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Torque Vectoring Market Set to Surge to US$ 43 Billion by 2033

03-04-2024 02:42 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Torque Vectoring Market

Torque Vectoring Market

In 2023, the global torque vectoring market was valued at US$ 10.7 billion. Projections indicate a significant surge to US$ 43 billion by 2033, with an impressive Compound Annual Growth Rate (CAGR) of 15% anticipated during the forecast period spanning from 2023 to 2033.

๐—š๐—ฒ๐˜ ๐—™๐—ฟ๐—ฒ๐—ฒ ๐—ฆ๐—ฎ๐—บ๐—ฝ๐—น๐—ฒ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ ๐—–๐—ผ๐—ฝ๐˜†:

https://www.factmr.com/connectus/sample?flag=S&rep_id=8788

Torque vectoring systems play a pivotal role in optimizing wheel power distribution. By enhancing handling, stability, grip, and overall performance, these systems empower drivers to manipulate torque allocation across specific wheel axles. This technology effectively regulates speed by redistributing the vehicle's weight to designated wheels, thereby enhancing traction. Configurations vary, encompassing front-wheel drive, rear-wheel drive, all-wheel drive, with options for customization to suit diverse automotive needs.

The core of the torque vectoring system often features an Advanced Torque Transfer System (ATTS), typically a compact automatic gearbox seamlessly integrated with the vehicle. Through a network of clutches, the ATTS unit optimizes torque delivery to wheels, ensuring superior traction.

Critical to the disc brake system, brake calipers encase brake pads and play a pivotal role in stopping the vehicle by exerting pressure on rotors. Typically crafted from cast iron, these components are indispensable for automotive safety.

Utilizing braking and stability control systems, brake-based torque vectoring offers a unique approach to power distribution. Rather than relying on differentials, this method selectively applies brakes to individual wheels, such as the inner wheel during turns, effectively enhancing maneuverability and stability.

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ž๐—ฒ๐˜† ๐——๐—ฟ๐—ถ๐˜ƒ๐—ฒ๐˜€:

Performance Enhancement: Torque vectoring technology significantly improves vehicle performance by independently controlling the torque distribution to each wheel. This enhances traction, stability, and agility, leading to better handling and cornering capabilities.

Safety Improvements: By effectively managing the torque distribution, torque vectoring systems enhance vehicle stability and control, especially in challenging road conditions such as slippery surfaces or tight corners. This results in improved safety and reduced risk of accidents.

Fuel Efficiency: Advanced torque vectoring systems optimize power delivery, reducing energy wastage and improving fuel efficiency. By precisely distributing torque to wheels with the most traction, the system reduces unnecessary wheel slippage, thereby enhancing overall vehicle efficiency.

Customer Demand for Advanced Features: As consumer preferences continue to shift towards vehicles equipped with advanced safety and performance features, the demand for torque vectoring technology is expected to rise. Automakers are increasingly incorporating torque vectoring systems into their vehicles to meet these evolving consumer demands.

Regulatory Standards: Stringent regulatory standards related to vehicle safety and emissions are encouraging automakers to adopt advanced technologies such as torque vectoring to comply with regulations. These standards drive innovation and adoption of torque vectoring systems in the automotive industry.

Technological Advancements: Ongoing advancements in sensor technology, electronic control systems, and software algorithms are continually improving the performance and reliability of torque vectoring systems. These technological advancements are making torque vectoring more accessible and cost-effective for a broader range of vehicles.

Growing Adoption in Electric Vehicles (EVs): Torque vectoring technology is particularly beneficial for electric vehicles due to their instant torque delivery and individual wheel control capabilities. As the market for electric vehicles expands, the demand for torque vectoring systems is expected to increase correspondingly.

Racing and Motorsport Applications: Torque vectoring has proven its effectiveness in racing and motorsport applications, where precise control over vehicle dynamics is crucial for competitive advantage. The technology's success in these high-performance environments has led to its adoption in mainstream automotive applications.

๐—™๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ ๐—ข๐˜‚๐˜๐—น๐—ผ๐—ผ๐—ธ:

The torque vectoring market is poised for significant growth in the coming years driven by technological advancements, increasing consumer demand for advanced features, and regulatory pressures. As automakers continue to prioritize vehicle performance, safety, and efficiency, torque vectoring technology will play a vital role in achieving these objectives. Moreover, the expanding market for electric vehicles and the continued evolution of autonomous driving technologies are expected to create new opportunities for torque vectoring systems. Overall, the future outlook for the torque vectoring market is highly promising, with continued innovation and adoption expected across various automotive segments.

