Global Automotive Transfer Case Market: Introduction
To transfer power from the power transmission system to the front and rear axles of a vehicle, a transfer case is used in multiple powered axle vehicles, four-wheel drives, and all-wheel drives. Through the use of gear, hydraulics, or chain drive, the transmission is accomplished. Since the front and rear axles rotate at various speeds due to the varying tire diameters, a transfer case is primarily employed to synchronize this rotation.
Two-wheel drive and four-wheel drive are the two operating modes for an automotive transfer case. For the driver, this feature is replaceable in off-road cars and large trucks. In contrast, the feature is permanently locked to “four-wheel drive” mode and is not selectable in other vehicle types, such as sports cars. While in some vehicles the transfer case is electrically actuated by a switch, in others it is operated with the aid of a shifter.
The primary drivers propelling expansion in the worldwide automotive transfer case market are rising fuel efficiency norms and expanding auto manufacturing. In addition, the demand for increased strength in off-road vehicles to improve overall efficiency under difficult conditions is anticipated to boost the market for automotive transfer cases globally.
Click on the link for sample report:https://www.persistencemarketresearch.com/samples/13078
Segmentation
The global automotive transfer case market is segmented on the basis of drive type, housing type, shift type, vehicle type, sales channel, and region.
On the basis of drive type, the global automotive transfer case market can be segmented into gear-driven and chain-driven. The gear-driven segment is expected to register the highest growth rate, primarily due to its increasing adoption in the production of passenger vehicles. However, the chain-driven segment is primarily driven by off-road and heavy commercial vehicles due to the increased strength it offers.
On the basis of housing type, the global automotive transfer case market can be segmented into married and divorced/ independent.
Based on shift type, the global automotive transfer case market can be segmented into MSOF (Manual Shift on the fly) transfer case and ESOF (Electronic shift on the fly) transfer case.
Click on the link for customized report:https://www.persistencemarketresearch.com/request-customization/13078
On the basis of vehicle type, the global automotive transfer case market can be segmented into passenger vehicles, LCVs (low commercial vehicles), HCVs (heavy commercial vehicles), buses & trucks, and off-road vehicles.
Regional Outlook
Asia pacific is expected to hold the largest market share over the forecast period, primarily due to rising automobile production in the region. Second to Asia Pacific, Europe is expected to take the lead in terms of market share in the global automotive transfer case market.
Competition Landscape
Examples of some industry participants identified in the global automotive transfer case market are Magna International Inc., GKN plc, BorgWarner Inc., American Axle & Manufacturing Inc., Meritor Heavy Vehicle Systems LLC, Marmon Group, Hyundai Dymos Inc., Fabco Automotive Corporation And Univance Corporation. OEMs forming strategic alliances with major automotive vehicle manufacturers to increase their market penetration is a key trend identified across the market.
Frequent product development to aid vehicle manufacturers in achieving stringent fuel efficiency standards is identified as a key factor to hold long term contracts in the competitive environment.
The report covers exhaustive analysis on:
- Global Automotive Transfer Case Market Segments
- Global Automotive Transfer Case Market Dynamics
- Historical Actual Market Size, 2013 – 2015
- Global Automotive Transfer Case Market Size & Forecast 2016 to 2026
- Supply & Demand Value Chain
- Global Automotive Transfer Case Market Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
- Global Automotive Transfer Case Market Drivers and Restraint
Click on the link for report methodology:https://www.persistencemarketresearch.com/methodology/13078
Regional analysis
- North America
- US & Canada
- Latin America
- Brazil, Argentina & Others
- Western Europe
- EU5
- Nordics
- Benelux
- Eastern Europe
- Russia
- Poland
- Rest of Eastern Europe
- Asia Pacific
- Australia and New Zealand (ANZ)
- Greater China
- India
- ASEAN
- Rest of Asia Pacific
- Japan
- Middle East and Africa
- GCC Countries
- North Africa
- South Africa
- Rest of MEA
Click on the link to talk to an expert:https://www.persistencemarketresearch.com/ask-an-expert/13078
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics of the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and product offerings
- Potential and niche segments/regions exhibiting promising growth
- A neutral perspective towards market performance
- Must-have information for market players to sustain and enhance their market footprint
Persistence Market Research, as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact us:
Persistence Market Research
Address – 305 Broadway, 7th Floor, New York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com