Technavio has been monitoring the truck axle market and it is poised to grow by USD 0.55 billion during 2020-2024, progressing at a CAGR of almost 1% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Truck Axle Market 2020-2024 (Graphic: Business Wire)
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19
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Sep 29, 2020 (The Expresswire) — Trailer Axle Market” is valued at 1310.6 million USD in 2020 is expected to reach 1765.6 million USD by the end of 2026, growing at a CAGR of 4.3% during 2021-2026, According to New Research Study. 360 Research Reports provides key analysis on the global market in a report, titled “Trailer Axle Market by Types (Capacity: Lower than 8,000 lbs, Capacity: 8,000-15,000 lbs, Capacity: 15,000-25,000 lbs, Capacity: More Than 25,000 lbs), Applications (For Light Weight Trailers (Smaller than semi-truck trailers), For Medium Weight Trailers, For Heavy Trailers (Larger than 10,000 lbs)) and Region – Global Forecast to 2026” Browse Market data Tables and Figures spread through 90 Pages and in-depth TOC on Trailer Axle Market.
COVID-19 can affect the global economy in three main ways: by directly affecting production and