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Electronic Shift on the Fly is Estimated to Hold the Largest Market Share in 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.

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Electronic Shift on the Fly is Estimated to Hold the Largest Market Share in the Transfer Case Market

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  1. 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 www.MarketsandMarkets.com

  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. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=113155645

  3. 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 Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=113155645

  4. 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 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. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=113155645

  5. 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 analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=113155645

  6. Market Ecosystem: The transfer case market ecosystem consists of transfer case manufacturers such as Magna (Canada), BorgWarner (US), GKN (UK), Aisin Seiki (Japan), and ZF (Germany). The transfer case is supplied to major OEMs in the automotive industry including Nissan (Japan), General Motors (US), Toyota (Japan), and others. Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=113155645

  7. Browse >> 91market data tables 56figures 147 pagesand in-depth TOC "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“ Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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