Commercial Vehicle Transfer Case

Commercial Vehicle Transfer Case
Global Commercial Vehicle Transfer Case Market to Reach 14.3 Million Units by 2030
The global market for Commercial Vehicle Transfer Case estimated at 11 Million Units in the year 2022, is projected to reach a revised size of 14.3 Million Units by 2030, growing at a CAGR of 3.3% over the period 2022-2030. LCV, one of the segments analyzed in the report, is projected to record 3.6% CAGR and reach 10.2 Million Units by the end of the analysis period. Growth in the M&HCV segment is estimated at 2.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at 5.3 Million Units, While China is Forecast to Grow at 4.7% CAGR
The Commercial Vehicle Transfer Case market in the U.S. is estimated at 5.3 Million Units in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of 2.5 Million Units by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.4% and 2.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.3% CAGR.Select Competitors (Total 32 Featured) - Magna International, Inc.ZF Friedrichshafen AGGKN PLCBorgWarner, Inc.American Axle & Manufacturing, Inc.Cardone Industries, Inc.GKN Aerospace Services LimitedJASPER Engines & TransmissionsAVTEC Ltd.Dorman Products, Inc.Cotta Transmission Company LLCKatsa OyKessler & Co. GmbH & Co. KGGKN Automotive LimitedPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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