Title: Torque Vectoring Market - Forecast(2022 - 2027)
1Torque Vectoring MarketMarket size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2022-2027
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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. - According to the International Energy Agency,
SUVs account for about 39 of the total car sales
in 2019.
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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.
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Torque Vectoring Market Segment Analysis - By
Propulsion 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.
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- Torque Vectoring Market Landscape
- GKN,
- American Axle,
- Dana,
- BorgWarner,
- Eaton,
- ZF,
- JTEKT,
- Magna,
- Bosch and
- Schaeffler
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Torque
Vectoring Market
- Forecast(2022 - 2027) Learn More About
the Report _at_ https//www.industryarc.com/Researc
h/Torque-Vectoring-Market-Research-505713
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- Analyst Briefing
- Data Tables
- Key Contacts
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