PUBLISHER: Value Market Research | PRODUCT CODE: 1377851
PUBLISHER: Value Market Research | PRODUCT CODE: 1377851
Global Torque Vectoring Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030
The global demand for Torque Vectoring Market is presumed to reach the market size of nearly USD 52.13 BN by 2030 from USD 11.12 BN in 2022 with a CAGR of 21.3% under the study period 2023 - 2030.
Torque vectoring is an advanced automotive technology used to enhance a vehicle's handling, stability, and overall performance by independently controlling the amount of torque (rotational force) delivered to each wheel or axle. This technology is typically found in high-performance and all-wheel-drive vehicles, as well as in some modern electric and hybrid vehicles.
MARKET DYNAMICS:
The Torque vectoring market is on the rise due to a convergence of factors that cater to both performance and safety in the automotive industry. This technology, which optimizes torque distribution to individual wheels, significantly enhances vehicle performance by improving acceleration, cornering capabilities, and overall driving dynamics. It is particularly popular in high-performance vehicles, all-wheel-drive (AWD) systems, and electric or hybrid vehicles, where precise control of torque delivery is crucial. In addition to performance gains, torque vectoring enhances vehicle safety by reducing the risk of understeer and oversteer, making it easier for drivers to maintain control in challenging driving conditions. This aspect is particularly important in promoting road safety and meeting regulatory requirements. As consumers become more performance-conscious and technologically savvy, the demand for vehicles equipped with torque vectoring technology has surged, prompting automakers to incorporate it as a competitive advantage and differentiation factor. Furthermore, technological advancements in sensors, control algorithms, and vehicle electronics continue to make torque vectoring systems more effective and cost-efficient.
The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of torque vectoring. The growth and trends of torque vectoring industry provide a holistic approach to this study.
MARKET SEGMENTATION:
This section of the torque vectoring market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle
By Propulsion
- Front Wheel Drive (FWD)
By Clutch Actuation Type
By EV Type
By Techology
REGIONAL ANALYSIS:
TABLE OF CONTENTS
1 . PREFACE
- 1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
- 1.2. Research Scope
- 1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
3 . TORQUE VECTORING - INDUSTRY ANALYSIS
4 . VALUE CHAIN ANALYSIS
5 . GLOBAL TORQUE VECTORING MARKET ANALYSIS BY VEHICLE TYPE
6 . GLOBAL TORQUE VECTORING MARKET ANALYSIS BY PROPULSION
7 . GLOBAL TORQUE VECTORING MARKET ANALYSIS BY CLUTCH ACTUATION TYPE
8 . GLOBAL TORQUE VECTORING MARKET ANALYSIS BY EV TYPE
9 . GLOBAL TORQUE VECTORING MARKET ANALYSIS BY TECHOLOGY
10 . GLOBAL TORQUE VECTORING MARKET ANALYSIS BY GEOGRAPHY
11 . COMPETITIVE LANDSCAPE OF THE TORQUE VECTORING COMPANIES
12 . COMPANY PROFILES OF TORQUE VECTORING INDUSTRY
Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies
LIST OF TABLES
- Market Snapshot
- Drivers : Impact Analysis
- Restraints : Impact Analysis
- List of Raw Material
- List of Raw Material Manufactures
- Analysis by Vehicle Type (USD MN)
- Passenger Car Market Sales by Geography (USD MN)
- Light Commercial Vehicle Market Sales by Geography (USD MN)
- Analysis Market by Propulsion (USD MN)
- Front Wheel Drive (FWD) Market Sales by Geography (USD MN)
- Rear Wheel Drive (RWD) Market Sales by Geography (USD MN)
- All Wheel Drive/Four Wheel Drive (4WD) Market Sales by Geography (USD MN)
LIST OF FIGURES
Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.
