Torque Vectoring Market Can Reach a Valuation of USD 31,474.0 million by 2032: MRFR

Market Research Future (MRFR) has published on the “Global Torque Vectoring Market”.

The global torque vectoring market is consistently growing due to the Increase in demand for premium vehicles and rising demand for off-road vehicle driving market growth across globe. Furthermore, increasing sales of electric vehicles is likely to drive the market throughout the forecast year. Torque vectoring is a technology used in differential to transfer torque to the wheel on-demand. This technology provides the ability to the vehicle to widely vary the torque to each wheel. Recently, the latest technique of torque distribution is very popular in all-wheel drive (AWD) vehicles. As technology is in the phase of development, it is expected to increase the technological presence in vehicles in the near future. This technology is primarily used to grip the road for better handling and launch of vehicles. The basic application of torque vectoring differential was found in racing in the initial development phase of technology.

The Torque Vectoring market is estimated to register a CAGR of 13.3% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Torque Vectoring market - Robert Bosch GmbH, Continental AG, Magna International Inc., Mitsubishi Motors Corporation, Schaeffler AG , BorgWarner Inc, GKN PLC, ZF Friedrichshafen AG, American Axle & Manufacturing, Inc, Dana Limited, and JTEKT Corporation.

Market Highlights

The global Torque Vectoring market is accounted for to register a CAGR of 13.3% during the forecast period and is estimated to reach USD 31,474.0 million by 2032.

Road traffic accidents are among the leading reason of death by injury and the tenth leading cause of death worldwide. According to WHO death of 1.3 million people happens each year due to road traffic crashes. More than 50% of all-road traffic deaths include vulnerable road users: cyclists, pedestrians, and motorcyclists. At the same time, 93% of fatalities worldwide occur in low- and middle-income countries with around 60% of the world's vehicles. Road traffic accident rates are highest in the African region as well as lowest in the European region. In the US, around 60% of road crash fatalities occur due to drivers, whereas driver death is less than 10% because of road traffic in the least motorized countries. In developing countries, where most injuries occur in urban areas, passenger, cyclist, and pedestrian combined account for approximately 90% of deaths because of road traffic injuries. Whereas metropolitan pedestrian accounts for 55-70% of deaths. Socioeconomic factors, majorly income, influence the selection of mode of transport in developing economies. The number of 4-wheeler motor vehicles in India is estimated to rise to 267 million. Thus, the rising number of road accidents led to the vehicle having efficient torque vectoring for improving handling, stability, grip, and performance, boosting the torque vectoring market.

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Segment Analysis

The global Torque Vectoring market has been segmented based on Wheel Drive, Technology , Propulsion , Vehicle Type , and Application.

Based on wheel drive, the global torque vectoring Market has been segmented into Front Wheel Drive (FWD), Rear Wheel Drive (RWD), and All-Wheel Drive (AWD). The All-Wheel Drive (AWD) segment held the majority share in 2022, contributing around ~ 44.2% to the market revenue. All-wheel drive cars are where torque vectoring differentials are most common. In a simple torque vectoring differential, the front and back wheels torque are altered. This means that the front wheels often only receive a certain amount of the engine torque, while the rear wheels receive the remainder. To enhance vehicle performance, the differential has the ability to distribute additional torque between the front and back wheels as needed.

Depending on the technology, the market has been segmented into Active Torque Vectoring System and Passive Torque Vectoring System. The Passive Torque Vectoring System segment held the majority share in 2022 contributing around ~ 57.6% to the market revenue. Vehicle yaw is produced by passive torque vectoring systems using individual brake torque distribution.

Depending on the Propulsion, the market has been segmented into Battery Electric Vehicle, Hybrid Electric Vehicle, and Plug-in Hybrid Electric Vehicles. The Battery Electric Vehicle (BEV) segment held the majority share in 2022 contributing around ~ 55.6% to the market revenue. One advantage of having several physical phenomena portrayed in a single simulation model is that early in the design cycle, subsystem targets can be translated from overall vehicle performance criteria.

Depending on the vehicle type, the market has been segmented into Passenger Car and Commercial Vehicles. The Passenger Car segment held the majority share in 2022 contributing around ~ 65.3% to the market revenue. In order to improve the driver's comfort and safety, torque vectoring is being used in passenger automobiles more and more.

Based on application, the torque vectoring market has segmented into On-road and Off-road. The On-road segment held the majority share in 2022 contributing around ~ 74.5% to the market revenue. The distinction between brake-based and mechanical torque vectoring on a racetrack. The brake-based system won't just be less reliable and constant; they also have a propensity to overheat after vigorous use, which increases the wear on the brakes.

Regional Analysis

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and Rest of the World. In terms of revenue, Asia-Pacific held the largest share of 42.7% in the Torque Vectoring market in 2022 and is expected to maintain its dominance during the forecast period. With growing demand for electric automobiles in Asia-Pacific, the automotive sector has experienced tremendous growth. Battery electric cars, often known as all-electric vehicles or E.V.s, use batteries to store the electrical energy that powers them. Automotive industries exist in nations like Germany, the UK, France, and Spain, which together make up a sizeable portion of the European automotive market. The market is dominated by OEMs from countries like Germany (BMW AG), Germany (Daimler AG), Italy (Fiat), and France (PSA/Peugeot-Citroen). Germany is predicted to rule Europe due to the market's need for torque vectoring and the country's significant manufacturers and strong demands.

The Middle East and African markets for torque vectoring are dominated by Saudi Arabia. The expanding infrastructure, commerce, and demand for luxury automobiles in emerging countries such as Saudi Arabia and the United Arab Emirates are credited with the market's supremacy. Due to the enormous demand, Saudi Arabia dominates the Middle East and Africa. In South America, electronic technologies called advanced driver assistance systems (ADAS) are installed in cars to help drivers or self-driving cars. By preventing crashes through the use of cruise control, anti-lock brakes, automated lighting, pedestrian crash avoidance mitigation (PCAM), and many other driving safety features, this system installed in cars makes it possible to improve safety systems. This aids South America's expansion.

Key Findings of the Study

• The global Torque Vectoring market is expected to reach USD 31,474.0 million by 2032, at a CAGR of 13.3% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market, imperative factors, such as the significant number of investments in Asia-Pacific, making it the primary contributor to the market share.


• Based on Wheel Drive, the All-Wheel Drive (AWD) segment was attributed to holding the largest market in 2022, with an approximate market share of 44.2%.


• Robert Bosch GmbH, Continental AG, Magna International Inc., Mitsubishi Motors Corporation, Schaeffler AG, BorgWarner Inc, GKN PLC, ZF Friedrichshafen AG, American Axle & Manufacturing, Inc, Dana Limited, JTEKT Corporation, and Others are the key market players.