Market Overview

The Global Market for Automotive Differentials - Forecast to 2025: GKN, Dana, and ZF are the Dominant Players


Dublin, Aug. 20, 2018 (GLOBE NEWSWIRE) -- The "Automotive Differential Market by Type, Drive Type , Vehicle Type, Hybrid Vehicles, Off highway, Components Aftermarket, and Region - Global Forecast to 2025" report has been added to's offering.

The automotive differential market size, by value, was estimated to be USD 22.52 billion in 2018 and is projected to reach USD 30.17 billion by 2025, at a CAGR of 4.27% from 2018 to 2025.

The need of better traction on roads and fuel efficiency are key drivers for the growth of the automotive differential market. The automotive differential market has good growth opportunities amid increasing vehicle production. The growing demand for all wheel drive vehicles is also a major driver for the differential market.

The increasing demand for electric vehicles act as the major restraint for the automotive differential market. These vehicles using a pure electric powertrain system eliminates the requirement of differentials, and therefore restraining the market growth.

The automotive differential market has been segmented on the basis of drive type, differential type, aftermarket components, on highway vehicle, off highway vehicle, hybrid vehicle, and region.

Asia Oceania is estimated to be the largest market for ICE vehicles during the forecast period owing to the largest vehicle production and growing inclination towards all wheel and four wheel drives integrated vehicles in the Asian countries.

On the basis of on highway vehicle type, the passenger car market is the largest in terms of volume and value. The key factors influencing the sales of passenger cars in various countries are the increasing per capita income and improved standard of living.

In terms of differential type, the open differential market is estimated to dominate the automotive differential market in 2018. Most of the vehicles are equipped with the open differential due to its low cost, and the reason that it provides better traction on good condition roads.

AWD/4WD is estimated to be the largest as well as the fastest growing market for automotive differential, by drive type, during the forecast period. The AWD/4WD drive systems differential market is mainly driven by growing demand for SUVs, increasing demand for improved vehicle safety, stability, and enhanced driving dynamics.

The ELSD (electronically controlled limited slip differential) has the fastest growing market for ICE and hybrid vehicle owing to increased focus of automotive OEMs to replace the mechanical parts with compact electrical components for fuel-efficiency which resulted in the adoption of ELSD in mid-segment vehicles and heavy vehicles as well.

In the hybrid vehicle segment, HEVs have the largest market share in terms of value. HEVs are premium vehicles in terms of their price range and features offered, and they have higher fuel economy compared to the ICE variant of the same model. Japan is the leading country in terms of sales of hybrid vehicles owing to the presence of leading hybrid vehicle manufacturers such as Nissan and Toyota.

In the Off highway vehicle segment, agriculture tractors are the fastest growing for automotive differential owing to the rise in the global population, degradation of soil fertility and unpredictable climatic changes, increasing mechanization in the agricultural industry, lack of skilled farm labor, increasing labor cost, and increasing need for operational efficiency and profitability.

The major players in the automotive differential market are GKN (UK), Eaton (Ireland), American Axle (US), JTEKT (Japan), and Dana (US), Borgwarner (US), Linamar (Canada), Schaeffler (Germany), ZF (Germany), Continental (Germany), among others.

Currently, GKN, Dana, and ZF are the dominant players in the automotive differential market. The extensive competition in the automotive industry has led these companies to primarily focus on innovations. Mobility is becoming increasingly advanced and automated, which requires a highly complex technology, therefore, companies must focus on innovations.

