Global Steering Drive Axle Market Growth 2025-2031--LP INFORMATION, INC.

Global Steering Drive Axle Market Growth 2025-2031

Product Code: 1532171

Industry: Automobile & Transportation

Published: May 13,2025

Pages: 119

Delivery Time: 2-3 business days

Global Steering Drive Axle Market Growth 2025-2031

Product Code: 1532171

Industry: Automobile & Transportation

Published: May 13,2025

Pages: 119

Delivery Time: 2-3 business days

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Description

The global Steering Drive Axle market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

Steering Drive Axle is a vehicle axle component that integrates drive and steering functions. It can provide power transmission while allowing wheels to steer to achieve vehicle turning and maneuvering. Usually used in front-drive commercial vehicles, engineering vehicles and special vehicles, the steering drive axle improves the vehicle's maneuverability and operational flexibility, and is particularly suitable for application scenarios that require frequent steering and flexible operation.

United States market for Steering Drive Axle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Steering Drive Axle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Steering Drive Axle is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Steering Drive Axle players cover Weichai Power Co., Ltd, Qingte Group Co.,Ltd., China Heavy Duty Truck Group Co., Ltd, Anhui Ankai Foton Shuguang Axle Co.,Ltd., Shandong Pengxiang Auto Co.,Ltd, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Steering Drive Axle Industry Forecast” looks at past sales and reviews total world Steering Drive Axle sales in 2024, providing a comprehensive analysis by region and market sector of projected Steering Drive Axle sales for 2025 through 2031. With Steering Drive Axle sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Steering Drive Axle industry.

This Insight Report provides a comprehensive analysis of the global Steering Drive Axle landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Steering Drive Axle portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Steering Drive Axle market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Steering Drive Axle and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Steering Drive Axle.

This report presents a comprehensive overview, market shares, and growth opportunities of Steering Drive Axle market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Independent Suspension

    Non-independent Suspension

Segmentation by Application:

    Truck

    Off-road Vehicle

    Minecart

    Others

This report also splits the market by region:

    Americas

    United States

    Canada

    Mexico

    Brazil

    APAC

    China

    Japan

    Korea

    Southeast Asia

    India

    Australia

    Europe

    Germany

    France

UK

    Italy

    Russia

    Middle East & Africa

    Egypt

    South Africa

    Israel

    Turkey

    GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    Weichai Power Co., Ltd

    Qingte Group Co.,Ltd.

    China Heavy Duty Truck Group Co., Ltd

    Anhui Ankai Foton Shuguang Axle Co.,Ltd.

    Shandong Pengxiang Auto Co.,Ltd

    Shaanxi HANDE Axle Co.,Ltd

    Xuzhou Jingda Automobile Axle Co.,Ltd

    Anqing Heli Axle Co., Ltd

    Cummins

    kessler-co

    Dana Incorporated

    FPW Axles Limited

    Sisu Axles

    CLAAS Industrietechnik GmbH

    Meritor

Key Questions Addressed in this Report

What is the 10-year outlook for the global Steering Drive Axle market?

What factors are driving Steering Drive Axle market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Steering Drive Axle market opportunities vary by end market size?

How does Steering Drive Axle break out by Type, by Application?

Table Of Contents

1 Scope of the Report
    1.1 Market Introduction
    1.2 Years Considered
    1.3 Research Objectives
    1.4 Market Research Methodology
    1.5 Research Process and Data Source
    1.6 Economic Indicators
    1.7 Currency Considered
    1.8 Market Estimation Caveats

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global Steering Drive Axle Annual Sales 2020-2031
        2.1.2 World Current & Future Analysis for Steering Drive Axle by Geographic Region, 2020, 2024 & 2031
        2.1.3 World Current & Future Analysis for Steering Drive Axle by Country/Region, 2020, 2024 & 2031
    2.2 Steering Drive Axle Segment by Type
        2.2.1 Independent Suspension
        2.2.2 Non-independent Suspension
    2.3 Steering Drive Axle Sales by Type
        2.3.1 Global Steering Drive Axle Sales Market Share by Type (2020-2025)
        2.3.2 Global Steering Drive Axle Revenue and Market Share by Type (2020-2025)
        2.3.3 Global Steering Drive Axle Sale Price by Type (2020-2025)
    2.4 Steering Drive Axle Segment by Application
        2.4.1 Truck
        2.4.2 Off-road Vehicle
        2.4.3 Minecart
        2.4.4 Others
    2.5 Steering Drive Axle Sales by Application
        2.5.1 Global Steering Drive Axle Sale Market Share by Application (2020-2025)
        2.5.2 Global Steering Drive Axle Revenue and Market Share by Application (2020-2025)
        2.5.3 Global Steering Drive Axle Sale Price by Application (2020-2025)

