Global Commercial Vehicle Transfer Case Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Commercial Vehicle Transfer Case Market.
Companies Mentioned are American Axle & Manufacturing, GKN, ZF Friedrichshafen, CARDONE, BorgWarner, Dorman, Magna International, Powertrain Industries, and UNIVANCE
The global Commercial Vehicle Transfer Case market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Major points covered in Global Commercial Vehicle Transfer Case Market 2017 Research are:-
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global Commercial Vehicle Transfer Case market?
- What are the key market trends impacting the growth of the global Commercial Vehicle Transfer Case market?
- What are the challenges to market growth?
- Who are the key vendors in the global Commercial Vehicle Transfer Case market?
- What are the market opportunities and threats faced by the vendors in the global Commercial Vehicle Transfer Case market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global Commercial Vehicle Transfer Case market?
This independent 78 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Commercial Vehicle Transfer Case market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Commercial Vehicle Transfer Case in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.
The report provides a basic overview of the Commercial Vehicle Transfer Case industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.
Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Commercial Vehicle Transfer Case industry development trends and marketing channels are analyzed.
The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Commercial Vehicle Transfer Case on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Commercial Vehicle Transfer Case Market and assist manufacturers and investment organization to better grasp the development course of Commercial Vehicle Transfer Case Market.
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Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is electrification of automotive drivetrain. OEMs are replacing heavy mechanical parts with electronic components to increase fuel economy, limit emissions, and reduce maintenance. The US Department of Transportation (DOT) has imposed strict regulations, such as Corporate Average Fuel Economy (CAFE) standards on automotive OEMs to increase fuel economy of commercial and personal vehicles. The average 4WD and AWD vehicles are estimated to reduce almost 1 mpg of EPA fuel economy rating due to their respective amounts of fuel consumption. OEMs are under pressure to increase their vehicle’s fuel efficiency and maintain the strict fuel consumption standards.”
According to the report, one of the major drivers for this market is demand for 6×2 axle trucks to drive value for transfer cases. 6×2 axle’s configuration involves six wheels and three axles. However, only one rear tandem axle will be powered by the engine while the other rear axle is considered ‘dead’. Dead axle configuration offers better fuel efficiency, decreased maintenance costs, stable operations, and better weight distribution. Transfer cases are specifically built for 6×2 configurations as these would be required to withstand tremendous rotating power of the engine to the single rear axle, which is powered by the engine, and increased weight due to the additional load of freight. The increase in the sales of 6×2 commercial trucks will drive the market for transfer cases used in these trucks.
Further, the report states that one of the major factors hindering the growth of this market is improperly balanced propeller shafts to reduce efficiency of transfer case. An unbalanced and heavy propeller shaft would cause serious vibrations upon rotations, which would adversely affect the effectiveness of a transfer case. Propeller shafts are used for transferring engine torque from the transfer case to the rear wheels. A vibrating propeller shaft would reduce the amount of engine power being transferred from the transfer case to the rear wheels and thereby increase chances of breakage and vehicle breakdown. Heavyweight single piece propeller shaft causes a significant amount of sag when rotations reach optimum levels. This contributes to increased amount of vibrations within the drivetrain system. Increasing vibration levels decrease the quality and life of propeller shaft, thereby causing it to break upon exceeding optimal levels of rotations.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.