As the global economy mends, the 2021 growth of Automotive Axle & Propeller Shaft will have significant change from previous year. According to our (LP Information) latest study, the global Automotive Axle & Propeller Shaft market size is USD million in 2022 from USD 16910 million in 2021, with a change of % between 2021 and 2022. The global Automotive Axle & Propeller Shaft market size will reach USD 23270 million in 2028, growing at a CAGR of 4.7% over the analysis period.
The United States Automotive Axle & 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 & Propeller Shaft market, reaching US$ million by the year 2028. As for the Europe Automotive Axle & 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 & Propeller Shaft players cover ZF Friedrichshafen AG, Melrose Industries PLC, Dana Limited, and American Axle & Manufacturing, Inc., 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 & 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.
OEM
Aftermarket
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 Friedrichshafen AG
Melrose Industries PLC
Dana Limited
American Axle & Manufacturing, Inc.
Meritor, Inc.
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 Automoción
JTEKT Corporation
IFA Group
Automotive Axles Limited