Automotive Torque Vectoring Systems Market
Automotive Torque Vectoring Systems Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Automotive Torque Vectoring Systems Market
Size and Growth
The Automotive Torque Vectoring Systems market research report analyzes current market conditions and trends within the industry. The global market size for Automotive Torque Vectoring Systems is estimated to be valued at $1.5 billion, with a projected growth rate of 12% over the forecast period.
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Companies Covered (Covid 19 Impact Covered)
◍ Borg Warner
◍ JTEKT
◍ GKN
◍ ZF
◍ Rimac
◍ Mitsubishi
◍ Ricardo
◍ The Timken Company
◍ Prodrive
◍ Ford
The competitive landscape of the Automotive Torque Vectoring Systems Market includes companies like Borg Warner, JTEKT, GKN, ZF, Rimac, Mitsubishi, Ricardo, The Timken Company, Prodrive, and Ford. These companies use torque vectoring systems to improve vehicle handling and performance, ultimately driving market growth.
- Borg Warner: $10.21 billion
- GKN: $11.86 billion
- ZF: $39.41 billion
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Market Segmentation
By Application
◍ Commercial Cars
◍ Passenger Cars
By Product
◍ Active Torque Vectoring System (ATVS)
◍ Passive Torque Vectoring System (PTVS)
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$ X Billion USD
Market Growth
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