Increasing Demand for Heavy Duty Trailers to Boost Revenue Growth of the Global Trailer Axle Market During 2017-2025
The global sales of automotive trailer axles is estimated to be valued at US$ 5,979.9 Mn in 2017 and is projected to grow at a CAGR of 5.1% over the forecast period and be valued at US$ 8,879.2 Mn by 2025. In terms of volume, the global trailer axle market stood at 3,168'000 Units in 2017 and is expected to reach 4,549'000 Units by 2025 end. The market is slated to expand at a CAGR of 4.6% in terms of...
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