How big is the Truck Axle market?

The truck axle market size is estimated to grow at $$ 4904.3 mn in 2025-2029. <a href='https://www.technavio.com/report/truck-axle-market-industry-analysis'>Read More</a>

Which segment accounted for the largest Truck Axle market share?

Market segmentation by application (Light-duty trucks, Heavy-duty trucks, and Medium-duty trucks), type (Rigid axles, Drive steer axles, Non-drive steer axles, South America, and MEA), and .... <a href='https://www.technavio.com/report/truck-axle-market-industry-analysis'>Read More</a>

Who are the key players in the Truck Axle market?

All Truck Parts Ltd., American Axle and Manufacturing Inc., Automotive Axles Ltd., AVL List GmbH, BRIST Axle Systems Srl LLC, Cummins Inc., Dana Inc., Hendrickson .... <a href='https://www.technavio.com/report/truck-axle-market-industry-analysis'>Read More</a>

What are the factors driving the Truck Axle market?

The key factors driving the truck axle market growth are: Reduction in production cost of axle owing to advances in manufacturing technology <.... <a href='https://www.technavio.com/report/truck-axle-market-industry-analysis'>Read More</a>

Truck Axle Market Analysis, Size, and Forecast 2025-2029: North America (US and Canada), Europe (France, Germany, and UK), APAC (Australia, China, India, Japan, and South Korea), and Rest of World (ROW)

Published: Apr 2025
Pages: 238
SKU: IRTNTR44419

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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 Application
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Market Segmentation by End-user
- 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 2024 and 2029

3 Market Landscape

3.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market

3.2 Market characteristics
- Market characteristics analysis

3.3 Value chain analysis
- Value chain analysis

4 Market Sizing

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

4.2 Market segment analysis
- Market segments

4.3 Market size 2024

4.4 Market outlook: Forecast for 2024-2029
- Chart on Global - Market size and forecast 2024-2029 ($ million)
- Data Table on Global - Market size and forecast 2024-2029 ($ million)
- Chart on Global Market: Year-over-year growth 2024-2029 (%)
- Data Table on Global Market: Year-over-year growth 2024-2029 (%)

5 Historic Market Size

5.1 Global Truck Axle Market 2019 - 2023
- Historic Market Size - Data Table on Global Truck Axle Market 2019 - 2023 ($ million)

5.2 Application segment analysis 2019 - 2023
- Historic Market Size - Application Segment 2019 - 2023 ($ million)

5.3 Type segment analysis 2019 - 2023
- Historic Market Size - Type Segment 2019 - 2023 ($ million)

5.4 Technology segment analysis 2019 - 2023
- Historic Market Size - Technology Segment 2019 - 2023 ($ million)

5.5 End-user segment analysis 2019 - 2023
- Historic Market Size - End-user Segment 2019 - 2023 ($ million)

5.6 Geography segment analysis 2019 - 2023
- Historic Market Size - Geography Segment 2019 - 2023 ($ million)

5.7 Country segment analysis 2019 - 2023
- Historic Market Size - Country Segment 2019 - 2023 ($ million)

6 Qualitative Analysis

6.1 Impact of AI on global truck axle market

7 Five Forces Analysis

7.1 Five forces summary
- Five forces analysis - Comparison between 2024 and 2029

7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2024 and 2029

7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2024 and 2029

7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2024 and 2029

7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2024 and 2029

7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2024 and 2029

7.7 Market condition
- Chart on Market condition - Five forces 2024 and 2029

8 Market Segmentation by Application

8.1 Market segments
- Chart on Application - Market share 2024-2029 (%)
- Data Table on Application - Market share 2024-2029 (%)

8.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application

8.3 Light-duty trucks - Market size and forecast 2024-2029
- Chart on Light-duty trucks - Market size and forecast 2024-2029 ($ million)
- Data Table on Light-duty trucks - Market size and forecast 2024-2029 ($ million)
- Chart on Light-duty trucks - Year-over-year growth 2024-2029 (%)
- Data Table on Light-duty trucks - Year-over-year growth 2024-2029 (%)

8.4 Heavy-duty trucks - Market size and forecast 2024-2029
- Chart on Heavy-duty trucks - Market size and forecast 2024-2029 ($ million)
- Data Table on Heavy-duty trucks - Market size and forecast 2024-2029 ($ million)
- Chart on Heavy-duty trucks - Year-over-year growth 2024-2029 (%)
- Data Table on Heavy-duty trucks - Year-over-year growth 2024-2029 (%)

