Market Overview:
The global automotive differential gears market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. In addition, rising awareness about safety features in vehicles is also propelling the growth of this market. The global automotive differential gears market can be segmented on the basis of type into hypoid differential gears and spiral differential gears. Hypoid differential gears are more commonly used as they offer better performance than spiral differentials Gears. On the basis of application, this market can be segmented into OEM and aftermarket segments. The OEM segment is expected to account for a larger share of this market during the forecast period owing to rising demand for passenger cars and commercial vehicles across regions such as North America, Latin America, Europe, Asia Pacific and Middle East & Africa (MEA).
Product Definition:
A differential is a gear train that allows two or more shafts to rotate at different speeds while transmitting power from one shaft to another. Automotive differentials are used on all types of vehicles, including cars, trucks, and trains. The gears in the differential allow the wheels on opposite sides of the vehicle to rotate at different speeds, which is essential for turning corners. without a differential, the car would only be able to go in a straight line.
Hypoid Differential Gears:
Hypoid differential gears are used in transmission systems of automobiles. The prime function of these gears is to provide high torque at low speed and low speed respectively. These differential gears find their application in vehicles that have 4WD or AWD drivetrains, where the power required for each wheel differs and the gear ratio needs to be altered accordingly.
Spiral Differential Gears:
Differential gears are used in transmission systems of vehicles to allow the wheels to rotate at different speeds. The speed difference between the wheel is converted into torque which helps in driving the vehicle. Differential gears are used as a ratio 1:1, 2:1, 3:2, and 4:3.
Differential gears have three components namely input gear (driven), output gear (driven), and sun gear (driving).
Application Insights:
OEMs generate higher revenues as they control the entire supply chain and offer customized products. The OEMs primarily source raw materials from the original equipment manufacturers (OEMs) which are high cost producers. These companies have developed a strong presence in China, Japan, Germany, U.S., South Korea and Russia owing to their efficient production capabilities coupled with low prices.
The aftermarket segment is expected to expand at a CAGR of XX% over the forecast period as consumers prefer purchasing used vehicles instead of buying new ones due to increasing costs associated with vehicle ownership such as insurance premium payments, fuel costs etc.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing vehicle production in countries, such as China and India. In 2017, Asia Pacific accounted for a share of nearly 45% of global automotive production. Moreover, rising disposable income levels in these countries are anticipated to fuel demand for automobiles during the forecast period.
The European region dominated the overall market with a revenue share of more than 25% in 2017 owing to stringent government regulations regarding carbon emissions from vehicles coupled with high consumer preference towards efficient and sustainable cars is projected to drive demand for differentials gears over the next eight years. However, North America region is also likely have significant growth opportunities due its strong presence of major players operating across all major business units including manufacturing facilities; sales offices; aftermarket service centers etc.
Growth Factors:
- Increasing demand for passenger cars and commercial vehicles
- Growing automotive industry in developing countries
- Rising demand for fuel-efficient and advanced technology vehicles
- Proliferation of automatic transmission systems in automobiles
- Increasing trend of vehicle electrification
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Differential Gears Market Research Report
By Type
Hypoid Differential Gears, Spiral Differential Gears
By Application
OEM, Aftermarket
By Companies
Eaton, Linamar, NSK, Bharat Gears, Neapco, ONDO SHINSHO Precision Technology Corporation, American Axel & Manufacturing, Mitsubishi, Dana, Eaton
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
218
Number of Tables & Figures
153
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Differential Gears Market Report Segments:
The global Automotive Differential Gears market is segmented on the basis of:
Types
Hypoid Differential Gears, Spiral Differential Gears
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
OEM, Aftermarket
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:
- Eaton
- Linamar
- NSK
- Bharat Gears
- Neapco
- ONDO SHINSHO Precision Technology Corporation
- American Axel & Manufacturing
- Mitsubishi
- Dana
- Eaton
Highlights of The Automotive Differential Gears 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:
- Hypoid Differential Gears
- Spiral Differential Gears
- By Application:
- OEM
- Aftermarket
- 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 Automotive Differential Gears 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Automotive differential gears are used in vehicles to allow the vehicle to move in different directions. The gears work together to allow the car to turn left or right, or go forward or backward.
Some of the key players operating in the automotive differential gears market are Eaton, Linamar, NSK, Bharat Gears, Neapco, ONDO SHINSHO Precision Technology Corporation, American Axel & Manufacturing, Mitsubishi, Dana, Eaton.
The automotive differential gears 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 Automotive Differential Gears 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 Automotive Differential Gears Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Differential Gears 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 Automotive Differential Gears 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 Automotive Differential Gears Market Size & Forecast, 2020-2028
4.5.1 Automotive Differential Gears Market Size and Y-o-Y Growth
4.5.2 Automotive Differential Gears 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 Hypoid Differential Gears
5.2.2 Spiral Differential Gears
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 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Differential Gears 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 Automotive Differential Gears 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 Hypoid Differential Gears
9.6.2 Spiral Differential Gears
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 OEM
9.10.2 Aftermarket
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 Hypoid Differential Gears
10.6.2 Spiral Differential Gears
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 OEM
10.10.2 Aftermarket
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 Hypoid Differential Gears
11.6.2 Spiral Differential Gears
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 OEM
11.10.2 Aftermarket
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 Hypoid Differential Gears
12.6.2 Spiral Differential Gears
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 OEM
12.10.2 Aftermarket
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 Hypoid Differential Gears
13.6.2 Spiral Differential Gears
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 OEM
13.10.2 Aftermarket
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 Automotive Differential Gears Market: Competitive Dashboard
14.2 Global Automotive Differential Gears Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eaton
14.3.2 Linamar
14.3.3 NSK
14.3.4 Bharat Gears
14.3.5 Neapco
14.3.6 ONDO SHINSHO Precision Technology Corporation
14.3.7 American Axel & Manufacturing
14.3.8 Mitsubishi
14.3.9 Dana
14.3.10 Eaton
