Middle East & Africa Torque Vectoring Market to 2032
Overview
The Middle East & Africa Torque Vectoring Market is expected to reach a 2,344.00 USD Million by 2032 and is projected to grow at a CAGR of 23.26% from 2025 to 2032.
Revenue, 2024 (USD Million)
704.41
Forecast, 2032 (USD Million)
2,344.00
CAGR, 2024 - 2032
23.26%
Report Coverage
Middle East & Africa
Middle East & Africa Torque Vectoring Market 2018-2032 USD Million
Middle East & Africa Torque Vectoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 704.41 USD Million
- Projected Market Size (2032): 2,344.00 USD Million
- CAGR (2025-2032): 23.26%
Key Findings of Middle East & Africa Torque Vectoring Market
- The Middle East & Africa Torque Vectoring Market was valued at 704.41 USD Million in 2024.
- The Middle East & Africa Torque Vectoring Market is likely to grow at a CAGR of 23.26% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Hardware in Component Segment accounted for the largest share of the market with a revenue of 535.70 USD Million
- The fastest growing segment Electric Vehicle in Propulsion Type Segment grew Fastest with a CAGR of 24.45% during the forecast period from 2024 to 2032.
Middle East & Africa Torque Vectoring Market Scope
Middle East & Africa Torque Vectoring Market Segmentation & Scope
Vehicle Type
- Off Road Vehicle
- Commercial Vehicles
- Commercial Vehicles
- Passenger Cars
- Passenger Cars
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
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)
Middle East & Africa Torque Vectoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 704.41 USD Million |
| Market Value in 2032 | 2,344.00 USD Million |
| CAGR (2025-2032) | 23.26% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type |
Regional Insights:
-
Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 704.41 USD Million in 2024
- Key Country: Saudi Arabia, leading in terms of revenue with value of 217.79 USD Million in 2024.
Segments and Scope
-
Middle East & Africa Torque Vectoring Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Middle East & Africa Torque Vectoring Market to 2032 with a revenue of 449.67 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in Middle East & Africa Torque Vectoring Market to 2032 with a Growth rate of 23.64 % in forecast period 2025-2032.
-
Middle East & Africa Torque Vectoring Market to 2032, By Propulsion Type
- Diesel/Petrol/CNG is the largest segment in Middle East & Africa Torque Vectoring Market to 2032 with a revenue of 521.47 USD Million in the year 2024.
- Electric Vehicle is the Fastest growing segment in Middle East & Africa Torque Vectoring Market to 2032 with a Growth rate of 22.85 % in forecast period 2025-2032.
-
Middle East & Africa Torque Vectoring Market to 2032, By Component
- Hardware is the largest segment in Middle East & Africa Torque Vectoring Market to 2032 with a revenue of 535.70 USD Million in the year 2024.
- Hardware is the Fastest growing segment in Middle East & Africa Torque Vectoring Market to 2032 with a Growth rate of 23.56 % in forecast period 2025-2032.
-
Middle East & Africa Torque Vectoring Market to 2032, By Technology
- Active Torque Vectoring Systems (ATVS) is the largest segment in Middle East & Africa Torque Vectoring Market to 2032 with a revenue of 437.55 USD Million in the year 2024.
- Active Torque Vectoring Systems (ATVS) is the Fastest growing segment in Middle East & Africa Torque Vectoring Market to 2032 with a Growth rate of 23.89 % in forecast period 2025-2032.
-
Middle East & Africa Torque Vectoring Market to 2032, By Clutch Actuation Type
- Electric is the largest segment in Middle East & Africa Torque Vectoring Market to 2032 with a revenue of 434.17 USD Million in the year 2024.
- Electric is the Fastest growing segment in Middle East & Africa Torque Vectoring Market to 2032 with a Growth rate of 23.64 % in forecast period 2025-2032.
-
Middle East & Africa Torque Vectoring Market to 2032, By Driving Wheel Type
- Front-Wheel Drive (FWD) is the largest segment in Middle East & Africa Torque Vectoring Market to 2032 with a revenue of 374.62 USD Million in the year 2024.
- Front-Wheel Drive (FWD) is the Fastest growing segment in Middle East & Africa Torque Vectoring Market to 2032 with a Growth rate of 23.73 % in forecast period 2025-2032.
Middle East & Africa Torque Vectoring Market Company Share Analysis
| Company Name |
|
||
| JTEKT Corporation | |||
| Schaeffler AG | |||
| BorgWarner Inc. | |||
| American Axle & Manufacturing, Inc. | |||
| GKN Automotive Limited | |||
Middle East & Africa Torque Vectoring Market Geographical Sales Distribution, 2018-2032 USD Million
Middle East & Africa Torque Vectoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Middle East & Africa Torque Vectoring Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
Middle East & Africa Torque Vectoring Market was valued at USD 704.41(Revenue in USD Million) in 2021.
Middle East & Africa Torque Vectoring Market is projected to grow at a CAGR of 23.26% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Middle East & Africa Torque Vectoring Market, holding a largest market share of 535.70 USD Million in 2024
Middle East & Africa Torque Vectoring Market Scope
Middle East & Africa Torque Vectoring Market Segmentation & Scope
Vehicle Type
- Off Road Vehicle
- Commercial Vehicles
- Commercial Vehicles
- Passenger Cars
- Passenger Cars
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
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)
Frequently Asked Questions
The Middle East & Africa Torque Vectoring Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
Middle East & Africa Torque Vectoring Market was valued at USD 704.41(Revenue in USD Million) in 2021.
Middle East & Africa Torque Vectoring Market is projected to grow at a CAGR of 23.26% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Torque Vectoring Market for final year is USD 2,344.00 (USD Million).
Middle East & Africa Torque Vectoring Market Company Profiling
Frequently Asked Questions
The Middle East & Africa Torque Vectoring Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
Middle East & Africa Torque Vectoring Market was valued at USD 704.41(Revenue in USD Million) in 2021.
Middle East & Africa Torque Vectoring Market is projected to grow at a CAGR of 23.26% during the forecast period of 2024 to 2032.
The estimated market value of the Middle East & Africa Torque Vectoring Market for final year is USD 2,344.00 (USD Million).
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