Torque Vectoring Market
Report ID: SQMIG25E2112
Report ID: SQMIG25E2112
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Report ID:
SQMIG25E2112 |
Region:
Global |
Published Date: November, 2024
Pages:
223
|Tables:
162
|Figures:
74
Torque Vectoring Market size was valued at USD 9.35 Billion in 2024 and is poised to grow from USD 10.79 Billion in 2025 to USD 33.93 Billion by 2033, growing at a CAGR of 15.4% during the forecast period (2026–2033).
Torque vectoring is a cutting-edge technology integrated into vehicles to elevate their handling, stability, and overall performance by adeptly managing the distribution of torque among the wheels.
Its operational mechanism involves selectively adjusting torque allocation to different wheels based on an array of factors such as speed, steering angle, road conditions, and traction. This technology achieves its finesse by strategically applying more torque to specific wheels while reducing torque to others.
By engaging in this precise braking or acceleration of individual wheels, torque vectoring significantly enhances a vehicle's cornering capabilities, mitigates issues like understeer or oversteer, prevents wheel slippage, and bolsters traction and stability, particularly in challenging scenarios like navigating wet or slippery roads, off-road terrains, or executing high-speed maneuvers.
The implementation of torque vectoring encompasses diverse methods, spanning mechanical, hydraulic, electric, or electronic systems, each contributing uniquely to optimize a vehicle's performance and handling dynamics.
Market snapshot - 2026-2033
Global Market Size
USD 8.1 Billion
Largest Segment
Commercial Vehicle
Fastest Growth
Growth Rate
15.4% CAGR
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Global Torque Vectoring Market is segmented by Component, Technology, Clutch Actuation Type, Vehicle type, Propulsion and region. Based on component, the market is segmented into Hardware and Services. Based on Technology, the market is segmented into Active torque vectoring system (ATVS) and Passive torque vectoring system (PTVS). Based on Clutch Actuation Type, the market is segmented into Electric and Hydraulic. Based on Driving Wheel, the market is segmented into Rear-wheel drive (RWD), and Front-wheel drive (FWD), All-wheel drive/four-wheel drive (AWD/4WD). Based on Vehicle type, the market is segmented into Commercial vehicles, and Off-road vehicle. Based on Propulsion, the market is segmented into Diesel/Petrol/CNG and Electric vehicle. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
The AWD/4WD segment stands poised to hold the dominant share within the torque vectoring market, largely propelled by the surging demand for SUVs and various off-road vehicle categories. Despite a comparatively smaller market share, the FWD segment is also anticipated to experience incremental growth, attributed to ongoing innovations and advancements by manufacturers aiming to develop and introduce new torque vectoring systems tailored for these front-wheel-drive vehicles.
The rear-wheel drive (RWD) segment holds a notable position within the torque vectoring market, particularly in the realm of high-performance vehicles. RWD configurations, known for their inherent balance and handling characteristics, have become a focal point for integrating torque vectoring technology. By employing torque vectoring systems, RWD vehicles can optimize power distribution to the rear wheels, enhancing traction, stability, and cornering capabilities. This segment's emphasis on precision handling and dynamic driving experiences has fueled the integration of advanced torque vectoring mechanisms, contributing significantly to improving overall vehicle performance and driver engagement.
The passenger vehicle segment is poised to witness a substantial growth rate, projected at a CAGR of 17.34% throughout the forecast period in 2022. This surge is primarily attributed to several factors distinguishing passenger vehicles, which commonly boast more sophisticated features and systems compared to their light commercial counterparts. Moreover, the escalating consumer demand for high-performance vehicles further fuels this growth trajectory. Additionally, the anticipated proliferation of torque vectoring systems integrated with Advanced Driver Assistance Systems (ADAS) serves as a significant driver specifically within the passenger car segment, contributing significantly to the increasing popularity and adoption of these technologies in this vehicle category.
The commercial vehicle segment plays a distinctive role in the torque vectoring market, albeit with different emphases compared to passenger or high-performance vehicles. While historically less prominent in adopting advanced driving technologies such as torque vectoring, there's a growing interest in integrating such systems within specific commercial vehicle categories. For instance, certain heavy-duty trucks or delivery vehicles benefit from torque vectoring's potential to enhance stability, especially when navigating challenging terrains or carrying heavy loads.
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Anticipated growth in North America is strongly influenced by several key drivers. The region's burgeoning demand for high-performance and luxury vehicles serves as a primary catalyst, propelling the adoption of torque vectoring systems to enhance driving dynamics and performance. Additionally, there's a growing emphasis on safety and efficiency within the automotive sector, further incentivizing the integration of these advanced technologies. North America's automotive landscape benefits from the presence of major manufacturers and suppliers in the region,
The Asia Pacific torque vectoring market represents a swiftly burgeoning sector at the forefront of leveraging advanced automotive technology to enhance vehicle stability and handling dynamics. At its core, torque vectoring technology empowers individual wheels to receive distinct and variable amounts of torque, a mechanism that profoundly enhances overall vehicle performance and handling characteristics. This innovative technology enables precise control over torque distribution, allowing for optimized traction, improved cornering capabilities, and enhanced stability during various driving conditions.
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Rising Popularity of Electric and Hybrid Vehicles
Complexity of the System
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The competitive environment of the Global Torque Vectoring Market is dynamic and characterized by the presence of a mix of well-established brands, emerging players, and niche producers. Innovation is a key competitive factor. Leading brands invest in research and development to introduce new flavors, packaging formats, and health-focused variations to cater to changing consumer preferences. They often set the trends in the industry.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research. The automotive industry has witnessed a steady rise in the demand for torque vectoring technologies and systems in recent years, fueled by various factors contributing to enhanced vehicle handling, safety, and performance. Factors such as the surge in all-wheel drive (AWD) and electric vehicle (EV) adoption, coupled with the necessity for refined vehicle dynamics, have propelled this trend. According to a report from MMR, the global torque vectoring market size is anticipated to experience a compound annual growth rate (CAGR) of 16.88% throughout the forecast period. This significant expansion is primarily attributed to several key drivers, including the increasing consumer preference for advanced driving assistance systems (ADAS), the escalating popularity of electric and hybrid vehicles, and the emerging practice of integrating torque vectoring technology with other safety and performance features in automobiles.
| Report Metric | Details |
|---|---|
| Market size value in 2024 | USD 9.35 Billion |
| Market size value in 2033 | USD 33.93 Billion |
| Growth Rate | 15.4% |
| Base year | 2024 |
| Forecast period | 2026-2033 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
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| Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Torque Vectoring Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Torque Vectoring Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
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Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Torque Vectoring Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Torque Vectoring Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
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