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Transfer Case Overview
Transfer Case Market size is forecast to reach $25.4 billion by 2026, at a CAGR of 8.7% during 2021-2026. Increased popularity of all-wheel drive vehicle (AWD vehicle) and four-wheel-drive, rising effort by automotive manufacturers to enhance fuel efficiency, the growing need of low range gears and chain drive, and increased demand for electric and hybrid vehicles are expected to accelerate the transfer case market during forecast period. In 2019, The U.S. Department of Transportation (DoT) and EPA proposed to amend the existing Corporate Average Fuel Economy (CAFE) standards to improve the safety and fuel economy of automobiles. This new amendment is likely to bring stricter regulation for automotive OEMs to minimize societal costs and reduce highway fatalities. Such regulations are likely to increase the demand for drivetrain electrification, thereby accelerating the demand for transfer case.
Report Coverage
The transfer case market report: “Transfer Case Industry Outlook– Forecast (2021-2026)”, by IndustryARC, covers an in-depth analysis of the following segments of the Transfer Case Market.
By Wheel drive Type: All-wheel drive, Four-wheel drive.
By Drive type: Chain driven, gear driven.
By Type: Manual Shift on the Fly, Electronics Shift on the Fly.
By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Off-Highway Vehicle.
By Geography - North America (U.S, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands and Others), APAC (China, Japan India, South Korea, Australia, Indonesia, Malaysia and Others), outh America(Brazil, Argentina, Chile, Colombia and others), and RoW (Middle east and Africa).
Key Takeaways
- Asia-Pacific dominates the Transfer Case industry owing to rising production of automobiles and stringent regulatory norm on reducing environmental footprints and energy consumption.
- Increasing demand for electric and hybrid vehicles, particularly for Four wheel drive, and the ban on diesel and gasoline vehicles is expected to create favorable market for transfer case in passenger vehicle segment.
- Increasing adoption of sustainable and environment friendly automotive components and implementation of stringent government regulations related to automobile emissions will increase the market demand for transfer case during forecast period.
- Sharp decline in the sales of passenger car production in United States and other developed markets will hinder the growth of transfer case market.
Transfer Case Market, By Geography, 2020
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Transfer Case Market Segment Analysis - By Type
Electronics shift on the fly transfer case is likely to register faster growth at 10.2% through 2026 due to rising deployment of advanced electrification technology in modern automobiles. The growing adoption of electric and hybrid vehicles and rising demand for safety and comfort in modern automobiles will be the key driving factors for electronics shift on the fly transfer case. With a 16-bit/ 32-bit CAN-enabled Electronic Control Unit (ECU), the electronics shift on the fly is considered to be an efficient mechanism is select between two-wheel-drive and four-wheel drive along with choosing various gear chain driven ranges. This technology also offer enhanced traction and stability as compared to its manual shift on the fly counterparts. The increased demand for luxury cars in developing countries such as India will create an opportunity for electronics shift on the fly transfer case.
Transfer Case Market Segment Analysis - By Application
Passenger vehicle is the largest segment for automotive transfer case market with a market share of approximately 55.58% in 2020. The passenger vehicle segment is also expected to grow at a CAGR of 9.35% during 2021-2026. The growing demand for luxury passenger cars, rising popularity of electric and hybrid passenger vehicles are the key driving factors for transfer case market. The sale of Electric Vehicle worldwide increased by 84% between 2017 and 2019 and reached approximately 2.5 million units in 2019. As per major auto manufacturers, approximately 8-10 new electric vehicle model is likely to be introduced during 2019 and 2020. Transfer case being widely used in electric and hybrid vehicle is likely to find enormous demand during these period.
Transfer Case Market Segment Analysis - By Geography
In 2020, APAC dominated the transfer case market with a market share of more than 33.57%, followed by North America and Europe. The economy of APAC is majorly influenced by major countries such as China and India. In these countries, the government are aggressively implementing regulatory framework to reduce the environmental footprint and fuel consumption in automobiles. According to new CAFE regulations introduced in India, the corporate average fuel consumption for each automaker are expected to be brought down to 113 CO2 gm/km by 2022 compared to the 129.8 CO2 gm/km in 2017. Stringent regulations as such will drive the usage of transfer case market in this region. Similarly, China is continuously creating opportunity for transfer case market with the increased sales of automobiles in this region. The annual production of BMW in China increased to 450,000 vehicle units from 144,274 vehicle units, since 2017 till date, from its house manufacturing plants. Along with the increase in production, the company has also invested $1.14 billion for expanding its production line for its newer four wheel drive models. As per China’s 13th Five-Year Plan, China has set target to reduce energy consumption per unit of GDP by approximately 15% between 2015 to 2020. This plan will enforce automobile manufacturers to implement new technology to achieve the same, thereby creating opportunity for chain drive and transfer case market. In addition to the above pointers, U.S is also witnessing significant demand for transfer case from off high vehicles. For instance, in U.S, rock crawling vehicles sales have increased by 3.21% during 2018-2019.
