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Trailer Axle Market By Trailer Type, By Axle Type, By Capacity, By Application, By Sales Channel: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 339 Pages
  • July 2022
  • Region: Global
  • Allied Market Research
  • ID: 5670913
Axle is a central shaft utilized for rotating the wheels as well as supports the weight of the vehicle. It is an essential component in automobile and is categorized into three types such as front, rear, and stub. The axle is controlled by the movement of the steering in the vehicle. It is utilized in cars, trucks, trailer, buses, and other vehicles. In addition, axle types used in trailers are of two types such as leaf spring axles and torsion axles. Spring axles uses a spring to support the trailer and load. Spring axles are inexpensive and relatively easy to maintain. Torsion axles are made up of a square spindle surrounded on all four sides by rubber. The spindle is connected to torsion arms that is then attached to the wheels.

The growth of the global trailer axle market is propelling, due to expansion of automotive & transportation industry, introduction of e-axle in trailers, and introduction of emission regulations for transport refrigeration units. However, fluctuating prices of raw materials used for manufacturing of axles is the factor restraining the growth of the market. Furthermore, increase in use of lightweight material for manufacturing of axle is the factor expected to offer growth opportunities during the forecast period.

With increase in adoption of trailer axles across the globe, need for charging infrastructure is also growing subsequently. Government and private organizations in several countries are working closely to setup trailer axle charging infrastructure in their region to support e-mobility. For instance, Aqua superpower, a UK based company has been rapidly building its network of marine “superchargers” across the globe. Built to the highest IP65 standards, each station provides AC and DC fast charger with a high output of 150kW, enabling fast recharging of trailer axles.

The trailer axle market is segmented on the basis of trailer type, axle type, capacity, application, sales channel, and region. By trailer type, it is segmented into dry van & box, refrigerator, chemical & liquid, tippers, flatbed, and others. By axle type, it is classified into single axle, tandem axle, and three or more than three-axle. Based on capacity, it is fragmented into lower than 8,000 lbs, 8,000-15,000 lbs, 15,000-25,000 lbs, and more than 25,000 lbs. By application, it is bifurcated into lightweight trailers, medium-weight trailers, and heavy trailers. By sales channel, it is fragmented into original equipment manufacturer (OEM), and aftermarket. By region, the report is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS

  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the trailer axle market analysis from 2021 to 2031 to identify the prevailing trailer axle market opportunities.
  • The market research is offered along with information related to key drivers, restraints, and opportunities.
  • Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
  • In-depth analysis of the trailer axle market segmentation assists to determine the prevailing market opportunities.
  • Major countries in each region are mapped according to their revenue contribution to the global market.
  • Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
  • The report includes the analysis of the regional as well as global trailer axle market trends, key players, market segments, application areas, and market growth strategies.

Key Market Segments

By Trailer Type

  • Dry van box
  • Refrigerator
  • Chemicals liquid
  • Tippers
  • Flatbed
  • others

By Axle Type

  • Single Axle
  • Tandem axle
  • Three or more than three-axle

By Capacity

  • Lower than 8,000 lbs
  • 8,000-15,000 lbs
  • 15,000-25,000 lbs
  • More than 25,000 lbs

By Application

  • Lightweight trailers
  • Medium-weight trailers
  • Heavy trailers

By Sales Channel

  • OEM
  • Aftermarket

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • United Kingdom
  • Germany
  • France
  • Italy
  • Rest of Europe
  • Asia-Pacific
  • Rest of Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • American Axle & Manufacturing, Inc
  • BPW Bergische Achsen KG
  • Dana Incorporated
  • Hendrickson USA, L.L.C.
  • Meritor, Inc.
  • SAF-HOLLAND S.A.
  • Schmitz Cargobull
  • ZF Friedrichshafen AG
  • DexKo Global
  • Guangdong Fuwa Engineering Group Co., Ltd.
  • Guangzhou TND Axle Co., Ltd
  • Jost Werke AG
  • Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd
  • Rogers Axle & Spring Works, Willex Trailer and Axle Sales

