Axle & Shaft for Pickup and Trucks is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Axle & Shaft for Pickup and Trucks can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
For the fierce competition between suppliers, the price and gross margin is expected to decrease further.

Market Analysis and Insights: Global Axle & Shaft for Pickup and Trucks Market
The global Axle & Shaft for Pickup and Trucks market size is projected to reach US$ 3679 million by 2026, from US$ 3465.8 million in 2020, at a CAGR of 1.0% during 2021-2026.

Global Axle & Shaft for Pickup and Trucks Scope and Market Size
The global Axle & Shaft for Pickup and Trucks market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Axle & Shaft for Pickup and Trucks 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 Axle & Shaft for Pickup and Trucks market is segmented into
Propeller Type
Half Type

Segment by Application, the Axle & Shaft for Pickup and Trucks market is segmented into
Trucks
Pickup

The Axle & Shaft for Pickup and Trucks market is analysed and market size information is provided by regions (countries). Segment by Application, the Axle & Shaft for Pickup and Trucks 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 Axle & Shaft for Pickup and Trucks Market Share Analysis
Axle & Shaft for Pickup and Trucks 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 Axle & Shaft for Pickup and Trucks business, the date to enter into the Axle & Shaft for Pickup and Trucks market, Axle & Shaft for Pickup and Trucks product introduction, recent developments, etc.

The major vendors covered:
GKN
NTN
Dana
AAM
Neapco
JTEKT
SAT
Nexteer
Hyundai-wia
IFA Rotorion
Meritor
Wanxiang Qianchao
Fawer
Danchuan