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Global Torque Vectoring System Market Research Report 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 was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Torque Vectoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Torque Vectoring System.
Report Scope
The Torque Vectoring System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Torque Vectoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Torque Vectoring System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GKN
American Axle
Dana
BorgWarner
Eaton
ZF
JTEKT
Getrag
Bosch
Univance
Schaeffler
Timken
Ricardo
Oerlikon Graziano
Segment by Type
Front Wheel Drive(FWD)
Rear Wheel Drive(RWD)
All Wheel Drive/Four Wheel Drive(4WD)
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Torque Vectoring System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
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 was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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.
This report aims to provide a comprehensive presentation of the global market for Torque Vectoring System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Torque Vectoring System.
Report Scope
The Torque Vectoring System market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Torque Vectoring System market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Torque Vectoring System companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
GKN
American Axle
Dana
BorgWarner
Eaton
ZF
JTEKT
Getrag
Bosch
Univance
Schaeffler
Timken
Ricardo
Oerlikon Graziano
Segment by Type
Front Wheel Drive(FWD)
Rear Wheel Drive(RWD)
All Wheel Drive/Four Wheel Drive(4WD)
Segment by Application
Passenger Car
Commercial Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Nordic Countries
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. 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 2: Introduces executive summary of global market size, regional market size, 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 3: Detailed analysis of Torque Vectoring System companies’ competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.
Index1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Torque Vectoring System Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Front Wheel Drive(FWD)
1.2.3 Rear Wheel Drive(RWD)
1.2.4 All Wheel Drive/Four Wheel Drive(4WD)
1.3 Market by Application
1.3.1 Global Torque Vectoring System Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Torque Vectoring System Market Perspective (2019-2030)
2.2 Torque Vectoring System Growth Trends by Region
2.2.1 Global Torque Vectoring System Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Torque Vectoring System Historic Market Size by Region (2019-2024)
2.2.3 Torque Vectoring System Forecasted Market Size by Region (2025-2030)
2.3 Torque Vectoring System Market Dynamics
2.3.1 Torque Vectoring System Industry Trends
2.3.2 Torque Vectoring System Market Drivers
2.3.3 Torque Vectoring System Market Challenges
2.3.4 Torque Vectoring System Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Torque Vectoring System Players by Revenue
3.1.1 Global Top Torque Vectoring System Players by Revenue (2019-2024)
3.1.2 Global Torque Vectoring System Revenue Market Share by Players (2019-2024)
3.2 Global Torque Vectoring System Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Torque Vectoring System Revenue
3.4 Global Torque Vectoring System Market Concentration Ratio
3.4.1 Global Torque Vectoring System Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Torque Vectoring System Revenue in 2023
3.5 Torque Vectoring System Key Players Head office and Area Served
3.6 Key Players Torque Vectoring System Product Solution and Service
3.7 Date of Enter into Torque Vectoring System Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Torque Vectoring System Breakdown Data by Type
4.1 Global Torque Vectoring System Historic Market Size by Type (2019-2024)
4.2 Global Torque Vectoring System Forecasted Market Size by Type (2025-2030)
5 Torque Vectoring System Breakdown Data by Application
5.1 Global Torque Vectoring System Historic Market Size by Application (2019-2024)
5.2 Global Torque Vectoring System Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Torque Vectoring System Market Size (2019-2030)
6.2 North America Torque Vectoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Torque Vectoring System Market Size by Country (2019-2024)
6.4 North America Torque Vectoring System Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Torque Vectoring System Market Size (2019-2030)
7.2 Europe Torque Vectoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Torque Vectoring System Market Size by Country (2019-2024)
7.4 Europe Torque Vectoring System Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Torque Vectoring System Market Size (2019-2030)
8.2 Asia-Pacific Torque Vectoring System Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Torque Vectoring System Market Size by Region (2019-2024)
8.4 Asia-Pacific Torque Vectoring System Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Torque Vectoring System Market Size (2019-2030)
9.2 Latin America Torque Vectoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Torque Vectoring System Market Size by Country (2019-2024)
9.4 Latin America Torque Vectoring System Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Torque Vectoring System Market Size (2019-2030)
10.2 Middle East & Africa Torque Vectoring System Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Torque Vectoring System Market Size by Country (2019-2024)
10.4 Middle East & Africa Torque Vectoring System Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 GKN
11.1.1 GKN Company Detail
11.1.2 GKN Business Overview
11.1.3 GKN Torque Vectoring System Introduction
11.1.4 GKN Revenue in Torque Vectoring System Business (2019-2024)
11.1.5 GKN Recent Development
11.2 American Axle
11.2.1 American Axle Company Detail
11.2.2 American Axle Business Overview
11.2.3 American Axle Torque Vectoring System Introduction
11.2.4 American Axle Revenue in Torque Vectoring System Business (2019-2024)
11.2.5 American Axle Recent Development
11.3 Dana
11.3.1 Dana Company Detail
11.3.2 Dana Business Overview
11.3.3 Dana Torque Vectoring System Introduction
11.3.4 Dana Revenue in Torque Vectoring System Business (2019-2024)
11.3.5 Dana Recent Development
11.4 BorgWarner
11.4.1 BorgWarner Company Detail
11.4.2 BorgWarner Business Overview
11.4.3 BorgWarner Torque Vectoring System Introduction
11.4.4 BorgWarner Revenue in Torque Vectoring System Business (2019-2024)
11.4.5 BorgWarner Recent Development
11.5 Eaton
11.5.1 Eaton Company Detail
11.5.2 Eaton Business Overview
11.5.3 Eaton Torque Vectoring System Introduction
11.5.4 Eaton Revenue in Torque Vectoring System Business (2019-2024)
11.5.5 Eaton Recent Development
11.6 ZF
11.6.1 ZF Company Detail
11.6.2 ZF Business Overview
11.6.3 ZF Torque Vectoring System Introduction
11.6.4 ZF Revenue in Torque Vectoring System Business (2019-2024)
11.6.5 ZF Recent Development
11.7 JTEKT
11.7.1 JTEKT Company Detail
11.7.2 JTEKT Business Overview
11.7.3 JTEKT Torque Vectoring System Introduction
11.7.4 JTEKT Revenue in Torque Vectoring System Business (2019-2024)
11.7.5 JTEKT Recent Development
11.8 Getrag
11.8.1 Getrag Company Detail
11.8.2 Getrag Business Overview
11.8.3 Getrag Torque Vectoring System Introduction
11.8.4 Getrag Revenue in Torque Vectoring System Business (2019-2024)
11.8.5 Getrag Recent Development
11.9 Bosch
11.9.1 Bosch Company Detail
11.9.2 Bosch Business Overview
11.9.3 Bosch Torque Vectoring System Introduction
11.9.4 Bosch Revenue in Torque Vectoring System Business (2019-2024)
11.9.5 Bosch Recent Development
11.10 Univance
11.10.1 Univance Company Detail
11.10.2 Univance Business Overview
11.10.3 Univance Torque Vectoring System Introduction
11.10.4 Univance Revenue in Torque Vectoring System Business (2019-2024)
11.10.5 Univance Recent Development
11.11 Schaeffler
11.11.1 Schaeffler Company Detail
11.11.2 Schaeffler Business Overview
11.11.3 Schaeffler Torque Vectoring System Introduction
11.11.4 Schaeffler Revenue in Torque Vectoring System Business (2019-2024)
11.11.5 Schaeffler Recent Development
11.12 Timken
11.12.1 Timken Company Detail
11.12.2 Timken Business Overview
11.12.3 Timken Torque Vectoring System Introduction
11.12.4 Timken Revenue in Torque Vectoring System Business (2019-2024)
11.12.5 Timken Recent Development
11.13 Ricardo
11.13.1 Ricardo Company Detail
11.13.2 Ricardo Business Overview
11.13.3 Ricardo Torque Vectoring System Introduction
11.13.4 Ricardo Revenue in Torque Vectoring System Business (2019-2024)
11.13.5 Ricardo Recent Development
11.14 Oerlikon Graziano
11.14.1 Oerlikon Graziano Company Detail
11.14.2 Oerlikon Graziano Business Overview
11.14.3 Oerlikon Graziano Torque Vectoring System Introduction
11.14.4 Oerlikon Graziano Revenue in Torque Vectoring System Business (2019-2024)
11.14.5 Oerlikon Graziano Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
Published By : QY Research
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