Torque Vectoring Market

Torque Vectoring Market Outlook (2023 to 2033)

The valuation of the global torque vectoring market stands at US$ 10.7 billion for 2023 and is forecasted to jump to US$ 43 billion by 2033, expanding at a high-value CAGR of 15% over the forecast period (2023 to 2033).

A torque vectoring system is a critical component of sourcing and utilizing wheel power. The technology increases handling, stability, grip, performance, etc. It allows the driver to transfer or alter the torque of a particular wheel axle. It also controls speed by transferring the weight of the automobile to the desired wheel, allowing for better grip. They are available in a variety of configurations, including front-wheel drive, rear-wheel drive, all-wheel drive, and the system can be customized.

The ATTS unit, in its most basic form, is a very small automatic gearbox connected to the car and it transfers torque to the wheel, which requires the power to optimize traction via a series of clutches.

Brake calipers, which house the brake pads, are one of the essential components of the disc brake system. They are an essential component of an automobile's braking system, pressing the brake pads against the rotors to decrease the spin of the wheels and bring the car to a stop. Cast iron is often used to make automotive brake components.

Brake-based torque vectoring takes advantage of braking and stability control systems to distribute power to individual wheels. Rather than channeling torque through a differential, this method applies the brake to one of the wheels such as the inside wheel for a brief period during a turn.

Report Attributes	Details
Torque Vectoring Market Size (2022)	US$ 9.3 Billion
Estimated Market Value (2023)	US$ 10.7 Billion
Forecasted Market Value (2033)	US$ 43 Billion
Global Market Growth Rate (2023 to 2033)	15% CAGR
Passenger Cars Segment Share (2023)	72%
Europe Market Share (2023)	43%
AWD Segment Growth Rate (2023 to 2033)	9% CAGR
Key Companies Profiled	Continental AG Bosch Ltd JTEKT corporation Eaton Corporation American Axle & Manufacturing, Inc. BorgWarner Ricardo Timken Getrag

What are Key Trends Influencing the Torque Vectoring Market?

“Population Growth and Rapid Urbanization Driving Automotive Sector”

Industrialization and urbanization have had a vital impact on the growth of the automotive sector over the last decade. The expanding worldwide population, as well as the bulk of the population's migration to urban regions in search of better opportunities and living standards, plays an important role in defining the automobile industry.

This increasing use of torque vectoring systems in metropolitan areas increases market growth because all consumers are turning toward modern safety automobiles with advanced torque vectoring systems, which ensure maximum safety and efficiency. As a result of rapid urbanization, population growth, the development of mobility as a service (MaaS) technology, and changes in consumer behavior patterns, major players are being forced to develop vehicles with advanced torque vectoring systems to gain market share, resulting in the growth of the global torque vectoring market across all regions of the globe.

“Intelligent Torque Vectoring for ADAS Vehicles”

Advanced driver-assistance systems (ADAS) are electronic devices that are installed in automobiles to help drivers or self-driving cars. This system analyzes data from sensors such as radars and cameras and takes autonomous action based on the vehicle's surroundings. This system, which is installed in automobiles, allows for the enhancement of driving safety systems by avoiding crashes, using cruise control, anti-locking brakes, lighting automation, pedestrians crash prevention mitigation (PCAM), and many more.

Expansion of the torque vectoring market is closely related to the use of ADAS innovations in the automobile sector. Consumers prefer sophisticated security and safety functions such as self-driving capability. This increases the usage of torque vectoring systems and market growth globally.

What are the Challenges for Manufacturers of Torque Vectoring Systems?

“Torque Vectoring Equipment – An Expensive Affair”

Torque vectoring systems typically involve sophisticated hardware components such as electronic differentials, sensors, and actuators. These components can be expensive to develop, manufacture, and integrate into vehicles. Higher costs may limit the adoption of torque vectoring systems, particularly in lower-priced vehicle segments.

Implementing torque vectoring requires advanced vehicle control systems and software algorithms. Integration and calibration of these systems can be complex, requiring expertise and resources from automotive manufacturers. The complexity of implementation can pose challenges for widespread adoption, especially for smaller automakers or those with limited R&D capabilities.

Torque vectoring systems typically add weight and complexity to a vehicle's drivetrain and suspension systems. This additional weight may negatively impact fuel efficiency and overall vehicle performance. Packaging constraints within the vehicle's chassis can also be a challenge, as torque vectoring systems require additional space for the installation of hardware components.

Country-wise Analysis

What Opportunities Await Torque Vectoring System Manufacturers in the United States?

“Increasing Sales of High-performance Sports Cars and Electric Vehicles Creating Market Opportunities”

Torque vectoring systems are often found in high-performance and sports cars, where precise control over torque distribution is crucial for improved handling and stability. The United States market has a strong affinity for performance vehicles, with a significant consumer base interested in vehicles that offer enhanced driving dynamics. This has created a favorable environment for torque vectoring technology to thrive in the United States market.

Adoption of electric parking brakes is gaining momentum in the United States driven by factors such as government incentives, environmental consciousness, and advancements in battery technology. As EV manufacturers aim to improve the driving experience and range of their vehicles, torque vectoring systems play a vital role in optimizing power delivery and enhancing vehicle dynamics, particularly in all-wheel-drive EVs.

Why is Demand for Torque Vectoring Technology Rising Rapidly in Germany?

“Flourishing Automotive Industry with Strict Safety Regulations”

Germany is renowned for its automotive engineering expertise and many German automakers and suppliers have been at the forefront of developing and implementing torque vectoring technology. German manufacturers have been investing in research and development to enhance vehicle dynamics, improve handling, and optimize power delivery through torque vectoring systems.

The country is a significant exporter of automotive technology, including torque vectoring systems. German automotive manufacturers and suppliers export their vehicles and components worldwide, contributing to the global torque vectoring market. The reputation of German automotive engineering excellence helps promote the adoption of torque vectoring systems internationally.

Germany emphasizes vehicle safety and performance. Regulatory bodies such as the Federal Ministry of Transport and Digital Infrastructure (BMVI) and the Federal Motor Transport Authority (KBA) enforce safety standards and encourage the adoption of advanced driver assistance systems (ADAS). Torque vectoring systems, which can enhance vehicle stability and control, align with these safety objectives and regulations, driving their integration into vehicles in the German market.

Category-wise Insights

Which Wheel-type Accounts for Higher Usage of Torque Vectoring Systems?

“Technological Progress and Proactive Investments on AWD Torque Vectoring Systems”

The all-wheel drive (AWD/4WD) vectoring system accounts for 49% of the market share in 2023 and is expected to grow at a 9% CAGR.

Rapid technological progress in AWD/4WD vehicles is attributed to the segment's rise. Furthermore, large expenditures in the automobile industry by foreign direct investors to upgrade driving experience and other controlling and braking technology to build advanced vehicles are driving the growth of the market.

Key torque vectoring OEMs and other suppliers are proactively investing in the development of these types of cars, which is complementing market growth.

What is Contributing to Higher Adoption of Electronic Clutch Systems?

“Increased Efficiency & Seamless Integration of Electronic Clutches in Vectoring Systems”

Electronic clutch actuation is a key component in torque vectoring systems, enabling precise control over torque distribution between the wheels. Torque vectoring systems use electronic clutches to selectively transfer torque to individual wheels, allowing for enhanced vehicle dynamics, improved traction, and stability in various driving conditions.

Due to their increased efficiency, electronic clutch actuation has a higher adoption rate. The electronic clutch serves the needs of the mechanical components more efficiently and durably. It also helps to improve overall fuel efficiency with great precision and, as a result, complies with numerous severe emission laws, which is a major driving force behind the adoption of such components in vehicles.

Electronic clutch actuation in torque vectoring systems relies on advanced control algorithms and sensor inputs to determine the optimal torque distribution. The control unit processes data from various sensors, including wheel speed sensors, steering angle sensors, yaw rate sensors, and lateral acceleration sensors to make real-time adjustments to the clutch engagement and torque distribution.

These systems need to integrate seamlessly with other vehicle control systems such as stability control, traction control, and ABS (anti-lock braking system). This integration ensures coordinated operation and harmonious functioning of these systems to enhance vehicle stability, safety, and performance.

Competitive Landscape

The global torque vectoring market is competitive and dynamic, characterized by the presence of various automotive manufacturers, suppliers, and technology providers. Many major automotive OEMs are actively incorporating torque vectoring technology into their vehicles to enhance performance and handling. These OEMs often develop their proprietary torque vectoring solutions or collaborate with suppliers to integrate the technology.

Various research institutions and universities worldwide are actively involved in the research and development of torque vectoring technology. Their contributions include conducting studies, developing advanced algorithms, and collaborating with industry partners to advance the state of torque vectoring technology.

• American Axle & Manufacturing, Inc. stated in March 2022 that it has received the General Motors Overdrive Award for sustainability, innovation, connections, total business cost, launch excellence, and safety. This recognition enabled the company to seize opportunities for cooperation or partnerships with other organizations and businesses, thereby increasing the company's brand value in the market.
• Toyota Motor Corp. (Toyota Motor) unveiled the design of two new AWD systems in February 2019, namely dynamic torque vectoring AWD and the 'E-Four 4WD system. The dynamic torque vectoring system employs the world's first ratchet-type dog clutches on the front and rear wheel shafts. This clutch stops the rotation of the drive system, which aids in the transmission of driving force to the rear wheel in 2WD mode.

Key Segments of Torque Vectoring Industry Research

• By Component :

  • Hardware
  • Software

• By Technology :

  • Active Torque Vectoring Systems (ATVS)
  • Passive Torque Vectoring Systems (PTVS)

• By Clutch Actuation Type :

  • Electric
  • Hydraulic

• By Driving Wheel Type :

  • Rear-Wheel Drive (RWD)
  • Front-Wheel Drive (FWD)
  • All-Wheel Drive/Four-Wheel Drive (AWD/4WD)

• By Vehicle Type :

  • Passenger Cars
  • Commercial Vehicles
  • Off-road Vehicles

• By Propulsion Type :

  • Diesel/Petrol/CNG
  • Electric Vehicles

• By Region :

  • North America
  • Latin America
  • Europe
  • Asia Pacific
  • Middle East & Africa