Automotive Axle Market: 2019 Global Size, Share, Emerging Trends, Top Leaders, Industry Growth, Segmentation and Future Prospects by 2022

Automotive Axle Market Share, Size, Trends, And Business Opportunity Analysis Report 2019 include historic data, with forecast data to 2022.

Pune, India - June 18, 2019 /MarketersMedia/ —

Automotive Axle Industry report is helpful for future strategy development, and to know about Market Drivers, Restraints, Opportunities, And Global market size, share, Growth, Trends, key players forecast to 2022.

Depending upon the application axle functions differently in steering and transmission, hence, making the market more prominent for the consumers. Along with it, increasing acceptance of hybrid and electric vehicles coupled with the integration of smart and advanced gearing technology acts as a significant driving force for the global Axle in Automotive market.

On the same time, the advancements in engineering for improving the performance of vehicles with increased demands of it are the most propelling yet essential factors for the market to grow in recent times. Moreover, the increased focus on improving power and drivetrain system encompassing components such as a clutch, transmission, and propeller shaft is also making the global Axle in Automotive market to expand in substantial ways.

On the flip side, the emergence of new vendors is functioning well in the Axle in Automotive market and are challenging other well-established players, as they grapple with high consistency, technological advancements, and innovations. Due to this, the Axle in Automotive market is hampered with its growth.

Get Free Sample of “Global Axle in Automotive Market Research Report - Forecast to 2022” At

Market Key Players

The vital player operating in the market of global Axle in Automotive are ZF Friedrichshafen AG (Germany), American Axle & Manufacturing, Inc. (U.S.), Meritor, Inc. (U.S.), Showa Corporation (Japan), GKN Plc (U.K.) and ELBE Gelenkwellen-Service GmbH(Germany) and others.

Market Segmentation of Axle in Automotive Market

The global Axle in Automotive market is segmented by type, by material, by propeller shaft type, and by region.

By mode of the type, the market is segmented into the front axle and read axle.]

By mode of material, the market is segmented into alloy, and carbon fiber.

By mode of propeller shaft type, the market is segmented into the single, and multi-piece.

Axle in Automotive Market: Regional Analysis

The global Axle in Automotive market is segmented into regions like North America, Europe, Asia Pacific, Middle East, and Africa.

The Asia Pacific accounts for the most significant share of the market owing to the impressive automotive sales. Countries such as India and China have the sizeable automotive industry which is the critical reason for the market to grasp a strong position. Also, factors such as availability of low-cost labor and innovations in engineering have risen the production and automotive manufacturing hub

On the other hand, Europe accounts for the second largest market share led by the large automotive industry mainly set up in Germany, the U.K., and Italy. The vast speed trains network in Europe is another driver of the market.

Industry News

March 2018 - Melrose Industries took over GKN with a hostile bid of USD 11 billion after a three-month battle. GKN unsuccessfully tried to avert the proposal with its £ 4.4bn planned merger of its Driveline automotive business with US rival Dana.

Get Complete Report Details of “Global Axle in Automotive Market Research Report - Forecast to 2022” At


About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR) and Market Research & Consulting Services.

Contact Info:
Name: Abhishek Sawant
Email: Send Email
Organization: Market Research Future
Address: Market Research Future, Office No. 528, Amanora Chambers, Magarpatta Road, Hadapsar,, Pune - 411028, Maharashtra, India, +1 646 845 9312,

Source URL:

Source: MarketersMedia

Release ID: 525871

More News From Banking Reporter

German industrial production drops again in June

Oct 20, 2019

BERLIN — German industrial production declined for a second consecutive month in July in the latest sign that Europe's biggest economy is headed for a recession in the current quarter. The Economy Ministry said Friday production was 0.6% lower than the previous month, following a 1.1% drop in June. That followed separate data showing factory orders fell 2.7% in July. Germany's economy contracted 0.1% in the April-June period. It is considered likely to shrink again in the third quarter, placing it in a technical recession, and business confidence recently hit a nearly seven-year low. UniCredit bank economist Andreas Rees argues...

South Korean leader says Japan dishonest over wartime past

Oct 20, 2019

SEOUL, South Korea — South Korean President Moon Jae-in on Thursday berated Japan for carrying out its plan to downgrade South Korea's trade status and reiterated Seoul's stance that Tokyo was weaponizing trade to retaliate over political rows stemming from the countries' wartime history. Moon said in a Cabinet meeting that Japan is being dishonest by insisting that its trade curbs weren't retaliation over historical issues, including South Korean court rulings that called for Japanese companies to offer reparations to aging South Korean plaintiffs for forced labor during World War II. He said Japan should look "squarely at the past"...

The Latest: Macron regrets Brazil rejection of Amazon aid

Oct 20, 2019

PARIS — The Latest on French President Emmanuel Macron's speech (all times local): 1:15 p.m. French President Emmanuel Macron is shrugging off Brazil's rejection of international aid to fight Amazon wildfires, saying the money is aimed at nine countries in the region and is a sign of friendship — not "aggressiveness." Macron put the Amazon fires high on the agenda of the Group of Seven summit in France, where world powers pledged this week some $40 million to fight the fires and plant new trees because of the Amazon's importance to the global environment. Brazilian President Jair Bolsonaro accused France...

The Latest: WH says no secret first lady-Kim Jong Un meeting

Oct 20, 2019

BIARRITZ, France — The Latest on President Donald Trump at the Group of Seven summit in France (all times local): 8:30 p.m. No, first lady Melania Trump hasn't had any secret meetings with North Korean leader Kim Jong Un. The White House is clarifying comments made by President Donald Trump during a news conference in France. He had said "the first lady has gotten to know" Kim and likely agrees he's "a man with a country that has tremendous potential." Press secretary Stephanie Grisham says in a statement from aboard Air Force One that the president "confides in his wife...

UK's Johnson gets Trump backing as he eyes Brexit endgame

Oct 20, 2019

BIARRITZ, France — U.K. Prime Minister Boris Johnson won the sympathy of U.S. President Donald Trump on Monday after the American leader suggested that the European Union would drive a hard bargain and that it would be "tough" to get a Brexit deal. Speaking at the end of the G-7 summit in France, Trump offered effusive praise for Johnson, who took power last month, and said that he had to "try to do something with Brexit," a task that eluded his predecessor Theresa May. May failed three times to get her deal through Parliament and then was toppled by her...

About Us

Banking Reporter is the largest-circulated online business news in the United States, bringing a whole new genre of business journalism more up close and more incisive.

Contact us: sales[at]

Subscribe Now!