8.5 Medium-duty trucks - Market size and forecast 2024-2029
- Chart on Medium-duty trucks - Market size and forecast 2024-2029 ($ million)
- Data Table on Medium-duty trucks - Market size and forecast 2024-2029 ($ million)
- Chart on Medium-duty trucks - Year-over-year growth 2024-2029 (%)
- Data Table on Medium-duty trucks - Year-over-year growth 2024-2029 (%)

8.6 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)

9 Market Segmentation by Type

9.1 Market segments
- Chart on Type - Market share 2024-2029 (%)
- Data Table on Type - Market share 2024-2029 (%)

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

9.3 Rigid axles - Market size and forecast 2024-2029
- Chart on Rigid axles - Market size and forecast 2024-2029 ($ million)
- Data Table on Rigid axles - Market size and forecast 2024-2029 ($ million)
- Chart on Rigid axles - Year-over-year growth 2024-2029 (%)
- Data Table on Rigid axles - Year-over-year growth 2024-2029 (%)

9.4 Drive steer axles - Market size and forecast 2024-2029
- Chart on Drive steer axles - Market size and forecast 2024-2029 ($ million)
- Data Table on Drive steer axles - Market size and forecast 2024-2029 ($ million)
- Chart on Drive steer axles - Year-over-year growth 2024-2029 (%)
- Data Table on Drive steer axles - Year-over-year growth 2024-2029 (%)

9.5 Non-drive steer axles - Market size and forecast 2024-2029
- Chart on Non-drive steer axles - Market size and forecast 2024-2029 ($ million)
- Data Table on Non-drive steer axles - Market size and forecast 2024-2029 ($ million)
- Chart on Non-drive steer axles - Year-over-year growth 2024-2029 (%)
- Data Table on Non-drive steer axles - Year-over-year growth 2024-2029 (%)

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

10 Market Segmentation by Technology

10.1 Market segments
- Chart on Technology - Market share 2024-2029 (%)
- Data Table on Technology - Market share 2024-2029 (%)

10.2 Comparison by Technology
- Chart on Comparison by Technology
- Data Table on Comparison by Technology

10.3 Mechanical axles - Market size and forecast 2024-2029
- Chart on Mechanical axles - Market size and forecast 2024-2029 ($ million)
- Data Table on Mechanical axles - Market size and forecast 2024-2029 ($ million)
- Chart on Mechanical axles - Year-over-year growth 2024-2029 (%)
- Data Table on Mechanical axles - Year-over-year growth 2024-2029 (%)

10.4 Electric axles - Market size and forecast 2024-2029
- Chart on Electric axles - Market size and forecast 2024-2029 ($ million)
- Data Table on Electric axles - Market size and forecast 2024-2029 ($ million)
- Chart on Electric axles - Year-over-year growth 2024-2029 (%)
- Data Table on Electric axles - Year-over-year growth 2024-2029 (%)

10.5 Others - Market size and forecast 2024-2029
- Chart on Others - Market size and forecast 2024-2029 ($ million)
- Data Table on Others - Market size and forecast 2024-2029 ($ million)
- Chart on Others - Year-over-year growth 2024-2029 (%)
- Data Table on Others - Year-over-year growth 2024-2029 (%)

10.6 Market opportunity by Technology
- Market opportunity by Technology ($ million)
- Data Table on Market opportunity by Technology ($ million)

11 Market Segmentation by End-user

11.1 Market segments
- Chart on End-user - Market share 2024-2029 (%)
- Data Table on End-user - Market share 2024-2029 (%)

11.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user

11.3 OEMs - Market size and forecast 2024-2029
- Chart on OEMs - Market size and forecast 2024-2029 ($ million)
- Data Table on OEMs - Market size and forecast 2024-2029 ($ million)
- Chart on OEMs - Year-over-year growth 2024-2029 (%)
- Data Table on OEMs - Year-over-year growth 2024-2029 (%)

11.4 Aftermarket - Market size and forecast 2024-2029
- Chart on Aftermarket - Market size and forecast 2024-2029 ($ million)
- Data Table on Aftermarket - Market size and forecast 2024-2029 ($ million)
- Chart on Aftermarket - Year-over-year growth 2024-2029 (%)
- Data Table on Aftermarket - Year-over-year growth 2024-2029 (%)

11.5 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)

