Driving Axle Market

Driving Axle is the mechanism at the end of the drive train that changes the speed and torque from the transmission and transmits them to the drive wheels. The drive axle is generally composed of a final drive, a differential, a wheel drive and a drive axle housing, and the steering axle has a constant velocity joint. In addition, the transaxle is also subjected to vertical forces, longitudinal and lateral forces acting on the road surface and the frame or body, as well as braking torque and reaction forces.
Driving Axle Market contains market size and forecasts of Driving Axle in global, including the following market information:
Global Driving Axle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Driving Axle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Driving Axle companies in 2021 (%)
The global Driving Axle market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Non-disconnected Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Driving Axle include Hyundai Mobis, Jmcg, AAM, Fujian Sanming Gearbox, Sichuan Jian'an Industry, Jiaxing Minhui Auto Part, Qingzhou Beilian Industry, Hubei Tate Mechanical & Electrical and Yuanan Yongan Axle, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Driving Axle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Driving Axle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Driving Axle Market Segment Percentages, by Type, 2021 (%)
Non-disconnected
Disconnected
Global Driving Axle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Driving Axle Market Segment Percentages, by Application, 2021 (%)
Passenger Car
Commercial Vehicle
Global Driving Axle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Driving Axle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Driving Axle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Driving Axle revenues share in global market, 2021 (%)
Key companies Driving Axle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Driving Axle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Hyundai Mobis
Jmcg
AAM
Fujian Sanming Gearbox
Sichuan Jian'an Industry
Jiaxing Minhui Auto Part
Qingzhou Beilian Industry
Hubei Tate Mechanical & Electrical
Yuanan Yongan Axle
Ocap Group
Dana Incorporated
Benteler
Jtekt