Automotive Axle and Propeller Shaft Industry Growth Trends and...

blog ekledi Otomotiv

2025-12-06 15:55:01

Automotive Axle and Propeller Shaft Industry Growth Trends and Market Outlook 2032

The Automotive Axle and Propeller Shaft Market is witnessing steady growth as global automotive manufacturers intensify their focus on improved vehicle performance, stability, and fuel efficiency. Valued at US$ 28,989.12 million in 2024, the market is forecast to expand at a CAGR of 3.5% from 2025 to 2032. This growth is driven by rising vehicle production, increasing demand for premium and...

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