Automotive differential housings are used to align and support differential assemblies. The differential assemblies are used in order to control the speed of the vehicle while turning where in the automotive differential housings are used to provide a cover or enclose the differential gear systems.
Automotive differential housings are used in all types of automotive vehicles, where they provide support to the rear gears. Depending on the nature of the usage of the vehicle, automotive differential housings are made from different materials. Depending on the material type, automotive differential housings are classified into cast iron and ductile iron automotive differential housings.
Cast iron automotive differential housings are hard and brittle and provide high structural rigidity, corrosion resistance and sound absorbance. Ductile iron automotive differential housings are two times stronger than automotive differential housings made from cast iron.
Ductile iron automotive differential housings offer high resistance to fracture, high fatigue strength and are good at shock and impact loading. Some electrical vehicles have electronic differentials which find very limited usage of automotive differential housings. Automotive differential housings find applications in racing vehicles too.
The growth in the production of off road vehicles is expected to boost the sales of automotive differential housings. The growth in the sales and production rate of passenger cars is also expected to drive the automotive differential housing market. Good mechanical properties exhibited by automotive differential housings are expected to boost the installation of automotive differential housings in racing vehicles as well.
However, high installation cost and repair cost of automotive differential housing may hinder the growth of the market and slow down the sales of automotive differential housing in the market. Higher life span of the automotive differential housings is expected to slow down the sales growth of automotive differential housings in coming years.
North America region has been one of the prominent markets in the automotive industry. Automotive differential housing sales are expected to witness sound growth in the North America region owing to the growth of the automotive industry being witnessed in the region. The European region is showing good potential growth for the sales of automotive vehicles in recent years.
The sales of vehicles in the European region is expected to drive the market of automotive differential housing in near future. China and India have shown appreciable growth in the automotive industry, both in terms of sales and production. The growth of the automotive industry in India and China is expected to boost the sales of automotive differential housings in these countries.
The Middle East and Africa region has a moderately growing automotive industry and thus, the growth of the automotive housing market in the region will be mediocre.
Latin America region has witnessed sound growth in the sales of automotive vehicles in recent years, which is expected to boost the sales of automotive differential housings in the region.
The moderate growth of the automotive industry in the Latin America region is also expected to help in the growth of automotive differential housings market. Japan, with its moderately growing automotive industry, is expected to push the growth of automotive differential housing in the coming years.
South East Asia region will witness sturdy growth in the automotive industry during the forecast period, which in turn, is expected to push the sales of automotive differential housings in near future.
Some of the participants identified across the value chain of the automotive differential housing market are:
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The automotive differential housing can be segmented on the basis of vehicle type into:
The automotive differential housing can be segmented on the basis of material into:
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