Recent Development
10.13 Magneti Marelli
10.13.1 Magneti Marelli Company Information
10.13.2 Magneti Marelli Introduction and Business Overview
10.13.3 Magneti Marelli Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Magneti Marelli Steer Axle Products Offered
10.13.5 Magneti Marelli Recent Development
10.14 SINOTRUK
10.14.1 SINOTRUK Company Information
10.14.2 SINOTRUK Introduction and Business Overview
10.14.3 SINOTRUK Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.14.4 SINOTRUK Steer Axle Products Offered
10.14.5 SINOTRUK Recent Development
10.15 Hyundai WIA
10.15.1 Hyundai WIA Company Information
10.15.2 Hyundai WIA Introduction and Business Overview
10.15.3 Hyundai WIA Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Hyundai WIA Steer Axle Products Offered
10.15.5 Hyundai WIA Recent Development
10.16 SAF-HOLLAND
10.16.1 SAF-HOLLAND Company Information
10.16.2 SAF-HOLLAND Introduction and Business Overview
10.16.3 SAF-HOLLAND Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.16.4 SAF-HOLLAND Steer Axle Products Offered
10.16.5 SAF-HOLLAND Recent Development
10.17 SG Automotive
10.17.1 SG Automotive Company Information
10.17.2 SG Automotive Introduction and Business Overview
10.17.3 SG Automotive Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.17.4 SG Automotive Steer Axle Products Offered
10.17.5 SG Automotive Recent Development
10.18 IJT Technology Holdings
10.18.1 IJT Technology Holdings Company Information
10.18.2 IJT Technology Holdings Introduction and Business Overview
10.18.3 IJT Technology Holdings Steer Axle Sales, Revenue and Gross Margin (2018-2023)
10.18.4 IJT Technology Holdings Steer Axle Products Offered
10.18.5 IJT Technology Holdings Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Steer Axle 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 Steer Axle Industrial Chain Analysis
11.4 Steer Axle Market Dynamics
11.4.1 Steer Axle Industry Trends
11.4.2 Steer Axle Market Drivers
11.4.3 Steer Axle Market Challenges
11.4.4 Steer Axle Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Steer Axle Distributors
12.3 Steer Axle 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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