Torque Vectoring Market: Advancing Vehicle Dynamics & Performance | Latest Companies - GKN and American Axle, Dana, BorgWarner, Eaton, ZF, JTEKT

Global Torque Vectoring Market reached USD 8.9 billion in 2022 and is expected to reach USD 14.8 billion by 2030, growing with a CAGR of 19.9% during the forecast period 2023-2030.

Torque Vectoring Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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Torque vectoring is an advanced drivetrain technology that dynamically distributes torque between wheels to enhance traction, stability, and cornering performance. Widely used in high-performance and all-wheel-drive vehicles, it improves handling, safety, and driving dynamics in various road conditions.

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List of the Key Players in the Torque Vectoring Market:

GKN and American Axle, Dana, BorgWarner, Eaton, ZF, JTEKT, Magna, Bosch and Univance.

Industry Development:

In 2021, Bosch introduced a torque vectoring system with advanced sensors and control units to optimize traction and stability, enhancing vehicle dynamics and safety.

GKN Automotive launched its Twinster torque vectoring technology for all-wheel-drive systems, offering precise torque control between axles for improved cornering and stability.

Both innovations aim to enhance performance and driving experience, attracting interest from automakers seeking advanced driveline solutions.

Growth Forecast Projected:

The Global Torque Vectoring Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

Research Process:

Both primary and secondary data sources have been used in the global Torque Vectoring Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.

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Segment Covered in the Torque Vectoring Market:

By Vehicle Type: Passenger Vehicles, Commercial Vehicles
By Propulsion: Front-wheel drive (FWD), Rear-wheel drive (RWD), All-wheel drive/Four wheel drive (4WD)
By Clutch Actuation: Hydraulic, Electronic
By Technology: Active Torque Vectoring System, Passive Torque Vectoring System

Regional Analysis for Torque Vectoring Market:

The regional analysis of the Torque Vectoring Market covers key regions including North America, Europe, Asia Pacific Middle East and Africa and South America. The North America with a focus on the U.S., Canada, and Mexico; Europe, highlighting major countries like the U.K., Germany, France, and Italy, along with other nations in the region; Asia-Pacific, covering India, China, Japan, South Korea, and Australia, among others; South America, with emphasis on Colombia, Brazil, and Argentina; and the Middle East & Africa, which includes Saudi Arabia, the U.A.E., South Africa, and other countries. This comprehensive regional breakdown helps identify unique market trends and growth opportunities specific to each area.

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Benefits of the Report:

➡ A descriptive analysis of demand-supply gap, market size estimation, SWOT analysis, PESTEL Analysis and forecast in the global market.

➡ Top-down and bottom-up approach for regional analysis

➡ Porter's five forces model gives an in-depth analysis of buyers and suppliers, threats of new entrants & substitutes and competition amongst the key market players.

➡ By understanding the value chain analysis, the stakeholders can get a clear and detailed picture of this Market

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People Also Ask:

➠ What is the global sales, production, consumption, import, and export value of the Torque Vectoring market?

➠ Who are the leading manufacturers in the global Torque Vectoring industry? What is their operational status in terms of capacity, production, sales, pricing, costs, gross margin, and revenue?

➠ What opportunities and challenges do vendors in the global Torque Vectoring industry face?

➠ Which applications, end-users, or product types are expected to see growth? What is the market share for each type and application?

➠ What are the key factors and limitations affecting the growth of the Torque Vectoring market?

➠ What are the various sales, marketing, and distribution channels in the global industry?

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