Global Axle & Propeller Shaft Market Growth 2025-2031

The global Axle & Propeller Shaft market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Axle & Shaft is a mechanical part that translates the torque generated by a vehicle"s engine into usable motive force to propel the vehicle. Axle & Shaft can be divided into propeller shaft, Rear Axle and Front Axle. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.

In this report, the data we provide is about both the propeller shafts and half shafts.

In the Indian market, the major producers are GKN, AAL, NTN, Dana, Nexteer, GNA Enterprises, Sona Group, Hyundai-WIA, Talbros Engineering and AAM.

LP Information, Inc. (LPI) ' newest research report, the “Axle & Propeller Shaft Industry Forecast” looks at past sales and reviews total world Axle & Propeller Shaft sales in 2024, providing a comprehensive analysis by region and market sector of projected Axle & Propeller Shaft sales for 2025 through 2031. With Axle & Propeller Shaft sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Axle & Propeller Shaft industry.

This Insight Report provides a comprehensive analysis of the global Axle & Propeller Shaft landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Axle & Propeller Shaft portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Axle & Propeller Shaft market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Axle & Propeller Shaft and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Axle & Propeller Shaft.

This report presents a comprehensive overview, market shares, and growth opportunities of Axle & Propeller Shaft market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Propeller Shaft
Rear Axle
Front Axle

Segmentation by Application:
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

This report also splits the market by region:
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 below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
GKN
AAL
NTN
Dana
Nexteer
GNA Enterprises
Sona Group
Hyundai-Wia
Talbros Engineering
AAM

Key Questions Addressed in this Report

What is the 10-year outlook for the global Axle & Propeller Shaft market?

What factors are driving Axle & Propeller Shaft market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Axle & Propeller Shaft market opportunities vary by end market size?

How does Axle & Propeller Shaft break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.