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Global Automotive Axle and Propeller Shaft Market: By Type: Axle, Propeller Shaft; By Axle Position: Front, Rear; By Vehicle Type: Two-Wheeler, Passenger Cars, Commercial Vehicle; By Material: Alloy, Carbon Fibre; Regional Analysis; Historical Market and Forecast (2016-2026); Competitive Landscape; Industry Events and Developments

Global Automotive Axle & Propeller Shaft Market Outlook

The global automotive axle & propeller shaft market stood at a value of USD 30.9 billion in 2020. The industry is expected to grow at a CAGR of 3% in the forecast period of 2021-2026 to reach a value of USD 36 billion by 2026 owing to the rising demand for vehicles and modernisations in engineering.


Global Automotive Axle & Propeller Shaft Market

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Properties and Applications

Axles and propeller shafts are important components in a vehicle. While the axle holds the entire weight of a vehicle and functions by providing the torque to the wheels, the propeller shaft functions by transferring power from an engine to the wheels of a vehicle.


Global Automotive Axle & Propeller Shaft Market By Type

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The types of axle and propeller shaft are:

  • Axle
    • Live
    • Dead
    • Tandem
  • Propeller Shaft
    • Single Piece
    • Multi Piece
    • Slip in Tube

Axle and propeller shaft find their uses in various types of vehicles like:

  • Two-Wheeler
  • Passenger Cars
  • Commercial Vehicle

The axle and propeller shaft industry can be further segmented on the basis of axle position into:

  • Front 
  • Rear

The report also covers the regional markets of axle and propeller shaft like the Asia-Pacific, Europe, North America, Latin America, and the Middle East and Africa.


Global Automotive Axle & Propeller Shaft Market By Region

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Market Analysis

The global axle and propeller shaft industry is being driven by the soaring aftermarket demand for axles and propellers in the Asia Pacific region. The global industry growth might be hindered by the fluctuating prices of metals and increased weight of the vehicle. However, the saving garnered in the general maintenance of the vehicle is enhancing the global demand for axle and propeller shaft.


Competitive Landscape

The report gives a detailed analysis of the following key players in the global automotive axle & propeller shaft industry, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Dana Limited
  • American Axle & Manufacturing Holdings, Inc.
  • Showa Corporation
  • Hyundai Wia Corporation
  • GKN Automotive Limited
  • JTEKT Corporation
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter’s five forces model along with giving a SWOT analysis.


Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Type, Axle Position, Vehicle Type, Material, Region
Breakup by Type Axle, Propeller Shaft
Breakup by Axle Position Front, Rear
Breakup by Vehicle Type Two-Wheeler, Passenger Cars, Commercial Vehicle
Breakup by Material Alloy, Carbon Fibre
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Dana Limited, American Axle & Manufacturing Holdings, Inc., Showa Corporation, Hyundai Wia Corporation, GKN Automotive Limited, JTEKT Corporation, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.


Key Questions Answered in the Report:

  • How has the global automotive axle & propeller industry performed in the previous years (2016-2020)?
  • What is the forecast assessment of the industry for 2021-2026?
  • What are the major drivers in the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints in the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major price indicators of the global automotive axle & propeller industry?
  • What are the major demand indicators of the global industry?
  • What is the degree of competition in the global automotive axle & propeller industry?
  • What are the major events and developments taking place within the global industry?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
    1.2    Key findings of the Study
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Inference Data
3    Executive Summary
    3.1    Market Overview
    3.2    Market Analysis
4    Global Automotive Axle & Propeller Shaft Market Analysis
    4.1    Global Automotive Axle & Propeller Shaft Historical Market (2016-2020) & Forecast (2021-2026)
    4.2    Global Automotive Axle & Propeller Shaft Market Breakup by Type 
        4.2.1    Axle
        4.2.2    Propeller Shaft
      Single Piece
      Multi Piece
      Slip in Tube
    4.3    Global Automotive Axle & Propeller Shaft Market Breakup by Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.3.1    Axle
        4.3.2    Propeller Shaft
      Single Piece
      Multi Piece
      Slip in Tube
    4.4    Global Automotive Axle & Propeller Shaft Market Breakup by Axle Position
        4.4.1    Front 
        4.4.2    Rear
    4.5    Global Automotive Axle & Propeller Shaft Market Breakup by Axle Position: Historical Market (2016-2020) & Forecast (2021-2026)
        4.5.1    Front 
        4.5.2    Rear
    4.6    Global Automotive Axle & Propeller Shaft Market Breakup by Vehicle Type
        4.6.1    Two-Wheeler
        4.6.2    Passenger Cars
        4.6.3    Commercial Vehicle
    4.7    Global Automotive Axle & Propeller Shaft Market Breakup by Vehicle Type: Historical Market (2016-2020) & Forecast (2021-2026)
        4.7.1    Two-Wheeler
        4.7.2    Passenger Cars
        4.7.3    Commercial Vehicle 
    4.8    Global Automotive Axle & Propeller Shaft Market Breakup by Material
        4.8.1    Alloy
        4.8.2    Carbon Fibre
    4.9    Global Automotive Axle & Propeller Shaft Market Breakup by Material: Historical Market (2016-2020) & Forecast (2021-2026)
        4.9.1    Alloy
        4.9.2    Carbon Fibre
    4.10    Global Automotive Axle & Propeller Shaft Market Breakup by Region
        4.10.1    North America
      United States of America
        4.10.2    Europe
      United Kingdom
        4.10.3    Asia Pacific
        4.10.4    Latin America
        4.10.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
    4.11     Global Automotive Axle & Propeller Shaft Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        4.11.1    North America
      United States of America
        4.11.2    Europe
      United Kingdom
        4.11.3    Asia Pacific
        4.11.4    Latin America
        4.11.5    Middle East & Africa
      Saudi Arabia
      United Arab Emirates
      South Africa
5    SWOT Analysis
    5.1    Overview
    5.2    Strengths
    5.3    Weaknesses
    5.4    Opportunities
    5.5    Threats
6    Porter’s Five Forces Analysis
    6.1    Overview
    6.2    Buyer’s Power
    6.3    Supplier’s Power
    6.4    New Entrants
    6.5    Degree of Rivalry
    6.6    Substitutes
7  EKDA For Price
    7.1    Labor
    7.2    Utilities
    7.3    Raw Materials
    7.4    Market Dynamics
8    EKDA For Demand
    8.1    Government Regulations
    8.2    Market Competition
    8.3    Price
    8.4    Availability
9    Competitive Landscape & Supplier Analysis
    9.1    Dana Limited
    9.2    American Axle & Manufacturing Holdings, Inc.
    9.3    Showa Corporation
    9.4    Hyundai Wia Corporation
    9.5    GKN Automotive Limited
    9.6    JTEKT Corporation
    9.7    Others
10    Industry Events and Developments

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