Torque Vectoring Market: Trends & Forecast with [USD 10.83 Billion] Market Size and [6.74% CAGR] Growth
The global torque vectoring market has experienced significant growth in recent years, driven by technological advancements and increasing demand for high-performance vehicles. Torque vectoring, a technology designed to optimize vehicle dynamics by selectively distributing torque to individual wheels, plays a crucial role in enhancing traction, stability, and overall driving performance. According to the TechSci Research report, the global torque vectoring market stood at USD 10.83 billion in 2022 and is anticipated to grow at a CAGR of 6.74% during the forecast period from 2024 to 2028. Torque Vectoring Market Drivers Increasing Demand for Advanced Driver Assistance Systems (ADAS) The rising consumer preference for vehicles equipped with ADAS and other safety features is a major driver of the torque vectoring market. Torque vectoring systems improve vehicle control during cornering, reducing the risk of skidding and loss of traction. Growth of Vehicle Electrifi...