Latest research report on “Commercial Vehicle Axles Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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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.
This report contains market size and forecasts of Commercial Vehicle Axles in global, including the following market information:
Global Commercial Vehicle Axles Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Commercial Vehicle Axles Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Commercial Vehicle Axles companies in 2021 (%)
The global Commercial Vehicle Axles market was valued at 45770 million in 2021 and is projected to reach US$ 53650 million by 2028, at a CAGR of 2.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Front Axles Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Commercial Vehicle Axles include AAM, Meritor, DANA, PRESS KOGYO, SAF-HOLLAND, BPW Group, MAN, ZF and Korea Flange, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Commercial Vehicle Axles 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 Commercial Vehicle Axles Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Vehicle Axles Market Segment Percentages, by Type, 2021 (%)
– Front Axles
– Rear Beam Axles
Global Commercial Vehicle Axles Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Vehicle Axles Market Segment Percentages, by Application, 2021 (%)
– Bus
– Heavy and Mid Duty Truck
– Light Duty Truck
– Others
Global Commercial Vehicle Axles Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Commercial Vehicle Axles Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– Europe
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– Asia
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Commercial Vehicle Axles revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Commercial Vehicle Axles revenues share in global market, 2021 (%)
Key companies Commercial Vehicle Axles sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Commercial Vehicle Axles sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– AAM
– Meritor
– DANA
– PRESS KOGYO
– SAF-HOLLAND
– BPW Group
– MAN
– ZF
– Korea Flange
– RABA
– IJT Technology Holdings
– AxleTech International
– Dongfeng DANA
– Shaanxi HanDe
– FAW Heavy
– CNHTC
– Zoomlion
– Guangxi Fangsheng
– SG Automotive Group
– Qingte Group
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