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Global Automotive Torque Vectoring System Market 2017-2021

Global Automotive Torque Vectoring System Market 2017-2021

About Automotive Torque Vectoring System

Torque vectoring as a technology is developed as an addition to the basic or standard differential. Hence, this technology performs the basic tasks of a usual differential, as well as transmitting torque independently to the driving wheels. This ability to transfer independent torque generally results in the improvement of vehicular handling and traction. Torque vectoring differentials was originally evolved for racing, especially rally racing purposes. Some of the earliest cars to come with this technology belonged to Mitsubishi Motors. This technology has been implemented in production vehicles following a significant development lead time.

Technavio’s analysts forecast the global automotive torque vectoring system market to grow at a CAGR of 31.27% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of global automotive torque vectoring system market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report Global Automotive Torque Vectoring System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BorgWarner
  • JTEKT
  • Magna Powertrain, International
  • Oerlikon Graziano
  • Univance
  • ZF
Other prominent vendors
  • THE TIMKEN COMPANY
  • Prodrive
Market driver
  • Increase in requirement of safety for all vehicles.
  • For a full, detailed list, view our report
Market challenge
  • High cost associated with active/dynamic torque vectoring systems.
  • For a full, detailed list, view our report
Market trend
  • Use of MR fluids by Ricardo in torque vectoring systems.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Torque Vectoring System Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive torque vectoring system market: BorgWarner, JTEKT, Magna Powertrain, International, Oerlikon Graziano, Univance and ZF.

Other Prominent Vendors in the market are: THE TIMKEN COMPANY and Prodrive.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of MR fluids by Ricardo in torque vectoring systems. Ricardo has advocated the use of the unique properties of magnetorheological (MR) fluid inside hydraulic pumps. This eliminates the need for electro-mechanical valves and other small moving parts. An MR is a type of oil that is composed of minute magnetic particles that react to magnetic fields. When electricity is passed through the hydraulic pump, these magnetic particles increase the viscosity of the fluid to create a magnetic field and align themselves perpendicular to the magnetic flux in the form of fibrous structures.”

According to the report, one driver in the market is increase in requirement of safety for all vehicles. The quest for automobile safety is one of the key drivers for the development of advanced automobile safety systems. Advanced safety and security features are no longer restricted to premium vehicles. Consumers are more aware about safety systems and technologies and are taking an interest in improving the safety systems of their vehicles. Electronic equipment, such as cameras and sensors, are being installed, even in entry-level vehicles. This has increased the demand for in-vehicle electronic devices to examine situations and prevent accidents. Driver assistance and safety systems applications include blind spot detection, forward collision warning (FCW), surround-view systems, lane departure warning systems (LDWS), and night vision systems (NVS). These safety systems examine road conditions and raise alerts on potential accidents.

Further, the report states that one challenge in market is high cost associated with active/dynamic torque vectoring systems. The growing preference for SUVs and crossovers fuels the market growth for torque vectoring systems. However, considering the fuel economy of SUVs and their price differentials, the sales of compact SUVs and crossovers are increasing significantly. OEMs are unwilling to install torque vectoring systems in compact SUVs as the price of the system does not justify the operational costs involved in procuring and installing a torque vectoring system. A typical torque vectoring system costs an average of $4,100, with the pricier variants moving around the $10,000 levels, depending on the car it is designed for. OEMs are currently introducing torque vectoring systems only for the top variants of SUVs. The premium prices of the vehicles would sufficiently cover the cost of procuring and installing a torque vectoring system.

Companies Mentioned

BorgWarner, JTEKT, Magna Powertrain, International, Oerlikon Graziano, Univance ZF, THE TIMKEN COMPANY and Prodrive.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Differentials and torque vectoring
    • Torque vectoring: A detailed treatise
      • Table Dynamics of a clutch pack in the torque vectoring differential mechanism
      • Table Torque vectoring differential for straight line driving
      • Table Torque vectoring differential in a cornering scenario
      • Table Sample differential positioning in an AWD vehicle
      • Table Cornering in an RWD vehicle
      • Table Cornering in an FWD vehicle
    • Improper (passive) torque vectoring: The truth about BorgWarner
  • Market landscape
    • Market overview
      • Table Segmentation criteria for the global torque vectoring system market
    • Torque vectoring: Product life cycle and evolution
      • Table Product life cycle for different differential systems
    • Market size and forecast
      • Table Global automotive torque vectoring system market 2016-2021 (millions of units)
    • Five forces analysis for the torque vectoring system market
      • Table Five forces analysis
  • Market segmentation by technology
    • Market overview
    • Market size and forecast
      • Table Global automotive torque vectoring system market: Technological classification 2016-2021 (%)
      • Table Global automotive ATVS market 2016-2021 (millions of units)
      • Table Global automotive PTVS market 2016-2021 (millions of units)
  • Market segmentation by geography
    • Market overview
      • Table Global automotive torque vectoring system market by geography (% share)
    • Market size and forecast
      • Table Global automotive torque vectoring system market by geography 2016-2021 (millions of units)
      • Table Automotive torque vectoring system market in APAC 2016-2021 (millions of units)
      • Table Torque vectoring OEM-supplier matrix for Japan
      • Table Legend of OEMs
      • Table Torque vectoring OEM-supplier matrix for China
      • Table Legend of OEMs
      • Table Torque vectoring OEM-supplier matrix for India
      • Table Vehicles with torque vectoring/intelligent AWD technologies in APAC
      • Table SUV market in APAC 2016-2021 (millions of units)
      • Table Global automotive torque vectoring system market in the Americas 2016-2021 (millions of units)
      • Table Torque vectoring OEM-supplier matrix for the Americas
      • Table Legend of OEMs
      • Table Vehicles having torque vectoring/intelligent AWD technologies in the Americas
      • Table SUV market in the Americas 2016-2021 (millions of units)\
      • Table Automotive torque vectoring system market in EMEA 2016-2021 (millions of units)
      • Table Torque vectoring OEM-supplier matrix for EMEA
      • Table Legend of OEMs
      • Table European vehicles having torque vectoring/intelligent AWD technologies
      • Table SUV market in EMEA 2016-2021 (millions in units)
      • Table Leading SUVs in European automotive market 2015
      • Table Percentage growth in SUV sales in Europe 2014-2015
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Automobiles market shares in Europe 2015
      • Table SUV and crossover vehicle market in China 2015-2020 (millions of units)
      • Table Top SUVs in China 2015
    • Market challenges
      • Table Revenue share of global automotive market 2016 and 2025 (%)
  • Market trends
    • Use of MR fluids by Ricardo in torque vectoring systems
    • Development of electric torque vectoring systems for EV all-terrain vehicles and AWDs
    • Emergence of lighter, compact, and highly flexible torque vectoring systems
    • Modular torque vectoring: The way forward
  • Vendor landscape
    • Value chain analysis of torque vectoring offerings
      • Table Vendors in the torque vectoring system market
      • Table Legend of OEMs
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • BorgWarner
    • JTEKT
    • Mitsubishi
    • Ricardo
    • ZF
  • Appendix
    • List of abbreviations
  • Explore Technavio

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