Automotive Differential Market Insights, 2030 

The global automotive differential market size was valued at USD 20,530.1 million in 2020, and is projected to reach USD 32,293.6 million by 2030, registering a CAGR of 4.7%. Asia-Pacific was the highest revenue contributor, accounting for USD 8,583.6 million in 2020, and is estimated to reach USD 14,435.2 million by 2030, with a CAGR of 5.4%.

The factors, such as increase in penetration of AWD and 4WD vehicles, rise in demand for commercial vehicles, and increase in demand for lightweight and high-performance automotive components, are expected to drive the global automotive differential market. However, the rise in production of vehicles with in-wheel electric motors and the decrease in automotive production and sales are expected to restrict the growth of the market during the forecast period. Moreover, the development of electronically limited-slip differentials, increase in demand from developing countries, and contract/agreement winning is the key strategy to gain a competitive advantage, while production of electronically limited-slip differentials is anticipated to supplement the global automotive differential market growth. Therefore, these factors are expected to provide a better opportunity for the automotive differential market growth soon.

Automotive differential is a crucial component of the automotive drivetrain that allows different drive wheels to perform effective turning and driving operations. Automotive differential is a device that splits the torque of an engine in two ways, allowing each output to spin the vehicle wheel at a different speed. The differential is found in all modern passenger vehicles, commercial vehicles, and electric vehicles. All drive vehicles require a differential between each pair of drive wheels, which includes one between the front and rear wheels. Part-time four-wheel drive vehicle lacks a differential between the front and rear wheels causing the front and rear wheels to rotate at the same speed, as they are locked together. The demand for automotive differential is determined by automotive production activities.

[TYPEGRAPH]

The global automotive differential market is divided into drive type, vehicle type, type, and region. Based on drive type, it is divided into front-wheel drive, rear-wheel drive, and all-wheel drive (AWD). Based on vehicle type, it is segmented into IC Engine passenger car, IC Engine commercial vehicle, and electric vehicle. On the basis of type, it is divided into open, locking, limited-slip differential (LSD), electronically limited slip differential (ELSD), and torque vectoring. Region-wise it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Key players, including American Axle & Manufacturing, Inc. (AAM), BorgWarner Inc., Dana Incorporated, Eaton, Hyundai Wia Corporation, JTEKT Corporation, Linamar Corporation, Melrose Industries PLC, Schaeffler Group, ZF Friedrichshafen AG, and others hold major automotive differential market share.

[DRIVETYPEGRAPH]

Increasing Penetration of AWD and 4WD vehicles 

Automotive manufacturing has advanced technologically in the areas of drivetrain, powertrain, safety, and stability to increase the operational efficiency of the vehicle. Automotive consumers are demanding more output efficient and optimum performance high-end driving operations. Moreover, the demand outlook of end users has shifted more toward added luxury, comfort, and driving dynamics. The change in demand for end consumers is shifting towards four-wheel drive (4WD) and all-wheel drive (AWD) vehicles to attain safety and vehicle dynamic levels. Original equipment manufacturers (OEMs) are focused on these drive systems to cater to the change in the requirement of end-users. In recent years, AWD and 4WD penetration of vehicle has increased significantly, and it is expected to maintain the momentum in the coming years. These drive systems require two or three differential assemblies to perform the driving activities. For instance, in August 2021, luxury brand of Hyundai, Genesis, launched the GV70 luxury SUV which comes equipped with an all-wheel-drive system along with an electronic limited-slip differential to augment the ride quality of the vehicle. An increase in penetration of AWD and 4WD vehicles therefore is expected to drive the demand for the automotive differential soon.

Rise in Demand for Commercial Vehicles 

The rise in demand for commercial vehicles in developing nations, owing to urbanization and increased industrial production is anticipated to exhibit remarkable growth in the coming years. For instance, the commercial vehicle segment in the Indian automotive industry experienced an exceptional growth rate in both light commercial as well as medium & heavy commercial vehicle segments. Commercial vehicles are mostly rear-wheel-drive vehicles, which require high-performance differential assemblies to perform driving operations. For instance, the global commercial vehicles sales were26.9 million units in 2018 and has increased to 27 million units in 2019. Emerging players and automotive differential market leaders operating in different industries across the developing countries such as e-commerce, the food industry, and others have boosted demand for delivery and transport solutions, thereby driving the production of heavy commercial vehicles even further. Furthermore, increased production of heavy-duty vehicles considerably boosts the demand for automotive differential. Moreover, the emergence of global potential heavy vehicle manufacturers such as UD Trucks, Scania, and Volvo Trucks & Buses, which are focusing on expanding their production capacities in the developing nations through joint ventures with local manufacturers, is expected to present an opportunity for the automotive differential market growth.

