Torque Vectoring Differential Market, Global Outlook and Forecast 2024-2031

Torque vectoring in automobiles is a technology that allows the differential to distribute and manage engine torque to wheels or axles independently. It improves the grip, control, and performance of a vehicle. It's usually seen in 4WD and AWD vehicles that are involved in performing off-road activities and need more traction on diverse terrain. It's also found in sports and premium cars with all-wheel drive for improved grip and performance, as well as a smoother launch.
This report contains market size and forecasts of Torque Vectoring Differential in global, including the following market information:
Global Torque Vectoring Differential Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Torque Vectoring Differential Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Torque Vectoring Differential companies in 2021 (%)
The global Torque Vectoring Differential market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Active Torque Vectoring Differential Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Torque Vectoring Differential include GKN Automotive Limited, Eaton, American Axle & Manufacturing, Dana Limited, BorgWarner, Linamar Corporation, Schaeffler AG, ZF Friedrichshafen AG and JTEKT Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Torque Vectoring Differential manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Torque Vectoring Differential Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Vectoring Differential Market Segment Percentages, by Type, 2021 (%)
Active Torque Vectoring Differential
Passive Torque Vectoring Differential
Global Torque Vectoring Differential Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Vectoring Differential Market Segment Percentages, by Application, 2021 (%)
Passenger Car
Commercial Vehicle
Global Torque Vectoring Differential Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Vectoring Differential Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Torque Vectoring Differential revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Torque Vectoring Differential revenues share in global market, 2021 (%)
Key companies Torque Vectoring Differential sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Torque Vectoring Differential sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GKN Automotive Limited
Eaton
American Axle & Manufacturing
Dana Limited
BorgWarner
Linamar Corporation
Schaeffler AG
ZF Friedrichshafen AG
JTEKT Corporation
Continental AG
Auburn Gear
Neapco Holdings
Magna International
Drexler Automotive GmbH
RT Quaife Engineering
Xtrac
NSK
Bharat Gears
CUSCO Japan