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Global Commercial Vehicle Axle System Market Research Report 2024
Synopsis
Commercial Vehicle Axles is an integral component of commercial vehicles. Its main function is serving to transmit driving torque to the wheel, as well as to maintain the position of the wheels relative to each other and to the vehicle body. In addition to, the axles can also bear the weight of the vehicle plus any cargo.
The global Commercial Vehicle Axle System market was valued at US$ 44480 million in 2023 and is anticipated to reach US$ 52700 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
Global Commercial Vehicle Axles key players include AAM, Meritor, DANA, BPW Group, PRESS KOGYO, etc. Global top five manufacturers hold a share over 20%.
North America is the largest market, with a share over 35%, followed by Europe and Asia (China Excluded), both have a share over 35%.
In terms of product, Rear Beam Axles is the largest segment, with a share over 70%. And in terms of application, the largest application is Light Duty Truck, followed by Heavy and Mid Duty Truck, Bus, etc.
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Axle System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicle Axle System.
Report Scope
The Commercial Vehicle Axle System market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Vehicle Axle System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Vehicle Axle System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
AAM
Meritor
DANA
ZF
PRESS KOGYO
HANDE Axle
BENTELER
Sichuan Jian'an
KOFCO
Gestamp
Shandong Heavy Industry
Hyundai Dymos
Magneti Marelli
IJT Technology Holdings
SINOTRUK
SAF-HOLLAND
SG Automotive
Segment by Type
Front Axle
Rear Axle
Segment by Application
Aftermarket
OEMs
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Vehicle Axle System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Vehicle Axle System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Vehicle Axle System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Commercial Vehicle Axles is an integral component of commercial vehicles. Its main function is serving to transmit driving torque to the wheel, as well as to maintain the position of the wheels relative to each other and to the vehicle body. In addition to, the axles can also bear the weight of the vehicle plus any cargo.
The global Commercial Vehicle Axle System market was valued at US$ 44480 million in 2023 and is anticipated to reach US$ 52700 million by 2030, witnessing a CAGR of 2.4% during the forecast period 2024-2030.
Global Commercial Vehicle Axles key players include AAM, Meritor, DANA, BPW Group, PRESS KOGYO, etc. Global top five manufacturers hold a share over 20%.
North America is the largest market, with a share over 35%, followed by Europe and Asia (China Excluded), both have a share over 35%.
In terms of product, Rear Beam Axles is the largest segment, with a share over 70%. And in terms of application, the largest application is Light Duty Truck, followed by Heavy and Mid Duty Truck, Bus, etc.
This report aims to provide a comprehensive presentation of the global market for Commercial Vehicle Axle System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Commercial Vehicle Axle System.
Report Scope
The Commercial Vehicle Axle System market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Commercial Vehicle Axle System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Commercial Vehicle Axle System manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
AAM
Meritor
DANA
ZF
PRESS KOGYO
HANDE Axle
BENTELER
Sichuan Jian'an
KOFCO
Gestamp
Shandong Heavy Industry
Hyundai Dymos
Magneti Marelli
IJT Technology Holdings
SINOTRUK
SAF-HOLLAND
SG Automotive
Segment by Type
Front Axle
Rear Axle
Segment by Application
Aftermarket
OEMs
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Commercial Vehicle Axle System manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Commercial Vehicle Axle System by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Commercial Vehicle Axle System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Commercial Vehicle Axle System Market Overview
1.1 Product Definition
1.2 Commercial Vehicle Axle System Segment by Type
1.2.1 Global Commercial Vehicle Axle System Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Front Axle
1.2.3 Rear Axle
1.3 Commercial Vehicle Axle System Segment by Application
1.3.1 Global Commercial Vehicle Axle System Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Aftermarket
1.3.3 OEMs
1.4 Global Market Growth Prospects
1.4.1 Global Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Commercial Vehicle Axle System Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Commercial Vehicle Axle System Production Estimates and Forecasts (2019-2030)
1.4.4 Global Commercial Vehicle Axle System Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Commercial Vehicle Axle System Production Market Share by Manufacturers (2019-2024)
2.2 Global Commercial Vehicle Axle System Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Commercial Vehicle Axle System, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Commercial Vehicle Axle System Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Commercial Vehicle Axle System Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Commercial Vehicle Axle System, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Commercial Vehicle Axle System, Product Offered and Application
2.8 Global Key Manufacturers of Commercial Vehicle Axle System, Date of Enter into This Industry
2.9 Commercial Vehicle Axle System Market Competitive Situation and Trends
2.9.1 Commercial Vehicle Axle System Market Concentration Rate
2.9.2 Global 5 and 10 Largest Commercial Vehicle Axle System Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Commercial Vehicle Axle System Production by Region
3.1 Global Commercial Vehicle Axle System Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Commercial Vehicle Axle System Production Value by Region (2019-2030)
3.2.1 Global Commercial Vehicle Axle System Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Commercial Vehicle Axle System by Region (2025-2030)
3.3 Global Commercial Vehicle Axle System Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Commercial Vehicle Axle System Production by Region (2019-2030)
3.4.1 Global Commercial Vehicle Axle System Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Commercial Vehicle Axle System by Region (2025-2030)
3.5 Global Commercial Vehicle Axle System Market Price Analysis by Region (2019-2024)
3.6 Global Commercial Vehicle Axle System Production and Value, Year-over-Year Growth
3.6.1 North America Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Commercial Vehicle Axle System Production Value Estimates and Forecasts (2019-2030)
4 Commercial Vehicle Axle System Consumption by Region
4.1 Global Commercial Vehicle Axle System Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Commercial Vehicle Axle System Consumption by Region (2019-2030)
4.2.1 Global Commercial Vehicle Axle System Consumption by Region (2019-2024)
4.2.2 Global Commercial Vehicle Axle System Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Commercial Vehicle Axle System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Commercial Vehicle Axle System Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Commercial Vehicle Axle System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Commercial Vehicle Axle System Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Commercial Vehicle Axle System Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Commercial Vehicle Axle System Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Commercial Vehicle Axle System Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Commercial Vehicle Axle System Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Commercial Vehicle Axle System Production by Type (2019-2030)
5.1.1 Global Commercial Vehicle Axle System Production by Type (2019-2024)
5.1.2 Global Commercial Vehicle Axle System Production by Type (2025-2030)
5.1.3 Global Commercial Vehicle Axle System Production Market Share by Type (2019-2030)
5.2 Global Commercial Vehicle Axle System Production Value by Type (2019-2030)
5.2.1 Global Commercial Vehicle Axle System Production Value by Type (2019-2024)
5.2.2 Global Commercial Vehicle Axle System Production Value by Type (2025-2030)
5.2.3 Global Commercial Vehicle Axle System Production Value Market Share by Type (2019-2030)
5.3 Global Commercial Vehicle Axle System Price by Type (2019-2030)
6 Segment by Application
6.1 Global Commercial Vehicle Axle System Production by Application (2019-2030)
6.1.1 Global Commercial Vehicle Axle System Production by Application (2019-2024)
6.1.2 Global Commercial Vehicle Axle System Production by Application (2025-2030)
6.1.3 Global Commercial Vehicle Axle System Production Market Share by Application (2019-2030)
6.2 Global Commercial Vehicle Axle System Production Value by Application (2019-2030)
6.2.1 Global Commercial Vehicle Axle System Production Value by Application (2019-2024)
6.2.2 Global Commercial Vehicle Axle System Production Value by Application (2025-2030)
6.2.3 Global Commercial Vehicle Axle System Production Value Market Share by Application (2019-2030)
6.3 Global Commercial Vehicle Axle System Price by Application (2019-2030)
7 Key Companies Profiled
7.1 AAM
7.1.1 AAM Commercial Vehicle Axle System Corporation Information
7.1.2 AAM Commercial Vehicle Axle System Product Portfolio
7.1.3 AAM Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.1.4 AAM Main Business and Markets Served
7.1.5 AAM Recent Developments/Updates
7.2 Meritor
7.2.1 Meritor Commercial Vehicle Axle System Corporation Information
7.2.2 Meritor Commercial Vehicle Axle System Product Portfolio
7.2.3 Meritor Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Meritor Main Business and Markets Served
7.2.5 Meritor Recent Developments/Updates
7.3 DANA
7.3.1 DANA Commercial Vehicle Axle System Corporation Information
7.3.2 DANA Commercial Vehicle Axle System Product Portfolio
7.3.3 DANA Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.3.4 DANA Main Business and Markets Served
7.3.5 DANA Recent Developments/Updates
7.4 ZF
7.4.1 ZF Commercial Vehicle Axle System Corporation Information
7.4.2 ZF Commercial Vehicle Axle System Product Portfolio
