SHARE
Automotive Differential Market

Automotive Differential Market Forecasts to 2028 – Global Analysis By Propulsion Type (ICE, Hybrid Vehicle, Electric Vehicle), Vehicle Type (Passenger Car, Electric Vehicle, Off Highway Vehicle) and By Geography

4.1 (43 reviews)
Published: June 2021 ID: SMRC20613
4.1 (43 reviews)
Published: June 2021 ID: SMRC20613

This report covers the impact of COVID-19 on this global market
Loading...

According to Stratistics MRC, the Global Automotive Differential market is accounted for $18.75 billion in 2020 and is expected to reach $31.50 billion by 2028 growing at a CAGR of 6.7% during the forecast period. Increase in demand for commercial & heavy-duty vehicles, Increase in demand for luxury and sport utility vehicles (SUV) vehicles and need of better traction on roads are the major factors driving the market growth. However, increase in demand for electric vehicles is restraining the market growth.

Automotive differential is a crucial part of the automotive drive train which enables different drive wheels to attain effective turning and driving operations. Automotive differential can be defined as a device used to split engines’ torque in two ways, allowing each output to spin the vehicle wheel at a different speed. The differential is found in all modern passenger vehicles, electric vehicles and commercial vehicles. All drive vehicles require a differential between each set of drive wheels, which is one in between the front wheels as well as back wheels. Part-time four-wheel do not have a differential between front and rear wheels due to which the front and rear wheels turn at the same speed as they are locked together.

Based on differential type, the Electronic Limited Slip Differential (ELSD) segment is estimated to have a lucrative growth due to increased focus of automotive original equipment manufacturer (OEMs) to replace the mechanical parts with compact electrical components for fuel-efficiency which resulting in the adoption of ELSD in mid-segment vehicles and heavy vehicles as well. By geography, Asia Pacific is going to have high growth during forecast period due to increased popularity of off-road vehicles and sports cars in this region.

Some of the key players profiled in the Automotive Differential Market include GKN plc, Eaton, Auburn Gear, LLC, AAM, Auburn Gear, Powertrax, The Schaeffler Technologies AG & Co. KG, Jiangsu Pacific Precision Forging Co., Ltd. (PPF), JTEKT Corporation, Neapco and Dana Limited.

Report Coverage

Details

Published Year:

2021

Estimated Market Size in 2020:

USD 18.75billion

Estimated Period:

2020

Compound Annual Growth Rate (CAGR) from 2020 to 2028:

6.7%

Predicted 2028 Value:

USD 31.50billion

Forecast Years:

2021-2028

Tables, Graphs & Figures

302

Chapters Covered:

Drive Type, Differential Type, Component, Propulsion Type, Vehicle Type and Region

Core Drivers and Opportunities:

  • Increase in demand for commercial & heavy-duty vehicles
  • Increase in demand for luxury and sport utility vehicles (SUV) vehicles
  • Need of better traction on roads

Restraining Factors & Market Threats:

  • Increase in demand for electric vehicles
  • Developing fail-safe electronic and electrical components


Drive Types Covered:
• Front Wheel Drive (FWD)
• Rear Wheel Drive (RWD)
• All Wheel/Four-Wheel Drive (AWD/4WD)

Differential Types Covered:
• Anti Slip Differential
• Double Worm Differential
• Electronic Limited Slip Differential (ELSD)
• Limited Slip Differential (LSD)
• Locking Differential
• Open Differential
• Torque Vectoring Differential
• Torsen Differential

Components Covered:
• Differential Bearing
• Differential Case
• Differential Gear
• Differential Pin

Propulsion Types Covered:
• Internal Combustion Engine (ICE)
• Hybrid Vehicle
• Electric Vehicle

Vehicle Types Covered:
• Passenger Car (PC)
• Commercial Vehicle
• Electric Vehicle
• Truck
• Bus
• Off Highway Vehicle

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Key Questions Answered In The Report

The Global Automotive Differential Market is majorly driven by increase in demand for commercial & heavy-duty vehicles, increase in demand for luxury and sport utility vehicles (SUV) vehicles and need of better traction on roads.

The all wheel/four-wheel drive (AWD/4WD) segment is growing at a highest CAGR owing to growing demand for SUVs, increasing demand for improved vehicle safety, stability, and enhanced driving dynamics.

Asia Pacific dominated with a significant market share due to the factors such as upsurge in the number of vehicles and the rising automotive industry in this region.

North America market is growing at a highest CAGR owing to the development of local players and the presence of major key players of the market in the region.

Key players in Automotive Differential Market include GKN plc, Eaton, Auburn Gear, LLC, AAM, Auburn Gear, Powertrax, The Schaeffler Technologies AG & Co. KG, Jiangsu Pacific Precision Forging Co., Ltd. (PPF), JTEKT Corporation, Neapco and Dana Limited.

1 Executive Summary     
      
2 Preface  
   
 2.1 Abstract    
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology    
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions   
      
3 Market Trend Analysis     
 3.1 Introduction    
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities    
 3.5 Threats    
 3.7 Emerging Markets    
 3.8 Impact of Covid-19    
      
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry    
      
5 Global Automotive Differential Market, By Drive Type     
 5.1 Introduction    
 5.2 Front Wheel Drive (FWD)    
 5.3 Rear Wheel Drive (RWD)    
 5.4 All Wheel/Four-Wheel Drive (AWD/4WD)    
      
6 Global Automotive Differential Market, By Differential Type     
 6.1 Introduction    
 6.2 Anti Slip Differential    
 6.3 Double Worm Differential    
 6.4 Electronic Limited Slip Differential (ELSD)    
 6.5 Limited Slip Differential (LSD)    
 6.6 Locking Differential    
 6.7 Open Differential    
 6.8 Torque Vectoring Differential    
 6.9 Torsen Differential    
      
7 Global Automotive Differential Market, By Component     
 7.1 Introduction    
 7.2 Differential Bearing    
 7.3 Differential Case    
 7.4 Differential Gear    
 7.5 Differential Pin    
      
8 Global Automotive Differential Market, By Propulsion Type     
 8.1 Introduction    
 8.2 Internal Combustion Engine (ICE)    
  8.2.1 Spark Ignition Engine based Vehicle   
  8.2.2 Compression Ignition Engine based Vehicle   
 8.3 Hybrid Vehicle    
  8.3.1 Plug In Hybrid Electric Vehicle (PHEV)   
  8.3.2 Hybrid Electric Vehicles (HEVS)   
 8.4 Electric Vehicle    
  8.4.1 Battery Electric Vehicle   
  8.4.2 Fuel Cell Electric Vehicle   
      
9 Global Automotive Differential Market, By Vehicle Type     
 9.1 Introduction    
 9.2 Passenger Car (PC)    
 9.3 Commercial Vehicle    
  9.3.1 Light Commercial Vehicle (LCV)   
  9.3.2 Heavy Commercial Vehicle (HCV)   
 9.4 Electric Vehicle    
 9.5 Truck    
 9.6 Bus    
 9.7 Off Highway Vehicle    
  9.7.1 Construction & Mining Equipment   
  9.7.2 Agriculture Tractors   
  9.7.3 Forklift   
      
10 Global Automotive Differential Market, By Geography     
 10.1 Introduction    
 10.2 North America    
  10.2.1 US   
  10.2.2 Canada   
  10.2.3 Mexico   
 10.3 Europe    
  10.3.1 Germany   
  10.3.2 UK   
  10.3.3 Italy   
  10.3.4 France   
  10.3.5 Spain   
  10.3.6 Rest of Europe   
 10.4 Asia Pacific    
  10.4.1 Japan   
  10.4.2 China   
  10.4.3 India   
  10.4.4 Australia   
  10.4.5 New Zealand   
  10.4.6 South Korea   
  10.4.7 Rest of Asia Pacific   
 10.5 South America    
  10.5.1 Argentina   
  10.5.2 Brazil   
  10.5.3 Chile   
  10.5.4 Rest of South America   
 10.6 Middle East & Africa    
  10.6.1 Saudi Arabia   
  10.6.2 UAE   
  10.6.3 Qatar   
  10.6.4 South Africa   
  10.6.5 Rest of Middle East & Africa   
      
11 Key Developments     
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures    
 11.2 Acquisitions & Mergers    
 11.3 New Product Launch    
 11.4 Expansions    
 11.5 Other Key Strategies    
      
12 Company Profiling     
 12.1 GKN plc    
 12.2 Eaton    
 12.3 Auburn Gear, LLC    
 12.4 AAM    
 12.5 Auburn Gear    
 12.6 Powertrax    
 12.7 The Schaeffler Technologies AG & Co. KG    
 12.8 Jiangsu Pacific Precision Forging Co., Ltd. (PPF)    
 12.9 JTEKT Corporation    
 12.10 Neapco     
 12.11 Dana Limited    


