Commercial Vehicle Axles is an integral component of commercial vehicles. Its main function is serving to transmit driving torque to the wheel, as well as to maintain the position of the wheels relative to each other and to the vehicle body. In addition to, the axles can also bear the weight of the vehicle plus any cargo.
Scope of the Report:
This report focuses on the Commercial Vehicle Axles in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
In the coming years there is an increasing demand for commercial vehicles in the regions of Europe and Asia-Oceania, mainly in China, India and Japan, is expected to drive the market for more advanced Commercial Vehicle Axles. Rapid industrialization, development of road infrastructure, and stable rise in commercial activity, particularly with regard to logistics, distribution and public transportation will drive growth in Asia-Oceania markets.
Globally, the Commercial Vehicle Axles industry market is concentrated as the manufacturing technology of Commercial Vehicle Axles is relatively matures than some high-tech equipment. And some enterprises, like AAM, Meritor, DANA etc. are well-known for the wonderful performance of their Commercial Vehicle Axles and related services. At the same time, United States is remarkable in the global Commercial Vehicle Axles industry because of their market share and technology status of Commercial Vehicle Axles.
The consumption volume of Commercial Vehicle Axles is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Commercial Vehicle Axles industry may not keep that fast. But it is surely forecasted that the market of Commercial Vehicle Axles is still promising.
The worldwide market for Commercial Vehicle Axles is expected to grow at a CAGR of roughly 2.6% over the next five years, will reach 46700 million US$ in 2023, from 40100 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
IJT Technology Holdings
SG Automotive Group
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Rear Beam Axles
Market Segment by Applications, can be divided into
Heavy and Mid Duty Truck
Light Duty Truck
Other Commercial Vehicle
There are 15 Chapters to deeply display the global Commercial Vehicle Axles market.
Chapter 1, to describe Commercial Vehicle Axles Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Commercial Vehicle Axles, with sales, revenue, and price of Commercial Vehicle Axles, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Commercial Vehicle Axles, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Commercial Vehicle Axles market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Commercial Vehicle Axles sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source