Asia-Pacific Torque Vectoring Market to 2032
Overview
The Asia-Pacific Torque Vectoring Market is expected to reach a 8.11 USD Billion by 2032 and is projected to grow at a CAGR of 26.10% from 2025 to 2032.
Revenue, 2024 (USD Billion)
2.15
Forecast, 2032 (USD Billion)
8.11
CAGR, 2024 - 2032
26.10%
Report Coverage
Asia-Pacific
Asia-Pacific Torque Vectoring Market 2018-2032 USD Billion
Asia-Pacific Torque Vectoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 2.15 USD Billion
- Projected Market Size (2032): 8.11 USD Billion
- CAGR (2025-2032): 26.10%
Key Findings of Asia-Pacific Torque Vectoring Market
- The Asia-Pacific Torque Vectoring Market was valued at 2.15 USD Billion in 2024.
- The Asia-Pacific Torque Vectoring Market is likely to grow at a CAGR of 26.10% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Diesel/Petrol/CNG in Propulsion Type Segment accounted for the largest share of the market with a revenue of 1.57 USD Billion
- The fastest growing segment Electric Vehicle in Propulsion Type Segment grew Fastest with a CAGR of 27.50% during the forecast period from 2024 to 2032.
Asia-Pacific Torque Vectoring Market Scope
Asia-Pacific Torque Vectoring Market Segmentation & Scope
Component
- Services
- Hardware
Technology
- Passive Torque Vectoring Systems (PTVS)
- Active Torque Vectoring Systems (ATVS)
Clutch Actuation Type
- Hydraulic
- Electric
Driving Wheel Type
- Rear-Wheel Drive (RWD)
- All-Wheel Drive/Four-Wheel Drive (AWD/4WD)
- Front-Wheel Drive (FWD)
Vehicle Type
- Off Road Vehicle
- Commercial Vehicles
- Commercial Vehicles
- Passenger Cars
- Passenger Cars
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Asia-Pacific Torque Vectoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 2.15 USD Billion |
| Market Value in 2032 | 8.11 USD Billion |
| CAGR (2025-2032) | 26.10% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Component,Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Propulsion Type |
Regional Insights:
-
Leading Market (2024-2032): Asia-Pacific, leading in terms of revenue 2.15 USD Billion in 2024
- Key Country: China, leading in terms of revenue with value of 647.58 USD Million in 2024.
Segments and Scope
-
Asia-Pacific Torque Vectoring Market to 2032, By Component
- Hardware is the largest segment in Asia-Pacific Torque Vectoring Market to 2032 with a revenue of 1.52 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in Asia-Pacific Torque Vectoring Market to 2032 with a Growth rate of 26.59 % in forecast period 2025-2032.
-
Asia-Pacific Torque Vectoring Market to 2032, By Technology
- Active Torque Vectoring Systems (ATVS) is the largest segment in Asia-Pacific Torque Vectoring Market to 2032 with a revenue of 1.26 USD Billion in the year 2024.
- Active Torque Vectoring Systems (ATVS) is the Fastest growing segment in Asia-Pacific Torque Vectoring Market to 2032 with a Growth rate of 26.94 % in forecast period 2025-2032.
-
Asia-Pacific Torque Vectoring Market to 2032, By Clutch Actuation Type
- Electric is the largest segment in Asia-Pacific Torque Vectoring Market to 2032 with a revenue of 1.26 USD Billion in the year 2024.
- Electric is the Fastest growing segment in Asia-Pacific Torque Vectoring Market to 2032 with a Growth rate of 26.77 % in forecast period 2025-2032.
-
Asia-Pacific Torque Vectoring Market to 2032, By Driving Wheel Type
- Front-Wheel Drive (FWD) is the largest segment in Asia-Pacific Torque Vectoring Market to 2032 with a revenue of 1.07 USD Billion in the year 2024.
- Front-Wheel Drive (FWD) is the Fastest growing segment in Asia-Pacific Torque Vectoring Market to 2032 with a Growth rate of 26.90 % in forecast period 2025-2032.
-
Asia-Pacific Torque Vectoring Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Asia-Pacific Torque Vectoring Market to 2032 with a revenue of 1.39 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in Asia-Pacific Torque Vectoring Market to 2032 with a Growth rate of 26.62 % in forecast period 2025-2032.
-
Asia-Pacific Torque Vectoring Market to 2032, By Propulsion Type
- Diesel/Petrol/CNG is the largest segment in Asia-Pacific Torque Vectoring Market to 2032 with a revenue of 1.57 USD Billion in the year 2024.
- Electric Vehicle is the Fastest growing segment in Asia-Pacific Torque Vectoring Market to 2032 with a Growth rate of 25.58 % in forecast period 2025-2032.
Asia-Pacific Torque Vectoring Market Company Share Analysis
| Company Name |
|
||
| JTEKT Corporation | |||
| Schaeffler AG | |||
| BorgWarner Inc. | |||
| American Axle & Manufacturing, Inc. | |||
| GKN Automotive Limited | |||
Asia-Pacific Torque Vectoring Market Geographical Sales Distribution, 2018-2032 USD Billion
Asia-Pacific Torque Vectoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Asia-Pacific Torque Vectoring Market is segmented based on Segmentation Component,Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Propulsion Type.
Asia-Pacific Torque Vectoring Market was valued at USD 2.15(Revenue in USD Billion) in 2021.
Asia-Pacific Torque Vectoring Market is projected to grow at a CAGR of 26.10% during the forecast period of 2024 to 2032.
The Diesel/Petrol/CNG segment is expected to dominate the Asia-Pacific Torque Vectoring Market, holding a largest market share of 1.57 USD Billion in 2024
Asia-Pacific Torque Vectoring Market Scope
Asia-Pacific Torque Vectoring Market Segmentation & Scope
Component
- Services
- Hardware
Technology
- Passive Torque Vectoring Systems (PTVS)
- Active Torque Vectoring Systems (ATVS)
Clutch Actuation Type
- Hydraulic
- Electric
Driving Wheel Type
- Rear-Wheel Drive (RWD)
- All-Wheel Drive/Four-Wheel Drive (AWD/4WD)
- Front-Wheel Drive (FWD)
Vehicle Type
- Off Road Vehicle
- Commercial Vehicles
- Commercial Vehicles
- Passenger Cars
- Passenger Cars
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Frequently Asked Questions
The Asia-Pacific Torque Vectoring Market is segmented based on Segmentation Component,Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Propulsion Type.
Asia-Pacific Torque Vectoring Market was valued at USD 2.15(Revenue in USD Billion) in 2021.
Asia-Pacific Torque Vectoring Market is projected to grow at a CAGR of 26.10% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Torque Vectoring Market for final year is USD 8.11 (USD Billion).
Asia-Pacific Torque Vectoring Market Company Profiling
Frequently Asked Questions
The Asia-Pacific Torque Vectoring Market is segmented based on Segmentation Component,Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Propulsion Type.
Asia-Pacific Torque Vectoring Market was valued at USD 2.15(Revenue in USD Billion) in 2021.
Asia-Pacific Torque Vectoring Market is projected to grow at a CAGR of 26.10% during the forecast period of 2024 to 2032.
The estimated market value of the Asia-Pacific Torque Vectoring Market for final year is USD 8.11 (USD Billion).
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