Rear Axle Commodity Market Size, Share and Forecast 2026
The rear axle has also been classified based on the design of axles such as Banjo axle, split axle, and carrier axle. The rear axle is used in the passenger vehicle, commercial vehicle and heavy-duty vehicle.
(EMAILWIRE.COM, September 05, 2019 ) Market Overview
• Rear axle is the last member of the powertrain. In most of the automobiles, the rear axle is the driving axle. It lies between driving wheels and the differential gear.
• Rear axle is the most critical component in a vehicle goes through a lot of mechanical wear and tear under challenging conditions. So, the quality of light-weight rear axles cannot be compromised.
• The rear axle manufacturers are trying to provide maximum comfort, safety, and cost advantage to the consumers buy their products. The suppliers are trying to offer light-weight rear axle components with higher axle ratios and low power losses under severe functioning conditions.
Market Dynamics
• The increase in demand for passenger vehicles is expected to grow due to the high disposable income in developing countries; this is driving the global automotive rear axle commodity market..
• The increasing demand for all-wheel drive (AWD), with a powertrain capable of providing power to all its wheels at increased maneuvering. This has driven the global automotive rear axle commodity market.
Rear Axle Commodity Market Restraints
• The increasing price of fuel in the upcoming years along with rising in the cost of automotive with latest axle technologies had been a significant restraint for global automotive rear axle commodity market.
Market Segmentation
By product type
• The Half floating rear axle is at the center of the axle casing. The whole weight of the vehicle is first transmitted to suspension spring than to the axle casing, rear axle, wheel, and ground.
• Three quarter floating rear axle is on the outer side of casing between the wheel and the axle casing. The main advantage of this is that the significant part of the load is taken by the axle casing and not by the axle. It only takes care of the rotating and transmits the power.
• Banjo axle is a single shaft. The banjo axle construction is often used for lighter and smaller vehicles.
• Split axle shaft is used with the central housing contain the differential gear, and it is fitted with a tube on each side to carry the half axles and bearing.
• Key market segments covered
By Type
• Full floating axle
• Semi-floating axle
• Three quarter floating axle
By design type
• Banjo axle
• Split shaft
• Carrier axle
By vehicle type
• Passenger car
• Commercial vehicle
• Heavy duty vehicle
By Sales Channel
• OEM
• Aftermarket
Company Profiles
• Talbros Engineering Limited
• American Axle and Manufacturing Holdings, Inc.
• GNA Axles Ltd.
• Others
Geographical Analysis
• Asia Pacific
• Europe
• North America
• South America
• Rest of the World
View full sample report: https://www.datamintelligence.com/research-report/rear-axle-commodity-market
Download free sample: https://www.datamintelligence.com/download-sample/rear-axle-commodity-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
• Rear axle is the last member of the powertrain. In most of the automobiles, the rear axle is the driving axle. It lies between driving wheels and the differential gear.
• Rear axle is the most critical component in a vehicle goes through a lot of mechanical wear and tear under challenging conditions. So, the quality of light-weight rear axles cannot be compromised.
• The rear axle manufacturers are trying to provide maximum comfort, safety, and cost advantage to the consumers buy their products. The suppliers are trying to offer light-weight rear axle components with higher axle ratios and low power losses under severe functioning conditions.
Market Dynamics
• The increase in demand for passenger vehicles is expected to grow due to the high disposable income in developing countries; this is driving the global automotive rear axle commodity market..
• The increasing demand for all-wheel drive (AWD), with a powertrain capable of providing power to all its wheels at increased maneuvering. This has driven the global automotive rear axle commodity market.
Rear Axle Commodity Market Restraints
• The increasing price of fuel in the upcoming years along with rising in the cost of automotive with latest axle technologies had been a significant restraint for global automotive rear axle commodity market.
Market Segmentation
By product type
• The Half floating rear axle is at the center of the axle casing. The whole weight of the vehicle is first transmitted to suspension spring than to the axle casing, rear axle, wheel, and ground.
• Three quarter floating rear axle is on the outer side of casing between the wheel and the axle casing. The main advantage of this is that the significant part of the load is taken by the axle casing and not by the axle. It only takes care of the rotating and transmits the power.
• Banjo axle is a single shaft. The banjo axle construction is often used for lighter and smaller vehicles.
• Split axle shaft is used with the central housing contain the differential gear, and it is fitted with a tube on each side to carry the half axles and bearing.
• Key market segments covered
By Type
• Full floating axle
• Semi-floating axle
• Three quarter floating axle
By design type
• Banjo axle
• Split shaft
• Carrier axle
By vehicle type
• Passenger car
• Commercial vehicle
• Heavy duty vehicle
By Sales Channel
• OEM
• Aftermarket
Company Profiles
• Talbros Engineering Limited
• American Axle and Manufacturing Holdings, Inc.
• GNA Axles Ltd.
• Others
Geographical Analysis
• Asia Pacific
• Europe
• North America
• South America
• Rest of the World
View full sample report: https://www.datamintelligence.com/research-report/rear-axle-commodity-market
Download free sample: https://www.datamintelligence.com/download-sample/rear-axle-commodity-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results