3 Global by Company
    3.1 Global Steering Drive Axle Breakdown Data by Company
        3.1.1 Global Steering Drive Axle Annual Sales by Company (2020-2025)
        3.1.2 Global Steering Drive Axle Sales Market Share by Company (2020-2025)
    3.2 Global Steering Drive Axle Annual Revenue by Company (2020-2025)
        3.2.1 Global Steering Drive Axle Revenue by Company (2020-2025)
        3.2.2 Global Steering Drive Axle Revenue Market Share by Company (2020-2025)
    3.3 Global Steering Drive Axle Sale Price by Company
    3.4 Key Manufacturers Steering Drive Axle Producing Area Distribution, Sales Area, Product Type
        3.4.1 Key Manufacturers Steering Drive Axle Product Location Distribution
        3.4.2 Players Steering Drive Axle Products Offered
    3.5 Market Concentration Rate Analysis
        3.5.1 Competition Landscape Analysis
        3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
    3.6 New Products and Potential Entrants
    3.7 Market M&A Activity & Strategy

4 World Historic Review for Steering Drive Axle by Geographic Region
    4.1 World Historic Steering Drive Axle Market Size by Geographic Region (2020-2025)
        4.1.1 Global Steering Drive Axle Annual Sales by Geographic Region (2020-2025)
        4.1.2 Global Steering Drive Axle Annual Revenue by Geographic Region (2020-2025)
    4.2 World Historic Steering Drive Axle Market Size by Country/Region (2020-2025)
        4.2.1 Global Steering Drive Axle Annual Sales by Country/Region (2020-2025)
        4.2.2 Global Steering Drive Axle Annual Revenue by Country/Region (2020-2025)
    4.3 Americas Steering Drive Axle Sales Growth
    4.4 APAC Steering Drive Axle Sales Growth
    4.5 Europe Steering Drive Axle Sales Growth
    4.6 Middle East & Africa Steering Drive Axle Sales Growth

5 Americas
    5.1 Americas Steering Drive Axle Sales by Country
        5.1.1 Americas Steering Drive Axle Sales by Country (2020-2025)
        5.1.2 Americas Steering Drive Axle Revenue by Country (2020-2025)
    5.2 Americas Steering Drive Axle Sales by Type (2020-2025)
    5.3 Americas Steering Drive Axle Sales by Application (2020-2025)
    5.4 United States
    5.5 Canada
    5.6 Mexico
    5.7 Brazil

6 APAC
    6.1 APAC Steering Drive Axle Sales by Region
        6.1.1 APAC Steering Drive Axle Sales by Region (2020-2025)
        6.1.2 APAC Steering Drive Axle Revenue by Region (2020-2025)
    6.2 APAC Steering Drive Axle Sales by Type (2020-2025)
    6.3 APAC Steering Drive Axle Sales by Application (2020-2025)
    6.4 China
    6.5 Japan
    6.6 South Korea
    6.7 Southeast Asia
    6.8 India
    6.9 Australia
    6.10 China Taiwan

7 Europe
    7.1 Europe Steering Drive Axle by Country
        7.1.1 Europe Steering Drive Axle Sales by Country (2020-2025)
        7.1.2 Europe Steering Drive Axle Revenue by Country (2020-2025)
    7.2 Europe Steering Drive Axle Sales by Type (2020-2025)
    7.3 Europe Steering Drive Axle Sales by Application (2020-2025)
    7.4 Germany
    7.5 France
    7.6 UK
    7.7 Italy
    7.8 Russia

8 Middle East & Africa
    8.1 Middle East & Africa Steering Drive Axle by Country
        8.1.1 Middle East & Africa Steering Drive Axle Sales by Country (2020-2025)
        8.1.2 Middle East & Africa Steering Drive Axle Revenue by Country (2020-2025)
    8.2 Middle East & Africa Steering Drive Axle Sales by Type (2020-2025)
    8.3 Middle East & Africa Steering Drive Axle Sales by Application (2020-2025)
    8.4 Egypt
    8.5 South Africa
    8.6 Israel
    8.7 Turkey
    8.8 GCC Countries

