Automotive Power Differential Market SWOT Analysis and Opportunities To 2027
Automotive power differential is a system that is used to vary the speed of the inner and outer wheels of the vehicle, while turning, as the outer wheel of the vehicle needs to travel a longer distance as compared to the inner wheels. Automotive power differential consist of a set of gears to transfer the drive according to the requirement, usually it transfers more drive to the half shaft experiencing lower frictional forces while taking a turn. Two-wheel drive vehicles contain a single power differential unit mounted on the driving axle of the vehicle; however, in four-wheel drive vehicles, the number of the power differential gets doubled due to presence of more driving axles. Increasing production of vehicles coupled with the increasing demand for multi utility vehicles and crossovers is expected to drive the automotive power differential market at a significant growth rate. The rising trend of off-road vehicles is also likely to boost the automotive power differenti...