The global automotive axle market is projected to maintain a modest yet consistent growth trajectory, with a Compound Annual Growth Rate (CAGR) of around 2% anticipated during the 2022-2028 forecast period. This growth is fueled by several key trends:
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- Transportation Boom: The increasing demand for efficient transportation solutions is a significant driver. Factors like the rise of online shopping and instant delivery services are propelling the use of heavy commercial vehicles, leading to a surge in demand for robust axles. Additionally, advancements in the commercial vehicle segment, with features like improved efficiency and advanced functionalities, further necessitate the use of newer and more sophisticated axles.
- Emerging Market Focus: Rising disposable incomes and a burgeoning population in regions like Asia Pacific (APAC) are creating a significant demand for private vehicles. This, coupled with the establishment of numerous logistics and supply chain companies in the region, is driving the need for large volumes of vehicles equipped with advanced features and technologies, positively impacting the axle market.
- Luxury Vehicle Segment: The growing popularity of luxury cars, known for their superior performance and higher torque requirements, translates to a demand for axles that can handle these increased loads and deliver a smooth driving experience. This segment is expected to witness continued growth, influencing the overall market.
- Shifting Preferences: Growing environmental concerns and stricter emission regulations are prompting a significant shift towards electric and hybrid vehicles. While the immediate impact might be a slowdown in the demand for conventional axles, it also presents an opportunity for the development and integration of electric axle systems, paving the way for future market expansion.
Market Leaders and Strategic Initiatives:
Major players in the automotive axle market include American Axle & Manufacturing, GNA Axles, Talbros Axles, Dana Limited, and several others. These companies are actively involved in mergers and acquisitions (M&As) and strategic partnerships to stay ahead of the curve. This collaborative approach allows them to leverage expertise and resources, facilitating the development and introduction of cutting-edge axle technologies catering to the evolving market needs.
Segment-Specific Insights:
- Vehicle Type: Among vehicle segments, the heavy commercial vehicle (HCV) category is poised to witness the highest CAGR during the forecast period. This surge is primarily attributed to the aforementioned rise in online deliveries and the increasing adoption of advanced commercial vehicles with improved features.
- Axle Position: The rear axle segment is expected to hold the highest CAGR within the market. This growth can be linked to the increasing sales of luxury vehicles and all-wheel-drive cars, fueled by rising purchasing power and a growing preference for premium driving experiences. Regions like the U.S. and China have witnessed a significant rise in rear axle demand in recent years, further bolstering this segment's growth.
Regional Outlook:
The APAC region is anticipated to demonstrate the most impressive CAGR in the coming years. This is primarily due to the factors mentioned earlier: rising disposable income, population growth, and the flourishing logistics sector in the region. Additionally, global automotive and industrial giants are setting up production facilities in APAC, focusing on advanced technologies like electric axles. For instance, Schaeffler, a leading automotive and industrial supplier, recently commenced production of 2in1 electric axles at its plant in Taicang, China. This signifies the growing focus on electric vehicle technology and its potential to influence the future of the axle market in the region.
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Conclusion:
The automotive axle market, while exhibiting moderate growth, presents exciting prospects for the future. The rise of electric vehicles, coupled with the increasing demand from emerging markets and the strategic initiatives undertaken by key players, paves the way for continuous innovation and technological advancements in the axle segment. As the automotive industry undergoes a transformation, the axle market is expected to adapt and evolve, playing a crucial role in supporting the development of next-generation vehicles.
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Non-Small Cell Lung Cancer Market is Expected to Increase With a CAGR of 10.7% for the Study Period of 2017-2030: DelveInsight (Albany, US) DelveInsight has introduced a new Market Insights, Epidemiology, and Market Forecast Report on "Non-Small Cell Lung Cancer Market Insights, Epidemiology, and Market Forecast-2030" to its portfolio.Key Highlights from report are:As per the DelveInsight analysis, the total incident cases of NSCLC in the 7MM were observed to be 484,726 cases in the year 2017.
These cases are expected to grow with a significant CAGR in the study period 2017–2030.There are different types of treatment available for NSCLC; however, mainly 10 types of standard treatment are used, which include Surgery, Radiation therapy, Chemotherapy, Targeted therapy, Immunotherapy, Laser therapy, Photodynamic therapy (PDT), Cryosurgery, Electrocautery, and Watchful waiting.The market size of NSCLC in the 7MM is expected to increase during study period.
