Global Differential Assembly Market Size study, By Product Type (Starter Motor, Bevel Gear) Vehicle Type (Passenger Car, Light Commercial Vehicles, Heavy Commercial Vehicles, Tractors) and Regional Forecasts 2020-2027

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  • Published Date:
    22 Feb 2021
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    Automotive & Transportation
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Impact Analysis on the Growth of Market

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Global Differential Assembly Market is valued approximately USD 22.39billion in 2019 and is anticipated to grow with a healthy growth rate of more than 3.5% over the forecast period 2020-2027. Differential assembly is an integral part of the automotive drivetrain, which provides the primary feature of proportional RPMs between two attached wheels. It is a portion of the assembly of the front and/or rear axles that plays an integral role in a vehicle and is intended to allow wheels to travel at different speeds. Differential assembly sales are directly influenced by the activities of automobile manufacturing across the globe. The increase in All-Wheel Drive and Four-Wheel Drive vehicle penetration is expected to help the growth of the differential assembly industry. Differential assembly procurement is carried out by long-term contracts and agreements between the manufacturer of the original equipment and the supplier of the differential assembly. Further, as most of the automotive industry is equipped with high-end electrical and electronics technology driven systems, the automotive industry has witnessed dramatic shift on the front of technological growth. In addition, automobile emissions are a key factor, since, they emit toxic greenhouse gases that have a long-term environmental impact. Many governments around the world are taking the initiative to regulate greenhouse emissions and environmental balance through the vehicle emission standards standard. The Government of India, for example, introduced the BS6 emission standard from April 2020 to regulate the outflow of air pollutants from vehicles. Furthermore, in the driving experience, end users/drivers demand technologically advanced electrical components and systems for ease and comfort. The demand for starter motors is motivated by the increased need for electrical and electronic components. In addition, the change in customer preference is expected to fuel the market for electrification of the car, which in turn, drives the demand for the starter motor. Also, the penetration of AWD and 4WD vehicles has increased significantly and the momentum in the coming years is expected to be sustained. To perform the driving operations, these drive systems need two or three differential assemblies. However, declining production and sales of the automotive impedes the growth of the market over the forecast period of 2020-2027. Also, the increasing demand for automotive vehicles creates an opportunity for the market, thus, the adoption & demand for Differential Assembly is likely to increase.

The regional analysis of global Differential Assembly market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the volume sales of differential assembly, China is the leading buyer, owing to the automotive production facilities present in the country. Whereas, North America is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising disposable income, rising demand for automotive vehicles would create lucrative growth prospects for the Differential Assembly market across the region.

Major market player included in this report are:
American Axle & Manufacturing Inc
BorgWarner Inc.
Dana Incorporated
Denso Corporation
Hitachi Automotive Systems, Ltd.
JTEKT Corporation
Meritor, Inc.
ZF Friedrichshafen AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Starter Motor
Bevel Gear
By Vehicle Type:
Passenger Car
Light Commercial Vehicles
Heavy Commercial Vehicles
By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Differential Assembly Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Differential Assembly Market, by Region, 2018-2027 (USD Billion)
1.2.2. Differential Assembly Market, by Product Type, 2018-2027 (USD Billion)
1.2.3. Differential Assembly Market, by Vehicle Type, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Differential Assembly Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Differential Assembly Market Dynamics
3.1. Differential Assembly Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Differential Assembly Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Differential Assembly Market, by Product Type
5.1. Market Snapshot
5.2. Global Differential Assembly Market by Product Type, Performance - Potential Analysis
5.3. Global Differential Assembly Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion)
5.4. Differential Assembly Market, Sub Segment Analysis
5.4.1. Starter Motor
5.4.2. Bevel Gear
Chapter 6. Global Differential Assembly Market, by Vehicle Type
6.1. Market Snapshot
6.2. Global Differential Assembly Market by Vehicle Type, Performance - Potential Analysis
6.3. Global Differential Assembly Market Estimates & Forecasts by Vehicle Type 2017-2027 (USD Billion)
6.4. Differential Assembly Market, Sub Segment Analysis
6.4.1. Passenger Car
6.4.2. Light Commercial Vehicles
6.4.3. Heavy Commercial Vehicles
6.4.4. Tractors
Chapter 7. Global Differential Assembly Market, Regional Analysis
7.1. Differential Assembly Market, Regional Market Snapshot
7.2. North America Differential Assembly Market
7.2.1. U.S. Differential Assembly Market Product Type breakdown estimates & forecasts, 2017-2027 Vehicle Type breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Differential Assembly Market
7.3. Europe Differential Assembly Market Snapshot
7.3.1. U.K. Differential Assembly Market
7.3.2. Germany Differential Assembly Market
7.3.3. France Differential Assembly Market
7.3.4. Spain Differential Assembly Market
7.3.5. Italy Differential Assembly Market
7.3.6. Rest of Europe Differential Assembly Market
7.4. Asia-Pacific Differential Assembly Market Snapshot
7.4.1. China Differential Assembly Market
7.4.2. India Differential Assembly Market
7.4.3. Japan Differential Assembly Market
7.4.4. Australia Differential Assembly Market
7.4.5. South Korea Differential Assembly Market
7.4.6. Rest of Asia Pacific Differential Assembly Market
7.5. Latin America Differential Assembly Market Snapshot
7.5.1. Brazil Differential Assembly Market
7.5.2. Mexico Differential Assembly Market
7.6. Rest of The World Differential Assembly Market

Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. American Axle & Manufacturing Inc Key Information Overview Financial (Subject to Data Availability) Product Summary Recent Developments
8.2.2. BorgWarner Inc.
8.2.3. Dana Incorporated
8.2.4. Denso Corporation
8.2.5. Eaton
8.2.6. Hitachi Automotive Systems, Ltd.
8.2.7. JTEKT Corporation
8.2.8. Meritor, Inc.
8.2.9. Valeo
8.2.10. ZF Friedrichshafen AG
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
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American Axle & Manufacturing Inc
BorgWarner Inc.
Dana Incorporated
Denso Corporation
Hitachi Automotive Systems, Ltd.
JTEKT Corporation
Meritor, Inc.
ZF Friedrichshafen AG
Please enter your personal details below
I want to buy this report
I am willing to know the scope of research
I have customized query over this report

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