Dublin, Sept. 28, 2021 (GLOBE NEWSWIRE) -- The "Automotive Differential Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
The global automotive differential market reached a value of US$ 18.1 Billion in 2020. Looking forward, the market is expected to grow at a CAGR of 4.8% during 2021-2026. Keeping in mind the uncertainties of COVID-19, the analyst is continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor.
An automotive differential is a gear train that enables the wheels to rotate at different speeds while turning. It splits the engine torque into two separate units, thus enabling them to multiply engine power and spin wheels at different speeds. The differential is usually present in the rear axle assembly of rear-wheel drives and consists of pinion bearings, spider and side gears, side bearings and differential case and drive gears. Open, locking, limited-slip, electronically controlled limited-slip and torque vectoring differential are the commonly used variants that are added to passenger and commercial vehicles.
Significant growth in the automotive industry is one of the key factors creating a positive outlook for the market. Furthermore, the increasing demand for commercial and heavy-duty vehicles is also providing a boost to the market growth. The differential is a crucial component in automobiles that aids in conveniently maneuvering the vehicle at curves with enhanced traction control and preventing accidents. Widespread adoption of electronically limited-slip differential (ELSD) is acting as another growth-inducing factor. It is primarily used in sports and off-road automobiles that offer improved braking systems, off-road and on-road driving experience, comfort and stability of the vehicles over slippery roads. Other factors, such as rising expenditure capacities of consumers, increasing preference for luxury and semi-utility vehicles (SUVs) and extensive research and development (R&D) activities to produce more cost-effective and efficient variants, are expected to drive the market further.
Breakup by Type
- Electronic Limited-Slip Differential (ELSD)
- Locking Differential
- Limited-Slip Differential (LSD)
- Open Differential
- Torque Vectoring Differential
Breakup by Drive Type
- Front Wheel Drive (FWD)
- Rear Wheel Drive (RWD)
- All Wheel Drive/ Four Wheel Drive (AWD/4WD)
Breakup by Vehicle
- Passenger Car
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Off-highway Vehicle
Breakup by Component
- Differential Bearing
- Differential Gear
- Differential Case
Breakup by Vehicle Propulsion Type
- I.C. Engine Vehicle
- Spark Ignition Engine based Vehicle
- Compression Ignition Engine based Vehicle
- Electric Vehicle
- Battery Electric Vehicle
- Fuel Cell Electric Vehicle
- Hybrid Electric Vehicle
- Hybrid Electric
- Plug-in Hybrid Electric
Breakup by Region
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape
The report has also analysed the competitive landscape of the market with some of the key players being American Axle & Manufacturing Inc., Borgwarner Inc., Continental AG, Dana Limited, Eaton Corporation Inc., GKN Plc (Melrose Industries), JTEKT Corporation (Toyota Motor Corporation), Linamar Corporation, PowerTrax, Schaeffler Group and ZF Friedrichshafen AG.
Key Questions Answered in This Report
- How has the global automotive differential market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global automotive differential market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the drive type?
- What is the breakup of the market based on the vehicle?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the vehicle propulsion type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global automotive differential market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Differential Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Type
6.1 Electronic Limited-Slip Differential (ELSD)
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Locking Differential
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Limited-Slip Differential (LSD)
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Open Differential
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Torque Vectoring Differential
6.5.1 Market Trends
6.5.2 Market Forecast
7 Market Breakup by Drive Type
7.1 Front Wheel Drive (FWD)
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Rear Wheel Drive (RWD)
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 All Wheel Drive/ Four Wheel Drive (AWD/4WD)
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Vehicle
8.1 Passenger Car
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Light Commercial Vehicle
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Heavy Commercial Vehicle
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Off-highway Vehicle
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Component
9.1 Differential Bearing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Differential Gear
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Differential Case
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Vehicle Propulsion Type
10.1 I.C. Engine Vehicle
10.1.1 Market Trends
10.1.2 Major Types
10.1.2.1 Spark Ignition Engine Based Vehicle
10.1.2.2 Compression Ignition Engine Based Vehicle
10.1.3 Market Forecast
10.2 Electric Vehicle
10.2.1 Market Trends
10.2.2 Major Types
10.2.2.1 Battery Electric Vehicle
10.3.2.2 Fuel Cell Electric Vehicle
10.2.3 Market Forecast
10.3 Hybrid Electric Vehicle
10.3.1 Market Trends
10.3.2 Major Types
10.3.2.1 Hybrid Electric
10.3.2.2 Plug-in Hybrid Electric
10.3.3 Market Forecast
11 Market Breakup by Region
12 SWOT Analysis
13 Value Chain Analysis
14 Porters Five Forces Analysis
15 Price Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Key Players
16.3 Profiles of Key Players
16.3.1 American Axle & Manufacturing Inc.
16.3.1.1 Company Overview
16.3.1.2 Product Portfolio
16.3.1.3 Financials
16.3.1.4 SWOT Analysis
16.3.2 Borgwarner Inc.
16.3.2.1 Company Overview
16.3.2.2 Product Portfolio
16.3.2.3 Financials
16.3.2.4 SWOT Analysis
16.3.3 Continental AG
16.3.3.1 Company Overview
16.3.3.2 Product Portfolio
16.3.3.3 Financials
16.3.3.4 SWOT Analysis
16.3.4 Dana Incorporated
16.3.4.1 Company Overview
16.3.4.2 Product Portfolio
16.3.4.3 Financials
16.3.5 Eaton Corporation Inc.
16.3.5.1 Company Overview
16.3.5.2 Product Portfolio
16.3.5.3 Financials
16.3.5.4 SWOT Analysis
16.3.6 GKN PLC (Melrose Industries)
16.3.6.1 Company Overview
16.3.6.2 Product Portfolio
16.3.7 JTEKT Corporation (Toyota Motor Corporation)
16.3.7.1 Company Overview
16.3.7.2 Product Portfolio
16.3.7.3 Financials
16.3.8 Linamar Corporation
16.3.8.1 Company Overview
16.3.8.2 Product Portfolio
16.3.8.3 Financials
16.3.8.4 SWOT Analysis
16.3.9 PowerTrax
16.3.9.1 Company Overview
16.3.9.2 Product Portfolio
16.3.10 Schaeffler Group
16.3.10.1 Company Overview
16.3.10.2 Product Portfolio
16.3.10.3 Financials
16.3.11 ZF Friedrichshafen AG
16.3.11.1 Company Overview
16.3.11.2 Product Portfolio
16.3.11.3 SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/h73zzg
