Automotive Axle Market Overview The worldwide automotive axle market was worth USD 59.18 billion in 2019, and it is expected to grow at a CAGR of 1.1 percent over the next five years. In 2019, the global automobile axle shipping totaled 195 million units. From 2020 to 2027, the market is predicted to increase due to rising global automobile production plus increasing consumer desire for hybrid...