Automotive Axle Market Worth 25.9 Million : CAGR at 2.2% : Increase Demand, High Growth Rate by 2025
The increasing need to reduce the weight of automotive vehicles is promoting the global automotive axle market, predicts Fortune Business Insights in their recent report. Axles are used for driving, braking, steering in vehicles and are an important aspect of vehicle use. The launch of AxTrax AVE Portal Axle on 30th October 2018 by ZF Friedrichshafen AG has further intensified market competition for automobile axles. The AxTrax AVE Portal Axle is built to serve hybrid buses, electric buses, and trolleybuses...
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