Global Axle & Shaft for Pickup and Trucks Sales Market Report 2022

SKU ID : QYR-21120448 | Publishing Date : 02-Jun-2022 | No. of pages : 129

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.
Market Analysis and Insights: Global Axle & Shaft for Pickup and Trucks Market
Due to the COVID-19 pandemic, the global Axle & Shaft for Pickup and Trucks market size is estimated to be worth US$ 3553 million in 2021 and is forecast to a readjusted size of US$ 3553 million by 2028 with a CAGR of 1.3% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Axle & Shaft for Pickup and Trucks global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The major players in global Axle & Shaft for Pickup and Trucks market include GKN, NTN, Dana, etc. The top 3 players occupy about 45% shares of the global market. North America and China are main markets, they occupy about 65% of the global market. Half Type is the main type, with a share about 60%. Trucks is the main application, which holds a share about 70%.
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 2017-2028.
Segment by Type
Propeller Type
Half Type
Segment by Application
By Region
United States
Southeast Asia
Other Regions
By Company
IFA Rotorion
Wanxiang Qianchao

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