Global Commercial Vehicle Transfer Case Industry

Global Commercial Vehicle Transfer Case Industry

  • October 2022 •
  • 221 pages •
  • Report ID: 5956410 •
  • Format: PDF
Abstract:

What’s New for 2022??

Global competitiveness and key competitor percentage market shares

Market presence across multiple geographies - Strong/Active/Niche/Trivial

Online interactive peer-to-peer collaborative bespoke updates

Access to our digital archives and MarketGlass Research Platform

Complimentary updates for one yearGlobal Commercial Vehicle Transfer Case Market to Reach 12.8 Million Units by 2027
- In the changed post COVID-19 business landscape, the global market for Commercial Vehicle Transfer Case estimated at 10.4 Million Units in the year 2020, is projected to reach a revised size of 12.8 Million Units by 2027, growing at aCAGR of 3% over the period 2020-2027. LCV, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach 9 Million Units by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the M&HCV segment is readjusted to a revised 2.2% CAGR for the next 7-year period.
- The U.S. Market is Estimated at 5 Million Units, While China is Forecast to Grow at 4.3% CAGR
- The Commercial Vehicle Transfer Case market in the U.S. is estimated at 5 Million Units in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of 2.2 Million Units by the year 2027 trailing a CAGR of 4.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2% and 2.4% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2% CAGR.

Select Competitors (Total 32 Featured)
BorgWarner Inc.
Cardone Industries, Inc.
Dana Limited
Dorman Products
GKN Automotive Limited
Hyundai Transys Lear Automotive India Private Limited
Magna International Inc.
Meritor, Inc.
Powertrain Industries
Schaeffler Technologies AG & Co. KG
Univance Corporation
ZF Friedrichshafen AG