Press Release

The Axle & Propeller Shaft industry is relatively concentrated, and high-end products mainly come from North America and Western Europe.

Axle & Shaft is a mechanical part that translates the torque generated by a vehicle’s engine into a usable motive force to propel the vehicle. Axle & Shaft can be divided into propeller shaft, Rear Axle, and Front Axle. The propeller shaft delivers power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.

The Axle & Propeller Shaft industry is relatively concentrated, and high-end products mainly come from North America and Western Europe. In the India wide, major manufactures mainly are GKN, AAL, NTN, Dana, Nexteer, GNA Enterprises, Sona Group, Hyundai-Wia, Talbros Engineering, AAM and etc.

The import and export business in this industry is not frequent. The main reason lies in that many international manufacturers expand their business through building factories or investments in targeted markets. Also, many major players have built up plants in developing countries, like India and Thailand.

This industry is affected by the economy and policy, so it is important to put an eye to economic indexes and leaders prefer. With the global economic recovery, more and more people pay attention to rising environmental standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Axle & Propeller Shaft starch will increase.

Global Axle & Propeller Shaft Market Professional Survey Report 2018 is a professional and in-depth study and available exclusively through Trusted Business Insights. Annual estimates and forecasts are provided for the period 2018 through 2025. Also, a five-year historic analysis is provided for these markets in this 106 pages report.

This market report provides in-depth analytics of the Axle & Propeller Shaft industry including definition, classification, application and industry chain structure. The report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share, and contact information.

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Axle & Propeller Shaft market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:

American Axle & Manufacturing Holdings
GKN
AAL
NTN
Dana
Nexteer
GNA Enterprises
Sona Group
Hyundai-Wia
Talbros Engineering
AAM (American Axle & Manufacturing Holdings)

Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:

Propeller Shaft
Rear Axle
Front Axle

By Industrial Application, the market can be split into:

Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

Market Segment by Regions includes:

  • North America (the USA, Canada, and Mexico)
  • Europe (Germany, France, UK, Russia, and Italy)
  • Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
  • South America
  • Middle East and Africa.

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