Saudi Arabia Torque Vectoring Market to 2032
Overview
The Saudi Arabia Torque Vectoring Market is expected to reach a 809.04 USD Million by 2032 and is projected to grow at a CAGR of 25.73% from 2025 to 2032.
Revenue, 2024 (USD Million)
217.79
Forecast, 2032 (USD Million)
809.04
CAGR, 2024 - 2032
25.73%
Report Coverage
Saudi Arabia
Saudi Arabia Torque Vectoring Market 2018-2032 USD Million
Saudi Arabia Torque Vectoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 217.79 USD Million
- Projected Market Size (2032): 809.04 USD Million
- CAGR (2025-2032): 25.73%
Key Findings of Saudi Arabia Torque Vectoring Market
- The Saudi Arabia Torque Vectoring Market was valued at 217.79 USD Million in 2024.
- The Saudi Arabia Torque Vectoring Market is likely to grow at a CAGR of 25.73% 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 164.10 USD Million
- The fastest growing segment Electric Vehicle in Propulsion Type Segment grew Fastest with a CAGR of 26.90% during the forecast period from 2024 to 2032.
Saudi Arabia Torque Vectoring Market Scope
Saudi Arabia 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)
Saudi Arabia Torque Vectoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 217.79 USD Million |
| Market Value in 2032 | 809.04 USD Million |
| CAGR (2025-2032) | 25.73% |
| 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): Saudi Arabia, leading in terms of revenue 217.79 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
-
Saudi Arabia Torque Vectoring Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Saudi Arabia Torque Vectoring Market to 2032 with a revenue of 137.22 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in Saudi Arabia Torque Vectoring Market to 2032 with a Growth rate of 26.15 % in forecast period 2025-2032.
-
Saudi Arabia Torque Vectoring Market to 2032, By Propulsion Type
- Diesel/Petrol/CNG is the largest segment in Saudi Arabia Torque Vectoring Market to 2032 with a revenue of 159.72 USD Million in the year 2024.
- Electric Vehicle is the Fastest growing segment in Saudi Arabia Torque Vectoring Market to 2032 with a Growth rate of 25.31 % in forecast period 2025-2032.
-
Saudi Arabia Torque Vectoring Market to 2032, By Component
- Hardware is the largest segment in Saudi Arabia Torque Vectoring Market to 2032 with a revenue of 164.10 USD Million in the year 2024.
- Hardware is the Fastest growing segment in Saudi Arabia Torque Vectoring Market to 2032 with a Growth rate of 26.09 % in forecast period 2025-2032.
-
Saudi Arabia Torque Vectoring Market to 2032, By Technology
- Active Torque Vectoring Systems (ATVS) is the largest segment in Saudi Arabia Torque Vectoring Market to 2032 with a revenue of 134.11 USD Million in the year 2024.
- Active Torque Vectoring Systems (ATVS) is the Fastest growing segment in Saudi Arabia Torque Vectoring Market to 2032 with a Growth rate of 26.41 % in forecast period 2025-2032.
-
Saudi Arabia Torque Vectoring Market to 2032, By Clutch Actuation Type
- Electric is the largest segment in Saudi Arabia Torque Vectoring Market to 2032 with a revenue of 133.07 USD Million in the year 2024.
- Electric is the Fastest growing segment in Saudi Arabia Torque Vectoring Market to 2032 with a Growth rate of 26.15 % in forecast period 2025-2032.
-
Saudi Arabia Torque Vectoring Market to 2032, By Driving Wheel Type
- Front-Wheel Drive (FWD) is the largest segment in Saudi Arabia Torque Vectoring Market to 2032 with a revenue of 114.37 USD Million in the year 2024.
- Front-Wheel Drive (FWD) is the Fastest growing segment in Saudi Arabia Torque Vectoring Market to 2032 with a Growth rate of 26.25 % in forecast period 2025-2032.
Saudi Arabia Torque Vectoring Market Company Share Analysis
| Company Name |
|
||
| JTEKT Corporation | |||
| Schaeffler AG | |||
| BorgWarner Inc. | |||
| American Axle & Manufacturing, Inc. | |||
| GKN Automotive Limited | |||
Saudi Arabia Torque Vectoring Market Geographical Sales Distribution, 2018-2032 USD Million
Saudi Arabia Torque Vectoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Saudi Arabia Torque Vectoring Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
Saudi Arabia Torque Vectoring Market was valued at USD 217.79(Revenue in USD Million) in 2021.
Saudi Arabia Torque Vectoring Market is projected to grow at a CAGR of 25.73% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Saudi Arabia Torque Vectoring Market, holding a largest market share of 164.10 USD Million in 2024
Saudi Arabia Torque Vectoring Market Scope
Saudi Arabia 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 Saudi Arabia Torque Vectoring Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
Saudi Arabia Torque Vectoring Market was valued at USD 217.79(Revenue in USD Million) in 2021.
Saudi Arabia Torque Vectoring Market is projected to grow at a CAGR of 25.73% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Torque Vectoring Market for final year is USD 809.04 (USD Million).
Saudi Arabia Torque Vectoring Market Company Profiling
Frequently Asked Questions
The Saudi Arabia Torque Vectoring Market is segmented based on Segmentation Vehicle Type,Propulsion Type,Component,Technology,Clutch Actuation Type,Driving Wheel Type.
Saudi Arabia Torque Vectoring Market was valued at USD 217.79(Revenue in USD Million) in 2021.
Saudi Arabia Torque Vectoring Market is projected to grow at a CAGR of 25.73% during the forecast period of 2024 to 2032.
The estimated market value of the Saudi Arabia Torque Vectoring Market for final year is USD 809.04 (USD Million).
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