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Transparency Market
Research
Rear Axle Commodity Market Growing in Demand due
to Cost-Effective Lightweight Automotive Solutions
Published Date
2015-03-31
67 Page Report
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Ress Releases
Global Rear Axle Commodity Market to Reach US$45.9 bn in
2020, Driven by Robust Growth of Automotive Industry
Transparency Market Research
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Rear Axle Commodity Market
REPORT DESCRIPTION
Rear Axle Commodity Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast 2014 – 2020
Transparency Market Research has published a new report that presents a comprehensive
overview of the global real axle commodity market. The report provides insights into the factors
driving the global real axle commodity market and the restraints that the market is likely to face
in the forthcoming years. The report is titled “ Rear Axle Commodity Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 ” and is
available on the company website for sale.
The automotive sector is one of the booming sectors currently, and is expected to witness
significant growth during the forecast period. The automotive sector is presently more inclined
towards customer safety and comfort as well as improved performance. In addition, emission
norms passed in various regions is fueling the usage of light-weight rear axles in the automotive
sector.
Rear Axle is one of the most important components used in a vehicle’s manufacturing process. A
drive axle system is driven by the engine where the axle transmits torque to the wheel. It also
maintains the proximity of the wheels relative to one another when the vehicle is in motion. The
rear axles also ensure the stability in vehicles by distributing the weight of the vehicle equally in
all its part. A non-driving...