An axle is a part of the transmission assembly of an automobile. The main purpose of an axle is to bear the weight of the vehicle and also maintain the position of wheels relative to each other and to the vehicle body. Axles can either be live-axles or non-driving axles. In an automobile, live axles help in transmitting the power from engine on to wheels via the drive shaft.

Scope of the Report:
The global average price of Axle Shaft is in the decreasing trend, from 63.48 USD/Unit in 2011 to 61.43 USD/Unit in 2015. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Axle Shaft includes Half Shaft, Propeller Shaft and Axle Shaft, and the proportion of Half Shaft in 2015 is about 76%.
Europe region is the largest supplier of Axle Shaft, with a production market share nearly 22% in 2015. China is the second largest supplier of Axle Shaft Media, enjoying production market share nearly 27% in 2015.
The worldwide market for Axle Shaft is expected to grow at a CAGR of roughly 2.2% over the next five years, will reach 16500 million US$ in 2024, from 14500 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Axle Shaft in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market Segment by Manufacturers, this report covers :
GKN
NTN
SDS
Dana
Nexteer
Hyundai-Wia
IFA Rotorion
Meritor
AAM
Neapco
JTEKT
Yuandong
Wanxiang
Showa
Lingyun
Guansheng
GNA Enterprises
Fawer
Hengli
Danchuan
Lantong
Talbros Engineering
Dongfeng
Golden
Sinotruk

Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers
Propeller Shaft
Half Shaft
Axle Shaft

Market Segment by Applications, can be divided into
Passenger Vehicle (Ex. SUV)
SUV & Truck
Commercial Vehicle (Ex. Truck)

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Table of Contents
1 Market Overview
2 Manufacturers Profiles
3 Global Axle Shaft Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018)
4 Global Axle Shaft Market Analysis by Regions
5 North America Axle Shaft by Country
6 Europe Axle Shaft by Country
7 Asia-Pacific Axle Shaft by Country
8 South America Axle Shaft by Country
9 Middle East and Africa Axle Shaft by Countries
10 Global Axle Shaft Market Segment by Type
11 Global Axle Shaft Market Segment by Application
12 Axle Shaft Market Forecast (2019-2024)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix

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