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Automotive Differential Market Share

  • Report ID: GMI5862
  • Published Date: May 2023
  • Report Format: PDF

Automotive Differential Market Share

Some major players operating in the automotive differential industry are

  • GKN Automotive
  • Eaton Corporation
  • ZF Friedrichshafen AG
  • Borgwarner Inc
  • AAM (American Axle & Manufacturing)
  • Dana Incorporated
  • Magna International Inc.
  • AVL List GmbH
  • Timken Company

These players are focused on strategic partnerships and new product launches & commercialization for market expansion. They are heavily investing in research to introduce innovative solutions and garner maximum revenue in the market.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive differential exceeded USD 22 billion in 2022 and will witness 4% CAGR from 2023 to 2032 due to the rising popularity of commercial vehicles and heavy-duty trucks

The passenger vehicle segment recorded 55% of the automotive differential industry size in 2022 owing to the increasing need for convenience, safety, and improved driving experience.

Asia Pacific held 35% of the industry share in 2022 driven by the growing R&D investments and the influx of favorable government policies.

The industry size from the electric propulsion segment is estimated to observe 10% growth till 2032 led by the rising demand for sustainable transportation worldwide.

Key firms operating in the automotive differential industry are GKN Automotive, Eaton Corporation, ZF Friedrichshafen AG, Borgwarner Inc, AAM (American Axle & Manufacturing), Dana Incorporated, Magna International Inc., AVL List GmbH, and Timken Company

Automotive Differential Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 20
  • Tables & Figures: 311
  • Countries covered: 18
  • Pages: 250
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