Table of Contents

CHAPTER 1: INTRODUCTION
1.1.Report description
1.2.Key market segments
1.3.Key benefits to the stakeholders
1.4.Research Methodology
1.4.1.Secondary research
1.4.2.Primary research
1.4.3.Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1.Key findings of the study
2.2.CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1.Market definition and scope
3.2.Key findings
3.2.1.Top investment pockets
3.3.Porter’s five forces analysis
3.4.Top player positioning
3.5.Market dynamics
3.5.1.Drivers
3.5.2.Restraints
3.5.3.Opportunities
3.6.COVID-19 Impact Analysis on the market
CHAPTER 4: TRAILER AXLE MARKET, BY TRAILER TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Dry van & box
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 Refrigerator
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 Chemicals & liquid
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Tippers
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
4.6 Flatbed
4.6.1 Key market trends, growth factors and opportunities
4.6.2 Market size and forecast, by region
4.6.3 Market analysis by country
4.7 others
4.7.1 Key market trends, growth factors and opportunities
4.7.2 Market size and forecast, by region
4.7.3 Market analysis by country
CHAPTER 5: TRAILER AXLE MARKET, BY AXLE TYPE
5.1 Overview
5.1.1 Market size and forecast
5.2 Single Axle
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Tandem axle
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 Three or more than three-axle
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
CHAPTER 6: TRAILER AXLE MARKET, BY CAPACITY
6.1 Overview
6.1.1 Market size and forecast
6.2 Lower than 8,000 lbs
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 8,000-15,000 lbs
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 15,000-25,000 lbs
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 More than 25,000 lbs
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: TRAILER AXLE MARKET, BY APPLICATION
7.1 Overview
7.1.1 Market size and forecast
7.2 Lightweight trailers
7.2.1 Key market trends, growth factors and opportunities
7.2.2 Market size and forecast, by region
7.2.3 Market analysis by country
7.3 Medium-weight trailers
7.3.1 Key market trends, growth factors and opportunities
7.3.2 Market size and forecast, by region
7.3.3 Market analysis by country
7.4 Heavy trailers
7.4.1 Key market trends, growth factors and opportunities
7.4.2 Market size and forecast, by region
7.4.3 Market analysis by country
CHAPTER 8: TRAILER AXLE MARKET, BY SALES CHANNEL
8.1 Overview
8.1.1 Market size and forecast
8.2 OEM
8.2.1 Key market trends, growth factors and opportunities
8.2.2 Market size and forecast, by region
8.2.3 Market analysis by country
8.3 Aftermarket
8.3.1 Key market trends, growth factors and opportunities
8.3.2 Market size and forecast, by region
8.3.3 Market analysis by country
CHAPTER 9: TRAILER AXLE MARKET, BY REGION
9.1 Overview
9.1.1 Market size and forecast
9.2 North America
9.2.1 Key trends and opportunities
9.2.2 North America Market size and forecast, by Trailer Type
9.2.3 North America Market size and forecast, by Axle Type
9.2.4 North America Market size and forecast, by Capacity
9.2.5 North America Market size and forecast, by Application
9.2.6 North America Market size and forecast, by Sales Channel
9.2.7 North America Market size and forecast, by country
9.2.7.1 U.S.
9.2.7.1.1 Market size and forecast, by Trailer Type
9.2.7.1.2 Market size and forecast, by Axle Type
9.2.7.1.3 Market size and forecast, by Capacity
9.2.7.1.4 Market size and forecast, by Application
9.2.7.1.5 Market size and forecast, by Sales Channel
9.2.7.2 Canada
9.2.7.2.1 Market size and forecast, by Trailer Type
9.2.7.2.2 Market size and forecast, by Axle Type
9.2.7.2.3 Market size and forecast, by Capacity
9.2.7.2.4 Market size and forecast, by Application
9.2.7.2.5 Market size and forecast, by Sales Channel
9.2.7.3 Mexico
9.2.7.3.1 Market size and forecast, by Trailer Type
9.2.7.3.2 Market size and forecast, by Axle Type
9.2.7.3.3 Market size and forecast, by Capacity
9.2.7.3.4 Market size and forecast, by Application
9.2.7.3.5 Market size and forecast, by Sales Channel
9.3 Europe
9.3.1 Key trends and opportunities
9.3.2 Europe Market size and forecast, by Trailer Type
9.3.3 Europe Market size and forecast, by Axle Type
9.3.4 Europe Market size and forecast, by Capacity
9.3.5 Europe Market size and forecast, by Application
9.3.6 Europe Market size and forecast, by Sales Channel
9.3.7 Europe Market size and forecast, by country
9.3.7.1 United Kingdom
9.3.7.1.1 Market size and forecast, by Trailer Type
9.3.7.1.2 Market size and forecast, by Axle Type
9.3.7.1.3 Market size and forecast, by Capacity
9.3.7.1.4 Market size and forecast, by Application
9.3.7.1.5 Market size and forecast, by Sales Channel
9.3.7.2 Germany
9.3.7.2.1 Market size and forecast, by Trailer Type
9.3.7.2.2 Market size and forecast, by Axle Type
9.3.7.2.3 Market size and forecast, by Capacity
9.3.7.2.4 Market size and forecast, by Application
9.3.7.2.5 Market size and forecast, by Sales Channel
9.3.7.3 France
