Market Overview

Rear Axle Commodities - Worldwide Market Analysis & Forecasts (2018-2024) by Type, Application and Region - ResearchAndMarkets.com

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The "Rear
Axle Commodity Market: Global Industry Analysis, Trends, Market Size and
Forecasts up to 2024"
report has been added to ResearchAndMarkets.com's
offering.

The report predicts the global rear axle commodity market to grow with a
CAGR of 4.1% over the forecast period of 2018-2024.

Increasing need for fuel efficient vehicles along with light weight
automotive parts are the factors driving the growth of the rear axles
commodity market.

However, hike in fuel prices, expensive vehicle cost and inflation in
various countries is likely to affect the sales of the rear axle
commodity market.

On the other hand, the suppliers are working together with the
automobile manufacturers to develop improved and efficient products.

Furthermore, the demand for passenger vehicles is expected to provide
several growth opportunities for the key players in the rear axle's
commodity market.

In addition, need for compliance with various emissions norms, changing
consumer demand along with safety comfort and security needs are
enhancing the demand for the rear axle's commodity market over the years
to come.

Among the geographies, Europe holds the largest share in the rear axle's
commodity market followed by Asia pacific.

Moreover, leading companies are setting up manufacturing plants in
countries such as China, India, and Brazil along with Russia and
countries in Eastern Europe due to the low cost of manufacturing
vehicles.

Moreover, the increasing demand for All Wheel Drive (AWD) vehicles is
anticipated to serve as a great opportunity for the rear axle
manufacturers in the Europe and North American regions.

Key Topics Covered

1. Preface

2. Executive Summary

3. Global Rear Axle Commodity Market Overview

4. Global Rear Axle Commodity Market by Type

5. Global Rear Axle Commodity Market by Application

6. Global Rear Axle Commodity Market by Region 2018-2024

7. Companies Covered

  • Daimler Trucks North America LLC
  • ROC Spicer Limited
  • Talbros Engineering Limited
  • GNA Axles Limited
  • Meritor Inc.
  • American Axle Manufacturing Inc.

For more information about this report visit https://www.researchandmarkets.com/research/mrh9dq/rear_axle?w=4

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