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Global Commercial Vehicle Axle Market 2018-2022

Global Commercial Vehicle Axle Market 2018-2022

About Commercial Vehicle Axle

An axle is a central shaft used for rotating the wheels. It provides rotary power to the wheels from the engines. It also bears the weight of the vehicle.

Technavio’s analysts forecast the Global Commercial Vehicle Axle Market to grow at a CAGR of 5.04% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global commercial vehicle axle market. To calculate the market size, the report considers the revenue generated from the adoption of Commercial Vehicle Axle in LCV segment.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, global commercial vehicle axle market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • American Axle & Manufacturing
  • AXLETECH
  • Dana
  • Meritor
  • SAF-HOLLAND
Market driver
  • Rising demand for commercial vehicles in emerging countries
  • For a full, detailed list, view our report
Market challenge
  • Freight trains to replace commercial vehicles for transportation
  • For a full, detailed list, view our report
Market trend
  • Growing demand for e-axles in commercial vehicles
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Commercial Vehicle Axle Market 2018-2022

Technavio recognizes the following companies as the key players in the global commercial vehicle axle market: American Axle & Manufacturing, AXLETECH, Dana, Meritor, and SAF-HOLLAND.

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing demand for e-axles in commercial vehicles. There is a growing preference for e-axles in plug-in hybrid and battery electric vehicles, as these axles provide better load distribution, thereby improving fuel economy. OEMs are focusing on increasing fuel efficiency due to stringent emission norms and the growing popularity of fuel-efficient vehicles among the end-users.”

According to the report, one driver influencing this market is the rising demand for commercial vehicles in emerging countries. Increased connectivity of motorways and insufficient rail network in emerging countries such as India and China are driving road mode of freight transport. This is expected to drive the demand for additional commercial vehicles and induce OEMs to produce more commercial vehicle axles.

Further, the report states that one challenge affecting this market is the preference for freight trains to replace commercial vehicles for transportation. Freight transport by railways contributes far less emissions compared with road transport. Increasing preference for fuel-efficient and on-time transport for freight is driving the market for electric locomotive engines for freight transportation. Freight transportation by rail is estimated to be five times more fuel-efficient compared with freight transportation through road, as railways have the capacity to transport more cargo without being affected by traffic gridlock.

Companies Mentioned

American Axle & Manufacturing

AXLETECH

Dana

Meritor

SAF-HOLLAND

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Related market - Global automotive differential market
      • Table Global automotive differential market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global commercial vehicle axle market - Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global commercial vehicle axle market - Market size and forecast 2017-2022 (mn units)
      • Table Global commercial vehicle axle market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Global commercial vehicle axle market by Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • LCV - Market size and forecast 2017-2022
      • Table LCV - Market size and forecast 2017-2022 (mn units)
      • Table LCV - Year-over-year growth 2018-2022 (%)
    • M&HCV - Market size and forecast 2017-2022
      • Table M&HCV - Market size and forecast 2017-2022 (mn units)
      • Table M&HCV - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global commercial vehicle axle market - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 (mn units)
      • Table APAC - Year-over-year growth 2018-2022 (%)
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 (mn units)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 (mn units)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Percentage of CO2 emissions by mode of transport 2016 (% share)
      • Table Estimated fuel efficiency for rail freight transport in US 1995-2020 (number of ton-miles per gallon)
  • Market trends
    • Increasing preference for 6x2 axles
    • Growing demand for e-axles in commercial vehicles
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
  • Vendor analysis
    • Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • American Axle & Manufacturing
      • Table Vendor overview
      • Table American Axle & Manufacturing - Business segments
      • Table American Axle & Manufacturing - Organizational developments
      • Table American Axle & Manufacturing - Geographic focus
      • Table American Axle & Manufacturing - Segment focus
      • Table American Axle & Manufacturing - Key offerings
    • AXLETECH
      • Table Vendor overview
      • Table AXLETECH - Business segments
      • Table AXLETECH - Organizational developments
      • Table AXLETECH - Geographic focus
      • Table AXLETECH - Key offerings
    • Dana
      • Table Vendor overview
      • Table Dana - Business segments
      • Table Dana- Organizational developments
      • Table Dana - Geographic focus
      • Table Dana - Segment focus
      • Table Dana - Key offerings
    • Meritor
      • Table Vendor overview
      • Table Meritor - Business segments
      • Table Meritor - Organizational developments
      • Table Meritor - Geographic focus
      • Table Meritor - Segment focus
      • Table Meritor - Key offerings
    • SAF-HOLLAND
      • Table Vendor overview
      • Table SAF-HOLLAND - Business segments
      • Table SAF-HOLLAND- Organizational developments
      • Table SAF-HOLLAND - Geographic focus
      • Table SAF-HOLLAND - Segment focus
      • Table SAF-HOLLAND - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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