How big is the Automotive Axles Market market?

The automotive axles market market size is estimated to grow at $$ 23541.9 mn in 2024-2028. <a href='https://www.technavio.com/report/automotive-axles-market-analysis'>Read More</a>

Which segment accounted for the largest Automotive Axles Market market share?

Market segmentation by type (Drive axle, Dead axle, Lifting axle, Heavy commercial vehicles, and Others), vehicle type (Passenger cars, SUVs, Light commercial vehicles, Heavy commercial .... <a href='https://www.technavio.com/report/automotive-axles-market-analysis'>Read More</a>

Who are the key players in the Automotive Axles Market market?

American Axle and Manufacturing Holdings Inc., BorgWarner Inc., Cardone Industries Inc., Carraro SpA, Cummins Inc., Dana Inc., Dorman Products Inc., GESTAMP AUTOMOCION SA, GNA Axles .... <a href='https://www.technavio.com/report/automotive-axles-market-analysis'>Read More</a>

What are the factors driving the Automotive Axles Market market?

The key factors driving the automotive axles market market growth are: Increasing demand for commercial vehicles Increase in popularity of e-axle .... <a href='https://www.technavio.com/report/automotive-axles-market-analysis'>Read More</a>

Automotive Axles Market Analysis North America, APAC, Europe, South America, Middle East and Africa - China, US, Germany, Japan, Canada - Size and Forecast 2024-2028

Published: Jul 2024
Pages: 190
SKU: IRTNTR75159

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Automotive Axles Market Size 2024-2028

The automotive axles market size is forecast to increase by USD 23.54 billion at a CAGR of 5.89% between 2023 and 2028.

The market is witnessing significant growth due to the increasing demand for commercial vehicles and the rise in popularity of e-axle systems. The e-axle system, which integrates the electric motor, power electronics, and transmission into a single unit, is gaining popularity due to its ability to improve vehicle efficiency and reduce emissions. Additionally, the recall of defective axles has led to increased focus on the quality and safety of axle components. These trends are driving market growth and are expected to continue shaping the market dynamics in the coming years. The increasing adoption of electric and hybrid vehicles is also expected to provide significant opportunities for market growth. However, the high cost of e-axles and the complex manufacturing process are some of the challenges that market participants may face. Overall, the market is poised for steady growth, driven by these trends and challenges.

What will be the Size of the Automotive Axles Market During the Forecast Period?

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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 Type
- Executive Summary - Chart on Market Segmentation by Vehicle Type
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

2.2 Market characteristics
- Market characteristics analysis

2.3 Value chain analysis
- Value Chain Analysis

3 Market Sizing

3.1 Market definition
- Offerings of companies included in the market definition

3.2 Market segment analysis
- Market segments

3.3 Market size 2023

3.4 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 (%)

4 Historic Market Size

4.1 Global Automotive Axles Market 2018 - 2022
- Historic Market Size - Data Table on Global Automotive Axles Market 2018 - 2022 ($ million)

4.2 Type segment analysis 2018 - 2022
- Historic Market Size - Type Segment 2018 - 2022 ($ million)

4.3 Vehicle Type segment analysis 2018 - 2022
- Historic Market Size - Vehicle Type Segment 2018 - 2022 ($ million)

4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)

4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028

5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Type

6.1 Market segments
- Chart on Type - Market share 2023-2028 (%)
- Data Table on Type - Market share 2023-2028 (%)

6.2 Comparison by Type
- Chart on Comparison by Type
- Data Table on Comparison by Type

6.3 Drive axle - Market size and forecast 2023-2028
- Chart on Drive axle - Market size and forecast 2023-2028 ($ million)
- Data Table on Drive axle - Market size and forecast 2023-2028 ($ million)
- Chart on Drive axle - Year-over-year growth 2023-2028 (%)
- Data Table on Drive axle - Year-over-year growth 2023-2028 (%)

6.4 Dead axle - Market size and forecast 2023-2028
- Chart on Dead axle - Market size and forecast 2023-2028 ($ million)
- Data Table on Dead axle - Market size and forecast 2023-2028 ($ million)
- Chart on Dead axle - Year-over-year growth 2023-2028 (%)
- Data Table on Dead axle - Year-over-year growth 2023-2028 (%)

6.5 Lifting axle - Market size and forecast 2023-2028
- Chart on Lifting axle - Market size and forecast 2023-2028 ($ million)
- Data Table on Lifting axle - Market size and forecast 2023-2028 ($ million)
- Chart on Lifting axle - Year-over-year growth 2023-2028 (%)
- Data Table on Lifting axle - Year-over-year growth 2023-2028 (%)

6.6 Market opportunity by Type
- Market opportunity by Type ($ million)
- Data Table on Market opportunity by Type ($ million)

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 cars - Market size and forecast 2023-2028
- Chart on Passenger cars - Market size and forecast 2023-2028 ($ million)
- Data Table on Passenger cars - Market size and forecast 2023-2028 ($ million)
- Chart on Passenger cars - Year-over-year growth 2023-2028 (%)
- Data Table on Passenger cars - Year-over-year growth 2023-2028 (%)

7.4 SUVs - Market size and forecast 2023-2028
- Chart on SUVs - Market size and forecast 2023-2028 ($ million)
- Data Table on SUVs - Market size and forecast 2023-2028 ($ million)
- Chart on SUVs - Year-over-year growth 2023-2028 (%)
- Data Table on SUVs - Year-over-year growth 2023-2028 (%)

7.5 Light commercial vehicles - Market size and forecast 2023-2028
- Chart on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
- Data Table on Light commercial vehicles - Market size and forecast 2023-2028 ($ million)
- Chart on Light commercial vehicles - Year-over-year growth 2023-2028 (%)
- Data Table on Light commercial vehicles - Year-over-year growth 2023-2028 (%)

7.6 Heavy commercial vehicles - Market size and forecast 2023-2028
- Chart on Heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
- Data Table on Heavy commercial vehicles - Market size and forecast 2023-2028 ($ million)
- Chart on Heavy commercial vehicles - Year-over-year growth 2023-2028 (%)
- Data Table on Heavy commercial vehicles - Year-over-year growth 2023-2028 (%)

7.7 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)

7.8 Market opportunity by Vehicle Type
- Market opportunity by Vehicle Type ($ million)
- Data Table on Market opportunity by Vehicle Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Chart on Market share by geography 2023-2028 (%)
- Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

9.3 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 (%)

9.4 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 (%)

9.5 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 (%)

9.6 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 (%)

9.7 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 (%)

9.8 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 (%)

9.9 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 (%)

9.10 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 (%)

9.11 Japan - Market size and forecast 2023-2028
- Chart on Japan - Market size and forecast 2023-2028 ($ million)
- Data Table on Japan - Market size and forecast 2023-2028 ($ million)
- Chart on Japan - Year-over-year growth 2023-2028 (%)
- Data Table on Japan - Year-over-year growth 2023-2028 (%)

9.12 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.13 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Opportunity/Restraints

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028

10.4 Market opportunities/restraints

11 Competitive Landscape

11.1 Overview

11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation

11.3 Landscape disruption
- Overview on factors of disruption

11.4 Industry risks
- Impact of key risks on business

12 Competitive Analysis

12.1 Companies profiled
- Companies covered

12.2 Market positioning of companies
- Matrix on companies position and classification

12.3 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

12.4 BorgWarner Inc.
- BorgWarner Inc. - Overview
- BorgWarner Inc. - Business segments
- BorgWarner Inc. - Key news
- BorgWarner Inc. - Key offerings
- BorgWarner Inc. - Segment focus

12.5 Cardone Industries Inc.
- Cardone Industries Inc. - Overview
- Cardone Industries Inc. - Product / Service
- Cardone Industries Inc. - Key offerings

12.6 Carraro SpA
- Carraro SpA - Overview
- Carraro SpA - Product / Service
- Carraro SpA - Key offerings

12.7 Cummins Inc.
- Cummins Inc. - Overview
- Cummins Inc. - Business segments
- Cummins Inc. - Key news
- Cummins Inc. - Key offerings
- Cummins Inc. - Segment focus

12.8 Dana Inc.
- Dana Inc. - Overview
- Dana Inc. - Business segments
- Dana Inc. - Key news
- Dana Inc. - Key offerings
- Dana Inc. - Segment focus

12.9 Dorman Products Inc.
- Dorman Products Inc. - Overview
- Dorman Products Inc. - Product / Service
- Dorman Products Inc. - Key news
- Dorman Products Inc. - Key offerings

12.10 GESTAMP AUTOMOCION SA
- GESTAMP AUTOMOCION SA - Overview
- GESTAMP AUTOMOCION SA - Business segments
- GESTAMP AUTOMOCION SA - Key offerings
- GESTAMP AUTOMOCION SA - Segment focus

12.11 Hyundai Motor Group
- Hyundai Motor Group - Overview
- Hyundai Motor Group - Business segments
- Hyundai Motor Group - Key news
- Hyundai Motor Group - Key offerings
- Hyundai Motor Group - Segment focus

12.12 Magna International Inc.
- Magna International Inc. - Overview
- Magna International Inc. - Business segments
- Magna International Inc. - Key news
- Magna International Inc. - Key offerings
- Magna International Inc. - Segment focus

12.13 Melrose Industries Plc
- Melrose Industries Plc - Overview
- Melrose Industries Plc - Business segments
- Melrose Industries Plc - Key offerings
- Melrose Industries Plc - Segment focus

12.14 Mercedes Benz Group AG
- Mercedes Benz Group AG - Overview
- Mercedes Benz Group AG - Business segments
- Mercedes Benz Group AG - Key news
- Mercedes Benz Group AG - Key offerings
- Mercedes Benz Group AG - Segment focus

12.15 Robert Bosch GmbH
- Robert Bosch GmbH - Overview
- Robert Bosch GmbH - Product / Service
- Robert Bosch GmbH - Key news
- Robert Bosch GmbH - Key offerings

12.16 Talbros Engineering Ltd.
- Talbros Engineering Ltd. - Overview
- Talbros Engineering Ltd. - Key offerings

12.17 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

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

13.3 Currency conversion rates for US$
- Currency conversion rates for US$

13.4 Research methodology
- Research methodology

13.5 Data procurement
- Information sources

13.6 Data validation
- Data validation

13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

13.8 Data synthesis
- Data synthesis

13.9 360 degree market analysis
- 360 degree market analysis

13.10 List of abbreviations
- List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES