Torque Vectoring Market was valued at USD 8.65 Billion in 2022 and is projected to grow at a CAGR of 16.88% from 2023 to 2029, reaching nearly USD 30.12 Billion.

Torque Vectoring Market Report Scope and Research Methodology

The report outlines the global Torque Vectoring Market, describing the various methods of implementing torque vectoring, including mechanical, hydraulic, electric, and electronic systems. It also highlights the applications of torque vectoring in passenger cars, commercial vehicles, and off-road vehicles. The automotive industry's demand for torque vectoring technologies is driven by the need for improved vehicle handling, safety, and performance, as well as the rising popularity of all-wheel drive (AWD) and electric vehicles (EVs).

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The research methodology employed by Maximize Market Research Pvt Ltd ensures accurate and reliable data analysis. The report analyzes the market dynamics, including the drivers, restraints, and opportunities shaping the Torque Vectoring Market during the forecast period of 2022-2029. The increasing demand for advanced driving assistance systems (ADAS), the growing popularity of electric and hybrid vehicles, and the integration of torque vectoring with other safety and performance features are identified as key drivers for market growth.

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What are Torque Vectoring Market Dynamics:

Growing Demand for Advanced Driving Assistance Systems (ADAS): The increasing awareness about the benefits of ADAS technologies, including torque vectoring, is driving the demand for these systems. Consumers are seeking improved vehicle handling, stability, and safety, which torque vectoring systems can provide. The adoption of electric and hybrid vehicles is further propelling the demand for torque vectoring systems.

Integration with Other Safety and Performance Features: Torque vectoring systems can be integrated with other safety and performance features such as electronic stability control (ESC), traction control, and anti-lock braking systems (ABS). This integration enhances the overall driving experience and safety of vehicles, driving market growth as automakers strive to differentiate their offerings.

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Autonomous Driving: The trend toward autonomous driving is expected to boost the demand for torque vectoring systems. These systems play a crucial role in improving the stability and control of autonomous vehicles, particularly in challenging driving conditions. As autonomous driving technology advances, torque vectoring systems will become increasingly important for enhancing accuracy and efficiency.

Government Regulations and Safety Standards: Stringent government regulations and safety standards require automakers to incorporate advanced safety features in their vehicles. Torque vectoring systems help automakers comply with these regulations by improving the safety and stability of vehicles. As regulations continue to evolve, the demand for torque vectoring systems will be driven by the need for compliance.

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What is Torque Vectoring Market Segmentation:

by Vehicle Type

• Passenger Car
• Light Commercial Vehicle

by Propulsion

• Front wheel drive (FWD)
• Rear wheel drive (RWD)
• All wheel drive/Four wheel drive (4WD)

by Clutch Actuation Type

• Hydraulic
• Electronic

by EV Type

• BEV
• HEV

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Who are Torque Vectoring Market Key Players:

• JTEKT Corporation
• Continental AG
• GKN plc
• BorgWarner Inc.
• Schaeffler AG
• ZF Friedrichshafen AG
• Eaton Corporation
• Magna International Inc.
• Mitsubishi Electric Corporation
• Dana Incorporated
• American Axle & Manufacturing Holdings, Inc.
• Robert Bosch GmbH
• AVL List GmbH
• Ricardo plc
• Oerlikon Graziano
• Infineon Technologies AG
• Timken

Table of content for the Torque Vectoring Market includes:

1. Global Torque Vectoring Market: Research Methodology

2. Global Torque Vectoring Market: Executive Summary

• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry

3. Global Torque Vectoring Market: Competitive Analysis

• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact

4. Global Torque Vectoring Market Segmentation

• Global Market, by Vehicle Type(2021-2029)
• Global Market, by Propulsion(2021-2029)
• Global Market, by Clutch Actuation Type(2021-2029)
• Global Market, by EV Type(2021-2029)

5. Regional Torque Vectoring Market(2021-2029)

• Global Market, by Vehicle Type(2021-2029)
• Global Market, by Propulsion(2021-2029)
• Global Market, by Clutch Actuation Type(2021-2029)
• Global Market, by EV Type(2021-2029)
• Regional Market, by Country (2021-2029)

6. Company Profile: Key players

• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments

Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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