Automotive drive axle is an integral component of vehicles, especially for the rear wheels. Its main function is to transmit driving torque to the wheel, as well as to maintain the position of the wheels relative and the vehicle body. Automotive drive axle is mainly used in the commercial vehicles. While for the passenger vehicles, such as multi-purpose vehicles (MPV) and minibus, automotive drive axle is also a necessary component.
Market competition is fierce. Although AAM and Meritor have big share, the market concentration is relatively low. In this report, the top 14 listed companies only occupy about 32% of the market in 2015.
For the fierce competition between suppliers, the price and gross margin is expected to decrease further.
Briefly speaking, in the next few years, Automotive Drive Axle industry will still be a highly energetic industry. Although sales of Automotive Drive Axle brought a lot of opportunities, the study group recommends the new entrants who just having money but without technical advantage and downstream support, do not to enter into the Automotive Drive Axle field hastily.

Market Analysis and Insights: Global Automotive Drive Axle Market
The global Automotive Drive Axle market size is projected to reach US$ 57900 million by 2026, from US$ 58600 million in 2020, at a CAGR of -0.2% during 2021-2026.

Global Automotive Drive Axle Scope and Market Size
The global Automotive Drive Axle market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Drive Axle market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2015-2026.

Segment by Type, the Automotive Drive Axle market is segmented into
≤3 MT
3-14 MT
≥14 MT

Segment by Application, the Automotive Drive Axle market is segmented into
Passenger Vehicles
Coach
Truck

The Automotive Drive Axle market is analysed and market size information is provided by regions (countries). Segment by Application, the Automotive Drive Axle market is segmented into United States, Europe, China, Japan, Southeast Asia, India and Rest of World.
The report includes region-wise market size for the period 2015-2026. It also includes market size and forecast by players, by Type, and by Application segment in terms of sales and revenue for the period 2015-2026.

Competitive Landscape

and Automotive Drive Axle Market Share Analysis
Automotive Drive Axle market competitive landscape provides details and data information by players. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue and the sales, revenue generated in Automotive Drive Axle business, the date to enter into the Automotive Drive Axle market, Automotive Drive Axle product introduction, recent developments, etc.

The major vendors covered:
AAM
Meritor
Sichuan Jian'an
DANA
Ankai Futian
AxleTech
PRESS KOGYO
Benteler
RABA
HANDE
ZF
SG Automotive Group
Shandong Heavy Industry
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