Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Automotive Axle Market_12.02_Anushree190219 | Page 2

Market Segmentation of Axle in Automotive Market
The global Axle in Automotive market is segmented by type, by material, by propeller shaft
type, and by region.
By mode of the type, the market is segmented into the front axle and read axle.]
By mode of material, the market is segmented into alloy, and carbon fiber.
By mode of propeller shaft type, the market is segmented into the single, and multi-piece.
Axle in Automotive Market: Regional Analysis
The global Axle in Automotive market is segmented into regions like North America, Europe,
Asia Pacific, Middle East, and Africa.
The Asia Pacific accounts for the most significant share of the market owing to the
impressive automotive sales. Countries such as India and China have the sizeable
automotive industry which is the critical reason for the market to grasp a strong position.
Also, factors such as availability of low-cost labor and innovations in engineering have risen
the production and automotive manufacturing hub
On the other hand, Europe accounts for the second largest market share led by the large
automotive industry mainly set up in Germany, the U.K., and Italy. The vast speed trains
network in Europe is another driver of the market.
Industry News
March 2018 - Melrose Industries took over GKN with a hostile bid of USD 11 billion after a
three-month battle. GKN unsuccessfully tried to avert the proposal with its £ 4.4bn planned
merger of its Driveline automotive business with US rival Dana.
Get Complete Report Details of “Global Axle in Automotive Market Research Report -
Forecast to 2022” At https://www.marketresearchfuture.com/reports/automotive-axle-
market-2343
Table of Contents
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Market, By Type
5. Market, By Material