North America Torque Vectoring Market | Outlook, Growth By Top...

North America Torque Vectoring Market | Outlook, Growth By Top Companies, Regions, Types, Applications, Drivers, Trends & Forecast

Postado 2025-04-11 11:05:19

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North America Torque Vectoring Market Size And Forecast by 2031

Despite its promising outlook, the North America Torque Vectoring Market faces several challenges, including regulatory barriers, supply chain disruptions, and competitive pressures. However, the resilience of industry leaders and their focus on innovation and adaptability ensure the market’s sustained growth. By analyzing key growth drivers, opportunities, and future scope, this report serves as a critical resource for understanding the industry’s landscape and planning strategic initiatives.

The North America torque vectoring market size was valued at USD 2.68 billion in 2023, is projected to reach USD 9.99 billion by 2031, with a CAGR of 17.9% during the forecast period 2024 to 2031.

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Which are the top companies operating in the North America Torque Vectoring Market?

The Top 10 Companies in North America Torque Vectoring Market are leaders in their field, known for their strong market presence and innovative solutions. Their success is driven by their ability to adapt to market trends, invest in research and development, and meet customer needs effectively, making them key competitors in the North America Torque Vectoring Market.

**Segments**

- By System Type: Active Torque Vectoring System, Passive Torque Vectoring System
- By Vehicle Type: Passenger Cars, Commercial Vehicles
- By Propulsion Type: Electric Vehicle (EV), Hybrid Electric Vehicle (HEV), Internal Combustion Engine (ICE) Vehicle

In the North America Torque Vectoring market, the segmentation by system type includes active torque vectoring system and passive torque vectoring system. The active torque vectoring system segment is anticipated to witness substantial growth owing to the increasing demand for improved vehicle stability and handling performance. On the other hand, the passive torque vectoring system segment is also expected to grow as automotive manufacturers aim to incorporate cost-effective solutions in vehicles.

Segmentation by vehicle type includes passenger cars and commercial vehicles. The passenger cars segment is likely to dominate the market due to the rising consumer preference for luxury and high-performance vehicles. Moreover, advancements in automotive technology and the increasing emphasis on driver comfort and safety are driving the growth of torque vectoring systems in passenger cars. The commercial vehicles segment is also expected to show significant growth, mainly attributed to the rising adoption of advanced safety features in commercial fleets.

Propulsion type segmentation consists of electric vehicles (EV), hybrid electric vehicles (HEV), and internal combustion engine (ICE) vehicles. The EV segment is expected to witness substantial growth due to the increasing focus on reducing carbon emissions and promoting sustainable transportation solutions. Furthermore, government initiatives and incentives promoting the adoption of electric vehicles are expected to drive the demand for torque vectoring systems in this segment. The HEV segment is also anticipated to grow steadily, driven by the enhanced fuel efficiency and performance offered by hybrid electric vehicles. ICE vehicles, while still dominant, are gradually integrating torque vectoring systems to enhance vehicle dynamics and stability.

**Market Players**

- BorgWarner Inc.
- ZF Friedrichshafen AG
- GKN plc
- Eaton
- Dana Limited
- American Axle & Manufacturing, Inc.
- JTEKTThe North America Torque Vectoring market is highly competitive, with key players such as BorgWarner Inc., ZF Friedrichshafen AG, GKN plc, Eaton, Dana Limited, American Axle & Manufacturing, Inc., and JTEKT dominating the landscape. These industry players are continuously investing in research and development activities to enhance their product offerings and gain a competitive edge in the market. BorgWarner Inc., for instance, is known for its innovative torque vectoring solutions that cater to the evolving needs of the automotive industry.

ZF Friedrichshafen AG is another prominent player in the market known for its advanced driveline and chassis technology. The company's torque vectoring systems are designed to improve vehicle dynamics and performance, catering to the growing demand for high-performance vehicles in the region. GKN plc is also a key player offering a wide range of torque vectoring solutions for both passenger cars and commercial vehicles. The company's focus on technological advancements and strategic partnerships enables it to stay at the forefront of the market.

Eaton is a global leader in power management solutions, including torque vectoring systems for various vehicle types. The company's innovative approach to design and engineering positions it as a preferred supplier among automotive manufacturers. Dana Limited is another significant player in the market with a strong focus on sustainability and technological innovation. The company's torque vectoring solutions aim to enhance vehicle efficiency and performance while reducing environmental impact.

American Axle & Manufacturing, Inc., and JTEKT are also key players in the North America Torque Vectoring market, offering a diverse range of products tailored to meet the specific requirements of different vehicle segments. These companies leverage their extensive industry experience and technical expertise to deliver cutting-edge solutions that address the evolving needs of the automotive market. Overall, the market players in the North America Torque Vectoring segment are poised for growth, driven by technological advancements, changing consumer preferences, and the increasing emphasis on vehicle safety and performance.**Market Players**

- Eaton (U.S.)
- American Axle & Manufacturing, Inc. (U.S.)
- Dana Limited (U.S.)
- JTEKT Corporation (Japan)
- Robert Bosch GmbH (Germany)
- UNIVANCE CORPORATION (Japan)
- Hewland Engineering Ltd (U.K.)
- Continental AG (Germany)
- Modelon, Inc. (Sweden)
- GKN Automotive Limited (U.K.)
- Drako Motors, Inc. (U.S.)
- MITSUBISHI MOTORS CORPORATION (Japan)
- Haldex (Sweden)
- Schaeffler AG (Germany)
- THE TIMKEN COMPANY (U.S.)
- Linamar Corporation (Canada)
- Ricardo (U.K.)
- ZF Friedrichshafen AG (Germany)

The North America Torque Vectoring market is witnessing significant growth driven by various factors such as advancements in automotive technology, increasing consumer demand for high-performance vehicles, and a growing focus on vehicle safety and stability. The segmentation of the market into active and passive torque vectoring systems caters to the diverse needs of automotive manufacturers looking to enhance vehicle dynamics and control. The active torque vectoring system segment is poised for substantial growth as it offers superior vehicle stability and handling performance. On the other hand, the passive torque vectoring system segment is also expected to expand steadily, providing cost-effective solutions to meet market demands.

Explore Further Details about This Research North America Torque Vectoring Market Report https://www.databridgemarketresearch.com/reports/north-america-torque-vectoring-market

Key Insights from the Global North America Torque Vectoring Market :

Comprehensive Market Overview: The North America Torque Vectoring Market is experiencing significant growth, driven by technological advancements and increasing global demand.
Industry Trends and Projections: Trends like automation and sustainability are shaping the market, with projections indicating continued growth over the next few years.
Emerging Opportunities: There are emerging opportunities in green technologies, digital solutions, and under-served regional markets.
Focus on R&D: Companies are investing heavily in R&D to innovate in areas such as AI, IoT, and sustainable product development.
Leading Player Profiles: Key players like Company A and Company B lead the market through their strong product offerings and global presence.
Market Composition: The market is fragmented, with a mix of established players and emerging startups targeting various niches.
Revenue Growth: The North America Torque Vectoring Market is seeing steady revenue growth, fueled by both consumer and commercial demand.
Commercial Opportunities: Key commercial opportunities include expanding into emerging regions, digital transformation, and forming strategic partnerships.