The electronic locking differential is a device housed in the rear axle that allows both rear wheels to turn at the same speed. The electronic locking differential provides additional traction should your vehicle become stuck.
This report contains market size and forecasts of Electronic Locking Differential in global, including the following market information:
Global Electronic Locking Differential Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electronic Locking Differential Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electronic Locking Differential companies in 2021 (%)
The global Electronic Locking Differential market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Front Wheel Drive(FWD) Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electronic Locking Differential include Eaton, ZF Group, Dana Incorporated, American Axle, BorgWarner, GKN, Hyundai Wia, JTEKT and Linamar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electronic Locking 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 Electronic Locking Differential Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electronic Locking Differential Market Segment Percentages, by Type, 2021 (%)
Front Wheel Drive(FWD)
Rear Wheel Drive (RWD)
All-wheel drive (AWD)/Four Wheel Drive (4WD)
Global Electronic Locking Differential Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electronic Locking Differential Market Segment Percentages, by Application, 2021 (%)
Passenger Car
Commercial Vehicle
Global Electronic Locking Differential Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electronic Locking 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 Electronic Locking Differential revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electronic Locking Differential revenues share in global market, 2021 (%)
Key companies Electronic Locking Differential sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electronic Locking Differential sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Eaton
ZF Group
Dana Incorporated
American Axle
BorgWarner
GKN
Hyundai Wia
JTEKT
Linamar
Mitsubishi Group
Showa Corporation
Metaldyne Performance Group