9.3.7.3.1 Market size and forecast, by Trailer Type
9.3.7.3.2 Market size and forecast, by Axle Type
9.3.7.3.3 Market size and forecast, by Capacity
9.3.7.3.4 Market size and forecast, by Application
9.3.7.3.5 Market size and forecast, by Sales Channel
9.3.7.4 Italy
9.3.7.4.1 Market size and forecast, by Trailer Type
9.3.7.4.2 Market size and forecast, by Axle Type
9.3.7.4.3 Market size and forecast, by Capacity
9.3.7.4.4 Market size and forecast, by Application
9.3.7.4.5 Market size and forecast, by Sales Channel
9.3.7.5 Rest of Europe
9.3.7.5.1 Market size and forecast, by Trailer Type
9.3.7.5.2 Market size and forecast, by Axle Type
9.3.7.5.3 Market size and forecast, by Capacity
9.3.7.5.4 Market size and forecast, by Application
9.3.7.5.5 Market size and forecast, by Sales Channel
9.4 Asia-Pacific
9.4.1 Key trends and opportunities
9.4.2 Asia-Pacific Market size and forecast, by Trailer Type
9.4.3 Asia-Pacific Market size and forecast, by Axle Type
9.4.4 Asia-Pacific Market size and forecast, by Capacity
9.4.5 Asia-Pacific Market size and forecast, by Application
9.4.6 Asia-Pacific Market size and forecast, by Sales Channel
9.4.7 Asia-Pacific Market size and forecast, by country
9.4.7.1 China
9.4.7.1.1 Market size and forecast, by Trailer Type
9.4.7.1.2 Market size and forecast, by Axle Type
9.4.7.1.3 Market size and forecast, by Capacity
9.4.7.1.4 Market size and forecast, by Application
9.4.7.1.5 Market size and forecast, by Sales Channel
9.4.7.2 Japan
9.4.7.2.1 Market size and forecast, by Trailer Type
9.4.7.2.2 Market size and forecast, by Axle Type
9.4.7.2.3 Market size and forecast, by Capacity
9.4.7.2.4 Market size and forecast, by Application
9.4.7.2.5 Market size and forecast, by Sales Channel
9.4.7.3 India
9.4.7.3.1 Market size and forecast, by Trailer Type
9.4.7.3.2 Market size and forecast, by Axle Type
9.4.7.3.3 Market size and forecast, by Capacity
9.4.7.3.4 Market size and forecast, by Application
9.4.7.3.5 Market size and forecast, by Sales Channel
9.4.7.4 Australia
9.4.7.4.1 Market size and forecast, by Trailer Type
9.4.7.4.2 Market size and forecast, by Axle Type
9.4.7.4.3 Market size and forecast, by Capacity
9.4.7.4.4 Market size and forecast, by Application
9.4.7.4.5 Market size and forecast, by Sales Channel
9.4.7.5 Rest of Asia-Pacific
9.4.7.5.1 Market size and forecast, by Trailer Type
9.4.7.5.2 Market size and forecast, by Axle Type
9.4.7.5.3 Market size and forecast, by Capacity
9.4.7.5.4 Market size and forecast, by Application
9.4.7.5.5 Market size and forecast, by Sales Channel
9.5 LAMEA
9.5.1 Key trends and opportunities
9.5.2 LAMEA Market size and forecast, by Trailer Type
9.5.3 LAMEA Market size and forecast, by Axle Type
9.5.4 LAMEA Market size and forecast, by Capacity
9.5.5 LAMEA Market size and forecast, by Application
9.5.6 LAMEA Market size and forecast, by Sales Channel
9.5.7 LAMEA Market size and forecast, by country
9.5.7.1 Latin America
9.5.7.1.1 Market size and forecast, by Trailer Type
9.5.7.1.2 Market size and forecast, by Axle Type
9.5.7.1.3 Market size and forecast, by Capacity
9.5.7.1.4 Market size and forecast, by Application
9.5.7.1.5 Market size and forecast, by Sales Channel
9.5.7.2 Middle East
9.5.7.2.1 Market size and forecast, by Trailer Type
9.5.7.2.2 Market size and forecast, by Axle Type
9.5.7.2.3 Market size and forecast, by Capacity
9.5.7.2.4 Market size and forecast, by Application
9.5.7.2.5 Market size and forecast, by Sales Channel
9.5.7.3 Africa
9.5.7.3.1 Market size and forecast, by Trailer Type
9.5.7.3.2 Market size and forecast, by Axle Type
9.5.7.3.3 Market size and forecast, by Capacity
9.5.7.3.4 Market size and forecast, by Application
9.5.7.3.5 Market size and forecast, by Sales Channel
CHAPTER 10: COMPANY LANDSCAPE
10.1. Introduction
10.2. Top winning strategies
10.3. Product Mapping of Top 10 Player
10.4. Competitive Dashboard
10.5. Competitive Heatmap
10.6. Key developments
CHAPTER 11: COMPANY PROFILES
11.1 American Axle & Manufacturing, Inc
11.1.1 Company overview
11.1.2 Company snapshot
11.1.3 Operating business segments
11.1.4 Product portfolio
11.1.5 Business performance
11.1.6 Key strategic moves and developments
11.2 BPW Bergische Achsen KG
11.2.1 Company overview
11.2.2 Company snapshot
11.2.3 Operating business segments
11.2.4 Product portfolio
11.2.5 Business performance
11.2.6 Key strategic moves and developments
11.3 Dana Incorporated
11.3.1 Company overview
11.3.2 Company snapshot
11.3.3 Operating business segments
11.3.4 Product portfolio
11.3.5 Business performance
11.3.6 Key strategic moves and developments
11.4 Hendrickson USA, L.L.C.
11.4.1 Company overview
11.4.2 Company snapshot
11.4.3 Operating business segments
11.4.4 Product portfolio
11.4.5 Business performance
11.4.6 Key strategic moves and developments
11.5 Meritor, Inc.
11.5.1 Company overview
11.5.2 Company snapshot
11.5.3 Operating business segments
11.5.4 Product portfolio
11.5.5 Business performance
11.5.6 Key strategic moves and developments
11.6 SAF-HOLLAND S.A.
11.6.1 Company overview
11.6.2 Company snapshot
11.6.3 Operating business segments
11.6.4 Product portfolio
11.6.5 Business performance
