Limited slip differential is a type of differential that is preferred over conventional differential. Limited slip differentials are also known as LSD. Limited slip differential allows two different output shaft to rotate at different speed however limits the maximum difference between them. Limited slip differentials eliminates the uneven power distribution in the vehicles. which tends to apply more rotational drivetrain energy to the wheel that has less grip. Basically, Limited Slip Differential reduces the difference in rotation between right & left wheel during turning the vehicle. Moreover, Limited Slip Differential are primarily used in high performance vehicles in order to improve cornering behavior and stability of the vehicles.
MARKET DYNAMICS
Increasing demand for high performance vehicles is expected to drive the growth of the market in the forecast period. Rise in the adoption of electric vehicles may hinder the growth of the market during the forecast period.
MARKET SCOPE
The "Global Automotive Limited Slip Differential Market Analysis to 2028"? is a specialized and in-depth study of the automotive limited slip differential market with a special focus on the global market trend analysis. The report aims to provide an overview of automotive limited slip differential market with detailed market segmentation by type, application. The global automotive limited slip differential market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automotive limited slip differential market player and offers key trends and opportunities in the automotive limited slip differential market.
MARKET SEGMENTATION
The global automotive limited slip differential market is segmented on the basis of type, application. On the basis of type, market is segmented as mechanical LSD, electronic LSD, others. On the basis of application, market is segmented as sedan and hatchback, SUV and pickup trucks.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automotive limited slip differential market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automotive limited slip differential market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automotive limited slip differential market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automotive limited slip differential market in these regions.
MARKET PLAYERS
The reports cover key developments in the automotive limited slip differential market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automotive limited slip differential market are anticipated to lucrative growth opportunities in the future with the rising demand for automotive limited slip differential market. Below mentioned is the list of few companies engaged in the automotive limited slip differential market.
The report also includes the profiles of key automotive limited slip differential market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Drexler Automotive GmbH
- JTEKT Corporation
- Eaton
- BorgWarner Inc.
- ZF Friedrichshafen AG
- Linamar Corporation
- Schaeffler Technologies AG and Co. KG
- Dana
- American Axle and Manufacturing Inc
- GKN Automotive Limited
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.