Short Description
Asia-Pacific Torque Vectoring Market, By Component (Hardware, Services), Technology (Active Torque Vectoring System (ATVS), Passive Torque Vectoring System (PTVS)), Clutch Actuation Type (Electric, Hydraulic), Driving Wheel Type (Rear-Wheel Drive (RWD), Front-Wheel Drive (FWD)), Vehicle Type (Passenger Cars, Commercial Vehicles, Off Road Vehicle), Propulsion Type (Diesel/Petrol/CNG, Electric Vehicle), By Country (China, South Korea, Japan, India, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines and Rest of Asia-Pacific), Market Trends and Forecast to 2029.
Market Definition
Torque vectoring solutions are most important and crucial systems which ensure the safety and help in improving the cars performance. These systems basically provide or distribute torque between the wheels which allow the vehicles to effectively turn over a bend or curve. Torque vectoring is a holistic, predictive approach to vehicle dynamics using a combination of hardware and electronic systems. It provides the most suitable distribution of torque to a wheel at any point based on the drivers intentions and the driving conditions. There are basically two types of torque vectoring techniques which are prominently used, one is brake-based torque vectoring and the other one is electric-based torque vectoring.
Market Segmentation
The torque vectoring market is segmented on the basis of component, technology, clutch actuation type, driving wheel type, vehicle type and propulsion type. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
On the basis of component, Asia-Pacific torque vectoring market has been segmented into hardware, services
On the basis of technology, Asia-Pacific torque vectoring market has been segmented into active torque vectoring system (ATVS), passive torque vectoring system (PTVS)
On the basis of clutch actuation type, Asia-Pacific torque vectoring market has been segmented into electric, hydraulic
On the basis of driving wheel type, Asia-Pacific torque vectoring market has been segmented into rear-wheel drive (RWD), front-wheel drive (FWD), all-wheel drive/four-wheel drive (AWD/4WD)
On the basis of vehicle type, Asia-Pacific torque vectoring market has been segmented into passenger cars, commercial vehicles, off road vehicle
On the basis of propulsion type, Asia-Pacific torque vectoring market has been segmented into diesel/petrol/CNG and electric vehicle
Market Players
Some of the major players operating in the Asia-Pacific torque vectoring market are:
BorgWarner Inc.
Eaton
American Axle & Manufacturing, Inc.
Dana Limited
JTEKT Corporation
Magna International Inc.
Robert Bosch GmbH
UNIVANCE CORPORATION
Protean
Continental AG
Modelon
GKN Automotive Limited
MITSUBISHI MOTORS CORPORATION
Haldex
Schaeffler AG
THE TIMKEN COMPANY
Linamar Corporation
Ricardo
ZF Friedrichshafen AG
TABLE OF CONTENTS
1 INTRODUCTION 48
1.1 OBJECTIVES OF THE STUDY 48
1.2 MARKET DEFINITION 48
1.3 OVERVIEW OF ASIA PACIFIC TORQUE VECTORING MARKET 48
1.4 CURRENCY AND PRICING 50
1.5 LIMITATIONS 50
1.6 MARKETS COVERED 50
2 MARKET SEGMENTATION 55
2.1 MARKETS COVERED 55
2.2 GEOGRAPHICAL SCOPE 56
2.3 YEARS CONSIDERED FOR THE STUDY 57
2.4 DBMR TRIPOD DATA VALIDATION MODEL 58
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 61
2.6 DBMRMARKET POSITION GRID 62
2.7 VENDOR SHARE ANALYSIS 63
2.8 MULTIVARIATE MODELING 64
2.9 COMPONENT TIMELINE CURVE 64
2.10 SECONDARY SOURCES 65
2.11 ASSUMPTIONS 65
3 EXECUTIVE SUMMARY 66
4 PREMIUM INSIGHTS 69
4.1 PORTER FIVE FORCES ANALYSIS 71
4.2 REGULATORY FRAMEWORK 72
5 MARKET OVERVIEW 73
5.1 DRIVERS 75
5.1.1 INCREASE IN POPULATION & RAPID URBANIZATION 75
5.1.2 EMERGENCE OF EVS & AND ITS TORQUE VECTORING SYSTEM 76
5.1.3 INTELLIGENT TORQUE VECTORING APPROACH FOR ADAS VEHICLES 77
5.1.4 UPSURGE IN DEMAND FOR LUXURY AND PERFORMANCE VEHICLES 78
5.2 RESTRAINTS 79
5.2.1 HIGH COST ASSOCIATED WITH IMPLEMENTING TORQUE VECTORING/AWD/4WD SYSTEMS 79
5.2.2 HIGH CARBON FOOTPRINT OF THE AUTOMOTIVE SECTOR 80
5.3 OPPORTUNITIES 81
5.3.1 HEAVING ADOPTION OF TORQUE VECTORING SYSTEM IN OFF-ROAD VEHICLES 81
5.3.2 GROWING AWARENESS ABOUT ENHANCED SAFETY AND VEHICLE DYNAMICS 82
5.4 CHALLENGES 82
5.4.1 HAMPERED SUPPLY OF SEMICONDUCTOR EQUIPMENT LIMITS TORQUE VECTORING SYSTEM 82
5.4.2 CHANGING AUTOMOTIVE PRODUCT LIFE CYCLE AND LONG PRODUCTION CYCLE OF AUTOMOTIVE VEHICLES 83
6 ASIA PACIFIC TORQUE VECTORING MARKET, BY COMPONENT 84
6.1 OVERVIEW 85
6.2 HARDWARE 86
6.2.1 DRIVE CONTROL UNIT (DCU) 87
6.2.2 MOTOR CONTROLLERS 87
6.2.3 SENSORS 87
6.2.4 MOTOR 87
6.2.5 CAN BUS 87
6.2.6 OTHERS 87
6.3 SERVICES 87
7 ASIA PACIFIC TORQUE VECTORING MARKET, BY TECHNOLOGY 88
7.1 OVERVIEW 89
7.2 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 90
7.3 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 90
8 ASIA PACIFIC TORQUE VECTORING MARKET, BY CLUTCH ACTUATION TYPE 92
8.1 OVERVIEW 93
8.2 ELECTRIC 94
8.3 HYDRAULIC 94
9 ASIA PACIFIC TORQUE VECTORING MARKET, BY DRIVING WHEEL TYPE 95
9.1 OVERVIEW 96
9.2 FRONT-WHEEL DRIVE (FWD) 97
9.3 ALL-WHEEL DRIVE/FOUR-WHEEL DRIVE (AWD/4WD) 97
9.4 REAR-WHEEL DRIVE (RWD) 98
10 ASIA PACIFIC TORQUE VECTORING MARKET, BY VEHICLE TYPE 99
10.1 OVERVIEW 100
10.2 PASSENGER CARS 101
10.2.1 BY TYPE 102
10.2.1.1 SEDAN 102
10.2.1.2 HATCHBACK 102
10.2.1.3 CROSSOVERS 102
10.2.1.4 SUV 102
10.2.1.5 OTHERS 102
10.2.2 BY TECHNOLOGY 103
10.2.2.1 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 103
10.2.2.2 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 103
10.3 COMMERCIAL VEHICLES 103
10.3.1 BY TYPE 104
10.3.1.1 LIGHT COMMERCIAL VEHICLE 104
10.3.1.2 HEAVY COMMERCIAL VEHICLE 104
10.3.1.2.1 BUS 104
10.3.1.2.2 TRUCKS 104
10.3.2 BY TECHNOLOGY 105
10.3.2.1 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 105
10.3.2.2 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 105
10.4 OFF ROAD VEHICLE 105
10.4.1 BY TECHNOLOGY 105
10.4.1.1 ACTIVE TORQUE VECTORING SYSTEMS (ATVS) 106
10.4.1.2 PASSIVE TORQUE VECTORING SYSTEMS (PTVS) 106
11 ASIA PACIFIC TORQUE VECTORING MARKET, BY PROPULSION TYPE 107
11.1 OVERVIEW 108
11.2 DIESEL/PETROL/CNG 109
11.3 ELECTRIC VEHICLE 109
11.3.1 BATTERY ELECTRIC VEHICLE (BEV) 110
11.3.2 HYBRID ELECTRIC VEHICLE (HEV) 110
12 ASIA PACIFIC TORQUE VECTORING MARKET, BY REGION 111
12.1 ASIA-PACIFIC 112
12.1.1 CHINA (LEFT HAND DRIVE) 121
12.1.2 JAPAN (RIGHT HAND DRIVE) 125
12.1.3 SOUTH KOREA (LEFT HAND DRIVE) 129
12.1.4 AUSTRALIA AND NEW ZEALAND (RIGHT HAND DRIVE) 133
12.1.5 INDIA (RIGHT HAND DRIVE) 137
12.1.6 SINGAPORE (RIGHT HAND DRIVE) 141
12.1.7 MALAYSIA (RIGHT HAND DRIVE) 145
12.1.8 THAILAND (RIGHT HAND DRIVE) 149
12.1.9 INDONESIA (RIGHT HAND DRIVE) 153
12.1.10 TAIWAN (LEFT HAND DRIVE) 157
12.1.11 VIETNAM (LEFT HAND DRIVE) 161
12.1.12 PHILIPPINES (LEFT HAND DRIVE) 165
12.1.13 REST OF ASIA-PACIFIC 169
13 ASIA PACIFIC TORQUE VECTORING MARKET, COMPANY LANDSCAPE 170
13.1 COMPANY SHARE ANALYSIS: ASIA PACIFIC 170
14 SWOT ANALYSIS 171
15 COMPANY PROFILE 172
15.1 AMERICAN AXLE & MANUFACTURING, INC. 172
15.1.1 COMPANY SNAPSHOT 172
15.1.2 REVENUE ANALYSIS 172
15.1.3 COMPANY PROFILE 173
15.1.4 PRODUCT PORTFOLIO 173
15.1.5 RECENT DEVELOPMENTS 174
15.2 CONTINENTAL AG 175
15.2.1 COMPANY SNAPSHOT 175
15.2.2 REVENUE ANALYSIS 175
15.2.3 COMPANY SHARE ANALYSIS 176
15.2.4 PRODUCT PORTFOLIO 176
15.2.5 RECENT DEVELOPMENT 176
15.3 EATON 177
15.3.1 COMPANY SNAPSHOT 177
15.3.2 REVENUE ANALYSIS 177
15.3.3 COMPANY SHARE ANALYSIS 178
15.3.4 PRODUCT PORTFOLIO 178
15.3.5 RECENT DEVELOPMENTS 178
15.4 SCHAEFFLER AG 180
15.4.1 COMPANY SNAPSHOT 180
15.4.2 REVENUE ANALYSIS 180
15.4.3 COMPANY SHARE ANALYSIS 181
15.4.4 PRODUCT PORTFOLIO 181
15.4.5 RECENT DEVELOPMENTS 181