๐—ฅ๐—ฒ๐—พ๐˜‚๐—ฒ๐˜€๐˜ ๐—™๐—ผ๐—ฟ ๐—™๐—ฅ๐—˜๐—˜ ๐—–๐˜‚๐˜€๐˜๐—ผ๐—บ๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜:

https://www.factmr.com/connectus/sample?flag=RC&rep_id=8788

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€:

Continental AG
Bosch Ltd
JTEKT corporation
Eaton Corporation
American Axle & Manufacturing, Inc.
BorgWarner
Ricardo
Timken
Getrag

๐—–๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐˜ƒ๐—ฒ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐˜€๐—ฐ๐—ฎ๐—ฝ๐—ฒ:

The global market for torque vectoring is characterized by intense competition and constant innovation, with numerous automotive manufacturers, suppliers, and technology providers vying for prominence. Leading automotive OEMs are actively integrating torque vectoring technology into their vehicle lineup to elevate performance and handling capabilities. These OEMs either develop their own proprietary torque vectoring solutions or engage in partnerships with suppliers to incorporate the technology seamlessly.

Across the globe, research institutions and universities play a pivotal role in advancing torque vectoring technology through rigorous studies, the development of cutting-edge algorithms, and fruitful collaborations with industry stakeholders. Their collective efforts contribute significantly to pushing the boundaries of torque vectoring capabilities.

In March 2022, American Axle & Manufacturing, Inc. garnered the prestigious General Motors Overdrive Award, recognizing its commitment to sustainability, innovation, connectivity, cost-effectiveness, launch excellence, and safety. This accolade not only underscores the company's dedication but also opens doors for potential collaborations and partnerships, thereby enhancing its brand value within the market.

Toyota Motor Corp. showcased its forward-looking approach in February 2019 by unveiling two innovative AWD systems: the dynamic torque vectoring AWD and the 'E-Four 4WD system. The dynamic torque vectoring system, distinguished by the pioneering ratchet-type dog clutches on both front and rear wheel shafts, halts the rotation of the drive system, facilitating the seamless transmission of driving force to the rear wheels in 2WD mode.

๐—•๐—ฟ๐—ผ๐˜„๐˜€๐—ฒ ๐—™๐˜‚๐—น๐—น ๐—ฅ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜ @ https://www.factmr.com/report/torque-vectoring-market

๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—ž๐—ฒ๐˜† ๐—ฆ๐—ฒ๐—ด๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐˜๐—ถ๐—ผ๐—ป:

By Component :
Hardware
Software

By Technology :
Active Torque Vectoring Systems (ATVS)
Passive Torque Vectoring Systems (PTVS)

By Clutch Actuation Type :
Electric
Hydraulic

By Driving Wheel Type :
Rear-Wheel Drive (RWD)
Front-Wheel Drive (FWD)
All-Wheel Drive/Four-Wheel Drive (AWD/4WD)

By Vehicle Type :
Passenger Cars
Commercial Vehicles
Off-road Vehicles

By Propulsion Type :
Diesel/Petrol/CNG
Electric Vehicles

By Region :
North America
Latin America
Europe
Asia Pacific
Middle East & Africa

๐—˜๐˜…๐—ฝ๐—น๐—ผ๐—ฟ๐—ฒ ๐— ๐—ผ๐—ฟ๐—ฒ ๐—ฅ๐—ฒ๐—น๐—ฎ๐˜๐—ฒ๐—ฑ ๐—ฆ๐˜๐˜‚๐—ฑ๐—ถ๐—ฒ๐˜€ ๐—ฃ๐˜‚๐—ฏ๐—น๐—ถ๐˜€๐—ต๐—ฒ๐—ฑ ๐—ฏ๐˜† ๐—™๐—ฎ๐—ฐ๐˜.๐— ๐—ฅ ๐—ฅ๐—ฒ๐˜€๐—ฒ๐—ฎ๐—ฟ๐—ฐ๐—ต:

Traction Inverter Market:

https://www.factmr.com/report/traction-inverter-market ย 

Automotive Lighting Market:

https://www.factmr.com/report/4795/automotive-lighting-market

Automotive Fuel Injectors Market:

https://www.factmr.com/report/2235/automotive-fuel-injectors-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

๐€๐›๐จ๐ฎ๐ญ ๐…๐š๐œ๐ญ.๐Œ๐‘
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