Market Overview:
Differential market is segmented on the basis of type, application and region. The gear differential segment is expected to hold the largest share in the global differential market during the forecast period. This can be attributed to its ability to transmit power from one axle to another without any loss and its durability. The anti-slip differential segment is projected to grow at a higher CAGR during the forecast period owing to its ability to improve traction and handling in slippery conditions. The automotive application segment is expected to dominate the global differential market during 2018-2030. This can be attributed rising demand for passenger cars and commercial vehicles across different regions worldwide.
Product Definition:
A differential is a gear-driven device that splits the power from an engine equally between the two drive wheels of a vehicle. The differential is important because it allows each wheel to rotate at its own speed, providing better traction and handling on slippery surfaces.
Gear Differential:
Differential is a device that helps to transfer torque from one shaft to another. It’s basically used in vehicles where the drive wheels of the vehicle are connected to differentials. Differential consists of at least two parts, namely housing and pinion or gears. The main function of differential is to provide smooth transmission of power from one end of the vehicle to other without causing any speed fluctuations or loss in power as compared with if drives were connected directly.
Anti-slip Differential:
Anti-slip differential is a device that helps in preventing vehicle from sliding on wet roads. It works by creating small bumps or raised areas on the surface of the road, which reduces friction between tires and the road. Anti-slip differentials are used in both passenger cars and light trucks to help prevent loss of traction while driving at high speeds.
The global anti-slip differential market size was valued at USD 1,Billion in 2015.
Application Insights:
The mechanical application segment dominated the global market in terms of revenue share in 2017. The growth can be attributed to the increasing production of commercial vehicles, especially in China and India. In addition, a rise in demand for heavy-duty trucks is expected to drive the segment over the forecast period.
The anti-slip differential is widely used for traction purposes between two surfaces with different grip characteristics such as ice and snow or dry ground and mud. These are mainly used on rear axle of trucks where high traction is required between road wheels and trackhoe units owing to its benefits including increased maneuverability on loose surfaces at reduced cost compared to other types of gearing systems available in the market today.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue in 2017. The region is expected to continue its dominance over the forecast period owing to high demand for differentials from China and India. In addition, increasing automotive production and sales are projected to drive product demand over the forecast period.
Europe accounted for a significant share of global market revenue in 2017 due to growing automotive industry coupled with technological advancements pertaining gearboxes and other components manufacturing. Moreover, presence of major players such as ZF Friedrichshafen AG & Co., Porsche SE, Robert Bosch GmbH is also expected to boost regional growth over the next eight years.
The North American regional market was valued at USD X million in 2017 owing to high vehicle sales coupled with increased emphasis on safety features by manufacturers resulting into higher adoption rate across all types of vehicles including passenger cars as well as heavy trucks & buses thus generating greater demand for various differentials including limited slip Differential (LSD).
Growth Factors:
- Increasing demand for differential products in the automotive industry.
- Growing popularity of luxury cars and SUVs that require differentials for optimum performance.
- Increased research and development spending by automakers to develop new technologies for differential products.
- Rising demand from emerging markets such as China and India for high-quality differential products.
- Proliferation of online retail channels that offer a wider selection of differential products at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Differential Market Research Report
By Type
Gear Differential, Anti-slip Differential, Double Worm Differential
By Application
Mechanical, Car
By Companies
Sdp Si, Harmonic Drive, Imac Systems, Hrparts, Currie Enterprises, Southern Gear, Gear Suppliers, Euclid Universal, Emp Electronic Machine Parts, Dutchman Axles, Eaton, Borg Warner, Showa Corporation
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
224
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Differential Market Report Segments:
The global Differential market is segmented on the basis of:
Types
Gear Differential, Anti-slip Differential, Double Worm Differential
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
Mechanical, Car
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:
- Sdp Si
- Harmonic Drive
- Imac Systems
- Hrparts
- Currie Enterprises
- Southern Gear
- Gear Suppliers
- Euclid Universal
- Emp Electronic Machine Parts
- Dutchman Axles
- Eaton
- Borg Warner
- Showa Corporation
Highlights of The 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:
- Gear Differential
- Anti-slip Differential
- Double Worm Differential
- By Application:
- Mechanical
- Car
- 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 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?
Differential is a mathematical term that refers to the difference between two quantities.
Some of the key players operating in the differential market are Sdp Si, Harmonic Drive, Imac Systems, Hrparts, Currie Enterprises, Southern Gear, Gear Suppliers, Euclid Universal, Emp Electronic Machine Parts, Dutchman Axles, Eaton, Borg Warner, Showa Corporation.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 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 Differential Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Differential Market Size & Forecast, 2018-2028
4.5.1 Differential Market Size and Y-o-Y Growth
4.5.2 Differential Market Absolute $ Opportunity
Chapter 5 Global 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 Differential Market Size Forecast by Type
5.2.1 Gear Differential
5.2.2 Anti-slip Differential
5.2.3 Double Worm Differential
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Differential Market Size Forecast by Applications
6.2.1 Mechanical
6.2.2 Car
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global 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 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 Differential Analysis and Forecast
9.1 Introduction
9.2 North America 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 Differential Market Size Forecast by Type
9.6.1 Gear Differential
9.6.2 Anti-slip Differential
9.6.3 Double Worm Differential
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 Differential Market Size Forecast by Applications
9.10.1 Mechanical
9.10.2 Car
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 Differential Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Differential Market Size Forecast by Type
10.6.1 Gear Differential
10.6.2 Anti-slip Differential
10.6.3 Double Worm Differential
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 Differential Market Size Forecast by Applications
10.10.1 Mechanical
10.10.2 Car
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 Differential Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Differential Market Size Forecast by Type
11.6.1 Gear Differential
11.6.2 Anti-slip Differential
11.6.3 Double Worm Differential
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 Differential Market Size Forecast by Applications
11.10.1 Mechanical
11.10.2 Car
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 Differential Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Differential Market Size Forecast by Type
12.6.1 Gear Differential
12.6.2 Anti-slip Differential
12.6.3 Double Worm Differential
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 Differential Market Size Forecast by Applications
12.10.1 Mechanical
12.10.2 Car
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) Differential Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Differential Market Size Forecast by Type
13.6.1 Gear Differential
13.6.2 Anti-slip Differential
13.6.3 Double Worm Differential
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) Differential Market Size Forecast by Applications
13.10.1 Mechanical
13.10.2 Car
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 Differential Market: Competitive Dashboard
14.2 Global Differential Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sdp Si
14.3.2 Harmonic Drive
14.3.3 Imac Systems
14.3.4 Hrparts
14.3.5 Currie Enterprises
14.3.6 Southern Gear
14.3.7 Gear Suppliers
14.3.8 Euclid Universal
14.3.9 Emp Electronic Machine Parts
14.3.10 Dutchman Axles
14.3.11 Eaton
14.3.12 Borg Warner
14.3.13 Showa Corporation
