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Torque vectoring is a technique used in automotive differentials. Torque Vectoring Market is forecast to reach $19.8 billion by 2026, after growing at a CAGR of 18.4% during 2021-2026.
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Torque Vectoring MarketMarket size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2023-2028 Contact: Venkat Reddy sales@industryarc.com (+1) 970-236-3677
DownloadPDF Brochure Torque vectoring is a technique used in automotive differentials. Torque Vectoring Market is forecast to reach $19.8 billion by 2026, after growing at a CAGR of 18.4% during 2021-2026. The torque vectoring market for the automotive sector is mainly driven by increased demand for luxury and performance vehicles including SUVs, crossovers and off-highway vehicles. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure • Key Takeaways • Europe market dominates the Torque Vectoring industry owing to increasing demand from applications such as the automotive and aviation industries. • Increasing demand for battery electric vehicles and the ban on diesel and gasoline vehicles going forward in the European countries will create hurdles for the Torque Vectoring market. • All-wheel drive vectoring segments hold the highest market share due to their extensive use and enhanced usability. • The passenger car segment is expected to grow at a CAGR of 15.42% during the forecast period. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure By Distribution Channel- Segment Analysis All-wheel drive vectoring system segments have the largest market share at 48% in 2019 due to their widespread use and improved functionality. A 4WD (four-wheel drive) system provides extreme traction for all vehicle wheels which eliminates loss of control, particularly on slippery roads. In addition an AWD or all-wheel drive system involves all four wheels in a vehicle and eliminates the need for 4WD to 2wd (Two-wheel drive) mode switching. The All-wheel Drive systems market is expected to grow by a CAGR of 8.8% during 2021-2026 due to its large adoption in sports utility vehicles (SUVs) segment. This is likely to create opportunity for torque vectoring market. Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure • Torque Vectoring Market Industry Outlook • GKN • American Axle • Dana • BorgWarner • Eaton • ZF • JTEKT • Magna • Bosch • Schaeffler Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
DownloadPDF Brochure Torque Vectoring Market - Forecast(2023 - 2028) LearnMoreAbouttheReport @ https://www.industryarc.com/Research/Torque-Vectoring-Market-Research-505713 Contact: (+1)970-236-3677 InquiryBefore Buying Email:sales@industryarc.com
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