India Automotive Axles Market 2023-2030
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India Automotive Axles Market 2023-2030

Last Updated:  Apr 25, 2025 | Study Period: 2023-2030

INDIA AUTOMOTIVE AXLES MARKET

 

INTRODUCTION

An axle is a rod or shaft that joins two wheels to propel them and keep the wheels in place. In an automobile, the engine applies force to the axle, which turns the wheels and propels the vehicle forward.

 

In other words, axles transfer driving power from the engine to the wheels. Axles are crucial components of any vehicle and are classified into three types: front, rear, and stub.

 

An axle is a rod or shaft that rotates the wheels and supports the weight of your vehicle. Axles are crucial components of any vehicle and are classified into three types: front, rear, and stub. 

INDIA AUTOMOTIVE AXLES MARKET SIZE AND FORECAST

 

infographic: India Automotive Axles Market , India Automotive Axles Market Size, India Automotive Axles Market Trends, India Automotive Axles Market Forecast, India Automotive Axles Market Risks, India Automotive Axles Market Report, India Automotive Axles Market Share.

 

The India automotive axles market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

NEW PRODUCT LAUNCH

.TSF Group introduces a new product line for the global market at IAA'22. With globally trusted goods in axles, braking, and wheels tailored to suit the severe mobility needs of the European market, the group is using its 60+ years of knowledge in both heavy commercial and off-highway vehicle segments.

 

The TSF Group, which gets its heritage from the erstwhile TVS group - one of India's leading automotive groups - is presenting its new product lines, which include axles, brakes, and wheels aimed largely at the worldwide trailer industry. For over 60 years, the group has been a known Tier-1 supplier to worldwide OEMs, emphasising design, development, world-class quality, reasonable cost, and excellent client centricity.

 

Axles India will kick off Day 01 with its 9T - 12T trailer axles, which feature increased strength, are fully dressed from hub to hub, and are air suspension compatible. Both disc and drum brakes are available for the axles.

 

Wheels India and Axles India have made it their aim over the last six decades to be the benchmark in global excellence, with an emphasis on putting the client first. They work hard to keep their strategy evolving in order to satisfy the needs of their clients. They think that the best innovation occurs inside, with a world-class R&D team. Axles India Limited is a TSF Group company.

 

COMPANY PROFILE

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. How many automotive axles are manufactured per annum in India? Who are the sub-component suppliers in this region?
  2. Cost breakup of a India automotive axles and key vendor selection criteria
  3. Where are the automotive axles manufactured? What is the average margin per unit?
  4. Market share of India automotive axles market manufacturers and their upcoming products
  5. Cost advantage for OEMs who manufacture India automotive axles in-house
  6. key predictions for next 5 years in India automotive axles market
  7. Average B-2-B automotive axles market price in all segments
  8. Latest trends in automotive axles market, by every market segment
  9. The market size (both volume and value) of the automotive axles market in 2023-2030 and every year in between?
  10. Production breakup of automotive axles market, by suppliers and their OEM relationship

 

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, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
21Product installation rate by OEM, 2023
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, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix