Vehicle differential is designed to drive a pair of wheels while allowing them to rotate at different speeds. In vehicles without a differential, such as karts, both driving wheels are forced to rotate at the same speed, usually on a common axle driven by a simple chain-drive mechanism.
This report contains market size and forecasts of Vehicle Differential in global, including the following market information:
Global Vehicle Differential Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Vehicle Differential Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Vehicle Differential companies in 2021 (%)
The global Vehicle Differential market was valued at 2557.7 million in 2021 and is projected to reach US$ 3391.9 million by 2028, at a CAGR of 4.1% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Open Differential Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Vehicle Differential include Eaton, GKN, Linamar, JTEKT, Neapco, AAM, Dana, ZF and Musashi Seimitsu, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Vehicle Differential manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle Differential Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Vehicle Differential Market Segment Percentages, by Type, 2021 (%)
Open Differential
Limited-Slip Differential
Locking Differential
Global Vehicle Differential Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Vehicle Differential Market Segment Percentages, by Application, 2021 (%)
OEM
Aftermarket
Global Vehicle Differential Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Vehicle Differential Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle Differential revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Vehicle Differential revenues share in global market, 2021 (%)
Key companies Vehicle Differential sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Vehicle Differential sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Eaton
GKN
Linamar
JTEKT
Neapco
AAM
Dana
ZF
Musashi Seimitsu
Borgwarner
Huayu
Hyundai WIA