[VEHICLETYPEGRAPH]

Rise in Production of Vehicles with in-Wheel Electric Motors 

Some electric vehicles are powered by in-wheel electric motors that transmits torque straight to wheels without any differential. Furthermore, GEM motors, an electric mobility manufacturer, is focused on the development of GEM in-wheel electric motors for potential customers in Switzerland, France, Sweden, Germany, and Italy. Electric vehicles demand and manufacturing have increased significantly in recent years, owing to the fact that electric vehicles offer several advantages over fuel-powered automobiles. Components, like fan belts, oil, air filters, head gaskets, timing belts, cylinder heads, and spark plugs, do not require replacement, which, in turn, makes them cost-effective and efficient for IC engine-powered automobiles. This makes hybrid vehicle a preferred choice for automobile owners. For instance, Protean Electric and Local Motors announced a new three-year agreement deal for US$7.3 million in June 2021, in which Protean Electric would deliver thousands of Protean Drive in-wheel motors to power Local Motors' Olli 2.0 electric autonomous shuttle. The rise in production of in-wheel electric motors vehicles hinders the growth of the automotive differential market.

Development of Electronically Limited Slip Differentials 

Electronically limited-slip differential increases traction and can be extremely beneficial on wet or dry roads, enhancing handling for high-performing vehicles. This type of differential provides benefits such as better handling, optimized performance, better control on slippery roads, and others. Leading automobile manufacturers are focused on the development of electronically limited -slip differentials. For instance, Hyundai Wia Corporation announced the commencement of mass production of electronically limited slip differential (ELSD) in January 2020. The e-LSD provides equal power to all wheels. However, when the automobile is taking a sharp turn or one wheel is stuck in a swamp, the e-LSD will direct more power on that particular wheel. Moreover, Eaton launched its next-generation electronic limited-slip differential, which is a fast-acting traction-management system. Furthermore, in October 2018, ZF announced a new networked ELSD rear axle transmission, which is generally designed for sports and off-road vehicles. This innovative differential is fully networked with the brake system of vehicle, enhancing both on-road and off-road driving dynamics, comfort, and stability of vehicles. The production of ELSD by automobile manufacturers is anticipated to provide a significant growth opportunity for the players operating in the automotive differential market.

[REGIONGRAPH]

COVID-19 Impact Analysis 

• The impact of COVID-19 on the automotive differential market is unclear and it is expected to remain restricted until the second quarter of 2021. 
• To prevent spread of the COVID-19 virus, governments across the globe implemented strict lockdowns and made social distancing mandatory. Consequently, several organizations began work from home programs as precautionary measure. This led to a sudden fall in global demand for automobiles.
• Moreover, nationwide lockdowns disrupted the supply chain as several manufacturing facilities across the globe were forced to partially or completely shut down their operations.
• The adverse impacts of the COVID-19 pandemic resulted in massive supply-demand challenges across the globe.

Key Benefits For Stakeholders

• This study presents the analytical depiction of the global automotive differential market analysis along with the current trends and future estimations to depict imminent investment pockets.
• The overall automotive differential market opportunity is determined by understanding profitable trends to gain a stronger foothold.
• The report presents information related to key drivers, restraints, and opportunities of the automotive differential market with a detailed impact analysis.
• The current automotive differential market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

 Key Market Segments

• By Drive Type
  • Front Wheel Drive(FWD)
  • Rear Wheel Drive (RWD)
  • All-wheel drive (AWD)/Four Wheel Drive (4WD)
• By Vehicle Type
  • Passenger Car
  • Commercial Vehicle
  • Electric vehicle
• By Type
  • Open
  • Locking
  • Limited Slip Differential
  • Electronic limited slip differential
  • Torque Vectoring
• By Region
  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

 
Key Market Players

• EATON
• AMERICAN AXLE & MANUFACTURING, INC.
• BORGWARNER INC.
• HYUNDAI WIA CORPORATION
• ZF FRIEDRICHSHAFEN AG
• MELROSE INDUSTRIES PLC
• JTEKT CORPORATION
• SCHAEFFLER GROUP
• LINAMAR CORPORATION
• DANA INCORPORATED

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis (2020)
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Increase in penetration of AWD and 4WD vehicles
3.5.1.2.Rise in demand for commercial vehicles
3.5.1.3.Increase in demand for lightweight and high-performance automotive components

3.5.2.Restraints

3.5.2.1.Rise in production of vehicles with in-wheel electric motors
3.5.2.2.Decrease in production and sales of automotive

3.5.3.Opportunities

3.5.3.1.Development of electronically limited slip differentials
3.5.3.2.Increase in demand from developing countries
3.5.3.3.Winning contract/agreement is the key strategy to gain a competitive advantage

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreaks
3.6.2.Macro-economic impact analysis
3.6.3.Micro-economic impact analysis
3.6.4.Impact on industry analysis

3.7.Differential Technologies Overview

3.7.1.New technologies in differential technologies
3.7.2.Replacements Overview: Current Technologies to New Technologies

3.8.GO-TO-MARKET STRATEGY

CHAPTER 4:AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE

4.1.Overview
4.2.Open

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Locking

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

4.4.Limited Slip Differential (LSD)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, by region
4.4.3.Market analysis, by country

4.5.Electronic Limited Slip Differential (ELSD)

4.5.1.Key market trends, growth factors, and opportunities
4.5.2.Market size and forecast, by region
4.5.3.Market analysis, by country

4.6.Torque vectoring

4.6.1.Key market trends, growth factors, and opportunities
4.6.2.Market size and forecast, by region
4.6.3.Market analysis, by country

CHAPTER 5:AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE

5.1.Overview
5.2.IC Engine Passenger Cars

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.IC Engine Commercial vehicle

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Electric vehicle

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE

6.1.Overview
6.2.Front Wheel Drive (FWD)

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Rear Wheel Drive (RWD)

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis, by country

6.4.All-Wheel Drive (AWD)

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

CHAPTER 7:AUTOMOTIVE DIFFERENTIAL MARKET, BY REGION

7.1.Overview
7.2.North America

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by type
7.2.3.Market size and forecast, by Vehicle type
7.2.4.Market size and forecast, by Drive type
7.2.5.Market analysis, by country

7.2.5.1.U.S.

7.2.5.1.1.Market size and forecast, by type
7.2.5.1.2.Market size and forecast, by vehicle type
7.2.5.1.3.Market size and forecast, by Drive type

7.2.5.2.Canada

7.2.5.2.1.Market size and forecast, by drive type
7.2.5.2.2.Market size and forecast, by vehicle type
7.2.5.2.3.Market size and forecast, by Drive type

7.2.5.3.Mexico

7.2.5.3.1.Market size and forecast, by type
7.2.5.3.2.Market size and forecast, by vehicle type
7.2.5.3.3.Market size and forecast, by Drive type

7.3.Europe

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by type
7.3.3.Market size and forecast, by vehicle type
7.3.4.Market size and forecast, by Drive type
7.3.5.Market analysis, by country

7.3.5.1.Germany

7.3.5.1.1.Market size and forecast, by type
7.3.5.1.2.Market size and forecast, by vehicle type
7.3.5.1.3.Market size and forecast, by Drive type

7.3.5.2.France

7.3.5.2.1.Market size and forecast, by type
7.3.5.2.2.Market size and forecast, by vehicle type
7.3.5.2.3.Market size and forecast, by Drive type

7.3.5.3.UK

7.3.5.3.1.Market size and forecast, by type
7.3.5.3.2.Market size and forecast, by vehicle type
7.3.5.3.3.Market size and forecast, by Drive type

7.3.5.4.Italy

7.3.5.4.1.Market size and forecast, by type
7.3.5.4.2.Market size and forecast, by vehicle type
7.3.5.4.3.Market size and forecast, by Drive type

7.3.5.5.Rest of Europe

7.3.5.5.1.Market size and forecast, by type
7.3.5.5.2.Market size and forecast, by vehicle type
7.3.5.5.3.Market size and forecast, by Drive type

7.4.Asia-Pacific

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by type
7.4.3.Market size and forecast, by vehicle type
7.4.4.Market size and forecast, by Drive type
7.4.5.Market analysis, by country

7.4.5.1.China

7.4.5.1.1.Market size and forecast, by type
7.4.5.1.2.Market size and forecast, by vehicle type
7.4.5.1.3.Market size and forecast, by Drive type

7.4.5.2.Japan

7.4.5.2.1.Market size and forecast, by type
7.4.5.2.2.Market size and forecast, by vehicle type
7.4.5.2.3.Market size and forecast, by Drive type

7.4.5.3.India

7.4.5.3.1.Market size and forecast, by type
7.4.5.3.2.Market size and forecast, by vehicle type
7.4.5.3.3.Market size and forecast, by Drive type

7.4.5.4.South Korea

7.4.5.4.1.Market size and forecast, by type
7.4.5.4.2.Market size and forecast, by vehicle type
7.4.5.4.3.Market size and forecast, by Drive type

7.4.5.5.Rest of Asia-Pacific

7.4.5.5.1.Market size and forecast, by type
7.4.5.5.2.Market size and forecast, by vehicle type
7.4.5.5.3.Market size and forecast, by Drive type

7.5.LAMEA

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by type
7.5.3.Market size and forecast, by vehicle type
7.5.4.Market size and forecast, by Drive type
7.5.5.Market analysis, by country

7.5.5.1.Latin America

7.5.5.1.1.Market size and forecast, by type
7.5.5.1.2.Market size and forecast, by vehicle type
7.5.5.1.3.Market size and forecast, by Drive type

7.5.5.2.Middle East

7.5.5.2.1.Market size and forecast, by type
7.5.5.2.2.Market size and forecast, by vehicle type
7.5.5.2.3.Market size and forecast, by Drive type

7.5.5.3.Africa

7.5.5.3.1.Market size and forecast, by type
7.5.5.3.2.Market size and forecast, by vehicle type
7.5.5.3.3.Market size and forecast, by Drive type

CHAPTER 8:COMPANY PROFILES

8.1.Competitor Dashboard
8.2.AMERICAN AXLE & MANUFACTURING, INC.

8.2.1.Company overview
8.2.2.Key executives
8.2.3.Company snapshot
8.2.4.Operating business segments
8.2.5.Product portfolio
8.2.6.R&D expenditure
8.2.7.Business performance
8.2.8.Key strategic moves and developments

8.3.BORGWARNER INC.

8.3.1.Company overview
8.3.2.Key executives
8.3.3.Company snapshot
8.3.4.Operating business segments
8.3.5.Product portfolio
8.3.6.R&D expenditure
8.3.7.Business performance
8.3.8.Key strategic moves and developments

8.4.Dana Incorporated

8.4.1.Company overview
8.4.2.Key executives
8.4.3.Company snapshot
8.4.4.Operating business segments
8.4.5.Product portfolio
8.4.6.R&D expenditure
8.4.7.Business performance
8.4.8.Key strategic moves and developments

8.5.EATON

8.5.1.Company overview
8.5.2.Key executives
8.5.3.Company snapshot
8.5.4.Operating business segments
8.5.5.Product portfolio
8.5.6.R&D expenditure
8.5.7.Business performance
8.5.8.Key strategic moves and developments

8.6.HYUNDAI WIA CORPORATION

8.6.1.Company overview
8.6.2.Key executives
8.6.3.Company snapshot
8.6.4.Operating business segments
8.6.5.Product portfolio
8.6.6.R&D expenditure
8.6.7.Business performance
8.6.8.Key strategic moves and developments

8.7.JTEKT CORPORATION

8.7.1.Company overview
8.7.2.Company snapshot
8.7.3.Operating business segments
8.7.4.Product portfolio
8.7.5.Business performance

8.8.Linamar Corporation

8.8.1.Company overview
8.8.2.Key executives
8.8.3.Company snapshot
8.8.4.Operating business segments
8.8.5.Product portfolio
8.8.6.Business performance

8.9.MELROSE INDUSTRIES PLC

8.9.1.Company overview
8.9.2.Key executives
8.9.3.Company snapshot
8.9.4.Operating business segments
8.9.5.Product portfolio
8.9.6.R&D expenditure
8.9.7.Business performance

