Market Overview:
The global car wheel spindle market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The driven wheel spindle segment is expected to account for a major share of the global car wheel spindle market during the forecast period. The passenger vehicle segment is anticipated to hold a dominant position in the global car wheel spindle market throughout the forecast period. North America accounted for a leading share of the global car wheel spindle market in 2017 and is projected to maintain its dominance throughout the forecast period.
Product Definition:
A car wheel spindle is a metal rod that attaches the wheel to the axle. It is typically made of steel and has a threaded end that screws into the axle. The spindle also has a tapered end that fits inside the hub of the wheel.
Driven Wheel Spindle:
The driven wheel spindle is a cylindrical component attached to the hub of the car's wheel.
1) it helps in maintaining uniformity in speed of rotation; 2) it provides safety feature as all four wheels get traction at same time; 3) it allows easy replacement of tires without changing brake drums or axles; 4) and lastly, with rising sales of SUVs.
Non-Driven Whee Spindle:
Whee spindle is a part of car wheel spindle. It's main function is to provide the necessary support and keep the tire in contact with the rim of wheel. Whee spindles are available in various sizes and shapes according to requirements, for example, they can be round or square shaped depending upon application requirement.
Application Insights:
The passenger vehicle application segment accounted for the largest revenue share of over 70.0% in 2017 and is expected to continue its dominance over the forecast period. The growing demand for passenger vehicles due to rising disposable income levels, coupled with low interest rates has been a major factor driving the industry growth.
Commercial vehicle application segment is also estimated to witness significant growth during the forecast period owing to increasing industrialization and construction activities in developing countries such as India, China and Brazil. Moreover, commercial vehicles are used on a daily basis by companies for transportation of goods which further propels their demand globally car wheel spindle market by type (driven wheel spindle, non-driven whee spindle).
Regional Analysis:
Asia Pacific dominated the global car wheel spindle market in 2017 and is expected to continue its dominance over the forecast period. The region has a large presence of leading automotive manufacturers, which has resulted in high demand for these spindles. Furthermore, increasing production of passenger vehicles and commercial vehicles due to rising disposable income is anticipated to drive growth over the next eight years.
The Asia Pacific was followed by Europe with a share of 25.0% in terms of revenue owing to growing vehicle production especially trucks and buses across major countries such as Germany, France, Italy and Russia among others are expected to fuel demand for these products over the forecast period. North America also accounted for a significant share owing car sales on account increased consumer preference towards luxury cars among other factors are likely contribute toward higher sales volumes hence propelling product demand at an estimated CAGR 2% from 2018 To 2030 in terms of revenue).
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in the automotive industry
- Growing awareness about safety features in automobiles
- Stringent government regulations for vehicle safety
Scope Of The Report
Report Attributes
Report Details
Report Title
Car Wheel Spindle Market Research Report
By Type
Driven Wheel Spindle, Non-Driven Whee Spindle
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
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
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
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Car Wheel Spindle Market Report Segments:
The global Car Wheel Spindle market is segmented on the basis of:
Types
Driven Wheel Spindle, Non-Driven Whee Spindle
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
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:
- 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
Highlights of The Car Wheel Spindle 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:
- Driven Wheel Spindle
- Non-Driven Whee Spindle
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Car Wheel Spindle 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?
A car wheel spindle is a metal or plastic shaft that attaches to the hub of a car wheel and helps rotate it.
Some of the major players in the car wheel spindle market are 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.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Car Wheel Spindle 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 Car Wheel Spindle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Car Wheel Spindle 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 Car Wheel Spindle 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 Car Wheel Spindle Market Size & Forecast, 2018-2028
4.5.1 Car Wheel Spindle Market Size and Y-o-Y Growth
4.5.2 Car Wheel Spindle Market Absolute $ Opportunity
Chapter 5 Global Car Wheel Spindle 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 Car Wheel Spindle Market Size Forecast by Type
5.2.1 Driven Wheel Spindle
5.2.2 Non-Driven Whee Spindle
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Car Wheel Spindle 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 Car Wheel Spindle Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Car Wheel Spindle 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 Car Wheel Spindle 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 Car Wheel Spindle Analysis and Forecast
9.1 Introduction
9.2 North America Car Wheel Spindle 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 Car Wheel Spindle Market Size Forecast by Type
9.6.1 Driven Wheel Spindle
9.6.2 Non-Driven Whee Spindle
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 Car Wheel Spindle Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
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 Car Wheel Spindle Analysis and Forecast
10.1 Introduction
10.2 Europe Car Wheel Spindle 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 Car Wheel Spindle Market Size Forecast by Type
10.6.1 Driven Wheel Spindle
10.6.2 Non-Driven Whee Spindle
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 Car Wheel Spindle Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
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 Car Wheel Spindle Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Car Wheel Spindle 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 Car Wheel Spindle Market Size Forecast by Type
11.6.1 Driven Wheel Spindle
11.6.2 Non-Driven Whee Spindle
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 Car Wheel Spindle Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
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 Car Wheel Spindle Analysis and Forecast
12.1 Introduction
12.2 Latin America Car Wheel Spindle 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 Car Wheel Spindle Market Size Forecast by Type
12.6.1 Driven Wheel Spindle
12.6.2 Non-Driven Whee Spindle
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 Car Wheel Spindle Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
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) Car Wheel Spindle Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Car Wheel Spindle 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) Car Wheel Spindle Market Size Forecast by Type
13.6.1 Driven Wheel Spindle
13.6.2 Non-Driven Whee Spindle
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) Car Wheel Spindle Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
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 Car Wheel Spindle Market: Competitive Dashboard
14.2 Global Car Wheel Spindle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GKN
14.3.2 NTN
14.3.3 SDS
14.3.4 Dana
14.3.5 Nexteer
14.3.6 Hyundai-Wia
14.3.7 IFA Rotorion
14.3.8 Meritor
14.3.9 AAM
14.3.10 Neapco
14.3.11 JTEKT
14.3.12 Yuandong
14.3.13 Wanxiang
14.3.14 Showa
14.3.15 Lingyun
14.3.16 Guansheng
14.3.17 GNA Enterprises
14.3.18 Fawer
14.3.19 Hengli
14.3.20 Danchuan
14.3.21 Lantong
14.3.22 Talbros Engineering
14.3.23 Dongfeng
14.3.24 Golden
14.3.25 Sinotruk
