Automotive Axle and Propeller Shaft Market, By Product Type (Axle (Live axle, Dead axle, Tandem axle), Propeller shaft (Single-piece propeller shaft, Multi-piece propeller shaft)), By Vehicle Type, By Material, By Sales Channel, By Country, and By Region Global Industry Analysis, Market Size, Market Share & Forecast from 2025-2032
REPORT HIGHLIGHT
Automotive Axle and Propeller Shaft Market size was valued at US$ 28,989.12 Million in 2024, expanding at a CAGR of 3.5% from 2025 to 2032.
The axle and propeller shaft are critical elements of a vehicle’s power transmission system, ensuring the smooth transfer of torque from the engine to the wheels. These components significantly impact vehicle performance, efficiency, and safety. The axle serves as a central shaft that links the wheels, supports the vehicle’s weight, and facilitates wheel rotation, thereby maintaining stability and optimizing power distribution. On the other hand, the propeller shaft, commonly referred to as the drive shaft, is responsible for transmitting torque from the engine and transmission to the differential, which then powers the wheels. Together, these components enhance the overall functionality of a vehicle by enabling efficient torque delivery and seamless movement. Their proper design and maintenance are crucial for ensuring a reliable driving experience, as any malfunction in these parts can lead to reduced efficiency, compromised stability, and potential safety risks on the road.
Automotive Axle and Propeller Shaft Market- Market Dynamics
Ø Increasing global vehicle production and sales is anticipated to drive the growth of the market
As automakers expand their production capacities to meet rising consumer demand, the need for durable and efficient power transmission components, such as axles and propeller shafts, is also increasing. The global automotive industry is witnessing substantial production growth, particularly in emerging markets like China, India, and Southeast Asia, where rapid urbanization and industrial advancements are fueling vehicle demand. In 2022, global motor vehicle production reached 85.4 million units, marking a 5.7% increase compared to 2021. This infographic illustrates motor vehicle production figures for 2021 and 2022 across different regions, along with projections from World Motor Vehicle Production. Moreover, the adoption of advanced technologies presents potential growth opportunities for the market. However, challenges such as high manufacturing and maintenance costs could act as barriers to market expansion, potentially limiting the pace of growth despite rising demand for automobiles worldwide.
Automotive Axle and Propeller Shaft Market- Segmentation Analysis:
The Global Automotive Axle and Propeller Shaft Market is segmented based on Product Type, Vehicle Type, Material, Sales Channel, and Region.
The market is divided into two primary product categories: Axle and Propeller Shaft, with Axle dominating the sector. Alloy steels, including chromium and carbon steel, are widely used in the production of axles and propeller shafts due to their optimal balance of strength, flexibility, and resistance to wear and fatigue. These materials are particularly favored in high-performance vehicles, where their superior specific strength and modulus enhance overall durability and efficiency.
The market is categorized by Vehicle Type, which includes Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles, with Passenger Vehicles dominating the market. The Automotive Axle and Propeller Shaft Market is poised for continuous growth, driven by strong demand from the passenger vehicle segment. Ongoing technological advancements, coupled with strategic mergers and acquisitions, are expected to play a crucial role in shaping market trends. As automakers focus on enhancing vehicle performance, efficiency, and durability, innovations in axle and propeller shaft materials and manufacturing processes are gaining momentum.
The market is categorized into two segments based on material: Alloy and Carbon Fiber, with Alloy holding a dominant position. Frequently used in axle and propeller shaft production, alloy steels like chromium and carbon steel offer excellent flexibility, high strength, and resistance to wear and fatigue. While these materials are relatively heavier, they remain economically viable and provide the necessary structural integrity for standard applications. On the other hand, carbon fiber offers significant weight reduction benefits, enhancing fuel efficiency and overall vehicle performance. However, its higher material cost poses a challenge for widespread adoption.
The market is categorized into two segments according to the Sales Channel: OEM and Aftermarket, with the OEM segment leading in market share. Original Equipment Manufacturers (OEMs) play a pivotal role in shaping the automotive axle and propeller shaft market by driving demand, setting quality benchmarks, and fostering technological advancements. As key stakeholders, OEMs influence innovation, ensuring that components meet evolving industry standards and performance expectations. Their involvement extends to material selection, design optimization, and the integration of advanced manufacturing techniques, all of which contribute to enhanced durability, efficiency, and safety.
