Market Overview:
The global commercial automotive differential market is estimated to be valued at USD XX million in 2018 and is projected to reach USD XX million by 2030, at a CAGR of XX% during the forecast period. The growth of the market can be attributed to the increasing demand for commercial vehicles across the globe. The global commercial automotive differential market is segmented on the basis of type, application, and region. On the basis of type, it is divided into front axle differentials, rear axle differentials, and other types. The front axle differential segment accounted for a major share of the global commercial automotive differential market in 2017 and is projected to grow at a high CAGR during 2018-2030 owing to rising demand for light trucks and SUVs across regions. By application, it is classified into OEMs and aftermarket segments. The OEMs segment dominated the global commercial automotive differential market in 2017 due to increased production volumes of light trucks & SUVs globally.
Product Definition:
A commercial automotive differential is a device that transfers power from the engine to the wheels of a vehicle. It is important because it allows the wheels to rotate at different speeds, which is necessary for turning and maneuvering.
Front:
The front is the differential that is used in the drive train of vehicles. It's main function is to distribute torque from engine to wheel and vice versa. The front differentials are classified into open and closed Differential.
Rear:
Rear is used in commercial automotive differential market to provide traction between the wheel and the vehicle. It’s a gear that helps in ratio changing for better driving experience. Differential is used to distribute torque from front wheels of car to all four wheels equally so that it can drive safely and smoothly without any slip or loss of control over vehicle dynamics.
Application Insights:
OEMs held the largest market share of over 70% in 2017. The differential is used to provide grip and stability to the vehicle¢â‚¬â„¢s wheels during turns, acceleration, deceleration and braking. Differential gear ratio helps improve handling characteristics of a car by providing more torque at lower speeds than would be possible with a single locker or friction lock system.
The aftermarket segment is expected to expand at the fastest CAGR of XX% from 2018 to 2030 owing to increasing demand for re-gear boxes on account of repair or replacement due largely, but not exclusively, to increased use in off-road conditions such as mud & sand or snow covered roads where standard lockers would not be suitable for vehicles equipped with them such as 4WD utes and SUV¢â‚¬â„¢s etcetera which are primarily driven by demand from North America followed by Europe.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing automobile production in countries, such as China and India. In 2017, Asia Pacific accounted for a share of nearly 50% of total automotive production worldwide. Furthermore, favorable government policies aimed at promoting new investments are also anticipated to contribute toward regional growth during the forecast period.
Europe is projected to remain one of the major markets for commercial automotive differentials owing to high demand from OEMs and aftermarket players in this region. North America is also likely to have a significant impact on global market development due to presence of prominent participants operating in this region along with high vehicle sales volume every year; however, slow growth rate observed in U.S.
Growth Factors:
- Increasing demand for commercial vehicles: The global demand for commercial vehicles is expected to grow at a CAGR of more than 5% during the forecast period. This will create opportunities for the differential market players.
- Technological advancements: Differential manufacturers are focusing on developing new technologies that can improve the performance and efficiency of their products. This is likely to boost the growth of the differential market in coming years.
- Rising trend of vehicle electrification: The increasing trend of electric and hybrid vehicles is expected to drive the growth of the differential market in near future as these vehicles require differentials with enhanced performance characteristics such as better torque handling, heat dissipation, and noise reduction abilities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Commercial Automotive Differential Market Research Report
By Type
Front, Rear, Other
By Application
OEMs, Aftermarket
By Companies
GKN, JTEKT, Eaton, BorgWarner, Magna, DANA, AAM, KAAZ, CUSCO, Quaife, TANHAS
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
133
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Commercial Automotive Differential Market Report Segments:
The global Commercial Automotive Differential market is segmented on the basis of:
Types
Front, Rear, 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
OEMs, 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:
- GKN
- JTEKT
- Eaton
- BorgWarner
- Magna
- DANA
- AAM
- KAAZ
- CUSCO
- Quaife
- TANHAS
Highlights of The Commercial Automotive 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
- Rear
- Other
- By Application:
- OEMs
- 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 Commercial Automotive 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?
A differential is a device that allows two or more vehicles to move independently and smoothly through a variety of conditions, including curves and uneven surfaces. It's also used in heavy equipment, such as trucks and buses.
Some of the major players in the commercial automotive differential market are GKN, JTEKT, Eaton, BorgWarner, Magna, DANA, AAM, KAAZ, CUSCO, Quaife, TANHAS.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Commercial Automotive 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 Commercial Automotive Differential Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Commercial Automotive 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 Commercial Automotive 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 Commercial Automotive Differential Market Size & Forecast, 2020-2028
4.5.1 Commercial Automotive Differential Market Size and Y-o-Y Growth
4.5.2 Commercial Automotive 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 Front
5.2.2 Rear
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 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Commercial Automotive 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 Commercial Automotive 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 Front
9.6.2 Rear
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 OEMs
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 Front
10.6.2 Rear
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 OEMs
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 Front
11.6.2 Rear
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 OEMs
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 Front
12.6.2 Rear
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 OEMs
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 Front
13.6.2 Rear
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 OEMs
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 Commercial Automotive Differential Market: Competitive Dashboard
14.2 Global Commercial Automotive Differential Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GKN
14.3.2 JTEKT
14.3.3 Eaton
14.3.4 BorgWarner
14.3.5 Magna
14.3.6 DANA
14.3.7 AAM
14.3.8 KAAZ
14.3.9 CUSCO
14.3.10 Quaife
14.3.11 TANHAS
