Market Overview:
The global automotive ELSD differential market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to reach US$ 5,711.5 Mn by 2030, registering a CAGR of 10.9% from 2018 to 2030. The market growth can be attributed to the increasing demand for all-wheel drive (AWD) and four wheel drive (4WD) vehicles across the globe. In terms of type, the global automotive ELSD differential market has been segmented into front wheel drive (FWD), rear wheel drive (RWD), and all-wheel/four wheel drive (AWD/4WD). The FWD segment is expected to account for a major share of the global automotive ELSD differential market during the forecast period owing to its high adoption in passenger cars across regions. In terms of application, the global automotive ELSD differential market has been segmented into battery electric vehicles (BEVs), fuel cell electric vehicles FCEVs), plug-in hybrid electric vehicles PHEVs), and hybrid electric vehicles HEVs).
Product Definition:
An automotive electronic limited slip differential (ELSD) is a type of differential that uses electronics to limit the slip between the drive wheels, improving traction.
An ELSD typically monitors wheel speed, throttle position, steering angle and yaw rate to determine when slip is occurring. When it detects slip, it sends a signal to an electric motor that applies torque to one or both of the drive wheels in order to limit the slippage.
The advantage of an ELSD over a traditional mechanical LSD is that it can react more quickly and accurately, allowing for better traction in slippery conditions.
Front Wheel Drive(FWD):
The front wheel drive is a type of drivetrain configuration in which the driving force is applied to the road surface by means of two or more wheels at once. The system uses engine power to assist vehicle steering, thereby making it easier to steer and allowing greater control over the vehicle. In addition, it helps in providing better traction during acceleration.
Rear Wheel Drive (RWD):
Rear wheel drive (RWD) differential is a type of gear ratio that allows the rear wheels of an automobile to be driven by different power sources. The RWD system has two main components, namely, rear differential and drivetrain. Rear wheel drive can be categorized into three types including full-time, part-time and sequential drives.
Application Insights:
Battery electric vehicles accounted for the largest share of over 30.0% in 2017 owing to their high range and superior energy density. The advent of e-bikes has revolutionized the bicycle market, wherein manufacturers are able to reduce vehicle size by as much as 70%, thereby lowering overall cost per unit volume and increasing margins. This trend is expected to continue with automotive applications, thereby driving demand over the forecast period.
The fuel cell electric vehicle segment is projected to witness significant growth during the forecast period owing to advantages such as no pollution, zero emissions and refueling at ambient temperature - hydrogen gas station being available at any location with sufficient fueling infrastructure development worldwide would help propel adoption in future years.
Regional Analysis:
The Asia Pacific region accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to increasing FDI investments by various companies, such as BMW Group, Ford Motor Company, and Volkswagen Group. These investments are aimed at manufacturing cost reduction along with product enhancement. Moreover, favorable government regulations regarding ELSD development are also anticipated to drive the market in this region over the forecast period.
Europe accounted for a significant revenue share in 2017 owing to early adoption of electric vehicles coupled with stringent emission norms set by governments across Europe and North America regions respectively. However, slow sales pace of these vehicles may hinder their demand during the forecast period which would result into lower market penetration rates compared to other regions mentioned above; however this scenario is not likely considering current trends across major markets worldwide including China and U.S.
Growth Factors:
- Increasing demand for fuel-efficient and advanced technology vehicles
- Rising disposable income of consumers in developing countries
- Stringent emission norms by regulatory authorities across the globe
- Proliferation of electric and hybrid vehicles
- Growing popularity of 4x4 SUVs and luxury cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive ELSD Differential Market Research Report
By Type
Front Wheel Drive(FWD), Rear Wheel Drive (RWD), All-wheel drive (AWD)/Four Wheel Drive (4WD)
By Application
Battery Electric Vehicles, Fuel Cell Electric Vehicles, Plug-In Hybrid Electric vehicles, Hybrid Electric Vehicles
By Companies
Dana Incorporated, American Axle & Manufacturing, BorgWarner Inc., Continental AG, GKN plc, Johnson Electric, Eaton Corp. Plc, Hyundai Wia Corporation, JTEKT Corporation, Linamar Corporation, PowerTrax, Mitsubishi Group, Showa Corporation, Metaldyne Performance Group Inc., Melrose Industries PLC, Schaeffler Group, ZF Friedrichshafen AG
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Automotive ELSD Differential Market Report Segments:
The global Automotive ELSD Differential market is segmented on the basis of:
Types
Front Wheel Drive(FWD), Rear Wheel Drive (RWD), All-wheel drive (AWD)/Four Wheel Drive (4WD)
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
Battery Electric Vehicles, Fuel Cell Electric Vehicles, Plug-In Hybrid Electric vehicles, Hybrid Electric 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:
- Dana Incorporated
- American Axle & Manufacturing
- BorgWarner Inc.
- Continental AG
- GKN plc
- Johnson Electric
- Eaton Corp. Plc
- Hyundai Wia Corporation
- JTEKT Corporation
- Linamar Corporation
- PowerTrax
- Mitsubishi Group
- Showa Corporation
- Metaldyne Performance Group Inc.
- Melrose Industries PLC
- Schaeffler Group
- ZF Friedrichshafen AG
Highlights of The Automotive ELSD 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:
- Front Wheel Drive(FWD)
- Rear Wheel Drive (RWD)
- All-wheel drive (AWD)/Four Wheel Drive (4WD)
- By Application:
- Battery Electric Vehicles
- Fuel Cell Electric Vehicles
- Plug-In Hybrid Electric vehicles
- Hybrid Electric 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 Automotive ELSD 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
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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?
