Market Research Report
Global Automotive Differential Market 2016-2020
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||410522|
|Published||Content info||55 Pages
The global automotive differential market is categorized as AWD market and 2WD market based on the type of the differential mechanism installed in the vehicle. There is an increasing demand for AWD from emerging countries such as China, India, Brazil, and South Korea. The emerging countries are estimated to have the highest growth rate in these regions, contributing to the growth of the global automotive differential market. The market for 2WD is declining as the penetration in APAC, Europe, and the US has declined due to the increasing volume and growth of AWD systems. The open differentials are increasingly being replaced by more efficient and compact electronic limited slip differential units such as eLSD for fuel efficiency as part of vehicle electrification trend.
Technavio's analysts forecast the global automotive differential market to grow at a CAGR of 6.47% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global automotive differential market for 2016-2020. To calculate the market size, the report provides the performance and market dominance of each of the vendors in terms of experience, product portfolio, geographical presence, financial condition, and R&D.
The market is divided into the following segments based on geography:
Technavio's report, Global Automotive Differential Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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