Global electronic differential system (EDS) market is anticipated to witness an exponential growth in the forecast period. Electronic differential system (EDS) is mainly designed to enhance vehicle stability by maintaining the slip ratio. EDS comprises an outer control loop and an inner control loop. In addition, the electronic differential system uses the throttle position signals, steering wheel command signal, and the motor speed signals to switch the power to each wheel so that all wheels are supplied with the torque they need.
Factors such as technological advancement, high demand for crossovers and SUVs, increasing demand from the automotive sector, increasing car sale and precise measurement of electric motor torque, growing inclination towards four wheel and all wheel drives integrated vehicles in Asian economies are likely to drive the electronic differential system market in forthcoming period.
On the other hand, the presence of substitutes, restricted sensitivity of electronic control unit (ECU) differentials through the interruption in response time actuators and time caused by sensors and the high cost are anticipated to hinder electronic differential system (EDS) market growth in future. However, EDS has double control loops to recover driving stability and safety is likely to create lucrative opportunities for the market. Globally, market is anticipated to expand at a significant CAGR in the upcoming period as the scope, product types, and its applications are increasing across the globe.
The market could be explored by type, application, and geography. North America is a leading region in the market. It is likely to maintain its dominance in the forecast period owing to factors, such as increasing demand for passenger cars, booming automotive sector in the region and acceptance of progressive technology related to four-wheel drive in countries. North America is followed by Latin American and Eastern European region and anticipated to show high growth in the years to come. Key players operating in the electronic differential system (EDS) market include Volkswagen, Fuao and Audi. The leading companies are taking up partnerships, mergers and acquisitions, and joint ventures in order to boost the inorganic growth of the industry.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Electronic Differential System (EDS) in these regions, from 2012 to 2023 (forecast), covering
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Columbia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Global Electronic Differential System (EDS) market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer; the top players including
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
• Type I
• Type II
On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Electronic Differential System (EDS) for each application, including
• Application 1
• Application 2
Research Support Specialist, USA