South America Truck Axle Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Rigid Axles, Drive Steer Axles, and Non-Drive Steer Axles) and Application (Light-Duty Trucks, Medium-Duty Trucks, and Heavy-Duty Trucks)

Publication Month: Jun 2021 | Report Code: TIPRE00023016 | No. of Pages: 96 | Category: Automotive and Transportation | Status: Published

Covid
Assesing the covid-19 impact?
Get the Latest COVID-19 Analysis on this market
Request Now
Happy to join you in your fight against the COVID-19 economic pandemic!

The truck axle market in SAM is expected to reach US$ 54.16 million by 2028 from US$ 43.71 million in 2021. The market is estimated to grow at a CAGR of 3.1% from 2021 to 2028.

Governments of various countries are imposing specific regulations on truck loading capacity, thus compelling to this norm with efficient solution companies developing advanced axle solutions to effectively balance the truck load. New advancements in axle designs, weighing capacity, and material are introduced by truck manufacturers. Moreover, new technologies are being integrated by truck axle manufacturers to improve fuel efficiency and truck performance.

 

Brazil has the highest number of COVID-19 cases, followed by Peru, Chile, Colombia, Ecuador, and Argentina, among others. Governments in SAM have taken an array of actions to protect its citizens and contain COVID-19’s spread; therefore, imposed lockdowns to promote social distancing. As per the Brazil automaker’s association, it is anticipated that the sales of automotive will recover to pre-COVID levels by 2025. Also, several automakers in the country have witnessed a sharp decline in their production capabilities. According to Anfavea, the automakers association, the automotive production is expected to witness a fall of 45% in 2020 compared to 2019. Also, the auto exports are expected to witness a decline of 53% for the same duration. Recently, Ford Motors announced to close its three production facilities and stop manufacturing operations in SAM region.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the SAM truck axle market. The SAM truck axle market is expected to grow at a good CAGR during the forecast period.
SAM truck axle market

Get more information on this report :

SAM Truck Axle Market Segmentation        

 

SAM Truck Axle Market – By Type

  • Rigid Axle
  • Drive Steer Axles
  • Non-drive Steer Axles

SAM Truck Axle Market- By Application

  • Light-duty trucks
  • Medium-duty trucks
  • Heavy-duty trucks

SAM Truck Axle Market - By Country

  • Brazil
  • Rest of SAM

 

SAM Truck Axle Market -Companies Mentioned

  • American Axle & Manufacturing, Inc.
  • Dana Limited
  • Meritor, Inc.
  • Qingte Group Co., Ltd.
  • Rába Automotive Holding Plc.
  • SAF-HOLLAND SE
  • Shandong Heavy Industry Group Co., Ltd.
  • Sinotruk (Hong Kong) Limited
  • ZF Friedrichshafen AG

TABLE OF CONTENTS

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Coverage

3.2         Secondary Research

3.3         Primary Research

4.           SAM Truck Axle Market Landscape

4.1         Market Overview

4.2         SAM PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           SAM Truck Axle Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Developments in Manufacturing Processes

5.2         Market Restraints

5.2.1        Costly Manufacturing and Maintenance Cost of Trucks

5.3         Market Opportunities

5.3.1        Gush in Production of Trucks in Developing Countries

5.4         Future Trends

5.4.1        Introduction of Electrification in Truck Market

5.5         Impact Analysis of Drivers and Restraints

6.           Truck Axle – SAM Market Analysis

6.1         SAM Truck Axles Market Overview

6.2         SAM Truck Axle Market Revenue Forecast and Analysis

7.           SAM Truck Axle Market Revenue and Forecast to 2028 – Type

7.1         Overview

7.2         SAM Truck Axle Market, by Type (2020 and 2028)

7.3         Rigid Axles

7.3.1        Overview

7.3.2        Rigid Axles: SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

7.4         Drive Steer Axles

7.4.1        Overview

7.4.2        Drive Steer Axles: SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

7.5         Non-drive Steer Axles

7.5.1        Overview

7.5.2        Non-drive Steer Axles: SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

8.           SAM Truck Axle Market Revenue and Forecast to 2028 – Application

8.1         Overview

8.2         SAM Truck Axle Market, by Application (2020 and 2028)

8.3         Light-Duty Trucks

8.3.1        Overview

8.3.2        Light-Duty Trucks: SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

8.4         Medium-Duty Trucks

8.4.1        Overview

8.4.2        Medium-Duty Trucks: SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

8.5         High-Duty Trucks

8.5.1        Overview

8.5.2        High-duty Trucks: SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

9.           SAM Truck Axle Market – Country Analysis

9.1         Overview

9.1.1        SAM: Truck Axle Market, by Key Country

9.1.1.1          Brazil: Truck Axle Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.1.1          Brazil: Truck Axle Market, by Type

9.1.1.1.2          Brazil: Truck Axle Market, by Application

9.1.1.2          Rest of SAM: Truck Axle Market – Revenue and Forecast to 2028 (US$ Million)

9.1.1.2.1          Rest of SAM: Truck Axle Market, by Type

9.1.1.2.2          Rest of SAM: Truck Axle Market, by Application

10.        SAM Truck Axle Market - COVID-19 Impact Analysis

10.1      Overview

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

12.        Company Profiles

12.1      American Axle & Manufacturing, Inc.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Qingte Group Co., Ltd.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Meritor, Inc.

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Rába Automotive Holding Plc.

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Dana Limited

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      SAF-HOLLAND SE

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Shandong Heavy Industry Group Co., Ltd.

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Sinotruk (Hong Kong) Limited

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      ZF Friedrichshafen AG

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index

LIST OF TABLES

Table 1.             SAM Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             SAM: Truck Axle Market, by Country – Revenue and Forecast to 2028 (US$ Million)

Table 3.             Brazil: Truck Axle Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 4.             Brazil: Truck Axle Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 5.             Rest of SAM: Truck Axle Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 6.             Rest of SAM: Truck Axle Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 7.             List of Abbreviation

LIST OF FIGURES

Figure 1.           SAM Truck Axle Market Segmentation

Figure 2.           SAM Truck Axle Market Segmentation – By Country

Figure 3.           SAM Truck Axle Market Overview

Figure 4.           Rigid Axle Segment Held the Largest Market Share in the SAM Truck Axle Market, by Type

Figure 5.           Light – Duty Trucks Segment Held the Largest Market Share in the SAM Truck Axle Market, By Application

Figure 6.           Brazil was the Largest Revenue Contributor in the SAM Truck Axle Market

Figure 7.           SAM – PEST Analysis

Figure 8.           SAM Truck Axle Market: Ecosystem Analysis

Figure 9.           SAM Truck Axle Market Impact Analysis of Drivers and Restraints

Figure 10.        SAM Truck Axle Market Revenue Forecast and Analysis (US$ Million)

Figure 11.        SAM Truck Axle Market, by Type (2020 and 2028)

Figure 12.        SAM Rigid Axles: Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        SAM Drive Steer Axles: Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Figure 14.        SAM Non-Drive Steer Axles: Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        SAM Truck Axle Market, by Application (2020 and 2028)

Figure 16.        SAM Light-Duty Trucks: Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Figure 17.        SAM Medium-Duty Trucks: Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        SAM High-duty Trucks: Truck Axle Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        SAM: Truck Axle Market, by Key Country-Revenue 2020 (US$ Million)

Figure 20.        SAM: Truck Axle Market Revenue Share, by Key Country (2020 & 2028)

Figure 21.        Brazil: Truck Axle Market – Revenue and Forecast to 2028 (US$ Million)

Figure 22.        Rest of SAM: Truck Axle Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        Impact of COVID-19 Pandemic in SAM Countries

 

  1. American Axle & Manufacturing, Inc.
  2. Dana Limited
  3. Meritor, Inc.
  4. Qingte Group Co., Ltd.
  5. Rába Automotive Holding Plc.
  6. SAF-HOLLAND SE
  7. Shandong Heavy Industry Group Co., Ltd.
  8. Sinotruk (Hong Kong) Limited
  9. ZF Friedrichshafen AG
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the SAM Truck Axle Market.
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the SAM Truck Axle market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth SAM market trends and outlook coupled with the factors driving Truck Axle market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TIPRE00023016
Your data will never be shared with third parties, however, we may send you information from time to time about our products that may be of interest to you. By submitting your details, you agree to be contacted by us. You may contact us at any time to opt-out.

Pricing