Global automotive differential market is expected to reach USD 43.2 Billion by 2025 at a CAGR of 4.8% from 2018 to 2025. The key contributing factor are the rising demand for commercial & heavy-duty vehicles and high investment in infrastructure which has fuelled the demand for construction equipment
Market Overview:
Automotive differential helps the wheels to revolve at different speeds as the outer wheels have to cover a larger circumference, thus, helping in smooth operations. Automotive differential is the part of rear axle assembly of rear-wheel drives which consists of rear drive axles and rear axle housing. Other than this, automotive differential helps in increasing engine power and reducing speed at the output. The global automotive differential market is expected to show growth over the forecast period as OEMs focused towards four-wheel drive. It enhances fuel-efficiency and increases vehicle performance.
Report Description:
Market Dynamics:
Drivers:
Restraints:
Opportunities:
Challenges:
Global Automotive Differential Market Key Findings:
All the segments have been analysed on global, regional and country basis. The study includes the analysis of more than 30 countries for each segment.
Segmentation Analysis:
The automotive differential market is segmented on the basis of differential type, drive type, vehicle type, hybrid type, off-highway vehicle type, component and region.
Regional Segmentation Analysis:
The regions analysed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. Asia Pacific dominated the market with the highest share of 52.5% whereas the Europe region was growing at a good pace in the market.
Global Automotive Differential Market Competitive Analysis:
Key players in the Automotive Differential Market are ZF Friedrichshafen AG, Eaton, BorgWarner, Schaeffler, GKN PLC, JTEKT Corporation, DANA Limited, and Drexler Automotive GmbH, Neapco Inc., Auburn Gear, LLC, AAM , Jiangsu Pacific Precision Forging Co., Ltd. (PPF)and others. BorgWarner is one of the major manufacturers. Despite of holding a small share as compared to other major manufacturers BorgWarner captures a good position in the differential market for vehicles.
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Scope
Key Points |
Information |
Evaluate Market Potential |
Growth Rates (CAGR %) Value (USD Billion) {Market Size} Volume (‘000 Units) |
USP of Report |
Industry and Technology Trends Market Evolution Value Chain Analysis Company Share Analysis Competitive & Vendor landscape SWOT Analysis of Each Company Profit Margin Analysis Analysis of More than 30 Countries for Each Segment |
Base Year |
2017 |
Historical Years |
2015-2017 |
Forecast Period |
2018-2025 |
Regional Analysis |
North America, Europe, Asia Pacific, South America, and Middle East and Africa |
Countries Analysis |
U.S., Canada, Mexico, Germany, France, Sweden, Netherlands, U.K., Italy, Spain, Turkey, Switzerland, Belgium, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Brazil, Saudi Arabia, UAE, Egypt, Nigeria, South Africa |
This study forecasts revenue and volume growth at global, regional, and country levels from 2015 to 2025. Fior Market Research has segmented the global automotive differential market on the basis of below mentioned segments:
Global Automotive Differential Market, By Differential Type:
Global Automotive Differential Market, By Drive Type:
Global Automotive Differential Market, By Vehicle Type:
Global Automotive Differential Market, By Hybrid Type:
Global Automotive Differential Market, By Off-Highway Vehicle Type:
Global Automotive Differential Market, By Component:
Global Automotive Differential Market, By Regions:
List of Table
List of Figures
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