Automotive Axle and Propeller Shaft Market Predicted to Witness Steady Growth During the Forecast Period 2017-2027
Increasing operational performance, improving drivability and ensuring safe transport of cargo and passengers is the one of the top priority of automobile manufacturers. With increasing acceptance of hybrid and electric vehicles and integration of smart and connected technologies, manufacturers are concentrating on improving power and drivetrain systems encompassing components such as clutch, transmission, propeller shaft and rear axle. Depending upon its position and application, an axle serves different functions of steering and transmission. A propeller shaft serves the purpose of...
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