Torque Vectoring Market by Type and Geography - Forecast and Analysis 2021-2025

  • Published: Oct 2021
  • Pages: 120
  • SKU: IRTNTR71243
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The torque vectoring market share should rise by USD 11.39 billion from 2021 to 2025 at a CAGR of 22.72%.

This torque vectoring market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by type (passenger car and light commercial vehicle) and geography (Europe, North America, APAC, South America, and MEA). The torque vectoring market report also offers information on several market vendors, including American Axle & Manufacturing Inc., BorgWarner Inc., Dana Inc., Eaton Corp. Plc, JTEKT Corp., Magna International Inc., Melrose Industries Plc, Robert Bosch GmbH, Schaeffler AG, and ZF Friedrichshafen AG among others.

What will the Torque Vectoring Market Size be in 2021?

To Unlock the Torque Vectoring Market Size for 2021 and Other Important Statistics, Download the Free Report Sample!

Torque Vectoring Market: Key Drivers and Trends

The increasing demand for luxury and high-performance vehicles is notably driving the torque vectoring market growth, although factors such as growing mobility services may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the torque vectoring industry. The holistic analysis of the drivers will help in predicting end goals and refining marketing strategies to gain a competitive edge.

This torque vectoring market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.

Who are the Major Torque Vectoring Market Vendors?

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

 

  • American Axle & Manufacturing Inc.
  • BorgWarner Inc.
  • Dana Inc.
  • Eaton Corp. Plc
  • JTEKT Corp.
  • Magna International Inc.
  • Melrose Industries Plc
  • Robert Bosch GmbH
  • Schaeffler AG
  • ZF Friedrichshafen AG

 

The vendor landscape of the torque vectoring market entails successful business strategies deployed by the vendors. The torque vectoring market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the torque vectoring market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Torque Vectoring Market?

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41% of the market’s growth will originate from Europe during the forecast period. Germany and the UK are the key markets for torque vectoring in Europe. 

The report offers an up-to-date analysis of the geographical composition of the market. Europe has been recording a significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Improved safety and vehicle dynamics will facilitate the torque vectoring market growth in Europe over the forecast period. The report offers an up-to-date analysis of the geographical composition of the market, competitive intelligence, and regional opportunities in store for vendors.

What are the Revenue-generating Type Segments in the Torque Vectoring Market?

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The torque vectoring market share growth by the passenger car segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides an accurate prediction of the contribution of all the segments to the growth of the torque vectoring market size. Furthermore, our analysts have indicated actionable market insights on post COVID-19 impact on each segment, which is crucial to predict change in consumer demand.

Torque Vectoring Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 22.72%

Market growth 2021-2025

$ 11.39 billion

Market structure

Fragmented

YoY growth (%)

18.16

Regional analysis

Europe, North America, APAC, South America, and MEA

Performing market contribution

Europe at 41%

Key consumer countries

Germany, US, UK, China, and Canada

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Companies profiled

American Axle & Manufacturing Inc., BorgWarner Inc., Dana Inc., Eaton Corp. Plc, JTEKT Corp., Magna International Inc., Melrose Industries Plc, Robert Bosch GmbH, Schaeffler AG, and ZF Friedrichshafen AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, Market condition analysis for the forecast period

Customization purview

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What are the Key Factors Covered in this Torque Vectoring Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive torque vectoring market growth during the next five years
  • Precise estimation of the torque vectoring market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the torque vectoring market across Europe, North America, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of torque vectoring market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Type

    • Market segments
    • Comparison by Type
    • Passenger car - Market size and forecast 2020-2025
    • Light commercial vehicle - Market size and forecast 2020-2025
    • Market opportunity by Type

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • Europe - Market size and forecast 2020-2025
      • North America - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • American Axle & Manufacturing Inc.
      • BorgWarner Inc.
      • Dana Inc.
      • Eaton Corp. Plc
      • JTEKT Corp.
      • Magna International Inc.
      • Melrose Industries Plc
      • Robert Bosch GmbH
      • Schaeffler AG
      • ZF Friedrichshafen AG

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
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      The torque vectoring market growth will increase by $11395.23 million during 2020-2025.
      The torque vectoring market is expected to grow at a CAGR of 22.72% during 2020-2025.
      Technavio has segmented the torque vectoring market by type (Passenger car and Light commercial vehicle) and geographic (Europe, North America, APAC, South America, and MEA).
      American Axle & Manufacturing Inc., BorgWarner Inc., Dana Inc., Eaton Corp. Plc, JTEKT Corp., Magna International Inc., Melrose Industries Plc, Robert Bosch GmbH, Schaeffler AG, ZF Friedrichshafen AG are a few of the key vendors in the torque vectoring market.
      Europe will register the highest growth rate of 41.01% among the other regions. Therefore, the torque vectoring market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the torque vectoring market growth are:
      • Increasing demand for luxury and high performance vehicles
      The torque vectoring market vendors should focus on grabbing business opportunities from the passenger car segment as it accounted for the largest market share in the base year.
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