Lewes, DE -- (SBWIRE) -- 07/31/2018 -- Trailer Axle market will register a 5.5% CAGR in terms of revenue, reach US$ 1650 million by 2023, from US$ 1200 million in 2017.

This report studies the Trailer Axle market. An axle is a central shaft for a rotating wheel or gear. On wheeled vehicles, the axle may be fixed to the wheels, rotating with them, or fixed to the vehicle, with the wheels rotating around the axle. In the former case, bearings or bushings are provided at the mounting points where the axle is supported.

In the latter case, a bearing or bushing sits inside a central hole in the wheel to allow the wheel or gear to rotate around the axle. Sometimes, especially on bicycles, the latter type axle is referred to as a spindle.

In the last several years, global market of trailer axle developed stably, with an average growth rate of 7.91%. In 2016, global revenue of trailer axle is nearly 1133.01 M USD; the actual production is about 5546.7 K Units.

The global average price of trailer axle is in the decreasing trend, from 224.9 USD/Unit in 2012 to 204.3 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

USA region is the largest supplier of trailer axle, with a production market share about 31.99% in 2016. EU is the second largest supplier of trailer axle, enjoying production market share nearly 31.81% in 2016.

Over the next five years,study projects that Trailer Axle will register a 5.5% CAGR in terms of revenue, reach US$ 1650 million by 2023, from US$ 1200 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
DexKo
Meritor
BPW Group
Fuwa-K-Hitch
JOST Axle Systems
SAF-HOLLAND
Hendrickson
Shandong Huayue
TND Trailer Axle

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Capacity: Lower than 8,000 lbs
Capacity: 8,000-15,000 lbs
Capacity: 15,000-25,000 lbs
Capacity: More Than 25,000 lbs

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
For Light Weight Trailers (Smaller than semi-truck trailers)
For Medium Weight Trailers
For Heavy Trailers (Larger than 10,000 lbs)

Spanning over 123 pages "Forecast of Global Trailer Axle Market 2023" report covers Trailer Axle Market Overview, Global Trailer Axle Sales, Revenue (Value) and Market Share by Players, Global Trailer Axle Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Trailer Axle Sales, Revenue and Price, Europe Top 5 Players Trailer Axle Sales, Revenue and Price, Asia-Pacific Top 5 Players Trailer Axle Sales, Revenue and Price, South America Top 5 Players Trailer Axle Sales, Revenue and Price, Middle East & Africa Top 5 Players Trailer Axle Sales, Revenue and Price, Global Trailer Axle Players Profiles/Analysis, Global Trailer Axle Market Forecast (2018-2023), Trailer Axle Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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