Global Axle & Propeller Shaft Supply, Demand and Key Producers, 2026-2032

The global Axle & Propeller Shaft market size is expected to reach $ million by 2032, rising at a market growth of %CAGR during the forecast period (2026-2032).

Axle & Shaft is a mechanical part that translates the torque generated by a vehicle"s engine into usable motive force to propel the vehicle. Axle & Shaft can be divided into propeller shaft, Rear Axle and Front Axle. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.

In this report, the data we provide is about both the propeller shafts and half shafts.

In the Indian market, the major producers are GKN, AAL, NTN, Dana, Nexteer, GNA Enterprises, Sona Group, Hyundai-WIA, Talbros Engineering and AAM.

This report studies the global Axle & Propeller Shaft production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Axle & Propeller Shaft and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Axle & Propeller Shaft that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Axle & Propeller Shaft total production and demand, 2021-2032, (K Units)

Global Axle & Propeller Shaft total production value, 2021-2032, (USD Million)

Global Axle & Propeller Shaft production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)

Global Axle & Propeller Shaft consumption by region & country, CAGR, 2021-2032 & (K Units)

U.S. VS China: Axle & Propeller Shaft domestic production, consumption, key domestic manufacturers and share

Global Axle & Propeller Shaft production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)

Global Axle & Propeller Shaft production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

Global Axle & Propeller Shaft production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)

This report profiles key players in the global Axle & Propeller Shaft market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include GKN, AAL, NTN, Dana, Nexteer, GNA Enterprises, Sona Group, Hyundai-Wia, Talbros Engineering, AAM, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Axle & Propeller Shaft market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (USD/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global Axle & Propeller Shaft Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Axle & Propeller Shaft Market, Segmentation by Type:
Propeller Shaft
Rear Axle
Front Axle

Global Axle & Propeller Shaft Market, Segmentation by Application:
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)

Companies Profiled:
GKN
AAL
NTN
Dana
Nexteer
GNA Enterprises
Sona Group
Hyundai-Wia
Talbros Engineering
AAM

Key Questions Answered:

1. How big is the global Axle & Propeller Shaft market?

2. What is the demand of the global Axle & Propeller Shaft market?

3. What is the year over year growth of the global Axle & Propeller Shaft market?

4. What is the production and production value of the global Axle & Propeller Shaft market?

5. Who are the key producers in the global Axle & Propeller Shaft market?

6. What are the growth factors driving the market demand? Show more