1 / 2

AWD system to be the fastest growing segment of the transfer case market

The all-wheel drive (AWD) market is estimated to be the largest market for transfer case during the forecast period. Asia Pacific is estimated to witness the fastest growth for the AWD and 4WD markets. With the majority of SUVs and premium sedans offering AWD, the transfer case market for AWD is estimated to be larger as compared to 4WD.. A modern smart AWD offers several advantages over 4WD such as an automotive shift from 2WD to 4WD or vice versa as per the road requirement.

vicky214
Download Presentation

AWD system to be the fastest growing segment of the transfer case market

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Increasing Sales of SUV and Premium Sedans to Fuel the Market Demand for Transfer Case Market The report "Transfer Case Market by Drive Type (Chain, Gear Driven), Shift Type (Electronic, Manual), Type (AWD, 4WD), Off-Highway (Construction Equipment, Farm Tractor), Ice & Hybrid Vehicle (Passenger Car, LCV, HCV, HEV, PHEV), and Region - Global Forecast to 2025", is estimated to be USD 9.79 Billion in 2017 and is projected to reach USD 20.33 Billion by 2025, at a CAGR of 9.56% during the forecast period. The market is primarily driven by the increased sales of SUVs and premium sedans across the globe. These vehicles are equipped with AWD systems and offer benefits such as better traction in extreme weather or surface conditions, skid resistance, and better maneuverability. Browse 91 market data Tables and 56 Figures spread through 147 Pages and in-depth TOC on "Transfer Case Market by Drive Type (Chain, Gear Driven), Shift Type (Electronic, Manual), Type (AWD, 4WD), Off-Highway (Construction Equipment, Farm Tractor), Ice & Hybrid Vehicle (Passenger Car, LCV, HCV, HEV, PHEV), and Region - Global Forecast to 2025" https://www.marketsandmarkets.com/Market-Reports/automotive-transfer-case-market-113155645.html Early buyers will receive 10% customization on reports. AWD system to be the fastest growing segment of the transfer case market The all-wheel drive (AWD) market is estimated to be the largest market for transfer case during the forecast period. Asia Pacific is estimated to witness the fastest growth for the AWD and 4WD markets. With the majority of SUVs and premium sedans offering AWD, the transfer case market for AWD is estimated to be larger as compared to 4WD.. A modern smart AWD offers several advantages over 4WD such as an automotive shift from 2WD to 4WD or vice versa as per the road requirement. Construction equipment transfer case market is estimated to be the largest market in the off-highway segment The report classifies the off-highway transfer case market into construction equipment and farm tractors. The transfer case market for construction equipment is estimated to be the largest in the off-highway segment. Construction equipment with AWD or 4WD have better traction. Some of the different types of construction equipment which offer AWD or 4WD are backhoe loaders, articulated haulers, and wheel loaders. Some examples of models with transfer case are Caterpillar 434F2, 12 M2 AWD, Volvo A30D with D10 engine, and Komatsu WA320-7. The four-wheel drive is offered in tractors with a power output of >100 HP. Request for a customized report The chain driven transfer case is estimated to be the fastest growing segment of the transfer case market. Chain driven transfer cases have replaced gear driven transfer cases as they are lighter in weight and offer quiet operation and smooth transmission. However, gear driven transfer cases are used in construction equipment, farm tractors, and on- road heavy commercial vehicles such as garbage truck and military trucks. The report classifies the off-highway transfer case market into construction equipment and farm tractors. The transfer case market for construction equipment is larger as compared to farm tractors. Some of the different types of construction equipment that offer AWD or 4WD are backhoe loaders, articulated haulers, and wheel loaders, among

  2. others. Some examples of models equipped with transfer case are Caterpillar 434F2, 12 M2 AWD, Volvo A30D with D10 engine, and Komatsu WA320-7. The four-wheel drive is offered in tractors with a power output of >100 HP. Asia Pacific is estimated to be the largest market for transfer case owing to its huge vehicle production and increasing demand for high-performance SUVs Asia Pacific is estimated to be the largest market for transfer case. The market growth in the region can be attributed to the huge vehicle production and increasing demand for high-performance SUVs. Leading OEMs that are launching vehicles equipped with 4WD/AWD in the Asia Pacific region are Toyota, Subaru, and Mitsubishi. Subaru Forester, Mitsubishi Outlander, and Toyota RAV4 are some of the topselling SUVs in the Asia Pacifc region. OEMs such as Subaru and Mitsubishi have also offered AWD in their sedan models such as Impreza and Lancer. The transfer case market is dominated by a few global players. Some of the key manufacturers operating in the market are BorgWarner (US), Magna (Canada), GKN (UK), ZF (Germany), Aisin Seiki (Japan), Dana (US), American Axle & Manufacturing (US), JTEKT (Japan), Schaeffler (Germany), and Meritor (US) to name a few. Speak to our analyst with just a click About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact: Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

More Related