Automotive Differential Market to witness growth by 2028 | Drivers and Opportunities| Key player Analysis GKN plc, Eaton, JTEKT Corporation, Neapco

Global Automotive Differential market is accounted for $18.75 billion in 2020 and is expected to reach $31.50 billion by 2028 growing at a CAGR of 6.7% during the forecast period. Increase in demand for commercial & heavy-duty vehicles, Increase in demand for luxury and sport utility vehicles (SUV) vehicles and need of better traction on roads are the major factors driving the market growth.

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By geography, Asia Pacific is going to have high growth during forecast period due to increased popularity of off-road vehicles and sports cars in this region.

Some of the key players profiled in the Automotive Differential Market include GKN plc, Eaton, Auburn Gear, LLC, AAM, Auburn Gear, Powertrax, The Schaeffler Technologies AG & Co. KG, Jiangsu Pacific Precision Forging Co., Ltd. (PPF), JTEKT Corporation, Neapco and Dana Limited.

Drive Types Covered in Automotive Differential Market
• Front Wheel Drive (FWD)
• Rear Wheel Drive (RWD)
• All Wheel/Four-Wheel Drive (AWD/4WD)

Differential Types Covered:
• Anti Slip Differential
• Double Worm Differential
• Electronic Limited Slip Differential (ELSD)
• Limited Slip Differential (LSD)
• Locking Differential
• Open Differential
• Torque Vectoring Differential
• Torsen Differential

Components Covered:
• Differential Bearing
• Differential Case
• Differential Gear
• Differential Pin

Propulsion Types Covered:
• Internal Combustion Engine (ICE)
• Hybrid Vehicle
• Electric Vehicle

Vehicle Types Covered:
• Passenger Car (PC)
• Commercial Vehicle
• Electric Vehicle
• Truck
• Bus
• Off Highway Vehicle

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