Rear Axle Commodity Market

Rear Axle Commodity Market (Type: Drive Axle, Dead Axle, and Lift Axle; Application) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2022-2031

Rear Axle Commodity Market Outlook 2031

  • The global rear axle commodity market was valued at US$ 53.63 Bn in 2021
  • It is predicted to grow at a CAGR of 2.25% from 2022 to 2031
  • The global rear axle commodity market is expected to reach value of US$ 66.99 Bn by the end of 2031

Analysts’ Viewpoint on Rear Axle Commodity Market Scenario

Some of the key factors influencing the market for rear axle commodities include the implementation of stringent emission norms by governments, demand for fuel-efficient vehicles, and increasing demand for passenger cars in developed countries. A rise in demand for all-wheel drive (AWD) vehicles with a powertrain capable of providing power to all wheels for enhanced maneuvering is also projected to boost the growth of the rear axle commodity market during the forecast period. In order to overcome the losses made during the COVID-19 pandemic, companies in the rear axle commodity market should adopt contingency planning to strategically allocate budgets for capital and expenditures. The growth of the last mile delivery industry is also fueling the demand for robust rear axle commodities in the railway sector and light trucks.

rear axle commodity market

Overview of Rear Axle Commodity Market

The rear axle is the last member of the powertrain. In most vehicles, it acts as the driving axle. It is placed between the driving wheels and the differential gear. The rear axle commodity is also known as the automotive rear beam axle. It transmits power from the differential to the driving wheels. The rear axle and differential gear are enclosed in housing, which protects them from water, dust, and damage. It carries out the function of driving, steering, and braking of the vehicle.

The rear axle also ensures the stability of the vehicle by distributing the weight of the vehicle equally across all its part. A non-driving axle, such as a dead axle, which is used in heavy vehicles and light trucks, does not have shafts and serves only as a steering component and suspension. Another factor propelling the market growth is electrified power solutions that are growing popular in passenger vehicles and SUVs to enhance the driving experience of car owners.

Three key types of rear axle commodity are used in vehicles such as dead axle, drive axle, and lift axle. The use of rear axles in railways is also of utmost significance. Straight rear axles are used for the engine of the trains, and straight dead axle is used for wagons. A straight axle is a rigid shaft that connects the left side of the wheel to the right side. This ensures the fixed axis rotation of both wheels and such a design keeps the wheels stable under different load conditions.

According to the latest report published by Transparency Market Research, the global rear axle commodity market is projected to advance at a decent growth rate during the forecast period, owing to the increasing need for fuel-efficient vehicles as well as the demand for low emission vehicles, coupled with lightweight automotive parts.

Increasing Adoption of Heavy Vehicles to Drive Global Rear Axle Commodity Market

One of the key drivers for the rear axle commodity market is the increasing demand for heavy vehicles such as heavy trucks, buses, and coaches, from developing economies, such as India and China, for transportation purposes. The need for heavy lifting operations is rising, and these operations are carried out by heavy vehicles or heavy-duty commercial vehicles that have lift axles installed in them. These key factors are further boosting the sales of commercial or heavy vehicles in developed and developing countries.

Developing economies, such as India which are exhibiting significant GDP growth, are further expected to propel the demand for automotive components. A rapid increase in the production of heavy vehicles is ultimately expected to increase the demand for automotive components such as rear axle and propeller shaft.

Alliances Between Raw Material Suppliers and Market Players Creating Lucrative Opportunities

Manufacturers of the automotive axle are forming strategic alliances with raw material suppliers such as aluminum, steel, and other materials, and manufacturing equipment providers to cater to the rising demand from automakers. Furthermore, manufacturers are focused on producing lightweight components such as rear axles. There is also an emerging trend for designing and developing propeller shafts, which are cost-effective and lightweight. Therefore, currently, suppliers are more inclined toward using lightweight materials such as a replacement for metals to make the axle drivetrain components owing to their advantageous features, including corrosion resistance, high strength to weight ratio, and enhanced workability.

For instance, Meritor Inc., a U.S.-based axle manufacturing company, invested US$ 36.5 Mn to expand its assembly line in India. These developments are likely to propel growth in the market in the next few years.

High Demand for Passenger Vehicles is Fueling Need for Drive Axle Commodity

In terms of type, the global rear axle commodity market has been classified into drive axle, dead axle, and lift axle. The drive axle segment held a large revenue share of 39.67% of the market in 2021. The segment is estimated to maintain its position in the market and advance at a growth rate of more than 2.78% during the forecast period. Increasing penetration of all-wheel drives in passenger cars is fueling the demand for technologically advanced axles among consumers.

The dead axle segment held a significant share of the market, in terms of volume, in 2021. This segment is anticipated to grow at a sluggish pace owing to increasing demand for long-haul trailers. Segments such as dead axles and drive axles are expected to propel at a notable CAGR, in terms of value, during the forecast period.

Lightweight Economy Vehicles Help Car Owners Achieve Fuel Efficiency

In terms of application, the global rear axle commodity market has been classified into economy vehicles, heavy vehicles, executive vehicles, luxury vehicles, MUVs, SUVs, and railways. The economy vehicles segment held a significant share of 34.12% of the market in 2021. The segment is estimated to maintain its position and grow at a CAGR of more than 2.0% during the forecast period. The need for comfort, safety, and security in passenger vehicles is expected to rise in the coming years. This factor is expected to drive the growth of the segment.

In addition, lightweight and advanced rear axles reduce the overall weight of vehicles, enabling better handling, fuel efficiency, and even weight distribution of the vehicle. Hence, these factors are also estimated to drive the growth of the segment during the forecast period. All these factors are likely to propel the demand for rear axle commodity during the forecast period.

Regional Outlook of Global Rear Axle Commodity Market

In terms of volume, Asia Pacific held a notable share of 36.90% of the global market in 2021. Forthcoming emission norms in the Asia Pacific are a prominent factor driving the rear axle commodity market. The market in the region is also estimated to register at a substantial CAGR during the forecast period owing to the increasing urbanization and growing adoption of economy vehicles and heavy vehicles in the region. The market is also projected to grow in terms of value and volume due to the increasing demand for personal vehicles owing to the increasing disposable incomes & population of the region.

North America and Europe accounted for a notable share of the global rear axle commodity market, due to the presence of prominent players in these regions. Additionally, key players in these regions are investing in automotive technologies, which in turn is anticipated to fuel the demand for rear axle commodity.

The Rest of the World accounted for a relatively minor share of the global market owing to the lack of presence of prominent players in the market in the region

Analysis of Key Players in Rear Axle Commodity Market

The global rear axle commodity market is consolidated with a small number of manufacturers controlling a majority of the market share. The majority of the firms are spending significantly on comprehensive research & development, primarily to develop lightweight components.

Key players operating in the global rear axle commodity market are diversifying their presence by engaging in mergers and acquisition activities or by establishing new facilities. American Axle Manufacturing Inc., Daimler Trucks North America LLC., GNA Axle Limited., Meritor Inc., ROC Spicer Limited., and Talbros Engineering Limited. are the prominent entities operating in the market.

Each of these players has been profiled in the rear axle commodity market report based on parameters such as company overview, financial overview, business strategies, product portfolio, business segments, and recent developments.

Key Developments in Global Rear Axle Commodity Market

  • In August 2020, American Axle & Manufacturing developed a new independent rear drive axle (IRDA) for GM’s full-size SUVs including the 2021 Chevrolet Tahoe, Chevrolet Suburban, GMC Yukon, GMC Yukon Denali, and Cadillac Escalade
  • AAM and GM worked together to replace the prior generation rear beam axle with a newly designed 3-mount independent rear drive axle module. The new design features a lightweight aluminum carrier housing and a low-offset hypoid gear set to provide improved efficiency and industry-leading noise, vibration, and harshness performance.
  • In March 2017, American Axle & Manufacturing (AAM) developed a completely new, significantly improved axle technology. QUANTUM driveline technology is scalable across a wide range of vehicle segments and provides substantial advantages regardless of vehicle size as reduced mass, increased power density, improved noise vibration and harshness (NVH), and efficiency gains in a more compact system package.

Global Rear Axle Commodity Market Snapshot

Attribute

Detail

Market Size Value in 2021

US$ 53.63 Bn

Market Forecast Value in 2031

US$ 66.99 Bn

Growth Rate

(CAGR)

2.25%

Forecast Period

2022–2031

Historical Data Available for

2017–2021

Quantitative Units

US$ Bn for Value & Units for Volume

Market Analysis

It includes cross segment analysis at global as well as regional level. Furthermore, qualitative analysis includes drivers, restraints, opportunities, key trends, Porter’s Five Forces analysis, value chain analysis, and key trend analysis.

Competition Landscape

  • Market share analysis by company (2021)
  • Company profiles section includes overview, product portfolio, sales footprint, key subsidiaries or distributors, strategy & recent developments, and key financials

Format

Electronic (PDF) + Excel

Market Segmentation

  • Type
    • Drive Axle
    • Dead Axle
    • Lift Axle
  • Application
    • Economy Vehicles
    • Heavy Vehicles
    • Executive Vehicles
    • Luxury Vehicles
    • MUVs
    • SUVs
    • Railways

Regions Covered

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • South America

Countries Covered

  • U.S.
  • Canada
  • Germany
  • U.K.
  • France
  • Spain
  • Italy
  • Russia & CIS
  • Japan
  • China
  • India
  • ASEAN
  • Brazil
  • Mexico
  • GCC Countries
  • South Africa

Companies Profiled

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

Customization Scope

Available upon request

Pricing

Available upon request

Frequently Asked Questions

What is the Rear Axle Commodity Market size?

Rear Axle Commodity Market is projected to reach US$ 66.99 Bn by the end of 2031

What is the CAGR for Rear Axle Commodity Market?

Rear Axle Commodity Market is expected to grow at a CAGR of 2.25% during 2022-2031

What is the Study Period of Rear Axle Commodity Market?

Rear Axle Commodity Market is studied from 2022-2031

Who are the key players in the Rear Axle Commodity Market?

Key vendors in the Rear Axle Commodity Market are ROC Spicer Ltd., GNA Axles Ltd., American Axle & Manufacturing Holdings, Inc., Talbros Engineering Limited, Meritor, Inc., and Daimler Trucks North America LLC.

Which Region Lead Rear Axle Commodity Market?

North America and Europe region Takes Lead in the Rear Axle Commodity Market

    1. Executive Summary

        1.1. Global Market Outlook

            1.1.1. Market Value US$ Bn, 2017‒2031

        1.2. Competitive Dashboard Analysis

    2. Market Overview

        2.1. TMR Analysis and Recommendations

        2.2. Market Dynamics

            2.2.1. Drivers

            2.2.2. Restraints

            2.2.3. Opportunity

        2.3. Market Factor Analysis

            2.3.1. Porter’s Five Force Analysis

            2.3.2. SWOT Analysis

            2.3.3. Value Chain Analysis

                2.3.3.1. Raw Material Suppliers

                2.3.3.2. Component Manufacturers

                2.3.3.3. OEM’s (Automakers)

                2.3.3.4. End-users

        2.4. Regulatory Scenario

        2.5. Key Trend Analysis

    3. COVID-19 Impact Analysis – Rear Axle Commodity Market

    4. Global Rear Axle Commodity Market, by Type

        4.1. Market Snapshot

            4.1.1. Introduction, Definition, and Key Findings

            4.1.2. Market Growth & Y-o-Y Projections

            4.1.3. Base Point Share Analysis

        4.2. Global Rear Axle Commodity Market Size Analysis & Forecast, by Type, 2017‒2031

            4.2.1. Drive Axle

            4.2.2. Dead Axle

            4.2.3. Lift Axle

    5. Global Rear Axle Commodity Market, By Application

        5.1. Market Snapshot

            5.1.1. Introduction, Definition, and Key Findings

            5.1.2. Market Growth & Y-o-Y Projections

            5.1.3. Base Point Share Analysis

        5.2. Global Rear Axle Commodity Market Size Analysis & Forecast, by Application, 2017‒2031

            5.2.1. Economy Vehicles

            5.2.2. Heavy Vehicles

            5.2.3. Executive Vehicles

            5.2.4. Luxury Vehicles

            5.2.5. MUVs

            5.2.6. SUVs

            5.2.7. Railways

    6. Global Rear Axle Commodity Market, by Region

        6.1. Market Snapshot

            6.1.1. Introduction, Definition, and Key Findings

            6.1.2. Market Growth & Y-o-Y Projections

            6.1.3. Base Point Share Analysis

        6.2. Global Rear Axle Commodity Market Size Analysis & Forecast, by Region, 2017‒2031

            6.2.1. North America

            6.2.2. Europe

            6.2.3. Asia Pacific

            6.2.4. Middle East & Africa

            6.2.5. South America

    7. North America Rear Axle Commodity Market

        7.1. Market Snapshot

        7.2. Rear Axle Commodity Market Size Analysis & Forecast, by Type, 2017‒2031

            7.2.1. Drive Axle

            7.2.2. Dead Axle

            7.2.3. Lift Axle

        7.3. Rear Axle Commodity Market Size Analysis & Forecast, by Application, 2017‒2031

            7.3.1. Economy Vehicles

            7.3.2. Heavy Vehicles

            7.3.3. Executive Vehicles

            7.3.4. Luxury Vehicles

            7.3.5. MUVs

            7.3.6. SUVs

            7.3.7. Railways

        7.4. Key Country Analysis – North America Rear Axle Commodity Market Size Analysis & Forecast, 2017‒2031

            7.4.1. U.S.

            7.4.2. Canada

            7.4.3. Mexico

    8. Europe Rear Axle Commodity Market

        8.1. Market Snapshot

        8.2. Rear Axle Commodity Market Size Analysis & Forecast, by Type, 2017‒2031

            8.2.1. Drive Axle

            8.2.2. Dead Axle

            8.2.3. Lift Axle

        8.3. Rear Axle Commodity Market Size Analysis & Forecast, by Application, 2017‒2031

            8.3.1. Economy Vehicles

            8.3.2. Heavy Vehicles

            8.3.3. Executive Vehicles

            8.3.4. Luxury Vehicles

            8.3.5. MUVs

            8.3.6. SUVs

            8.3.7. Railways

        8.4. Key Country Analysis – Europe Rear Axle Commodity Market Size Analysis & Forecast, 2017‒2031

            8.4.1. Germany

            8.4.2. U. K.

            8.4.3. France

            8.4.4. Italy

            8.4.5. Spain

            8.4.6. Nordic Countries

            8.4.7. Russia & CIS

            8.4.8. Rest of Europe

    9. Asia Pacific Rear Axle Commodity Market

        9.1. Market Snapshot

        9.2. Rear Axle Commodity Market Size Analysis & Forecast, by Type, 2017‒2031

            9.2.1. Drive Axle

            9.2.2. Dead Axle

            9.2.3. Lift Axle

        9.3. Rear Axle Commodity Market Size Analysis & Forecast, by Application, 2017‒2031

            9.3.1. Economy Vehicles

            9.3.2. Heavy Vehicles

            9.3.3. Executive Vehicles

            9.3.4. Luxury Vehicles

            9.3.5. MUVs

            9.3.6. SUVs

            9.3.7. Railways

        9.4. Key Country Analysis – Asia Pacific Rear Axle Commodity Market Size Analysis & Forecast, 2017‒2031

            9.4.1. China

            9.4.2. India

            9.4.3. Japan

            9.4.4. ASEAN Countries

            9.4.5. South Korea

            9.4.6. ANZ

            9.4.7. Rest of Asia Pacific

    10. Middle East & Africa Rear Axle Commodity Market

        10.1. Market Snapshot

        10.2. Rear Axle Commodity Market Size Analysis & Forecast, by Type, 2017‒2031

            10.2.1. Drive Axle

            10.2.2. Dead Axle

            10.2.3. Lift Axle

        10.3. Rear Axle Commodity Market Size Analysis & Forecast, by Application, 2017‒2031

            10.3.1. Economy Vehicles

            10.3.2. Heavy Vehicles

            10.3.3. Executive Vehicles

            10.3.4. Luxury Vehicles

            10.3.5. MUVs

            10.3.6. SUVs

            10.3.7. Railways

        10.4. Key Country Analysis – Middle East & Africa Rear Axle Commodity Market Size Analysis & Forecast, 2017‒2031

            10.4.1. GCC

            10.4.2. South Africa

            10.4.3. Turkey

            10.4.4. Rest of Middle East & Africa

    11. South America Rear Axle Commodity Market

        11.1. Market Snapshot

        11.2. Rear Axle Commodity Market Size Analysis & Forecast, by Type, 2017‒2031

            11.2.1. Drive Axle

            11.2.2. Dead Axle

            11.2.3. Lift Axle

        11.3. Rear Axle Commodity Market Size Analysis & Forecast, by Application, 2017‒2031

            11.3.1. Economy Vehicles

            11.3.2. Heavy Vehicles

            11.3.3. Executive Vehicles

            11.3.4. Luxury Vehicles

            11.3.5. MUVs

            11.3.6. SUVs

            11.3.7. Railways

        11.4. Key Country Analysis – South America Rear Axle Commodity Market Size Analysis & Forecast, 2017‒2031

            11.4.1. Brazil

            11.4.2. Argentina

            11.4.3. Rest of South America

    12. Competitive Landscape

        12.1. Company Share Analysis/ Brand Share Analysis, 2020

        12.2. Pricing comparison among key players

        12.3. Company Analysis for each player

    (Company Overview, Company Footprints, Production Locations, Product Portfolio, Competitors & Customers, Subsidiaries & Parent Organization, Recent Developments, Financial Analysis, Profitability, Revenue Share)

    13. Company Profile/ Key Players

            13.1.1. American Axle Manufacturing Inc.

                13.1.1.1. Company Overview

                13.1.1.2. Company Footprints

                13.1.1.3. Production Locations

                13.1.1.4. Product Portfolio

                13.1.1.5. Competitors & Customers

                13.1.1.6. Subsidiaries & Parent Organization

                13.1.1.7. Recent Developments

                13.1.1.8. Financial Analysis

                13.1.1.9. Profitability

                13.1.1.10. Revenue Share

            13.1.2. Daimler Trucks North America LLC.

                13.1.2.1. Company Overview

                13.1.2.2. Company Footprints

                13.1.2.3. Production Locations

                13.1.2.4. Product Portfolio

                13.1.2.5. Competitors & Customers

                13.1.2.6. Subsidiaries & Parent Organization

                13.1.2.7. Recent Developments

                13.1.2.8. Financial Analysis

                13.1.2.9. Profitability

                13.1.2.10. Revenue Share

            13.1.3. GNA Axles Limited.

                13.1.3.1. Company Overview

                13.1.3.2. Company Footprints

                13.1.3.3. Production Locations

                13.1.3.4. Product Portfolio

                13.1.3.5. Competitors & Customers

                13.1.3.6. Subsidiaries & Parent Organization

                13.1.3.7. Recent Developments

                13.1.3.8. Financial Analysis

                13.1.3.9. Profitability

                13.1.3.10. Revenue Share

            13.1.4. Meritor Inc.

                13.1.4.1. Company Overview

                13.1.4.2. Company Footprints

                13.1.4.3. Production Locations

                13.1.4.4. Product Portfolio

                13.1.4.5. Competitors & Customers

                13.1.4.6. Subsidiaries & Parent Organization

                13.1.4.7. Recent Developments

                13.1.4.8. Financial Analysis

                13.1.4.9. Profitability

                13.1.4.10. Revenue Share

            13.1.5. ROC Spicer Limited.

                13.1.5.1. Company Overview

                13.1.5.2. Company Footprints

                13.1.5.3. Production Locations

                13.1.5.4. Product Portfolio

                13.1.5.5. Competitors & Customers

                13.1.5.6. Subsidiaries & Parent Organization

                13.1.5.7. Recent Developments

                13.1.5.8. Financial Analysis

                13.1.5.9. Profitability

                13.1.5.10. Revenue Share

            13.1.6. Talbros Engineering Limited.

                13.1.6.1. Company Overview

                13.1.6.2. Company Footprints

                13.1.6.3. Production Locations

                13.1.6.4. Product Portfolio

                13.1.6.5. Competitors & Customers

                13.1.6.6. Subsidiaries & Parent Organization

                13.1.6.7. Recent Developments

                13.1.6.8. Financial Analysis

                13.1.6.9. Profitability

                13.1.6.10. Revenue Share

            13.1.7. Other Key Players

                13.1.7.1. Company Overview

                13.1.7.2. Company Footprints

                13.1.7.3. Production Locations

                13.1.7.4. Product Portfolio

                13.1.7.5. Competitors & Customers

                13.1.7.6. Subsidiaries & Parent Organization

                13.1.7.7. Recent Developments

                13.1.7.8. Financial Analysis

                13.1.7.9. Profitability

                13.1.7.10. Revenue Share

    List of Tables

    Table 1: Global Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Table 2: Global Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Table 3: Global Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 4: Global Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 5: Global Rear Axle Commodity Market Volume (Units) Forecast, by Region, 2017‒2031

    Table 6: Global Rear Axle Commodity Market Value (US$ Bn) Forecast, by Region, 2017‒2031

    Table 7: North America Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Table 8: North America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Table 9: North America Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 10: North America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 11: North America Rear Axle Commodity Market Volume (Units) Forecast, by Country, 2017‒2031

    Table 12: North America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Table 13: Europe Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Table 14: Europe Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Table 15: Europe Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 16: Europe Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 17: Europe Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Table 18: Europe Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Table 19: Asia Pacific Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Table 20: Asia Pacific Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Table 21: Asia Pacific Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 22: Asia Pacific Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 23: Asia Pacific Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Table 24: Asia Pacific Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Table 25: Middle East & Africa Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Table 26: Middle East & Africa Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Table 27: Middle East & Africa Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 28: Middle East & Africa Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 29: Middle East & Africa Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Table 30: Middle East & Africa Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Table 31: South America Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Table 32: South America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Table 33: South America Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Table 34: South America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Table 35: South America Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Table 36: South America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    List of Figures

    Figure 1: Global Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Figure 2: Global Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Figure 3: Global Rear Axle Commodity Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022‒2031

    Figure 4: Global Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 5: Global Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 6: Global Rear Axle Commodity Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022‒2031

    Figure 7: Global Rear Axle Commodity Market Volume (Units) Forecast, by Region, 2017‒2031

    Figure 8: Global Rear Axle Commodity Market Value (US$ Bn) Forecast, by Region, 2017‒2031

    Figure 9: Global Rear Axle Commodity Market, Incremental Opportunity, by Region, Value (US$ Bn), 2022‒2031

    Figure 10: North America Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Figure 11: North America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Figure 12: North America Rear Axle Commodity Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022‒2031

    Figure 13: North America Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 14: North America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 15: North America Rear Axle Commodity Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022‒2031

    Figure 16: North America Rear Axle Commodity Market Volume (Units) Forecast, by Country, 2017‒2031

    Figure 17: North America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country, 2017‒2031

    Figure 18: North America Rear Axle Commodity Market, Incremental Opportunity, by Country, Value (US$ Bn), 2022‒2031

    Figure 19: Europe Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Figure 20: Europe Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Figure 21: Europe Rear Axle Commodity Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022‒2031

    Figure 22: Europe Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 23: Europe Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 24: Europe Rear Axle Commodity Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022‒2031

    Figure 25: Europe Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Figure 26: Europe Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Figure 27: Europe Rear Axle Commodity Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 28: Asia Pacific Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Figure 29: Asia Pacific Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Figure 30: Asia Pacific Rear Axle Commodity Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022‒2031

    Figure 31: Asia Pacific Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 32: Asia Pacific Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 33: Asia Pacific Rear Axle Commodity Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022‒2031

    Figure 34: Asia Pacific Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Figure 35: Asia Pacific Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Figure 36: Asia Pacific Rear Axle Commodity Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 37: Middle East & Africa Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Figure 38: Middle East & Africa Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Figure 39: Middle East & Africa Rear Axle Commodity Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022‒2031

    Figure 40: Middle East & Africa Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 41: Middle East & Africa Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 42: Middle East & Africa Rear Axle Commodity Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022‒2031

    Figure 43: Middle East & Africa Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Figure 44: Middle East & Africa Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Figure 45: Middle East & Africa Rear Axle Commodity Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Bn), 2022‒2031

    Figure 46: South America Rear Axle Commodity Market Volume (Units) Forecast, by Type, 2017‒2031

    Figure 47: South America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Type, 2017‒2031

    Figure 48: South America Rear Axle Commodity Market, Incremental Opportunity, by Type, Value (US$ Bn), 2022‒2031

    Figure 49: South America Rear Axle Commodity Market Volume (Units) Forecast, by Application, 2017‒2031

    Figure 50: South America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Application, 2017‒2031

    Figure 51: South America Rear Axle Commodity Market, Incremental Opportunity, by Application, Value (US$ Bn), 2022‒2031

    Figure 52: South America Rear Axle Commodity Market Volume (Units) Forecast, by Country & Sub-region, 2017‒2031

    Figure 53: South America Rear Axle Commodity Market Value (US$ Bn) Forecast, by Country & Sub-region, 2017‒2031

    Figure 54: South America Rear Axle Commodity Market, Incremental Opportunity, by Country & Sub-region, Value (US$ Bn), 2022‒2031

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