Automotive Differential Market is Expected to Be Valued at CAGR of 6. Automotive Differential Market 2016-2020
Automotive Differential Market is Expected
to be Valued at CAGR of 6.47% during 2016-
2020: Radiant Insights, Inc
“The report covers the present scenario and the
growth prospects of the global automotive
differential market for 2016-2020.”
About Automotive Differential
The global automotive differential market is categorized as AWD market and 2WD market based on
the type of the differential mechanism installed in the vehicle. There is an increasing demand for
AWD from emerging countries such as China, India, Brazil, and South Korea. The emerging
countries are estimated to have the highest growth rate in these regions, contributing to the
growth of the global automotive differential market. The market for 2WD is declining as the
penetration in APAC, Europe, and the US has declined due to the increasing volume and growth of
AWD systems. The open differentials are increasingly being replaced by more efficient and compact
electronic limited slip differential units such as eLSD for fuel efficiency as part of vehicle
electrification trend.
the global automotive differential market to grow at a CAGR of 6.47% during the period 2016-
2020.
Browse Full Report With TOC @ http://www.radiantinsights.com/research/global-
automotive-differential-market-2016-2020
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