Torque Vectoring Market Expected to Achieve 15.3% CAGR by 2029: Growth Forecast Insights

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How Large Will the Torque Vectoring Market Size By 2025?
The scale of the torque vectoring market has seen swift expansion in the previous years. The market's growth is projected to escalate from $10.76 billion in 2024 to approximately $12.63 billion in 2025, marking a compound annual growth rate (CAGR) of 17.3%. The considerable growth observed during the historical timeframe can be credited to factors such as improved traction and stability, enhancement in safety features, increased market competitiveness, a surge in consumer demand for improved driving dynamics, and issues related to environmental and fuel efficiency.

How Big Is the Torque Vectoring Market Size Expected to Grow by 2029?
Expectations are high for a swift expansion in the torque vectoring market size in the coming few years. It is predicted to escalate to a staggering $22.34 billion in 2029 at a 15.3% compound annual growth rate (CAGR). The surge during the projected period can be linked to factors such as the advancement of autonomous vehicles, solutions for urban mobility, regulatory compliance and safety norms, integration of cybersecurity, and the emergence of rear-wheel torque vectoring. Prevailing trends for the forecasted period involve the adoption of advanced sensor technologies for accurate control, AI-based torque vectoring algorithms, compatibility with vehicle stability control, customizable driver configurations, and partnerships with tire manufacturers.

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Which Key Market Drivers Powering Torque Vectoring Market Expansion and Growth?
The upswing trend in autonomous vehicles is projected to fuel the expansion of the torque vectoring market. An autonomous vehicle is a vehicle that can operate independently without human interaction. It employs a variety of sensors, including radar, lidar, and cameras, to generate a map of its immediate environment. Torque vectoring greatly enhances the energy efficiency of autonomous vehicles by reducing power losses caused by wheel slides and other inefficiencies. For example, the Insurance Institute for Highway Safety, a non-profit organization based in the US, reported in December 2022 that they anticipated 3.5 million autonomous vehicles to ply on American roads by 2025. Additionally, by the year 2030, it is predicted that 4.5 million autonomous vehicles will be in transit. As a result, the increasing trend of autonomous vehicles is catalyzing the expansion of the torque vectoring market. The Influence of Fuel Consumption Efficiency on the Growth of the Torque Vectoring Market

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Which Fast-Growing Trends Are Poised to Disrupt the Torque Vectoring Market?
Prominent organizations involved in the torque vectoring industry are investing in the development of advanced technologies like E-Powertrain innovations. The objective is to take vehicle performance and energy efficiency to the next level and ensure exceptional handling and stability in different driving environments. E-Powertrain technologies involve a holistic integration of electric motors, batteries, and control systems, aiming to enhance energy efficiency and vehicle function. For example, GKN Automotive, a leading automotive industry organization based in the UK and known for manufacturing driveline components, rolled out a cutting-edge inverter in June 2022. This next-gen inverter marks a significant progression in EV technology and is aimed at boosting performance and sustainability. Designed to complement GKN's modular eDrive platform, this inverter can work with both 800V and standard 400V systems, which makes it a versatile choice for various OEM applications. With a power output increase of 20% over its earlier model, this inverter promises to improve the efficiency of electric drivetrains considerably.

What Are the Emerging Segments in the Torque Vectoring Market?
The torque vectoring market covered in this report is segmented -

1) By Clutch Actuation Type: Hydraulic Clutch, Electronic Clutch
2) By Vehicle Type: Light Commercial Vehicles, Heavy Commercial Vehicles, Passenger Car
3) By Propulsion: Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All Wheel Drive (AWD) Or Four Wheel Drive (4WD)
4) By Technology: Active Torque Vectoring System (ATVS), Passive Torque Vectoring System (PTVS)

Subsegments:
1) By Hydraulic Clutch: Conventional Hydraulic Clutch Systems, Advanced Hydraulic Actuation Systems
2) By Electronic Clutch: Electrohydraulic Clutch Systems, Fully Electric Clutch Systems

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Who Are the Global Leaders in the Torque Vectoring Market?
Major companies operating in the torque vectoring market report are Robert Bosch GmbH, Tesla Inc., Audi AG, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Eaton Corporation, Mitsubishi Motors Corporation, Schaeffler AG, BorgWarner Inc., JTEKT Corporation, Denso Corporation, Dana Incorporated, Linamar Corporation, GKN Automotive Limited, American Axle & Manufacturing Inc., Haldex Ltd., Ricardo PLC, Univance Corporation, Prodrive Holdings Ltd., Getrag B.V. & Co. KG, Koenigsegg Automotive AB, Modelon AB, Drako Motors Inc., Hofer Powertrain GmbH

Which are the Top Profitable Regional Markets for the Torque Vectoring Industry?
North America was the largest region in the torque vectoring market in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the torque vectoring market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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