Market Overview:
The global light vehicle limited slip differential (LSD) market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to register a CAGR of 5.5% over the forecast period (2018-2030), according to a new study by Transparency Market Research (TMR). In terms of volume, the global light vehicle LSD market is expected to reach 1,711 thousand units by 2030. The growth of the global light vehicle LSD market can be attributed to increasing demand for all wheel drive vehicles and rising awareness about safety features among consumers. The increasing popularity of off-road driving activities has also led to an increase in demand for LSDs from aftermarket segment. However, high cost associated with electronic LSDs may restrain the growth of this market during the forecast period. In terms of type, mechanical LSDS held a dominant share in 2017 and are expected to continue its dominance during the forecast period as well on account of their low cost as compared to electronic LSDSs . However, electronic LSDS are anticipated witness higher growth rate over the forecast period owing their superior performance characteristics as compared mechanical LSDS . By application , OEMs segment accounted for majority share in 2017 and is projected witness highest CAGR over 2018-2030 due rising demand for all wheel drive vehicles across globe .
Product Definition:
A light vehicle limited slip differential is a type of differential that allows one drive wheel to spin faster than the other when it encounters resistance, such as from a slippery surface. This helps the vehicle maintain traction and avoid slipping. Limited slip differentials are often used in vehicles that perform stunts or racing, as they can provide more power and better handling.
Mechanical LSD:
Mechanical Limited Slip Differential (LSD) is a type of drivetrain configuration that uses differential gears to transmit torque from the engine to the wheel. Lateral movement in one gear provides traction while forward movement in another gear helps power the vehicle. The LSD setup allows for more control over acceleration and deceleration, which makes driving easier by reducing stress on the driver as well as fuel consumption.
Electronic LSD:
The electronic LSD (light vehicle limited slip differential) market is expected to witness significant growth over the forecast period. The increasing demand for automobiles and rising awareness about the functioning of limited slip differentials are some of the factors that are driving this market. Also, technological advancements in electronics such as Bluetooth and GPS have led to an increase in demand for automotive safety devices which include electronic limited slip differentials.
Application Insights:
OEMs held the largest market share of over 70% in 2017. The use of limited slip differential as a standard fitment by the OEMs is intended to enhance the performance and reliability of their vehicles. In addition, most OEM suppliers provide an aftermarket service for these products, which enables customers to keep using them even if there are any repairs carried out on differentials.
The application segment includes original equipment manufacturers (OEMs) and aftermarket providers. The OEMs include Mercedes-Benz, BMW AG, Ford Motor Company among others while other companies providing limited slip differentials include TractionLife Ltd., Haldex Limited among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for light commercial vehicles in countries, such as China and India. Furthermore, rising disposable income levels in these countries will boost the sales of premium cars, which will subsequently increase adoption rates of limited slip differentials over the forecast period.
Europe was estimated at USD X billion in 2017 and is projected to grow at a significant rate over the forecast period due to stringent government regulations regarding vehicle emissions and safety standards that have compelled manufacturers operating within this region adhere strictly to engine lubricant formulation practices that are likely contribute toward increased utilization of LSDs across this region.
Growth Factors:
- Increasing demand for luxury and performance cars
- Growing automotive sector in developing countries
- Rising popularity of off-road driving and motorsports
- Advances in technology that improve the performance of limited slip differentials
- Increased focus on fuel efficiency and emissions reduction
Scope Of The Report
Report Attributes
Report Details
Report Title
Light Vehicle Limited Slip Differential Market Research Report
By Type
Mechanical LSD, Electronic LSD, 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
150
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Light Vehicle Limited Slip Differential Market Report Segments:
The global Light Vehicle Limited Slip Differential market is segmented on the basis of:
Types
Mechanical LSD, Electronic LSD, 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 Light Vehicle Limited Slip 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:
- Mechanical LSD
- Electronic LSD
- 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 Light Vehicle Limited Slip 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.
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- 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?
A light vehicle limited slip differential (L LSD) is a type of differential that allows a vehicle to travel along different surfaces with more stability and control. L LSDs are often used on sports cars, luxury sedans, and other high-performance vehicles because they offer better handling characteristics than standard drivetrain components.
Some of the major companies in the light vehicle limited slip differential market are GKN, JTEKT, Eaton, BorgWarner, Magna, DANA, AAM, KAAZ, CUSCO, Quaife, TANHAS.
The light vehicle limited slip 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 Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Light Vehicle Limited Slip 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 Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size & Forecast, 2018-2028 4.5.1 Light Vehicle Limited Slip Differential Market Size and Y-o-Y Growth 4.5.2 Light Vehicle Limited Slip Differential Market Absolute $ Opportunity
Chapter 5 Global Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size Forecast by Type
5.2.1 Mechanical LSD
5.2.2 Electronic LSD
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Light Vehicle Limited Slip 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 Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Analysis and Forecast
9.1 Introduction
9.2 North America Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size Forecast by Type
9.6.1 Mechanical LSD
9.6.2 Electronic LSD
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 Light Vehicle Limited Slip Differential 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 Light Vehicle Limited Slip Differential Analysis and Forecast
10.1 Introduction
10.2 Europe Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size Forecast by Type
10.6.1 Mechanical LSD
10.6.2 Electronic LSD
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 Light Vehicle Limited Slip Differential 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 Light Vehicle Limited Slip Differential Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size Forecast by Type
11.6.1 Mechanical LSD
11.6.2 Electronic LSD
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 Light Vehicle Limited Slip Differential 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 Light Vehicle Limited Slip Differential Analysis and Forecast
12.1 Introduction
12.2 Latin America Light Vehicle Limited Slip 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 Light Vehicle Limited Slip Differential Market Size Forecast by Type
12.6.1 Mechanical LSD
12.6.2 Electronic LSD
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 Light Vehicle Limited Slip Differential 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) Light Vehicle Limited Slip Differential Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Light Vehicle Limited Slip 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) Light Vehicle Limited Slip Differential Market Size Forecast by Type
13.6.1 Mechanical LSD
13.6.2 Electronic LSD
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) Light Vehicle Limited Slip Differential 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 Light Vehicle Limited Slip Differential Market: Competitive Dashboard
14.2 Global Light Vehicle Limited Slip 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