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(Transportation-News.com, October 18, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Axle & Shaft for Pickup and Trucks market for 2018-2023.
Axle & Shaft for Pickup and Trucks is a mechanical part that translates the torque generated by a vehicle's engine into usable motive force to propel the vehicle. Axle & Shaft for Pickup and Trucks can be divided into propeller shaft and half shaft. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.
For the fierce competition between suppliers, the price and gross margin is expected to decrease further.
Half Shaft production is bigger than Propeller Shaft, and we predict that in the following five years, the half Shaft production will continue to be bigger than Propeller Shaft, the Half Shaft production value is also bigger than Propeller Shaft. Propeller Shaft price is bigger than the price of Half Shaft. The sales of Axle & Shaft in the truck applications is bigger than Pickup.
Over the next five years, this report projects that Axle & Shaft for Pickup and Trucks will register a 1.4% CAGR in terms of revenue, reach US$ 3650 million by 2023, from US$ 3360 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Axle & Shaft for Pickup and Trucks market by product type, application, key manufacturers and key regions.
To calculate the market size, this report considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Propeller Type
Half Type
Segmentation by application:
Trucks
Pickup
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
GKN
NTN
Dana
AAM
Neapco
JTEKT
SAT
Nexteer
Hyundai-wia
IFA Rotorion
Meritor
Wanxiang Qianchao
Fawer
Danchuan
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Axle & Shaft for Pickup and Trucks consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Axle & Shaft for Pickup and Trucks market by identifying its various subsegments.
Focuses on the key global Axle & Shaft for Pickup and Trucks manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Axle & Shaft for Pickup and Trucks with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Axle & Shaft for Pickup and Trucks submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Source: EmailWire.Com 
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