8.10.SCHAEFFLER GROUP

8.10.1.Company overview
8.10.2.Company snapshot
8.10.3.Operating business segments
8.10.4.Product portfolio
8.10.5.R&D expenditure
8.10.6.Business performance

8.11.ZF FRIEDRICHSHAFEN AG

8.11.1.Company overview
8.11.2.Key executives
8.11.3.Company snapshot
8.11.4.Operating business segments
8.11.5.Product portfolio
8.11.6.R&D expenditure
8.11.7.Business performance
8.11.8.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 02.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR OPEN, BY REGION 2020–2030 ($MILLION)
TABLE 03.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR LOCKING, BY REGION 2020–2030 ($MILLION)
TABLE 04.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR LIMITED SLIP DIFFERENTIAL (LSD), BY REGION 2020–2030 ($MILLION)
TABLE 05.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR ELECTRONIC LIMITED SLIP DIFFERENTIAL (ELSD), BY REGION 2020–2030 ($MILLION)
TABLE 06.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR TORQUE VECTORING, BY REGION 2020–2030 ($MILLION)
TABLE 07.GLOBAL AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 08.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR IC ENGINE PASSENGER CARS, BY REGION 2020–2030 ($MILLION)
TABLE 09.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR IC ENGINE COMMERCIAL VEHICLE, BY REGION 2020–2030 ($MILLION)
TABLE 10.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR ELECTRIC VEHICLE, BY REGION 2020–2030 ($MILLION)
TABLE 11.GLOBAL AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 12.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR FRONT WHEEL DRIVE(FWD), BY REGION 2020–2030 ($MILLION)
TABLE 13.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR REAR WHEEL DRIVE (RWD), BY REGION 2020–2030 ($MILLION)
TABLE 14.AUTOMOTIVE DIFFERENTIAL MARKET REVENUE FOR ALL-WHEEL DRIVE (AWD), BY REGION 2020–2030 ($MILLION)
TABLE 15.AUTOMOTIVE DIFFERENTIAL MARKET, BY REGION 2020–2030 ($MILLION)
TABLE 16.NORTH AMERICAN AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 17.NORTH AMERICAN AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 18.NORTH AMERICAN AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 19.U. S. AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 20.U.S. AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 21.U. S. AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 22.CANADA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 23.CANADA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 24.CANADA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 25.MEXICO AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 26.MEXICO AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 27.MEXICO AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 28.EUROPEAN AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 29.EUROPEAN AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 30.EUROPEAN AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 31.GERMANY AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 32.GERMANY AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 33.GERMANY AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 34.FRANCE AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 35.FRANCE AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 36.FRANCE AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 37.UK AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 38.UK AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 39.UK AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 40.ITALY AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 41.ITALY AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 42.ITALY AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 43.REST OF EUROPE AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 44.REST OF EUROPE AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 45.REST OF EUROPE AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 46.ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 47.ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 48.ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 49.CHINA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 50.CHINA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 51.CHINA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 52.JAPAN AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 53.JAPAN AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 54.JAPAN AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 55.INDIA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 56.INDIA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 57.INDIA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 58.SOUTH KOREA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 59.SOUTH KOREA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 60.SOUTH KOREA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 61.REST OF ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 62.REST OF ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 63.REST OF ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 64.LAMEA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 65.LAMEA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 66.LAMEA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 67.LATIN AMERICA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 68.LATIN AMERICA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 69.LATIN AMERICA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 70.MIDDLE EAST AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 71.MIDDLE EAST AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 72.MIDDLE EAST AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 73.AFRICA AUTOMOTIVE DIFFERENTIAL MARKET, BY TYPE, 2020–2030 ($MILLION)
TABLE 74.AFRICA AUTOMOTIVE DIFFERENTIAL MARKET, BY VEHICLE TYPE, 2020–2030 ($MILLION)
TABLE 75.AFRICA AUTOMOTIVE DIFFERENTIAL MARKET, BY DRIVE TYPE, 2020–2030 ($MILLION)
TABLE 76.AMERICAN AXLE & MANUFACTURING, INC.: KEY EXECUTIVES
TABLE 77.AMERICAN AXLE & MANUFACTURING, INC.: COMPANY SNAPSHOT
TABLE 78.AMERICAN AXLE & MANUFACTURING, INC. OPERATING SEGMENTS
TABLE 79.AMERICAN AXLE & MANUFACTURING, INC.: PRODUCT PORTFOLIO
TABLE 80.AMERICAN AXLE & MANUFACTURING, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 81.AMERICAN AXLE & MANUFACTURING, INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 82.BORGWARNER INC.: KEY EXECUTIVES
TABLE 83.BORGWARNER INC.: COMPANY SNAPSHOT
TABLE 84.BORGWARNER INC.: OPERATING SEGMENTS
TABLE 85.BORGWARNER INC.: PRODUCT PORTFOLIO
TABLE 86.BORGWARNER INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 87.BORGWARNER INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 88.DANA INCORPORATED: KEY EXECUTIVE
TABLE 89.DANA INCORPORATED: COMPANY SNAPSHOT
TABLE 90.DANA INCORPORATED: OPERATING SEGMENTS
TABLE 91.DANA INCORPORATED: PRODUCT PORTFOLIO
TABLE 92.DANA INCORPORATED: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 93.DANA INCORPORATED: NET SALES, 2018–2020 ($MILLION)
TABLE 94.DANA INCORPORATED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 95.EATON: KEY EXECUTIVE
TABLE 96.EATON: COMPANY SNAPSHOT
TABLE 97.EATON: OPERATING SEGMENTS
TABLE 98.EATON: PRODUCT PORTFOLIO
TABLE 99.EATON: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 100.EATON: NET SALES, 2018–2020 ($MILLION)
TABLE 101.HYUNDAI WIA CORPORATION: KEY EXECUTIVE
TABLE 102.HYUNDAI WIA CORPORATION: COMPANY SNAPSHOT
TABLE 103.HYUNDAI WIA CORPORATION: OPERATING SEGMENTS
TABLE 104.HYUNDAI WIA CORPORATION: PRODUCT PORTFOLIO
TABLE 105.HYUNDAI WIA CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 106.HYUNDAI WIA CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 107.JTEKT CORPORATION: KEY EXECUTIVES
TABLE 108.JTEKT CORPORATION: COMPANY SNAPSHOT
TABLE 109.JTEKT CORPORATION.: OPERATING SEGMENTS
TABLE 110.JTEKT CORPORATION: PRODUCT PORTFOLIO
TABLE 111.JTEKT CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 112.LINAMAR CORPORATION: KEY EXECUTIVES
TABLE 113.LINAMAR CORPORATION: COMPANY SNAPSHOT
TABLE 114.LINAMAR CORPORATION: OPERATING SEGMENTS
TABLE 115.LINAMAR CORPORATION: PRODUCT PORTFOLIO
TABLE 116.LINAMAR CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 117.MELROSE INDUSTRIES PLC: KEY EXECUTIVES
TABLE 118.MELROSE INDUSTRIES PLC: COMPANY SNAPSHOT
TABLE 119.MELROSE INDUSTRIES PLC: OPERATING SEGMENTS
TABLE 120.MELROSE INDUSTRIES PLC: PRODUCT PORTFOLIO
TABLE 121.MELROSE INDUSTRIES PLC: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 122.MELROSE INDUSTRIES PLC: NET SALES, 2018–2020 ($MILLION)
TABLE 123.SCHAEFFLER GROUP: KEY EXECUTIVES
TABLE 124.SCHAEFFLER GROUP: COMPANY SNAPSHOT
TABLE 125.SCHAEFFLER GROUP: OPERATING SEGMENTS
TABLE 126.SCHAEFFLER GROUP: PRODUCT PORTFOLIO
TABLE 127.SCHAEFFLER GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 128.SCHAEFFLER GROUP: NET SALES, 2018–2020 ($MILLION)
TABLE 129.ZF FRIEDRICHSHAFEN AG: KEY EXECUTIVES
TABLE 130.ZF FRIEDRICHSHAFEN AG: COMPANY SNAPSHOT
TABLE 131.ZF FRIEDRICHSHAFEN AG: OPERATING SEGMENTS
TABLE 132.ZF FRIEDRICHSHAFEN AG: PRODUCT PORTFOLIO
TABLE 133.ZF FRIEDRICHSHAFEN AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 134.ZF FRIEDRICHSHAFEN AG: NET SALES, 2018–2020 ($MILLION)