12 Customer Landscape

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

13 Geographic Landscape

13.1 Geographic segmentation
- Chart on Market share by geography 2024-2029 (%)
- Data Table on Market share by geography 2024-2029 (%)

13.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison

13.3 APAC - Market size and forecast 2024-2029
- Chart on APAC - Market size and forecast 2024-2029 ($ million)
- Data Table on APAC - Market size and forecast 2024-2029 ($ million)
- Chart on APAC - Year-over-year growth 2024-2029 (%)
- Data Table on APAC - Year-over-year growth 2024-2029 (%)

13.4 North America - Market size and forecast 2024-2029
- Chart on North America - Market size and forecast 2024-2029 ($ million)
- Data Table on North America - Market size and forecast 2024-2029 ($ million)
- Chart on North America - Year-over-year growth 2024-2029 (%)
- Data Table on North America - Year-over-year growth 2024-2029 (%)

13.5 Europe - Market size and forecast 2024-2029
- Chart on Europe - Market size and forecast 2024-2029 ($ million)
- Data Table on Europe - Market size and forecast 2024-2029 ($ million)
- Chart on Europe - Year-over-year growth 2024-2029 (%)
- Data Table on Europe - Year-over-year growth 2024-2029 (%)

13.6 South America - Market size and forecast 2024-2029
- Chart on South America - Market size and forecast 2024-2029 ($ million)
- Data Table on South America - Market size and forecast 2024-2029 ($ million)
- Chart on South America - Year-over-year growth 2024-2029 (%)
- Data Table on South America - Year-over-year growth 2024-2029 (%)

13.7 Middle East and Africa - Market size and forecast 2024-2029
- Chart on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2024-2029 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2024-2029 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2024-2029 (%)

13.8 China - Market size and forecast 2024-2029
- Chart on China - Market size and forecast 2024-2029 ($ million)
- Data Table on China - Market size and forecast 2024-2029 ($ million)
- Chart on China - Year-over-year growth 2024-2029 (%)
- Data Table on China - Year-over-year growth 2024-2029 (%)

13.9 India - Market size and forecast 2024-2029
- Chart on India - Market size and forecast 2024-2029 ($ million)
- Data Table on India - Market size and forecast 2024-2029 ($ million)
- Chart on India - Year-over-year growth 2024-2029 (%)
- Data Table on India - Year-over-year growth 2024-2029 (%)

13.10 Japan - Market size and forecast 2024-2029
- Chart on Japan - Market size and forecast 2024-2029 ($ million)
- Data Table on Japan - Market size and forecast 2024-2029 ($ million)
- Chart on Japan - Year-over-year growth 2024-2029 (%)
- Data Table on Japan - Year-over-year growth 2024-2029 (%)

13.11 US - Market size and forecast 2024-2029
- Chart on US - Market size and forecast 2024-2029 ($ million)
- Data Table on US - Market size and forecast 2024-2029 ($ million)
- Chart on US - Year-over-year growth 2024-2029 (%)
- Data Table on US - Year-over-year growth 2024-2029 (%)

13.12 South Korea - Market size and forecast 2024-2029
- Chart on South Korea - Market size and forecast 2024-2029 ($ million)
- Data Table on South Korea - Market size and forecast 2024-2029 ($ million)
- Chart on South Korea - Year-over-year growth 2024-2029 (%)
- Data Table on South Korea - Year-over-year growth 2024-2029 (%)

13.13 Australia - Market size and forecast 2024-2029
- Chart on Australia - Market size and forecast 2024-2029 ($ million)
- Data Table on Australia - Market size and forecast 2024-2029 ($ million)
- Chart on Australia - Year-over-year growth 2024-2029 (%)
- Data Table on Australia - Year-over-year growth 2024-2029 (%)

13.14 Germany - Market size and forecast 2024-2029
- Chart on Germany - Market size and forecast 2024-2029 ($ million)
- Data Table on Germany - Market size and forecast 2024-2029 ($ million)
- Chart on Germany - Year-over-year growth 2024-2029 (%)
- Data Table on Germany - Year-over-year growth 2024-2029 (%)

13.15 Canada - Market size and forecast 2024-2029
- Chart on Canada - Market size and forecast 2024-2029 ($ million)
- Data Table on Canada - Market size and forecast 2024-2029 ($ million)
- Chart on Canada - Year-over-year growth 2024-2029 (%)
- Data Table on Canada - Year-over-year growth 2024-2029 (%)

