The Torque Vectoring Market size was valued at USD 10.11 Billion in 2023 and the global Torque Vectoring Market is expected to grow at a CAGR of 16.88% from 2024 to 2030, reaching nearly USD 30.12 Billion.

Torque Vectoring Market Overview:

Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Torque Vectoring Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The report provides the current state of the Torque Vectoring market by thorough analysis, and projections are made up to 2030.

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Torque Vectoring Market Scope and Methodology:

The Torque Vectoring market report covers a wide range of topics that impact market dynamics, trends, opportunities, and challenges. It also includes a thorough analysis of the worldwide landscape. This comprehensive analysis also looks at how the market is divided into segments according to services category, company size, end-user sector, and geographical regions. The study also closely examines major industry participants, assessing their approaches, line of business, results, and place in the Torque Vectoring market. To give a comprehensive picture of the market environment, a thorough evaluation of macroeconomic variables, regulatory frameworks, and technical developments is also carried out.

Also, the research offers detailed insights into the dynamics of the Torque Vectoring market, including opportunities, challenges, constraints, and drivers. Using a bottom-up methodology, estimates of the size of the worldwide and regional Torque Vectoring market were developed. The study provides a thorough value chain analysis that clarifies the Torque Vectoring production process and incorporates information about distributors, consumers, and raw materials. Furthermore, the use of PORTER and PESTLE studies, in conjunction with evaluations of market attractiveness, enhances comprehension of the Torque Vectoring market on a global and micro level.

Torque Vectoring Market Segmentation:

by Vehicle Type

1. Passenger Car
2. Light Commercial Vehicle

Throughout the projected period, the passenger vehicle category is anticipated to increase at a CAGR of 17.34% based on vehicle type. Passenger cars often have more sophisticated features and systems than light commercial vehicles, which is what is driving this rise. The passenger car market is also anticipated to expand as a result of the rising demand for high-performance automobiles and the incorporation of torque vectoring systems with ADAS technology.

by Propulsion

1. Front wheel drive (FWD)
2. Rear wheel drive (RWD)
3. All wheel drive/Four wheel drive (4WD)

Because of the rising demand for SUVs and other off-road vehicles, the AWD/4WD sector is anticipated to hold the greatest proportion of the torque vectoring market based on propulsion. But growth is also anticipated in the RWD market, especially in the high-performance vehicle segment. Although a lower market share is anticipated for the FWD segment, growth in this segment is possible if automakers keep coming up with improved torque vectoring technologies for these cars.

by Clutch Actuation Type

1. Hydraulic
2. Electronic

by EV Type

1. BEV
2. HEV

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Torque Vectoring Market Key Players:

1. JTEKT Corporation
2. Continental AG
3. GKN plc
4. BorgWarner Inc.
5. Schaeffler AG
6. ZF Friedrichshafen AG
7. Eaton Corporation
8. Magna International Inc.
9. Mitsubishi Electric Corporation
10. Dana Incorporated
11. American Axle & Manufacturing Holdings, Inc.
12. Robert Bosch GmbH
13. AVL List GmbH
14. Ricardo plc
15. Oerlikon Graziano
16. Infineon Technologies AG
17. Timken

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Torque Vectoring Market Regional Insights :

The size and trends in the Torque Vectoring market in each of the following regions are thoroughly examined in this research: North America (which includes the United States, Canada, and Mexico); Europe (which includes France, Spain, Germany, Italy, and other European countries); Asia-Pacific (which includes China, Japan, India, Australia, South Korea, ASEAN countries, and others APAC countries); South America (which includes Argentina, Brazil, and other South American countries); and Middle East and Africa (which includes South Africa, Egypt, and other MEA countries).

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Key questions answered in the Torque Vectoring Market are:

• What is Torque Vectoring?
• What was the Torque Vectoring market size in 2023?
• Which are the factors expected to drive the Torque Vectoring market growth?
• Who are the leading companies and what are their portfolios in Torque Vectoring Market?
• What growth strategies are the players considering to increase their presence in Torque Vectoring?
• What are the upcoming industry applications and trends for the Torque Vectoring Market?
• What will be the CAGR at which the Torque Vectoring market will grow?
• What are the recent industry trends that can be implemented to generate additional revenue streams for the Torque Vectoring Market?
• What are the different segments of the Torque Vectoring Market?
• What is the growth rate of the Torque Vectoring Market?
• What segments are covered in the Torque Vectoring Market?
• Who are the key players in the Torque Vectoring market?
• What are the key challenges and opportunities in the Torque Vectoring market?
• Which application holds the highest potential in the Torque Vectoring market?

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Key Offerings:

• Past Market Size and Competitive Landscape (2018 to 2023)
• Past Pricing and price curve by region (2018 to 2023)
• Market Size, Share, Size & Forecast by different segment | 2024−2030
• Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
• Market Segmentation – A detailed analysis by segment with their sub-segments and Region
• Competitive Landscape – Profiles of selected key players by region from a strategic perspective
  • Competitive landscape – Market Leaders, Market Followers, Regional player
  • Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER’s analysis
• Value chain and supply chain analysis
• Legal Aspects of Business by Region
• Lucrative business opportunities with SWOT analysis
• Recommendations

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