As the global economy mends, the 2021 growth of Automotive Axle and Propeller Shaft will have significant change from previous year. According to our (LP Information) latest study, the global Automotive Axle and Propeller Shaft market size is USD million in 2022 from USD 51250 million in 2021, with a change of % between 2021 and 2022. The global Automotive Axle and Propeller Shaft market size will reach USD 78910 million in 2028, growing at a CAGR of 6.4% over the analysis period.
The United States Automotive Axle and Propeller Shaft market is expected at value of US$ million in 2021 and grow at approximately % CAGR during review period. China constitutes a % market for the global Automotive Axle and Propeller Shaft market, reaching US$ million by the year 2028. As for the Europe Automotive Axle and Propeller Shaft landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period. In APAC, the growth rates of other notable markets (Japan and South Korea) are projected to be at % and % respectively for the next 5-year period.
Global main Automotive Axle and Propeller Shaft players cover ZF, Dana Incorporated, GKN, and American Axle & Manufacturing, etc. In terms of revenue, the global largest two companies occupy a share nearly % in 2021.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Axle and Propeller Shaft market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2017 to 2022, in Section 2.3; and forecast to 2028 in section 12.6
Alloy
Carbon Fiber
Segmentation by application: breakdown data from 2017 to 2022, in Section 2.4; and forecast to 2028 in section 12.7.
Commercial Vehicle
Passenger Car
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the prominent manufacturers in this market, include
ZF
Dana Incorporated
GKN
American Axle & Manufacturing
Meritor
Mark Williams Enterprises Inc.
White Technologies Inc.
Johnson Power Ltd
Wilson Drive Shafts
Nexteer Automotive
D & F Propshafts
Bailey Morris Ltd
SHOWA Corporation
HYUNDAI WIA CORP
Gestamp
JTEKT Corporation
IFA Group
Automotive Axles Limited