Market Overview:
The global sedan differential market is estimated to be valued at USD 2.5 billion in 2018 and is projected to reach USD 4.1 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the global sedan differential market can be attributed to the increasing demand for passenger cars and SUVs across the globe. Additionally, the increasing demand for automatic transmission vehicles is also fueling the growth of this market. The front axle differential segment is estimated to account for the largest share of the global sedan differential market in 2018, owing to its high adoption in passenger cars and SUVs across regions.
Product Definition:
A differential is a device in a car that allows the drive wheels to rotate at different speeds. This is important because it allows the car to make turns without skidding. The differential also sends power to both drive wheels, which is important when one wheel is on a slippery surface.
Front:
The front is the part of the vehicle that faces forward when connected to a drivetrain. The main function of this component is to protect the driver and passengers from road debris, pedestrians, animals or other vehicles. It also helps in providing stability and safety while driving.
The global sedan differential market has witnessed significant growth over the past few years owing to increasing demand for high-performance cars with superior comfort.
Rear:
Rear Differential is a gear-driven system that helps to improve the traction between drive wheels and tires. It’s major application areas include off-road vehicles such as agricultural equipment, construction machinery, mining equipment and others.
The market for rear differential is expected to grow at a significant rate owing to increasing demand for 4WD vehicles in different end-use industries including construction & infrastructure, automotive OEMs (automotive parts), agriculture & farming among others.
Application Insights:
OEMs held the largest market share of over 90% in 2017. Differentials are used across various applications such as off-road, on-road and off-highway by OEMs. The on-highway application segment is expected to witness the fastest growth over the forecast period owing to increasing product demand from commercial vehicles, light trucks and sports cars.
The aftermarket segment is anticipated to grow at a significant rate of 5.9% from 2018 to 2030 due largely to growing product utilization in repair and replacement activities for various automotive applications including passenger cars, LCVs/LHDs and heavy trucks among others globally.
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 premium and luxurious sedans in emerging countries, such as China and India. Furthermore, rising disposable income levels are anticipated to boost the sales of these vehicles in this region. The Middle East & Africa is also estimated to witness significant growth over the coming years dueNorth African economic recovery coupled with growing automotive industry will drive its Sedan Differential market growth. Moreover, major players are investing heavily in this region by way of capacity expansion and new product launches which will further fuel revenue generation prospects for global sedan differential manufacturers/suppliers.
The North American regional market dominated the global Sedan Differential industry followed by Europe due primarilyto high vehicle ownership rates coupled with steady product demand from OEMs across both regions (light commercial vehicles [LCVs] & passenger cars).
Growth Factors:
- Increasing demand for luxury cars: The global luxury car market is expected to grow at a CAGR of around 5% during the forecast period. This is mainly due to the increasing disposable income of consumers, especially in developing countries. Sedan differential is one of the key components in a luxury car and its growing popularity is expected to drive the growth of this market segment during the forecast period.
- Rising demand for eco-friendly cars: With governments across the world introducing stringent emission norms, there is an increasing demand for eco-friendly cars. This has led to an increase in R&D spending by automakers on electric and hybrid vehicles, which in turn is driving the growth of the sedan differential market.
- Growing popularity of SUVs: SUVs are becoming increasingly popular due to their combination of features such as performance, comfort, and fuel efficiency. This has led to a shift in consumer preference from sedans to SUVs, thereby creating opportunities for players operating in this market segment..
Scope Of The Report
Report Attributes
Report Details
Report Title
Sedan 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
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Sedan Differential Market Report Segments:
The global Sedan 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 Sedan 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 Sedan 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?
The differential is a device that allows the wheels of a car to rotate at different speeds. This allows the car to move more easily and quickly through turns.
Some of the major companies in the sedan differential market are GKN, JTEKT, Eaton, BorgWarner, Magna, DANA, AAM, KAAZ, CUSCO, Quaife, TANHAS.
The sedan differential market is expected to register a CAGR of 6%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sedan 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 Sedan Differential Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sedan 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 Sedan 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 Sedan Differential Market Size & Forecast, 2018-2028
4.5.1 Sedan Differential Market Size and Y-o-Y Growth
4.5.2 Sedan Differential Market Absolute $ Opportunity
Chapter 5 Global Sedan 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 Sedan Differential 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 Sedan 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 Sedan Differential Market Size Forecast by Applications
6.2.1 OEMs
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sedan 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 Sedan 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 Sedan Differential Analysis and Forecast
9.1 Introduction
9.2 North America Sedan 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 Sedan Differential 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 Sedan 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 Sedan Differential Analysis and Forecast
10.1 Introduction
10.2 Europe Sedan 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 Sedan Differential 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 Sedan 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 Sedan Differential Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sedan 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 Sedan Differential 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 Sedan 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 Sedan Differential Analysis and Forecast
12.1 Introduction
12.2 Latin America Sedan 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 Sedan Differential 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 Sedan 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) Sedan Differential Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sedan 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) Sedan Differential 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) Sedan 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 Sedan Differential Market: Competitive Dashboard
14.2 Global Sedan 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
