Global Automotive Rear Axle Market is expected to reach US$ 72.0Bn by 2026 from US$ 46.0Bn in 2017 at CAGR of 5.76%.
Global automotive rear axle market is segmented by design type, vehicle type, application and region. Design type is classified into semi-floating, three- quarter floating and full-floating. Vehicle type is divided into passenger vehicles, commercial vehicles and off-road vehicles. An application is split into heavy vehicles, luxury vehicles, executive vehicles, economy vehicle, SUV, MUV, and railways. Region-wise divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America.
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