Torque Vectoring Market Size, Share & Trends Analysis Report By Propulsion (Front Wheel Drive), By EV Type (BEV, HEV), By Vehicle Type (Passenger Car), By Clutch Actuation Type, By Technology, By Region, And Segment Forecasts, 2024 - 2030
Torque Vectoring Market Size, Share & Trends Analysis Report By Propulsion (Front Wheel Drive), By EV Type (BEV, HEV), By Vehicle Type (Passenger Car), By Clutch Actuation Type, By Technology, By Region, And Segment Forecasts, 2024 - 2030
Torque Vectoring Market Size & Trends
The global torque vectoring market size was estimated at USD 10.89 billion in 2023 and is projected to grow at a CAGR of 10.0% from 2024 to 2030. The market is experiencing significant growth due to the increasing emphasis on vehicle performance, safety, and handling. As consumers seek more dynamic and engaging driving experiences, torque vectoring technology has emerged as a critical component. For instance, high-performance sports cars and luxury vehicles are increasingly incorporating torque vectoring systems to enhance cornering abilities and improve traction control.
Beyond the performance-oriented segment, the demand for torque vectoring is expanding across various vehicle segments. Electric vehicles (EVs) are particularly well-suited for torque vectoring, as electric motors can independently control torque distribution to each wheel. This enables precise handling and stability, especially in challenging road conditions. Additionally, the growing focus on vehicle safety has driven the adoption of torque vectoring systems, as they can help prevent accidents by optimizing traction and stability.
Global Torque Vectoring Market Report Segmentation
This report forecasts revenue growth at global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented the global torque vectoring market report based on vehicle type, propulsion, EV type, clutch actuation type, technology, and region:
Vehicle Type Outlook (Revenue, USD Billion, 2018 - 2030)
Passenger Car
Light Commercial Vehicle
Propulsion Outlook (Revenue, USD Billion, 2018 - 2030)
Front wheel drive (FWD)
Rear wheel drive (RWD)
All wheel drive/Four-wheel drive (4WD)
EV Type Outlook (Revenue, USD Billion, 2018 - 2030)
BEV
HEV
Clutch Actuation Type Outlook (Revenue, USD Billion, 2018 - 2030)
Hydraulic
Electronic
Technology Outlook (Revenue, USD Billion, 2018 - 2030)
Active Torque Vectoring System
Passive Torque Vectoring System
Regional Outlook (Revenue, USD Billion, 2018 - 2030)
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Spain
Asia Pacific
Japan
China
India
Australia
South Korea
Latin America
Brazil
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
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