9 Market Drivers, Challenges and Trends
    9.1 Market Drivers & Growth Opportunities
    9.2 Market Challenges & Risks
    9.3 Industry Trends

10 Manufacturing Cost Structure Analysis
    10.1 Raw Material and Suppliers
    10.2 Manufacturing Cost Structure Analysis of Steering Drive Axle
    10.3 Manufacturing Process Analysis of Steering Drive Axle
    10.4 Industry Chain Structure of Steering Drive Axle

11 Marketing, Distributors and Customer
    11.1 Sales Channel
        11.1.1 Direct Channels
        11.1.2 Indirect Channels
    11.2 Steering Drive Axle Distributors
    11.3 Steering Drive Axle Customer

12 World Forecast Review for Steering Drive Axle by Geographic Region
    12.1 Global Steering Drive Axle Market Size Forecast by Region
        12.1.1 Global Steering Drive Axle Forecast by Region (2026-2031)
        12.1.2 Global Steering Drive Axle Annual Revenue Forecast by Region (2026-2031)
    12.2 Americas Forecast by Country (2026-2031)
    12.3 APAC Forecast by Region (2026-2031)
    12.4 Europe Forecast by Country (2026-2031)
    12.5 Middle East & Africa Forecast by Country (2026-2031)
    12.6 Global Steering Drive Axle Forecast by Type (2026-2031)
    12.7 Global Steering Drive Axle Forecast by Application (2026-2031)

