Automotive Torque Converter Market Demand & Future Scope Including Top Players And Forecast to 2021

Press Release

Automotive Torque Converter

The Automotive Torque Converter Market report 2019 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Automotive Torque Converter market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Automotive Torque Converter  market to grow at a  CAGR of 4.54% during the period 2017-2021. It also talks about the market size of different segments and their growth aspects.

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About Automotive Torque Converter

The torque converter is a modified fluid coupler/hydraulic coupler, like a clutch, that is placed between the engine and the transmission, which changes the mechanical torque. It helps in multiplying the torque at low speeds or during the periods of high engine loads. It also absorbs the torsional vibrations of the engine. A torque converter is usually placed between the flexplate and the transmission. It allows the transmission to be separated from the engine, which means there is no physical contact between the engine and the transmission.

Industry analysts forecast the global automotive torque converter Market to grow at a CAGR of 4.54% during the period 2017-2021.

Market driver

  • Rise in the demand for automatic transmission systems
  • For a full, detailed list, view our report

Market challenge

  • High replacement and repair costs of torque converters
  • For a full, detailed list, view our report

Market trend

  • Technological advances in torque converters
  • For a full, detailed list, view our report

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Key Players

  • BorgWarner
  • EXEDY
  • Schaeffler
  • Yutaka Giken
  • ZF Friedrichshafen
  • Dynamic Manufacturing
  • Sonnax Industries
  • and Transtar Industries
  • Automotive Torque Converter Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:

    • North America (U.S., Canada, Mexico)
    • Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
    • Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
    • South America (Brazil, Argentina, etc.)
    • Middle East & Africa (Saudi Arabia, South Africa, etc.)

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    The objective of this Automotive Torque Converter market research report is: -

    • To provide actionable intelligence alongside the market size of various segments.
    • To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
    • To determine the geographic breakdown of the market in terms of detailed analysis and impact.
    • To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
    • To track the competitive landscape of the market.

    Finally, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

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