The "2025-2031 China Automotive Differential Assembly Industry Market Panorama Survey and Development Trend Analysis Report" (hereinafter referred to as the "Report") compiled by Zhiyan Consulting is a professional market research report in the field of China's automotive differential assembly, and is a faithful recorder and witness of the development of the automotive differential assembly industry. It aims to provide a comprehensive reference for Chinese automotive differential assembly industry manufacturers, government agencies, and industry experts to understand and grasp the development context of China's automotive differential assembly.
The report has been published annually since 2017 and has been published for eight consecutive years. The "Report" has a total of 9 chapters, from the aspects of product overview, market size, price trend, regional structure, investment value, investment suggestions, key enterprises, industrial chain analysis, design analysis, development strategy, etc., through detailed data, comprehensively summarized and reviewed the new trends and new highlights of the automotive differential assembly industry in 2023, and at the same time carried out in-depth thinking on the existing problems. A series of useful suggestions and future prospects are put forward for the next high-quality development of the automotive differential assembly industry.
The automobile differential is a transmission mechanism that can make the left and right driving wheels rotate at different speeds, and is an essential part to drive the wheels to turn differentials or force through complex road surfaces. It is mainly composed of left and right half-shaft gears, two planetary gears and gear carriers. The function is to make the left and right wheels roll at different speeds when the car turns or drives on uneven roads, that is, to ensure that the driving wheels on both sides do pure rolling motion. There are three main types of differentials: open differentials, lock-up differentials, and limited-slip differentials. At present, the most widely used and most widely used is the symmetrical bevel gear differential with low requirements for the overall industrial level. According to statistics, in 2023, the demand for automotive differential assemblies in mainland China will be 26.029 million sets, and the market size will be 5.304 billion yuan.
The upstream raw materials of the industrial chain of the automobile differential assembly industry include suppliers of basic materials such as steel, alloys, and plastics. Parts are involved in the production of differential components such as gears, bearings, and housings. Midstream assembles components produced upstream into a complete differential assembly. The differential assembly is installed in the car and becomes part of the car's drivetrain. After-sales service includes services for repairing, replacement, and upgrading differential assemblies.
Domestic manufacturers of automobile differential assemblies mainly include Haoneng Co., Ltd., Precision Forging Technology, Tianjin Tianhai, Lianhao Technology, JTEKT, Hangzhou Jietu, Natiefu, Huaxin Machinery, Jiangsu Jinka, Taizhou Jinna, etc.
Among them, Haoneng Co., Ltd. is a national high-tech enterprise mainly engaged in auto parts, specializing in the research and development, production and sales of automotive transmission system parts. In the first half of 2024, the revenue was 1.136 billion yuan, a year-on-year increase of 37.81%, of which the differential business revenue was 198 million yuan. The main business of precision forging technology is automobile differential bevel gears, motor shafts and differential assemblies for new energy vehicles, automobile transmission combined gears, automobile transmission shaft parts, etc. In the first half of 2024, the company's revenue was 1.007 billion yuan, a year-on-year increase of 6.28%, and the total business revenue was 232 million yuan, a year-on-year increase of 11.67%. Lianhao Technology is an auto parts company specializing in the production of automotive differential assemblies and parts, with a production capacity of 28 million differential gears, 7 million transmission shafts and 4 million sets of differential assemblies.
The Zhiyan consulting research team conducts in-depth analysis on the scale, industrial structure, key enterprises, and industrial development trends of China's automotive differential assembly industry, and puts forward suggestions on the problems existing in the development of the automotive differential assembly industry, providing reference for local governments, industrial chain related enterprises, and investment institutions.
Data Description:
1: The core data of this report is updated to December 2023 (the relevant financial indicators of non-listed companies in the report are affected by corporate credit approval, and there may be a certain lag), and the forecast period of the report is 2024-2031.
2: In addition to the first-hand research information and data, authoritative data sources such as the National Bureau of Statistics, China Customs, industry associations, and public reports of listed companies (prospectuses, transfer prospectuses, annual reports, inquiry reports, etc.) also constitute the data sources of this report. The first-hand data comes from the first-hand information data obtained by the research team from interviews with key enterprises in the industry, and the main interview subjects include corporate executives, industry experts, technical leaders, downstream customers, distributors, agents, distributors and upstream raw material suppliers. Secondary sources mainly include relevant industry news, company annual reports, non-profit organizations, industry associations, government agencies and third-party databases from around the world.
3: The core data of the report is based on the strict data collection, screening, processing, analysis system and independent calculation model of the Zhiyan team to ensure the accuracy and reliability of statistical data.
4: The data used in this report are all from compliance channels, and the analysis logic is based on the professional understanding of the Zhiyan team, which clearly and accurately reflects the research views of analysts.
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