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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
The axle plays a major role in the chassis system as a supporting link between wheels and vehicle body. All forces and moments between wheel and vehicle structure are transmitted via the axle.
The drive axle ensures that engine motive power is transferred to the wheels. The front axle also transmits the steering movements to the wheels.
| SI No | Timeline | Company | Developments |
| 1 | December 2021 | Meritor | Meritor has partnered with BAE Systems for the delivery of Electric Drivetrains for Industrial vehicles. |
| 2 | December 2021 | Nidec Corporation | Nidec Corporation has laid the foundation stone for the construction of a new factory in Serbia. |
| 3 | September 2021 | Vitesco Technologies | Vitesco Technologies has opened a new headquarters in Regensburg which comprises four buildings. |
| 4 | September 2021 | Schaeffler | Schaeffler Automotive has moved its headquarters to Frankfurtâs Gateway Gardens district for a ten year lease. |
| 5 | June 2021 | Vitesco Technologies | Vitesco Technologies has celebrated the grand new opening of a smart factory in Debrecen. |
| 6 | June 2021 | Hyllion | Hyllion will render its showroom with an expansion of its Austin Headquarters. |
In 2020, sales of light trucks (including crossovers) represented over 76% of the U.S. market, an increase from 72% the year before, and a continuation of a long-term trend in the industry
Dana has developed a smart disconnecting all-wheel drive system. In this the primary driveline drives the front wheels all the time whereas it drives the secondary driveline whenever necessary and thus leading to better fuel efficiency
There has been a significant shift from conventional axles to E-Axles. Dana has wider product range in e-axle than in the conventional axle portfolio.
Key benefits of E-axle among light commercial vehicles are:
The drive segment held a dominant share of 56.5% in 2020 based on volume and is expected to expand at the highest CAGR over the forecast period. Growing demand for all-wheel-drive vehicles would take a toll on the adoption of drive-type automotive axles.
The lift axle segment is projected to witness considerable growth from 2021 to 2026. The lift axle shipment was recorded at XX million units in 2023 and is anticipated to expand at a CAGR of XX% over the forecast period. Lift-type automotive axles are usually used in heavy commercial vehicles as secondary automotive axles to increase the load-carrying capacity of the vehicles.
To know more about Global Electric Bus Axles Market, read our report
| SI No | Timeline | Company | Developments/ Products |
| 1 | December 2021 | Meritor | Meritor has been awarded by Daimler China in order to supply single rear-drive axles for heavy duty trucks. |
| 2 | July 2021 | Vitesco Technologies | Vitesco Technologies has revealed the new generation of electric axle drive, EMR4. The power requirement is 80 kW to 230 kW and the weight is 25% lighter. |
| 3 | Q1-2021 | DANA | The eS20D e-axle has been launched by Dana with a maximum current of 350 A and a peak power of 193 kW. |
| 4 | Q1-2021 | DANA | Dana has released the new eSA201 e-Axle with a peak power of 20 kW and a maximum output torque of 13,000 Nm. |
| 5 | Q1-2021 | DANA | The eS4500r Rigid e-Axle has been released by DANA for commercial and light vehicles. It has a peak power of 180 kW and the maximum output torque of 4,500 Nm. |
| 6 | Q1-2021 | DANA | Dana has launched the eS9000r e-Axle for commercial vehicles with a peak power of 240 kW and a maximum output torque of 9,000 Nm. |
| 7 | Q1-2021 | DANA | The eS5700r e-Axle has been released by Dana for minibuses and commercial vehicles. The maximum power is about 130 kW and the maximum output torque is 5,700 Nm. |
| 8 | Q1-2021 | DANA | Dana has released the eS13.0r e-Axle which is ideal for medium-duty trucks and buses. It has a peak power of more than 150 kW and the maximum torque of 13,000 Nm. |
| 9 | 2020 | ZF | The front axle system RL 75 has been released by ZF for buses. The weight of the axle system is 496 kg. |
| 10 | 2020 | Bosch Mobility | Bosch Mobility has launched the e-Axle with an output of 50 to 300 kW and the torque will be 1000 to 5000 Nm. |
| 11 | 2020 | ZF | ZF has launched the Planetary Steering Axle APL 90 which can be used for all-wheel drive trucks. The maximum output torque is 35,000 Nm. |
| 12 | 2020 | ZF | The RL 82 EC Tag Axle System which is ideal for city and Intercity Buses with a maximum axle load of 7500 kg. |
| 13 | 2020 | ZF | ZF has released the new AVN 132 which is a Portal Axle for city buses and it is useful for step-free boarding in articulated buses. |
2021-Q1 Global Light Vehicle (LV) Production forecast to be strongly up at 10.3% increase over prior year despite shortage in the supply of semiconductors
Electric motors, power electronics, and gear systems are being combined to create a small, integrated electric axle unit by automotive suppliers and manufacturers. These electric axles save weight, complexity, and total vehicle packaging by doing away with the need for separate motor and transmission components.
High-Torque Density: Electric axles are made to offer high torque density, which enhances performance and acceleration. Powerful electric motors that are integrated into the axle assembly guarantee effective power supply to the wheels.
