Torque Vectoring Market

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Torque Vectoring MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2023-2028
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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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• 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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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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• Torque Vectoring Market Industry Outlook
• GKN
• American Axle
• Dana
• BorgWarner
• Eaton
• ZF
• JTEKT
• Magna
• Bosch
• Schaeffler

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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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• Analyst Briefing
• Data Tables
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