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Limited Slip Differential Market Share

Report ID: GMI8261
Published Date: Feb 2024
Report Format: PDF

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Limited Slip Differential Market Share

Eaton Corporation and JTEKT Corporation hold a market share of over 10% in the LSD industry. Eaton Corporation forms strategic alliances and cooperative ventures with automotive OEMs to jointly devise LSD solutions customized for vehicle platforms, drivetrain setups, and performance needs. They collaborate closely with OEM engineering teams to seamlessly integrate Eaton's LSDs into vehicle structures and ensure optimal synergy with other vehicle systems and components.

JTEKT focuses on continuous product innovation to develop LSDs with advanced features such as improved locking mechanisms, variable torque distribution, and integrated electronic control systems. This differentiation in LSD offerings with unique features and technologies, helps the company to attract customers seeking enhanced performance, reliability, and customization options.

Limited Slip Differential Market Companies

Major companies operating in the limited slip differential industry are:

Aisin Seiki
American Axle & Manufacturing Inc.
BorgWarner
Dana Incorporated
Eaton Corporation
GKN Automotive
JTEKT
Linamar
Schaeffler AG
Yukon Gear & Axle
ZF Friedrichshafen AG

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

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.

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.

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.