Global Axle Shaft Supply, Demand and Key Producers, 2026-2032
Description
The global Axle Shaft market size is expected to reach $ 18910 million by 2032, rising at a market growth of 1.6% CAGR during the forecast period (2026-2032).
An axle is a part of the transmission assembly of an automobile. The main purpose of an axle is to bear the weight of the vehicle and also maintain the position of wheels relative to each other and to the vehicle body. Axles can either be live-axles or non-driving axles. In an automobile, live axles help in transmitting the power from engine on to wheels via the drive shaft.
The major players in global Axle Shaft market include GKN, NTN, SDS, etc. The top 3 players occupy about 45% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. Half Shaft is the main type, with a share about 75%. Passenger Vehicle (Ex. SUV) is the main application, which holds a share about 60%.
This report studies the global Axle Shaft production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Axle 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 Shaft that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Axle Shaft total production and demand, 2021-2032, (K Units)
Global Axle Shaft total production value, 2021-2032, (USD Million)
Global Axle Shaft production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Axle Shaft consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Axle Shaft domestic production, consumption, key domestic manufacturers and share
Global Axle Shaft production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Axle Shaft production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Axle Shaft production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Axle 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, NTN, SDS, Dana, Nexteer, Hyundai-Wia, IFA Rotorion, Meritor, AAM, Neapco, 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 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 Shaft Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Axle Shaft Market, Segmentation by Type:
Propeller Shaft
Half Shaft
Axle Shaft
Global Axle Shaft Market, Segmentation by Application:
Passenger Vehicle (Ex. SUV)
SUV & Truck
Commercial Vehicle (Ex. Truck)
Companies Profiled:
GKN
NTN
SDS
Dana
Nexteer
Hyundai-Wia
IFA Rotorion
Meritor
AAM
Neapco
JTEKT
Yuandong
Wanxiang
Showa
Lingyun
Guansheng
GNA Enterprises
Fawer
Hengli
Danchuan
Lantong
Talbros Engineering
Dongfeng
Golden
Sinotruk
Key Questions Answered:
1. How big is the global Axle Shaft market?
2. What is the demand of the global Axle Shaft market?
3. What is the year over year growth of the global Axle Shaft market?
4. What is the production and production value of the global Axle Shaft market?
5. Who are the key producers in the global Axle Shaft market?
6. What are the growth factors driving the market demand?
An axle is a part of the transmission assembly of an automobile. The main purpose of an axle is to bear the weight of the vehicle and also maintain the position of wheels relative to each other and to the vehicle body. Axles can either be live-axles or non-driving axles. In an automobile, live axles help in transmitting the power from engine on to wheels via the drive shaft.
The major players in global Axle Shaft market include GKN, NTN, SDS, etc. The top 3 players occupy about 45% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. Half Shaft is the main type, with a share about 75%. Passenger Vehicle (Ex. SUV) is the main application, which holds a share about 60%.
This report studies the global Axle Shaft production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Axle 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 Shaft that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Axle Shaft total production and demand, 2021-2032, (K Units)
Global Axle Shaft total production value, 2021-2032, (USD Million)
Global Axle Shaft production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Axle Shaft consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Axle Shaft domestic production, consumption, key domestic manufacturers and share
Global Axle Shaft production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Axle Shaft production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Axle Shaft production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Axle 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, NTN, SDS, Dana, Nexteer, Hyundai-Wia, IFA Rotorion, Meritor, AAM, Neapco, 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 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 Shaft Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Axle Shaft Market, Segmentation by Type:
Propeller Shaft
Half Shaft
Axle Shaft
Global Axle Shaft Market, Segmentation by Application:
Passenger Vehicle (Ex. SUV)
SUV & Truck
Commercial Vehicle (Ex. Truck)
Companies Profiled:
GKN
NTN
SDS
Dana
Nexteer
Hyundai-Wia
IFA Rotorion
Meritor
AAM
Neapco
JTEKT
Yuandong
Wanxiang
Showa
Lingyun
Guansheng
GNA Enterprises
Fawer
Hengli
Danchuan
Lantong
Talbros Engineering
Dongfeng
Golden
Sinotruk
Key Questions Answered:
1. How big is the global Axle Shaft market?
2. What is the demand of the global Axle Shaft market?
3. What is the year over year growth of the global Axle Shaft market?
4. What is the production and production value of the global Axle Shaft market?
5. Who are the key producers in the global Axle Shaft market?
6. What are the growth factors driving the market demand?
Table of Contents
157 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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Currency Rates
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