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Global Automotive Axle and Propeller Shaft Market Driven by EVs and Lightweight Material Demand | #automotive axle market # propeller shaft # driveline components # auto parts manufacturing # vehicle drivetrain system

Global Automotive Axle and Propeller Shaft Market Driven by EVs and Lightweight Material Demand

Global Automotive Axle and Propeller Shaft Market Driven by EVs and Lightweight Material Demand

The global automotive axle and propeller shaft market size was valued at USD 24.92 billion in 2024 and is projected to reach USD 32.87 billion by 2032, with a CAGR of 3.52% during the forecast period of 2025 to 2032.

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