Global Construction Equipment Steering Axle Market 2022-2027
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Global Construction Equipment Steering Axle Market 2022-2027

Last Updated:  Apr 25, 2025 | Study Period: 2022-2027

GLOBAL CONSTRUCTION EQUIPMENT STEERING AXLE MARKET

 

INTRODUCTION

Numerous multi-axle automobiles use the axle to improve vehicle mobility when handling steep road twists and corners. A fixed axle restricts vehicle agility and, as a result, makes steering inflexible.

 

To prevent vehicle direction, the self-steering axle is equipped with a steerable lock that is activated while reversing the vehicle.

 

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The non-driving shaft, such as the front beam shaft in heavy-duty trucks and a few equipment, is devoid of a shaft and serves solely as a suspension system component.

GLOBAL CONSTRUCTION EQUIPMENT STEERING AXLE MARKET DEVELOPMENTS AND INNOVATIONS

Light weighting, down speeding, and power carrying characteristics have been prioritised in steer and driving axle developments to fulfil Phase 2 greenhouse gas (GHG) requirements.

 

Drive axles are designed with quicker ratios to manage larger axle input torques that come from lowering engine RPM at highway speeds to assist engine down speeding for line-haul applications.

 

Single drive axles can also be built to accommodate super-fast ratios and enable engine down speeding as the use of 612 configurations increases. Current driving axle innovations have centred on cutting efficiency losses using high efficiency gearing and bearings in order to reduce greenhouse gas (GHG) emissions.

 

Higher ratios also allow diesel engines to operate at slow speeds. On the steer axle side, weight reduction has been prioritised through into the incorporation of guiding arms, tie rods arms, spindles, and torque washers at the wheeled end.

 

COMPETITIVE LANDSCAPE

In multi-axle vehicles, incorporating a self-steering axle lowers tyre wear caused by wheel dragging when navigating curves and managing the vehicle.

 

A car with a self-steering axle can save four tyres each 100,000 kilometres driven. Furthermore, it effectively minimises the vehicle's turning radius, allowing huge vehicles to move through somewhat congested places more readily than vehicles with fixed axles. A self-steering axle also improves the vehicle's fuel efficiency.

 

NAF Axles is a leading mobiliser of the axles modules in the market. The latest integration has been the telescoping actuator in the axles beam adjusts the track width.

 

This enables for the use of various tyre sizes and widths on the vehicle. This makes the equipment more broadly applicable and allows it to handle greater traction and load, especially on soft soils like those seen during rice harvest. A driving shaft, as well as a directly mounted hydro motor or electric motor, can be used to power the axles.

 

Axle Tech  is part of the component manufacture trending companies in the current industry.

 

The AxleTech 3000 series worldwide steer axles are designed to fulfil the growing demands of 4x4 good mobility strategic, forestry, airport fire accident rescue, snow blower, municipal truck, as well as medium specialized vehicle professions.

 

Dependent on the brakes installed in the axle assembly, maximum deflection angles of up to 42 degrees are conceivable. To enhance operational handling, the 3000 series steer axle incorporates 7-degree inclined kingpins.

COMPANIES PROFILED

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2022-2027
18Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027
19Market Segmentation, Dynamics and Forecast by Application, 2022-2027
20Market Segmentation, Dynamics and Forecast by End use, 2022-2027
21Product installation rate by OEM, 2022
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2022
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix