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The torque vectoring market is forecasted to grow by USD 13.43 billion during 2023-2028, accelerating at a CAGR of 20.62% during the forecast period. The report on the torque vectoring market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by improved safety and vehicle dynamics, globalization of auto industry to increase demand for automatic transmission vehicles in APAC, and increasing demand for fuel-efficient vehicles.
The torque vectoring market is segmented as below:
By Type
- Passenger car
- Light commercial vehicle
By Geographical Landscape
- Europe
- North America
- APAC
- South America
- Middle East and Africa
The report on the torque vectoring market covers the following areas:
- Torque vectoring market sizing
- Torque vectoring market forecast
- Torque vectoring market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global torque vectoring market: American Axle and Manufacturing Holdings Inc., BorgWarner Inc., Continental AG, Dana Inc., Eaton Corp. Plc, Ford Motor Co., Hyundai Motor Co., JTEKT Corp., Linamar Corp., Magna International Inc., Melrose Industries Plc, Ricardo Plc, Robert Bosch GmbH, Schaeffler AG, Xtrac Ltd., and ZF Friedrichshafen AG.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing demand for electric vehicles."
According to the report, one of the major drivers for this market is the improved safety and vehicle dynamics.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- American Axle and Manufacturing Holdings Inc.
- BorgWarner Inc.
- Continental AG
- Dana Inc.
- Eaton Corp. Plc
- Ford Motor Co.
- Hyundai Motor Co.
- JTEKT Corp.
- Linamar Corp.
- Magna International Inc.
- Melrose Industries Plc
- Ricardo Plc
- Robert Bosch GmbH
- Schaeffler AG
- Xtrac Ltd.
- ZF Friedrichshafen AG