Frequently Asked Questions
The market is segmented based on Global Rear Electric Axle (E-Axle) Market, By Shaft Type (Single Axle and Multiple Axle), Material (Alloys and Carbon Fiber), Component (Combining Motors, Power Electronics, Transmission, and Others), Drive Type (All Wheel Type, Front Wheel Type, and Rear Wheel Type), Vehicle Type (Passenger Vehicle, Commercial Vehicle, and Electric Vehicle) - Industry Trends and Forecast to 2031.
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The Global Rear E Axle Market size was valued at USD 50.80 USD Billion in 2023.
The Global Rear E Axle Market is projected to grow at a CAGR of 23.5% during the forecast period of 2024 to 2031.
The major players operating in the market include Continental AG (Germany), Dana Limited (U.S.), MELROSE INDUSTRIES PLC (U.K.), Schaeffler AG (Germany), Robert Bosch GmbH (Germany), ZF Friedrichshafen AG (Germany), Magna International Inc. (Canada), Cummins Inc. (U.S.), AVL (Austria), GKN (U.K.), NIDEC CORPORATION (Japan), Linamar (Canada), Loccioni (Italy), Meritor, Inc. (U.S.), and Automotive Axles Limited (India).
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.