Global Torque Vectoring Market - 2023-2030

Global Torque Vectoring Market - 2023-2030


Global Torque Vectoring Market reached US$ 8.9 billion in 2022 and is expected to reach US$ 14.8 billion by 2030, growing with a CAGR of 19.9% during the forecast period 2023-2030.

Torque vectoring is a cutting-edge technology that allows vehicles to optimize power distribution to individual wheels, improving stability, maneuverability, and overall driving experience. By precisely adjusting the torque delivered to individual wheels, torque vectoring optimizes traction, handling, and stability, especially during cornering and slippery road conditions. The technology significantly enhances vehicle performance, safety, and overall driving experience. The global automotive industry has witnessed significant advancements in technology, transforming the way vehicles operate and enhancing overall driving performance.

The front wheel drive has witnessed rapid growth and currently holds more than half of the market share. It has witnessed significant growth due to the technology's manifold benefits in enhancing handling, stability, and performance. Likewise, the Asia-Pacific dominates the torque vectoring market, capturing the largest market share of over one-third. The Asia-Pacific’s dominance is driven by the increasing demand for high-performance vehicles and advancements in automotive technology.

Market Dynamics

Advancements in Automotive Technology and Increasing Demand for Performance and Handling

Advancements in automotive technology have played a vital role in the growth of the torque vectoring market. With the advent of sensors, electronic control units (ECUs), and sophisticated algorithms, automakers can implement precise torque vectoring systems that respond instantaneously to driving conditions. The technological advancements have resulted in more effective and efficient torque distribution, boosting vehicle performance and stability.

The continuous development of sensors and ECUs enables automakers to offer various torque vectoring modes, such as rear-wheel torque vectoring and individual wheel torque vectoring, further enhancing the driving experience. The rapid evolution of automotive technology has fueled the adoption of torque vectoring systems, supporting the expansion of the global torque vectoring market.

The growing demand for high-performance vehicles with superior handling capabilities is another major driver for the torque vectoring market. Consumers, especially automotive enthusiasts, seek vehicles that offer thrilling driving experiences, sharp cornering, and precise control. Torque vectoring technology allows automakers to deliver these qualities, enabling vehicles to navigate corners with precision and agility.

The performance and handling aspects have become significant factors influencing vehicle purchasing decisions. The demand for improved performance has driven automakers to adopt torque vectoring systems, thus propelling the growth of the global torque vectoring market.

Increasing Demand for Safety, Stability, Performance and Handling

One of the primary drivers of the torque vectoring market is the emphasis on safety and stability in modern vehicles. Governments around the world have been implementing stringent safety regulations to reduce the number of road accidents and improve vehicle stability during cornering and challenging driving conditions.

Torque vectoring systems provide enhanced traction, reducing the risk of skidding and ensuring better control of the vehicle, particularly on slippery or uneven roads. According to the World Health Organization (WHO), approximately 1.35 million people die each year due to road accidents, and road traffic injuries are the leading cause of death among young people aged 5 to 29 years. As governments strive to improve road safety, automakers are increasingly integrating torque vectoring systems into their vehicles, contributing to the growth of the global torque vectoring market.

Consumers, especially automotive enthusiasts, seek vehicles that offer thrilling driving experiences, sharp cornering, and precise control. Torque vectoring technology allows automakers to deliver these qualities, enabling vehicles to navigate corners with precision and agility. The performance and handling aspects have become significant factors influencing vehicle purchasing decisions. The respective demand for improved performance has driven automakers to adopt torque vectoring systems, thus propelling the growth of the global torque vectoring market.

High Initial Cost and Limited Awareness and Acceptance

The high initial cost associated with integrating torque vectoring systems into vehicles poses a significant restraint on market growth. While the technology offers improved handling and performance, the added complexity and advanced components contribute to a higher cost of production. This, in turn, translates to increased vehicle prices, deterring potential buyers.

The U.S. Bureau of Labor Statistics shows that the average price of a new light vehicle in U.S. has been steadily increasing over the years. In 2020, the average price reached approximately $40,000, showcasing the financial burden on consumers and the potential reluctance to invest in vehicles equipped with torque vectoring systems.

Despite the advancements in automotive technology, many consumers are still unaware of the benefits of torque vectoring systems. Limited awareness and understanding of how these systems work and their impact on vehicle performance and safety hinder the market's growth. The National Highway Traffic Safety Administration (NHTSA) reported that consumers' knowledge and awareness of advanced driver assistance systems (ADAS), which include torque vectoring, remains limited. A study conducted by the NHTSA revealed that only 37% of respondents were familiar with ADAS technologies. The respective lack of awareness might contribute to the slow adoption of torque vectoring systems.

COVID-19 Impact Analysis

The COVID-19 pandemic has significantly impacted economies and industries worldwide, and the automotive sector has been no exception. Among the various automotive technologies affected, torque vectoring, a crucial system that enhances vehicle stability and performance, has experienced fluctuations in demand and growth patterns. Before the pandemic, the global automotive industry was experiencing steady growth, and the demand for advanced technologies, including torque vectoring, was on the rise. According to government sources, the automotive sector contributed significantly to the global GDP, with sales and production trends showing positive momentum.

Furthermore, supply chain disruptions affected the availability of critical components required for torque vectoring systems. The dependence on international suppliers and the closure of borders in various regions resulted in delays in manufacturing and shipment of components, further hampering the market's growth. As vehicle production and sales were impacted, the demand for advanced automotive technologies, including torque vectoring, also saw a downturn. Automotive manufacturers prioritized cost-cutting measures, postponing investments in research and development projects related to advanced systems.

Segment Analysis

The global torque vectoring market is segmented based on vehicle type, propulsion, clutch actuation, technology and region.

Enhanced Handling and Stability and Improved Traction

Torque vectoring technology has emerged as a revolutionary force in the automotive industry, offering improved handling, stability, and performance. Among the various drivetrain configurations, front-wheel drive (FWD) vehicles have witnessed substantial growth in adopting torque vectoring systems. Torque vectoring is an advanced technology used in vehicles to control the distribution of power to the wheels actively. It optimizes cornering capabilities by varying the torque applied to each wheel, thereby enhancing stability and traction during acceleration and cornering. The respective technology is particularly beneficial in front-wheel drive vehicles, where torque is typically biased towards the front wheels.

In FWD vehicles, torque vectoring minimizes understeer by delivering more power to the outer front wheel during cornering, resulting in improved grip and stability. This ensures that the vehicle maintains its intended path, enhancing overall handling and providing a more engaging driving experience. Front-wheel drive vehicles often suffer from wheel spin, especially during acceleration on slippery surfaces. Torque vectoring technology addresses this issue by distributing power to the wheels with the most traction, mitigating wheel slip and ensuring efficient power delivery to the road.

Geographical Analysis

Rapid Economic Growth and Increasing Urbanization in Asia-Pacific

The automotive industry has undergone remarkable advancements in recent years, with technological innovations transforming the driving experience. Among the various automotive technologies, torque vectoring has emerged as a significant trend that enhances vehicle performance, stability, and handling. Torque vectoring is a dynamic system that controls the distribution of torque between the wheels, resulting in improved traction and maneuverability. In the Asia-Pacific region, this technology has gained substantial momentum, positioning the region as a key player in the global torque vectoring market.

The Asia-Pacific region has been making remarkable strides in the automotive industry, with several countries experiencing rapid economic growth and increasing urbanization. As a result, there has been a surge in demand for high-performance vehicles, driving the adoption of advanced technologies like torque vectoring in the region. Governments across Asia-Pacific have also been actively promoting the use of advanced automotive technologies to enhance road safety and reduce carbon emissions, further fueling the growth of the torque vectoring market. The aforementioned facts acts as major factor boosting the growth of Asia-Pacific.

Competitive Landscape

The major global players in the market include GKN and American Axle, Dana, BorgWarner, Eaton, ZF, JTEKT, Magna, Bosch and Univance.

Why Purchase the Report?
• To visualize the global torque vectoring market segmentation based on vehicle type, propulsion, clutch actuation, technology and region, as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development.
• Excel data sheet with numerous data points of torque vectoring market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping available as excel consisting of key products of all the major players.

The global torque vectoring market report would provide approximately 64tables, 69figures and 192 Pages.

Target Audience 2023
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Vehicle Type
3.2. Snippet by Propulsion
3.3. Snippet by Clutch Actuation
3.4. Snippet by Technology
3.5. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Growing Demand for Electric All-Wheel Drive (eAWD) Systems and Stringent Emission and Fuel Efficiency Regulations
4.1.1.2. Improving Vehicle Safety and Stability and Growing Interest in Autonomous Driving
4.1.1.3. Advancements in Automotive Technology and Increasing Demand for Performance and Handling
4.1.1.4. Increasing Demand for Safety, Stability, Performance and Handling
4.1.2. Restraints
4.1.2.1. Stringent Government Regulations and Technological Limitations
4.1.2.2. High Initial Cost and Limited Awareness and Acceptance
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Vehicle Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Vehicle Type
7.1.2. Market Attractiveness Index, By Vehicle Type
7.2. Passenger Vehicles*
7.2.1. Introduction
7.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
7.3. Commercial Vehicles
8. By Propulsion
8.1. Introduction
8.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Propulsion
8.1.2. Market Attractiveness Index, By Propulsion
8.2. Front wheel drive (FWD)*
8.2.1. Introduction
8.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.3. Rear wheel drive (RWD)
8.4. All wheel drive/Four wheel drive (4WD)
9. By Clutch Actuation
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Clutch Actuation
9.1.2. Market Attractiveness Index, By Clutch Actuation
9.2. Hydraulic*
9.2.1. Introduction
9.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
9.3. Electronic
10. By Technology
10.1. Introduction
10.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
10.1.2. Market Attractiveness Index, By Technology
10.2. Active Torque Vectoring System*
10.2.1. Introduction
10.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.3. Passive Torque Vectoring System
11. By Region
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
11.1.2. Market Attractiveness Index, By Region
11.2. North America
11.2.1. Introduction
11.2.2. Key Region-Specific Dynamics
11.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Vehicle Type
11.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Propulsion
11.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Clutch Actuation
11.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.2.7.1. U.S.
11.2.7.2. Canada
11.2.7.3. Mexico
11.3. Europe
11.3.1. Introduction
11.3.2. Key Region-Specific Dynamics
11.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Vehicle Type
11.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Propulsion
11.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Clutch Actuation
11.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.3.7.1. Germany
11.3.7.2. UK
11.3.7.3. France
11.3.7.4. Italy
11.3.7.5. Russia
11.3.7.6. Rest of Europe
11.4. South America
11.4.1. Introduction
11.4.2. Key Region-Specific Dynamics
11.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Vehicle Type
11.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Propulsion
11.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Clutch Actuation
11.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.4.7.1. Brazil
11.4.7.2. Argentina
11.4.7.3. Rest of South America
11.5. Asia-Pacific
11.5.1. Introduction
11.5.2. Key Region-Specific Dynamics
11.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Vehicle Type
11.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Propulsion
11.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Clutch Actuation
11.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
11.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
11.5.7.1. China
11.5.7.2. India
11.5.7.3. Japan
11.5.7.4. Australia
11.5.7.5. Rest of Asia-Pacific
11.6. Middle East and Africa
11.6.1. Introduction
11.6.2. Key Region-Specific Dynamics
11.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Vehicle Type
11.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Propulsion
11.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Clutch Actuation
11.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By Technology
12. Competitive Landscape
12.1. Competitive Scenario
12.2. Market Positioning/Share Analysis
12.3. Mergers and Acquisitions Analysis
13. Company Profiles
13.1. GKN*
13.1.1. Company Overview
13.1.2. Product Portfolio and Description
13.1.3. Financial Overview
13.1.4. Key Developments
13.2. American Axle
13.3. Dana
13.4. BorgWarner
13.5. Eaton
13.6. ZF
13.7. JTEKT
13.8. Magna
13.9. Bosch
13.10. Univance
LIST NOT EXHAUSTIVE
14. Appendix
14.1. About Us and Services
14.2. Contact Us

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