The global Axle & Shaft for Pickup and Trucks market was valued at US$ 3655.9 million in 2023 and is projected to reach US$ 3986.4 million by 2029, at a CAGR of 1.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Axle & Shaft for Pickup and Trucks market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Axle & Shaft for Pickup and Trucks market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Axle & Shaft for Pickup and Trucks market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
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.
This report aims to provide a comprehensive presentation of the global market for Axle & Shaft for Pickup and Trucks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Axle & Shaft for Pickup and Trucks. This report contains market size and forecasts of Axle & Shaft for Pickup and Trucks in global, including the following market information:
- Global Axle & Shaft for Pickup and Trucks Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Axle & Shaft for Pickup and Trucks Market Sales, 2018-2023, 2024-2029, (K Units)
- Global top five Axle & Shaft for Pickup and Trucks companies in 2023 (%)
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%.
We surveyed the Axle & Shaft for Pickup and Trucks manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Axle & Shaft for Pickup and Trucks Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Axle & Shaft for Pickup and Trucks Market Segment Percentages, by Type, 2023 (%)
Global Axle & Shaft for Pickup and Trucks Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Axle & Shaft for Pickup and Trucks Market Segment Percentages, by Application, 2023 (%)
Global Axle & Shaft for Pickup and Trucks Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Axle & Shaft for Pickup and Trucks Market Segment Percentages, By Region and Country, 2023 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Axle & Shaft for Pickup and Trucks revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Axle & Shaft for Pickup and Trucks revenues share in global market, 2023 (%)
- Key companies Axle & Shaft for Pickup and Trucks sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Axle & Shaft for Pickup and Trucks sales share in global market, 2023 (%)
- Further, the report presents profiles of competitors in the market, key players include:
- GKN
- NTN
- Dana
- AAM
- Neapco
- JTEKT
- SAT
- Nexteer
- Hyundai-wia
- IFA Rotorion
- Meritor
- Wanxiang Qianchao
- Fawer
- Danchuan
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Axle & Shaft for Pickup and Trucks, market overview.
- Chapter 2: Global Axle & Shaft for Pickup and Trucks market size in revenue and volume.
- Chapter 3: Detailed analysis of Axle & Shaft for Pickup and Trucks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Axle & Shaft for Pickup and Trucks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: Global Axle & Shaft for Pickup and Trucks capacity by region & country.
- Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
- Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
- Chapter 11: The main points and conclusions of the report.