Regenerative Braking: Electric axles are equipped with regenerative braking, which uses the electric motor as a generator to transform kinetic energy during braking into electrical energy that can be kept in the battery of the car. The range of the car is extended by this regenerative braking system's increased energy efficiency.
Intelligent Axle Control: In the case of hybrid vehicles, advanced electric axle systems contain intelligent control algorithms that optimize power distribution between the internal combustion engine and electric motor. As a result, the powertrain is as efficient as possible, and various propulsion systems are seamlessly integrated.
Thermal Management: To maintain the ideal operating temperatures of the electric motor and power electronics, complex thermal management systems are frequently used in electric axles. Under extreme driving conditions and high performance demands, effective cooling systems guarantee the durability and dependability of the axle components.
Lightweight Materials: To lessen the weight of electric axle assemblies, manufacturers are using lightweight materials including high-strength steels and aluminum alloys. Lightweight materials are used in vehicles to reduce overall weight and increase energy efficiency.
The Dana Corporation:
For hybrid and electric vehicles, Dana has developed electric axles. These axles eliminate the need for a separate electric motor and lessen the weight and complexity of the entire vehicle by integrating electric motors and power electronics directly into the axle assembly. Improved efficiency, regenerative braking, and improved vehicle dynamics are all features of Dana's electric axles.
Axle design innovations: Dana has prioritized lightweighting and optimizing axle designs to increase fuel economy and lower pollutants. Advanced materials, like aluminum and composites, have been utilized to reduce axle weight while maintaining strength and longevity. Axle designs that are cutting edge have also been used to reduce friction losses and boost overall driveline effectiveness.
Friedrichshafen ZF AG:
Dynamic rear axle steering is made possible by Active Kinematics Control (AKC), a technology that ZF has developed. Based on the vehicle's speed, AKC modifies the rear axle's steering angle, enhancing stability, maneuverability, and cutting down on turning radius. This technology improves vehicle agility and safety, particularly in crowded urban areas.
ZF has created integrated axle systems, which join conventional mechanical axles with electric drives and electronic control systems. These integrated systems provide greater vehicle dynamics, torque vectoring capabilities, and power distribution, which improve handling and traction control.
Merritt, Inc.
Electric Drivetrains: Meritor has been developing electric drivetrain options for commercial vehicles, including axles. Their electric axles contain modern control systems, power electronics, and electric motors. These axles facilitate the switch to electric mobility in the commercial vehicle industry by offering effective torque delivery, regenerative braking, and enhanced vehicle performance.
Advancements in axle technologies have been made by Meritor to increase efficiency, dependability, and longevity. These include increased lubrication technology, improved sealing systems, and optimized gear designs. These developments lead to decreased friction, increased effectiveness, and increased axle service life.
| SI No | Timeline | Company | Updates |
| 1 | Q3-2021 | Vitesco Technologies | The total revenue of Vitesco Technologies at the end of the third quarter was â¬1.91 billion and in 2020 the revenue was â¬2.2 billion. |
| 2 | Q4-2021 | Meritor | At the end of the fourth quarter the sales of Meritor was $740 million and in the previous year the sales was $560 million. |
| 3 | Q3-2021 | Linamar | The sales of Linamar at the end of third quarter was $1.64 billion and in 2020 the sales was $1.63 billion. |
| 4 | Q3-2021 | Sonacomstar | The revenue of Sonacomstar at the end of the quarter was Rs 5.85 billion and in the previous year the revenue was Rs 3.84 billion. |
| 5 | Q3-2021 | AAM | At the end of the third quarter the net sales of AAM was $1.21 billion and in 2020 the net sales was $1.41 billion. |
| 6 | August 2021 | Nidec Corporation | Nidec Corporation has completed the Stock acquisition of Mitsubishi Heavy Industries Machine Tool Co Ltd. |
There are about 15 Tier-1 suppliers active in automotive axle market.
In 2020, American Axles Manufacturingâs 39% of the overall sales is accounted by GM and thus are the leading customers of the company. Rest of the sales are mostly from FCA (Now Stellantis Group) with 17% of overall sales and Ford with 12%
AAMâs sales for 2020, was $ 4.7B drop by almost 28% from $ 6.5B. Driveline segment sales accounted for almost 72% of the overall sales in 2020.
Danaâs 43% of the overall sales in 2020 was driven by the light vehicles segment, whereas the commercial vehicle segment accounted for only 16%. In 2020, company made about $ 7.1B sales a drop by ~18% from 2019.
Meritorâs 70% of the overall sales in 2020 was made by Axles, Suspension Systems and Drivelines. In FY-2020 the overall sales dropped by almost 31% from $ 4.3B to $ 3B.
In July 2019, Meritor completed the acquisition of Michigan based AxleTech. AxleTech will operate within Meritorâs Aftermarket, Industrial & Trailer segment.
Automotive Axles Ltd from India made about $ 127M sales in FY-2020 a steep drop of about 51% from $ 257M in FY-2019.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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