Global Automotive Transfer Case Industry

Global Automotive Transfer Case Industry

  • April 2021 •
  • 275 pages •
  • Report ID: 5956038 •
  • Format: PDF
Abstract:
- Global Automotive Transfer Case Market to Reach $19.5 Billion by 2027
- Amid the COVID-19 crisis, the global market for Automotive Transfer Case estimated at US$11.3 Billion in the year 2020, is projected to reach a revised size of US$19.5 Billion by 2027, growing at aCAGR of 8.1% over the period 2020-2027. Manual Shift On-the-Fly, one of the segments analyzed in the report, is projected to record 7.1% CAGR and reach US$11 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Electronic Shift On-the-Fly segment is readjusted to a revised 9.6% CAGR for the next 7-year period.
- The U.S. Market is Estimated at $3.3 Billion, While China is Forecast to Grow at 12.5% CAGR
- The Automotive Transfer Case market in the U.S. is estimated at US$3.3 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$3.9 Billion by the year 2027 trailing a CAGR of 12.5% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 7.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 5.3% CAGR.

- Select Competitors (Total 44 Featured) -
  • Aisin Seiki Co., Ltd.
  • American Axle & Manufacturing Inc.
  • BorgWarner, Inc.
  • Magna International, Inc.
  • ZF Friedrichshafen AG