Key Topics Covered

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.3.3 Currency
1.4 Limitations
1.5 Package Size
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources for Vehicle Production
2.2.2 Key Secondary Sources for Market Sizing
2.2.3 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.5 Market Breakdown & Data Triangulation
2.6 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Automotive Differential Market
4.2 Market, By Differential Type
4.3 Market, By Drive Type
4.4 Market, By Vehicle Type
4.5 Market for Hybrid Vehicles, By Vehicle Type
4.6 Market for Hybrid Vehicles, By Differential Type
4.7 Market, By Off-Highway Vehicle Type
4.8 Automotive Differential Aftermarket, By Components
4.9 Market, By Country
4.1 Market, By Region

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers Increase in Demand for Commercial & Heavy-Duty Vehicles Increase in Demand for Light Commercial & Heavy Commercial Vehicles Increased Investment in Infrastructure to Boost the Demand for Construction Equipment & Differential Increase in Demand for Luxury and SUV Vehicles
5.2.2 Restraints Increase in Demand for Electric Vehicles Increase in Demand for Electric Buses and Trucks
5.2.3 Opportunities Advancements in Technology Electronic Limited Slip Differentials
5.2.4 Challenges Developing Fail-Safe Electronic and Electrical Components

6 Automotive Differential Market, By Differential Type
6.1 Introduction
6.2 Electronic Limited-Slip Differential (ELSD)
6.3 Locking Differential
6.4 Limited-Slip Differential (LSD)
6.5 Open Differential
6.6 Torque Vectoring Differential

7 Automotive Differential Market, By Drive Type
7.1 Introduction
7.2 Front Wheel Drive (FWD)
7.3 Rear Wheel Drive (RWD)
7.4 All Wheel Drive/ Four Wheel Drive (AWD/4WD)

8 Automotive Differential Market, By Vehicle Type
8.1 Introduction
8.2 Passenger Car (PC)
8.3 Light Commercial Vehicle (LCV)
8.4 Truck
8.5 Bus

9 Automotive Differential Market, By Hybrid Type
9.1 Introduction
9.2 Hybrid Electric Vehicles (HEVS)
9.3 Plug in Hybrid Electric Vehicles (PHEVS)

10 Automotive Differential Market for Hybrid Vehicles, By Differential Type
10.1 Introduction
10.2 Electronic Limited Slip Differential (ELSD)
10.3 Locking Differential
10.4 Limited Slip Differential (LSD)
10.5 Open Differential
10.6 Torque Vectoring Differential

11 Automotive Differential Market, By Off-Highway Vehicle Type
11.1 Introduction
11.2 Agriculture Tractors
11.3 Construction & Mining Equipment
11.4 Forklift

12 Automotive Differential Aftermarket, By Component
12.1 Introduction
12.2 Differential Bearing
12.3 Differential Gear
12.4 Differential Case

13 Automotive Differential Market, By Region
13.1 Introduction
13.2 Asia Oceania
13.2.1 China
13.2.2 India
13.2.3 Japan
13.2.4 South Korea
13.2.5 Thailand
13.2.6 Rest of Asia Oceania
13.3 Europe
13.3.1 Germany
13.3.2 France
13.3.3 Russia
13.3.4 Spain
13.3.5 UK
13.3.6 Turkey
13.3.7 Rest of Europe
13.4 North America
13.4.1 Canada
13.4.2 Mexico
13.4.3 US
13.5 Rest of the World (RoW)
13.5.1 Brazil
13.5.2 Iran
13.5.3 Rest of RoW

14 Competitive Landscape
14.1 Introduction
14.2 Automotive Differential: Market Share Analysis
14.3 Competitive Situations & Trends
14.3.1 New Product Development
14.3.2 Expansion
14.3.3 Supply Contracts
14.3.4 Acquisition/Partnership/Collaboration

15 Company Profiles
15.1 GKN
15.2 Eaton
15.3 American Axle
15.4 Dana
15.5 Borgwarner
15.6 Linamar
15.7 Schaeffler
15.8 ZF
15.9 JTEKT
15.1 Continental
15.11 Additional Company Profiles
15.11.1 North America Auburn Gear Neapco Magna
15.11.2 Europe Drexler Quaife Xtrac
15.11.3 Asia Oceania NSK Bharat Gears Cusco
15.11.4 RoW ZEN Kermankhodro

For more information about this report visit

         Laura Wood, Senior Manager
         For E.S.T Office Hours Call 1-917-300-0470
         For U.S./CAN Toll Free Call 1-800-526-8630
         For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive Aftermarket, Electric and Hybrid Vehicles, Automotive Drivetrain and Transmission Components 

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