Automotive Differential Market to Reach $23.7 Billion by 2027
The automotive differential market is projected to reach USD 23.7 billion by 2027 from USD 20.0 billion in 2022, at a CAGR of 3.5%. The increase in demand for light commercial and heavy commercial vehicles, increased investment in infrastructure to boost the demand for construction equipment, and hence, the differential has led to the growth of the automotive differential market.
With the rising...
Automotive Differential Market Expected to Reach $23.7 Billion by 2027
The global automotive differential market is projected to grow at a CAGR of 3.5% during the forecast period, from an estimated market size of USD 20.0 billion in 2022 to USD 23.7 billion by 2027.
The automotive differential market growth is influenced by factors such as the demand for SUVs/MUVs & premium cars and an increase in preference for AWD/4WD vehicles. Rising per capita disposable income...
Automotive Differential Market Trends, Indication & Forecast to 2025
The report “Automotive Differential Market by Type (Open, Locking, LSD, ELSD, Torque Vectoring), Drive Type (FWD, RWD, AWD/4WD), ICE & Hybrid Vehicle, Off-Highway (Construction & Mining, Ag Tractor, Forklift), Component Aftermarket and Region – Global Forecast to 2025“The global automotive differential market post-COVID-19 is projected to grow at a CAGR of 4.7% from 2020...
Automotive Differential Market Size, Analytical Overview, Growth Factors, Demand, Trends and Forecast to 2025
The Automotive Differential Market size, by value, is estimated to be USD 18.4 billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe have impacted the automotive differential market. Despite this, owing to increase installation of automotive electronics and increasing demand for comfort...
Automotive Differential Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025
The Automotive
Differential Market size, by value, is estimated to be USD 18.4
billion in 2020 and is projected to reach USD 23.2 billion by 2025, at a CAGR
of 4.7% from 2020 to 2025. However, halt in vehicle production across the globe
have impacted the automotive differential market. Despite this, owing to
increase installation of automotive electronics and increasing demand for
comfort...