Los Angeles, CA -- (SBWIRE) -- 02/15/2019 -- An axle is a central shaft for a rotating wheel or gear. On wheeled vehicles, the axle may be fixed to the wheels, rotating with them, or fixed to the vehicle, with the wheels rotating around the axle. In the former case, bearings or bushings are provided at the mounting points where the axle is supported. In the latter case, a bearing or bushing sits inside a central hole in the wheel to allow the wheel or gear to rotate around the axle.
Market competition is fierce. Although AAM, Meritor and DANA are the top 3 players in 2016, occupying for over 33.7% of global automotive axle market, the market concentration is relatively not too high. In this report, the top 18 listed companies occupy about 70% of the market in 2016.

Subject to fluctuations in the price of steel raw materials, the product average price declined in the past few years, however, in the end of 2016, the price of steel raised up, this lead to the average price increased in 2016 and 2017.

For vehicle industry, OEMs requires each automotive axle to meet rigid qualification standards to ensure performance, quality, and engineering design fit. Automotive axle sold into the aftermarket for replacement purposes are not of sufficient quality or reliability to be used by OEMs. Accordingly, automotive axle for OEMs is not interchangeable with or substitutable for automotive axle for the aftermarket, and demand for each is separate.

The global Automotive Axle market is valued at 25500 million US$ in 2018 is expected to reach 31300 million US$ by the end of 2025, growing at a CAGR of 2.6% during 2019-2025.

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At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

AAM

Meritor

DANA

ZF

PRESS KOGYO

HANDE Axle

BENTELER

Sichuan Jian'an

KOFCO

Gestamp

Shandong Heavy Industry

Segment by Type

Front Axle

Rear Axle

Segment by Application

Commercial Vehicle

Passenger Cars

Strategic Points Covered in TOC:
Chapter 1: Introduction, market driving force product scope, market risk, market overview, and market opportunities of the global market
Chapter 2: Evaluating the leading manufacturers of the global market which consists of its revenue, sales, and price of the products
Chapter 3: Displaying the competitive nature among key manufacturers, with market share, revenue, and sales
Chapter 4: Presenting global market by regions, market share and with revenue and sales for the projected period
Chapter 5, 6, 7, 8 and 9: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions

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