Automotive Axle and Propeller Shaft Market- Geographical Insights
The Asia Pacific region is at the forefront of market expansion, largely driven by the growing adoption of Electric Vehicles (EVs). Countries such as China, Japan, South Korea, and India are witnessing a surge in EV demand, fueling the need for lightweight, high-performance drivetrain components. According to the International Energy Agency, China registered 8.1 million new electric cars in 2023, reflecting a 35% increase from the previous year. In North America, market growth is propelled by advancements in automotive technology and the rising demand for commercial vehicles. Meanwhile, Europe is focusing on electrification and sustainability, creating a strong demand for energy-efficient and lightweight drivetrain components. As global regulations push for lower emissions and improved vehicle efficiency, manufacturers across regions are investing in innovative materials and technologies to enhance the performance and durability of automotive axles and propeller shafts.
Automotive Axle and Propeller Shaft Market- Competitive Landscape:
The automotive axle and propeller shaft market is highly competitive, with leading companies striving to strengthen their market position through strategic initiatives and technological advancements. Intense rivalry drives firms to invest heavily in research and development, focusing on the development of lightweight materials and innovative designs that enhance fuel efficiency and vehicle performance. Additionally, companies are expanding their global footprint by pursuing mergers, acquisitions, and partnerships to enter new markets and diversify their product offerings. These strategic moves enable businesses to stay ahead of evolving industry trends, meet regulatory requirements, and cater to the growing demand for high-performance drivetrain components. As competition intensifies, continuous innovation and global expansion remain key factors in maintaining a competitive edge within the market.
Recent Developments:
v The IFA Group is a rapidly expanding automotive supplier specializing in drive shafts and joints. With a strong focus on innovation and precision engineering, the company continues to expand its market presence while maintaining a commitment to excellence in manufacturing. Through strategic investments and partnerships, IFA aims to strengthen its position as a leading supplier in the global automotive sector.
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
GLOBAL AUTOMOTIVE AXLE AND PROPELLER SHAFT MARKET KEY PLAYERS- DETAILED COMPETITIVE INSIGHTS
Ø Meritor, Inc.
Ø ZF Friedrichshafen AG
Ø IFA Rotorion - Holding GmbH
Ø American Axle & Manufacturing Holdings, Inc.
Ø Gestamp
Ø Dana Incorporated
Ø GKN PLC
Ø Jtekt Corporation
Ø RSB Group
Ø Showa Corporation
Ø Hyundai Wia Corporation
Ø Melrose Industries PLC
Ø Automotive Axles Limited
Ø Mark Williams Enterprises Inc.
Ø White Technologies Inc.
Ø Johnson Power Ltd
Ø Wilson Drive Shafts
Ø Nexteer Automotive
Ø Bailey Morris Ltd.
Ø Others
GLOBAL AUTOMOTIVE AXLE AND PROPELLER SHAFT MARKET, BY PRODUCT TYPE- MARKET ANALYSIS, 2019 - 2032
Ø Axle
o Live axle
o Dead axle
o Tandem axle
Ø Propeller shaft
o Single-piece propeller shaft
o Multi-piece propeller shaft
GLOBAL AUTOMOTIVE AXLE AND PROPELLER SHAFT MARKET, BY VEHICLE TYPE- MARKET ANALYSIS, 2019 - 2032
Ø Passenger vehicles
Ø Light commercial vehicles
Ø Heavy commercial vehicles
GLOBAL AUTOMOTIVE AXLE AND PROPELLER SHAFT MARKET, BY MATERIAL- MARKET ANALYSIS, 2019 - 2032
Ø Alloy
Ø Carbon fiber
GLOBAL AUTOMOTIVE AXLE AND PROPELLER SHAFT MARKET, BY SALES CHANNEL- MARKET ANALYSIS, 2019 - 2032
Ø OEM
Ø Aftermarket
GLOBAL AUTOMOTIVE AXLE AND PROPELLER SHAFT MARKET, BY REGION- MARKET ANALYSIS, 2019 - 2032
Ø North America
o U.S.
o Canada
Ø Europe
o Germany
o UK
o France
o Italy
o Spain
o The Netherlands
o Sweden
o Russia
o Poland
o Rest of Europe
Ø Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o Indonesia
o Thailand
o Philippines
o Rest of APAC
Ø Latin America
o Brazil
o Mexico
o Argentina
o Colombia
o Rest of LATAM
Ø The Middle East and Africa
o Saudi Arabia
o UAE
o Israel
o Turkey
o Algeria
o Egypt
o Rest of MEA
TABLE OF CONTENT
1. Automotive Axle and Propeller Shaft Market Overview
1.1. Study Scope
1.2. Market Estimation Years
2. Executive Summary
2.1. Market Snippet
2.1.1. Automotive Axle and Propeller Shaft Market Snippet by Product Type
2.1.2. Automotive Axle and Propeller Shaft Market Snippet by Vehicle Type
2.1.3. Automotive Axle and Propeller Shaft Market Snippet by Material
2.1.4. Automotive Axle and Propeller Shaft Market Snippet by Sales Channel
2.1.5. Automotive Axle and Propeller Shaft Market Snippet by Country
2.1.6. Automotive Axle and Propeller Shaft Market Snippet by Region
2.2. Competitive Insights
3. Automotive Axle and Propeller Shaft Key Market Trends
3.1. Automotive Axle and Propeller Shaft Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Automotive Axle and Propeller Shaft Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Automotive Axle and Propeller Shaft Market Opportunities
3.4. Automotive Axle and Propeller Shaft Market Future Trends
4. Automotive Axle and Propeller Shaft Industry Study
4.1. PEST Analysis
4.2. Porter’s Five Forces Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. Automotive Axle and Propeller Shaft Market: Impact of Escalating Geopolitical Tensions
5.1. Impact of COVID-19 Pandemic
5.2. Impact of Russia-Ukraine War
5.3. Impact of Middle East Conflicts
6. Automotive Axle and Propeller Shaft Market Landscape
6.1. Automotive Axle and Propeller Shaft Market Share Analysis, 2024
6.2. Breakdown Data, by Key Manufacturer
6.2.1. Established Players’ Analysis
6.2.2. Emerging Players’ Analysis
7. Automotive Axle and Propeller Shaft Market – By Product Type
7.1. Overview
7.1.1. Segment Share Analysis, By Product Type, 2024 & 2032 (%)
7.1.2. Axle
7.1.2.1. Live axle
7.1.2.2. Dead axle
7.1.2.3. Tandem axle
7.1.3. Propeller shaft
7.1.3.1. Single piece propeller shaft
7.1.3.2. Multi piece propeller shaft
8. Automotive Axle and Propeller Shaft Market – By Vehicle Type
8.1. Overview
8.1.1. Segment Share Analysis, By Vehicle Type, 2024 & 2032 (%)
8.1.2. Passenger vehicles
8.1.3. Light commercial vehicles
8.1.4. Heavy commercial vehicles
9. Automotive Axle and Propeller Shaft Market – By Material
9.1. Overview
9.1.1. Segment Share Analysis, By Material, 2024 & 2032 (%)
9.1.2. Alloy
9.1.3. Carbon fiber
10. Automotive Axle and Propeller Shaft Market – By Sales Channel
10.1. Overview
10.1.1. Segment Share Analysis, By Sales Channel, 2024 & 2032 (%)
10.1.2. OEM
10.1.3. Aftermarket
11. Automotive Axle and Propeller Shaft Market– By Geography
11.1. Introduction
11.1.1. Segment Share Analysis, By Geography, 2024 & 2032 (%)
11.2. North America
11.2.1. Overview
11.2.2. Automotive Axle and Propeller Shaft Key Manufacturers in North America
11.2.3. North America Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
11.2.4. North America Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.2.5. North America Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.2.6. North America Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.2.7. North America Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.2.8. U.S.
