Automotive Axle & Propeller Shaft Market Size, Trends, Outlook, Opportunity Till 2020-2030

The global automotive Axle & Propeller Shaft market is expected to grow by exponential growth rate of 2.1% over the forecast period from 2020 to 2030. The market was valued at $28.1 billion in 2019 and has the potential to reach $35.3 billion by the end of forecast period 2030. Increasing vehicle production and demand across the globe, rising demand for high-end luxury vehicles, and innovation & technological advancements towards light-weighting of the overall vehicle is expected to fuel the demand of axle and propeller shaft market. Asia Pacific region…

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