Torque Converter Market Highlights:
ZF Friedrichshafen (Germany), Schaeffler (Germany), Aisin (Japan), KAPEC (South Korea), Transtar (US), Valeo S.A. (France), EXEDY (Japan), BorgWarner, Inc. (US), Yutaka Giken (Japan), and Sonnax Industries (US) are some of the prominent players in the global torque converter systems market, as profiled by MRFR in their latest report.
Get Free Sample “Torque Converter Market Research Report-Global Forecast till 2027” At: https://www.marketresearchfuture.com/sample_request/4871
Torque Converter Market Drivers and Restraints:
Torque converters act as a bridge between the transmission and the engine. A torque converter is a fluid coupling type that transfers rotating power from a prime mover to a rotating driven load. A torque converter is capable of multiplying the torque when there is a substantial difference between the input and output of the engine’s rotation. The growth of the torque converter market is directly influenced by the growth recorded in the automotive market, specifically the automatic transmission vehicle market. Within the automatic transmission vehicles, passenger vehicles are exhibiting speedy demand, positively fueling growth in the torque converter market.
Further, with many vital manufacturers aiming for better vehicle efficiency and technological developments, the torque converter market is anticipated to register stellar growth during the forecast period. Also, the vehicle performance is elevated with the use of torque converters that can function under higher internal pressure and greater instant force. This feature of torque converters is very likely to augment the global market through the assessment period.
Mushrooming demand for automatic vehicles, as well as, high-end vehicles have also contributed to the ascension of the global torque converter market. Moreover, the rising demand for driver assistance systems, coupled with a surge in the use of electronics in vehicles has influenced a positive upscaling on the growth graph of the torque converter market. According to Market Research Future (MRFR), in their latest report, the global torque converter market is anticipated to register a lucrative CAGR during the forecast period.
Global Torque Converter Market Segments Analysis:
The global torque converter market has been segmented by Market Research Future (MRFR) on the basis of components, type, vehicle type, and region.
- Based on type, the torque converter market is segmented into automatic transmission, dual-clutch transmission, and continuously variable transmission.
- Based on component, the global torque converter market is segmented into damper, impeller, clutch plate, turbine, and stator.
- Based on vehicle type, the global torque converter market is bifurcated into passenger vehicles and commercial vehicles.
Global Torque Converter Market Regional Analysis:
The global torque converter market is regionally segmented into North America, Asia Pacific, Latin America, the Middle East and Africa, and Europe. The torque converter systems market is anticipated to showcase significant growth owing to a rise in the demand for automobiles, specifically in the United States and Europe. The United States is likely to witness a mushrooming demand for commercial vehicles, hence, driving major growth to the torque converter market in the region. Also, manufacturers are deploying torque converters in a majority of medium-duty and heavy-duty trucks, further fueling growth in the torque converter market in the region.
With the presence of highly populated countries such as India and China, the APAC region is expected to witness a burgeoning demand for automobiles in the foreseeable future. This, coupled with rising disposable incomes of many consumers in these countries, the automotive sector is bound to exhibit stellar upscaling in the demand curve, further pushing the torque converter market in the region. Plus, a rampant rise in the vehicle production in Asia Pacific, in addition to the global players investing in the technological advancements in torque converter systems is also contributing heavily to the growth of the market through the review period. The report published by Market Research Future has stated that Asia Pacific is anticipated to dominate the global torque converter systems market during the assessment period.
Report Overview:
The report for Global Torque Converter Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Industry Updates:
March 2022: TCI Automotive released its latest torque converter for the 6L80. This billet converter is available in three different configurations of stall speeds from 2600-2700, 2800-2900, and 3100-3200 RPM. It is also designed by keeping the high horsepower applications in mind. It features a triple-disc lock-up clutch aimed for the severities of the street driving along with racing which uses woven carbon frictions. It also includes a billet impeller hub and billet front cover which reduce ballooning.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
TABLE 1 TORQUE CONVERTER INDUSTRY 3600 SYNOPSIS, 2012 – 2023
TABLE 2 GLOBAL TORQUE CONVERTER MARKET ESTIMATES AND FORECAST, 2012 – 2023, (TONS) (USD MILLION)
TABLE 3 GLOBAL TORQUE CONVERTER MARKET VOLUME BY REGION, 2012 – 2023, (TONS)
TABLE 4 GLOBAL TORQUE CONVERTER MARKET REVENUE BY REGION, 2012 – 2023, (USD MILLION)
TABLE 5 GLOBAL TORQUE CONVERTER MARKET VOLUME BY PRODUCT, 2012– 2023, (TONS)
TABLE 6 GLOBAL TORQUE CONVERTER MARKET REVENUE BY PRODUCT, 2012– 2023, (USD MILLION)
Continued…
LIST OF FIGURES:
FIG. 1 TORQUE CONVERTER INDUSTRY SEGMENTATION
FIG. 2 GLOBAL TORQUE CONVERTER MARKET VOLUME & REVENUE, (TONS) (USD MILLION),
FIG. 3 TORQUE CONVERTER ECOSYSTEM ANALYSIS
FIG. 4 TORQUE CONVERTER INDUSTRY IMPACT FORCES
FIG. 5 GLOBAL OILSEED PRODUCTION FROM 2008/09 TO 2014/15 (MILLION METRIC TONS)
FIG. 6 GLOBAL OILSEED PRODUCTION SHARE BY PRODUCT,
Continued…
Browse More Information On Report at: https://www.marketresearchfuture.com/reports/torque-converter-market-4871
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services
Media Contact
Wantstats Research and Media Private Limited
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America
Phone:
+1 628 258 0071(US)
+44 2035 002 764(UK)
Email: sales@marketresearchfuture.com
Website: https://www.marketresearchfuture.com
