Global Automotive Transfer Case Market 2018-2022 - Increasing Demand for 6x2 Axle Configuration is a Major Market Driver - ResearchAndMarkets.com

DUBLIN--()--The "Global Automotive Transfer Case Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

Global automotive transfer case market expected to grow at a CAGR of 5.88% during the period 2018-2022.

'Global Automotive Transfer Case Market 2018-2022' has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is electrification of the drivetrain. OEMs are replacing heavy mechanical parts with electronic components to increase fuel economy, limit emissions, and reduce maintenance. The US Department of Transportation (DoT) has imposed strict regulations, such as Corporate Average Fuel Economy (CAFE) standards, on automotive OEMs to increase the fuel economy of commercial and personal vehicles. The average 4WD and AWD vehicles are estimated to reduce almost 1 mpg of EPA fuel economy rating due to their respective amounts of fuel consumption. OEMs are under pressure to increase their vehicle's fuel efficiency and maintain the strict fuel consumption standards.

According to the report, one of the major drivers for this market is the increasing demand for 6x2 axle configuration. In recent times, 6x2 axles have gained popularity in the commercial vehicle segment. Trucks having 6x2 axle configuration is expected to consume 3% less fuel. New generation 6x2 axle trucks can carry the same amount of load as much as their 6x4 counterparts. Moreover, advanced electronic controls like automatic traction control and load transferring mechanisms improve the traction provided by 6x2 axle trucks matching the traction offered by their 6x4 counterparts.

Key Vendors

  • AISIN SEIKI
  • American Axle & Manufacturing
  • BorgWarner
  • Magna International
  • ZF Friedrichshafen

Key Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Customer Landscape

9. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/sngk4p/global_automotive?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive Drivetrain and Transmission Components

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Automotive Drivetrain and Transmission Components