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Torque Vectoring Market

Torque Vectoring Market : Information by Vehicle Type, Propulsion (FWD, RWD), Clutch Actuation Type (Hydraulic, Electronic), EV Type (BEV, HEV), Technology, and Region — Forecast Till 2026

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Market Overview

The global torque vectoring market was valued at USD 7.25 billion in 2018 and is projected to reach a value of USD 38.25 billion by 2026 with a CAGR of 23.11% during the forecast period, 2019–2026.

Torque vectoring technology is employed in automobile differentials. It empowers differentials with the ability to divide the torque to each wheel. The technique of transferring power has become popular in all-wheel-drive vehicles. Certain front-wheel drive vehicles have a simple torque vectoring differential as well.

The statistical data of the top market players of Automotive Torque Vectoring Systems industry can be obtained from the company profile section specified in the report. This section incorporates analysis of top player’s operating in the Automotive Torque Vectoring Systems industry as well as their last five-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue produced.

Market Snapshot

market snapshot
Base Year
: 2017
Study Period
: 2016-2026
: 23.11 %
Fastest Growing Market
: Asia Pacific
Largest Market
: Europe
Market Size
: USD 38.25 billion by 2026
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Segmental Analysis

The global torque vectoring market is segmented by vehicle type, propulsion, clutch actuation type, EV type, and technology. On the basis of vehicle type, the global torque vectoring market is segmented into passenger cars and light commercial vehicles. Light commercial vehicles are expected to hold a significant share in the global torque vectoring market due to the increasing production around the world. According to the Center for Automotive Research, global lightweight vehicle production accounted for 95.3 million units in 2016 and is expected to reach 101.2 million units by 2026.

On the basis of propulsion, the global torque vectoring market is segmented into front-wheel drive, rear-wheel drive and all-wheel drive. On the basis of clutch actuation type, the global torque vectoring market is segmented into hydraulic and electronic. Electronic clutch actuation is witnessing a high rate of adoption due to its better efficiency. It serves the requirements of the mechanical components with more efficiency and durability. Additionally, it helps in enhancing fuel efficiency and fulfills the most stringent emission norms and regulations. 

On the basis of technology, the global torque vectoring market is bifurcated into active and passive. Active torque vectoring control transfers torque from the left wheel to the right wheel and vice versa to provide a sufficient amount of driving torque on the other wheel. It can generate the yaw moment regardless of the engine torque and does not affect driving and braking forces.

Regional Analysis

Geographically, the global torque vectoring market is segmented into North America, Europe, Asia-Pacific, and LAMEA. North America is expected to hold the largest share in the global product market during the forecasted period. The rising preference for sport utility vehicles and pickup trucks, availability of better leasing options, and rising credit availability drive the growth of the torque vectoring market.

Europe is projected to dominate the global product market during the forecasted period. Several developed countries in the region, including Germany, the U.K., France, and Spain significantly contribute to the European automotive industry. OEMs such as BMW AG, Daimler AG, Fiat, Peugeot-Citroen, and Volkswagen Group also contribute to the growth momentum in the region. In light of these factors, Europe is slated to dominate the torque vectoring market during the forecast period.

Asia-Pacific is expected to be the second-fastest-growing region in the global market. According to the International Organization of Motor Vehicle (OICA), Asia-Pacific has the largest number of vehicle manufacturers globally. With an increase in vehicle production, the demand for global torque vectoring is expected to grow at a significant rate.

Torque Vectoring Market Regional Analysis
Regional Growth Insights Download Free Sample

Top Key Players of Torque Vectoring Market

  1. GKN (U.K.)
  2. American Axle (U.S.)
  3. Dana (U.S.)
  4. BorgWarner (U.S.)
  5. Eaton (Ireland)
  6. ZF (Germany)
  7. JTEKT (Japan)
  8. Magna (Canada)
  9. Bosch (Germany)
  10. Univance (Japan)
  11. Schaeffler (Germany)
  12. Timken (U.S.)
  13. Ricardo (U.K)
  14. Oerlikon Graziano (Italy)
  15. Mitsubishi Heavy Industries (Japan)
  16. HALDEX (Sweden)
  17. Continental (Germany)

Report Scope

Report Metric Details
CAGR 23.11%
Forecast Period 2023-2031
Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered
  1. By Vehicle Type
    1. Passenger Cars
    2. Light Commercial Vehicles
  2. By Propulsion
    1. Front-Wheel Drive (FWD)
    2. Rear-Wheel Drive (RWD)
    3. All-Wheel Drive/Four-Wheel Drive (4WD)
  3. By Clutch Actuation Type
    1. Hydraulic
    2. Electronic
  4. By EV Type
    1. BEVs
    2. HEVs
  5. By Technology
    1. Active Torque Vectoring System
    1. Passive Torque Vectoring System
Geographies Covered
  • North America
  • Europe
  • APAC
  • Middle East and Africa

Torque Vectoring Market Segmentation

By Vehicle Type

  • Passenger Cars
  • Light Commercial Vehicles

By Propulsion

  • Front-Wheel Drive (FWD)
  • Rear-Wheel Drive (RWD)
  • All-Wheel Drive/Four-Wheel Drive (4WD)

By Clutch Actuation Type

  • Hydraulic
  • Electronic

By EV Type

  • BEVs
  • HEVs

By Technology

  • Active Torque Vectoring System
  • Passive Torque Vectoring System

Regions Covered

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Argentina
    • Colombia
    • Rest of Latin America
  • MEA
    • Saudi Arabia
    • South Africa
    • UAE
    • Rest of MEA

Frequently Asked Questions (FAQs)

What is the estimated growth rate (CAGR) of the Torque Vectoring Market?
Torque Vectoring Market size will grow at approx. CAGR of 23.11% during the forecast period.
Some of the top prominent players in Torque Vectoring Market are, GKN (U.K.), American Axle (U.S.), Dana (U.S.), BorgWarner (U.S.), Eaton (Ireland), ZF (Germany), JTEKT (Japan), Magna (Canada), Bosch (Germany), Univance (Japan), Schaeffler (Germany), Timken (U.S.), Ricardo (U.K), Oerlikon Graziano (Italy), Mitsubishi Heavy Industries (Japan), HALDEX (Sweden), Continental (Germany), etc.
Europe has been dominating the Torque Vectoring Market, accounting for the largest share of the market.
The region with the most rapid expansion in the Torque Vectoring Market is Asia Pacific.
The global Torque Vectoring Market report is segmented as follows: By Vehicle Type, By Propulsion, By Clutch Actuation Type, By EV Type, By Technology
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