Automotive Axle And Propeller Shaft Market Size 2024-2028
The automotive axle and propeller shaft market size is forecast to increase by USD 4.22 billion at a CAGR of 3.28% between 2023 and 2028. The market is witnessing significant growth due to several key factors. One major trend is the increasing adoption of electric vehicles (EVs), which necessitates the development of lightweight and efficient axles and propeller shafts. This has led to the use of advanced materials such as alloys, glass fibers, and thermoplastic polyamide in the production of these components. Additionally, the trend towards advanced automotive technology is leading to the development of intelligent axles with features such as torque vectoring and active suspension systems. However, regulatory challenges remain a significant hurdle for market growth. For instance, stringent safety regulations and emission norms necessitate the use of high-strength materials and manufacturing processes that can increase production costs.
What will be the Size of the Market During the Forecast Period?
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Vehicle Type
- Executive Summary - Chart on Market Segmentation by Location
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- Overview on criticality of inputs and factors of differentiation
- 2.3 Factors of disruption
- Overview on factors of disruption
- 2.4 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
3 Market Landscape
- 3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 3.2 Market characteristics
- Market characteristics analysis
4 Market Sizing
- 4.1 Market definition
- Offerings of companies included in the market definition
- 4.2 Market segment analysis
- 4.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
5 Historic Market Size
- 5.1 Global Automotive Axle And Propeller Shaft Market 2018 - 2022
- Historic Market Size - Data Table on Global Automotive Axle And Propeller Shaft Market 2018 - 2022 ($ million)
- 5.2 Vehicle Type segment analysis 2018 - 2022
- Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)
- 5.3 Location segment analysis 2018 - 2022
- Historic Market Size - Location Segment 2018 - 2022 ($ million)
- 5.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 5.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
6 Five Forces Analysis
- 6.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 6.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 6.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 6.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 6.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 6.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 6.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
7 Market Segmentation by Vehicle Type
- 7.1 Market segments
- Chart on Vehicle Type - Market share 2023-2028 (%)
- Data Table on Vehicle Type - Market share 2023-2028 (%)
- 7.2 Comparison by Vehicle Type
- Chart on Comparison by Vehicle Type
- Data Table on Comparison by Vehicle Type
- 7.3 Passenger vehicles - Market size and forecast 2023-2028
- Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ million)
- Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ million)
- Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
- Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
- 7.4 Commercial vehicles - Market size and forecast 2023-2028
- Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
- Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ million)
- Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
- Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
- 7.5 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ million)
- Data Table on Market opportunity by Vehicle Type ($ million)
8 Market Segmentation by Location
- 8.1 Market segments
- Chart on Location - Market share 2023-2028 (%)
- Data Table on Location - Market share 2023-2028 (%)
- 8.2 Comparison by Location
- Chart on Comparison by Location
- Data Table on Comparison by Location
- 8.3 Rear - Market size and forecast 2023-2028
- Chart on Rear - Market size and forecast 2023-2028 ($ million)
- Data Table on Rear - Market size and forecast 2023-2028 ($ million)
- Chart on Rear - Year-over-year growth 2023-2028 (%)
- Data Table on Rear - Year-over-year growth 2023-2028 (%)
- 8.4 Front - Market size and forecast 2023-2028
- Chart on Front - Market size and forecast 2023-2028 ($ million)
- Data Table on Front - Market size and forecast 2023-2028 ($ million)
- Chart on Front - Year-over-year growth 2023-2028 (%)
- Data Table on Front - Year-over-year growth 2023-2028 (%)
- 8.5 Interaxle - Market size and forecast 2023-2028
- Chart on Interaxle - Market size and forecast 2023-2028 ($ million)
- Data Table on Interaxle - Market size and forecast 2023-2028 ($ million)
- Chart on Interaxle - Year-over-year growth 2023-2028 (%)
- Data Table on Interaxle - Year-over-year growth 2023-2028 (%)
- 8.6 Market opportunity by Location
- Market opportunity by Location ($ million)
- Data Table on Market opportunity by Location ($ million)
9 Customer Landscape
- 9.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
10 Geographic Landscape
- 10.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)
- 10.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 10.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 10.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 10.5 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 10.6 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 10.7 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 10.8 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 10.9 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 10.10 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 10.11 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 10.12 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 10.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
11 Drivers, Challenges, and Opportunity/Restraints
- 11.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 11.4 Market opportunities/restraints
12 Competitive Landscape
- 12.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 12.3 Landscape disruption
- Overview on factors of disruption
- 12.4 Industry risks
- Impact of key risks on business
13 Competitive Analysis
- 13.2 Company ranking index
- 13.3 Market positioning of companies
- Matrix on companies position and classification
- 13.4 American Axle and Manufacturing Holdings Inc.
