Boston, MA -- (SBWIRE) -- 02/08/2017 -- 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.

Get More Details on this Report and a Full Table of Contents at Global Automotive Differential Market 2016-2020

Covered in this report
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:

-APAC
-Europe
-US

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.

Key vendors

-GKN
-BorgWarner
-ZF
-Eaton
-Schaeffler

Other prominent vendors

-JTEKT
-Linamar
-Neapco
-Dana

Market driver

-Low penetration of cars in emerging countries.
-For a full, detailed list, view our report

Market challenge

-Government regulation for private-owned cars in China.
-For a full, detailed list, view our report

Market trend

-Electric drive axles replacing driveshaft and mechanical differentials.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: GKN, BorgWarner, ZF, Eaton, Schaeffler, JTEKT, Linamar, Neapco,, Dana

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