Technological advancements in torque vectoring systems, and rising demand for SUVs, luxury vehicles, and semi-luxury vehicles will propel market growth

The global torque vectoring market has witnessed significant growth, owing to the increasing number of vehicles and adoption of torque vectoring in different segments of vehicles such as SUVs, luxury vehicles, etc., which have a high demand in the automotive market. Moreover, the use of torque vectoring in electric vehicles is driving the global torque vectoring market.
The torque vectoring system manages and distributes the amount of torque released from the engine to all the four wheels of a vehicle to increase stability and offer higher grip on different terrains. It can be commonly seen in vehicles with 4WD and AWD layout. It is used in track-specific cars to increase the grip and performance of vehicles on tracks. Most electric vehicles use torque vectoring for optimal performance and save energy.
The upcoming report from Quince Market Insights focuses on these key impact factors influencing the market, along with identifying major segments and companies operating in the market. The study is designed to provide a holistic view with a broad scope covering every possible segment influencing the demand for wireless torque vectoring.

Key Market Players:

• GKN
• Dana
• American Axle
• Bosch
• Mitsubishi Heavy Industries
• Timken
• Heldex
• Univance

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Market Segmentation:

By Vehicle Type:

• Light Commercial Vehicles
• Passenger Cars

By Technology:

• Active Torque Vectoring System (ATVS)
• Passive Torque Vectoring System (PTVS)

By Propulsion:

• AWD
• 4WD
• FWD
• RWD

This upcoming study will be published shortly with a focus on key stakeholders in the market. Regions covered in the study include North America, Asia Pacific, Western Europe, Eastern Europe, the Middle East, and Rest of the World.

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Contact:

Quince Market Insights
Pune - 411028
Email: sales@quincemarketinsights.com
Website: https://quincemarketinsights.com/
Phone: + 91-2026992033

About Quince Market Insights:

Quince Market Insights is a global market research and consulting company publishing syndicate studies as well as consulting assignments pertaining to market opportunities that promise high growth in the future. The company also provides information on different research practices such as competitive analysis, product mapping, value chain analysis, etc., assisting clients in strategic decision-making.

This release was published on openPR.