Growth in Vehicle Production, Coupled with Change in End User Preference and Technological Advancements to Drive Global Axle & Propeller Shaft Market over the Forecast Period: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit According to study, “Global Axle & Propeller Shaft Market Analysis 2013-2018 and Forecast 2019-2024” some of the key companies currently operating in the global axle & propeller shaft market areAmerican Axle & Manufacturing Holdings, AAL, GKN Plc, RSB Group, Dana Inc., Jtekt Corp., Showa Corp., NTN, Meritor Inc., GNA Enterprises, Nexteer Automotive, Gestamp, IFA Rotorian Holding GmbH, Talbros Engineering, Sona Group, Hyundai-Wia Corp., Bailey Morris limited, Wilson drive shafts, Korea Flange Co. Ltd. (KOFCO), Neapco Inc., ZF Friedrichshafen AG, AAM (American Axle & Manufacturing Holdings), CIE Automotive USA, Inc., Dexter Axle Company, Colfor Manufacturing, Inc., Fabco Automotive Corporation, Sypris Technologies, LLC, NTK Precision Axle Corporation, Westport Axle Corporation, Magna International Inc. Axle & propeller shaft are the mechanical or automatic part which converts torque generated by vehicle’s engine used by the motive force to drive the vehicle. It is divided into front axle & propeller shaft and rear axle & propeller shaft. The classification of axle depends on the position & function of axle. The commercial vehicles for instance medium duty trucks, heavy trucks, and buses may assimilate more than two live axles depending on the relevance and role of the vehicle, while most of the passenger cars are incorporated with one live axle & one dead axle. Propeller shaft also called drive shaft is used to transfer torque from an engine to the discrepancy of the vehicle. Based on type, global axle market is segmented into live axle, dead axle and tandem axle. Based on position, market is defined as front axle and rear axle. Based on type, propeller shaft market is segmented into single piece propeller shaft, multi piece propeller shaft and slip in tube. Based on the position, this market is segmented into rear propeller shaft, front propeller shaft and inter-axle propeller shaft. Based on material, market is divided into carbon fiber propeller shaft and alloy propeller shaft. Based on vehicle type, market is segmented into passenger cars, two wheeler vehicle and commercial vehicle. The passenger car segment is expected to maintain its prevailing position owing to increase in number of HEV, BEV, and conventional fuel cars. In addition, a two-wheeler segment is also expected to witness the high growth rate due to increase in number of electric & conventional two wheelers in developing economies, like China, Brazil and India. The global axle & propeller shaft is primarily driven by growth in vehicle production, followed by changing end user preference and technological advancements. Apart from benefits, some of the hindering factors include pricing pressure & fluctuating prices of raw materials, weight & cost reduction and vehicle recall & regulatory concerns. In the new opportunities include growing market for All Wheel Drive (AWD) vehicles, ongoing trend for e-mobility and growing demand for aluminum propeller shaft. The global axle & propeller shaft market is driven by China & India with the sustainable necessities for the aftermarket elements, emergent sale of heavy commercial motor vehicles in these regions is expected to boost revenue of the market. In addition, the commercial vehicle segment is projected to witness the robust growth in the North American region as an account of increase in public transport infrastructure during the forecast period. For more information on the research report, refer to below link: Global Axle and Propeller Shaft Market Analysis Contact Us:- Ken Research Ankur Gupta, Head Marketing & Communications sales@kenresearch.com +91-9015378249 Tags: AAL Axle and Propeller Shaft Market, American Axle & Manufacturing Holdings Market, Asia-Pacific Axle and Propeller Shaft Market, Axle and Propeller Shaft Demand by End Market, Axle and Propeller Shaft Demand in Heavy Commercial Vehicle, Axle and Propeller Shaft Demand in Light Commercial Vehicle, Axle and Propeller Shaft Demand in Passenger Car, Axle and Propeller Shaft Exporter, Axle and Propeller Shaft Importer, Axle and Propeller Shaft Industry, Axle and Propeller Shaft Industry Research Report, Axle and Propeller Shaft Manufacturer, Axle and Propeller Shaft Market, Axle and Propeller Shaft Market Competition, Axle and Propeller Shaft Market Forecast, Axle and Propeller Shaft Market Future Outlook, Axle and Propeller Shaft Market Growth, Axle and Propeller Shaft Market Key Players, Axle and Propeller Shaft Market Revenue, Axle and Propeller Shaft Market Sales, Axle and Propeller Shaft Market Scope, Axle and Propeller Shaft Market Segmentation, Axle and Propeller Shaft Market share, Axle and Propeller Shaft Market Size, Axle and Propeller Shaft Market Trends, Axle and Propeller Shaft Market Value, Axle and Propeller Shaft Suppliers, Dana Axle and Propeller Shaft Market, Europe Axle and Propeller Shaft Market, Front Axle and Propeller Shaft Manufacturer, GKN Axle and Propeller Shaft Market, Global Axle and Propeller Shaft Market Analysis Market, Global Axle and Propeller Shaft Market Application, Global Axle and Propeller Shaft Market Overview, Global Axle and Propeller Shaft Market Research, Global Axle and Propeller Shaft Market Research Report, Globale Marktforschung für Achsen und Propellerwellen, GNA Enterprises Axle and Propeller Shaft Market, Hyundai-Wia Axle and Propeller Shaft Market, Middle East & Africa Axle and Propeller Shaft Market, Nexteer Axle and Propeller Shaft Market, North America Axle and Propeller Shaft Market, NTN Axle and Propeller Shaft Market, Price and Margin Axle and Propeller Shaft Market, Rear Axle and Propeller Shaft Manufacturer, Sona Group Axle and Propeller Shaft Market, South America Axle and Propeller Shaft Market, Talbros Engineering Axle and Propeller Shaft Market, Исследование рынка осей и, карданных валов в мире, أبحاث سوق المحور العالمي ورمح المروحة, グローバルアクスルおよびプロペラシャフト市場調査, 全球车轴和螺旋桨轴市场研究, 글로벌 액슬 및 프로펠러 샤프트 시장 조사