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  • Torque Vectoring Market to grow at a CAGR of 8.23 percent during the forecast period

    (Transportation-News.com, May 26, 2023 ) The Torque Vectoring Market was valued USD 8.65 Bn in 2022 and is expected to grow at a CAGR of 16.88 percent over the forecast period to reach USD 30.12 Bn by 2029.



    Torque Vectoring Market Scope and Research Methodology



    The main objective is to provide the Torque Vectoring Market definition, trends, and issues in the market. The bottom-up approach was used to estimate the Torque Vectoring market size. The primary research method was used to validate the findings from the secondary research method in the Torque Vectoring market.



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    Torque Vectoring Market Dynamics



    Increasing demand for torque vectoring technologies and systems in the automotive industry is increasing steadily, which is expected to boost the market growth. Growing popularity of electric vehicles and advanced driving assistance systems is contributing for the growth of market. Complexity of the system and challenges in integration with existing vehicle systems is expected to restrain the market growth.



    Torque Vectoring Market Regional Insight



    North America region is expected to dominate the market over the forecast period. Increasing demand for high-performance and luxury vehicles, with safety and efficiency is expected to boost the market growth.



    Get a Sample Copy of the Report: https://www.maximizemarketresearch.com/request-sample/185108



    Torque Vectoring Market Segmentation



    By Vehicle Type:

    Passenger Car

    Light Commercial Vehicle



    By Propulsion:

    Front wheel drive (FWD)

    Rear wheel drive (RWD)

    All wheel drive/Four wheel drive (4WD)



    By Clutch Actuation Type:

    Hydraulic

    Electronic



    By EV Type:

    BEV

    HEV



    Torque Vectoring Market Key Players Include



    JTEKT Corporation

    Continental AG

    GKN plc

    BorgWarner Inc.

    Schaeffler AG

    ZF Friedrichshafen AG

    Eaton Corporation

    Magna International Inc.

    Mitsubishi Electric Corporation

    Dana Incorporated

    American Axle & Manufacturing Holdings, Inc.

    Robert Bosch GmbH

    AVL List GmbH

    Ricardo plc

    Oerlikon Graziano

    Infineon Technologies AG

    Timken



    Get the Sample PDF of Report: https://www.maximizemarketresearch.com/request-sample/185108



    Maximize Market Research is leading Automotive and Transportation research firm, has also published the following reports:



    Automotive Steering Torque Sensor Market : The market size is expected to reach USD 6.98 Bn by 2029 at a CAGR of 8.21 percent during the forecast period.



    Torque Sensor Market : The total market size is expected to reach USD 10.28 Bn by 2029 at a CAGR of 5.5 percent over the forecast period.



    About Maximize Market Research:



    Maximize Market Research provides B2B and B2C research on 6,500 high-growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

    MAXIMIZE MARKET RESEARCH PVT. LTD.

    Dnyaneshwari Yevale

    +91 9607365656

    dy@maximizemarketresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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