DataM Intelligence 4Market Research

Torque Vectoring Market Overview

The global torque vectoring market is seeing rapid expansion and transition, owing to rising demand for improved vehicle performance, safety, and economy.
Torque vectoring improves vehicle stability while cornering by reducing understeer and oversteer. Torque vectoring will play an important part in influencing the future of the automobile industry as automakers continue to develop and deploy sophisticated technology. Torque vectoring is poised to become a crucial component in cars of the future, thanks to its many uses and potential for enhancing driving experiences.

Front-wheel drive vehicles account for more than half of the global torque vectoring market, accounting for more than half of the market share. Because of the multiple advantages that torque vectoring technology provides, such as increased handling, stability, and overall performance, the related market has undergone tremendous expansion. Similarly, the Asia-Pacific region leads the torque vectoring market, accounting for more than one-third of the total. The region's supremacy may be linked to increased demand for high-performance automobiles as well as continual advances in automotive technology.

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Market Key Drivers

Growing Demand for Electric All-Wheel Drive (eAWD) Systems and Stringent Emission and Fuel Efficiency Regulations

Consumers are becoming more interested in electric all-wheel drive (eAWD) systems owing to their capacity to increase grip and stability on difficult terrain. Torque vectoring is a basic concept utilized in eAWD systems to optimize torque distribution across all wheels, resulting in improved off-road capability and performance.

According to the China Association of Automobile Manufacturers (CAAM), between 2018 and 2020, the number of electric cars equipped with eAWD systems rose by nearly 40% in China. This fact implies that the demand for torque vectoring technology in eAWD systems is expanding.

To address environmental concerns, governments throughout the globe are aggressively enacting severe emission and fuel efficiency requirements. Torque vectoring technology has the potential to greatly improve vehicle fuel economy by optimizing power distribution and reducing energy waste during cornering and acceleration.

According to the United Nations Framework Convention on Climate Change (UNFCCC), worldwide greenhouse gas emissions from transportation grew by 5% between 2018 and 2020. As governments step up their efforts to tackle climate change, manufacturers are under growing pressure to use technology such as torque vectoring to improve fuel economy and cut emissions.

Market Segmentation

The global torque vectoring market is segmented by vehicle type, propulsion, clutch actuation, and technology.

By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

By Propulsion

• Front-wheel drive
• Rear-wheel drive
• All-wheel drive/Four wheel drive

By Clutch Actuation

• Hydraulic
• Electronic

By Technology

• Active Torque Vectoring System
• Passive Torque Vectoring System

Geographical Penetration

Governments in the Asia-Pacific region have recognized the potential benefits of torque vectoring in improving vehicle safety and environmental sustainability. Government assistance and efforts have been critical in boosting the use of torque vectoring systems as nations around the region work to improve road safety and reduce carbon emissions. The Asia-Pacific area is positioned to lead the global automobile industry's transition, with market data revealing solid growth rates in the use of torque vectoring technology. Collaborations and investments by automotive and technology businesses boost the region's ability to shape the future of the torque vectoring sector.

Competitive Landscape

Significant players in the global torque vectoring market include GKN and American Axle, Dana, BorgWarner, Eaton, ZF, JTEKT, Magna, Bosch and Univance.

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