11.6.6 Key strategic moves and developments
11.7 Schmitz Cargobull
11.7.1 Company overview
11.7.2 Company snapshot
11.7.3 Operating business segments
11.7.4 Product portfolio
11.7.5 Business performance
11.7.6 Key strategic moves and developments
11.8 ZF Friedrichshafen AG
11.8.1 Company overview
11.8.2 Company snapshot
11.8.3 Operating business segments
11.8.4 Product portfolio
11.8.5 Business performance
11.8.6 Key strategic moves and developments
11.9 DexKo Global
11.9.1 Company overview
11.9.2 Company snapshot
11.9.3 Operating business segments
11.9.4 Product portfolio
11.9.5 Business performance
11.9.6 Key strategic moves and developments
11.10 Guangdong Fuwa Engineering Group Co., Ltd.
11.10.1 Company overview
11.10.2 Company snapshot
11.10.3 Operating business segments
11.10.4 Product portfolio
11.10.5 Business performance
11.10.6 Key strategic moves and developments
11.11 Guangzhou TND Axle Co., Ltd
11.11.1 Company overview
11.11.2 Company snapshot
11.11.3 Operating business segments
11.11.4 Product portfolio
11.11.5 Business performance
11.11.6 Key strategic moves and developments
11.12 Jost Werke AG
11.12.1 Company overview
11.12.2 Company snapshot
11.12.3 Operating business segments
11.12.4 Product portfolio
11.12.5 Business performance
11.12.6 Key strategic moves and developments
11.13 Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd
11.13.1 Company overview
11.13.2 Company snapshot
11.13.3 Operating business segments
11.13.4 Product portfolio
11.13.5 Business performance
11.13.6 Key strategic moves and developments
11.14 Rogers Axle & Spring Works, Willex Trailer and Axle Sales
11.14.1 Company overview
11.14.2 Company snapshot
11.14.3 Operating business segments
11.14.4 Product portfolio
11.14.5 Business performance
11.14.6 Key strategic moves and developments
List of Tables
Table 1. Global Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 2. Trailer Axle Market Size, for Dry Van & Box, by Region, 2021-2031 ($Million)
Table 3. Trailer Axle Market for Dry Van & Box by Country, 2021-2031 ($Million)
Table 4. Trailer Axle Market Size, for Refrigerator, by Region, 2021-2031 ($Million)
Table 5. Trailer Axle Market for Refrigerator by Country, 2021-2031 ($Million)
Table 6. Trailer Axle Market Size, for Chemicals & Liquid, by Region, 2021-2031 ($Million)
Table 7. Trailer Axle Market for Chemicals & Liquid by Country, 2021-2031 ($Million)
Table 8. Trailer Axle Market Size, for Tippers, by Region, 2021-2031 ($Million)
Table 9. Trailer Axle Market for Tippers by Country, 2021-2031 ($Million)
Table 10. Trailer Axle Market Size, for Flatbed, by Region, 2021-2031 ($Million)
Table 11. Trailer Axle Market for Flatbed by Country, 2021-2031 ($Million)
Table 12. Trailer Axle Market Size, for Others, by Region, 2021-2031 ($Million)
Table 13. Trailer Axle Market for Others by Country, 2021-2031 ($Million)
Table 14. Global Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 15. Trailer Axle Market Size, for Single Axle, by Region, 2021-2031 ($Million)
Table 16. Trailer Axle Market for Single Axle by Country, 2021-2031 ($Million)
Table 17. Trailer Axle Market Size, for Tandem Axle, by Region, 2021-2031 ($Million)
Table 18. Trailer Axle Market for Tandem Axle by Country, 2021-2031 ($Million)
Table 19. Trailer Axle Market Size, for Three or More Than Three-Axle, by Region, 2021-2031 ($Million)
Table 20. Trailer Axle Market for Three or More Than Three-Axle by Country, 2021-2031 ($Million)
Table 21. Global Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 22. Trailer Axle Market Size, for Lower Than 8,000 Lbs, by Region, 2021-2031 ($Million)
Table 23. Trailer Axle Market for Lower Than 8,000 Lbs by Country, 2021-2031 ($Million)
Table 24. Trailer Axle Market Size, for 8,000-15,000 Lbs, by Region, 2021-2031 ($Million)
Table 25. Trailer Axle Market for 8,000-15,000 Lbs by Country, 2021-2031 ($Million)
Table 26. Trailer Axle Market Size, for 15,000-25,000 Lbs, by Region, 2021-2031 ($Million)
Table 27. Trailer Axle Market for 15,000-25,000 Lbs by Country, 2021-2031 ($Million)
Table 28. Trailer Axle Market Size, for More Than 25,000 Lbs, by Region, 2021-2031 ($Million)
Table 29. Trailer Axle Market for More Than 25,000 Lbs by Country, 2021-2031 ($Million)
Table 30. Global Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 31. Trailer Axle Market Size, for Lightweight Trailers, by Region, 2021-2031 ($Million)
Table 32. Trailer Axle Market for Lightweight Trailers by Country, 2021-2031 ($Million)
Table 33. Trailer Axle Market Size, for Medium-Weight Trailers, by Region, 2021-2031 ($Million)
Table 34. Trailer Axle Market for Medium-Weight Trailers by Country, 2021-2031 ($Million)
Table 35. Trailer Axle Market Size, for Heavy Trailers, by Region, 2021-2031 ($Million)
Table 36. Trailer Axle Market for Heavy Trailers by Country, 2021-2031 ($Million)
Table 37. Global Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 38. Trailer Axle Market Size, for Oem, by Region, 2021-2031 ($Million)
Table 39. Trailer Axle Market for Oem by Country, 2021-2031 ($Million)
Table 40. Trailer Axle Market Size, for Aftermarket, by Region, 2021-2031 ($Million)
Table 41. Trailer Axle Market for Aftermarket by Country, 2021-2031 ($Million)
Table 42. Trailer Axle Market, by Region, 2021-2031 ($Million)
Table 43. North America Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 44. North America Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 45. North America Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 46. North America Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 47. North America Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 48. North America Trailer Axle Market, by Country, 2021-2031 ($Million)
Table 49. U.S. Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 50. U.S. Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 51. U.S. Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 52. U.S. Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 53. U.S. Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 54. Canada Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 55. Canada Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 56. Canada Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 57. Canada Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 58. Canada Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 59. Mexico Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 60. Mexico Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 61. Mexico Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 62. Mexico Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 63. Mexico Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 64. Europe Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 65. Europe Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 66. Europe Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 67. Europe Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 68. Europe Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 69. Europe Trailer Axle Market, by Country, 2021-2031 ($Million)
Table 70. United Kingdom Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 71. United Kingdom Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 72. United Kingdom Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 73. United Kingdom Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 74. United Kingdom Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 75. Germany Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 76. Germany Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 77. Germany Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 78. Germany Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 79. Germany Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 80. France Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 81. France Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 82. France Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 83. France Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 84. France Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 85. Italy Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 86. Italy Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 87. Italy Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 88. Italy Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 89. Italy Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 90. Rest of Europe Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 91. Rest of Europe Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 92. Rest of Europe Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 93. Rest of Europe Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 94. Rest of Europe Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 95. Asia-Pacific Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 96. Asia-Pacific Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 97. Asia-Pacific Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 98. Asia-Pacific Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 99. Asia-Pacific Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 100. Asia-Pacific Trailer Axle Market, by Country, 2021-2031 ($Million)
Table 101. China Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 102. China Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 103. China Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 104. China Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 105. China Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 106. Japan Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 107. Japan Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 108. Japan Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 109. Japan Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 110. Japan Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 111. India Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 112. India Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 113. India Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 114. India Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 115. India Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 116. Australia Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 117. Australia Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 118. Australia Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 119. Australia Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 120. Australia Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 121. Rest of Asia-Pacific Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 122. Rest of Asia-Pacific Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 123. Rest of Asia-Pacific Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 124. Rest of Asia-Pacific Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 125. Rest of Asia-Pacific Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 126. LAMEA Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 127. LAMEA Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 128. LAMEA Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 129. LAMEA Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 130. LAMEA Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 131. LAMEA Trailer Axle Market, by Country, 2021-2031 ($Million)
Table 132. Latin America Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 133. Latin America Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 134. Latin America Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 135. Latin America Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 136. Latin America Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 137. Middle East Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 138. Middle East Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 139. Middle East Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 140. Middle East Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 141. Middle East Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 142. Africa Trailer Axle Market, by Trailer Type, 2021-2031 ($Million)
Table 143. Africa Trailer Axle Market, by Axle Type, 2021-2031 ($Million)
Table 144. Africa Trailer Axle Market, by Capacity, 2021-2031 ($Million)
Table 145. Africa Trailer Axle Market, by Application, 2021-2031 ($Million)
Table 146. Africa Trailer Axle Market, by Sales Channel, 2021-2031 ($Million)
Table 147. American Axle & Manufacturing, Inc: Company Snapshot
Table 148. American Axle & Manufacturing, Inc: Operating Segments
Table 149. American Axle & Manufacturing, Inc: Product Portfolio
Table 150. American Axle & Manufacturing, Inc: Net Sales
Table 151. American Axle & Manufacturing, Inc: Key Stratergies
Table 152. Bpw Bergische Achsen Kg: Company Snapshot
Table 153. Bpw Bergische Achsen Kg: Operating Segments
Table 154. Bpw Bergische Achsen Kg: Product Portfolio
Table 155. Bpw Bergische Achsen Kg: Net Sales
Table 156. Bpw Bergische Achsen Kg: Key Stratergies
Table 157. Dana Incorporated: Company Snapshot
Table 158. Dana Incorporated: Operating Segments
Table 159. Dana Incorporated: Product Portfolio
Table 160. Dana Incorporated: Net Sales
Table 161. Dana Incorporated: Key Stratergies
Table 162. Hendrickson Usa, L.L.C.: Company Snapshot
Table 163. Hendrickson Usa, L.L.C.: Operating Segments
Table 164. Hendrickson Usa, L.L.C.: Product Portfolio
Table 165. Hendrickson Usa, L.L.C.: Net Sales
Table 166. Hendrickson Usa, L.L.C.: Key Stratergies
Table 167. Meritor, Inc.: Company Snapshot
Table 168. Meritor, Inc.: Operating Segments
Table 169. Meritor, Inc.: Product Portfolio
Table 170. Meritor, Inc.: Net Sales
Table 171. Meritor, Inc.: Key Stratergies
Table 172. Saf-Holland S.A.: Company Snapshot
Table 173. Saf-Holland S.A.: Operating Segments
Table 174. Saf-Holland S.A.: Product Portfolio
Table 175. Saf-Holland S.A.: Net Sales
Table 176. Saf-Holland S.A.: Key Stratergies
Table 177. Schmitz Cargobull: Company Snapshot
Table 178. Schmitz Cargobull: Operating Segments
Table 179. Schmitz Cargobull: Product Portfolio
Table 180. Schmitz Cargobull: Net Sales
Table 181. Schmitz Cargobull: Key Stratergies
Table 182. Zf Friedrichshafen Ag: Company Snapshot
Table 183. Zf Friedrichshafen Ag: Operating Segments
Table 184. Zf Friedrichshafen Ag: Product Portfolio
Table 185. Zf Friedrichshafen Ag: Net Sales
Table 186. Zf Friedrichshafen Ag: Key Stratergies
Table 187. Dexko Global: Company Snapshot
Table 188. Dexko Global: Operating Segments
Table 189. Dexko Global: Product Portfolio
Table 190. Dexko Global: Net Sales
Table 191. Dexko Global: Key Stratergies
Table 192. Guangdong Fuwa Engineering Group Co., Ltd.: Company Snapshot
Table 193. Guangdong Fuwa Engineering Group Co., Ltd.: Operating Segments
Table 194. Guangdong Fuwa Engineering Group Co., Ltd.: Product Portfolio
Table 195. Guangdong Fuwa Engineering Group Co., Ltd.: Net Sales
Table 196. Guangdong Fuwa Engineering Group Co., Ltd.: Key Stratergies
Table 197. Guangzhou Tnd Axle Co., Ltd: Company Snapshot
Table 198. Guangzhou Tnd Axle Co., Ltd: Operating Segments
Table 199. Guangzhou Tnd Axle Co., Ltd: Product Portfolio
Table 200. Guangzhou Tnd Axle Co., Ltd: Net Sales
Table 201. Guangzhou Tnd Axle Co., Ltd: Key Stratergies
Table 202. Jost Werke Ag: Company Snapshot
Table 203. Jost Werke Ag: Operating Segments
Table 204. Jost Werke Ag: Product Portfolio
Table 205. Jost Werke Ag: Net Sales
Table 206. Jost Werke Ag: Key Stratergies
Table 207. Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd: Company Snapshot
Table 208. Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd: Operating Segments
Table 209. Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd: Product Portfolio
Table 210. Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd: Net Sales
Table 211. Jiangling Group Shandong Huayue Vehicle Parts Co., Ltd: Key Stratergies
Table 212. Rogers Axle & Spring Works, Willex Trailer and Axle Sales: Company Snapshot
Table 213. Rogers Axle & Spring Works, Willex Trailer and Axle Sales: Operating Segments
Table 214. Rogers Axle & Spring Works, Willex Trailer and Axle Sales: Product Portfolio
Table 215. Rogers Axle & Spring Works, Willex Trailer and Axle Sales: Net Sales
Table 216. Rogers Axle & Spring Works, Willex Trailer and Axle Sales: Key Stratergies
List of Figures
Figure 1. Trailer Axle Market Segmentation
Figure 2. Trailer Axle Market,2021-2031
Figure 3. Trailer Axle Market,2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Trailer Axle Market:Drivers, Restraints and Opportunities
Figure 12. Trailer Axle Market,By Trailer Type,2021(%)
Figure 13. Comparative Share Analysis of Dry Van & Box Trailer Axle Market,2021-2031(%)
Figure 14. Comparative Share Analysis of Refrigerator Trailer Axle Market,2021-2031(%)
Figure 15. Comparative Share Analysis of Chemicals & Liquid Trailer Axle Market,2021-2031(%)
Figure 16. Comparative Share Analysis of Tippers Trailer Axle Market,2021-2031(%)
Figure 17. Comparative Share Analysis of Flatbed Trailer Axle Market,2021-2031(%)
Figure 18. Comparative Share Analysis of Others Trailer Axle Market,2021-2031(%)
Figure 19. Trailer Axle Market,By Axle Type,2021(%)
Figure 20. Comparative Share Analysis of Single Axle Trailer Axle Market,2021-2031(%)
Figure 21. Comparative Share Analysis of Tandem Axle Trailer Axle Market,2021-2031(%)
Figure 22. Comparative Share Analysis of Three or More Than Three-Axle Trailer Axle Market,2021-2031(%)
Figure 23. Trailer Axle Market,By Capacity,2021(%)
Figure 24. Comparative Share Analysis of Lower Than 8,000 Lbs Trailer Axle Market,2021-2031(%)
Figure 25. Comparative Share Analysis of 8,000-15,000 Lbs Trailer Axle Market,2021-2031(%)
Figure 26. Comparative Share Analysis of 15,000-25,000 Lbs Trailer Axle Market,2021-2031(%)
Figure 27. Comparative Share Analysis of More Than 25,000 Lbs Trailer Axle Market,2021-2031(%)
Figure 28. Trailer Axle Market,By Application,2021(%)
Figure 29. Comparative Share Analysis of Lightweight Trailers Trailer Axle Market,2021-2031(%)
Figure 30. Comparative Share Analysis of Medium-Weight Trailers Trailer Axle Market,2021-2031(%)
Figure 31. Comparative Share Analysis of Heavy Trailers Trailer Axle Market,2021-2031(%)
Figure 32. Trailer Axle Market,By Sales Channel,2021(%)
Figure 33. Comparative Share Analysis of OEM Trailer Axle Market,2021-2031(%)
Figure 34. Comparative Share Analysis of Aftermarket Trailer Axle Market,2021-2031(%)
Figure 35. Trailer Axle Market by Region,2021
Figure 36. U.S. Trailer Axle Market,2021-2031($Million)
Figure 37. Canada Trailer Axle Market,2021-2031($Million)
Figure 38. Mexico Trailer Axle Market,2021-2031($Million)
Figure 39. United Kingdom Trailer Axle Market,2021-2031($Million)
Figure 40. Germany Trailer Axle Market,2021-2031($Million)
Figure 41. France Trailer Axle Market,2021-2031($Million)
Figure 42. Italy Trailer Axle Market,2021-2031($Million)
Figure 43. Rest of Europe Trailer Axle Market,2021-2031($Million)
Figure 44. China Trailer Axle Market,2021-2031($Million)
Figure 45. Japan Trailer Axle Market,2021-2031($Million)
Figure 46. India Trailer Axle Market,2021-2031($Million)
Figure 47. Australia Trailer Axle Market,2021-2031($Million)
Figure 48. Rest of Asia-Pacific Trailer Axle Market,2021-2031($Million)
Figure 49. Latin America Trailer Axle Market,2021-2031($Million)
Figure 50. Middle East Trailer Axle Market,2021-2031($Million)
Figure 51. Africa Trailer Axle Market,2021-2031($Million)
Figure 52. Top Winning Strategies, by Year
Figure 53. Top Winning Strategies, by Development
Figure 54. Top Winning Strategies, by Company
Figure 55. Product Mapping of Top 10 Players
Figure 56. Competitive Dashboard
Figure 57. Competitive Heatmap of Top 10 Key Players
Figure 58. American Axle & Manufacturing, Inc.: Net Sales ,($Million)
Figure 59. Bpw Bergische Achsen KG.: Net Sales ,($Million)
Figure 60. Dana Incorporated.: Net Sales ,($Million)
Figure 61. Hendrickson Usa, L.L.C..: Net Sales ,($Million)
Figure 62. Meritor, Inc..: Net Sales ,($Million)
Figure 63. Saf-Holland SA.: Net Sales ,($Million)
Figure 64. Schmitz Cargobull.: Net Sales ,($Million)
Figure 65. Zf Friedrichshafen AG.: Net Sales ,($Million)
Figure 66. Dexko Global.: Net Sales ,($Million)
Figure 67. Guangdong Fuwa Engineering Group Co. Ltd..: Net Sales ,($Million)
Figure 68. Guangzhou Tnd Axle Co. Ltd.: Net Sales ,($Million)
Figure 69. Jost Werke AG.: Net Sales ,($Million)
Figure 70. Jiangling Group Shandong Huayue Vehicle Parts Co. Ltd.: Net Sales ,($Million)
Figure 71. Rogers Axle & Spring Works, Willex Trailer and Axle Sales.: Net Sales ,($Million)

Executive Summary

According to the report, titled, “Trailer Axle Market," the trailer axle market was valued at $5.93 billion in 2021, and is estimated to reach $9.36 billion by 2031, growing at a CAGR of 4.8% from 2022 to 2031.

Asia-Pacific is expected to dominate the global trailer axle market in 2021. The high growth of industrialization coupled with rise in logistics sector in Asia-Pacific drive the demand for trailer axles in the region. In addition, increase in the overall industrial production has led to increased freight transportation, which is fuels the demand for trailer axle in this region. Moreover, strong presence of global trailer manufacturers along with the emergence of local startups in the region are further anticipated to drive the automotive trailer market in Asia-Pacific.

The tandem axle accounted for a major share in 2021. Tandem axle trailers are more heavy-duty and generally larger in size compared to single axle trailer. This makes them more suitable for transporting heavier loads at higher speed such as landscaping products or firewood., it provides greater stability on the road as load weight is distributed more evenly due to the two axles. Moreover, tandem trailers are more stable at highway speeds; these offer better suspension and are less prone to swaying. This increases the demand for tandem axle trailer in FMCG and e-commerce logistics and industrial sectors, which in turn is expected to propel the segmental growth.

The growth of the global trailer axle market has propelled due to expansion of automotive & transportation industry, introduction of e-axle in trailers, and introduction of emission regulations for transport refrigeration units. However, fluctuating prices of raw materials used for manufacturing of axles is the factor restraining the growth of the market. Furthermore, increase in use of lightweight material for manufacturing of axle is the factor expected to offer growth opportunities during the forecast period.

COVID-19 Impact Analysis

  • The COVID-19 crisis has created uncertainty in the market, owing to major impact in the supply chain, falling business confidence, and increasing panic among the customer segments. Governments across the world announced total lockdown and temporary shutdown of industries, thereby adversely affecting the overall production and sales. Countries around the globe imposed stringent restrictions ranging from days to months of lockdown periods. Owing to this pandemic, many businesses have been halted and are still waiting for the market conditions to improve.
  • For the trailer axle market, the year 2020 is estimated to be a negative performing year, owing to the decreasing demand and supply outlook from the COVID-19 crisis restrictions in end-use industries such as manufacturing, electronics, and textile & apparel, construction industries among others.
  • Demand from end use industries has reduced as there is limited operational activity. The overall production activities of these industries have declined, owing to operations with limited workforce capacity and inadequate health safety measures. This expected weak business performance directly impacts the overall sales of the trailer axles.
  • The spread of the COVID-19 pandemic has negatively impacted the global trailer axle market, owing to decrease in the number of new trailer orders, decrease in the production of trailers, and commute restrictions. For instance, the top 25 trailer manufacturers built 211,807 trailers in 2020, down 34% from the 322,341 units built in 2019. In addition, Hyundai Translead of San Diego, California built 34,739 truck trailer in 2020, down 47% from 2019.

Key Findings of the Study

  • By trailer type, the others segment is anticipated to exhibit significant growth in the near future.
  • By axle type, the three or more than three-axle segment is anticipated to exhibit significant growth in the near future.
  • By capacity, the more than 25,000 lbs segment is anticipated to exhibit significant growth in the near future.
  • By application, the heavy trailers segment is anticipated to exhibit significant growth in the near future.
  • By sales channel, the aftermarket segment is anticipated to exhibit significant growth in the near future.
  • By region, LAMEA is anticipated to register the highest CAGR during the forecast period.
  • Key players operating in the global trailer axle market include American Axle & Manufacturing, Inc., BPW Group, Dana Incorporated, DexKo Global Inc., Dexter Axle Company, FUWA K Hitch, GuangZhou TND Axle Co., Ltd., Hendrickson Corporation, Hitachi Ltd., JOST Axle Systems, Meritor, Inc., SAF-Holland, Schmitz Cargobull, Shandong Huayue, and ZF Friedrichshafen AG.

Companies Mentioned

  • American Axle & Manufacturing, Inc
  • Bpw Bergische Achsen Kg
  • Dana Incorporated
  • Hendrickson Usa, L.L.C.
  • Meritor, Inc.
  • Saf-Holland S.A.
  • Schmitz Cargobull
  • Zf Friedrichshafen AG
  • Dexko Global
  • Guangdong Fuwa Engineering Group Co. Ltd.
  • Guangzhou Tnd Axle Co. Ltd
  • Jost Werke AG
  • Jiangling Group Shandong Huayue Vehicle Parts Co. Ltd
  • Rogers Axle & Spring Works, Willex Trailer and Axle Sales

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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