Summary

The global market for Axle & Propeller Shaft was estimated to be worth US$ million in 2024 and is forecast to a readjusted size of US$ million by 2031 with a CAGR of %during the forecast period 2025-2031.

Axle & Shaft is a mechanical part that translates the torque generated by a vehicle"s engine into usable motive force to propel the vehicle. Axle & Shaft can be divided into propeller shaft, Rear Axle and Front Axle. The propeller shaft deliver power from an engine/transmission to the other end of the vehicle before it goes to the wheels. It is used on front engine rear wheel drive and most 4 wheel drive vehicles it couples the transmission with the rear differential. There is also a pair of shorter drive shafts often used to carry torque from a transaxle to the wheels. It is used in all kinds of vehicles and the number of half shafts varied with the drive mode.

In this report, the data we provide is about both the propeller shafts and half shafts.
In the Indian market, the major producers are GKN, AAL, NTN, Dana, Nexteer, GNA Enterprises, Sona Group, Hyundai-WIA, Talbros Engineering and AAM.
This report aims to provide a comprehensive presentation of the global market for Axle & Propeller Shaft, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Axle & Propeller Shaft by region & country, by Type, and by Application.
The Axle & Propeller Shaft market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Axle & Propeller Shaft.

Market Segmentation
By Company
GKN
AAL
NTN
Dana
Nexteer
GNA Enterprises
Sona Group
Hyundai-Wia
Talbros Engineering
AAM
Segment by Type
Propeller Shaft
Rear Axle
Front Axle
Segment by Application
Passenger Car (PC)
Light Commercial Vehicle (LCV)
Heavy Commercial Vehicle (HCV)
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Axle & Propeller Shaft manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Axle & Propeller Shaft in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Axle & Propeller Shaft in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

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Table of Contents

1 Market Overview
1.1 Axle & Propeller Shaft Product Introduction
1.2 Global Axle & Propeller Shaft Market Size Forecast
1.2.1 Global Axle & Propeller Shaft Sales Value (2020-2031)
1.2.2 Global Axle & Propeller Shaft Sales Volume (2020-2031)
1.2.3 Global Axle & Propeller Shaft Sales Price (2020-2031)
1.3 Axle & Propeller Shaft Market Trends & Drivers
1.3.1 Axle & Propeller Shaft Industry Trends
1.3.2 Axle & Propeller Shaft Market Drivers & Opportunity
1.3.3 Axle & Propeller Shaft Market Challenges
1.3.4 Axle & Propeller Shaft Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Axle & Propeller Shaft Players Revenue Ranking (2024)
2.2 Global Axle & Propeller Shaft Revenue by Company (2020-2025)
2.3 Global Axle & Propeller Shaft Players Sales Volume Ranking (2024)
2.4 Global Axle & Propeller Shaft Sales Volume by Company Players (2020-2025)
2.5 Global Axle & Propeller Shaft Average Price by Company (2020-2025)
2.6 Key Manufacturers Axle & Propeller Shaft Manufacturing Base and Headquarters
2.7 Key Manufacturers Axle & Propeller Shaft Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Axle & Propeller Shaft
2.9 Axle & Propeller Shaft Market Competitive Analysis
2.9.1 Axle & Propeller Shaft Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Axle & Propeller Shaft Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Axle & Propeller Shaft as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Propeller Shaft
3.1.2 Rear Axle
3.1.3 Front Axle
3.2 Global Axle & Propeller Shaft Sales Value by Type
3.2.1 Global Axle & Propeller Shaft Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Axle & Propeller Shaft Sales Value, by Type (2020-2031)
3.2.3 Global Axle & Propeller Shaft Sales Value, by Type (%) (2020-2031)
3.3 Global Axle & Propeller Shaft Sales Volume by Type
3.3.1 Global Axle & Propeller Shaft Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Axle & Propeller Shaft Sales Volume, by Type (2020-2031)
3.3.3 Global Axle & Propeller Shaft Sales Volume, by Type (%) (2020-2031)
3.4 Global Axle & Propeller Shaft Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Passenger Car (PC)
4.1.2 Light Commercial Vehicle (LCV)
4.1.3 Heavy Commercial Vehicle (HCV)
4.2 Global Axle & Propeller Shaft Sales Value by Application
4.2.1 Global Axle & Propeller Shaft Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global Axle & Propeller Shaft Sales Value, by Application (2020-2031)
4.2.3 Global Axle & Propeller Shaft Sales Value, by Application (%) (2020-2031)
4.3 Global Axle & Propeller Shaft Sales Volume by Application
4.3.1 Global Axle & Propeller Shaft Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global Axle & Propeller Shaft Sales Volume, by Application (2020-2031)
4.3.3 Global Axle & Propeller Shaft Sales Volume, by Application (%) (2020-2031)
4.4 Global Axle & Propeller Shaft Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global Axle & Propeller Shaft Sales Value by Region
5.1.1 Global Axle & Propeller Shaft Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global Axle & Propeller Shaft Sales Value by Region (2020-2025)
5.1.3 Global Axle & Propeller Shaft Sales Value by Region (2026-2031)
5.1.4 Global Axle & Propeller Shaft Sales Value by Region (%), (2020-2031)
5.2 Global Axle & Propeller Shaft Sales Volume by Region
5.2.1 Global Axle & Propeller Shaft Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global Axle & Propeller Shaft Sales Volume by Region (2020-2025)
5.2.3 Global Axle & Propeller Shaft Sales Volume by Region (2026-2031)
5.2.4 Global Axle & Propeller Shaft Sales Volume by Region (%), (2020-2031)
5.3 Global Axle & Propeller Shaft Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America Axle & Propeller Shaft Sales Value, 2020-2031
5.4.2 North America Axle & Propeller Shaft Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe Axle & Propeller Shaft Sales Value, 2020-2031
5.5.2 Europe Axle & Propeller Shaft Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific Axle & Propeller Shaft Sales Value, 2020-2031
5.6.2 Asia Pacific Axle & Propeller Shaft Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America Axle & Propeller Shaft Sales Value, 2020-2031
5.7.2 South America Axle & Propeller Shaft Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa Axle & Propeller Shaft Sales Value, 2020-2031
5.8.2 Middle East & Africa Axle & Propeller Shaft Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Axle & Propeller Shaft Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions Axle & Propeller Shaft Sales Value
6.2.1 Key Countries/Regions Axle & Propeller Shaft Sales Value, 2020-2031
6.2.2 Key Countries/Regions Axle & Propeller Shaft Sales Volume, 2020-2031
6.3 United States
6.3.1 United States Axle & Propeller Shaft Sales Value, 2020-2031
6.3.2 United States Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.3.3 United States Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe Axle & Propeller Shaft Sales Value, 2020-2031
6.4.2 Europe Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China Axle & Propeller Shaft Sales Value, 2020-2031
6.5.2 China Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.5.3 China Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan Axle & Propeller Shaft Sales Value, 2020-2031
6.6.2 Japan Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea Axle & Propeller Shaft Sales Value, 2020-2031
6.7.2 South Korea Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia Axle & Propeller Shaft Sales Value, 2020-2031
6.8.2 Southeast Asia Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India Axle & Propeller Shaft Sales Value, 2020-2031
6.9.2 India Axle & Propeller Shaft Sales Value by Type (%), 2024 VS 2031
6.9.3 India Axle & Propeller Shaft Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 GKN
7.1.1 GKN Company Information
7.1.2 GKN Introduction and Business Overview
7.1.3 GKN Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 GKN Axle & Propeller Shaft Product Offerings
7.1.5 GKN Recent Development
7.2 AAL
7.2.1 AAL Company Information
7.2.2 AAL Introduction and Business Overview
7.2.3 AAL Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 AAL Axle & Propeller Shaft Product Offerings
7.2.5 AAL Recent Development
7.3 NTN
7.3.1 NTN Company Information
7.3.2 NTN Introduction and Business Overview
7.3.3 NTN Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 NTN Axle & Propeller Shaft Product Offerings
7.3.5 NTN Recent Development
7.4 Dana
7.4.1 Dana Company Information
7.4.2 Dana Introduction and Business Overview
7.4.3 Dana Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Dana Axle & Propeller Shaft Product Offerings
7.4.5 Dana Recent Development
7.5 Nexteer
7.5.1 Nexteer Company Information
7.5.2 Nexteer Introduction and Business Overview
7.5.3 Nexteer Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Nexteer Axle & Propeller Shaft Product Offerings
7.5.5 Nexteer Recent Development
7.6 GNA Enterprises
7.6.1 GNA Enterprises Company Information
7.6.2 GNA Enterprises Introduction and Business Overview
7.6.3 GNA Enterprises Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 GNA Enterprises Axle & Propeller Shaft Product Offerings
7.6.5 GNA Enterprises Recent Development
7.7 Sona Group
7.7.1 Sona Group Company Information
7.7.2 Sona Group Introduction and Business Overview
7.7.3 Sona Group Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 Sona Group Axle & Propeller Shaft Product Offerings
7.7.5 Sona Group Recent Development
7.8 Hyundai-Wia
7.8.1 Hyundai-Wia Company Information
7.8.2 Hyundai-Wia Introduction and Business Overview
7.8.3 Hyundai-Wia Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Hyundai-Wia Axle & Propeller Shaft Product Offerings
7.8.5 Hyundai-Wia Recent Development
7.9 Talbros Engineering
7.9.1 Talbros Engineering Company Information
7.9.2 Talbros Engineering Introduction and Business Overview
7.9.3 Talbros Engineering Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Talbros Engineering Axle & Propeller Shaft Product Offerings
7.9.5 Talbros Engineering Recent Development
7.10 AAM
7.10.1 AAM Company Information
7.10.2 AAM Introduction and Business Overview
7.10.3 AAM Axle & Propeller Shaft Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 AAM Axle & Propeller Shaft Product Offerings
7.10.5 AAM Recent Development
8 Industry Chain Analysis
8.1 Axle & Propeller Shaft Industrial Chain
8.2 Axle & Propeller Shaft Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Axle & Propeller Shaft Sales Model
8.5.2 Sales Channel
8.5.3 Axle & Propeller Shaft Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer