Demand For Sports And Luxury Cars And Enhanced Power Efficiency And Automotive Solutions: A Comprehensive Guide To Top Limited Slip Differential Manufacturers

A Limited Slip Differential (LSD) is a differential gear train that enables two output shafts to rotate at varying speeds. However, this device reduces the maximum difference between these shafts. An LSD finds major use in sports cars and other high-performance vehicles as they avoid wheelspin under hard acceleration or while turning a corner at high speed. One of the major advantages of this device is that it enhances the power efficiency of a vehicle, boosts traction control, and offers better turning performance. It also improves a driver’s ability to control the vehicle.

Many automakers are increasing their production of sports cars as the number of people participating in recreational activities, such as car racing is growing every year. For instance, LOTUS, a British carmaker, announced that it had manufactured a record 2,200 sports cars in the first half of 2023. Moreover, an increasing number of customers are opting for vehicles that offer efficient performance to enhance their overall driving experience. These factors are expected to fuel the demand for limited slip differentials.

Fortune Business Insights has stated that the market for limited slip differential is predicted to be valued at USD 9.23 billion by 2030, recording a CAGR of 12.39% during the forecast period of 2023-2030. The market stood at USD 3.76 billion in 2022 and USD 4.08 billion in 2023. One of the major trends helping this industry grow is the increasing investments by key limited slip differential manufacturers in their research & development programs to develop electronic limited slip differentials. Top limited slip differentials manufacturers are launching electronic differentials equipped with innovative technologies to increase their flexibility while operating in on-road and off-road driving environments. Such differentials can also offer the required comfort and stability while driving, thereby enhancing the driver’s experience.

Below are the Top 5 Limited Slip Differential Manufacturers:

American Axle & Manufacturing, Inc.

American Axle & Manufacturing Inc. is a renowned supplier of automotive and mobility solutions. The firm designs and manufactures driveline and metal-forming technologies for electric and hybrid vehicles and IC engines. The company has its headquarters in Detroit, with a notable presence in more than 18 countries and has over 80 manufacturing facilities. American Axle & Manufacturing, Inc. also focuses on creating cutting-edge automotive components for Battery Electric Vehicles (BEVs) to cater to the growing demand for these automobiles.

November 2021: American Axle & Manufacturing’s TracRite differentials were chosen for the GMC HUMMER EV to provide more stability & handling, better vehicle traction, and improved performance.

Dana Limited

Dana Limited is one of the prominent producers of drivetrains and electric propulsion systems. The company is involved in the engineering, production, and distribution of power conveyance and energy management solutions for modern vehicles. Dana has a wide range of business segments, such as off-highway, light-vehicle, power management technologies, and commercial vehicles. It also supplies different types of differentials to boost vehicle performance. The firm has its presence in 33 countries and has around 150 major production and technical centers. Dana has plans to expand its business operations in promising regions, such as Asia Pacific.

February 2023: Dana Limited entered a cooperation agreement with the Xishan district government of China to construct its R&D and production headquarters in Wuxi, China. This partnership is expected to help Dana acquire new businesses.

Eaton Corporation PLC

Eaton Corporation PLC (Eaton) is one of Ireland’s reputed power management companies. The firm functions through a wide variety of business segments, such as electrical global, electrical Americas, hydraulics, aerospace, and e-mobility. Eaton also provides different vehicle parts and accessories through its vehicle business unit and offers eco-friendly solutions that helps its customers manage mechanical, hydraulic, and electrical power effectively and safely. The company has around 92,000 employees working in 60 countries and sells its products to customers in over 175 countries.

August 2021: Eaton Corporation revealed that its vehicle group had introduced its extensive range of specialized differentials for electric vehicles, which will perform as well as the ones installed in ICE vehicles. Eaton confirmed that its traction control range of differentials can offer improved traction in extreme conditions and better trailering stability.

JTEKT Corporation

JTEKT Corporation is a leading manufacturer of automotive systems and components in Japan. The company deals in the design, production, and promotion of steering systems, driveline components, bearings, machine tools, home accessory equipment, and electronic control devices. It has around 50,000 employees in 150 subsidiaries in 30 countries and regions. Japan is JTEKT’s biggest end market. However, it also records major sales in North America, Europe, and other parts of Asia. JTEKT Corporation also provides numerous low-speed differentials based on different types of Torsen. It has created advanced vehicle components to boost the development of new vehicles.

October 2021: Toyota Motor Corporation’s brand new ‘Land Cruiser’ was unveiled and came with a limited slip differential produced by JTEKT Corporation. JTEKT’s TORSEN LSD Type-C, TORSEN LSD Type-B, and 3^rd Generation Tapered Roller Bearing Hub Unit were deployed in the Japanese automaker’s new car.

GKN Automotive

GKN Automotive is one of the most well-known limited slip differential manufacturers of drive systems that has its headquarters in the U.K. It is also a global leader in automotive technology that pioneered the development of electric drive systems and continues its endeavor to provide next-gen transportation technology. GKN also delivers its parts and equipment to several leading vehicle OEMs across the world. The company also supplies its driveline technologies to its aftermarket customers as well. It has 51 production plants and 6 technology centers in 20 countries across the world.

December 2021: GKN Automotive introduced an innovative research center project to create cutting-edge e-drive technologies for the upcoming models of electric vehicles in the U.K. This move was aimed at meeting the governments’ and customers’ zero-emission goals.

What is the future of the limited slip differential industry?

The demand for sports and luxury cars is rising every year and this trend is expected to grow in the future as well, as customers are gaining more financial stability with their rising disposable incomes. Moreover, the production of electric cars is also growing at a notable pace to help governments and customers reduce their carbon emissions and meet their zero-emission targets. This scenario will create a favorable environment for this industry to grow in the coming years.