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 07.TOP WINNING STRATEGIES, BY YEAR, 2018–2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018–2021*
FIGURE 09.MODERATE-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.MODERATE THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS (2019)
FIGURE 15.GLOBAL AUTOMOTIVE DIFFERENTIAL MARKET SHARE, BY TYPE, 2020–2030 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR OPEN, BY COUNTRY, 2020 & 2030 (%)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR LOCKING, BY COUNTRY, 2020 & 2030 (%)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR LIMITED SLIP DIFFERENTIAL (LSD), BY COUNTRY, 2020 & 2030 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR ELECTRONIC LIMITED SLIP DIFFERENTIAL (ELSD), BY COUNTRY, 2020 & 2030 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR ELECTRONIC LIMITED SLIP DIFFERENTIAL (ELSD), BY COUNTRY, 2020 & 2030 (%)
FIGURE 21.GLOBAL AUTOMOTIVE DIFFERENTIAL MARKET SHARE, BY VEHICLE TYPE, 2020–2030 (%)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR IC ENGINE PASSENGER CARS, BY COUNTRY, 2020 & 2030 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR COMMERCIAL VEHICLE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR ELECTRIC VEHICLE, BY COUNTRY, 2020 & 2030 (%)
FIGURE 25.GLOBAL AUTOMOTIVE DIFFERENTIAL MARKET SHARE, BY DRIVE TYPE, 2020–2030 (%)
FIGURE 26.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR FRONT WHEEL DRIVE(FWD), BY COUNTRY,  2020 & 2030 (%)
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR REAR WHEEL DRIVE (RWD), BY COUNTRY,  2020 & 2030 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET FOR ALL-WHEEL DRIVE (AWD), BY COUNTRY, 2020 & 2030 (%)
FIGURE 29.AUTOMOTIVE DIFFERENTIAL MARKET, BY REGION, 2020–2030 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 31.U. S. AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 32.CANADA AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 33.MEXICO AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 35.GERMANY AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 36.FRANCE AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 37.UK AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 38.ITALY AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 39.REST OF EUROPE AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 40.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 41.CHINA AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 42.JAPAN AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 43.INDIA AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 44.SOUTH KOREA AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 46.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE DIFFERENTIAL MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 47.LATIN AMERICA AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 48.MIDDLE EAST AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 49.AFRICA AUTOMOTIVE DIFFERENTIAL MARKET, 2020–2030 ($MILLION)
FIGURE 50.AMERICAN AXLE & MANUFACTURING, INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 51.AMERICAN AXLE & MANUFACTURING, INC. REVENUE, 2018–2020 ($MILLION)
FIGURE 52.AMERICAN AXLE & MANUFACTURING, INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 53.AMERICAN AXLE & MANUFACTURING, INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 54.BORGWARNER INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 55.BORGWARNER INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 56.BORGWARNER INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 57.BORGWARNER INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 58.DANA INCORPORATED: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 59.DANA INCORPORATED: NET SALES, 2018–2020 ($MILLION)
FIGURE 60.DANA INCORPORATED: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 61.DANA INCORPORATED: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 62.EATON: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 63.EATON: NET SALES, 2018–2020 ($MILLION)
FIGURE 64.EATON: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 65.EATON: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 66.HYUNDAI WIA CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 67.HYUNDAI WIA CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 68.HYUNDAI WIA CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 69.HYUNDAI WIA CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 70.JTEKT CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 71.JTEKT CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 72.JTEKT CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 73.LINAMAR CORPORATION: REVENUE, 2018–2020 ($MILLION)
FIGURE 74.LINAMAR CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 75.LINAMAR CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 76.MELROSE INDUSTRIES PLC: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 77.MELROSE INDUSTRIES PLC: NET SALES, 2018–2020 ($MILLION)
FIGURE 78.MELROSE INDUSTRIES PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 79.MELROSE INDUSTRIES PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 80.SCHAEFFLER GROUP: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 81.SCHAEFFLER GROUP: NET SALES, 2018–2020 ($MILLION)
FIGURE 82.SCHAEFFLER GROUP: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 83.SCHAEFFLER GROUP: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 84.ZF FRIEDRICHSHAFEN AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 85.ZF FRIEDRICHSHAFEN AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 86.ZF FRIEDRICHSHAFEN AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 87.ZF FRIEDRICHSHAFEN AG: REVENUE SHARE BY REGION, 2020 (%)