An automotive ELSD differential is a type of differential that is used in automobiles. It allows the vehicle to move in two directions separately, allowing it to turn and change lanes.
Some of the major players in the automotive elsd differential market are Dana Incorporated, American Axle & Manufacturing, BorgWarner Inc., Continental AG, GKN plc, Johnson Electric, Eaton Corp. Plc, Hyundai Wia Corporation, JTEKT Corporation, Linamar Corporation, PowerTrax, Mitsubishi Group, Showa Corporation, Metaldyne Performance Group Inc., Melrose Industries PLC, Schaeffler Group, ZF Friedrichshafen AG.
The automotive elsd differential market is expected to grow at a compound annual growth rate of 10.9%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive ELSD 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 Automotive ELSD Differential Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive ELSD 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 Automotive ELSD 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 Automotive ELSD Differential Market Size & Forecast, 2018-2028
4.5.1 Automotive ELSD Differential Market Size and Y-o-Y Growth
4.5.2 Automotive ELSD Differential Market Absolute $ Opportunity
Chapter 5 Global Automotive ELSD Differential 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 Automotive ELSD Differential Market Size Forecast by Type
5.2.1 Front Wheel Drive(FWD)
5.2.2 Rear Wheel Drive (RWD)
5.2.3 All-wheel drive (AWD)/Four Wheel Drive (4WD)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive ELSD Differential 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 Automotive ELSD Differential Market Size Forecast by Applications
6.2.1 Battery Electric Vehicles
6.2.2 Fuel Cell Electric Vehicles
6.2.3 Plug-In Hybrid Electric vehicles
6.2.4 Hybrid Electric Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive ELSD 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 Automotive ELSD 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 Automotive ELSD Differential Analysis and Forecast
9.1 Introduction
9.2 North America Automotive ELSD Differential 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 Automotive ELSD Differential Market Size Forecast by Type
9.6.1 Front Wheel Drive(FWD)
9.6.2 Rear Wheel Drive (RWD)
9.6.3 All-wheel drive (AWD)/Four Wheel Drive (4WD)
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 Automotive ELSD Differential Market Size Forecast by Applications
9.10.1 Battery Electric Vehicles
9.10.2 Fuel Cell Electric Vehicles
9.10.3 Plug-In Hybrid Electric vehicles
9.10.4 Hybrid Electric 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 Automotive ELSD Differential Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive ELSD Differential 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 Automotive ELSD Differential Market Size Forecast by Type
10.6.1 Front Wheel Drive(FWD)
10.6.2 Rear Wheel Drive (RWD)
10.6.3 All-wheel drive (AWD)/Four Wheel Drive (4WD)
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 Automotive ELSD Differential Market Size Forecast by Applications
10.10.1 Battery Electric Vehicles
10.10.2 Fuel Cell Electric Vehicles
10.10.3 Plug-In Hybrid Electric vehicles
10.10.4 Hybrid Electric 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 Automotive ELSD Differential Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive ELSD Differential 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 Automotive ELSD Differential Market Size Forecast by Type
11.6.1 Front Wheel Drive(FWD)
11.6.2 Rear Wheel Drive (RWD)
11.6.3 All-wheel drive (AWD)/Four Wheel Drive (4WD)
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 Automotive ELSD Differential Market Size Forecast by Applications
11.10.1 Battery Electric Vehicles
11.10.2 Fuel Cell Electric Vehicles
11.10.3 Plug-In Hybrid Electric vehicles
11.10.4 Hybrid Electric 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 Automotive ELSD Differential Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive ELSD Differential 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 Automotive ELSD Differential Market Size Forecast by Type
12.6.1 Front Wheel Drive(FWD)
12.6.2 Rear Wheel Drive (RWD)
12.6.3 All-wheel drive (AWD)/Four Wheel Drive (4WD)
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 Automotive ELSD Differential Market Size Forecast by Applications
12.10.1 Battery Electric Vehicles
12.10.2 Fuel Cell Electric Vehicles
12.10.3 Plug-In Hybrid Electric vehicles
12.10.4 Hybrid Electric 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) Automotive ELSD Differential Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive ELSD Differential 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) Automotive ELSD Differential Market Size Forecast by Type
13.6.1 Front Wheel Drive(FWD)
13.6.2 Rear Wheel Drive (RWD)
13.6.3 All-wheel drive (AWD)/Four Wheel Drive (4WD)
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) Automotive ELSD Differential Market Size Forecast by Applications
13.10.1 Battery Electric Vehicles
13.10.2 Fuel Cell Electric Vehicles
13.10.3 Plug-In Hybrid Electric vehicles
13.10.4 Hybrid Electric 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 Automotive ELSD Differential Market: Competitive Dashboard
14.2 Global Automotive ELSD Differential Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Dana Incorporated
14.3.2 American Axle & Manufacturing
14.3.3 BorgWarner Inc.
14.3.4 Continental AG
14.3.5 GKN plc
14.3.6 Johnson Electric
14.3.7 Eaton Corp. Plc
14.3.8 Hyundai Wia Corporation
14.3.9 JTEKT Corporation
14.3.10 Linamar Corporation
14.3.11 PowerTrax
14.3.12 Mitsubishi Group
14.3.13 Showa Corporation
14.3.14 Metaldyne Performance Group Inc.
14.3.15 Melrose Industries PLC
14.3.16 Schaeffler Group
14.3.17 ZF Friedrichshafen AG
