Axle & Shaft for Pickup and Trucks is a mechanical part that translates the torque generated by a vehicle’s engine into usable motive force to propel the vehicle. Axle & Shaft for Pickup and Trucks can be divided into propeller shaft and half shaft. 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.
For the fierce competition between suppliers, the price and gross margin are expected to decrease further.
Half Shaft production is bigger than Propeller Shaft, and we predict that in the following five years, the half Shaft production will continue to be bigger than Propeller Shaft, the Half Shaft production value is also bigger than Propeller Shaft. Propeller Shaft price is bigger than the price of Half Shaft. The sales of Axle & Shaft in the truck applications is bigger than Pickup.
The global Axle & Shaft for Pickup and Trucks market will reach 3630 million US$ by the end of 2025.
Global Axle & Shaft for Pickup and Trucks Market Professional Survey Report 2019 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 118 pages report.
This market report provides in-depth analytics of the Axle & Shaft for Pickup and Trucks 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.
Axle & Shaft for Pickup and Trucks market report includes an in-depth analysis of the competitive landscape of this business vertical, constituting companies like:
Products Segmentation, this report displays the production, revenue, price, market share, and growth rate of each type as below:
By Industrial Application, the market can be split into:
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.