Global Heavy Axles Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2017 to 2025

  • ID: 4431764
  • Report
  • Region: Global
  • Acute Market Reports
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FEATURED COMPANIES

  • AxleTech International
  • Dana Limited
  • KG Industries Ltd.
  • Meritor, Inc
  • Oerlikon Graziano SpA
  • MORE
Heavy Axles Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2016 - 2024, the global heavy vehicle axle market was valued at US$ 10.7 Bn in 2016, and is expected to reach US$ 14.8 Bn by 2024, expanding at a CAGR of 4.2% from 2017 to 2024. Rising construction as well as mining sectors is the most prominent factor propelling the growth of heavy axles in the emerging markets. With the steadily rising demand for heavy equipment used across the sectors, the overall market for related components and equipment is expected to continue witnessing robust growth in the coming years. Subsequently, the market for heavy axles is projected to undergo strong growth in the coming years. Moreover, increasing mechanization of agricultural operations in emerging economies such as India, China, Brazil, South Africa, Russia and others is driving the demand for agricultural machineries.

As of 2016, the global heavy vehicle axles market is dominated by the rear axle segment. The segment contributed nearly 61.9% of the total market volume. This is due to the fact that most of the heavy off-highway vehicles have rear axle as their drive axle. The overall rising trend of constructing multiple wheel-ends for better efficiency and load stability, the rear axle segment growth is expected to remain strong throughout the forecast period. Contrarily, due to limited use of front axle as a drive axle (typically in 4-wheel drive) the segment share is expected to remain low throughout the forecast period.

On the basis of operation, the overall heavy axles market in India is led by driven axles. As of 2016, the segment contributed to over 53.3% of the overall market. High volume share is attributed to the fact that most of the off-highway vehicles have multiple driven axles. Subsequently, the segment is estimated to continue its dominance in the market throughout the forecast period.

In Application, agricultural machineries represents the largest application segment and is expected to maintain its domination position through the forecast period. This is primarily attributed to rising mechanization of agricultural operations across the world and steadily increasing production of agricultural machineries. Construction and mining machineries segment also represent attractive opportunities due to improving outlook of construction and mining industries.

Asia Pacific is the largest regional market for heavy axles followed by North America and Europe. Asia Pacific expected to maintain its domination position through the forecast period 2017 - 2022 with increasing production of agricultural and construction machineries in China, India, Japan and other countries in the region.
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Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • AxleTech International
  • Dana Limited
  • KG Industries Ltd.
  • Meritor, Inc
  • Oerlikon Graziano SpA
  • MORE
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I - Secondary Research
1.3.2 Phase II - Primary Research
1.3.3 Phase III - Expert Panel Review
1.3.4 Assumptions

Chapter 2 Executive Summary
2.1 Global Heavy Axles Market Portraiture
2.2 Global Heavy Axles Market, by Wheel Type, 2016 & 2024 (Value %)
2.3 Global Heavy Axles Market, by Technology, 2016 (US$ Bn)
2.4 Global Heavy Axles Market, by Geography, 2016 (Value %)

Chapter 3 Global Heavy Axles Market Overview
3.1 Market Definition and Scope
3.1.1 Drivers
3.1.2 Challenges
3.1.3 Opportunities
3.3 Attractive Investment Proposition
3.4 Competitive Analysis: Global Heavy Axles Market, 2016 (Value %)

Chapter 4 Global Heavy Axles Market Analysis, By Wheel Type
4.1 Overview
4.2 Front Wheel
4.3 Rear Wheel

Chapter 5 Global Heavy Axles Market Analysis, by Technology
5.1 Introduction
5.2 Drive Axles
5.3 Non-Driven Axles

Chapter 6 Global Heavy Axles Market, Regional Analysis
6.1 Overview
6.1.1 Market Share Analysis by Geography, 2015 Vs 2024
6.2 North America Heavy Axles Market, 2014 - 2024, (US$ Bn)
6.2.1 North America Heavy Axles Market Revenue, By Country, 2014 - 2024 (US$ Bn)
6.2.1.1 U.S. Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.2.1.2 U.S. Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.2.1.3 Rest of North America Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.2.1.4 Rest of North America Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.2.2 North America Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.2.3 North America Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.3 Europe Heavy Axles Market, 2014 - 2024, (US$ Bn)
6.3.1 Europe Heavy Axles Market Revenue, By Country, 2014 - 2024 (US$ Bn)
6.3.1.1 UK Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.3.1.2 UK Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.3.1.3 Germany Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.3.1.4 Germany Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.3.1.5 France Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.3.1.6 France Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.3.1.7 Rest of Europe Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.3.1.8 Rest of Europe Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.3.2 Europe Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.3.3 Europe Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4 Asia Pacific Heavy Axles Market, 2014 - 2024, (US$ Bn)
6.4.1 Asia Pacific Heavy Axle Market Revenue, By Country, 2014 - 2024 (US$ Bn)
6.4.1.1 Japan Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.1.2 Japan Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4.1.3 China Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.1.4 China Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4.1.5 India Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.1.6 India Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4.1.7 Rest of Asia Pacific Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.1.8 Rest of Asia Pacific Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4.2 Asia Pacific Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.3 Asia Pacific Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.5 Rest of the World Heavy Axles Market, 2014 - 2024, (US$ Bn)
6.5.1 Rest of the World Heavy Axle Market Revenue, By Region, 2014 - 2024 (US$ Bn)
6.4.1.1 Latin America Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.1.2 Latin America Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4.1.3 Middle East and Africa Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.1.4 Middle East and Africa Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
6.4.2 RoW Heavy Axles Market Revenue, By Wheel Type, 2014 - 2024 (US$ Bn)
6.4.3 RoW Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)

