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Global Truck Axle Market 2019-2023

Global Truck Axle Market 2019-2023

About this market

Development of intelligent truck axle to drive growth in the market. The demand for the increase in fuel efficiency is one of the important factors considered during the development of a new technology. Technavio’s analysts have predicted that the truck axle market will register a CAGR of over 4% by 2023.

Market Overview

Improvements in supply chain strategies

The strategies in the upstream side of supply chain would reduce the cost at all stages of value chain, which is expected to drive the global truck axle market.

High manufacture cost of medium and heavy-duty truck

The incorporation of advanced technologies in heavy-duty trucks is increasing the manufacturing cost, which is partially being transferred to the end-users. This is decreasing the sales of new trucks with high price, which affects the growth of the medium and heavy truck axle market.

For the detailed list of factors that will drive and challenge the growth of the truck axle market during the 2019-2023, view our report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including AXLETECH and Dana the competitive environment is quite intense. Factors such as the improvements in supply chain strategies and the development of intelligent truck axle, will provide considerable growth opportunities to truck axle manufactures. American Axle & Manufacturing, AXLETECH, Dana, Meritor, and SAF-HOLLAND GROUP are some of the major companies covered in this report.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Truck Axle Market 2019-2023

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is the development of intelligent truck axle.”

According to the report, one of the major drivers for this market is the improvements in supply chain strategies.

Further, the report states that one of the major factors hindering the growth of this market is the high manufacture cost of medium and heavy-duty truck.

Companies Mentioned

American Axle & Manufacturing
AXLETECH
Dana
Meritor
SAF-HOLLAND GROUP

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global automotive components market
      • Table Segments of global automotive components 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 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ billions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • 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 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Light-duty trucks - Market size and forecast 2018-2023
      • Table Light-duty trucks - Market size and forecast 2018-2023 ($ billions)
      • Table Light-duty trucks - Year-over-year growth 2019-2023 (%)
    • Heavy-duty trucks - Market size and forecast 2018-2023
      • Table Heavy-duty trucks - Market size and forecast 2018-2023 ($ billions)
      • Table Heavy-duty trucks - Year-over-year growth 2019-2023 (%)
    • Medium-duty trucks - Market size and forecast 2018-2023
      • Table Medium-duty trucks - Market size and forecast 2018-2023 ($ billions)
      • Table Medium-duty trucks - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ billions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ billions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ billions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development of modular rear axle system
    • Increase in popularity of e-axle system
    • Development of intelligent truck axle
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • American Axle & Manufacturing
      • Table American Axle & Manufacturing - 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 AXLETECH - Vendor overview
      • Table AXLETECH - Product segments
      • Table AXLETECH - Organizational developments
      • Table AXLETECH - Key offerings
    • Dana
      • Table Dana - Vendor overview
      • Table Dana - Business segments
      • Table Dana - Organizational developments
      • Table Dana - Geographic focus
      • Table Dana - Segment focus
      • Table Dana - Key offerings
    • Meritor
      • Table Meritor - Vendor overview
      • Table Meritor - Business segments
      • Table Meritor - Organizational developments
      • Table Meritor - Geographic focus
      • Table Meritor - Segment focus
      • Table Meritor - Key offerings
    • SAF-HOLLAND GROUP
      • Table SAF-HOLLAND GROUP - Vendor overview
      • Table SAF-HOLLAND GROUP - Business segments
      • Table SAF-HOLLAND GROUP - Organizational developments
      • Table SAF-HOLLAND GROUP - Geographic focus
      • Table SAF-HOLLAND GROUP - Segment focus
      • Table SAF-HOLLAND GROUP - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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