Global Commercial Vehicle Axles Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Commercial Vehicle Axles market size was valued at US$ 46960 million in 2024 and is forecast to a readjusted size of USD 55130 million by 2031 with a CAGR of 2.3% during review period.

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.

Global Commercial Vehicle Axles key players include AAM, Meritor, DANA, BPW Group, PRESS KOGYO, etc. Global top five manufacturers hold a share over 20%.

North America is the largest market, with a share over 35%, followed by Europe and Asia (China Excluded), both have a share over 35%.

In terms of product, Rear Beam Axles is the largest segment, with a share over 70%. And in terms of application, the largest application is Light Duty Truck, followed by Heavy and Mid Duty Truck, Bus, etc.

This report is a detailed and comprehensive analysis for global Commercial Vehicle Axles market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Commercial Vehicle Axles market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Commercial Vehicle Axles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Commercial Vehicle Axles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2020-2031

Global Commercial Vehicle Axles market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Commercial Vehicle Axles

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Commercial Vehicle Axles market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include AAM, Meritor, DANA, PRESS KOGYO, SAF-HOLLAND, BPW Group, MAN, ZF, Korea Flange, RABA, etc.

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

Market Segmentation

Commercial Vehicle Axles market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Front Axles
Rear Beam Axles

Market segment by Application
Bus
Heavy and Mid Duty Truck
Light Duty Truck
Others

Major players covered
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

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Commercial Vehicle Axles product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Commercial Vehicle Axles, with price, sales quantity, revenue, and global market share of Commercial Vehicle Axles from 2020 to 2025.

Chapter 3, the Commercial Vehicle Axles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Commercial Vehicle Axles breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Commercial Vehicle Axles market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial Vehicle Axles.

Chapter 14 and 15, to describe Commercial Vehicle Axles sales channel, distributors, customers, research findings and conclusion.