Torque Vectoring Market: Top Companies, Industry Size & Share to 2028- TechSci ResearchPosted by Kumar on December 29th, 2023 The TechSci Research report titled “Torque Vectoring Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028” presents an in-depth analysis of the Global Torque Vectoring Market. Valued at USD 10.83 Billion in 2022, the market is projected to grow at a robust Compound Annual Growth Rate (CAGR) of 6.74% from 2024 to 2028. The report outlines the pivotal role played by torque vectoring technology in optimizing vehicle dynamics by selectively distributing torque to individual wheels, thereby enhancing traction, stability, and overall driving performance. Here are the five key benefits derived from the research report:
Browse over market data Figures spread through 180 Pages and an in-depth TOC on " Global Torque Vectoring Market.” - https://www.techsciresearch.com/report/torque-vectoring-market/20383.html
Definition of Torque Vectoring: Torque vectoring refers to a vehicle dynamics technology that selectively distributes torque to individual wheels, optimizing traction, stability, and driving performance, especially during cornering and challenging road conditions. The report encompasses regional insights highlighting the market trends across different regions:
Understanding these regional dynamics is crucial for stakeholders navigating market trends, tailoring product offerings, and addressing unique challenges. It is recommended to consult the latest industry reports for the most up-to-date information in this evolving market landscape. Major companies operating in Global Torque Vectoring Market are:
“The torque vectoring market is poised for sustained growth, driven by a confluence of factors including the global shift toward electric vehicles, advancements in vehicle safety technologies, and the continuous pursuit of enhanced driving experiences. As automotive manufacturers increasingly prioritize innovation and performance, torque vectoring systems are likely to play a pivotal role in shaping the next generation of vehicles, contributing to improved efficiency, safety, and overall driving dynamics. Industry stakeholders should closely monitor these trends, adapt to evolving consumer preferences, and capitalize on opportunities arising from the intersection of automotive electrification and advanced safety features,” said Mr. Karan Chichi, Research Director with TechSci Research, a research-based management consulting firm. “Torque Vectoring Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Propulsion (Front Wheel Drive (FWD), Rear Wheel Drive (RWD), All Wheel Drive/Four Wheel Drive (AWD/4WD)), By Technology (Active Torque Vectoring System (ATVS), Passive Torque Vectoring System (PTVS)), By Vehicle Type (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), By Region, Competition, 2018-2028”, has evaluated the future growth potential of Global Torque Vectoring Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Torque Vectoring Market. Download Free Sample Report - https://www.techsciresearch.com/sample-report.aspx?cid=20383 Recently Published Report – Contact Techsci Research- US - 708 Third Avenue, Manhattan, NY, New York – 10017 Tel: +1-646-360-1656 Germany – S-01, 2.floor, Subbelrather Straße, 15a Cologne, Germany 50823 Tel: +49 221 65058833 Email: sales@techsciresearch.com Like it? Share it!More by this author |