Turkey Torque Vectoring Market to 2032
Overview
The Turkey Torque Vectoring Market is expected to reach a 678.68 USD Million by 2032 and is projected to grow at a CAGR of 24.31% from 2025 to 2032.
Revenue, 2024 (USD Million)
194.48
Forecast, 2032 (USD Million)
678.68
CAGR, 2024 - 2032
24.31%
Report Coverage
Turkey
Turkey Torque Vectoring Market 2018-2032 USD Million
Turkey Torque Vectoring Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 194.48 USD Million
- Projected Market Size (2032): 678.68 USD Million
- CAGR (2025-2032): 24.31%
Key Findings of Turkey Torque Vectoring Market
- The Turkey Torque Vectoring Market was valued at 194.48 USD Million in 2024.
- The Turkey Torque Vectoring Market is likely to grow at a CAGR of 24.31% 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 142.56 USD Million
- The fastest growing segment Electric Vehicle in Propulsion Type Segment grew Fastest with a CAGR of 25.47% during the forecast period from 2024 to 2032.
Turkey Torque Vectoring Market Scope
Turkey Torque Vectoring Market Segmentation & Scope
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
Clutch Actuation Type
- Hydraulic
- Electric
Technology
- Passive Torque Vectoring Systems (PTVS)
- Active Torque Vectoring Systems (ATVS)
Component
- Services
- Hardware
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Turkey Torque Vectoring Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2021 |
| Unit | Revenue in USD Million |
| Market Value in 2024 | 194.48 USD Million |
| Market Value in 2032 | 678.68 USD Million |
| CAGR (2025-2032) | 24.31% |
| Historic Data | 2016-2023 |
| Market Segments Covered | Driving Wheel Type,Vehicle Type,Clutch Actuation Type,Technology,Component,Propulsion Type |
Regional Insights:
-
Leading Market (2024-2032): Turkey, leading in terms of revenue 194.48 USD Million in 2024
- Key Country: Turkey, leading in terms of revenue with value of 194.48 USD Million in 2024.
Segments and Scope
-
Turkey Torque Vectoring Market to 2032, By Driving Wheel Type
- Front-Wheel Drive (FWD) is the largest segment in Turkey Torque Vectoring Market to 2032 with a revenue of 105.27 USD Million in the year 2024.
- Front-Wheel Drive (FWD) is the Fastest growing segment in Turkey Torque Vectoring Market to 2032 with a Growth rate of 24.78 % in forecast period 2025-2032.
-
Turkey Torque Vectoring Market to 2032, By Vehicle Type
- Passenger Cars is the largest segment in Turkey Torque Vectoring Market to 2032 with a revenue of 127.00 USD Million in the year 2024.
- Passenger Cars is the Fastest growing segment in Turkey Torque Vectoring Market to 2032 with a Growth rate of 24.67 % in forecast period 2025-2032.
-
Turkey Torque Vectoring Market to 2032, By Clutch Actuation Type
- Electric is the largest segment in Turkey Torque Vectoring Market to 2032 with a revenue of 118.29 USD Million in the year 2024.
- Electric is the Fastest growing segment in Turkey Torque Vectoring Market to 2032 with a Growth rate of 24.73 % in forecast period 2025-2032.
-
Turkey Torque Vectoring Market to 2032, By Technology
- Active Torque Vectoring Systems (ATVS) is the largest segment in Turkey Torque Vectoring Market to 2032 with a revenue of 120.48 USD Million in the year 2024.
- Active Torque Vectoring Systems (ATVS) is the Fastest growing segment in Turkey Torque Vectoring Market to 2032 with a Growth rate of 25.02 % in forecast period 2025-2032.
-
Turkey Torque Vectoring Market to 2032, By Component
- Hardware is the largest segment in Turkey Torque Vectoring Market to 2032 with a revenue of 142.56 USD Million in the year 2024.
- Hardware is the Fastest growing segment in Turkey Torque Vectoring Market to 2032 with a Growth rate of 24.64 % in forecast period 2025-2032.
-
Turkey Torque Vectoring Market to 2032, By Propulsion Type
- Diesel/Petrol/CNG is the largest segment in Turkey Torque Vectoring Market to 2032 with a revenue of 137.17 USD Million in the year 2024.
- Electric Vehicle is the Fastest growing segment in Turkey Torque Vectoring Market to 2032 with a Growth rate of 23.83 % in forecast period 2025-2032.
Turkey Torque Vectoring Market Company Share Analysis
| Company Name |
|
||
| JTEKT Corporation | |||
| Schaeffler AG | |||
| BorgWarner Inc. | |||
| American Axle & Manufacturing, Inc. | |||
| GKN Automotive Limited | |||
Turkey Torque Vectoring Market Geographical Sales Distribution, 2018-2032 USD Million
Turkey Torque Vectoring Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The Turkey Torque Vectoring Market is segmented based on Segmentation Driving Wheel Type,Vehicle Type,Clutch Actuation Type,Technology,Component,Propulsion Type.
Turkey Torque Vectoring Market was valued at USD 194.48(Revenue in USD Million) in 2021.
Turkey Torque Vectoring Market is projected to grow at a CAGR of 24.31% during the forecast period of 2024 to 2032.
The Hardware segment is expected to dominate the Turkey Torque Vectoring Market, holding a largest market share of 142.56 USD Million in 2024
Turkey Torque Vectoring Market Scope
Turkey Torque Vectoring Market Segmentation & Scope
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
Clutch Actuation Type
- Hydraulic
- Electric
Technology
- Passive Torque Vectoring Systems (PTVS)
- Active Torque Vectoring Systems (ATVS)
Component
- Services
- Hardware
Propulsion Type
- Electric Vehicle
- Diesel/Petrol/CNG
Frequently Asked Questions
The Turkey Torque Vectoring Market is segmented based on Segmentation Driving Wheel Type,Vehicle Type,Clutch Actuation Type,Technology,Component,Propulsion Type.
Turkey Torque Vectoring Market was valued at USD 194.48(Revenue in USD Million) in 2021.
Turkey Torque Vectoring Market is projected to grow at a CAGR of 24.31% during the forecast period of 2024 to 2032.
The estimated market value of the Turkey Torque Vectoring Market for final year is USD 678.68 (USD Million).
Turkey Torque Vectoring Market Company Profiling
Frequently Asked Questions
The Turkey Torque Vectoring Market is segmented based on Segmentation Driving Wheel Type,Vehicle Type,Clutch Actuation Type,Technology,Component,Propulsion Type.
Turkey Torque Vectoring Market was valued at USD 194.48(Revenue in USD Million) in 2021.
Turkey Torque Vectoring Market is projected to grow at a CAGR of 24.31% during the forecast period of 2024 to 2032.
The estimated market value of the Turkey Torque Vectoring Market for final year is USD 678.68 (USD Million).
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