Friday 13 June 2014

China Automobile Axle Market Report, 2014-2017


China Automobile Axle Market Report, 2014-2017 by Sino Market Insight predicts that sales volume of axle in China during 2014-2017 will register a CAGR of 6%, and will reach 15.67 million sets by 2017. As a key auto part, the development of axle industry is closely related to that of entire automobile industry, notably commercial vehicle industry. In 2013, commercial vehicle output in China rose 7.46%, and axle market grew steadily, with annual sales volume amounting to 12.48 million sets, up 10.23% year on year.
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