Product Code: ETC4575091 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The Vietnam Torque Vectoring market is witnessing growing interest as automakers explore technologies to enhance vehicle dynamics and handling. Torque vectoring systems optimize power distribution between individual wheels, improving traction and stability during cornering. As consumers seek high-performance driving experiences, the market for torque vectoring systems is expanding. Automotive manufacturers are incorporating these systems in both conventional and electric vehicles, contributing to the overall evolution of the automotive landscape in Vietnam.
The Vietnam Torque Vectoring market is experiencing growth due to the demand for enhanced vehicle performance and handling. Torque vectoring systems improve a vehicle`s agility and stability by managing power distribution to individual wheels. As consumer preferences evolve towards sportier driving experiences, automakers are integrating torque vectoring technologies into their vehicles. Additionally, the push for electric and hybrid powertrains in Vietnam further boosts the adoption of torque vectoring systems to maximize traction and handling in these advanced drivetrains.
The Vietnam Torque Vectoring Market encounters challenges that stem from the dynamic nature of the automotive industry. One key challenge is the need for continuous innovation to meet the growing demand for high-performance vehicles. Manufacturers face pressure to invest in research and development to enhance torque vectoring technologies, making them more efficient and adaptable to diverse driving conditions. Furthermore, the market grapples with the integration of torque vectoring systems into electric and hybrid vehicles, necessitating a shift in engineering and design approaches. Economic factors, such as fluctuating raw material costs, also pose challenges to market players, impacting production expenses and pricing strategies. In this competitive landscape, companies need to navigate these challenges strategically, focusing on technological advancements and cost-effective solutions to thrive in the Torque Vectoring Market.
The Vietnam Torque Vectoring Market has experienced notable changes due to the COVID-19 pandemic. Disruptions in supply chains, manufacturing processes, and workforce availability have impacted the production and distribution of torque vectoring systems. The decrease in vehicle production and shifts in consumer preferences during the pandemic have influenced the market dynamics. As the automotive industry moves toward recovery, stakeholders in the torque vectoring market should focus on strategies that promote flexibility, sustainability, and innovation to navigate the challenges and seize opportunities in the post-pandemic era.
In the Vietnam Torque Vectoring market, key players are at the forefront of developing advanced technologies to improve vehicle dynamics. Industry leaders like BorgWarner Inc., GKN Automotive Limited, and Eaton Corporation play pivotal roles in providing torque vectoring solutions that enhance traction and maneuverability. Their contributions are instrumental in shaping the performance capabilities of vehicles in the Vietnamese automotive market.
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 Vietnam Torque Vectoring Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Torque Vectoring Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Torque Vectoring Market - Industry Life Cycle |
3.4 Vietnam Torque Vectoring Market - Porter's Five Forces |
3.5 Vietnam Torque Vectoring Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 Vietnam Torque Vectoring Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Vietnam Torque Vectoring Market Revenues & Volume Share, By Clutch Actuation Type, 2021 & 2031F |
3.8 Vietnam Torque Vectoring Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
3.9 Vietnam Torque Vectoring Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Vietnam Torque Vectoring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Torque Vectoring Market Trends |
6 Vietnam Torque Vectoring Market, By Types |
6.1 Vietnam Torque Vectoring Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Torque Vectoring Market Revenues & Volume, By Vehicle Type, 2021-2031F |
6.1.3 Vietnam Torque Vectoring Market Revenues & Volume, By Passenger Car, 2021-2031F |
6.1.4 Vietnam Torque Vectoring Market Revenues & Volume, By Light Commercial Vehicle, 2021-2031F |
6.2 Vietnam Torque Vectoring Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Torque Vectoring Market Revenues & Volume, By Front wheel drive (FWD), 2021-2031F |
6.2.3 Vietnam Torque Vectoring Market Revenues & Volume, By Rear wheel drive (RWD), 2021-2031F |
6.2.4 Vietnam Torque Vectoring Market Revenues & Volume, By All wheel drive/Four wheel drive (4WD), 2021-2031F |
6.3 Vietnam Torque Vectoring Market, By Clutch Actuation Type |
6.3.1 Overview and Analysis |
6.3.2 Vietnam Torque Vectoring Market Revenues & Volume, By Hydraulic, 2021-2031F |
6.3.3 Vietnam Torque Vectoring Market Revenues & Volume, By Electronic, 2021-2031F |
6.4 Vietnam Torque Vectoring Market, By EV Type |
6.4.1 Overview and Analysis |
6.4.2 Vietnam Torque Vectoring Market Revenues & Volume, By BEV, 2021-2031F |
6.4.3 Vietnam Torque Vectoring Market Revenues & Volume, By HEV, 2021-2031F |
6.5 Vietnam Torque Vectoring Market, By Technology |
6.5.1 Overview and Analysis |
6.5.2 Vietnam Torque Vectoring Market Revenues & Volume, By Active Torque Vectoring System, 2021-2031F |
6.5.3 Vietnam Torque Vectoring Market Revenues & Volume, By Passive Torque Vectoring System, 2021-2031F |
7 Vietnam Torque Vectoring Market Import-Export Trade Statistics |
7.1 Vietnam Torque Vectoring Market Export to Major Countries |
7.2 Vietnam Torque Vectoring Market Imports from Major Countries |
8 Vietnam Torque Vectoring Market Key Performance Indicators |
9 Vietnam Torque Vectoring Market - Opportunity Assessment |
9.1 Vietnam Torque Vectoring Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 Vietnam Torque Vectoring Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Vietnam Torque Vectoring Market Opportunity Assessment, By Clutch Actuation Type, 2021 & 2031F |
9.4 Vietnam Torque Vectoring Market Opportunity Assessment, By EV Type, 2021 & 2031F |
9.5 Vietnam Torque Vectoring Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Vietnam Torque Vectoring Market - Competitive Landscape |
10.1 Vietnam Torque Vectoring Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Torque Vectoring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |