This report studies the Trailer Axle market. An axle is a central shaft for a rotating wheel or gear. On wheeled vehicles, the axle may be fixed to the wheels, rotating with them, or fixed to the vehicle, with the wheels rotating around the axle. In the former case, bearings or bushings are provided at the mounting points where the axle is supported. In the latter case, a bearing or bushing sits inside a central hole in the wheel to allow the wheel or gear to rotate around the axle. Sometimes, especially on bicycles, the latter type axle is referred to as a spindle.
This report contains market size and forecasts of Trailer Axle in global, including the following market information:
Global Trailer Axle Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Trailer Axle Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Trailer Axle companies in 2021 (%)
The global Trailer Axle market was valued at 1533.1 million in 2021 and is projected to reach US$ 2181.5 million by 2028, at a CAGR of 5.2% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Capacity: Lower than 8,000 lbs Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Trailer Axle include DexKo, Meritor, BPW Group, Fuwa-K-Hitch, JOST Axle Systems, SAF-HOLLAND, Hendrickson, Shandong Huayue and TND Trailer Axle. etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Trailer Axle manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Trailer Axle Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Axle Market Segment Percentages, by Type, 2021 (%)
Capacity: Lower than 8,000 lbs
Capacity: 8,000-15,000 lbs
Capacity: 15,000-25,000 lbs
Capacity: More Than 25,000 lbs
Global Trailer Axle Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Axle Market Segment Percentages, by Application, 2021 (%)
For Light Weight Trailers (Smaller than semi-truck trailers)
For Medium Weight Trailers
For Heavy Trailers (Larger than 10,000 lbs)
Global Trailer Axle Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Trailer Axle Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Trailer Axle revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Trailer Axle revenues share in global market, 2021 (%)
Key companies Trailer Axle sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Trailer Axle sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
DexKo
Meritor
BPW Group
Fuwa-K-Hitch
JOST Axle Systems
SAF-HOLLAND
Hendrickson
Shandong Huayue
TND Trailer Axle