Axle & Transaxle Manufacturing - Industry Market Research Report

Axle & Transaxle Manufacturing

The Axle and Transaxle Manufacturing industry has experienced marginal growth over the five years to 2019. While new car sales have tapered in recent years, increased access to credit, as well as growing disposable income, has incentivized light-vehicle manufacturers to enhance production of light-duty vehicles. As a result, more industry-relevant goods are needed for these vehicles to drive and function properly. Consequently, industry revenue is expected to increase. Industry revenue has been further aided as automakers have shifted production schedules to manufacture more light trucks as opposed to sedans and compact cars. As fuel prices have declined during much of the period, consumers have consistently demanded more trucks and SUVs, and automakers have shifted production schedules accordingly. Over the five years to 2024, revenue for the Axle and Transaxle Manufacturing industry is anticipated to sustain similar growth. Strong macroeconomic conditions are expected to persist and new car sales are anticipated to tick higher, aiding industry revenue. Furthermore, increasing steel prices may enable axle manufacturers to charge a higher price point to downstream automakers for these powertrain components.

This industry manufactures axles and transaxles for motor vehicles. Axles connect two parallel wheels while transaxles combine the functions of the axle, differential and transmission. Axles and transaxles are used primarily by automakers and heavy-duty truck manufacturers.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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