AI is Redefining the Commercial Vehicle Propeller Shaft Market, Projected Growth of USD 3.9 Billion from 2024-2028, Driven by Rising Vehicle Demand - Technavio [Yahoo! Finance]
American Axle & Manufacturing Holdings, Inc. (AXL)
Last american axle & manufacturing holdings, inc. earnings: 2/14 08:00 am
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Source: Yahoo! Finance
vehicle propeller shaft market size is estimated to grow by USD 3.9 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 4.65% during the forecast period. Increasing demand for commercial vehicles is driving market growth, with a trend towards growth in industrial, construction, and mining activities. However, decline in automotive production due to global semiconductor chip shortage poses a challenge. Key market players include American Axle and Manufacturing Holdings Inc., Cardone Industries Inc., Comer Industries Spa, Dana Inc., Elbe Holding GmbH and Co. KG, GKN Automotive Ltd., Guru Nanak Auto Enterprises Ltd., Hindustan Hardy Ltd., Hitachi Ltd., Hyundai Motor Co., IFA Holding GmbH, JTEKT Corp., Nexteer Automotive Group Ltd., NTN Corp., Powertrain Industries Inc., RSB Transmissions India Ltd., Toyota Motor Corp., Yamada Manufacturing Co. Ltd., and ZF Friedrichshafen AG. Key insights into market evolution with AI-powered analysis. Explore t
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- 11/8/24 - Beat
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- 11/8/24 - Form 8-K
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