New York, NY -- (SBWire) -- 02/09/2021 --Axles are one of the most important parts of any vehicle, which keeps the wheel in a constant position with respect to the vehicle body and transmits driving torque to the wheels. The automotive rear axles are a combination of both dead and drive axles. These axles help in shock absorption, which is caused due to irregular road surfaces.
Get a Sample of the Report @ https://www.reportsanddata.com/sample-enquiry-form/981
Key players in the global Automotive Rear Axles market:
- American Axle & Manufacturing
- Talbros Engineering Limited
- GNA Enterprises Ltd.
- Automotive Axles Limited
- Meritor Inc.
- ROC Spicer Ltd
- Dana Incorporated
- ZF Chassis Systems Tuscaloosa LLC
- Seohan
- Hefei AAM
Market Drivers
One of the major driving factors for the growth of the automotive rear axle market is the demand for heavy-duty commercial vehicles. With rapid urbanization and infrastructure development, the need for these heavy-duty vehicles that have automotive axles installed in them is increasing. The need for reducing carbon emissions and less use of fossil fuels by the government's across the globe is promoting investment in electric vehicles. These types of initiatives are boosting the global automotive rear axle market growth. Technological advancements in the automotive axle sector are promoting the adoption of lightweight axles in hybrid and electric vehicles, which are driving the global market growth. The high cost associated with raw materials and production processes of automotive rear axles is one of the major restraints for market growth.
Market segment based on Product:
- Three Quarter Floating Axle
- Semi Floating Axle/Half Floating Axle
- Fully Floating Rear Axle
Market segment based on Application:
- Passenger Vehicles
- Coach Cars
- Heavy Commercial Vehicles
- Light Commercial Vehicles
- SUV
- Off-Road Vehicles
Get Discount on the Report @ https://www.reportsanddata.com/discount-enquiry-form/981
Regional Landscape
Asia Pacific was the largest regional market for automotive rear axles globally owing to increasing urbanization and the rising demand for passenger and commercial vehicles. North America and Europe are expected to show gradual growth during the forecast period because of the presence of major automobile players in the region and technological advancements.
Objectives of the Report:
- Study of the global Automotive Rear Axles market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
- Industrial structure analysis of the Automotive Rear Axles market by identification of various sub-segments
- Extensive analysis of key market players along with their SWOT analysis
- Competitive analysis
- Analysis of Automotive Rear Axles market based on growth trends, outlook, and contribution to the total growth of the market
- Analysis of drivers, constraints, opportunities, challenges, and risks in the global Automotive Rear Axles market
- Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
Table of content:
1 Automotive Rear Axles Market Overview
1.1 Product Overview and Scope of Automotive Rear Axles
1.2 Classification of Automotive Rear Axles by Product Category
2 Global Automotive Rear Axles Competition by Players/Suppliers, Type and Application
2.1 Global Automotive Rear Axles Market Competition by Players/Suppliers
3 United States Automotive Rear Axles (Volume, Value and Sales Price)
3.1 United States Automotive Rear Axles Sales and Value (2013-2018)
3.1.1 United States Automotive Rear Axles Sales and Growth Rate (2013-2018)
4 China Automotive Rear Axles (Volume, Value and Sales Price)
4.1 China Automotive Rear Axles Sales and Value (2013-2018)
4.1.1 China Automotive Rear Axles Sales and Growth Rate (2013-2018)
Continued…
Access Full Report Description, TOC, Table of Figure, Chart, etc. @ https://www.reportsanddata.com/report-detail/automotive-rear-axles-market
Thank you for reading our report. Customization of the report is available according to the requirements of the clients. Kindly get in touch with us to know more about the report, and our team will ensure the report is tailored according to your needs.
About Reports and Data:
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client's make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market.
Contact Us:
John W
Head of Business Development
40 Wall St. 28th floor New York City
NY 10005 United States
Direct Line: +1-212-710-1370
Related Report:
1. Specialty Paper Market Demand
2. Fiber Optic Cable Market Growth
3. DNA Microarray Market Demand
4. UV Curable Resins & Formulated Products Market Forecast
5. Bitumen Market Demand
6. Isobutane Market Growth
Automotive Rear Axles Market Growth, Industry Analysis : Global and Regional Market Forecast to 2021-2027 : GNA Enterprises Ltd., Automotive Axles Limited, Meritor
A closer look at the aspects including but not limited to Automotive Rear Axles Market segmentation by the end-user, end-use, geography, type, and application forms an integral part of the research report.