Automotive Differential - Global Market Outlook (2020-2028)
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.
Drive Types Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
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.
Drive Types Covered:
- Front Wheel Drive (FWD)
- Rear Wheel Drive (RWD)
- All Wheel/Four-Wheel Drive (AWD/4WD)
- Anti Slip Differential
- Double Worm Differential
- Electronic Limited Slip Differential (ELSD)
- Limited Slip Differential (LSD)
- Locking Differential
- Open Differential
- Torque Vectoring Differential
- Torsen Differential
- Differential Bearing
- Differential Case
- Differential Gear
- Differential Pin
- Internal Combustion Engine (ICE)
- Hybrid Vehicle
- Electric Vehicle
- Passenger Car (PC)
- Commercial Vehicle
- Electric Vehicle
- Truck
- Bus
- Off Highway Vehicle
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- 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
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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
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
Table 1 Global Automotive Differential Market Outlook, By Region (2019-2028) (US $MN)
Table 2 Global Automotive Differential Market Outlook, By Drive Type (2019-2028) (US $MN)
Table 3 Global Automotive Differential Market Outlook, By Front Wheel Drive (FWD) (2019-2028) (US $MN)
Table 4 Global Automotive Differential Market Outlook, By Rear Wheel Drive (RWD) (2019-2028) (US $MN)
Table 5 Global Automotive Differential Market Outlook, By All Wheel/Four-Wheel Drive (AWD/4WD) (2019-2028) (US $MN)
Table 6 Global Automotive Differential Market Outlook, By Differential Type (2019-2028) (US $MN)
Table 7 Global Automotive Differential Market Outlook, By Anti Slip Differential (2019-2028) (US $MN)
Table 8 Global Automotive Differential Market Outlook, By Double Worm Differential (2019-2028) (US $MN)
Table 9 Global Automotive Differential Market Outlook, By Electronic Limited Slip Differential (ELSD) (2019-2028) (US $MN)
Table 10 Global Automotive Differential Market Outlook, By Limited Slip Differential (LSD) (2019-2028) (US $MN)
Table 11 Global Automotive Differential Market Outlook, By Locking Differential (2019-2028) (US $MN)
Table 12 Global Automotive Differential Market Outlook, By Open Differential (2019-2028) (US $MN)
Table 13 Global Automotive Differential Market Outlook, By Torque Vectoring Differential (2019-2028) (US $MN)
Table 14 Global Automotive Differential Market Outlook, By Torsen Differential (2019-2028) (US $MN)
Table 15 Global Automotive Differential Market Outlook, By Component (2019-2028) (US $MN)
Table 16 Global Automotive Differential Market Outlook, By Differential Bearing (2019-2028) (US $MN)
Table 17 Global Automotive Differential Market Outlook, By Differential Case (2019-2028) (US $MN)
Table 18 Global Automotive Differential Market Outlook, By Differential Gear (2019-2028) (US $MN)
Table 19 Global Automotive Differential Market Outlook, By Differential Pin (2019-2028) (US $MN)
Table 20 Global Automotive Differential Market Outlook, By Propulsion Type (2019-2028) (US $MN)
Table 21 Global Automotive Differential Market Outlook, By Internal Combustion Engine (ICE) (2019-2028) (US $MN)
Table 22 Global Automotive Differential Market Outlook, By Spark Ignition Engine based Vehicle (2019-2028) (US $MN)
Table 23 Global Automotive Differential Market Outlook, By Compression Ignition Engine based Vehicle (2019-2028) (US $MN)
Table 24 Global Automotive Differential Market Outlook, By Hybrid Vehicle (2019-2028) (US $MN)
Table 25 Global Automotive Differential Market Outlook, By Plug In Hybrid Electric Vehicle (PHEV) (2019-2028) (US $MN)
Table 26 Global Automotive Differential Market Outlook, By Hybrid Electric Vehicles (HEVS) (2019-2028) (US $MN)
Table 27 Global Automotive Differential Market Outlook, By Electric Vehicle (2019-2028) (US $MN)
Table 28 Global Automotive Differential Market Outlook, By Battery Electric Vehicle (2019-2028) (US $MN)
Table 29 Global Automotive Differential Market Outlook, By Fuel Cell Electric Vehicle (2019-2028) (US $MN)
Table 30 Global Automotive Differential Market Outlook, By Vehicle Type (2019-2028) (US $MN)
Table 31 Global Automotive Differential Market Outlook, By Passenger Car (PC) (2019-2028) (US $MN)
Table 32 Global Automotive Differential Market Outlook, By Commercial Vehicle (2019-2028) (US $MN)
Table 33 Global Automotive Differential Market Outlook, By Light Commercial Vehicle (LCV) (2019-2028) (US $MN)
Table 34 Global Automotive Differential Market Outlook, By Heavy Commercial Vehicle (HCV) (2019-2028) (US $MN)
Table 35 Global Automotive Differential Market Outlook, By Electric Vehicle (2019-2028) (US $MN)
Table 36 Global Automotive Differential Market Outlook, By Truck (2019-2028) (US $MN)
Table 37 Global Automotive Differential Market Outlook, By Bus (2019-2028) (US $MN)
Table 38 Global Automotive Differential Market Outlook, By Off Highway Vehicle (2019-2028) (US $MN)
Table 39 Global Automotive Differential Market Outlook, By Construction & Mining Equipment (2019-2028) (US $MN)
Table 40 Global Automotive Differential Market Outlook, By Agriculture Tractors (2019-2028) (US $MN)
Table 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.