13 Key Players Analysis
    13.1 Weichai Power Co., Ltd
        13.1.1 Weichai Power Co., Ltd Company Information
        13.1.2 Weichai Power Co., Ltd Steering Drive Axle Product Portfolios and Specifications
        13.1.3 Weichai Power Co., Ltd Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.1.4 Weichai Power Co., Ltd Main Business Overview
        13.1.5 Weichai Power Co., Ltd Latest Developments
    13.2 Qingte Group Co.,Ltd.
        13.2.1 Qingte Group Co.,Ltd. Company Information
        13.2.2 Qingte Group Co.,Ltd. Steering Drive Axle Product Portfolios and Specifications
        13.2.3 Qingte Group Co.,Ltd. Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.2.4 Qingte Group Co.,Ltd. Main Business Overview
        13.2.5 Qingte Group Co.,Ltd. Latest Developments
    13.3 China Heavy Duty Truck Group Co., Ltd
        13.3.1 China Heavy Duty Truck Group Co., Ltd Company Information
        13.3.2 China Heavy Duty Truck Group Co., Ltd Steering Drive Axle Product Portfolios and Specifications
        13.3.3 China Heavy Duty Truck Group Co., Ltd Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.3.4 China Heavy Duty Truck Group Co., Ltd Main Business Overview
        13.3.5 China Heavy Duty Truck Group Co., Ltd Latest Developments
    13.4 Anhui Ankai Foton Shuguang Axle Co.,Ltd.
        13.4.1 Anhui Ankai Foton Shuguang Axle Co.,Ltd. Company Information
        13.4.2 Anhui Ankai Foton Shuguang Axle Co.,Ltd. Steering Drive Axle Product Portfolios and Specifications
        13.4.3 Anhui Ankai Foton Shuguang Axle Co.,Ltd. Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.4.4 Anhui Ankai Foton Shuguang Axle Co.,Ltd. Main Business Overview
        13.4.5 Anhui Ankai Foton Shuguang Axle Co.,Ltd. Latest Developments
    13.5 Shandong Pengxiang Auto Co.,Ltd
        13.5.1 Shandong Pengxiang Auto Co.,Ltd Company Information
        13.5.2 Shandong Pengxiang Auto Co.,Ltd Steering Drive Axle Product Portfolios and Specifications
        13.5.3 Shandong Pengxiang Auto Co.,Ltd Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.5.4 Shandong Pengxiang Auto Co.,Ltd Main Business Overview
        13.5.5 Shandong Pengxiang Auto Co.,Ltd Latest Developments
    13.6 Shaanxi HANDE Axle Co.,Ltd
        13.6.1 Shaanxi HANDE Axle Co.,Ltd Company Information
        13.6.2 Shaanxi HANDE Axle Co.,Ltd Steering Drive Axle Product Portfolios and Specifications
        13.6.3 Shaanxi HANDE Axle Co.,Ltd Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.6.4 Shaanxi HANDE Axle Co.,Ltd Main Business Overview
        13.6.5 Shaanxi HANDE Axle Co.,Ltd Latest Developments
    13.7 Xuzhou Jingda Automobile Axle Co.,Ltd
        13.7.1 Xuzhou Jingda Automobile Axle Co.,Ltd Company Information
        13.7.2 Xuzhou Jingda Automobile Axle Co.,Ltd Steering Drive Axle Product Portfolios and Specifications
        13.7.3 Xuzhou Jingda Automobile Axle Co.,Ltd Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.7.4 Xuzhou Jingda Automobile Axle Co.,Ltd Main Business Overview
        13.7.5 Xuzhou Jingda Automobile Axle Co.,Ltd Latest Developments
    13.8 Anqing Heli Axle Co., Ltd
        13.8.1 Anqing Heli Axle Co., Ltd Company Information
        13.8.2 Anqing Heli Axle Co., Ltd Steering Drive Axle Product Portfolios and Specifications
        13.8.3 Anqing Heli Axle Co., Ltd Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.8.4 Anqing Heli Axle Co., Ltd Main Business Overview
        13.8.5 Anqing Heli Axle Co., Ltd Latest Developments
    13.9 Cummins
        13.9.1 Cummins Company Information
        13.9.2 Cummins Steering Drive Axle Product Portfolios and Specifications
        13.9.3 Cummins Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.9.4 Cummins Main Business Overview
        13.9.5 Cummins Latest Developments
    13.10 kessler-co
        13.10.1 kessler-co Company Information
        13.10.2 kessler-co Steering Drive Axle Product Portfolios and Specifications
        13.10.3 kessler-co Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.10.4 kessler-co Main Business Overview
        13.10.5 kessler-co Latest Developments
    13.11 Dana Incorporated
        13.11.1 Dana Incorporated Company Information
        13.11.2 Dana Incorporated Steering Drive Axle Product Portfolios and Specifications
        13.11.3 Dana Incorporated Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.11.4 Dana Incorporated Main Business Overview
        13.11.5 Dana Incorporated Latest Developments
    13.12 FPW Axles Limited
        13.12.1 FPW Axles Limited Company Information
        13.12.2 FPW Axles Limited Steering Drive Axle Product Portfolios and Specifications
        13.12.3 FPW Axles Limited Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.12.4 FPW Axles Limited Main Business Overview
        13.12.5 FPW Axles Limited Latest Developments
    13.13 Sisu Axles
        13.13.1 Sisu Axles Company Information
        13.13.2 Sisu Axles Steering Drive Axle Product Portfolios and Specifications
        13.13.3 Sisu Axles Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.13.4 Sisu Axles Main Business Overview
        13.13.5 Sisu Axles Latest Developments
    13.14 CLAAS Industrietechnik GmbH
        13.14.1 CLAAS Industrietechnik GmbH Company Information
        13.14.2 CLAAS Industrietechnik GmbH Steering Drive Axle Product Portfolios and Specifications
        13.14.3 CLAAS Industrietechnik GmbH Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.14.4 CLAAS Industrietechnik GmbH Main Business Overview
        13.14.5 CLAAS Industrietechnik GmbH Latest Developments
    13.15 Meritor
        13.15.1 Meritor Company Information
        13.15.2 Meritor Steering Drive Axle Product Portfolios and Specifications
        13.15.3 Meritor Steering Drive Axle Sales, Revenue, Price and Gross Margin (2020-2025)
        13.15.4 Meritor Main Business Overview
        13.15.5 Meritor Latest Developments

