Market Overview:
The global axle housing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, the growing automotive industry is also fueling the growth of this market. The global axle housing market can be segmented on the basis of type into separable axle housing and integral axle housing. The separable axle housing segment is expected to hold a larger share in terms of revenue in 2018, owing to its low cost as compared to integral axle housings. However, integral axles are gaining popularity due their high strength and durability as compared to separable axles.
Product Definition:
Axle Housing is the casing that houses the axle and bearings. It bolts to the vehicle's frame and supports the weight of the vehicle. The axle housing also transmits power from the engine to the wheels.
Separable Axle Housing:
Separable axle housing is a device that is used to separate the drive shaft from the differential. It does this by means of two bearings, one at each end of an enclosed tube. The bearings are usually sealed using caps or covers, which can be removed to allow access to the seals for maintenance and repair.
The advantages of separable axle housing include lightweight.
Integral Axle Housing:
The integral axle housing is a device that is used in automobiles to support the drive shafts and also act as a bearing for the wheels. The design of these housings varies according to vehicle manufacturers, but they all have two main purposes; namely supporting the drive shafts and providing bearings for the wheel. Some vehicles use four-wheel designs, wherein each wheel has its own housing assembly.
Application Insights:
The others application segment includes two-wheelers, three-wheelers and four-wheelers. The demand for passenger vehicle is high in developed regions such as North America and Europe while the commercial vehicles are majorly used in developing regions such as Asia Pacific and Middle East & Africa.
The demand for commercial vehicles is growing at a significant rate owing to increasing business activities across industries. Moreover, governments are focusing on improving road infrastructure which will eventually boost the growth of this segment over the forecast period.
In terms of revenue, passenger vehicle dominated with a share of 55% in 2017 owing to increasing sales of passenger cars especially in emerging countries including China India Indonesia Japan Malaysia Philippines Singapore South Korea Thailand Vietnam etcetera).
Regional Analysis:
Asia Pacific dominated the global axle housing market in 2016 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for commercial vehicles as well as passenger vehicles, which, in turn, is anticipated to propel product growth. Furthermore, rising industrialization and manufacturing activities are projected to fuel regional product demand.
The presence of major automotive manufacturers such as Toyota Motor Corporation; Honda Motor Co., Ltd.; Nissan Motors Ltd.; Mazda Motor Corp.; Mitsubishi Electric Corporation; SuzukiMotorCorp., SsangYong Group; Isuzu Motors Inc.; and Subaru-Domega Automotive USA Inc., among others will augment the market growth over the forecast period. Increasing investments by these companies for developing new products will drive industry expansion further.
Growth Factors:
- Increasing demand for axle housing from the automotive sector as a result of rising production of passenger cars and commercial vehicles.
- Growing demand for axle housings in off-highway applications, such as construction and agriculture equipment, due to their ruggedness and durability.
- Rising popularity of lightweight axle housings made from aluminum alloys that offer better fuel efficiency and performance compared to traditional steel variants.
- Increasing adoption of automated manufacturing processes in the axle housing market that help reduce production costs and time-to-market.
Scope Of The Report
Report Attributes
Report Details
Report Title
Axle Housing Market Research Report
By Type
Separable Axle Housing, Integral Axle Housing
By Application
Passenger Vehicle, Commercial Vehicle, Others
By Companies
AAM, Meritor, Sichuan Jian'an, DANA, Meritor(AxleTech), PRESS KOGYO, Benteler, RABA, ZF, Sinotruk
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Axle Housing Market Report Segments:
The global Axle Housing market is segmented on the basis of:
Types
Separable Axle Housing, Integral Axle Housing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AAM
- Meritor
- Sichuan Jian'an
- DANA
- Meritor(AxleTech)
- PRESS KOGYO
- Benteler
- RABA
- ZF
- Sinotruk
Highlights of The Axle Housing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Separable Axle Housing
- Integral Axle Housing
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Axle Housing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Axle housing is a component of the axle assembly that helps to support and protect the axle from wear and tear.
Some of the key players operating in the axle housing market are AAM, Meritor, Sichuan Jian'an, DANA, Meritor(AxleTech), PRESS KOGYO, Benteler, RABA, ZF, Sinotruk.
The axle housing market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Axle Housing Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Axle Housing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Axle Housing Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Axle Housing Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Axle Housing Market Size & Forecast, 2020-2028
4.5.1 Axle Housing Market Size and Y-o-Y Growth
4.5.2 Axle Housing Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Separable Axle Housing
5.2.2 Integral Axle Housing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Axle Housing Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Axle Housing Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Separable Axle Housing
9.6.2 Integral Axle Housing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Separable Axle Housing
10.6.2 Integral Axle Housing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Separable Axle Housing
11.6.2 Integral Axle Housing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Separable Axle Housing
12.6.2 Integral Axle Housing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Separable Axle Housing
13.6.2 Integral Axle Housing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Axle Housing Market: Competitive Dashboard
14.2 Global Axle Housing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AAM
14.3.2 Meritor
14.3.3 Sichuan Jian'an
14.3.4 DANA
14.3.5 Meritor(AxleTech)
14.3.6 PRESS KOGYO
14.3.7 Benteler
14.3.8 RABA
14.3.9 ZF
14.3.10 Sinotruk
