Global Axle & Shaft for Pickup and Trucks Market Growth 2023-2029

Global Axle & Shaft for Pickup and Trucks Market Growth 2023-2029

Axle & Shaft for Pickup and Trucks is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Axle & Shaft for Pickup and Trucks can be divided into propeller shaft and half shaft. 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.
LPI (LP Information)' newest research report, the “Axle & Shaft for Pickup and Trucks Industry Forecast” looks at past sales and reviews total world Axle & Shaft for Pickup and Trucks sales in 2022, providing a comprehensive analysis by region and market sector of projected Axle & Shaft for Pickup and Trucks sales for 2023 through 2029. With Axle & Shaft for Pickup and Trucks sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Axle & Shaft for Pickup and Trucks industry.
This Insight Report provides a comprehensive analysis of the global Axle & Shaft for Pickup and Trucks 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 & Shaft for Pickup and Trucks portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Axle & Shaft for Pickup and Trucks market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Axle & Shaft for Pickup and Trucks 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 & Shaft for Pickup and Trucks.
The global Axle & Shaft for Pickup and Trucks market size is projected to grow from US$ 3475.7 million in 2022 to US$ 3817.4 million in 2029; it is expected to grow at a CAGR of 3817.4 from 2023 to 2029.
The major players in global Axle & Shaft for Pickup and Trucks market include GKN, NTN, Dana, etc. The top 3 players occupy about 45% shares of the global market. North America and China are main markets, they occupy about 65% of the global market. Half Type is the main type, with a share about 60%. Trucks is the main application, which holds a share about 70%.
This report presents a comprehensive overview, market shares, and growth opportunities of Axle & Shaft for Pickup and Trucks market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Propeller Type
Half Type
Segmentation by application
Trucks
Pickup
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 analyzing the company's coverage, product portfolio, its market penetration.
GKN
NTN
Dana
AAM
Neapco
JTEKT
SAT
Nexteer
Hyundai-wia
IFA Rotorion
Meritor
Wanxiang Qianchao
Fawer
Danchuan
Key Questions Addressed in this Report
What is the 10-year outlook for the global Axle & Shaft for Pickup and Trucks market?
What factors are driving Axle & Shaft for Pickup and Trucks market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Axle & Shaft for Pickup and Trucks market opportunities vary by end market size?
How does Axle & Shaft for Pickup and Trucks break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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