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Download Free sampleThe global Limited Slip Differential (LSD) market was valued at 52.03 Million USD in 2021 and will grow with a CAGR of 5.89% from 2021 to 2027, based on Research newly published report.
The prime objective of Limited Slip Differential Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Limited Slip Differential Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
In automotive applications, a limited slip differential (LSD) is a modified or derived type of differential gear arrangement that allows for some difference in rotational velocity of the output shafts, but does not allow the difference in speed to increase beyond a preset amount. In an automobile, such limited slip differentials are sometimes used in place of a standard differential, where they convey certain dynamic advantages, at the expense of greater complexity.In the last several years, global market of limited slip differential (LSD) developed year by year, with an average growth rate of 4%. In 2016, global revenue of limited slip differential (LSD) is nearly 466 M USD; the actual production is about 1640 K units. The global average price of limited slip differential (LSD) is in the decreasing trend, from 300.3 USD/Unit in 2012 to 283.9 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years. The classification of limited slip differential (LSD) includes electronic LSD, mechanical LSD and other types, and the proportion of electronic LSD is about 75%, and the proportion is in increasing trend from 2012 to 2016.
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