North America Torque Vectoring Market to 2032
Overview
The North America Torque Vectoring Market is expected to reach a 11.08 USD Billion by 2032 and is projected to grow at a CAGR of 25.37% from 2025 to 2032.
Revenue, 2024 (USD Billion)
3.03
Forecast, 2032 (USD Billion)
11.08
CAGR, 2024 - 2032
25.37%
Report Coverage
North America
North America Torque Vectoring Market 2018-2032 USD Billion
North America Torque Vectoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 3.03 USD Billion
- Projected Market Size (2032): 11.08 USD Billion
- CAGR (2025-2032): 25.37%
Key Findings of North America Torque Vectoring Market
- The North America Torque Vectoring Market was valued at 3.03 USD Billion in 2024.
- The North America Torque Vectoring Market is likely to grow at a CAGR of 25.37% 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 2.26 USD Billion
- The fastest growing segment Electric Vehicle in Propulsion Type Segment grew Fastest with a CAGR of 26.53% during the forecast period from 2024 to 2032.
North America Torque Vectoring Market Scope
North America Torque Vectoring Market Segmentation & Scope
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Vehicle Type
- Off Road Vehicle
- Commercial Vehicles
- Commercial Vehicles
- Passenger Cars
- Passenger Cars
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)
North America Torque Vectoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 3.03 USD Billion |
| Market Value in 2032 | 11.08 USD Billion |
| CAGR (2025-2032) | 25.37% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Propulsion Type,Vehicle Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 3.03 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 1,715.89 USD Million in 2024.
Segments and Scope
-
North America Torque Vectoring Market to 2032, By Propulsion Type
- Diesel/Petrol/CNG is the largest segment in North America Torque Vectoring Market to 2032 with a revenue of 2.18 USD Billion in the year 2024.
- Electric Vehicle is the Fastest growing segment in North America Torque Vectoring Market to 2032 with a Growth rate of 24.91 % in forecast period 2025-2032.
-
North America Torque Vectoring Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in North America Torque Vectoring Market to 2032 with a revenue of 1.89 USD Billion in the year 2024.
- Passenger Cars is the Fastest growing segment in North America Torque Vectoring Market to 2032 with a Growth rate of 25.80 % in forecast period 2025-2032.
-
North America Torque Vectoring Market to 2032, By Component
- Hardware is the largest segment in North America Torque Vectoring Market to 2032 with a revenue of 2.26 USD Billion in the year 2024.
- Hardware is the Fastest growing segment in North America Torque Vectoring Market to 2032 with a Growth rate of 25.64 % in forecast period 2025-2032.
-
North America Torque Vectoring Market to 2032, By Technology
- Active Torque Vectoring Systems (ATVS) is the largest segment in North America Torque Vectoring Market to 2032 with a revenue of 1.84 USD Billion in the year 2024.
- Active Torque Vectoring Systems (ATVS) is the Fastest growing segment in North America Torque Vectoring Market to 2032 with a Growth rate of 26.05 % in forecast period 2025-2032.
-
North America Torque Vectoring Market to 2032, By Clutch Actuation Type
- Electric is the largest segment in North America Torque Vectoring Market to 2032 with a revenue of 1.85 USD Billion in the year 2024.
- Electric is the Fastest growing segment in North America Torque Vectoring Market to 2032 with a Growth rate of 25.78 % in forecast period 2025-2032.
-
North America Torque Vectoring Market to 2032, By Driving Wheel Type
- Front-Wheel Drive (FWD) is the largest segment in North America Torque Vectoring Market to 2032 with a revenue of 1.57 USD Billion in the year 2024.
- Front-Wheel Drive (FWD) is the Fastest growing segment in North America Torque Vectoring Market to 2032 with a Growth rate of 25.89 % in forecast period 2025-2032.
North America Torque Vectoring Market Company Share Analysis
| Company Name |
|
||
| JTEKT Corporation | |||
| Schaeffler AG | |||
| BorgWarner Inc. | |||
| American Axle & Manufacturing, Inc. | |||
| GKN Automotive Limited | |||
North America Torque Vectoring Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Torque Vectoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Torque Vectoring Market is segmented based on Segmentation Propulsion Type,Vehicle Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
North America Torque Vectoring Market was valued at USD 3.03(Revenue in USD Billion) in 2021.
North America Torque Vectoring Market is projected to grow at a CAGR of 25.37% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the North America Torque Vectoring Market, holding a largest market share of 2.26 USD Billion in 2024
North America Torque Vectoring Market Scope
North America Torque Vectoring Market Segmentation & Scope
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Vehicle Type
- Off Road Vehicle
- Commercial Vehicles
- Commercial Vehicles
- Passenger Cars
- Passenger Cars
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 North America Torque Vectoring Market is segmented based on Segmentation Propulsion Type,Vehicle Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
North America Torque Vectoring Market was valued at USD 3.03(Revenue in USD Billion) in 2021.
North America Torque Vectoring Market is projected to grow at a CAGR of 25.37% during the forecast period of 2024 to 2032.
The estimated market value of the North America Torque Vectoring Market for final year is USD 11.08 (USD Billion).
North America Torque Vectoring Market Company Profiling
Frequently Asked Questions
The North America Torque Vectoring Market is segmented based on Segmentation Propulsion Type,Vehicle Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
North America Torque Vectoring Market was valued at USD 3.03(Revenue in USD Billion) in 2021.
North America Torque Vectoring Market is projected to grow at a CAGR of 25.37% during the forecast period of 2024 to 2032.
The estimated market value of the North America Torque Vectoring Market for final year is USD 11.08 (USD Billion).
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