Chapter 7 Company Profiles
7.1 AxleTech International
7.2 KG Industries Ltd.
7.3 Meritor, Inc
7.4 Automotive Axles Limited (AAL)
7.5 Dana Limited
7.6 Dromos, SRL and Kessler + Co
7.7 Oerlikon Graziano SpA

List of Figures
Fig. 1 Heavy Axles Market: Research Methodology
Fig. 2 Global Heavy Axles Market, by Wheel Type, 2016 & 2024 (Value %)
Fig. 3 Global Heavy Axles Market, by Technology, 2016 (US$ Bn)
Fig. 4 Global Heavy Axles Market, by Geography, 2016 (Value %)
Fig. 5 Attractive Investment Proposition: Global Heavy Axles Market, 2016
Fig. 6 Competitive Analysis: Global Heavy Axles Market, 2015 (Value %)
Fig. 7 Global Front Wheel Axle Market, 2014 - 2024 (US$ Bn)
Fig. 8 Global Rear Wheel Axle Market, 2014 - 2024 (US$ Bn)
Fig. 9 Global Driven Axles Market, 2014 - 2024 (US$ Bn)
Fig. 10 Global Non-driven Axles Market, 2014 - 2024 (US$ Bn)
Fig. 11 Market Share Analysis by Geography, 2015 Vs 2024 (%)
Fig. 12 North America Heavy Axles Market Revenue, 2014 - 2024 (US$ Bn)
Fig. 14 Europe Heavy Axles Market Revenue, 2014 - 2024 (US$ Bn)
Fig. 15 Asia Pacific Heavy Axles Market Revenue, 2014 - 2024 (US$ Bn)
Fig. 16 Rest of the World Heavy Axles Market Revenue, 2014 - 2024 (US$ Bn)

List of Tables
Table 1 Global Heavy Axles Market, By Pump Functionality, 2014 - 2023 (US$ Bn)
Table 2 Heavy Axles Market, by Product Type, 2014 - 2024 (US$ Bn)
Table 3 North America Heavy Axles Market Revenue, By Country, 2014 - 2024 (US$ Bn)
Table 4 U.S. Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 5 U.S. Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 6 Rest of North America Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 7 Rest of North America Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 8 North America Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 9 North America Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 10 Europe Heavy Axles Market Revenue, By Country, 2014 - 2024 (US$ Bn)
Table 11 UK Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 12 UK Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 13 Germany Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 14 Germany Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 15 France Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 16 France Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 17 Rest of Europe Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 18 Rest of Europe Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 19 Europe Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 20 Europe Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 21 Asia Pacific Heavy Axles Market Revenue, By Country, 2014 - 2024 (US$ Bn)
Table 22 Japan Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 23 Japan Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 24 China Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 25 China Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 26 India Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 27 India Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 28 Rest of Asia Pacific Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 29 Rest of Asia Pacific Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 30 Asia Pacific Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 31 Asia Pacific Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 32 Rest of the World Heavy Axles Market, By Region, 2014 - 2023 (US$ Bn)
Table 33 Latin America Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 34 Latin America Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 35 Middle East and Africa Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 36 Middle East and Africa Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 37 Rest of the World Heavy Axles Market, By Wheel Type, 2014 - 2023 (US$ Bn)
Table 38 Rest of the World Heavy Axles Market Revenue, By Technology, 2014 - 2024 (US$ Bn)
Table 39 AxleTech International: Company Snapshot (Business Description; Financial Health and Budget Allocation; Product Position/Portfolio; News Coverage)
Table 40 KG Industries Ltd.: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
Table 41 Meritor, Inc: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
Table 42 Automotive Axles Limited (AAL): Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
Table 43 Dana Limited: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
Table 44 Dromos, SRL and Kessler + Co: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
Table 45 Oerlikon Graziano SpA: Company Snapshot (Business Description; Financial Performance; Product Position/Portfolio; News Coverage)
Note: Product cover images may vary from those shown
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  • AxleTech International
  • KG Industries Ltd.
  • Meritor, Inc
  • Automotive Axles Limited (AAL)
  • Dana Limited
  • Dromos, SRL and Kessler + Co
  • Oerlikon Graziano SpA
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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