13.16 UK - Market size and forecast 2024-2029
- Chart on UK - Market size and forecast 2024-2029 ($ million)
- Data Table on UK - Market size and forecast 2024-2029 ($ million)
- Chart on UK - Year-over-year growth 2024-2029 (%)
- Data Table on UK - Year-over-year growth 2024-2029 (%)

13.17 France - Market size and forecast 2024-2029
- Chart on France - Market size and forecast 2024-2029 ($ million)
- Data Table on France - Market size and forecast 2024-2029 ($ million)
- Chart on France - Year-over-year growth 2024-2029 (%)
- Data Table on France - Year-over-year growth 2024-2029 (%)

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

14 Drivers, Challenges, and Opportunity/Restraints

14.1 Market drivers

14.2 Market challenges

14.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2024 and 2029

14.4 Market opportunities/restraints

15 Competitive Landscape

15.1 Overview

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

15.3 Landscape disruption
- Overview on factors of disruption

15.4 Industry risks
- Impact of key risks on business

16 Competitive Analysis

16.1 Companies profiled
- Companies covered

16.2 Company ranking index
- Company ranking index

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

16.4 American Axle and Manufacturing Inc.
- American Axle and Manufacturing Inc. - Overview
- American Axle and Manufacturing Inc. - Business segments
- American Axle and Manufacturing Inc. - Key news
- American Axle and Manufacturing Inc. - Key offerings
- American Axle and Manufacturing Inc. - Segment focus
- SWOT

16.5 Automotive Axles Ltd.
- Automotive Axles Ltd. - Overview
- Automotive Axles Ltd. - Product / Service
- Automotive Axles Ltd. - Key offerings
- SWOT

16.6 AVL List GmbH
- AVL List GmbH - Overview
- AVL List GmbH - Product / Service
- AVL List GmbH - Key offerings
- SWOT

16.7 BRIST Axle Systems Srl LLC
- BRIST Axle Systems Srl LLC - Overview
- BRIST Axle Systems Srl LLC - Product / Service
- BRIST Axle Systems Srl LLC - Key offerings
- SWOT

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

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

16.10 Hendrickson Holdings LLC
- Hendrickson Holdings LLC - Overview
- Hendrickson Holdings LLC - Product / Service
- Hendrickson Holdings LLC - Key offerings
- SWOT

16.11 Jost Werke AG
- Jost Werke AG - Overview
- Jost Werke AG - Product / Service
- Jost Werke AG - Key offerings
- SWOT

16.12 Qingte Group Co. Ltd.
- Qingte Group Co. Ltd. - Overview
- Qingte Group Co. Ltd. - Product / Service
- Qingte Group Co. Ltd. - Key offerings
- SWOT

16.13 Raba Automotive Holding Plc
- Raba Automotive Holding Plc - Overview
- Raba Automotive Holding Plc - Business segments
- Raba Automotive Holding Plc - Key offerings
- Raba Automotive Holding Plc - Segment focus
- SWOT

16.14 SAF HOLLAND SE
- SAF HOLLAND SE - Overview
- SAF HOLLAND SE - Business segments
- SAF HOLLAND SE - Key news
- SAF HOLLAND SE - Key offerings
- SAF HOLLAND SE - Segment focus
- SWOT

16.15 Shandong Heavy Industry Group Co. Ltd.
- Shandong Heavy Industry Group Co. Ltd. - Overview
- Shandong Heavy Industry Group Co. Ltd. - Product / Service
- Shandong Heavy Industry Group Co. Ltd. - Key offerings
- SWOT

16.16 Sinotruk Hong Kong Ltd.
- Sinotruk Hong Kong Ltd. - Overview
- Sinotruk Hong Kong Ltd. - Business segments
- Sinotruk Hong Kong Ltd. - Key offerings
- Sinotruk Hong Kong Ltd. - Segment focus
- SWOT

16.17 Sisu Axles Inc.
- Sisu Axles Inc. - Overview
- Sisu Axles Inc. - Product / Service
- Sisu Axles Inc. - Key offerings
- SWOT

16.18 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

17 Appendix

17.1 Scope of the report

17.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist

17.3 Currency conversion rates for US$
- Currency conversion rates for US$

17.4 Research methodology
- Research methodology

17.5 Data procurement
- Information sources

17.6 Data validation
- Data validation

17.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing

17.8 Data synthesis
- Data synthesis

17.9 360 degree market analysis
- 360 degree market analysis

17.10 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