Market Overview:
The global automobile differential market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. In terms of type, the anti slip differential segment is expected to hold a major share in the global automobile differential market during the forecast period. This can be attributed to its ability to improve vehicle traction and handling on slippery surfaces. In terms of application, commercial vehicles are expected to hold a major share in the global automobile differential market during the forecast period.
Product Definition:
An automobile differential is a gearbox or transaxle located at the rear axle of a vehicle that splits the torque from the engine equally to each wheel, allowing them to turn at different speeds. The differential is important because it allows each wheel on a vehicle to rotate at its own speed, which is necessary when turning or going around curves.
Anti Slip Differential:
Anti slip differential is a type of drive train configuration used in automobiles. It helps to eliminate the movement of tires when driven at high speeds, thus providing better traction between the road and driving wheel. Anti-slip differentials are usually incorporated into vehicles that are intended for racing or performance purposes as they provide greater traction during braking and cornering.
Double Worm Differential:
Double Worm Differential is a type of drive train configuration that uses two sets of gears to achieve higher gear ratio. In doubleworm differential, both the driveshafts are connected to the same transmission and final drive. The main advantage offered by this system is that it allows easy gear changing while driving without any interruption in engine speed or torque delivery.
Application Insights:
The commercial vehicles segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The growth is attributed to extensive usage in long-distance transports across various regions, including Europe, North America and Asia Pacific. Moreover, increasing demand for trucks on account of rising construction activities is expected to drive the segment over the forecast period.
Passenger vehicle differentials are designed considering performance as well as safety aspects while manufacturing a passenger car or a light truck vehicle. Manufacturers focus on providing high quality products with features such as grip enhancement along with enhanced control capabilities during acceleration and deceleration processes by using advanced technologies such as electronic stability controls and anti-lock brake systems (ABS). These technological advancements have increased sales of passenger cars over recent years which has positively influenced overall market growth over the forecast period.
Regional Analysis:
Asia Pacific is expected to be the largest and fastest-growing regional market over the forecast period. The region accounted for a share of more than 30% in 2017 owing to high demand from developing countries such as India, China, and Japan. In addition, increasing per capita income levels coupled with rising consumer disposable income will drive the automotive industry in these economies which will further boost product demand.
The North American market was valued at USD X billion in 2017 and is projected to witness significant growth over the forecast period on account of growing sales of premium cars with superior performance characteristics including improved handling ability and reduced wear & tear on tires caused by heavy driving conditions. Moreover, stringent government regulations regarding fuel emissions are likely to play a key role in promoting adoption of differentials with enhanced efficiency rating among OEMs manufacturing medium & heavy commercial vehicles across this region.
Growth Factors:
- Increasing demand for automobiles: The global automobile market is expected to grow at a CAGR of around 4% during the forecast period. This growth can be attributed to the increasing demand for automobiles from emerging economies, such as China and India.
- Technological advancements: The automotive differential market is witnessing rapid technological advancements, owing to which the adoption of these products is increasing across all vehicle segments.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the globe in an effort to reduce environmental pollution levels. This is resulting in an increase in demand for fuel-efficient and low-emission vehicles, which use automotive differentials with improved performance characteristics.
- Growing popularity of SUVs and luxury cars: The popularity of SUVs and luxury cars is growing rapidly across the globe, owing to their superior performance and features compared with other vehicle segments. Automotive differentials are essential components in these types of vehicles, thus driving their growth prospects globally.. 5) Rising disposable income levels: Rising disposable income levels are leading to an increase in consumer spending on discretionary items such as automobiles..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Differential Market Research Report
By Type
Anti Slip Differential, Double Worm Differential, Other
By Application
Commercial Vehicles, Passenger Vehicles
By Companies
Delphi, GKN, ZF TRW, Changchun Liberation, Eaton, DANA, Gleason, ArvinMeritor, NTN, Jiang Xijin Ling Differential Manufacturing, Delphi, Taizhou Yu Jie Machinery, Hangzhou Fu Auto Parts, Nantong Kayuen Machinery Manufacturing, Hebei Huayang Auto Parts
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Differential Market Report Segments:
The global Automobile Differential market is segmented on the basis of:
Types
Anti Slip Differential, Double Worm Differential, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Vehicles, Passenger Vehicles
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Delphi
- GKN
- ZF TRW
- Changchun Liberation
- Eaton
- DANA
- Gleason
- ArvinMeritor
- NTN
- Jiang Xijin Ling Differential Manufacturing
- Delphi
- Taizhou Yu Jie Machinery
- Hangzhou Fu Auto Parts
- Nantong Kayuen Machinery Manufacturing
- Hebei Huayang Auto Parts
Highlights of The Automobile Differential Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Anti Slip Differential
- Double Worm Differential
- Other
- By Application:
- Commercial Vehicles
- Passenger Vehicles
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automobile Differential Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
The automobile differential is a type of gearbox that allows the vehicle to move in two directions, or "differentials." The differential allows the engine and transmission to rotate at different speeds, which helps the car move forward or backward.
Some of the key players operating in the automobile differential market are Delphi, GKN, ZF TRW, Changchun Liberation, Eaton, DANA, Gleason, ArvinMeritor, NTN, Jiang Xijin Ling Differential Manufacturing, Delphi, Taizhou Yu Jie Machinery, Hangzhou Fu Auto Parts, Nantong Kayuen Machinery Manufacturing, Hebei Huayang Auto Parts.
The automobile differential market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automobile Differential Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automobile Differential Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile Differential Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automobile Differential Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automobile Differential Market Size & Forecast, 2020-2028
4.5.1 Automobile Differential Market Size and Y-o-Y Growth
4.5.2 Automobile Differential Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Anti Slip Differential
5.2.2 Double Worm Differential
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Passenger Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile Differential Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automobile Differential Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Anti Slip Differential
9.6.2 Double Worm Differential
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Passenger Vehicles
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Anti Slip Differential
10.6.2 Double Worm Differential
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Passenger Vehicles
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Anti Slip Differential
11.6.2 Double Worm Differential
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Passenger Vehicles
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Anti Slip Differential
12.6.2 Double Worm Differential
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Passenger Vehicles
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Anti Slip Differential
13.6.2 Double Worm Differential
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Passenger Vehicles
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automobile Differential Market: Competitive Dashboard
14.2 Global Automobile Differential Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Delphi
14.3.2 GKN
14.3.3 ZF TRW
14.3.4 Changchun Liberation
14.3.5 Eaton
14.3.6 DANA
14.3.7 Gleason
14.3.8 ArvinMeritor
14.3.9 NTN
14.3.10 Jiang Xijin Ling Differential Manufacturing
14.3.11 Delphi
14.3.12 Taizhou Yu Jie Machinery
14.3.13 Hangzhou Fu Auto Parts
14.3.14 Nantong Kayuen Machinery Manufacturing
14.3.15 Hebei Huayang Auto Parts
