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Transfer Case Market Predicted To Grow Robust at CAGR of 11.1% by 2030

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Transfer Case Market
The spread of the COVID-19 pandemic has negatively impacted the global transfer case market, owing to commute
restrictions, negative demand outlook, and expected weak financial performance of the market players in 2020. The
sale of transfer case is directly associated with automotive production and sales activities across the globe.
Production loss is anticipated to increase if the lockdown in countries is extended. The global automotive production
has witnessed decline by 16% in 2020 as compared to automotive production in 2019.
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Aircraft Lighting Market
The global transfer case market was valued at $10.94 billion in 2020, and is projected to reach $28.55 billion by
2030, registering a CAGR of 11.1% during the forecast period 2021-2030.
Transfer case is a drivetrain component of the all-wheel-drive (AWD), four-wheel-drive (4WD), and other multiple
powered axle vehicles. Transfer case transfers engine power from transmission unit to the front or rear axle as per
the requirements. Transfer case performs the power transmission operations carried out through chain or gear
driven.
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Aircraft Lighting Market
Key Benefits For Stakeholders
• This study presents analytical depiction of the global transfer case market analysis along with the current trends
and future estimations to depict imminent investment pockets.
• The overall transfer case market opportunity is determined by understanding profitable trends to gain a stronger
foothold.
• The report presents information related to key drivers, restraints, and opportunities of the global transfer case
market with a detailed impact analysis.
• The current market is quantitatively analyzed from 2020 to 2030 to benchmark the financial competency.
• Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
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Aircraft Lighting Market
Major Companies:
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American Axle & Manufacturing Inc.
BorgWarner Inc.
HYUNDAI WIA CORPORATION
Linamar Corporation
Magna International Inc.
Marmon Holdings, Inc.
Melrose Industries Plc.
Meritor Inc.
Univance Corporation
ZF Friedrichshafen AG
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Aircraft Lighting Market
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