Romania Torque Vectoring Market to 2032
Overview
The Romania Torque Vectoring Market is expected to reach a 188.39 USD Million by 2032 and is projected to grow at a CAGR of 22.01% from 2025 to 2032.
Revenue, 2024 (USD Million)
59.95
Forecast, 2032 (USD Million)
188.39
CAGR, 2024 - 2032
22.01%
Report Coverage
Romania
Romania Torque Vectoring Market 2018-2032 USD Million
Romania Torque Vectoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 59.95 USD Million
- Projected Market Size (2032): 188.39 USD Million
- CAGR (2025-2032): 22.01%
Key Findings of Romania Torque Vectoring Market
- The Romania Torque Vectoring Market was valued at 59.95 USD Million in 2024.
- The Romania Torque Vectoring Market is likely to grow at a CAGR of 22.01% 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 43.65 USD Million
- The fastest growing segment Electric Vehicle in Propulsion Type Segment grew Fastest with a CAGR of 23.14% during the forecast period from 2024 to 2032.
Romania Torque Vectoring Market Scope
Romania Torque Vectoring Market Segmentation & Scope
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
Component
- Services
- Hardware
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Romania Torque Vectoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 59.95 USD Million |
| Market Value in 2032 | 188.39 USD Million |
| CAGR (2025-2032) | 22.01% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Component,Propulsion Type |
Regional Insights:
-
Leading Market (2024-2032): Romania, leading in terms of revenue 59.95 USD Million in 2024
- Key Country: Romania, leading in terms of revenue with value of 59.95 USD Million in 2024.
Segments and Scope
-
Romania Torque Vectoring Market to 2032, By Technology
- Active Torque Vectoring Systems (ATVS) is the largest segment in Romania Torque Vectoring Market to 2032 with a revenue of 36.80 USD Million in the year 2024.
- Active Torque Vectoring Systems (ATVS) is the Fastest growing segment in Romania Torque Vectoring Market to 2032 with a Growth rate of 22.66 % in forecast period 2025-2032.
-
Romania Torque Vectoring Market to 2032, By Clutch Actuation Type
- Electric is the largest segment in Romania Torque Vectoring Market to 2032 with a revenue of 36.04 USD Million in the year 2024.
- Electric is the Fastest growing segment in Romania Torque Vectoring Market to 2032 with a Growth rate of 22.42 % in forecast period 2025-2032.
-
Romania Torque Vectoring Market to 2032, By Driving Wheel Type
- Front-Wheel Drive (FWD) is the largest segment in Romania Torque Vectoring Market to 2032 with a revenue of 31.85 USD Million in the year 2024.
- Front-Wheel Drive (FWD) is the Fastest growing segment in Romania Torque Vectoring Market to 2032 with a Growth rate of 22.49 % in forecast period 2025-2032.
-
Romania Torque Vectoring Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Romania Torque Vectoring Market to 2032 with a revenue of 38.74 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in Romania Torque Vectoring Market to 2032 with a Growth rate of 22.37 % in forecast period 2025-2032.
-
Romania Torque Vectoring Market to 2032, By Component
- Hardware is the largest segment in Romania Torque Vectoring Market to 2032 with a revenue of 43.65 USD Million in the year 2024.
- Hardware is the Fastest growing segment in Romania Torque Vectoring Market to 2032 with a Growth rate of 22.36 % in forecast period 2025-2032.
-
Romania Torque Vectoring Market to 2032, By Propulsion Type
- Diesel/Petrol/CNG is the largest segment in Romania Torque Vectoring Market to 2032 with a revenue of 42.29 USD Million in the year 2024.
- Electric Vehicle is the Fastest growing segment in Romania Torque Vectoring Market to 2032 with a Growth rate of 21.53 % in forecast period 2025-2032.
Romania Torque Vectoring Market Company Share Analysis
| Company Name |
|
||
| JTEKT Corporation | |||
| Schaeffler AG | |||
| BorgWarner Inc. | |||
| American Axle & Manufacturing, Inc. | |||
| GKN Automotive Limited | |||
Romania Torque Vectoring Market Geographical Sales Distribution, 2018-2032 USD Million
Romania Torque Vectoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Romania Torque Vectoring Market is segmented based on Segmentation Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Component,Propulsion Type.
Romania Torque Vectoring Market was valued at USD 59.95(Revenue in USD Million) in 2021.
Romania Torque Vectoring Market is projected to grow at a CAGR of 22.01% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Romania Torque Vectoring Market, holding a largest market share of 43.65 USD Million in 2024
Romania Torque Vectoring Market Scope
Romania Torque Vectoring Market Segmentation & Scope
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
Component
- Services
- Hardware
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Frequently Asked Questions
The Romania Torque Vectoring Market is segmented based on Segmentation Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Component,Propulsion Type.
Romania Torque Vectoring Market was valued at USD 59.95(Revenue in USD Million) in 2021.
Romania Torque Vectoring Market is projected to grow at a CAGR of 22.01% during the forecast period of 2024 to 2032.
The estimated market value of the Romania Torque Vectoring Market for final year is USD 188.39 (USD Million).
Romania Torque Vectoring Market Company Profiling
Frequently Asked Questions
The Romania Torque Vectoring Market is segmented based on Segmentation Technology,Clutch Actuation Type,Driving Wheel Type,Vehicle Type,Component,Propulsion Type.
Romania Torque Vectoring Market was valued at USD 59.95(Revenue in USD Million) in 2021.
Romania Torque Vectoring Market is projected to grow at a CAGR of 22.01% during the forecast period of 2024 to 2032.
The estimated market value of the Romania Torque Vectoring Market for final year is USD 188.39 (USD Million).
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