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Automotive Axle & Propeller Shaft Market Worth $53.3 Billion by 2019

DALLAS, February 16, 2015 /PRNewswire/ –

The news ” by Position (Front Rear), Axle Type (Live, Dead, Tandem), Propeller Shaft Type (Front, Rear, Inter-axle), Material (Alloy Carbon Fiber), by Region – Forecast and Analysis to 2019“, published by MarketsandMarkets, a marketplace distance by value of Automotive Axles and Propeller Shafts is projected to grow during a CAGR of 8.25% to strech $53.3 Billion by 2019.

Browse 72 marketplace information tables and 49 total widespread by 230 pages and in-depth TOC onAutomotive Axle Propeller Shaft Market - Forecast and Analysis to 2019


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Asia-Oceania comprises of rising and building economies such as India, China, Thailand, and Indonesia and is witnessing outrageous race growth. The automotive attention is witnessing a expansion in direct after a diseased opening in 2008 following a tellurian mercantile downturn. Global OEMs are investing in this region, given a new marketplace opportunities with courtesy to a nascent theatre of a market. Rising income levels of a race is pushing expansion in a automotive industry. This has resulted in a emanate in direct for axles and propeller shafts. Major suppliers such as Showa Corporation (Japan) and globally determined players such as ZF Friedrichshafen AG (Germany) have a good participation in this region.

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Europe is a vital determined marketplace for axles and propeller shafts and is projected to declare fast growth. A vital expansion motorist is estimated to be difficult fuel-economy norms that would inspire investigate to rise lightweight solutions for vehicles. The prolongation levels in Germany, a U.K., and France are estimated expostulate direct for axles and propeller shafts. Rising welfare for comfort while pushing by end-users would also definitely impact a direct for improved peculiarity of axles and propellers. Europe is home to vital suppliers such as Robert Bosch GmbH (Germany) and Gestamp (Spain), who reserve axles and propeller shafts for automotive applications.

North America: 

North American segment comprises of a U.S., Canada, and Mexico and is witnessing expansion in automotive demand, that is definitely impacting a automotive components industry. Growth in these markets has resulted in an boost in direct for axles, as it is an constituent member for automotive applications. North America is a vital marketplace for a spindle and propeller shafts market, following an boost in prolongation of vehicles, generally SUVs for ubiquitous and off-road applications. Major suppliers such as Meritor, Inc. (U.S.), American Axle Manufacturing, Inc. (U.S.) work in this segment to offer a augmenting demand.

The news covers a spindle and propeller marketplace in terms of volume (’000 units) and value ($million) opposite regions such as Asia-Oceania, Europe, North America, and a Rest of a World (RoW). It explains qualitative and quantitative aspects of axles and propellers with honour to position and types. The news quickly explains a automotive spindle and propeller marketplace on a basement of geography, from 2014 to 2019.

The Automotive Axles and Propeller Shafts Market news also shows an overview of a technical, as good as other critical aspects of a tellurian spindle and propeller market. It includes a investigate of a value chain, Porter’s Five Force model, rival landscapes, and association profiles. In further to this, 10 pivotal players in a marketplace have also been profiled.

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