Allied Market Research
Loading...
0

Differential Assembly Market, Starter Motor Market, and Bevel Gear Market Expected to Reach $27,464.2 Million, $2,819.5 Million, and $9,141.6 Million by 2025

 

Report Code : A09351

quote By vehicle type, passenger car segment dominated the global differential assembly market, global starter market, and global bevel gear market in 2019, and it is expected to lead the market growth during the forecast period. The tractors segment is estimated to witness significant CAGR by the end of 2025 in the global differential assembly market, global starter market, and global bevel gear market across all. quote

Omkar Bachal
Lead Analyst, Automotive and Transportation at Allied Market Research

Get 20% Free Customization In This Report
Follow us on Social Media:       
 

According to a recent report published by Allied Market Research, titled, “Differential Assembly, Starter Motor, and Bevel Gear Market by Vehicle Type and Region: Global Opportunity Analysis and Industry Forecast, 2020–2025” 

The global differential assembly market was reached 121.7 million units and valued at $22,390.8 million in 2019, and is projected to attain the demand for 145.6 million units and reach $27,464.2 million by 2025, registering a CAGR of 3.0% in terms of volume and 3.5% in terms of value from 2019 to 2025. 

Rest of world followed by Europe was the highest revenue contributor. Rest of world and Europe collectively accounted for around 51.9% share in 2019. China is the leading consumer in terms of volume sales of differential assembly, owing to automotive production facilities present in the region. Automotive differential can be defined as a device used to split engine’s torque in two ways, which allows each output to spin at a different speed. The differential is found in all modern passenger vehicles, commercial vehicles, and all drive vehicles. Wining long-term contracts is the key strategy followed by the market participants to gain competitive advantage in the global market.

The global starter motor market reached 132.5 million units in 2019, and is projected to reach 171.4 million units by 2025, registering a CAGR of 4.4%. China followed by rest of world was the dominating region in terms of unit sales. India and rest of world are expected to witness considerable CAGRs of 6.8% and 5.5%, respectively, during the forecast period.

Starter motor is an electric motor, which is used to start the internal combustion engine (ICE). As per the current automotive production scenario and existing on road automotive fleet, the starter motor is estimated to hold the significant position in the vehicle electrification market throughout the forecast period. However, increase in penetration of the battery electric vehicles, the threat of substitute is expected to experience by starter motor manufacturers. Green mobility initiatives fuel the growth for vehicle electrification, which in turn drive the demand for starter motor in the near future.

The global bevel gear market reached 127.1 million units and was valued at $ 2,337.1 million in 2019, and is projected to attain the demand for 149.9 million units and reach $2,819.5 million by 2025, registering a CAGR of 2.8% in terms of volume and 3.2% in terms of value from 2019 to 2025.

China followed by rest of the world was the dominating region in terms of unit sales. China and Europe collectively accounted for around 51.0% share in 2019. Increase in penetration of the 4WD and AWD vehicles is in turn to support the growth of the bevel gear market. Winning long-term contracts and agreement with differential assembly manufacturer or original equipment manufacturer creating long-term business opportunities for the bevel gear market players.

Key Findings Of The Study

  • In global differential assembly market, by vehicle type, the tractors segment is expected to register significant growth during the forecast period.
  • In global starter motor market, on the basis of vehicle type, the passenger car segment is projected to lead the global market in terms of market share.
  • In global bevel gear market, by region, rest of world dominated the market followed by Europe in 2019, and it is expected to maintain the leading market share by end of the forecast period.

The key players profiled in the report include American Axle & Manufacturing Inc, BorgWarner Inc., Dana Incorporated, Denso Corporation, Eaton, Hitachi Automotive Systems, Ltd., JTEKT Corporation, Meritor, Inc., Valeo, and ZF Friedrichshafen AG.

Need More Information

pr-det-talk Talk to David (Europe)

pr-det-talk Talk to Sona Padman (Americas)

5933 NE Win Sivers Drive #205,
Portland, OR 97220 United States

pr-det-phone Toll Free: +1-800-792-5285

pr-det-phone UK: +44-845-528-1300

pr-det-phone Hong Kong: +852-301-84916

pr-det-phone India (Pune): +91 2066346060

pr-det-phone Fax: +1(855) 550-5975

pr-det-phone help@alliedmarketresearch.com

 

For Media Inquiries, Please Contact

Tushar Nagose
Communications Officer
Allied Market Research
Contact Toll Free: +1-800-792-5285
Drop us an email at
media@alliedmarketresearch.com

 
 

First time buyer?
Check offers and discount on this report
To get this report

 
Click Here
 
 

quote 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, 2019–2025 quote

View Report
 
 
Avenue Video Loading...

Avenue: Entire Library membership of Allied Market Research Reports at your disposal

  • Avenue is an innovative subscription-based online report database.
  • Avail an online access to the entire library of syndicated reports on more than 3,924 niche industries and company profiles on more than 12,953 firms across 11 domains.
  • A cost-effective model tailored for entrepreneurs, investors, and students & researchers at universities.
  • Request customizations, suggest new reports, and avail analyst support as per your requirements.
  • Get an access to the library of reports at any time from any device and anywhere.

 
 

Why Allied Market Research?

Infallible Methodology

To ensure high-level data integrity, accurate analysis, and impeccable forecasts

Analyst Support

For complete satisfaction

Customization

On-demand customization of scope of the report to exactly meet your needs

Targeted Market View

Targeted market view to provide pertinent information and save time of readers

 

Featured Readings

 
rep-img

Published Date Jan 2021

Surgical Equipment Market

Download Sample
rep-img

Published Date Nov 2020

Medical Implant Market

Download Sample
 

Get Fresh content delivered

Get insights on topics that matter to your business. Stay updated on the area that interests you.

 
Get Industry Data Alerts
 

Buy Full Version
"Differential Assembly Market, Starter Motor Market, and Bevel Gear Market"
Purchase Enquiry