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According to the new market research report Automotive Axle & Propeller Shaft Market by Axle Type (Live, Dead & Tandem), Axle Position (Front & Rear), Propeller Shaft Type (Single & Multi Piece), Passenger Car Propeller Shaft Material (Alloy & Carbon Fiber) and Region - Global Forecast to 2025.

The market for Americas is the largest market for Inertial Sensing Systems with revenue of $2.419 billion in 2017. Also, it is projected to grow to reach $3.611 billion by 2019 with a CAGR of 6.9%, followed by Asia-pacific and Europe. The prominent regions for the inertial sensing systems growth will be Asia-Pacific and Rest of the World countries wherein there has been upheaval in the demand for aerospace and Defense products followed by their requirement for creating a suitable infrastructure to become developed economies before the end of next decade. Asia-pacific is projected to register fastest growth rate of 11.2% CAGR, followed by Americas and Europe.