According to the report published by Allied Market Research, the global automotive differential market generated $20.53 billion in 2020, and is expected to reach $32.29 billion by 2030, witnessing a CAGR of 4.7% from 2021 to 2030. The report provides a detailed analysis of changing market dynamics, top investment pockets, regional landscape, key segments, value chain, and competitive scenario.
Download Report (PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/6123
Prominent players of the global automotive differential market analyzed in the research include BorgWarner Inc., American Axle & Manufacturing, Inc. (AAM), Eaton, Dana Incorporated, JTEKT Corporation, Hyundai Wia Corporation, Melrose Industries PLC, Linamar Corporation, ZF Friedrichshafen AG, and Schaeffler Group.
Based on region, Asia-Pacific accounted for the largest share in 2020, holding more than two-fifths of the total share, and is projected to maintain its dominant share by 2030. Moreover, this region is projected to portray the fastest CAGR of 5.4% during the forecast period.
Interested to Procure The Data? Inquire here at
https://www.alliedmarketresearch.com/purchase-enquiry/6123
Based on drive type, the front-wheel drive segment accounted for the highest market share in 2020, contributing to nearly half of the total share, and is projected to maintain its lead status during the forecast period. However, the all-wheel-drive segment is expected to witness the highest CAGR of 5.3% from 2021 to 2030.
Based on vehicle type, the IC engine passenger car segment contributed to the highest share in 2020, accounting for more than two-thirds of the global automotive differential market, and is expected to maintain its lead in terms of revenue during the forecast period. However, the electric vehicle segment is estimated to manifest the largest CAGR of 9.5% from 2021 to 2030.
Similar Reports We Have on Automotive Industry:
Differential Assembly, Starter Motor and, Bevel Gear Market by Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles, and Tractors), Region (North America, Europe, China, India, and Rest of World); Global Opportunity Analysis and Industry Forecast, 2019–2030.
Automotive Driveline Market by Architecture (Series Driveline, Parallel Driveline, Power Split Driveline and Electric Driveline), Final Drive (Differential and E-Axle), Transmission Type (Automatic Transmission, Dual Clutch Transmission and E-CVT), Drive Type (Front Wheel Drive, Rear Wheel Drive and All-Wheel Drive), Motor Output (45-100 KW, 101-250 KW and >250 KW), Vehicle Type (HybridElectric Vehicle, Plug-in Hybrid Electric Vehicle and Electric Vehicle) and Power Electronics (Inverter, Converter and Power Control Unit): Global Opportunity Analysis and Industry Forecast, 2021–2030.
About Allied Market Research
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “”Market Research Reports”” and “”Business Intelligence Solutions.”” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
AMR introduces its online premium subscription-based library Avenue, designed specifically to offer cost-effective, one-stop solution for enterprises, investors, and universities. With Avenue, subscribers can avail an entire repository of reports on more than 2,000 niche industries and more than 12,000 company profiles. Moreover, users can get an online access to quantitative and qualitative data in PDF and Excel formats along with analyst support, customization, and updated versions of reports.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com