Limited Slip Differential Market Size - By Product (Mechanical, Electronic, Torsen), By Application (Performance Vehicles, Off-Road Vehicles, Passenger Vehicles), By Sales Channel (Aftermarket, OEM), Growth Prospects, Regional Outlook & Forecast, 2024 - 2032

Aisin Seiki, American Axle & Manufacturing Inc., BorgWarner, Dana Incorporated, Eaton Corporation, GKN Automotive, JTEKT, Linamar, Schaeffler AG, Yukon Gear & Axle, and ZF Friedrichshafen AG, are some of the major limited slip differential companies worldwide.

Asia Pacific market held over 44% revenue share in 2023, attributed to the presence of renowned automotive manufacturing countries including China with leading production volumes in the region.

The market size of limited slip differential reached USD 5.1 billion in 2023 and is set to witness 11% CAGR from 2024 to 2032, owing to the growth of the automotive industry and increasing number of vehicles on the road worldwide.

The mechanical LSD segment recorded over 68% of the market share in 2023, due to their capability to enhance traction by directing power to the wheel with the highest grip.