Transfer Case Market Drivers
Growing demand for 6*2 axle configuration in heavy duty trucks and commercial vehicles
6x2 axle configuration in heavy duty trucks and other commercial vehicles are garnering new attention as the end users are looking for optimizing performance. Four wheel drive Trucks fitted with the new generation 6x2 axle configuration can carry the same amount of load with approximately 3%-4% lesser fuel consumption as compared to their 6x4 counterparts. Therefore, an increase in the sale of 6x2 commercial trucks will drive the demand for transfer cases which will fuel the automotive transfer case market during the forecast period. The medium-duty and heavy-duty trucks grew by 4.5% worldwide during 2018-19. The countries like India, Brazil and Indonesia witnessed double digit growth in sales during this time. Similarly, in Europe and China there is a strong regulatory pressure to lower down the emissions in Heavy duty and light trucks utilizing improved drive shafts, low range gears and chain drive technology. This is likely to create new opportunity for truck with 6*2 axle configuration, thereby creating demand for transfer case market.
Implementation of Stringent Environment and fuel efficiency Regulations
The demanding requirement from consumers and regulatory bodies are bringing disruption in the automotive industry, with new technological innovations. At present, the automotive industry is focusing on reducing the weight of vehicles, while achieving significant fuel efficiency and reducing emission. In recent time, with these emerging requirement, transfer case have become a vital component in the automobile industry. In 2018, Magna introduced a 48V, 4 wheel drive shafts system transfer case which reduce CO2 emission by 10% and offer better fuel efficiency as compared to 2 Wheel drive system. Similarly, in recent time, Corporate Average Fuel Efficiency/Economy (CAFE) regulations are followed strictly by many developing countries including India. These regulations are aiming at improving fuel efficiency of vehicles and lowering down CO2 emissions. So, most of the manufacturers are deploying technology like advanced transfer cases in automobiles to achieve the same.
Transfer Case Market Challenges
Sharp Drop In the sales of passenger car production:
The production of passenger cars are witnessing sluggish growth since 2016 owing to economy slow down and various government financial reformation activities worldwide. For instance, the rise in the Federal Reserve Interest rate has slowed down the sales of vehicles in the U.S. Since 2016. The production has also been declining during this period. From 2016 to 2019, the production of passenger cars have decreased by approximately 40%. In 2019, Ford reported new vehicle sales down by approximately 1%-1.2%. GM reported a sales down by 0.9%-1.2%, while Fiat Chrysler sales were down by 7%-8.5% during 2018-2019. This could create a possibility of contraction of automotive market in the U.S., which will negatively affect the automotive transfer case market growth.
Market Landscape
Transfer case top companies include AISIN SEIKI, American Axle & Manufacturing, BorgWarner, Magna International, and ZF Friedrichshafen. Product differentiation is the key strategy adopted by most of the companies in this market. Thus, several players are investing largely on research and development to produce technologically advanced products.
Acquisitions/Technology Launches
- In February 2019, BorgWarner formed a new entity called Cascadia Motion to acquire assets and merge the operations of the companies AM Racing and Rinehart Motion Systems. This new entity will now focus on electric and hybrid propulsion for emerging applications.
- In June 2019, Magna Expanded its electric products portfolio with advanced 48 Volt Transfer Case.