Table 1 Global Automotive Differential Market Outlook, By Region (2019-2028) (US $MN)
Table 2 Global Automotive Differential Market Outlook, By Drive Type (2019-2028) (US $MN)
Table 3 Global Automotive Differential Market Outlook, By Front Wheel Drive (FWD) (2019-2028) (US $MN)
Table 4 Global Automotive Differential Market Outlook, By Rear Wheel Drive (RWD) (2019-2028) (US $MN)
Table 5 Global Automotive Differential Market Outlook, By All Wheel/Four-Wheel Drive (AWD/4WD) (2019-2028) (US $MN)
Table 6 Global Automotive Differential Market Outlook, By Differential Type (2019-2028) (US $MN)
Table 7 Global Automotive Differential Market Outlook, By Anti Slip Differential (2019-2028) (US $MN)
Table 8 Global Automotive Differential Market Outlook, By Double Worm Differential (2019-2028) (US $MN)
Table 9 Global Automotive Differential Market Outlook, By Electronic Limited Slip Differential (ELSD) (2019-2028) (US $MN)
Table 10 Global Automotive Differential Market Outlook, By Limited Slip Differential (LSD) (2019-2028) (US $MN)
Table 11 Global Automotive Differential Market Outlook, By Locking Differential (2019-2028) (US $MN)
Table 12 Global Automotive Differential Market Outlook, By Open Differential (2019-2028) (US $MN)
Table 13 Global Automotive Differential Market Outlook, By Torque Vectoring Differential (2019-2028) (US $MN)
Table 14 Global Automotive Differential Market Outlook, By Torsen Differential (2019-2028) (US $MN)
Table 15 Global Automotive Differential Market Outlook, By Component (2019-2028) (US $MN)
Table 16 Global Automotive Differential Market Outlook, By Differential Bearing (2019-2028) (US $MN)
Table 17 Global Automotive Differential Market Outlook, By Differential Case (2019-2028) (US $MN)
Table 18 Global Automotive Differential Market Outlook, By Differential Gear (2019-2028) (US $MN)
Table 19 Global Automotive Differential Market Outlook, By Differential Pin (2019-2028) (US $MN)
Table 20 Global Automotive Differential Market Outlook, By Propulsion Type (2019-2028) (US $MN)
Table 21 Global Automotive Differential Market Outlook, By Internal Combustion Engine (ICE) (2019-2028) (US $MN)
Table 22 Global Automotive Differential Market Outlook, By Spark Ignition Engine based Vehicle (2019-2028) (US $MN)
Table 23 Global Automotive Differential Market Outlook, By Compression Ignition Engine based Vehicle (2019-2028) (US $MN)
Table 24 Global Automotive Differential Market Outlook, By Hybrid Vehicle (2019-2028) (US $MN)
Table 25 Global Automotive Differential Market Outlook, By Plug In Hybrid Electric Vehicle (PHEV) (2019-2028) (US $MN)
Table 26 Global Automotive Differential Market Outlook, By Hybrid Electric Vehicles (HEVS) (2019-2028) (US $MN)
Table 27 Global Automotive Differential Market Outlook, By Electric Vehicle (2019-2028) (US $MN)
Table 28 Global Automotive Differential Market Outlook, By Battery Electric Vehicle (2019-2028) (US $MN)
Table 29 Global Automotive Differential Market Outlook, By Fuel Cell Electric Vehicle (2019-2028) (US $MN)
Table 30 Global Automotive Differential Market Outlook, By Vehicle Type (2019-2028) (US $MN)
Table 31 Global Automotive Differential Market Outlook, By Passenger Car (PC) (2019-2028) (US $MN)
Table 32 Global Automotive Differential Market Outlook, By Commercial Vehicle (2019-2028) (US $MN)
Table 33 Global Automotive Differential Market Outlook, By Light Commercial Vehicle (LCV) (2019-2028) (US $MN)
Table 34 Global Automotive Differential Market Outlook, By Heavy Commercial Vehicle (HCV) (2019-2028) (US $MN)
Table 35 Global Automotive Differential Market Outlook, By Electric Vehicle (2019-2028) (US $MN)
Table 36 Global Automotive Differential Market Outlook, By Truck (2019-2028) (US $MN)
Table 37 Global Automotive Differential Market Outlook, By Bus (2019-2028) (US $MN)
Table 38 Global Automotive Differential Market Outlook, By Off Highway Vehicle (2019-2028) (US $MN)
Table 39 Global Automotive Differential Market Outlook, By Construction & Mining Equipment (2019-2028) (US $MN)
Table 40 Global Automotive Differential Market Outlook, By Agriculture Tractors (2019-2028) (US $MN)
Table 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.
