Global and United States Automotive Drive Axle Market Insights, Forecast to 2027

Automotive drive axle is an integral component of vehicles, especially for the rear wheels. Its main function is to transmit driving torque to the wheel, as well as to maintain the position of the wheels relative and the vehicle body. Automotive drive axle is mainly used in the commercial vehicles. While for the passenger vehicles, such as multi-purpose vehicles (MPV) and minibus, automotive drive axle is also a necessary component.
Market competition is fierce. Although AAM and Meritor have big share, the market concentration is relatively low. In this report, the top 14 listed companies include AAM, Meritor, Sichuan Jian'an, DANA, Ankai Futian, AxleTech, PRESS KOGYO, Benteler, RABA, HANDE, ZF, SG Automotive Group, Shandong Heavy Industry and SINOTRUK, those only occupy about 32% of the market.

Market Analysis and Insights: Global and United States Automotive Drive Axle Market
This report focuses on global and United States Automotive Drive Axle market.
In 2020, the global Automotive Drive Axle market size was US$ 59460 million and it is expected to reach US$ 58030 million by the end of 2027, with a CAGR of -0.1% during 2021-2027. In United States the Automotive Drive Axle market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Automotive Drive Axle Scope and Market Size
Automotive Drive Axle market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Drive Axle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Automotive Drive Axle market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.


Segment by Type
Below 3 MT
3-14 MT
Above 14 MT


Segment by Application
Passenger Vehicles
Coach
Truck


By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E


By Company
AAM
Meritor
Sichuan Jian'an
DANA
Ankai Futian
AxleTech
PRESS KOGYO
Benteler
RABA
HANDE
ZF
SG Automotive Group
Shandong Heavy Industry
SINOTRUK