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Report Code: ATR 0015
Report Code: ATM 63329
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1. Transfer Case Market - Overview
1.1 Definitions and Scope
2. Transfer Case Market - Executive summary
2.1 Market Revenue, Market Size and Key Trends by Company
2.2 Key Trends by type of Application
2.3 Key Trends segmented by Geography
3. Transfer Case Market
3.1 Comparative analysis
3.1.1 Product Benchmarking - Top 10 companies
3.1.2 Top 5 Financials Analysis
3.1.3 Market Value split by Top 10 companies
3.1.4 Patent Analysis - Top 10 companies
3.1.5 Pricing Analysis
4. Transfer Case Market - Startup companies Scenario Premium Premium
4.1 Top 10 startup company Analysis by
4.1.1 Investment
4.1.2 Revenue
4.1.3 Market Shares
4.1.4 Market Size and Application Analysis
4.1.5 Venture Capital and Funding Scenario
5. Transfer Case Market - Industry Market Entry Scenario Premium Premium
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis - Top 10 companies
6. Transfer Case Market Forces
6.1 Drivers
6.2 Constraints
6.3 Challenges
6.4 Porters five force model
6.4.1 Bargaining power of suppliers
6.4.2 Bargaining powers of customers
6.4.3 Threat of new entrants
6.4.4 Rivalry among existing players
6.4.5 Threat of substitutes
7. Transfer Case Market -Strategic analysis
7.1 Value chain analysis
7.2 Opportunities analysis
7.3 Product life cycle
7.4 Suppliers and distributors Market Share
8. Transfer Case Market By Four-Wheel Drive Type (Market Size -$Million / $Billion)
8.1 All-Wheel Drive
8.2 Four-Wheel Drive
9. Transfer Case Market By Drive Type (Market Size -$Million / $Billion)
9.1 Chain Driven
9.2 Gear Driven
10. Transfer Case Market By Type (Market Size -$Million / $Billion)
10.1 Electronic Shift on the Fly
10.2 Manual Shift on the Fly
11. Transfer Case Market Analysis By Vehicle Type (Market Size -$Million / $Billion)
11.1 Passenger Cars
11.2 Light Commercial Vehicles
11.3 Heavy Commercial Vehicles
11.4 Off Highway Vehicles
12. Transfer Case Market - Industry / Segment Competition landscape Premium Premium
13.1 Market Share Analysis
13.1.1 Market Share by Country- Top companies
13.1.2 Market Share by Region- Top 10 companies
13.1.3 Market Share by type of Application - Top 10 companies
13.1.4 Market Share by type of Product / Product category- Top 10 companies
13.1.5 Market Share at global level - Top 10 companies
13.1.6 Best Practises for companies
13. Transfer Case Market - Key Company List by Country Premium Premium
14. Transfer Case- By Geography (Market Size -$Million / $Billion)
14.1 Transfer Case Market - North America Segment Research
14.2 North America Market Research (Million / $Billion)
14.2.1 Segment type Size and Market Size Analysis
14.2.2 Revenue and Trends
14.2.3 Application Revenue and Trends by type of Application
14.2.4 Company Revenue and Product Analysis
14.2.5 North America Product type and Application Market Size
14.2.5.1 U.S
14.2.5.2 Canada
14.2.5.3 Mexico
14.2.5.4 Rest of North America
14.3 Transfer Case- South America Segment Research
14.4 South America Market Research (Market Size -$Million / $Billion)
14.4.1 Segment type Size and Market Size Analysis
14.4.2 Revenue and Trends
14.4.3 Application Revenue and Trends by type of Application
14.4.4 Company Revenue and Product Analysis
14.4.5 South America Product type and Application Market Size
14.4.5.1 Brazil
14.4.5.2 Venezuela
14.4.5.3 Argentina
14.4.5.4 Ecuador
14.4.5.5 Peru
14.4.5.6 Colombia
14.4.5.7 Costa Rica
14.4.5.8 Rest of South America
14.5 Transfer Case- Europe Segment Research
14.6 Europe Market Research (Market Size -$Million / $Billion)
14.6.1 Segment type Size and Market Size Analysis
14.6.2 Revenue and Trends
14.6.3 Application Revenue and Trends by type of Application
14.6.4 Company Revenue and Product Analysis
14.6.5 Europe Segment Product type and Application Market Size
14.6.5.1 U.K
14.6.5.2 Germany
14.6.5.3 Italy
14.6.5.4 France
14.6.5.5 Netherlands
14.6.5.6 Belgium
14.6.5.7 Denmark
14.6.5.8 Spain
14.6.5.9 Rest of Europe
14.7 Transfer Case - APAC Segment Research
14.8 APAC Market Research (Market Size -$Million / $Billion)
14.8.1 Segment type Size and Market Size Analysis
14.8.2 Revenue and Trends
14.8.3 Application Revenue and Trends by type of Application
14.8.4 Company Revenue and Product Analysis
14.8.5 APAC Segment - Product type and Application Market Size
14.8.5.1 China
14.8.5.2 Australia
14.8.5.3 Japan
14.8.5.4 South Korea
14.8.5.5 India
14.8.5.6 Taiwan
14.8.5.7 Malaysia
14.8.5.8 Hong kong
14.8.5.9 Rest of APAC
14.9 Transfer Case - Middle East Segment and Africa Segment Research
14.10 Middle East & Africa Market Research (Market Size -$Million / $Billion)
14.10.1 Segment type Size and Market Size Analysis
14.10.2 Revenue and Trend Analysis
14.10.3 Application Revenue and Trends by type of Application
14.10.4 Company Revenue and Product Analysis
14.10.5 Middle East Segment Product type and Application Market Size
14.10.5.1 Israel
14.10.5.2 Saudi Arabia
14.10.5.3 UAE
14.10.6 Africa Segment Analysis
14.10.6.1 South Africa
14.10.6.2 Rest of Middle East & Africa
15. Transfer Case Market - Entropy
15.1 New product launches
15.2 M&A s, collaborations, JVs and partnerships
16. Transfer Case Market Company Analysis
16.1 Market Share, Company Revenue, Products, M&A, Developments
16.2 Aisin Seiki
16.3 American Axle & Manufacturing
16.4 Borgwarner
16.5 Dana
16.6 GKN
16.7 Jtekt
16.8 Magna
16.9 Meritor
16.10 Schaeffler
16.11 ZF
LIST OF TABLES
1.Global Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 ($M)1.1 All-Wheel Drive Market 2023-2030 ($M) - Global Industry Research
1.2 Four-Wheel Drive Market 2023-2030 ($M) - Global Industry Research
2.Global Transfer Case Market By Drive Type Market 2023-2030 ($M)
2.1 Chain Driven Market 2023-2030 ($M) - Global Industry Research
2.2 Gear Driven Market 2023-2030 ($M) - Global Industry Research
3.Global Transfer Case Market By Shift Type Market 2023-2030 ($M)
3.1 Electronic Shift on the Fly Market 2023-2030 ($M) - Global Industry Research
3.2 Manual Shift on the Fly Market 2023-2030 ($M) - Global Industry Research
4.Global Transfer Case Market Analysis By Vehicle Type Market 2023-2030 ($M)
4.1 Passenger Cars Market 2023-2030 ($M) - Global Industry Research
4.2 Light Commercial Vehicles Market 2023-2030 ($M) - Global Industry Research
4.3 Heavy Commercial Vehicles Market 2023-2030 ($M) - Global Industry Research
5.Global Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 (Volume/Units)
5.1 All-Wheel Drive Market 2023-2030 (Volume/Units) - Global Industry Research
5.2 Four-Wheel Drive Market 2023-2030 (Volume/Units) - Global Industry Research
6.Global Transfer Case Market By Drive Type Market 2023-2030 (Volume/Units)
6.1 Chain Driven Market 2023-2030 (Volume/Units) - Global Industry Research
6.2 Gear Driven Market 2023-2030 (Volume/Units) - Global Industry Research
7.Global Transfer Case Market By Shift Type Market 2023-2030 (Volume/Units)
7.1 Electronic Shift on the Fly Market 2023-2030 (Volume/Units) - Global Industry Research
7.2 Manual Shift on the Fly Market 2023-2030 (Volume/Units) - Global Industry Research
8.Global Transfer Case Market Analysis By Vehicle Type Market 2023-2030 (Volume/Units)
8.1 Passenger Cars Market 2023-2030 (Volume/Units) - Global Industry Research
8.2 Light Commercial Vehicles Market 2023-2030 (Volume/Units) - Global Industry Research
8.3 Heavy Commercial Vehicles Market 2023-2030 (Volume/Units) - Global Industry Research
9.North America Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 ($M)
9.1 All-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
9.2 Four-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
10.North America Transfer Case Market By Drive Type Market 2023-2030 ($M)
10.1 Chain Driven Market 2023-2030 ($M) - Regional Industry Research
10.2 Gear Driven Market 2023-2030 ($M) - Regional Industry Research
11.North America Transfer Case Market By Shift Type Market 2023-2030 ($M)
11.1 Electronic Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
11.2 Manual Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
12.North America Transfer Case Market Analysis By Vehicle Type Market 2023-2030 ($M)
12.1 Passenger Cars Market 2023-2030 ($M) - Regional Industry Research
12.2 Light Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
12.3 Heavy Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
13.South America Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 ($M)
13.1 All-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
13.2 Four-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
14.South America Transfer Case Market By Drive Type Market 2023-2030 ($M)
14.1 Chain Driven Market 2023-2030 ($M) - Regional Industry Research
14.2 Gear Driven Market 2023-2030 ($M) - Regional Industry Research
15.South America Transfer Case Market By Shift Type Market 2023-2030 ($M)
15.1 Electronic Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
15.2 Manual Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
16.South America Transfer Case Market Analysis By Vehicle Type Market 2023-2030 ($M)
16.1 Passenger Cars Market 2023-2030 ($M) - Regional Industry Research
16.2 Light Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
16.3 Heavy Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