11.2.8.1. Overview
11.2.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.8.3. U.S. Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.2.8.4. U.S. Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.2.8.5. U.S. Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.2.8.6. U.S. Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.2.9. Canada
11.2.9.1. Overview
11.2.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.2.9.3. Canada Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.2.9.4. Canada Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.2.9.5. Canada Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.2.9.6. Canada Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3. Europe
11.3.1. Overview
11.3.2. Automotive Axle and Propeller Shaft Key Manufacturers in Europe
11.3.3. Europe Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
11.3.4. Europe Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.5. Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.6. Europe Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.7. Europe Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.8. Germany
11.3.8.1. Overview
11.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.8.3. Germany Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.8.4. Germany Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.8.5. Germany Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.8.6. Germany Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.9. UK
11.3.9.1. Overview
11.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.9.3. UK Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.9.4. UK Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.9.5. UK Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.9.6. UK Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.10. France
11.3.10.1. Overview
11.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.10.3. France Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.10.4. France Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.10.5. France Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.10.6. France Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.11. Italy
11.3.11.1. Overview
11.3.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.11.3. Italy Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.11.4. Italy Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.11.5. Italy Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.11.6. Italy Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.12. Spain
11.3.12.1. Overview
11.3.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.12.3. Spain Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.12.4. Spain Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.12.5. Spain Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.12.6. Spain Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.13. The Netherlands
11.3.13.1. Overview
11.3.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.13.3. The Netherlands Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.13.4. The Netherlands Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.13.5. The Netherlands Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.13.6. The Netherlands Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.14. Sweden
11.3.14.1. Overview
11.3.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.14.3. Sweden Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.14.4. Sweden Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.14.5. Sweden Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.14.6. Sweden Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.15. Russia
11.3.15.1. Overview
11.3.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.15.3. Russia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.15.4. Russia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.15.5. Russia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.15.6. Russia Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.16. Poland
11.3.16.1. Overview
11.3.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.16.3. Poland Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.16.4. Poland Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.16.5. Poland Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.16.6. Poland Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.3.17. Rest of Europe
11.3.17.1. Overview
11.3.17.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.3.17.3. Rest of the Europe Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.3.17.4. Rest of the Europe Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.3.17.5. Rest of the Europe Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.3.17.6. Rest of the Europe Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4. Asia Pacific (APAC)
11.4.1. Overview
11.4.2. Automotive Axle and Propeller Shaft Key Manufacturers in Asia Pacific
11.4.3. APAC Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
11.4.4. APAC Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.5. APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.6. APAC Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.7. APAC Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.8. China
11.4.8.1. Overview
11.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.8.3. China Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.8.4. China Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.8.5. China Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.8.6. China Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.9. India
11.4.9.1. Overview
11.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.9.3. India Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.9.4. India Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.9.5. India Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.9.6. India Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.10. Japan
11.4.10.1. Overview
11.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.10.3. Japan Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.10.4. Japan Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.10.5. Japan Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.10.6. Japan Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.11. South Korea
11.4.11.1. Overview
11.4.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.11.3. South Korea Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.11.4. South Korea Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.11.5. South Korea Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.11.6. South Korea Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.12. Australia
11.4.12.1. Overview
11.4.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.12.3. Australia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.12.4. Australia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.12.5. Australia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.12.6. Australia Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.13. Indonesia
11.4.13.1. Overview
11.4.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.13.3. Indonesia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.13.4. Indonesia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.13.5. Indonesia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.13.6. Indonesia Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.14. Thailand
11.4.14.1. Overview
11.4.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.14.3. Thailand Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.14.4. Thailand Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.14.5. Thailand Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.14.6. Thailand Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.15. Philippines
11.4.15.1. Overview
11.4.15.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.15.3. Philippines Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.15.4. Philippines Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.15.5. Philippines Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.15.6. Philippines Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.4.16. Rest of APAC
11.4.16.1. Overview
11.4.16.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.4.16.3. Rest of APAC Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.4.16.4. Rest of APAC Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.4.16.5. Rest of APAC Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.4.16.6. Rest of APAC Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.5. Latin America (LATAM)
11.5.1. Overview
11.5.2. Automotive Axle and Propeller Shaft Key Manufacturers in Latin America
11.5.3. LATAM Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
11.5.4. LATAM Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.5.5. LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.5.6. LATAM Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.5.7. LATAM Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.5.8. Brazil
11.5.8.1. Overview
11.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.5.8.3. Brazil Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.5.8.4. Brazil Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.5.8.5. Brazil Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.5.8.6. Brazil Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.5.9. Mexico
11.5.9.1. Overview
11.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.5.9.3. Mexico Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.5.9.4. Mexico Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.5.9.5. Mexico Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.5.9.6. Mexico Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.5.10. Argentina
11.5.10.1. Overview
11.5.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.5.10.3. Argentina Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.5.10.4. Argentina Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.5.10.5. Argentina Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.5.10.6. Argentina Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.5.11. Colombia
11.5.11.1. Overview
11.5.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.5.11.3. Colombia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.5.11.4. Colombia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.5.11.5. Colombia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.5.11.6. Colombia Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.5.12. Rest of LATAM
11.5.12.1. Overview
11.5.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.5.12.3. Rest of LATAM Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.5.12.4. Rest of LATAM Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.5.12.5. Rest of LATAM Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.5.12.6. Rest of LATAM Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6. Middle East and Africa (MEA)
11.6.1. Overview
11.6.2. Automotive Axle and Propeller Shaft Key Manufacturers in Middle East and Africa
11.6.3. MEA Market Size and Forecast, By Country, 2019 - 2032 (US$ Million)
11.6.4. MEA Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.5. MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.6. MEA Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.7. MEA Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.8. Saudi Arabia
11.6.8.1. Overview
11.6.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.8.3. Saudi Arabia Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.8.4. Saudi Arabia Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.8.5. Saudi Arabia Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.8.6. Saudi Arabia Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.9. United Arab Emirates
11.6.9.1. Overview
11.6.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.9.3. United Arab Emirates Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.9.4. United Arab Emirates Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.9.5. United Arab Emirates Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.9.6. United Arab Emirates Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.10. Israel
11.6.10.1. Overview
11.6.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.10.3. Israel Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.10.4. Israel Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.10.5. Israel Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.10.6. Israel Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.11. Turkey
11.6.11.1. Overview
11.6.11.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.11.3. Turkey Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.11.4. Turkey Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.11.5. Turkey Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.11.6. Turkey Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.12. Algeria
11.6.12.1. Overview
11.6.12.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.12.3. Algeria Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.12.4. Algeria Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.12.5. Algeria Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.12.6. Algeria Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.13. Egypt
11.6.13.1. Overview
11.6.13.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.13.3. Egypt Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.13.4. Egypt Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.13.5. Egypt Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.13.6. Egypt Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
11.6.14. Rest of MEA
11.6.14.1. Overview
11.6.14.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2019 - 2032, (US$ Million)
11.6.14.3. Rest of MEA Market Size and Forecast, By Product Type, 2019 - 2032 (US$ Million)
11.6.14.4. Rest of MEA Market Size and Forecast, By Vehicle Type, 2019 - 2032 (US$ Million)
11.6.14.5. Rest of MEA Market Size and Forecast, By Material, 2019 - 2032 (US$ Million)
11.6.14.6. Rest of MEA Market Size and Forecast, By Sales Channel, 2019 - 2032 (US$ Million)
12. Key Vendor Analysis- Automotive Axle and Propeller Shaft Industry
12.1. Competitive Dashboard
12.1.1. Competitive Benchmarking
12.1.2. Competitive Positioning
12.2. Company Profiles
12.2.1. Meritor, Inc.
12.2.2. ZF Friedrichshafen AG
12.2.3. IFA Rotorion - Holding GmbH
12.2.4. American Axle & Manufacturing Holdings, Inc.
12.2.5. Gestamp
12.2.6. Dana Incorporated
12.2.7. GKN PLC
12.2.8. Jtekt Corporation
12.2.9. RSB Group
12.2.10. Showa Corporation
12.2.11. Hyundai Wia Corporation
12.2.12. Melrose Industries PLC
12.2.13. Automotive Axles Limited
12.2.14. Mark Williams Enterprises Inc.
12.2.15. White Technologies Inc.
12.2.16. Johnson Power Ltd
12.2.17. Wilson Drive Shafts
12.2.18. Nexteer Automotive
12.2.19. Bailey Morris Ltd.
12.2.20. Others
13. 360 Degree AnalystView
14. Appendix
14.1. Research Methodology
14.2. References
14.3. Abbreviations
14.4. Disclaimer
14.5. Contact Us
