Electronic Locks Market How Top Leading Companies Can Make This Smart Strategy Work 2019 - 2027

 

Automotive Electronic Lock Differential Market Introduction

The automotive electronic lock differential (E-lock differential) is an electronic, designated differential that is designed and fabricated to provide traction on-demand for drivers when needed. A switch incorporated in this system transforms the vehicle from 100% locked to entirely open differential. Normal driving can be resumed with help of this system by flipping the same switch for a second time. The e-lock differential is a highly dependable on-demand differential, having designated operation and for additional strength it has net-forged gears.

Automotive Electronic Lock Differential Market – Competitive Landscape

Key players operating in the global automotive electronic lock differential market are Eaton, GKN plc., Auburn Gear, LLC, Powertrax, Schaeffler Technologies AG & Co. KG, ZF Friedrichshafen AG, and Dana Limited.

GKN Driveline

In 2006, GKN Driveline unveiled new Electronic Differential Lock. GKN Driveline had begun production in the United States at first phase of a new electronic differential lock for two- and four-wheel-drive vehicles that offers safety and drivability.

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Eaton

The Eaton ELocker is an electronic, selectable differential designed for drivers that need traction on-demand. The ELocker's electromagnetic locking mechanism is the next generation of aftermarket differential technology. Performs as an open differential until it need more traction. Eaton ELocker is push button solution to almost any traction problem. Key features provided by this system are positive electronic lock, push button traction, and virtually maintenance free.

ZF Friedrichshafen AG

ZF Friedrichshafen AG introduced crafty solution to get the grip in off-road condition named electronic locking differential (eLSD). Unlike total mechanical differential locking, the eLSD acclimates to any real driving condition with use of smart electronic system. Key component in this system is the electromechanical actuator that works on the multi-disk package. This makes it possible to continuously and smoothly vary the differential locking torque on the driven axle within a range of 0 to 3000 Nm.

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Automotive Electronic Lock Differential Market Dynamics

Rising demand of electronic lock differential in vehicles for off-road conditions

The automotive electronic lock differential is robust, simple, and highly effective for off-road vehicles where wear of tire is not an issue. The off-road vehicles market is driven by the expansion trends witnessed in construction, mining, and agriculture sectors. Growth in the market for off-road vehicle can also be accredited to the improved automation in the agricultural field.

Most of the vehicles have four wheel drive mechanism which provide higher efficiency to any vehicle. Increasing usage of vehicles on off-road conditions is likely to boost the demand for four wheel drive type e-lock differential. Furthermore, electronic lock differential is highly effective on off-road conditions. Hence, vehicles having automotive electronic lock differential with four-wheel drive are likely to witness high demand during the forecast period.

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Economic growth of the countries across globe

Furthermore, expansion perceived by numerous economies across the world is a key factor driving the construction sector, as economic growth leads to great investment for the growth of infrastructure of the particular economies, which in turn propels the demand of equipment used in construction industry. This is likely to fuel the demand for off-road vehicles, which in turn is projected to propel the demand for the automotive electronic locking differential.

Rising demand of the passenger and commercial vehicles

Passenger vehicle is likely to lead the market as they are produced in maximum number for 2018. Passenger vehicles are followed by commercial vehicles. The passenger vehicle segment can be further sub-divided into hatchback, sedan, and SUVs. SUVs are mostly used for off-road conditions; hence, penetration of automotive electronic lock differential is likely to be higher in SUVs.

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