17.Europe Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 ($M)
17.1 All-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
17.2 Four-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
18.Europe Transfer Case Market By Drive Type Market 2023-2030 ($M)
18.1 Chain Driven Market 2023-2030 ($M) - Regional Industry Research
18.2 Gear Driven Market 2023-2030 ($M) - Regional Industry Research
19.Europe Transfer Case Market By Shift Type Market 2023-2030 ($M)
19.1 Electronic Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
19.2 Manual Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
20.Europe Transfer Case Market Analysis By Vehicle Type Market 2023-2030 ($M)
20.1 Passenger Cars Market 2023-2030 ($M) - Regional Industry Research
20.2 Light Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
20.3 Heavy Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
21.APAC Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 ($M)
21.1 All-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
21.2 Four-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
22.APAC Transfer Case Market By Drive Type Market 2023-2030 ($M)
22.1 Chain Driven Market 2023-2030 ($M) - Regional Industry Research
22.2 Gear Driven Market 2023-2030 ($M) - Regional Industry Research
23.APAC Transfer Case Market By Shift Type Market 2023-2030 ($M)
23.1 Electronic Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
23.2 Manual Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
24.APAC Transfer Case Market Analysis By Vehicle Type Market 2023-2030 ($M)
24.1 Passenger Cars Market 2023-2030 ($M) - Regional Industry Research
24.2 Light Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
24.3 Heavy Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
25.MENA Transfer Case Market By Four-Wheel Drive Type Market 2023-2030 ($M)
25.1 All-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
25.2 Four-Wheel Drive Market 2023-2030 ($M) - Regional Industry Research
26.MENA Transfer Case Market By Drive Type Market 2023-2030 ($M)
26.1 Chain Driven Market 2023-2030 ($M) - Regional Industry Research
26.2 Gear Driven Market 2023-2030 ($M) - Regional Industry Research
27.MENA Transfer Case Market By Shift Type Market 2023-2030 ($M)
27.1 Electronic Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
27.2 Manual Shift on the Fly Market 2023-2030 ($M) - Regional Industry Research
28.MENA Transfer Case Market Analysis By Vehicle Type Market 2023-2030 ($M)
28.1 Passenger Cars Market 2023-2030 ($M) - Regional Industry Research
28.2 Light Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
28.3 Heavy Commercial Vehicles Market 2023-2030 ($M) - Regional Industry Research
LIST OF FIGURES
1.US Transfer Case Market Revenue, 2023-2030 ($M)2.Canada Transfer Case Market Revenue, 2023-2030 ($M)
3.Mexico Transfer Case Market Revenue, 2023-2030 ($M)
4.Brazil Transfer Case Market Revenue, 2023-2030 ($M)
5.Argentina Transfer Case Market Revenue, 2023-2030 ($M)
6.Peru Transfer Case Market Revenue, 2023-2030 ($M)
7.Colombia Transfer Case Market Revenue, 2023-2030 ($M)
8.Chile Transfer Case Market Revenue, 2023-2030 ($M)
9.Rest of South America Transfer Case Market Revenue, 2023-2030 ($M)
10.UK Transfer Case Market Revenue, 2023-2030 ($M)
11.Germany Transfer Case Market Revenue, 2023-2030 ($M)
12.France Transfer Case Market Revenue, 2023-2030 ($M)
13.Italy Transfer Case Market Revenue, 2023-2030 ($M)
14.Spain Transfer Case Market Revenue, 2023-2030 ($M)
15.Rest of Europe Transfer Case Market Revenue, 2023-2030 ($M)
16.China Transfer Case Market Revenue, 2023-2030 ($M)
17.India Transfer Case Market Revenue, 2023-2030 ($M)
18.Japan Transfer Case Market Revenue, 2023-2030 ($M)
19.South Korea Transfer Case Market Revenue, 2023-2030 ($M)
20.South Africa Transfer Case Market Revenue, 2023-2030 ($M)
21.North America Transfer Case By Application
22.South America Transfer Case By Application
23.Europe Transfer Case By Application
24.APAC Transfer Case By Application
25.MENA Transfer Case By Application
26.Borgwarner, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Magna, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.GKN, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.ZF, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Aisin Seiki, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Dana, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.American Axle & Manufacturing, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Jtekt, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Schaeffler, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Meritor, Sales /Revenue, 2015-2018 ($Mn/$Bn)