Product Code: ETC8835593 | Publication Date: Sep 2024 | Updated Date: Jun 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
Torque vectoring systems are becoming increasingly important in the high-performance and premium vehicle segments in the Philippines. These systems enhance vehicle stability and handling by distributing torque variably to the wheels, particularly during cornering or slippery road conditions. As consumers show a growing preference for SUVs and sports utility vehicles, automakers are incorporating torque vectoring technologies to boost driving dynamics and vehicle safety, contributing to market growth.
Torque vectoring is gaining attention in the premium vehicle segment in the Philippines. While still a niche market, its role in enhancing vehicle stability, cornering control, and all-wheel-drive dynamics is being recognized. The gradual shift toward performance vehicles and increased consumer awareness of safety features are expected to support its growth.
The torque vectoring market in the Philippines is still emerging, and high development costs and complex integration requirements pose significant barriers. There is a lack of widespread understanding and awareness among consumers and manufacturers about the benefits of torque vectoring systems. Additionally, limited local expertise in advanced vehicle dynamics and control systems slows down innovation and adoption.
Torque vectoring technology, which enhances vehicle handling and stability, is gaining traction in premium and performance vehicle segments in the Philippines. Investment opportunities exist in developing localized solutions for torque vectoring that cater to both passenger cars and commercial vehicles, improving driving safety on diverse road conditions common in the country. Collaborations with OEMs (original equipment manufacturers) and tech firms for integration into new vehicle models can accelerate market penetration.
To enhance vehicle handling and stability, the government promotes the adoption of advanced electronic control systems such as torque vectoring. Safety regulations are evolving to include requirements for electronic stability control systems, which indirectly support the torque vectoring market. The Department of Trade and Industry (DTI) actively supports innovation in automotive safety technologies through research grants and investment incentives, encouraging manufacturers to integrate these advanced systems into locally assembled vehicles.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Automotive Torque Vectoring Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Torque Vectoring Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Torque Vectoring Market - Industry Life Cycle |
3.4 Philippines Automotive Torque Vectoring Market - Porter's Five Forces |
3.5 Philippines Automotive Torque Vectoring Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Philippines Automotive Torque Vectoring Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Philippines Automotive Torque Vectoring Market Revenues & Volume Share, By Clutch Actuation Type, 2021 & 2031F |
3.8 Philippines Automotive Torque Vectoring Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
3.9 Philippines Automotive Torque Vectoring Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Philippines Automotive Torque Vectoring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Automotive Torque Vectoring Market Trends |
6 Philippines Automotive Torque Vectoring Market, By Types |
6.1 Philippines Automotive Torque Vectoring Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Passenger Car, 2021- 2031F |
6.1.4 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Light Commercial Vehicle, 2021- 2031F |
6.2 Philippines Automotive Torque Vectoring Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Front Wheel Drive, 2021- 2031F |
6.2.3 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Rear Wheel Drive, 2021- 2031F |
6.2.4 Philippines Automotive Torque Vectoring Market Revenues & Volume, By All-Wheel Drive/Four Wheel Drive, 2021- 2031F |
6.3 Philippines Automotive Torque Vectoring Market, By Clutch Actuation Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Hydraulic, 2021- 2031F |
6.3.3 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Electronic, 2021- 2031F |
6.4 Philippines Automotive Torque Vectoring Market, By EV Type |
6.4.1 Overview and Analysis |
6.4.2 Philippines Automotive Torque Vectoring Market Revenues & Volume, By BEV (Battery Electric Vehicle), 2021- 2031F |
6.4.3 Philippines Automotive Torque Vectoring Market Revenues & Volume, By HEV (Hybrid electric Vehicle), 2021- 2031F |
6.5 Philippines Automotive Torque Vectoring Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Active Torque Vectoring System, 2021- 2031F |
6.5.3 Philippines Automotive Torque Vectoring Market Revenues & Volume, By Passive Torque Vectoring System, 2021- 2031F |
7 Philippines Automotive Torque Vectoring Market Import-Export Trade Statistics |
7.1 Philippines Automotive Torque Vectoring Market Export to Major Countries |
7.2 Philippines Automotive Torque Vectoring Market Imports from Major Countries |
8 Philippines Automotive Torque Vectoring Market Key Performance Indicators |
9 Philippines Automotive Torque Vectoring Market - Opportunity Assessment |
9.1 Philippines Automotive Torque Vectoring Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Philippines Automotive Torque Vectoring Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Philippines Automotive Torque Vectoring Market Opportunity Assessment, By Clutch Actuation Type, 2021 & 2031F |
9.4 Philippines Automotive Torque Vectoring Market Opportunity Assessment, By EV Type, 2021 & 2031F |
9.5 Philippines Automotive Torque Vectoring Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Philippines Automotive Torque Vectoring Market - Competitive Landscape |
10.1 Philippines Automotive Torque Vectoring Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Torque Vectoring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |