自動車用アクスルおよびプロペラシャフト市場の2030年までの予測： タイプ別、プロペラシフト別、材質別、車種別、販売チャネル別、地域別の世界分析

Stratistics MRCによると、自動車用アクスルおよびプロペラシャフトの世界市場は、2023年に331億8,000万米ドルを占め、予測期間中にCAGR 5.7％で成長し、2030年には489億2,000万米ドルに達すると予測されています。

アクスルは、ディファレンシャルから車輪に動力を連結して伝達するシャフトまたはロッドです。車輪の回転とサスペンションの動きを容易にすると同時に、動力の分配を確実にし、車両の重量を支えます。さらに、これらの部品は通常、スチールやその他の耐久性のある材料を使用して製造され、車両の運転中に経験する様々な力やトルクに耐えられるように設計されています。

電気自動車の採用増加

電気自動車（EV）には、電気ドライブトレイン用に調整された特殊なアクスルおよびプロペラシャフトシステムが必要であり、独自のモーター構成や動力伝達のニーズに対応しています。EVへのシフトは、軽量で高効率のコンポーネントを重視し、アクスルとシャフトの技術革新を促進します。自動車産業がその環境上の利点と効率性から電気推進に移行するにつれ、電気自動車のアーキテクチャに適合する高度なカスタム設計のアクスルとプロペラシャフトシステムに対する需要の高まりが顕著な促進要因となっており、より環境に優しく持続可能な輸送ソリューションに向けた市場の進化と拡大を形成しています。

原材料価格の変動

鉄鋼、アルミニウム、特殊合金などの必須材料の価格変動は製造コストに影響し、アクスルおよびプロペラシャフトシステムの製造費用全体に直接影響します。急激な価格変動はコスト予測を狂わせ、予測不可能な出費を招き、メーカーの利益率を圧迫する可能性があります。この課題は、戦略的計画、生産予測、コスト効率の高い製造に支障をきたし、競争力のある価格を提供する上で障害となり、市場の安定性に影響を与え、自動車用アクスル・プロペラシャフト市場に不確実性をもたらします。

軽量素材の重視の高まり

先端複合材料、高強度合金、炭素繊維強化プラスチックなどの材料の革新は、軽量でありながら耐久性のあるアクスル・プロペラシャフトシステムの可能性を提供します。これらの軽量素材を利用することで、燃費が向上し、車両重量が軽減され、全体的な性能が向上します。さらに、アクスルシャフトやプロペラシャフト用の革新的で強度が高く、コスト効率の高い軽量材料を生み出すために研究開発に投資するメーカーは、効率的で環境に優しいドライブトレインコンポーネントに対する業界の需要に応えることができ、市場での競争力を高めることができます。

規制基準

排出ガス、安全性、車両性能に重点を置いた規制の進化により、適合基準を満たすためにアクスルシャフトやプロペラシャフトのシステムにコストのかかる調整や改造が必要になることがよくあります。このような厳しい規制を遵守するためには、設計、製造、試験の各プロセスが複雑になり、費用がかかります。適合しなかった場合、市場からの排除や罰則につながる可能性があります。そのため、市場成長のための需要が減少しています。

COVID-19の影響

COVID-19パンデミックは生産、サプライチェーン、需要に混乱を引き起こしています。ロックダウン、工場閉鎖、サプライチェーンの中断は自動車生産の減少につながり、車軸メーカーやプロペラシャフトメーカーに影響を及ぼしています。消費者需要の変動、経済の不確実性、労働力の課題は、市場の成長をさらに妨げました。しかし、規制が緩和されるにつれて徐々に回復し、自動車需要と生産が回復しました。さらに、パンデミックは電気自動車やオンライン販売などの動向を加速させ、メーカーに革新と適応を促しました。

予測期間中、単一ピースプロペラシャフトセグメントが最大になる見込み

単一ピースプロペラシャフトセグメントが最大のシェアを占めると推定されます。シングルピースプロペラシャフトは、車両のトランスミッションとリアアクスル間のシームレスで堅牢な連結を提供します。この設計により、継ぎ目や接続部が最小限に抑えられ、耐久性が向上し、振動が減少し、車両の動力伝達効率が最適化されます。シングルピースプロペラシャフトは、メンテナンスの軽減、燃費の改善、総合性能の向上といった利点を提供し、その信頼性と厳しい性能基準を満たす能力から、最新の自動車ドライブトレインシステムで求められる選択肢となっています。

大型商用車セグメントは予測期間中に最も高いCAGRが見込まれる

大型商用車セグメントは、予測期間中に有利な成長が見込まれます。大型商用車の車軸構成は、単車軸、タンデム車軸、多車軸などさまざまで、さまざまな重量容量に対応しています。このセグメントのプロペラシャフトは、耐久性、信頼性、高負荷下での広範囲な使用に耐える能力が要求されます。さらに、アクスルおよびプロペラシャフトシステムの性能と効率は、世界中の輸送およびロジスティクス産業に対応する大型商用車の信頼性の高い運転にとって重要な要素です。

最大のシェアを占める地域

アジア太平洋地域は、自動車生産台数の増加、工業化、インフラ整備により、予測期間中最大の市場シェアを占めました。この市場拡大は、技術の進歩、低燃費車への需要、電気自動車やハイブリッド車へのシフトによって促進されています。さらに、この地域は交通網の強化に重点を置いており、自動車セクターへの投資が増加しているため、アクスルとプロペラシャフトのメーカーは、このダイナミックで急速に発展する市場の高まる需要に対応する機会が増えています。

CAGRが最も高い地域：

北米は、予測期間中に収益性の高い成長を遂げると予想されます。米国、カナダ、メキシコが主要市場を形成しており、小型車と大型車の旺盛な需要の恩恵を受けています。電気自動車やハイブリッド車の採用増加、厳しい排ガス規制、燃費効率重視などの要因が市場の進展を後押ししています。さらに、この地域が軽量素材や高度な製造技術の研究開発に重点を置いていることも市場の発展に寄与しており、ダイナミックな自動車情勢の中でアクスルとプロペラシャフトのメーカーに有利な機会を提供しています。

無料のカスタマイズサービス

本レポートをご購読のお客様には、以下の無料カスタマイズオプションのいずれかをご利用いただけます：

• 企業プロファイル
  • 追加市場プレイヤーの包括的プロファイリング（3社まで）
  • 主要企業のSWOT分析（3社まで）
• 地域セグメンテーション
  • 顧客の関心に応じた主要国の市場推計・予測・CAGR（注：フィージビリティチェックによる）
• 競合ベンチマーキング
  • 製品ポートフォリオ、地理的プレゼンス、戦略的提携に基づく主要企業のベンチマーキング

目次

第1章 エグゼクティブサマリー

第2章 序文

• 概要
• ステークホルダー
• 調査範囲
• 調査手法
  • データマイニング
  • データ分析
  • データ検証
  • 調査アプローチ
• 調査ソース
  • 1次調査ソース
  • 2次調査ソース
  • 前提条件

第3章 市場動向分析

• 促進要因
• 抑制要因
• 機会
• 脅威
• 新興市場
• 新型コロナウイルス感染症（COVID-19）の影響

第4章 ポーターのファイブフォース分析

• 供給企業の交渉力
• 買い手の交渉力
• 代替品の脅威
• 新規参入業者の脅威
• 競争企業間の敵対関係

第5章 世界の自動車用アクスルおよびプロペラシャフト市場：タイプ別

• ライブアクスル
• タンデムアクスル
• デッドアクスル

第6章 世界の自動車用アクスルおよびプロペラシャフト市場：プロペラシフト別

• 一体型プロペラシャフト
• マルチピースプロペラシャフト

第7章 世界の自動車用アクスルおよびプロペラシャフト市場：材料別

• カーボンファイバー
• 合金

第8章 世界の自動車用アクスルおよびプロペラシャフト市場：車種別

• 乗用車
• 大型商用車
• 小型商用車

第9章 世界の自動車用アクスルおよびプロペラシャフト市場：販売チャネル別

• アフターマーケット
• OEMメーカー

第10章 世界の自動車用アクスルおよびプロペラシャフト市場：地域別

• 北米
  • 米国
  • カナダ
  • メキシコ
• 欧州
  • ドイツ
  • 英国
  • イタリア
  • フランス
  • スペイン
  • その他欧州
• アジア太平洋地域
  • 日本
  • 中国
  • インド
  • オーストラリア
  • ニュージーランド
  • 韓国
  • その他アジア太平洋地域
• 南米
  • アルゼンチン
  • ブラジル
  • チリ
  • その他南米
• 中東とアフリカ
  • サウジアラビア
  • アラブ首長国連邦
  • カタール
  • 南アフリカ
  • その他中東とアフリカ

第11章 主な発展

• 契約、パートナーシップ、コラボレーション、合弁事業
• 買収と合併
• 新製品の発売
• 事業拡大
• その他の主要戦略

第12章 企業プロファイル

• American Axle & Manufacturing, Inc.
• Dana Incorporated
• Hyundai Wia Corporation
• Hitachi, Ltd.
• JTEKT Corporation
• Meritor, Inc.
• ZF Friedrichshafen AG
• IFA Group
• Melrose Industries Plc
• Gestamp Automocion, S.A.
• Korea Flange Co. Ltd.（KOFCO）
• Showa Corporation
• Gelenkwellen-Service GmbH.
• GKN-Walterscheid GmbH
• Automotive Axles Limited
• Mark Williams Enterprises Inc.

List of Tables

• Table 1 Global Automotive Axle & Propeller Shaft Market Outlook, By Region (2021-2030) ($MN)
• Table 2 Global Automotive Axle & Propeller Shaft Market Outlook, By Type (2021-2030) ($MN)
• Table 3 Global Automotive Axle & Propeller Shaft Market Outlook, By Live Axle (2021-2030) ($MN)
• Table 4 Global Automotive Axle & Propeller Shaft Market Outlook, By Tandem Axle (2021-2030) ($MN)
• Table 5 Global Automotive Axle & Propeller Shaft Market Outlook, By Dead Axle (2021-2030) ($MN)
• Table 6 Global Automotive Axle & Propeller Shaft Market Outlook, By Propeller Shift (2021-2030) ($MN)
• Table 7 Global Automotive Axle & Propeller Shaft Market Outlook, By Single Piece Propeller Shaft (2021-2030) ($MN)
• Table 8 Global Automotive Axle & Propeller Shaft Market Outlook, By Multi Piece Propeller Shaft (2021-2030) ($MN)
• Table 9 Global Automotive Axle & Propeller Shaft Market Outlook, By Material (2021-2030) ($MN)
• Table 10 Global Automotive Axle & Propeller Shaft Market Outlook, By Carbon Fiber (2021-2030) ($MN)
• Table 11 Global Automotive Axle & Propeller Shaft Market Outlook, By Alloy (2021-2030) ($MN)
• Table 12 Global Automotive Axle & Propeller Shaft Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 13 Global Automotive Axle & Propeller Shaft Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 14 Global Automotive Axle & Propeller Shaft Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
• Table 15 Global Automotive Axle & Propeller Shaft Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
• Table 16 Global Automotive Axle & Propeller Shaft Market Outlook, By Sales Channel (2021-2030) ($MN)
• Table 17 Global Automotive Axle & Propeller Shaft Market Outlook, By Aftermarket (2021-2030) ($MN)
• Table 18 Global Automotive Axle & Propeller Shaft Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
• Table 19 North America Automotive Axle & Propeller Shaft Market Outlook, By Country (2021-2030) ($MN)
• Table 20 North America Automotive Axle & Propeller Shaft Market Outlook, By Type (2021-2030) ($MN)
• Table 21 North America Automotive Axle & Propeller Shaft Market Outlook, By Live Axle (2021-2030) ($MN)
• Table 22 North America Automotive Axle & Propeller Shaft Market Outlook, By Tandem Axle (2021-2030) ($MN)
• Table 23 North America Automotive Axle & Propeller Shaft Market Outlook, By Dead Axle (2021-2030) ($MN)
• Table 24 North America Automotive Axle & Propeller Shaft Market Outlook, By Propeller Shift (2021-2030) ($MN)
• Table 25 North America Automotive Axle & Propeller Shaft Market Outlook, By Single Piece Propeller Shaft (2021-2030) ($MN)
• Table 26 North America Automotive Axle & Propeller Shaft Market Outlook, By Multi Piece Propeller Shaft (2021-2030) ($MN)
• Table 27 North America Automotive Axle & Propeller Shaft Market Outlook, By Material (2021-2030) ($MN)
• Table 28 North America Automotive Axle & Propeller Shaft Market Outlook, By Carbon Fiber (2021-2030) ($MN)
• Table 29 North America Automotive Axle & Propeller Shaft Market Outlook, By Alloy (2021-2030) ($MN)
• Table 30 North America Automotive Axle & Propeller Shaft Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 31 North America Automotive Axle & Propeller Shaft Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 32 North America Automotive Axle & Propeller Shaft Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
• Table 33 North America Automotive Axle & Propeller Shaft Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
• Table 34 North America Automotive Axle & Propeller Shaft Market Outlook, By Sales Channel (2021-2030) ($MN)
• Table 35 North America Automotive Axle & Propeller Shaft Market Outlook, By Aftermarket (2021-2030) ($MN)
• Table 36 North America Automotive Axle & Propeller Shaft Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
• Table 37 Europe Automotive Axle & Propeller Shaft Market Outlook, By Country (2021-2030) ($MN)
• Table 38 Europe Automotive Axle & Propeller Shaft Market Outlook, By Type (2021-2030) ($MN)
• Table 39 Europe Automotive Axle & Propeller Shaft Market Outlook, By Live Axle (2021-2030) ($MN)
• Table 40 Europe Automotive Axle & Propeller Shaft Market Outlook, By Tandem Axle (2021-2030) ($MN)
• Table 41 Europe Automotive Axle & Propeller Shaft Market Outlook, By Dead Axle (2021-2030) ($MN)
• Table 42 Europe Automotive Axle & Propeller Shaft Market Outlook, By Propeller Shift (2021-2030) ($MN)
• Table 43 Europe Automotive Axle & Propeller Shaft Market Outlook, By Single Piece Propeller Shaft (2021-2030) ($MN)
• Table 44 Europe Automotive Axle & Propeller Shaft Market Outlook, By Multi Piece Propeller Shaft (2021-2030) ($MN)
• Table 45 Europe Automotive Axle & Propeller Shaft Market Outlook, By Material (2021-2030) ($MN)
• Table 46 Europe Automotive Axle & Propeller Shaft Market Outlook, By Carbon Fiber (2021-2030) ($MN)
• Table 47 Europe Automotive Axle & Propeller Shaft Market Outlook, By Alloy (2021-2030) ($MN)
• Table 48 Europe Automotive Axle & Propeller Shaft Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 49 Europe Automotive Axle & Propeller Shaft Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 50 Europe Automotive Axle & Propeller Shaft Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
• Table 51 Europe Automotive Axle & Propeller Shaft Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
• Table 52 Europe Automotive Axle & Propeller Shaft Market Outlook, By Sales Channel (2021-2030) ($MN)
• Table 53 Europe Automotive Axle & Propeller Shaft Market Outlook, By Aftermarket (2021-2030) ($MN)
• Table 54 Europe Automotive Axle & Propeller Shaft Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
• Table 55 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Country (2021-2030) ($MN)
• Table 56 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Type (2021-2030) ($MN)
• Table 57 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Live Axle (2021-2030) ($MN)
• Table 58 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Tandem Axle (2021-2030) ($MN)
• Table 59 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Dead Axle (2021-2030) ($MN)
• Table 60 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Propeller Shift (2021-2030) ($MN)
• Table 61 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Single Piece Propeller Shaft (2021-2030) ($MN)
• Table 62 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Multi Piece Propeller Shaft (2021-2030) ($MN)
• Table 63 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Material (2021-2030) ($MN)
• Table 64 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Carbon Fiber (2021-2030) ($MN)
• Table 65 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Alloy (2021-2030) ($MN)
• Table 66 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 67 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 68 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
• Table 69 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
• Table 70 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Sales Channel (2021-2030) ($MN)
• Table 71 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Aftermarket (2021-2030) ($MN)
• Table 72 Asia Pacific Automotive Axle & Propeller Shaft Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
• Table 73 South America Automotive Axle & Propeller Shaft Market Outlook, By Country (2021-2030) ($MN)
• Table 74 South America Automotive Axle & Propeller Shaft Market Outlook, By Type (2021-2030) ($MN)
• Table 75 South America Automotive Axle & Propeller Shaft Market Outlook, By Live Axle (2021-2030) ($MN)
• Table 76 South America Automotive Axle & Propeller Shaft Market Outlook, By Tandem Axle (2021-2030) ($MN)
• Table 77 South America Automotive Axle & Propeller Shaft Market Outlook, By Dead Axle (2021-2030) ($MN)
• Table 78 South America Automotive Axle & Propeller Shaft Market Outlook, By Propeller Shift (2021-2030) ($MN)
• Table 79 South America Automotive Axle & Propeller Shaft Market Outlook, By Single Piece Propeller Shaft (2021-2030) ($MN)
• Table 80 South America Automotive Axle & Propeller Shaft Market Outlook, By Multi Piece Propeller Shaft (2021-2030) ($MN)
• Table 81 South America Automotive Axle & Propeller Shaft Market Outlook, By Material (2021-2030) ($MN)
• Table 82 South America Automotive Axle & Propeller Shaft Market Outlook, By Carbon Fiber (2021-2030) ($MN)
• Table 83 South America Automotive Axle & Propeller Shaft Market Outlook, By Alloy (2021-2030) ($MN)
• Table 84 South America Automotive Axle & Propeller Shaft Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 85 South America Automotive Axle & Propeller Shaft Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 86 South America Automotive Axle & Propeller Shaft Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
• Table 87 South America Automotive Axle & Propeller Shaft Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
• Table 88 South America Automotive Axle & Propeller Shaft Market Outlook, By Sales Channel (2021-2030) ($MN)
• Table 89 South America Automotive Axle & Propeller Shaft Market Outlook, By Aftermarket (2021-2030) ($MN)
• Table 90 South America Automotive Axle & Propeller Shaft Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)
• Table 91 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Country (2021-2030) ($MN)
• Table 92 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Type (2021-2030) ($MN)
• Table 93 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Live Axle (2021-2030) ($MN)
• Table 94 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Tandem Axle (2021-2030) ($MN)
• Table 95 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Dead Axle (2021-2030) ($MN)
• Table 96 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Propeller Shift (2021-2030) ($MN)
• Table 97 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Single Piece Propeller Shaft (2021-2030) ($MN)
• Table 98 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Multi Piece Propeller Shaft (2021-2030) ($MN)
• Table 99 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Material (2021-2030) ($MN)
• Table 100 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Carbon Fiber (2021-2030) ($MN)
• Table 101 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Alloy (2021-2030) ($MN)
• Table 102 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Vehicle Type (2021-2030) ($MN)
• Table 103 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Passenger Cars (2021-2030) ($MN)
• Table 104 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Heavy Commercial Vehicles (2021-2030) ($MN)
• Table 105 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Light Commercial Vehicles (2021-2030) ($MN)
• Table 106 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Sales Channel (2021-2030) ($MN)
• Table 107 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Aftermarket (2021-2030) ($MN)
• Table 108 Middle East & Africa Automotive Axle & Propeller Shaft Market Outlook, By Original Equipment Manufacturer (2021-2030) ($MN)

According to Stratistics MRC, the Global Automotive Axle & Propeller Shaft Market is accounted for $33.18 billion in 2023 and is expected to reach $48.92 billion by 2030 growing at a CAGR of 5.7% during the forecast period. Axles are shafts or rods that connect and transmit power from the differential to the wheels. They ensure power distribution and support the vehicle's weight while facilitating wheel rotation and suspension movements. Moreover, these components are typically manufactured using steel or other durable materials, designed to withstand various forces and torques experienced during vehicle operation.

Market Dynamics:

Driver:

Increasing adoption of electric vehicles

Electric vehicles (EVs) demand specialized axle and propeller shaft systems tailored for electric drivetrains, accommodating unique motor configurations and power transmission needs. The shift towards EVs emphasizes lightweight, high-efficiency components, driving innovation in axle and shaft technologies. As the automotive industry transitions to electric propulsion for its environmental advantages and efficiency, the growing demand for advanced, custom-designed axle and propeller shaft systems to suit electric vehicle architectures is a prominent driver, shaping the market's evolution and expansion towards greener and more sustainable transportation solutions.

Restraint:

Fluctuating raw material prices

Price volatility of essential materials like steel, aluminium, and specialized alloys impacts production costs, directly influencing the overall manufacturing expenses of axle and propeller shaft systems. Sudden price fluctuations disrupt cost estimations, leading to unpredictable expenses, potentially squeezing profit margins for manufacturers. This challenge hampers strategic planning, production forecasting, and cost-efficient manufacturing, posing obstacles in offering competitive pricing, impacting the market's stability, and creating uncertainties in the Automotive Axle & Propeller Shaft Market.

Opportunity:

Growing emphasis on lightweight materials

Innovations in materials, such as advanced composites, high-strength alloys, and carbon fiber-reinforced plastics, offer the potential for lighter yet durable axle and propeller shaft systems. Utilizing these lightweight materials enhances fuel efficiency, reduces vehicle weight, and improves overall performance. Furthermore, manufacturers investing in research and development to create innovative, strong, and cost-effective lightweight materials for axle and propeller shafts can cater to the industry's demand for efficient and environmentally friendly drivetrain components, positioning themselves competitively in the market.

Threat:

Regulatory standards

Evolving regulations focusing on emissions, safety, and vehicle performance often necessitate costly adjustments or modifications to axle and propeller shaft systems to meet compliance standards. Adhering to these stringent regulations adds complexities and expenses in terms of design, manufacturing, and testing processes. Failure to comply may lead to market exclusion or penalties. Thus, there is a decreasing demand for market growth.

Covid-19 Impact

The COVID-19 pandemic is causing disruptions in production, supply chains, and demand. Lockdowns, factory closures, and supply chain interruptions led to reduced vehicle production, affecting axle and propeller shaft manufacturers. Fluctuating consumer demand, economic uncertainties, and workforce challenges further hindered market growth. However, a gradual recovery ensued as restrictions eased, driving vehicle demand and production rebound. Additionally, the pandemic accelerated trends like electric vehicles and online sales, prompting manufacturers to innovate and adapt.

The single piece propeller shaft segment is expected to be the largest during the forecast period

The single piece propeller shaft segment is estimated to hold the largest share. The Single Piece Propeller Shaft, providing a seamless and robust linkage between the vehicle's transmission and the rear axle. This design minimizes joints and connections, enhancing durability, reducing vibrations, and optimizing power transmission efficiency in vehicles. Single Piece Propeller Shafts offer advantages in terms of reduced maintenance, improved fuel efficiency, and enhanced overall performance, making them a sought-after choice in modern automotive drivetrain systems for their reliability and ability to meet stringent performance standards.

The heavy commercial vehicles segment is expected to have the highest CAGR during the forecast period

The heavy commercial vehicles segment is anticipated to have lucrative growth during the forecast period. Axle configurations in heavy commercial vehicles vary, including single, tandem, or multiple axles, supporting different weight capacities. Propeller shafts in this segment demand durability, reliability, and the ability to endure extensive usage under heavy loads. Moreover, the performance and efficiency of axle and propeller shaft systems are critical factors for the reliable operation of heavy commercial vehicles, catering to transportation and logistics industries worldwide.

Region with largest share:

Asia Pacific commanded the largest market share during the extrapolated period due to rising automotive production, industrialization, and infrastructure development. This market expansion is fuelled by technological advancements, demand for fuel-efficient vehicles, and a shift toward electric and hybrid vehicles. Additionally, the region's focus on enhancing transportation networks and the growing investments in the automotive sector amplify opportunities for axle and propeller shaft manufacturers to meet the escalating demands of this dynamic and rapidly evolving market.

Region with highest CAGR:

North America is expected to witness profitable growth over the projection period. The United States, Canada, and Mexico form key markets, benefiting from a strong demand for light and heavy-duty vehicles. Factors like the increasing adoption of electric and hybrid vehicles, stringent emission regulations, and a focus on fuel efficiency propel market advancements. Additionally, the region's emphasis on R&D for lightweight materials and advanced manufacturing techniques contributes to the market's evolution, offering lucrative opportunities for axle and propeller shaft manufacturers amidst the dynamic automotive landscape.

Key players in the market

Some of the key players in the Automotive Axle & Propeller Shaft Market include American Axle & Manufacturing, Inc., Dana Incorporated, Hyundai Wia Corporation, Hitachi, Ltd., JTEKT Corporation, Meritor, Inc., ZF Friedrichshafen AG, IFA Group, Melrose Industries Plc, Gestamp Automocion, S.A., Korea Flange Co. Ltd. (KOFCO), Showa Corporation, Gelenkwellen-Service GmbH., GKN-Walterscheid GmbH, Automotive Axles Limited and Mark Williams Enterprises Inc.

Key Developments:

In March 2023, Dana Incorporated announced several initiatives-including new drivetrain offerings for electrified vehicles-that strengthen the company's growing commitment to the North American construction and off-highway markets.

In September 2022, as a global leader in electrification, Hitachi Astemo, Ltd. has received electric axle (e-Axle) orders for mid-size and large-size battery-electric vehicles from Honda Motor Co., Ltd., slated for a global rollout in 2026.

Types Covered:

• Live Axle
• Tandem Axle
• Dead Axle

Propeller Shifts Covered:

• Single Piece Propeller Shaft
• Multi Piece Propeller Shaft

Materials Covered:

• Carbon Fiber
• Alloy

Vehicle Types Covered:

• Passenger Cars
• Heavy Commercial Vehicles
• Light Commercial Vehicles

Sales Channels Covered:

• Aftermarket
• Original Equipment Manufacturer

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Emerging Markets
• 3.7 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Automotive Axle & Propeller Shaft Market, By Type

• 5.1 Introduction
• 5.2 Live Axle
• 5.3 Tandem Axle
• 5.4 Dead Axle

6 Global Automotive Axle & Propeller Shaft Market, By Propeller Shift

• 6.1 Introduction
• 6.2 Single Piece Propeller Shaft
• 6.3 Multi Piece Propeller Shaft

7 Global Automotive Axle & Propeller Shaft Market, By Material

• 7.1 Introduction
• 7.2 Carbon Fiber
• 7.3 Alloy

8 Global Automotive Axle & Propeller Shaft Market, By Vehicle Type

• 8.1 Introduction
• 8.2 Passenger Cars
• 8.3 Heavy Commercial Vehicles
• 8.4 Light Commercial Vehicles

9 Global Automotive Axle & Propeller Shaft Market, By Sales Channel

• 9.1 Introduction
• 9.2 Aftermarket
• 9.3 Original Equipment Manufacturer

10 Global Automotive Axle & Propeller Shaft Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 American Axle & Manufacturing, Inc.
• 12.2 Dana Incorporated
• 12.3 Hyundai Wia Corporation
• 12.4 Hitachi, Ltd.
• 12.5 JTEKT Corporation
• 12.6 Meritor, Inc.
• 12.7 ZF Friedrichshafen AG
• 12.8 IFA Group
• 12.9 Melrose Industries Plc
• 12.10 Gestamp Automocion, S.A.
• 12.11 Korea Flange Co. Ltd. (KOFCO)
• 12.12 Showa Corporation
• 12.13 Gelenkwellen-Service GmbH.
• 12.14 GKN-Walterscheid GmbH
• 12.15 Automotive Axles Limited
• 12.16 Mark Williams Enterprises Inc.