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Torque Vectoring System-Global Market Insights and Sales Trends 2024
Synopsis
Torque vectoring is a technology employed in automobile differentials. A differential transfers engine torque to the wheels. Torque vectoring technology provides the differential with the ability to vary the torque to each wheel.
The global Torque Vectoring System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Torque Vectoring System in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Torque Vectoring System market. Front Wheel Drive(FWD), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rear Wheel Drive(RWD) segment is estimated at % CAGR for the next seven-year period.
AWD/4WD is estimated to be the largest as well as the fastest growing segment of the torque vectoring market during the forecast period. The AWD/4WD segment is mainly driven by growing demand for SUVs, increasing demand for improved vehicle safety, stability, and enhanced driving dynamics. The AWD/4WD systems find their application mostly in the premium car segment and SUVs. Improving economic conditions, increasing industrialization, and the improving living standards of consumers around the world have increased the demand for premium segment cars and SUVs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torque Vectoring System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torque Vectoring System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torque Vectoring System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torque Vectoring System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torque Vectoring System covered in this report include GKN, American Axle, Dana, BorgWarner, Eaton, ZF, JTEKT, Getrag and Bosch, etc.
The global Torque Vectoring System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GKN
American Axle
Dana
BorgWarner
Eaton
ZF
JTEKT
Getrag
Bosch
Univance
Schaeffler
Timken
Ricardo
Oerlikon Graziano
Global Torque Vectoring System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Torque Vectoring System market, Segment by Type:
Front Wheel Drive(FWD)
Rear Wheel Drive(RWD)
All Wheel Drive/Four Wheel Drive(4WD)
Global Torque Vectoring System market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Torque Vectoring System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Torque vectoring is a technology employed in automobile differentials. A differential transfers engine torque to the wheels. Torque vectoring technology provides the differential with the ability to vary the torque to each wheel.
The global Torque Vectoring System market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Torque Vectoring System in various end use industries. The expanding demands from the Passenger Car and Commercial Vehicle, are propelling Torque Vectoring System market. Front Wheel Drive(FWD), one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rear Wheel Drive(RWD) segment is estimated at % CAGR for the next seven-year period.
AWD/4WD is estimated to be the largest as well as the fastest growing segment of the torque vectoring market during the forecast period. The AWD/4WD segment is mainly driven by growing demand for SUVs, increasing demand for improved vehicle safety, stability, and enhanced driving dynamics. The AWD/4WD systems find their application mostly in the premium car segment and SUVs. Improving economic conditions, increasing industrialization, and the improving living standards of consumers around the world have increased the demand for premium segment cars and SUVs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torque Vectoring System, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torque Vectoring System market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torque Vectoring System market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torque Vectoring System sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torque Vectoring System covered in this report include GKN, American Axle, Dana, BorgWarner, Eaton, ZF, JTEKT, Getrag and Bosch, etc.
The global Torque Vectoring System market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
GKN
American Axle
Dana
BorgWarner
Eaton
ZF
JTEKT
Getrag
Bosch
Univance
Schaeffler
Timken
Ricardo
Oerlikon Graziano
Global Torque Vectoring System market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Torque Vectoring System market, Segment by Type:
Front Wheel Drive(FWD)
Rear Wheel Drive(RWD)
All Wheel Drive/Four Wheel Drive(4WD)
Global Torque Vectoring System market, by Application
Passenger Car
Commercial Vehicle
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Torque Vectoring System companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Torque Vectoring System
1.1 Torque Vectoring System Market Overview
1.1.1 Torque Vectoring System Product Scope
1.1.2 Torque Vectoring System Market Status and Outlook
1.2 Global Torque Vectoring System Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Torque Vectoring System Market Size by Region (2018-2029)
1.4 Global Torque Vectoring System Historic Market Size by Region (2018-2023)
1.5 Global Torque Vectoring System Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Torque Vectoring System Market Size (2018-2029)
1.6.1 North America Torque Vectoring System Market Size (2018-2029)
1.6.2 Europe Torque Vectoring System Market Size (2018-2029)
1.6.3 Asia-Pacific Torque Vectoring System Market Size (2018-2029)
1.6.4 Latin America Torque Vectoring System Market Size (2018-2029)
1.6.5 Middle East & Africa Torque Vectoring System Market Size (2018-2029)
2 Torque Vectoring System Market by Type
2.1 Introduction
2.1.1 Front Wheel Drive(FWD)
2.1.2 Rear Wheel Drive(RWD)
2.1.3 All Wheel Drive/Four Wheel Drive(4WD)
2.2 Global Torque Vectoring System Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Torque Vectoring System Historic Market Size by Type (2018-2023)
2.2.2 Global Torque Vectoring System Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Torque Vectoring System Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Torque Vectoring System Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Torque Vectoring System Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Torque Vectoring System Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Torque Vectoring System Revenue Breakdown by Type (2018-2029)
3 Torque Vectoring System Market Overview by Application
3.1 Introduction
3.1.1 Passenger Car
3.1.2 Commercial Vehicle
3.2 Global Torque Vectoring System Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Torque Vectoring System Historic Market Size by Application (2018-2023)
3.2.2 Global Torque Vectoring System Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Torque Vectoring System Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Torque Vectoring System Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Torque Vectoring System Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Torque Vectoring System Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Torque Vectoring System Revenue Breakdown by Application (2018-2029)
4 Torque Vectoring System Competition Analysis by Players
4.1 Global Torque Vectoring System Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Torque Vectoring System as of 2022)
4.3 Date of Key Players Enter into Torque Vectoring System Market
4.4 Global Top Players Torque Vectoring System Headquarters and Area Served
4.5 Key Players Torque Vectoring System Product Solution and Service
4.6 Competitive Status
4.6.1 Torque Vectoring System Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 GKN
5.1.1 GKN Profile
5.1.2 GKN Main Business
5.1.3 GKN Torque Vectoring System Products, Services and Solutions
5.1.4 GKN Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.1.5 GKN Recent Developments
5.2 American Axle
5.2.1 American Axle Profile
5.2.2 American Axle Main Business
5.2.3 American Axle Torque Vectoring System Products, Services and Solutions
5.2.4 American Axle Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.2.5 American Axle Recent Developments
5.3 Dana
5.3.1 Dana Profile
5.3.2 Dana Main Business
5.3.3 Dana Torque Vectoring System Products, Services and Solutions
5.3.4 Dana Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.3.5 BorgWarner Recent Developments
5.4 BorgWarner
5.4.1 BorgWarner Profile
5.4.2 BorgWarner Main Business
5.4.3 BorgWarner Torque Vectoring System Products, Services and Solutions
5.4.4 BorgWarner Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.4.5 BorgWarner Recent Developments
5.5 Eaton
5.5.1 Eaton Profile
5.5.2 Eaton Main Business
5.5.3 Eaton Torque Vectoring System Products, Services and Solutions
5.5.4 Eaton Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.5.5 Eaton Recent Developments
5.6 ZF
5.6.1 ZF Profile
5.6.2 ZF Main Business
5.6.3 ZF Torque Vectoring System Products, Services and Solutions
5.6.4 ZF Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.6.5 ZF Recent Developments
5.7 JTEKT
5.7.1 JTEKT Profile
5.7.2 JTEKT Main Business
5.7.3 JTEKT Torque Vectoring System Products, Services and Solutions
5.7.4 JTEKT Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.7.5 JTEKT Recent Developments
5.8 Getrag
5.8.1 Getrag Profile
5.8.2 Getrag Main Business
5.8.3 Getrag Torque Vectoring System Products, Services and Solutions
5.8.4 Getrag Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.8.5 Getrag Recent Developments
5.9 Bosch
5.9.1 Bosch Profile
5.9.2 Bosch Main Business
5.9.3 Bosch Torque Vectoring System Products, Services and Solutions
5.9.4 Bosch Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.9.5 Bosch Recent Developments
5.10 Univance
5.10.1 Univance Profile
5.10.2 Univance Main Business
5.10.3 Univance Torque Vectoring System Products, Services and Solutions
5.10.4 Univance Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.10.5 Univance Recent Developments
5.11 Schaeffler
5.11.1 Schaeffler Profile
5.11.2 Schaeffler Main Business
5.11.3 Schaeffler Torque Vectoring System Products, Services and Solutions
5.11.4 Schaeffler Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.11.5 Schaeffler Recent Developments
5.12 Timken
5.12.1 Timken Profile
5.12.2 Timken Main Business
5.12.3 Timken Torque Vectoring System Products, Services and Solutions
5.12.4 Timken Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.12.5 Timken Recent Developments
5.13 Ricardo
5.13.1 Ricardo Profile
5.13.2 Ricardo Main Business
5.13.3 Ricardo Torque Vectoring System Products, Services and Solutions
5.13.4 Ricardo Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.13.5 Ricardo Recent Developments
5.14 Oerlikon Graziano
5.14.1 Oerlikon Graziano Profile
5.14.2 Oerlikon Graziano Main Business
5.14.3 Oerlikon Graziano Torque Vectoring System Products, Services and Solutions
5.14.4 Oerlikon Graziano Torque Vectoring System Revenue (US$ Million) & (2018-2023)
5.14.5 Oerlikon Graziano Recent Developments
6 North America
6.1 North America Torque Vectoring System Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Torque Vectoring System Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Torque Vectoring System Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Torque Vectoring System Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Torque Vectoring System Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Torque Vectoring System Market Dynamics
11.1 Torque Vectoring System Industry Trends
11.2 Torque Vectoring System Market Drivers
11.3 Torque Vectoring System Market Challenges
11.4 Torque Vectoring System Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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