Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Driven Axle Market by Type (Integral, Split), By Application (Passenger Vehicle, Commercial Vehicle, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Driven Axle Market by Type (Integral, Split), By Application (Passenger Vehicle, Commercial Vehicle, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 447704 4200 Automobile & Transportation 377 169 Pages 4.7 (34)
                                          

Market Overview:


The global driven axle market is estimated to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for commercial vehicles and passenger vehicles across the globe. Additionally, the growing demand for electric and hybrid vehicles is also expected to fuel the growth of this market during the forecast period. The global driven axle market can be segmented on the basis of type into integral and split axles. The integral axle segment is expected to hold a major share of this market during the forecast period owing to its high strength and durability as compared to split axles. On the basis of application, this market can be divided into passenger vehicle, commercial vehicle, and others (mining, construction equipment etc.).


Global Driven Axle Industry Outlook


Product Definition:


In a vehicle, the driven axle is the one that is turned by the engine. It is usually located in the middle of the car and it powers all four wheels. The importance of a driven axle is that it provides power to move the car.


Integral:


The global integral is expected to grow at a CAGR of XX% in the coming years. The growth can be attributed to increasing penetration of electric vehicles and shifting preference towards automated driving systems.


Integral is used as an alternative drivetrain for automobiles, which eliminates the need for transmission and drives the vehicle’s output shaft directly.


Split:


The split is a method to distribute the weight of the vehicle across more than two axles. The most common example of split is seen in school busses, where they have four wheels on each side and are driven by a single engine.


Advantages: It helps to reduce steering effort and increases stability while driving at high speed. Also, it reduces wear & tear on drivetrain components as well as tires due to less stress applied throughout its length.


Application Insights:


The others application segment includes farm vehicles, construction and agricultural machinery, light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and buses. LCV is expected to be the fastest-growing segment over the forecast period owing to increasing demand for such products in countries like India and China. In addition, HCV is also expected to witness significant growth owing to its applications in mining sites, construction sites, highways & roadsides maintenance etc. The passenger vehicle segment was dominated by North America with a market share of over 60% in 2017 due largely to increased production of passenger cars particularly from Mexico along with other Latin American countries such as Argentina and Brazil.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of rapid industrialization and urbanization. Rapidly growing automotive industry coupled with increasing investments in developing countries such as India, China, Thailand, Indonesia, etc., is anticipated to drive axle demand over the forecast period.


Europe accounted for a significant share of global axle production owing to presence of major automobile manufacturers such as Daimler AG; BMW Group; Fiat Chrysler Automobiles N.V.; Ford Motor Company; Mercedes-Benz AG DaimlerChrysler LLC.; Porsche GmbH & Co., Ltd.; Volkswagen Group ( AUDI , SEAT , SKODA ); Volvo Car Corporation; Jaguar Land Rover Limited among others.


Growth Factors:


  • Increasing demand for commercial vehicles: The global market for commercial vehicles is expected to grow at a CAGR of more than 5% during the forecast period. This will lead to an increase in demand for driven axle systems, as they are used in most types of commercial vehicles.
  • Technological advancements: Driven axle systems are becoming increasingly sophisticated, with new features such as automatic traction control and anti-lock braking systems being introduced. This is likely to lead to an increase in their adoption by vehicle manufacturers worldwide.
  • Rising fuel prices: The cost of fuel has been on the rise globally in recent years, and this is likely to lead to an increase in demand for fuel-efficient driven axle systems.
  • Stringent emissions regulations: Governments around the world are introducing stringent emissions regulations, which is leading vehicle manufacturers towards adopting more fuel-efficient technologies such as driven axle systems.

Scope Of The Report

Report Attributes

Report Details

Report Title

Driven Axle Market Research Report

By Type

Integral, Split

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

169

Number of Tables & Figures

119

Customization Available

Yes, the report can be customized as per your need.


Global Driven Axle Market Report Segments:

The global Driven Axle market is segmented on the basis of:

Types

Integral, Split

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:

  1. AAM
  2. Meritor
  3. Sichuan Jian'an
  4. DANA
  5. Meritor(AxleTech)
  6. PRESS KOGYO
  7. Benteler
  8. RABA
  9. ZF
  10. Sinotruk

Global Driven Axle Market Overview


Highlights of The Driven Axle Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Integral
    2. Split
  1. By Application:

    1. Passenger Vehicle
    2. Commercial Vehicle
    3. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Driven Axle 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

Global Driven Axle Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


A driven axle is a type of axle that uses a differential to transmit power between the wheels. This allows the vehicle to move more easily in tight spaces or on uneven surfaces.

Some of the key players operating in the driven axle market are AAM, Meritor, Sichuan Jian'an, DANA, Meritor(AxleTech), PRESS KOGYO, Benteler, RABA, ZF, Sinotruk.

The driven axle market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Driven Axle 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 Driven Axle Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Driven Axle 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 Driven Axle 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 Driven Axle Market Size & Forecast, 2020-2028       4.5.1 Driven Axle Market Size and Y-o-Y Growth       4.5.2 Driven Axle 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 Integral
      5.2.2 Split
   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 Driven Axle 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 Driven Axle 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 Integral
      9.6.2 Split
   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 Integral
      10.6.2 Split
   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 Integral
      11.6.2 Split
   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 Integral
      12.6.2 Split
   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 Integral
      13.6.2 Split
   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 Driven Axle Market: Competitive Dashboard
   14.2 Global Driven Axle 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

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