Torque Vectoring Market Insights 2020: Business Opportunity

1. Torque Vectoring Market Insights 2020: Business Opportunity, Future Scope & Rising Demand by Top Vendors-GKN, BorgWarner, American Axle, Dana, JTEKT, etc. Market Research Future (MRFR), highlights that the “Global Torque Vectoring Market 2020” is expected to grow exponentially, securing a significant market valuation and a dynamic CAGR of 12% over the evaluation period 2018–2023. Market Research Future (MRFR) predicted in the report that Torque Vectoring Market would cross USD 9.20 Billion at a CAGR of 12% by 2023. The global market was valued at USD 4.59 Billion in 2017, according to the report. The global torque vectoring market is showing huge growth potential as the automotive sector is getting remarkable traction from several countries. The industry is expected to grow notably in the Asia Pacific region, where developing countries are investing more to bring in foreign companies and boost their own economies. Rising demand for luxury vehicles and high-performance cars are expected to ensure growth for the torque vectoring market. The torque vectoring market size would also benefit from the inclusion of better technologies and investment in research facilities. Segmentation: By vehicle type, the study of the torque vectoring market gets segmented into passenger cars and light commercial vehicles. The passenger car segment has the maximum market share, whereas the light commercial vehicle is outpacing the former in terms of growth. By propulsion, the analysis of the torque vectoring market includes segments like rear- wheel drive, front-wheel drive, and all/four-wheel drive. The front-wheel-drive segment has the upper-hand in the market. However, the rear-wheel-drive has the potential to register the fastest CAGR during the forecast period.  

2. By clutch actuation type, the review of the torque vectoring market includes discussion on hydraulic and electronic. The hydraulic segment dominates the market at present, whereas the electronic segment is proceeding ahead with substantial speed. By EV, the global report on the torque vectoring market comprises hybrid electric vehicles (HEV)and battery electric vehicles (BEV). The BEV segment is the leading one but the HEV segment is showing a better growth rate. By technology, the global understanding of the torque vectoring market reveals an active torque vector system and passive torque vector system. The passive torque vector system segment would dominate the market, but the active torque vector system would surpass the other in terms of CAGR.    Get Free Sample Report @https://www.marketresearchfuture.com/sample_request/6654 Competitive Landscape: GKN (UK), BorgWarner (US), American Axle (US), Dana (US), JTEKT (Japan), Getrag (Canada), Eaton (Ireland), ZF (Germany), Schaeffler (Germany), Timken (US), Univance (Germany), Bosch (Germany), Oerlikon Graziano (Italy), Continental AG (Germany), Ricardo (UK), and others are known names playing crucial roles in impacting the global torque vectoring market size. These companies are deploying strategic mechanisms like a merger, acquisition, innovation, better funding for research, branding, collaboration, and others to make sure their market stand remains strong and the market as a whole, profits. MRFR analysts traced changes made in the market in recent years to get an understanding of the market proceedings. Regional Analysis: Technological support, superior infrastructure, the influx of investment, and other favorable conditions are expected to put North America ahead of many other regions. The Americas leads the market, due to the region’s established infrastructure, and the presence of an unparalleled technological expertise. The importance of torque vectoring’s role in the region’s automotive industry continues to surge every year, driven by the increasing production of automotive. Europe is recording the fastest growth as prominent car makers are generating huge demand for the product. Industry News: The global market of torque vectoring has got affected by the COVID-19 pandemic, like many other industries. The primary reason is the plummet in the automotive sector due to lockdowns and disruptions in resource chains. In fact, this may continue in the near future as people would try to secure their financial conditions first. As an associated industry, the torque vectoring

3. market had to deal with blows. However, with government initiatives and private interests, the market is showing chances of recovering. If you have any requirements, let know and we will customize the report according to your need. Get More Information: https://www.marketresearchfuture.com/reports/torque-vectoring- market-6654 Major Highlights of TOC Covers: 1. Executive Summary 2. Key Business Trends 3. Regional Trends and Growth 4. Product Trends 5. End-use Trends 6. Definition and Forecast Parameters 7. Torque Vectoring Market Segmentation 8. Torque Vectoring Market Landscape 9. Vendor Matrix 10. Company Profiles 11. Business Overview 12. Financial Data More… About Us: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. Contact Us Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com Market Research Future, Torque Vectoring, Torque Vectoring Market, Torque Vectoring Market Growth, Torque Vectoring Market Share, Torque Vectoring Market Size, Torque

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