Automotive Differential Market Top Key Players - GKN Automotive, BorgWarner Inc, Eaton, ZF Friedrichshafen AG, Dana, Schaeffler Technologies AG & Co. KG, Continental AG

A differential is a gear train with three shafts with a distinguished feature that the rotational speed of a shaft is the average of the speeds of the others. In automotive, the differential allows the outer drive wheel to rotate faster than the inner drive wheel during a turn. This is necessary when the vehicle turns, making the wheel that is traveling around the outside of the turning curve roll farther and faster than the other.

For hybrid all-wheel drive, on vehicles such as the Volvo XC90, the software control must also take care of details like the damping of any noise or vibrations, determining the quality of the system integration and drivetrain optimisation. Therefore, advancements in the differential market will see progress even with hybrid vehicles becoming more and more popular.

The quality of the systems integration, how well the software controls in different vehicle systems work together, is a big part of any hybrid or electric vehicle’s driving experience. Software control for an all-wheel drive (AWD) or electric drive system governs more than just the traction: it directly influences the vehicle dynamics, the CO2, the complete driving experience.

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AUTOMOTIVE DIFFERENTIAL MARKET DYNAMICS

Lucrative demand for all-wheel drive automotive, rise in per capita income in many countries resulting in the sale of passenger vehicles along with the rise in the global standards of living will drive the automotive differential market size.

Furthermore, the need for better traction on roads and fuel efficiency will be significant factors that drive the growth of the automotive differential market. In the year 2018, India became the fourth largest automobile industry in the world, with increase in sales of 9.5% year-on-year to 4.2 million units. Passenger car technology in India will evolve from combustion engines to hybrid vehicles and eventually to electric vehicles.

MARKET SEGMENTATION
• By Drive Type
o Front wheel drive
o Rear wheel drive
o All wheel drive

• By Type of Differential
o Open Differential
o Electronic Limited Slip Differential: Electronic limited slip differential provides a vehicle with increased traction and can be extremely beneficial on wet or dry roads, providing improved handling for high-performing vehicles.
o Locked Differential
o Torque Vectoring Differential

• By vehicle type
o Passenger cars
o LCV
o HCV

MARKET PLAYERS

• GKN Automotive: is one of the pioneers in automotive driveline technology, and 50% of all cars sold every year contain GKN’s driveline technology.

• BorgWarner Inc: is an American automotive components and parts supplier and in fact provides driveline components to all the 3 major American OEMs. 72% of BorgWarner’s sales are in the light vehicle segment. BorgWarner said it is passionate about inventing the next ground-breaking technology to improve handling, traction and stability to front wheel drive vehicles.

• Eaton: is an American-Irish manufacturer of electrical and industrial products. In terms of differential, their Limited slip differential was the most successful and widely used differential during the time.

• ZF Friedrichshafen AG: is a German car parts manufacturer and their differential for SUV application was the most widely used differential during the year 2018. They are also a leader in manufacture and supply of transmission systems, especially to vast majority of public transport systems in Europe.

• Dana
• Schaeffler Technologies AG & Co. KG
• Continental AG
• JTEKT Corporation
• American Axle & Manufacturing Inc.
• Linamar Corporation

MERGERS AND ACQUISITIONS
• In January 2020, BorgWarner and Delphi Technologies announced that BorgWarner will acquire Delphi for $3.3 billion to expand its ability to supply hybrid and electric vehicles.

• In late 2007, Eaton acquired the MGE Office Protection Systems division of Schneider Electric, because of Schneider’s acquisition of APC. A Taiwanese manufacturer, Phoenixtec, was also acquired giving the company the highest share in the Chinese single-phase UPS market.

CONCLUSION
Automotive differentials are seeing a changing landscape with the introduction of hybrid as well as electric vehicles. Large scale usage of electric vehicles currently remains the top threat for the automotive differential market. AWD segments are expected to a rise in number and sales and therefore this segment is a promising sector for differentials.

COMPANIES PROFILED
GKN Automotive
BorgWarner Inc
Eaton
ZF Friedrichshafen AG
Dana
Schaeffler Technologies AG & Co. KG
Continental AG
JTEKT Corporation
American Axle & Manufacturing Inc.
Linamar Corporation

Read More Information: https://mobilityforesights.com/product/automotive-differential-market/

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