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The therapies that are approved for the NSCLC treatment are Rozlytrek (Entrectinib), Imfinzi (Durvalumab), Opdivo (Nivolumab), Tecentriq (Atezolizumab), Keytruda (Pembrolizumab), Tafinlar (Dabrafenib) in combination with Mekinist (Trametinib), Tagrisso (osimertinib), Lorbrena/Lorviqua (Lorlatinib), Vizimpro (Dacomitinib), Alunbrig (Brigatinib), Alecensa (Alectinib), Vitrakvi (Larotrectinib), Portrazza (Necitumumab) along with many more.Drugs covered in the report are:-There are several key players robustly involved in developing potential products such asNazartinib (EGF816)Capmatinib (INC280)Tepmetko (tepotinib)MerestinibJNJ-61186372 (JNJ-6372)Vemurafenib Plus CobimetinibX-396 (Ensartinib)Tedopi (OSE2101)Selpercatinib (LY3527723/ LOXO-292)SAR408701Braftovi (encorafinib) + Mektovi (binimetinib)PADCEV (enfortumab vedotin/ASG-22ME)Pralsetinib (BLU-667)TAK-788: Canakinumab (ACZ885)Avelumab (Bavencio)Veliparib (ABT-888): Sitravatinib (MGCD516)TesevatinibRomiplostim: CabozantinibSym015AMG 510INCMGA00012 (MGA012)Libtayo (Cemiplimab)BavituximabM7824 (Bintrafusp alfa)And many others Key Players covered in the report are:-Novartis PharmaceuticalsMerck KGaAEli Lilly and CompanyJanssen Research & DevelopmentHoffmann-La RocheXcoveryBeyondSpring PharmaceuticalsOSE ImmunotherapeuticsSanofiPfizerAstellas PharmaSeattle GeneticsBlueprint Medicines CorporationTakedaAbbVieKadmon CorporationAmgenSymphogenRegeneron PharmaceuticalsPeregrine PharmaceuticalsAvid BioservicesGlaxoSmithKlineAnd many othersThe report includes provides in depth analysis historical and forecasted Market Share (%) Distribution of NSCLC, Market Share (%) Distribution of NSCLC by Mutations/Biomarkers, Total Market Size of PD-L1 NSCLC, Total Market Size of BRAF NSCLC, Total Market Size of c-Met, Total Market Size of EGFR, Total Market Size of ALK as well.The reasons for buying this report:The report proffers an overview of pathophysiology, various diagnostic approaches and NSCLC treatment algorithm, including detailed chapters for marketed products and emerging therapies.Historical and forecasted Non-Small Cell Lung Cancer epidemiology in 7MM covering the United States, EU5 (Germany, France, Italy, Spain, and the United Kingdom), and Japan from 2017-2030.Detailed historical and forecasted NSCLC market covering the United States, EU5 and Japan from 2017-2030.
Pipeline analysis across different stages of development (Phase III and Phase II), different emerging trends and comparative analysis of pipeline products with comprehensive clinical profiles, key cross-competition, launch date along with product development activities.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Market size by End User
Global Automotive Axle Market Report 2027 size is projected to be USD 64.79 billion by 2027, as per a new report by Million Insights.
Request free sample @ https://www.millioninsights.com/industry-reports/global-automotive-axle-market/request-sample Market Synopsis of Automotive Axle Market: The rapid rise in e-commerce industry has resulted in the need for efficient road freight transport, thereby; long trailers are gaining significant traction in the transport industry.
Long trailers are capable of transporting goods over a long distance, thus, proving to be cost-efficient for logistics providers.
For even distribution of load, these trailers are equipped with six axles.
Over the past few years, the demand for the all-wheel-drive vehicle is gaining traction in countries such as Japan, U.S, China and European countries.
Around two-thirds of all trucks and over 10% cars that were sold in the U.S were all-wheel drive in 2017.
The Spirulina Market is expected to grow at a CAGR of 10.3% from 2020-2030, according to a new research report by Next Move Strategy ConsultingSpirulina is a blue green algae with high nutrient content, usually consumed by human & animals.
It is also used as a complementary diet ingredient in aquaculture & poultry feeds owing to the presence of high protein & vitamin content.According to the report, growth in health consciousness among people and the rising demand for dietary supplements are major factors driving the spirulina market growth.
Additionally, high penetration of spirulina in industries such as cosmetics and pharmaceutical owing to the advantageous properties such as anti-aging, anti-wrinkles and othersare bringing changes in market tends.However, low stability & poor sustainability of spirulina derived colours is expected to restrict the market growth.Moreover, growth in research & development activities followed by untapped market opportunities in developing economies are anticipated to provide numerous opportunities to the market players in the coming few years.On the basis of type, spirulina market share is segmented into Arthrospira Platensis and Arthrospira Maxima.
Arthrospira Maxima dominates the global Spirulina market and will be the dominant throughout the forecasted period.On the basis of application, the Spirulina market is categorised into Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others.Food & Beverages segment is likely to develop significantly over the period of time owing to fast growing food & beverage industry.On the basis of drug formulation, the spirulina market is bifurcated into Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent.
Powder segment is expected to account for the major market share & dominate the market growth over the forecast period.North America dominates the spirulina market in terms of market size over the forecast period, owing to rising health consciousness among people.
Hansen Holding A/S, Algenol Biofuels Inc., Dongtai City Spirulina Bio-engineering Co., Ltd., Prolgae, Parry Neutraceuticals, Sensient Technologies Corporation, DDW Inc., Algatec and Naturex S.A.Browse key industry insights from the report, “Spirulina Market Size By Type (ArthrospiraPlatensis and Arthrospira Maxima) By Application (Nutraceuticals, Food & Beverages, Cosmetics, Animal Feed, and Others), By Drug Formulation (Powder, Tablet & Capsule, Liquid, and Granule & Gelling Agent)Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, Russia, China, India, Japan, Australia, Indonesia, Malaysia, South Korea, Brazil, Mexico, South Africa, Saudi Arabia, UAE, Kuwait), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2020–2030” in detail along with the table of contents:Key Insights from the Spirulina Market Report:Asia Pacific is the fastest growing region in Spirulina market owing to the rising demand of spirulina from various industries such as cosmetics, food , healthcare and others and government initiatives to promote local spirulina production.The Food & Beverages segment dominates the market in terms of application and is expected to grow at a significant CAGR to maintain the lead till 2030.Some of the major players in the market are DIC Corporation, Cyanotech Corporation, Chr.
The global Pomegranate market is valued at million US$ in 2018 is expected to reach million US$ by the end of 2025, growing at a CAGR of during 2019–2025.This report focuses on Pomegranate volume and value at global level, regional level and company level.
From a global perspective, this report represents overall Pomegranate market size by analyzing historical data and future prospect.
Regionally, this report focuses on several key regions: North America, Europe, China and Japan.At the company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-pomegranate-2019-608The following manufacturers are covered:POMWonderfulLakewoodMinute MaidTropi-canaGRANTERW Knudsen FamilyJale and Zolotoy SadNarniArveeTTM FoodSun Sun ShahdOrumnarinJia Neng DaSaideSegment by RegionsNorth AmericaEuropeChinaJapan Segment by TypePomegranate PowderPomegranate Juice ConcentrateSegment by ApplicationFood IndustryCosmetics IndustryPharmaceutical IndustryGet the Complete Report & TOC @ https://www.grandresearchstore.com/food-and-beverages/global-pomegranate-2019-608Table of contentExecutive Summary1 Pomegranate Market Overview1.1 Product Overview and Scope of Pomegranate1.2 Pomegranate Segment by Type1.2.1 Global Pomegranate Production Growth Rate Comparison by Type (2014–2025)2 Global Pomegranate Market Competition by Manufacturers2.1 Global Pomegranate Production Market Share by Manufacturers (2014–2019)2.2 Global Pomegranate Revenue Share by Manufacturers (2014–2019)2.3 Global Pomegranate Average Price by Manufacturers (2014–2019)3 Global Pomegranate Production Market Share by Regions3.1 Global Pomegranate Production Market Share by Regions3.2 Global Pomegranate Revenue Market Share by Regions (2014–2019)3.3 Global Pomegranate Production, Revenue, Price and Gross Margin (2014–2019)Key Que Answered in this report:What will the Global Pomegranate Market?What are the key factors driving the Global Pomegranate Market?What are the key market trends in the Pomegranate Market?improve pasting the growth of this Pomegranate Market?What are the market opportunities and threats faced by the Pomegranate Market?What are the key outcomes of the five forces analysis of the Pomegranate Market?What is our report offers:Strategic suggestions and proposals for the beginners to understandAssessments of the market share from different countries and regions were conductedTop key market players, market share analysis included.The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.The competitive landscaping mappings of the ongoing trends are discussed.Based on the market estimations, the strategic recommendations are made in the business segmentsCONTACT US:276 5th Avenue, New York, NY 10001, United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On LinkedIn:- https://www.linkedin.com/company/grand-research-store/