14 Research Findings and Conclusion

List Of Tables

List of Tables
 Table 1. Steering Drive Axle Annual Sales CAGR by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Table 2. Steering Drive Axle Annual Sales CAGR by Country/Region (2020, 2024 & 2031) & ($ millions)
 Table 3. Major Players of Independent Suspension
 Table 4. Major Players of Non-independent Suspension
 Table 5. Global Steering Drive Axle Sales by Type (2020-2025) & (Units)
 Table 6. Global Steering Drive Axle Sales Market Share by Type (2020-2025)
 Table 7. Global Steering Drive Axle Revenue by Type (2020-2025) & ($ million)
 Table 8. Global Steering Drive Axle Revenue Market Share by Type (2020-2025)
 Table 9. Global Steering Drive Axle Sale Price by Type (2020-2025) & (US$/Unit)
 Table 10. Global Steering Drive Axle Sale by Application (2020-2025) & (Units)
 Table 11. Global Steering Drive Axle Sale Market Share by Application (2020-2025)
 Table 12. Global Steering Drive Axle Revenue by Application (2020-2025) & ($ million)
 Table 13. Global Steering Drive Axle Revenue Market Share by Application (2020-2025)
 Table 14. Global Steering Drive Axle Sale Price by Application (2020-2025) & (US$/Unit)
 Table 15. Global Steering Drive Axle Sales by Company (2020-2025) & (Units)
 Table 16. Global Steering Drive Axle Sales Market Share by Company (2020-2025)
 Table 17. Global Steering Drive Axle Revenue by Company (2020-2025) & ($ millions)
 Table 18. Global Steering Drive Axle Revenue Market Share by Company (2020-2025)
 Table 19. Global Steering Drive Axle Sale Price by Company (2020-2025) & (US$/Unit)
 Table 20. Key Manufacturers Steering Drive Axle Producing Area Distribution and Sales Area
 Table 21. Players Steering Drive Axle Products Offered
 Table 22. Steering Drive Axle Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
 Table 23. New Products and Potential Entrants
 Table 24. Market M&A Activity & Strategy
 Table 25. Global Steering Drive Axle Sales by Geographic Region (2020-2025) & (Units)
 Table 26. Global Steering Drive Axle Sales Market Share Geographic Region (2020-2025)
 Table 27. Global Steering Drive Axle Revenue by Geographic Region (2020-2025) & ($ millions)
 Table 28. Global Steering Drive Axle Revenue Market Share by Geographic Region (2020-2025)
 Table 29. Global Steering Drive Axle Sales by Country/Region (2020-2025) & (Units)
 Table 30. Global Steering Drive Axle Sales Market Share by Country/Region (2020-2025)
 Table 31. Global Steering Drive Axle Revenue by Country/Region (2020-2025) & ($ millions)
 Table 32. Global Steering Drive Axle Revenue Market Share by Country/Region (2020-2025)
 Table 33. Americas Steering Drive Axle Sales by Country (2020-2025) & (Units)
 Table 34. Americas Steering Drive Axle Sales Market Share by Country (2020-2025)
 Table 35. Americas Steering Drive Axle Revenue by Country (2020-2025) & ($ millions)
 Table 36. Americas Steering Drive Axle Sales by Type (2020-2025) & (Units)
 Table 37. Americas Steering Drive Axle Sales by Application (2020-2025) & (Units)
 Table 38. APAC Steering Drive Axle Sales by Region (2020-2025) & (Units)
 Table 39. APAC Steering Drive Axle Sales Market Share by Region (2020-2025)
 Table 40. APAC Steering Drive Axle Revenue by Region (2020-2025) & ($ millions)
 Table 41. APAC Steering Drive Axle Sales by Type (2020-2025) & (Units)
 Table 42. APAC Steering Drive Axle Sales by Application (2020-2025) & (Units)
 Table 43. Europe Steering Drive Axle Sales by Country (2020-2025) & (Units)
 Table 44. Europe Steering Drive Axle Revenue by Country (2020-2025) & ($ millions)
 Table 45. Europe Steering Drive Axle Sales by Type (2020-2025) & (Units)
 Table 46. Europe Steering Drive Axle Sales by Application (2020-2025) & (Units)
 Table 47. Middle East & Africa Steering Drive Axle Sales by Country (2020-2025) & (Units)
 Table 48. Middle East & Africa Steering Drive Axle Revenue Market Share by Country (2020-2025)
 Table 49. Middle East & Africa Steering Drive Axle Sales by Type (2020-2025) & (Units)
 Table 50. Middle East & Africa Steering Drive Axle Sales by Application (2020-2025) & (Units)
 Table 51. Key Market Drivers & Growth Opportunities of Steering Drive Axle
 Table 52. Key Market Challenges & Risks of Steering Drive Axle
 Table 53. Key Industry Trends of Steering Drive Axle
 Table 54. Steering Drive Axle Raw Material
 Table 55. Key Suppliers of Raw Materials
 Table 56. Steering Drive Axle Distributors List
 Table 57. Steering Drive Axle Customer List
 Table 58. Global Steering Drive Axle Sales Forecast by Region (2026-2031) & (Units)
 Table 59. Global Steering Drive Axle Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 60. Americas Steering Drive Axle Sales Forecast by Country (2026-2031) & (Units)
 Table 61. Americas Steering Drive Axle Annual Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 62. APAC Steering Drive Axle Sales Forecast by Region (2026-2031) & (Units)
 Table 63. APAC Steering Drive Axle Annual Revenue Forecast by Region (2026-2031) & ($ millions)
 Table 64. Europe Steering Drive Axle Sales Forecast by Country (2026-2031) & (Units)
 Table 65. Europe Steering Drive Axle Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 66. Middle East & Africa Steering Drive Axle Sales Forecast by Country (2026-2031) & (Units)
 Table 67. Middle East & Africa Steering Drive Axle Revenue Forecast by Country (2026-2031) & ($ millions)
 Table 68. Global Steering Drive Axle Sales Forecast by Type (2026-2031) & (Units)
 Table 69. Global Steering Drive Axle Revenue Forecast by Type (2026-2031) & ($ millions)
 Table 70. Global Steering Drive Axle Sales Forecast by Application (2026-2031) & (Units)
 Table 71. Global Steering Drive Axle Revenue Forecast by Application (2026-2031) & ($ millions)
 Table 72. Weichai Power Co., Ltd Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 73. Weichai Power Co., Ltd Steering Drive Axle Product Portfolios and Specifications
 Table 74. Weichai Power Co., Ltd Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 75. Weichai Power Co., Ltd Main Business
 Table 76. Weichai Power Co., Ltd Latest Developments
 Table 77. Qingte Group Co.,Ltd. Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 78. Qingte Group Co.,Ltd. Steering Drive Axle Product Portfolios and Specifications
 Table 79. Qingte Group Co.,Ltd. Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 80. Qingte Group Co.,Ltd. Main Business
 Table 81. Qingte Group Co.,Ltd. Latest Developments
 Table 82. China Heavy Duty Truck Group Co., Ltd Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 83. China Heavy Duty Truck Group Co., Ltd Steering Drive Axle Product Portfolios and Specifications
 Table 84. China Heavy Duty Truck Group Co., Ltd Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 85. China Heavy Duty Truck Group Co., Ltd Main Business
 Table 86. China Heavy Duty Truck Group Co., Ltd Latest Developments
 Table 87. Anhui Ankai Foton Shuguang Axle Co.,Ltd. Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 88. Anhui Ankai Foton Shuguang Axle Co.,Ltd. Steering Drive Axle Product Portfolios and Specifications
 Table 89. Anhui Ankai Foton Shuguang Axle Co.,Ltd. Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 90. Anhui Ankai Foton Shuguang Axle Co.,Ltd. Main Business
 Table 91. Anhui Ankai Foton Shuguang Axle Co.,Ltd. Latest Developments
 Table 92. Shandong Pengxiang Auto Co.,Ltd Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 93. Shandong Pengxiang Auto Co.,Ltd Steering Drive Axle Product Portfolios and Specifications
 Table 94. Shandong Pengxiang Auto Co.,Ltd Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 95. Shandong Pengxiang Auto Co.,Ltd Main Business
 Table 96. Shandong Pengxiang Auto Co.,Ltd Latest Developments
 Table 97. Shaanxi HANDE Axle Co.,Ltd Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 98. Shaanxi HANDE Axle Co.,Ltd Steering Drive Axle Product Portfolios and Specifications
 Table 99. Shaanxi HANDE Axle Co.,Ltd Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 100. Shaanxi HANDE Axle Co.,Ltd Main Business
 Table 101. Shaanxi HANDE Axle Co.,Ltd Latest Developments
 Table 102. Xuzhou Jingda Automobile Axle Co.,Ltd Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 103. Xuzhou Jingda Automobile Axle Co.,Ltd Steering Drive Axle Product Portfolios and Specifications
 Table 104. Xuzhou Jingda Automobile Axle Co.,Ltd Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 105. Xuzhou Jingda Automobile Axle Co.,Ltd Main Business
 Table 106. Xuzhou Jingda Automobile Axle Co.,Ltd Latest Developments
 Table 107. Anqing Heli Axle Co., Ltd Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 108. Anqing Heli Axle Co., Ltd Steering Drive Axle Product Portfolios and Specifications
 Table 109. Anqing Heli Axle Co., Ltd Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 110. Anqing Heli Axle Co., Ltd Main Business
 Table 111. Anqing Heli Axle Co., Ltd Latest Developments
 Table 112. Cummins Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 113. Cummins Steering Drive Axle Product Portfolios and Specifications
 Table 114. Cummins Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 115. Cummins Main Business
 Table 116. Cummins Latest Developments
 Table 117. kessler-co Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 118. kessler-co Steering Drive Axle Product Portfolios and Specifications
 Table 119. kessler-co Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 120. kessler-co Main Business
 Table 121. kessler-co Latest Developments
 Table 122. Dana Incorporated Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 123. Dana Incorporated Steering Drive Axle Product Portfolios and Specifications
 Table 124. Dana Incorporated Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 125. Dana Incorporated Main Business
 Table 126. Dana Incorporated Latest Developments
 Table 127. FPW Axles Limited Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 128. FPW Axles Limited Steering Drive Axle Product Portfolios and Specifications
 Table 129. FPW Axles Limited Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 130. FPW Axles Limited Main Business
 Table 131. FPW Axles Limited Latest Developments
 Table 132. Sisu Axles Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 133. Sisu Axles Steering Drive Axle Product Portfolios and Specifications
 Table 134. Sisu Axles Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 135. Sisu Axles Main Business
 Table 136. Sisu Axles Latest Developments
 Table 137. CLAAS Industrietechnik GmbH Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 138. CLAAS Industrietechnik GmbH Steering Drive Axle Product Portfolios and Specifications
 Table 139. CLAAS Industrietechnik GmbH Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 140. CLAAS Industrietechnik GmbH Main Business
 Table 141. CLAAS Industrietechnik GmbH Latest Developments
 Table 142. Meritor Basic Information, Steering Drive Axle Manufacturing Base, Sales Area and Its Competitors
 Table 143. Meritor Steering Drive Axle Product Portfolios and Specifications
 Table 144. Meritor Steering Drive Axle Sales (Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2020-2025)
 Table 145. Meritor Main Business
 Table 146. Meritor Latest Developments


List of Figures
 Figure 1. Picture of Steering Drive Axle
 Figure 2. Steering Drive Axle Report Years Considered
 Figure 3. Research Objectives
 Figure 4. Research Methodology
 Figure 5. Research Process and Data Source
 Figure 6. Global Steering Drive Axle Sales Growth Rate 2020-2031 (Units)
 Figure 7. Global Steering Drive Axle Revenue Growth Rate 2020-2031 ($ millions)
 Figure 8. Steering Drive Axle Sales by Geographic Region (2020, 2024 & 2031) & ($ millions)
 Figure 9. Steering Drive Axle Sales Market Share by Country/Region (2024)
 Figure 10. Steering Drive Axle Sales Market Share by Country/Region (2020, 2024 & 2031)
 Figure 11. Product Picture of Independent Suspension
 Figure 12. Product Picture of Non-independent Suspension
 Figure 13. Global Steering Drive Axle Sales Market Share by Type in 2025
 Figure 14. Global Steering Drive Axle Revenue Market Share by Type (2020-2025)
 Figure 15. Steering Drive Axle Consumed in Truck
 Figure 16. Global Steering Drive Axle Market: Truck (2020-2025) & (Units)
 Figure 17. Steering Drive Axle Consumed in Off-road Vehicle
 Figure 18. Global Steering Drive Axle Market: Off-road Vehicle (2020-2025) & (Units)
 Figure 19. Steering Drive Axle Consumed in Minecart
 Figure 20. Global Steering Drive Axle Market: Minecart (2020-2025) & (Units)
 Figure 21. Steering Drive Axle Consumed in Others
 Figure 22. Global Steering Drive Axle Market: Others (2020-2025) & (Units)
 Figure 23. Global Steering Drive Axle Sale Market Share by Application (2024)
 Figure 24. Global Steering Drive Axle Revenue Market Share by Application in 2025
 Figure 25. Steering Drive Axle Sales by Company in 2025 (Units)
 Figure 26. Global Steering Drive Axle Sales Market Share by Company in 2025
 Figure 27. Steering Drive Axle Revenue by Company in 2025 ($ millions)
 Figure 28. Global Steering Drive Axle Revenue Market Share by Company in 2025
 Figure 29. Global Steering Drive Axle Sales Market Share by Geographic Region (2020-2025)
 Figure 30. Global Steering Drive Axle Revenue Market Share by Geographic Region in 2025
 Figure 31. Americas Steering Drive Axle Sales 2020-2025 (Units)
 Figure 32. Americas Steering Drive Axle Revenue 2020-2025 ($ millions)
 Figure 33. APAC Steering Drive Axle Sales 2020-2025 (Units)
 Figure 34. APAC Steering Drive Axle Revenue 2020-2025 ($ millions)
 Figure 35. Europe Steering Drive Axle Sales 2020-2025 (Units)
 Figure 36. Europe Steering Drive Axle Revenue 2020-2025 ($ millions)
 Figure 37. Middle East & Africa Steering Drive Axle Sales 2020-2025 (Units)
 Figure 38. Middle East & Africa Steering Drive Axle Revenue 2020-2025 ($ millions)
 Figure 39. Americas Steering Drive Axle Sales Market Share by Country in 2025
 Figure 40. Americas Steering Drive Axle Revenue Market Share by Country (2020-2025)
 Figure 41. Americas Steering Drive Axle Sales Market Share by Type (2020-2025)
 Figure 42. Americas Steering Drive Axle Sales Market Share by Application (2020-2025)
 Figure 43. United States Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 44. Canada Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 45. Mexico Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 46. Brazil Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 47. APAC Steering Drive Axle Sales Market Share by Region in 2025
 Figure 48. APAC Steering Drive Axle Revenue Market Share by Region (2020-2025)
 Figure 49. APAC Steering Drive Axle Sales Market Share by Type (2020-2025)
 Figure 50. APAC Steering Drive Axle Sales Market Share by Application (2020-2025)
 Figure 51. China Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 52. Japan Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 53. South Korea Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 54. Southeast Asia Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 55. India Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 56. Australia Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 57. China Taiwan Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 58. Europe Steering Drive Axle Sales Market Share by Country in 2025
 Figure 59. Europe Steering Drive Axle Revenue Market Share by Country (2020-2025)
 Figure 60. Europe Steering Drive Axle Sales Market Share by Type (2020-2025)
 Figure 61. Europe Steering Drive Axle Sales Market Share by Application (2020-2025)
 Figure 62. Germany Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 63. France Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 64. UK Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 65. Italy Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 66. Russia Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 67. Middle East & Africa Steering Drive Axle Sales Market Share by Country (2020-2025)
 Figure 68. Middle East & Africa Steering Drive Axle Sales Market Share by Type (2020-2025)
 Figure 69. Middle East & Africa Steering Drive Axle Sales Market Share by Application (2020-2025)
 Figure 70. Egypt Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 71. South Africa Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 72. Israel Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 73. Turkey Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 74. GCC Countries Steering Drive Axle Revenue Growth 2020-2025 ($ millions)
 Figure 75. Manufacturing Cost Structure Analysis of Steering Drive Axle in 2025
 Figure 76. Manufacturing Process Analysis of Steering Drive Axle
 Figure 77. Industry Chain Structure of Steering Drive Axle
 Figure 78. Channels of Distribution
 Figure 79. Global Steering Drive Axle Sales Market Forecast by Region (2026-2031)
 Figure 80. Global Steering Drive Axle Revenue Market Share Forecast by Region (2026-2031)
 Figure 81. Global Steering Drive Axle Sales Market Share Forecast by Type (2026-2031)
 Figure 82. Global Steering Drive Axle Revenue Market Share Forecast by Type (2026-2031)
 Figure 83. Global Steering Drive Axle Sales Market Share Forecast by Application (2026-2031)
 Figure 84. Global Steering Drive Axle Revenue Market Share Forecast by Application (2026-2031)

Companies Mentioned

Weichai Power Co., Ltd

Qingte Group Co.,Ltd.

China Heavy Duty Truck Group Co., Ltd

Anhui Ankai Foton Shuguang Axle Co.,Ltd.

Shandong Pengxiang Auto Co.,Ltd

Shaanxi HANDE Axle Co.,Ltd

Xuzhou Jingda Automobile Axle Co.,Ltd

Anqing Heli Axle Co., Ltd

Cummins

kessler-co

Dana Incorporated

FPW Axles Limited

Sisu Axles

CLAAS Industrietechnik GmbH

Meritor

Methodology

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

Data Sourse

Primary Source

Secondary Source

Players/Suppliers

Journals and Periodicals

Industry Experts

Government Bodies

Distributors/Traders

Annual Reports

Opinion Leaders

Presentations

Front-line Staff