List of Tables      
1 Global Automotive Differential Market Outlook, By Region (2019-2028) (US $MN)      
2 Global Automotive Differential Market Outlook, By Drive Type (2019-2028) (US $MN)      
3 Global Automotive Differential Market Outlook, By Front Wheel Drive (FWD) (2019-2028) (US $MN)      
4 Global Automotive Differential Market Outlook, By Rear Wheel Drive (RWD) (2019-2028) (US $MN)      
5 Global Automotive Differential Market Outlook, By All Wheel/Four-Wheel Drive (AWD/4WD) (2019-2028) (US $MN)      
6 Global Automotive Differential Market Outlook, By Differential Type (2019-2028) (US $MN)      
7 Global Automotive Differential Market Outlook, By Anti Slip Differential (2019-2028) (US $MN)      
8 Global Automotive Differential Market Outlook, By Double Worm Differential (2019-2028) (US $MN)      
9 Global Automotive Differential Market Outlook, By Electronic Limited Slip Differential (ELSD) (2019-2028) (US $MN)      
10 Global Automotive Differential Market Outlook, By Limited Slip Differential (LSD) (2019-2028) (US $MN)      
11 Global Automotive Differential Market Outlook, By Locking Differential (2019-2028) (US $MN)      
12 Global Automotive Differential Market Outlook, By Open Differential (2019-2028) (US $MN)      
13 Global Automotive Differential Market Outlook, By Torque Vectoring Differential (2019-2028) (US $MN)      
14 Global Automotive Differential Market Outlook, By Torsen Differential (2019-2028) (US $MN)      
15 Global Automotive Differential Market Outlook, By Component (2019-2028) (US $MN)      
16 Global Automotive Differential Market Outlook, By Differential Bearing (2019-2028) (US $MN)      
17 Global Automotive Differential Market Outlook, By Differential Case (2019-2028) (US $MN)      
18 Global Automotive Differential Market Outlook, By Differential Gear (2019-2028) (US $MN)      
19 Global Automotive Differential Market Outlook, By Differential Pin (2019-2028) (US $MN)      
20 Global Automotive Differential Market Outlook, By Propulsion Type (2019-2028) (US $MN)      
21 Global Automotive Differential Market Outlook, By Internal Combustion Engine (ICE) (2019-2028) (US $MN)      
22 Global Automotive Differential Market Outlook, By Spark Ignition Engine based Vehicle (2019-2028) (US $MN)      
23 Global Automotive Differential Market Outlook, By Compression Ignition Engine based Vehicle (2019-2028) (US $MN)      
24 Global Automotive Differential Market Outlook, By Hybrid Vehicle (2019-2028) (US $MN)      
25 Global Automotive Differential Market Outlook, By Plug In Hybrid Electric Vehicle (PHEV) (2019-2028) (US $MN)      
26 Global Automotive Differential Market Outlook, By Hybrid Electric Vehicles (HEVS) (2019-2028) (US $MN)      
27 Global Automotive Differential Market Outlook, By Electric Vehicle (2019-2028) (US $MN)      
28 Global Automotive Differential Market Outlook, By Battery Electric Vehicle (2019-2028) (US $MN)      
29 Global Automotive Differential Market Outlook, By Fuel Cell Electric Vehicle (2019-2028) (US $MN)      
30 Global Automotive Differential Market Outlook, By Vehicle Type (2019-2028) (US $MN)      
31 Global Automotive Differential Market Outlook, By Passenger Car (PC) (2019-2028) (US $MN)      
32 Global Automotive Differential Market Outlook, By Commercial Vehicle (2019-2028) (US $MN)      
33 Global Automotive Differential Market Outlook, By Light Commercial Vehicle (LCV) (2019-2028) (US $MN)      
34 Global Automotive Differential Market Outlook, By Heavy Commercial Vehicle (HCV) (2019-2028) (US $MN)      
35 Global Automotive Differential Market Outlook, By Electric Vehicle (2019-2028) (US $MN)      
36 Global Automotive Differential Market Outlook, By Truck (2019-2028) (US $MN)      
37 Global Automotive Differential Market Outlook, By Bus (2019-2028) (US $MN)      
38 Global Automotive Differential Market Outlook, By Off Highway Vehicle (2019-2028) (US $MN)      
39 Global Automotive Differential Market Outlook, By Construction & Mining Equipment (2019-2028) (US $MN)       
40 Global Automotive Differential Market Outlook, By Agriculture Tractors (2019-2028) (US $MN)      
41 Global Automotive Differential Market Outlook, By Forklift (2019-2028) (US $MN)      
      
Note: Tables for North America, Europe, Asia Pacific, South America and Middle East & Africa are represented in the same manner as above.      

In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.

Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.

All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929

We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

We have 3 different licensing options available in electronic format.

  • Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
  • 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
  • Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.

All our reports are typically be emailed to you as an attachment.

To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.

We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.

We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.

Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.

Select License Type

Allows one person to have access to the ordered product.The ordered product cannot be distributed to anyone else.
Allows the ordered product to be shared among a maximum of 5 people within your organisation.
Allows the product to be shared among all employees of your organisation at one particular location.
Allows the product to be shared among all employees of your organisation regardless of their geographical location.

WHY CHOOSE US ?

Assured Quality

Assured Quality

Best in class reports with high standard of research integrity

24X7 Research Support

24X7 Research Support

Continuous support to ensure the best customer experience.

Free Customization

Free Customization

Adding more values to your product of interest.

Safe and Secure Access

Safe & Secure Access

Providing a secured environment for all online transactions.

Trusted by 600+ Brands

Trusted by 600+ Brands

Serving the most reputed brands across the world.

Testimonials