Axle & Propeller Shaft For Automotive Market
Axle & Propeller Shaft For Automotive Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Axle & Propeller Shaft For Automotive Market Size and Growth
The global Axle & Propeller Shaft For Automotive market is expected to reach a value of USD xx million by 2026, growing at a CAGR of xx% from 2021 to 2026.
Key factors driving market growth include increasing demand for lightweight and fuel-efficient vehicles, technological advancements in automotive components, and the growing automotive industry worldwide.
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Companies Covered (Covid 19 Impact Covered)
◍ Dana Corporation
◍ IFA Rotorion
◍ Meritor
◍ Korea Flange
◍ ZF Friedrichshafen
◍ Showa Corporation
◍ JTEKT Corporation
◍ Hyundai Wia Corporation
◍ GKN-Walterscheid
◍ American Axle & Manufacturing
◍ Gelenkwellen-Service
The competitive landscape of the Axle & Propeller Shaft For Automotive Market includes Dana Corporation, IFA Rotorion, Meritor, Korea Flange, ZF Friedrichshafen, Showa Corporation, JTEKT Corporation, Hyundai Wia Corporation, GKN-Walterscheid, American Axle & Manufacturing, and Gelenkwellen-Service. These companies manufacture, supply, and distribute axle and propeller shafts for automotive applications, contributing to the growth of the market.
- Dana Corporation has sales revenue of $8.62 billion.
- Meritor has sales revenue of $4.43 billion.
- ZF Friedrichshafen has sales revenue of $36.31 billion.
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Market Segmentation
By Application
◍ Passenger Vehicles
◍ Cemmercial Vehicles
By Product
◍ Front Axle
◍ Rear axle
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$ X Billion USD
Market Growth
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