Research & Markets: Rear Axle Commodity Market - Global Industry Analysis, Size, Share, Growth, Trends & Forecast 2014 - 2020
April 28 2015 - 7:42AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/m4b8vb/rear_axle) has
announced the addition of the "Rear Axle Commodity Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 -
2020" report to their offering.
The automotive sector is one of the booming sectors currently,
and is expected to witness significant growth during the forecast
period. The automotive sector is presently more inclined towards
customer safety and comfort as well as improved performance. In
addition, emission norms passed in various regions is fueling the
usage of light-weight rear axles in the automotive sector.
Rear Axle is one of the most important components used in a
vehicle's manufacturing process. A drive axle system is driven by
the engine where the axle transmits torque to the wheel. It also
maintains the proximity of the wheels relative to one another when
the vehicle is in motion. The rear axles also ensure the stability
in vehicles by distributing the weight of the vehicle equally in
all its part. A non-driving axle such as the dead axle in heavy
vehicles and light trucks do not have shafts and serves only as a
steering component and suspension.
Drive axle, dead axle and lift axle are the major types of rear
axle commodities used in vehicles. The application and 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 axles
are used for the wagons. A straight axle is a rigid shaft which
connects the left side of the wheel to the right side. This ensures
the fixed axis rotation of both the wheels and such design keep the
wheels stable under difficult situations.
The major type of rear axles is applicable in all vehicles and
therefore the increasing demand for automobiles is directly driving
the market for rear axle components. Need for compliance with
various emission norms, changing customer demands along with
safety, and comfort and security needs are boosting the demand for
rear axles. Moreover, the demand for luxury vehicles and passenger
vehicles is expected to experience exponential growth owing to
higher amount of disposable income in developing regions fueling
the demand for automotive components including rear axles.
Furthermore, growing demand for fuel-efficient vehicles with
light-weight rear axle components is also expected to drive the
rear axle commodity market globally.
Key Topics Covered:
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Global Overview
Chapter 4 Global Rear Axle Commodity Market: By Type
Chapter 5 Global Rear Axle Commodity Market - By Application
Chapter 6 Global Rear Axle Commodity Market, By Geography
Chapter 7 Company Profiles
- American Axle & Manufacturing Holdings, Inc.
- Daimler Trucks North America LLC
- GNA Axles Ltd.
- Meritor, Inc.
- ROC Spicer Ltd.
- Talbros Engineering Limited
For more information visit
http://www.researchandmarkets.com/research/m4b8vb/rear_axle
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