Torque Vectoring Market Size, Share, Growth Analysis, By Component (Hardware, Services), By Technology (Active Torque Vectoring System (ATVS), Passive Torque Vectoring System (PTVS)), By Clutch Actuation (Electric, Hydraulic), By Driving Wheel, By Vehicle Type, By Propulsion, By Region - Industry Forecast 2024-2031.

Global Torque Vectoring Market size was valued at USD 7.8 billion in 2022 and is poised to grow from USD 8.1 billion in 2023 to USD 24.2 billion by 2031, growing at a CAGR of 15.4% during the forecast period (2024-2031). 

Torque vectoring is a cutting-edge technology integrated into vehicles to elevate their handling, stability, and overall performance by adeptly managing the distribution of torque among the wheels.

Its operational mechanism involves selectively adjusting torque allocation to different wheels based on an array of factors such as speed, steering angle, road conditions, and traction. This technology achieves its finesse by strategically applying more torque to specific wheels while reducing torque to others.

By engaging in this precise braking or acceleration of individual wheels, torque vectoring significantly enhances a vehicle's cornering capabilities, mitigates issues like understeer or oversteer, prevents wheel slippage, and bolsters traction and stability, particularly in challenging scenarios like navigating wet or slippery roads, off-road terrains, or executing high-speed maneuvers.

The implementation of torque vectoring encompasses diverse methods, spanning mechanical, hydraulic, electric, or electronic systems, each contributing uniquely to optimize a vehicle's performance and handling dynamics.