Torque Vectoring Market - PowerPoint PPT Presentation

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Torque Vectoring Market

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Torque vectoring is a technique used in automotive differentials. Torque Vectoring Market is forecast to reach $19.8 billion by 2026, after growing at a CAGR of 18.4% during 2021-2026. – PowerPoint PPT presentation

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Title: Torque Vectoring Market


1
Torque Vectoring MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
Contact Venkat Reddy sales_at_industryarc.com
(1) 970-236-3677
2
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Torque vectoring is a technique used in
automotive differentials. Torque Vectoring Market
is forecast to reach 19.8 billion by 2026, after
growing at a CAGR of 18.4 during 2021-2026. The
torque vectoring market for the automotive sector
is mainly driven by increased demand for luxury
and performance vehicles including SUVs,
crossovers and off-highway vehicles.
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3
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  • Key Takeaways
  • Europe market dominates the Torque Vectoring
    industry owing to increasing demand from
    applications such as the automotive and aviation
    industries.
  • Increasing demand for battery electric vehicles
    and the ban on diesel and gasoline vehicles going
    forward in the European countries will create
    hurdles for the Torque Vectoring market.
  • All-wheel drive vectoring segments hold the
    highest market share due to their extensive use
    and enhanced usability.
  • The passenger car segment is expected to grow at
    a CAGR of 15.42 during the forecast period.

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4
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By Distribution Channel- Segment
Analysis All-wheel drive vectoring system
segments have the largest market share at 48 in
2019 due to their widespread use and improved
functionality. A 4WD (four-wheel drive) system
provides extreme traction for all vehicle wheels
which eliminates loss of control, particularly on
slippery roads. In addition an AWD or all-wheel
drive system involves all four wheels in a
vehicle and eliminates the need for 4WD to 2wd
(Two-wheel drive) mode switching. The All-wheel
Drive systems market is expected to grow by a
CAGR of 8.8 during 2021-2026 due to its large
adoption in sports utility vehicles (SUVs)
segment. This is likely to create opportunity for
torque vectoring market.
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5
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  • Torque Vectoring Market Industry Outlook
  • GKN
  • American Axle
  • Dana
  • BorgWarner
  • Eaton
  • ZF
  • JTEKT
  • Magna
  • Bosch
  • Schaeffler

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6
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Torque Vectoring Market - Forecast(2023 -
2028) Learn More About the Report _at_
https//www.industryarc.com/Research/Torque-Vector
ing-Market-Research-505713
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7
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  • You Can Customize the Report as Per Your Need.
    We have included Some Customization Options
  • Company Profile
  • Analyst Briefing
  • Data Tables
  • Key Contacts
  • Free Customization
  • Purchase Full Report _at_ https//www.industryarc.com
    /purchasereport.php?id505713

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8
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
_at_ http//www.linkedin.com/company/industryarc
Contact (1) 970-236-3677
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