Automotive Axle & Propeller Shaft Market Size Is Set to Grow at a Remarkable Pace in the Coming Years
Automotive Axle & Propeller Shaft Market Report, published by Allied Market Research, forecasts that the global market is expected to garner $268 billion by 2022, registering a CAGR of 4.3% during the period 2016 - 2022. Passenger car segment is expected to maintain its dominant position throughout the forecast period. Asia-Pacific would continue to lead, accounting around 44% share of the world automotive axle & propeller shaft market in 2015.
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