Press release
Automotive Torque Vectoring Market USD 18.88 billion by 2029
The Automotive Torque Vectoring Market sector is undergoing significant transformation, with substantial growth and technological advancements expected by 2031. According to a new in-depth market research report, the sector is poised for expansion, driven by various factors such as market size, share, and emerging trends.This comprehensive report provides key insights into the Automotive Torque Vectoring market, exploring critical market segmentation and definitions. It highlights the essential components driving growth, offering a clear picture of the industry's trajectory. Utilizing SWOT and PESTEL analyses, the report evaluates the market's strengths, weaknesses, opportunities, and threats, while also considering political, economic, social, technological, environmental, and legal factors that impact the market landscape.
The study offers valuable insights into the competitive landscape, highlighting recent developments and geographical distribution across key regions. Expert competitor analysis provides a detailed understanding of market dynamics, offering strategic guidance for businesses and investors.
With robust analysis and future projections, this report serves as a vital resource for stakeholders looking to capitalize on emerging opportunities and navigate challenges in the Automotive Torque Vectoring market.
What is the projected market size & growth rate of the Automotive Torque Vectoring Market?
Market Analysis and Size
Automotive torque vectoring has gained immense popularity in all-wheel drive vehicles. Emerging new front-wheel drive vehicles are coming up with rudimentary torque vectoring differential. Torque vectoring differentials are being incorporated in vehicles with technological advanced systems for better handling and launch.
Global Automotive Torque Vectoring Market was valued at USD 7.41 billion in 2021 and is expected to reach USD 18.88 billion by 2029, registering a CAGR of 12.40% during the forecast period of 2022-2029. Passenger Car accounts for the largest vehicle type segment in the respective market owing to the increased consumer preference for economic car options. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
Browse Detailed TOC, Tables and Figures with Charts which is spread across 350 Pages that provides exclusive data, information, vital statistics, trends, and competitive landscape details in this niche sector.
This research report is the result of an extensive primary and secondary research effort into the Automotive Torque Vectoring market. It provides a thorough overview of the market's current and future objectives, along with a competitive analysis of the industry, broken down by application, type and regional trends. It also provides a dashboard overview of the past and present performance of leading companies. A variety of methodologies and analyses are used in the research to ensure accurate and comprehensive information about the Automotive Torque Vectoring Market.
Get a Sample PDF of Report - https://www.databridgemarketresearch.com/request-a-sample/?dbmr=global-automotive-torque-vectoring-market
Which are the driving factors of the Automotive Torque Vectoring market?
The driving factors of the Automotive Torque Vectoring market include technological advancements that enhance product efficiency and user experience, increasing consumer demand driven by changing lifestyle preferences, and favorable government regulations and policies that support market growth. Additionally, rising investment in research and development and the expanding application scope of Automotive Torque Vectoring across various industries further propel market expansion.
Automotive Torque Vectoring Market - Competitive and Segmentation Analysis:
Global Automotive Torque Vectoring Market, By Vehicle Type (Passenger Car, Light Commercial Vehicle), Propulsion (Front Wheel Drive, Rear Wheel Drive, All Wheel Drive/Four Wheel Drive), Clutch Actuation Type (Hydraulic, Electronic), EV Type (BEV (Battery Electric Vehicle), HEV (Hybrid electric Vehicle)), Technology (Active Torque Vectoring System, Passive Torque Vectoring System) - Industry Trends and Forecast to 2031
How do you determine the list of the key players included in the report?
With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.
Which are the top companies operating in the Automotive Torque Vectoring market?
Some of the major players operating in the automotive torque vectoring market are
GKN Automotive (UK)
Eaton. (Ireland)
American Axle & Manufacturing, Inc. (US)
Dana Limited. (US)
BorgWarner Inc. (US)
Linamar Corporation (Canada)
Schaeffler (Germany)
ZF Friedrichshafen AG (Germany)
JTEKT Corporation. (Japan)
Continental AG (Germany)
Auburn Gear, LLC. (US)
Neapco Holdings (US)
Magna International Inc. (Canada)
Drexler Automotive GmbH (Germany)
RT Quaife Engineering Ltd. (UK)
Xtrac Ltd (UK)
NSK Ltd. (Japan)
Bharat Gears Ltd. (India)
CUSCO Japan co.,ltd. (US)
Short Description About Automotive Torque Vectoring Market:
The Global Automotive Torque Vectoring market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
North America, especially The United States, will still play an important role which can not be ignored. Any changes from United States might affect the development trend of Automotive Torque Vectoring. The market in North America is expected to grow considerably during the forecast period. The high adoption of advanced technology and the presence of large players in this region are likely to create ample growth opportunities for the market.
Europe also play important roles in global market, with a magnificent growth in CAGR During the Forecast period 2024-2031.
Automotive Torque Vectoring Market size is projected to reach Multimillion USD by 2031, In comparison to 2024, at unexpected CAGR during 2024-2031.
Despite the presence of intense competition, due to the global recovery trend is clear, investors are still optimistic about this area, and it will still be more new investments entering the field in the future.
This report focuses on the Automotive Torque Vectoring in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
What are your main data sources?
Both Primary and Secondary data sources are being used while compiling the report. Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users. Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
What are the key regions in the global Automotive Torque Vectoring market?
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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Data Bridge Market Research
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Email:- corporatesales@databridgemarketresearch.com
Data Bridge Market Research:
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Data Bridge Market Research is a market research and consulting company that stands out for its innovative and distinctive approach, as well as its unmatched resilience and integrated methods. We are dedicated to identifying the best market opportunities, and providing insightful information that will help your business thrive in the marketplace. Data Bridge offers tailored solutions to complex business challenges. This facilitates a smooth decision-making process. Data Bridge was founded in Pune in 2015. It is the product of deep wisdom and experience.
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