Press release
2017-2021 Global Automotive Torque Vectoring System Market to grow at a CAGR of 31.27% during forecast period
Machine Industry
Market Research HUB analysts forecast the global automotive torque vectoring system market to grow at a CAGR of 31.27% during the period 2017-2021.
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Torque vectoring as a technology is developed as an addition to the basic or standard differential. Hence, this technology performs the basic tasks of a usual differential, as well as transmitting torque independently to the driving wheels. This ability to transfer independent torque generally results in the improvement of vehicular handling and traction. Torque vectoring differentials was originally evolved for racing, especially rally racing purposes. Some of the earliest cars to come with this technology belonged to Mitsubishi Motors. This technology has been implemented in production vehicles following a significant development lead time.
The report covers the present scenario and the growth prospects of global automotive torque vectoring system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Market Research HUB's report Global Automotive Torque Vectoring System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
BorgWarner
JTEKT
Magna Powertrain, International
Oerlikon Graziano
Univance
ZF
Other prominent vendors
THE TIMKEN COMPANY
Prodrive
Market driver
Increase in requirement of safety for all vehicles.
For a full, detailed list, view our report
Market challenge
High cost associated with active/dynamic torque vectoring systems.
For a full, detailed list, view our report
Market trend
Use of MR fluids by Ricardo in torque vectoring systems.
For a full, detailed list, view our report
Read Full Report with TOC@ http://www.marketresearchhub.com/report/global-automotive-torque-vectoring-system-market-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.
About Market Research Hub:
Market Research Hub (MRH) is a next-generation reseller of research reports and analysis. MRH’s expansive collection of Market research reports has been carefully curated to help key personnel and decision makers across industry verticals to clearly visualize their operating environment and take strategic steps.
MRH functions as an integrated platform for the following products and services: Objective and sound market forecasts, qualitative and quantitative analysis, incisive insight into defining industry trends, and market share estimates. Our reputation lies in delivering value and world-class capabilities to our clients.
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