According the report, New Developments in Differential Mechanism Systems is one of the primary growth factors for the market. Increasing Application of This Differential Mechanism in Automotive Sector is also expected to contribute significantly to the Differential Mechanism market. Overall, OEM (Original Equipment Manufacturers) applications of Differential Mechanism, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Differential Mechanism market identified that the demand is rising in many different parts of the world as "Expansion and Joint Ventures with OEMs and Suppliers in Developing Countries". Furthermore, some recent industry insights like "In May 2021, Mitsubishi Heavy Industries Machine Tool Co., Ltd., part of the Mitsubishi Heavy Industries (MHI) group, announced the launch of new GE15HS and GE25HS models of hobbing machines in June 2021. Emphasizing high precision and efficiency, the new machines focus on electric and hybrid vehicles amid the global trend towards decarbonization. New machines produce the high-precision gears required for these new vehicles. This new machine model is a greatly improved addition to the GE series hobbing machines that have shipped more than 2,800 units." is constantly making the industry dynamic. One of the challenges that industry facing is "Constraints Related To the Cost of this Differential Mechanism and Plastic Gears Reinforced with Carbon Fiber is an Upcoming Technology"

The Vehicle Type, such as Passenger Car, is boosting the Differential Mechanism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Material Type, such as Metallic, is boosting the Differential Mechanism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Differential Types, such as Open Differential, is boosting the Differential Mechanism market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Differential Mechanism market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Differential Mechanism market and other related sub-markets covered in the study.

o Key & emerging players in the Differential Mechanism market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Differential Mechanism market size is calculated using market estimation process, the Differential Mechanism market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Differential Mechanism market size has been validated using both top-down and bottom-up approaches.