- American Axle and Manufacturing Holdings Inc. - Overview
- American Axle and Manufacturing Holdings Inc. - Business segments
- American Axle and Manufacturing Holdings Inc. - Key news
- American Axle and Manufacturing Holdings Inc. - Key offerings
- American Axle and Manufacturing Holdings Inc. - Segment focus
- SWOT
- 13.5 Comer Industries Spa
- Comer Industries Spa - Overview
- Comer Industries Spa - Product / Service
- Comer Industries Spa - Key offerings
- SWOT
- 13.6 Cummins Inc.
- Cummins Inc. - Overview
- Cummins Inc. - Business segments
- Cummins Inc. - Key news
- Cummins Inc. - Key offerings
- Cummins Inc. - Segment focus
- SWOT
- 13.7 D.K. Engineering Holdings Ltd.
- D.K. Engineering Holdings Ltd. - Overview
- D.K. Engineering Holdings Ltd. - Product / Service
- D.K. Engineering Holdings Ltd. - Key offerings
- SWOT
- 13.8 Dana Inc.
- Dana Inc. - Overview
- Dana Inc. - Business segments
- Dana Inc. - Key news
- Dana Inc. - Key offerings
- Dana Inc. - Segment focus
- SWOT
- 13.9 Dowlais Group plc
- Dowlais Group plc - Overview
- Dowlais Group plc - Business segments
- Dowlais Group plc - Key offerings
- Dowlais Group plc - Segment focus
- SWOT
- 13.10 Hitachi Ltd.
- Hitachi Ltd. - Overview
- Hitachi Ltd. - Business segments
- Hitachi Ltd. - Key news
- Hitachi Ltd. - Key offerings
- Hitachi Ltd. - Segment focus
- SWOT
- 13.11 Hyundai WIA Corporation
- Hyundai WIA Corporation - Overview
- Hyundai WIA Corporation - Product / Service
- Hyundai WIA Corporation - Key offerings
- SWOT
- 13.12 IFA Holding GmbH
- IFA Holding GmbH - Overview
- IFA Holding GmbH - Product / Service
- IFA Holding GmbH - Key offerings
- SWOT
- 13.13 JTEKT Corp.
- JTEKT Corp. - Overview
- JTEKT Corp. - Business segments
- JTEKT Corp. - Key news
- JTEKT Corp. - Key offerings
- JTEKT Corp. - Segment focus
- SWOT
- 13.14 Muhr und Bender KG
- Muhr und Bender KG - Overview
- Muhr und Bender KG - Product / Service
- Muhr und Bender KG - Key offerings
- SWOT
- 13.15 Nexteer Automotive Group Ltd.
- Nexteer Automotive Group Ltd. - Overview
- Nexteer Automotive Group Ltd. - Business segments
- Nexteer Automotive Group Ltd. - Key offerings
- Nexteer Automotive Group Ltd. - Segment focus
- SWOT
- 13.16 NTN Corp.
- NTN Corp. - Overview
- NTN Corp. - Business segments
- NTN Corp. - Key offerings
- NTN Corp. - Segment focus
- SWOT
- 13.17 Schaeffler AG
- Schaeffler AG - Overview
- Schaeffler AG - Business segments
- Schaeffler AG - Key news
- Schaeffler AG - Key offerings
- Schaeffler AG - Segment focus
- SWOT
- 13.18 ZF Friedrichshafen AG
- ZF Friedrichshafen AG - Overview
- ZF Friedrichshafen AG - Business segments
- ZF Friedrichshafen AG - Key news
- ZF Friedrichshafen AG - Key offerings
- ZF Friedrichshafen AG - Segment focus
- SWOT
14 Appendix
- 14.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 14.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 14.4 Research methodology
- 14.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 14.9 360 degree market analysis
- 360 degree market analysis
- 14.10 List of abbreviations
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