7.4.3 ZF Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.4.4 ZF Main Business and Markets Served
7.4.5 ZF Recent Developments/Updates
7.5 PRESS KOGYO
7.5.1 PRESS KOGYO Commercial Vehicle Axle System Corporation Information
7.5.2 PRESS KOGYO Commercial Vehicle Axle System Product Portfolio
7.5.3 PRESS KOGYO Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.5.4 PRESS KOGYO Main Business and Markets Served
7.5.5 PRESS KOGYO Recent Developments/Updates
7.6 HANDE Axle
7.6.1 HANDE Axle Commercial Vehicle Axle System Corporation Information
7.6.2 HANDE Axle Commercial Vehicle Axle System Product Portfolio
7.6.3 HANDE Axle Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.6.4 HANDE Axle Main Business and Markets Served
7.6.5 HANDE Axle Recent Developments/Updates
7.7 BENTELER
7.7.1 BENTELER Commercial Vehicle Axle System Corporation Information
7.7.2 BENTELER Commercial Vehicle Axle System Product Portfolio
7.7.3 BENTELER Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.7.4 BENTELER Main Business and Markets Served
7.7.5 BENTELER Recent Developments/Updates
7.8 Sichuan Jian'an
7.8.1 Sichuan Jian'an Commercial Vehicle Axle System Corporation Information
7.8.2 Sichuan Jian'an Commercial Vehicle Axle System Product Portfolio
7.8.3 Sichuan Jian'an Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Sichuan Jian'an Main Business and Markets Served
7.7.5 Sichuan Jian'an Recent Developments/Updates
7.9 KOFCO
7.9.1 KOFCO Commercial Vehicle Axle System Corporation Information
7.9.2 KOFCO Commercial Vehicle Axle System Product Portfolio
7.9.3 KOFCO Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.9.4 KOFCO Main Business and Markets Served
7.9.5 KOFCO Recent Developments/Updates
7.10 Gestamp
7.10.1 Gestamp Commercial Vehicle Axle System Corporation Information
7.10.2 Gestamp Commercial Vehicle Axle System Product Portfolio
7.10.3 Gestamp Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Gestamp Main Business and Markets Served
7.10.5 Gestamp Recent Developments/Updates
7.11 Shandong Heavy Industry
7.11.1 Shandong Heavy Industry Commercial Vehicle Axle System Corporation Information
7.11.2 Shandong Heavy Industry Commercial Vehicle Axle System Product Portfolio
7.11.3 Shandong Heavy Industry Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Shandong Heavy Industry Main Business and Markets Served
7.11.5 Shandong Heavy Industry Recent Developments/Updates
7.12 Hyundai Dymos
7.12.1 Hyundai Dymos Commercial Vehicle Axle System Corporation Information
7.12.2 Hyundai Dymos Commercial Vehicle Axle System Product Portfolio
7.12.3 Hyundai Dymos Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Hyundai Dymos Main Business and Markets Served
7.12.5 Hyundai Dymos Recent Developments/Updates
7.13 Magneti Marelli
7.13.1 Magneti Marelli Commercial Vehicle Axle System Corporation Information
7.13.2 Magneti Marelli Commercial Vehicle Axle System Product Portfolio
7.13.3 Magneti Marelli Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Magneti Marelli Main Business and Markets Served
7.13.5 Magneti Marelli Recent Developments/Updates
7.14 IJT Technology Holdings
7.14.1 IJT Technology Holdings Commercial Vehicle Axle System Corporation Information
7.14.2 IJT Technology Holdings Commercial Vehicle Axle System Product Portfolio
7.14.3 IJT Technology Holdings Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.14.4 IJT Technology Holdings Main Business and Markets Served
7.14.5 IJT Technology Holdings Recent Developments/Updates
7.15 SINOTRUK
7.15.1 SINOTRUK Commercial Vehicle Axle System Corporation Information
7.15.2 SINOTRUK Commercial Vehicle Axle System Product Portfolio
7.15.3 SINOTRUK Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.15.4 SINOTRUK Main Business and Markets Served
7.15.5 SINOTRUK Recent Developments/Updates
7.16 SAF-HOLLAND
7.16.1 SAF-HOLLAND Commercial Vehicle Axle System Corporation Information
7.16.2 SAF-HOLLAND Commercial Vehicle Axle System Product Portfolio
7.16.3 SAF-HOLLAND Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.16.4 SAF-HOLLAND Main Business and Markets Served
7.16.5 SAF-HOLLAND Recent Developments/Updates
7.17 SG Automotive
7.17.1 SG Automotive Commercial Vehicle Axle System Corporation Information
7.17.2 SG Automotive Commercial Vehicle Axle System Product Portfolio
7.17.3 SG Automotive Commercial Vehicle Axle System Production, Value, Price and Gross Margin (2019-2024)
7.17.4 SG Automotive Main Business and Markets Served
7.17.5 SG Automotive Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Commercial Vehicle Axle System Industry Chain Analysis
8.2 Commercial Vehicle Axle System Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Commercial Vehicle Axle System Production Mode & Process
8.4 Commercial Vehicle Axle System Sales and Marketing
8.4.1 Commercial Vehicle Axle System Sales Channels
8.4.2 Commercial Vehicle Axle System Distributors
8.5 Commercial Vehicle Axle System Customers
9 Commercial Vehicle Axle System Market Dynamics
9.1 Commercial Vehicle Axle System Industry Trends
9.2 Commercial Vehicle Axle System Market Drivers
9.3 Commercial Vehicle Axle System Market Challenges
9.4 Commercial Vehicle Axle System Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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