New Report: Automotive Torque Vectoring System Market 2021 Size, Growth Analysis Report, Forecast to 2027
The Automotive Torque Vectoring System Market is expected to witness market growth at a rate of 11% in the forecast period of 2021 to 2027.
Torque vectoring is a technique primarily used in differentials in automobiles. The differential helps transmit engine torque to the wheels. Torque vectoring gives the differential the ability to vary the torque of each wheel. This power transmission technology has been widely used mainly in four-wheel-drive vehicles. Certain new all-wheel-drive vehicles also have rudimentary torque-vectoring differentials. As technology advances in the automotive industry, other vehicles are also equipped with torque vectoring differentials, allowing the wheels to hold the road and allow for better handling and firing.
Market Segments
On the basis of product
- Active Torque Vectoring System (ATVS)
- Passive Torque Vectoring System (PTVS)
On the basis of the end users/applications
- Commercial Cars
- Passenger Cars
Key Players
Key players operating in the automotive torque vectoring system market include JTEKT Corporation, Borg Warner Inc., Ricardo Plc., ZF Friedrichshafen, Mitsubishi Motors Corporation, Prodrive, and The Timken Company.
Scope of the Report
The research study analyzes the global Automotive Torque Vectoring System industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Torque Vectoring System Market Report
1. What was the Automotive Torque Vectoring System Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automotive Torque Vectoring System Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Torque Vectoring System Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Automotive Torque Vectoring System market.
- The market share of the global Automotive Torque Vectoring System market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Automotive Torque Vectoring System market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Automotive Torque Vectoring System market.
The report will be delivered within 48-72 hours after payment confirmation