Torque Vectoring System Market

Torque vectoring is a technology employed in automobile differentials. A differential transfers engine torque to the wheels. Torque vectoring technology provides the differential with the ability to vary the torque to each wheel.
Torque Vectoring System Market aims to provide a comprehensive presentation of the global market for Torque Vectoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Torque Vectoring System. Torque Vectoring System Market contains market size and forecasts of Torque Vectoring System in global, including the following market information:
Global Torque Vectoring System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Torque Vectoring System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
AWD/4WD is estimated to be the largest as well as the fastest growing segment of the torque vectoring market during the forecast period. The AWD/4WD segment is mainly driven by growing demand for SUVs, increasing demand for improved vehicle safety, stability, and enhanced driving dynamics. The AWD/4WD systems find their application mostly in the premium car segment and SUVs. Improving economic conditions, increasing industrialization, and the improving living standards of consumers around the world have increased the demand for premium segment cars and SUVs.
We surveyed the Torque Vectoring System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Torque Vectoring System Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Torque Vectoring System Market Segment Percentages, by Type, 2022 (%)
Front Wheel Drive(FWD)
Rear Wheel Drive(RWD)
All Wheel Drive/Four Wheel Drive(4WD)
Global Torque Vectoring System Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Torque Vectoring System Market Segment Percentages, by Application, 2022 (%)
Passenger Car
Commercial Vehicle
Global Torque Vectoring System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Torque Vectoring System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Torque Vectoring System revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Torque Vectoring System revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
GKN
American Axle
Dana
BorgWarner
Eaton
ZF
JTEKT
Getrag
Bosch
Univance
Schaeffler
Timken
Ricardo
Oerlikon Graziano
Outline of Major Chapters:
Chapter 1: Introduces the definition of Torque Vectoring System, market overview.
Chapter 2: Global Torque Vectoring System market size in revenue.
Chapter 3: Detailed analysis of Torque Vectoring System company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Torque Vectoring System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.