Title: Rear Axle Market - Forecast 2022 - 2027
1Rear Axle MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- Rear Axle Market is forecast to reach 49.3
billion by 2025, after growing at a CAGR of 5.13
during 2020-2025. he significant rise in the
global automobile production is analyzed to drive
the market during the forecast period. - The significant role played by a real axle in the
automotive alongside the increase in investments
for setting up the automobile manufacturing sites
is analyzed to impact the growth of the rear axle
market. - Rear axle is main part in the car for driving,
where the power from gear box to rear axle is
carried out by the propeller shaft.
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- Key Takeaways
- Asia-Pacific dominates the Rear Axle market owing
to presence of large automotive manufacturers and
significant rise in the investments for seeing up
the manufacturing sites in this region. - Passenger cars is analyzed to hold a
significantly high share in 2018 owing to the
high production of the passenger cars. - Increasing demand for battery electric vehicles
and the ban on diesel and gasoline vehicles going
forward in the European countries will create
hurdles for the Rear Axle market
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By Design Type - Segment Analysis Semi floating
type rear axle is analyzed to grow at highest
rate during the forecast period as they are
highly employed in the passenger cars. Moreover
the increase in the production capacity of the
passenger vehicles and investments towards them
is analyzed to impact the rear axle market. In
March, 2091, Hyundai and Kia and announced to
invest 300mn in Ola for building India-specific
electric vehicles and infrastructure. Therefore
the increasing investments in the passenger car
manufacturing is analyzed to impact on the growth
of the rear axle market during the forecast
period.
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- Rear Axle Market Industry Outlook
- American axle and manufacturing holdings Inc
- Dana Holding Corporation
- Delphi Group
- Hitachi
- Daimler Trucks
- Meritor Inc.
- Gna Axle Ltd
- Hema Endustri A S
- Gkn Plc
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Rear Axle Market - Forecast(2022 - 2027) Learn
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.com/Research/Rear-Axle-Market-Research-503970
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Reddy Contact (1) 970-236-3677 Email
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Contact (1) 970-236-3677
Inquiry Before Buying
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