15.5 JTEKT CORPORATION 183
15.5.1 COMPANY SNAPSHOT 183
15.5.2 REVENUE ANALYSIS 183
15.5.3 COMPANY SHARE ANALYSIS 184
15.5.4 PRODUCT PORTFOLIO 184
15.5.5 RECENT DEVELOPMENTS 185
15.6 BORGWARNER INC. 186
15.6.1 COMPANY SNAPSHOT 186
15.6.2 REVENUE ANALYSIS 187
15.6.3 PRODUCT PORTFOLIO 187
15.6.4 RECENT DEVELOPMENTS 188
15.7 DANA LIMITED 190
15.7.1 COMPANY SNAPSHOT 190
15.7.2 REVENUE ANALYSIS 190
15.7.3 PRODUCT PORTFOLIO 191
15.7.4 RECENT DEVELOPMENTS 191
15.8 DRAKO MOTORS, INC. 192
15.8.1 COMPANY SNAPSHOT 192
15.8.2 PRODUCTS PORTFOLIO 192
15.8.3 RECENT DEVELOPMENT 192
15.9 GKN AUTOMOTIVE LIMITED 193
15.9.1 COMPANY SNAPSHOT 193
15.9.2 REVENUE ANALYSIS 193
15.9.3 PRODUCTS PORTFOLIO 194
15.9.4 RECENT DEVELOPMENTS 194
15.10 HALDEX 195
15.10.1 COMPANY SNPASHOT 195
15.10.2 REVENUE ANALYSIS 195
15.10.3 PRODUCT PORTFOLIO 196
15.10.4 RECENT DEVELOPMENT 196
15.11 HEWLAND ENGINEERING LTD 197
15.11.1 COMPANY SNAPSHOT 197
15.11.2 PRODUCT PORTFOLIO 197
15.11.3 RECENT DEVELOPMENTS 197
15.12 LINAMAR CORPORATION 199
15.12.1 COMPANY SNAPSHOT 199
15.12.2 REVENUE ANALYSIS 199
15.12.3 PRODUCT PORTFOLIO 200
15.12.4 RECENT DEVELOPMENTS 200
15.13 MAGNA INTERNATIONAL INC. 201
15.13.1 COMPANY SNAPSHOT 201
15.13.2 REVENUE ANALYSIS 201
15.13.3 PRODUCT PORTFOLIO 202
15.13.4 RECENT DEVELOPMENTS 203
15.14 MITSUBISHI MOTORS CORPORATION 205
15.14.1 COMPANY SNAPSHOT 205
15.14.2 REVENUE ANALYSIS 205
15.14.3 PRODUCTS PORTFOLIO 206
15.14.4 RECENT DEVELOPMENT 206
15.15 MODELON 207
15.15.1 COMPANY SNAPSHOT 207
15.15.2 REVENUE ANALYSIS 207
15.15.3 PRODUCT PORTFOLIO 208
15.15.4 RECENT DEVELOPMENT 208
15.16 PRODRIVE HOLDINGS LIMITED 209
15.16.1 COMPANY SNAPSHOT 209
15.16.2 PRODUCTS PORTFOLIO 209
15.16.3 RECENT DEVELOPMENT 209
15.17 PROTEAN 210
15.17.1 COMPANY SNAPSHOT 210
15.17.2 PRODUCT PORTFOLIO 210
15.17.3 RECENT DEVELOPMENTS 210
15.18 RICARDO 212
15.18.1 COMPANY SNAPSHOT 212
15.18.2 REVENUE ANALYSIS 212
15.18.3 PRODUCT PORTFOLIO 213
15.18.4 RECENT DEVELOPMENTS 213
15.19 ROBERT BOSCH GMBH 214
15.19.1 COMPANY SNAPSHOT 214
15.19.2 REVENUE ANALYSIS 214
15.19.3 PRODUCT PORTFOLIO 215
15.19.4 RECENT DEVELOPMENT 215
15.20 THE TIMKEN COMPANY 216
15.20.1 COMPANY SNAPSHOT 216
15.20.2 PRODUCT PORTFOLIO 216
15.20.3 RECENT DEVELOPMENT 217
15.21 UNIVANCE CORPORATION 218
15.21.1 COMPANY SNAPSHOT 218
15.21.2 PRODUCT PORTFOLIO 218
15.21.3 RECENT DEVELOPMENT 218
15.22 ZF FRIEDRICHSHAFEN AG 219
15.22.1 COMPANY SNAPSHOT 219
15.22.2 SOLUTION PORTFOLIO 219
15.22.3 RECENT DEVELOPMENTS 219
16 QUESTIONNAIRE 221
17 RELATED REPORTS 224