According to a recent study report published by Market Research Future (MRFR), the global Torque Converter market is projected to grow over USD XXX MN by 2023, registering decent CAGR during the forecast period (2018 to 2023). Torque Converter Market 2019 Global Forecast Research Report is a in depth professional analysis study on the Torque Converter Industry by battery Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), Region and global industry forecast to 2023.
Torque Converter Industry current, future and historical market data with Global Torque Converter market opportunity and risk analysis with competitor market status, revenue, share, market drivers, cost structure analysis is included in this report.
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Torque Converter Key Players Analyzed in Report:
Schaeffler (Germany), Aisin (Japan), Valeo S.A. (France), BorgWarner, Inc. (US), ZF Friedrichshafen (Germany), KAPEC (South Korea), EXEDY (Japan), Transtar (US), Yutaka Giken (Japan), and Sonnax Industries (US) are some of the eminent players of the global torque converter market.
Torque Converter Market Highlights:
Torque converter is used in automobiles to transfer rotating power in prime movers to rotating driven load. It helps is the multiplication of torque at times when output rotational speed is very low. In the assessment presented by Market Research Future MRFR, the global torque converter market is expected to register a decent CAGR during the review period. In addition, the market is poised to earn considerable amount of revenue over the next couple of years. Increasing growth rate of the automotive industry is poised to boost the pace of growth of the market. The rising investments in technology in the automotive industry are also projected to drive the growth of the market in the upcoming years.
Torque converter is used to bridge the gap between the engine and transmission. Increasing production of automatic transmission vehicles is prognosticated to catalyze the expansion of the torque converter market in the forthcoming years. Also, other factors that are supporting the growth of the industry, such as rising disposable income, increasing demand for automobiles, rising production of high-end cars, etc. are supposed to support the growth of the torque converter market in the upcoming years. The support extended by the governments to expand public transportation facilities is also considered to be a driving factor of the torque converter market. Increasing investments towards the same purpose are projected to act as a growth catalyst for the growth rate of the market.
Industry leaders of the automotive industry are emphasizing on the enhancement of vehicle efficiency. It is projected to increase the growth rate of the torque converter market soon. Also, technological developments of torque converters are expected to drive the expansion of the market in the foreseeable future. The product is projected to witness developments over the next couple of years. It is anticipated to play a developmental role in the expansion of the torque converter market in the foreseeable future. Increasing use of embedded electrical systems in vehicles is also anticipated to boost the torque converter market soon. The demand for driving assistance systems are also poised to impact the market favorably during the evaluation period.
Torque Converter Market Regional Overview:
The regional segments identified for the geographical analysis of the global automotive torque converter market are Latin America, Europe, Asia Pacific, the Middle East & Africa, and North America. A country-based analysis of these regional segments is also included in this MRFR report for a detailed insight.
North America is likely to witness remarkable development owing to the rising demand for commercial vehicles. Also, the increasing investments in the advancements in the automotive industry if the region is presumed to boost growth of the torque converter market in the upcoming years. The U.S. is expected to observe the maximum growth owing to the presence of a technologically developed automotive industry. Europe, too, is poised to exhibit developments that can be attributed to the advanced automotive industry of the region. Asia Pacific is set to attract investments from global leaders and witness a rapidly growing torque converter market.
Global Torque Converter Market Segments:
By battery type, the torque converter market has been segmented into AT, CVT, and DCT.
By component, the torque converter market is segmented into clutch plate, damper, impeller, turbine, and stator.
By vehicle, the torque converter market is divided into passenger car and commercial vehicle.
How this report is helpful to your business?
To study and analyze the global Torque Converter market size (value and volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
To understand the structure of Torque Converter market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Torque Converter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Torque Converter with respect to individual growth trends, future prospects, and their contribution to the total market.
Key questions answered in the report:
What will the market growth rate of Torque Converter market?
What are the key factors driving the Global Torque Converter market?
Who are the key manufacturers in Torque Converter market space?
What are the market opportunities, market risk and market overview of the Torque Converter market?
What are sales, revenue, and price analysis of top manufacturers of Torque Converter market?
Who are the distributors, traders and dealers of Torque Converter market?
What are sales, revenue, and price analysis by regions of Torque Converter industries?
To project the value and volume of Torque Converter submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
REPORT CONTENT
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. RESEARCH METHODOLOGY
1.1.1. INITIAL DATA EXPLORATION
1.1.2. STATISTICAL MODELING AND FORECAST
1.1.3. INDUSTRY INSIGHTS AND VALIDATION
1.2. DATA SOURCES
CHAPTER 2. EXECUTIVE SUMMARY
2.1. TORQUE CONVERTER INDUSTRY 3600 SYNOPSIS, 2012 – 2023
2.1.1. BUSINESS TRENDS
2.1.2. COMPONENT TRENDS
2.1.3. VEHICLE TYPE TRENDS
CHAPTER 3 TORQUE CONVERTER INDUSTRY INSIGHTS
3.1 INDUSTRY SEGMENTATION
3.2 INDUSTRY SIZE AND FORECAST
3.3 INDUSTRY ECOSYSTEM ANALYSIS
3.4 INDUSTRY IMPACT FORCES
3.4.1 GROWTH DRIVERS
3.5 GROWTH POTENTIAL ANALYSIS
3.6 COMPANY MARKET SHARE ANALYSIS, 2015
3.7 PORTER’S ANALYSIS
3.8 PESTEL ANALYSIS
CHAPTER 4 TORQUE CONVERTER PRODUCT INSIGHTS
4.1 GLOBAL TORQUE CONVERTER MARKET VOLUME SHARE BY TYPE, 2015 & 2023
4.2 AUTOMATIC TRANSMISSION
4.2.1 MARKET ESTIMATES & FORECAST, 2012 – 2023
4.3 CONTINUOUSLY VARIABLE TRANSMISSION
4.3.1 MARKET ESTIMATES & FORECAST, 2012-2023
4.4 DUAL-CLUTCH TRANSMISSION
4.4.1 MARKET ESTIMATES & FORECAST, 2012-2023
4.8.1 MARKET ESTIMATES & FORECAST, 2012-2023
CHAPTER 5 TORQUE CONVERTER APPLICATION INSIGHTS
5.1 GLOBAL TORQUE CONVERTER MARKET VOLUME SHARE BY VEHICLE TYPE, 2015 & 2023
5.2 PASSENGER VEHICLE
5.2.1 MARKET ESTIMATES & FORECAST, 2012 – 2023
5.2.2 MARKET ESTIMATES & FORECAST BY REGION, 2012 – 2023
5.3 COMMERCIAL VEHICLE
5.3.1 MARKET ESTIMATES & FORECAST, 2012 – 2023
5.3.2 MARKET ESTIMATES & FORECAST BY REGION, 2012 – 2023
CHAPTER 6 TORQUE CONVERTER REGIONAL INSIGHTS
6.1 TORQUE CONVERTER MARKET VOLUME SHARE BY REGION, 2015 & 2023.
6.2 NORTH AMERICA
6.2.1 MARKET ESTIMATES & FORECAST, 2012 – 2023
6.2.2 MARKET ESTIMATES & FORECAST, BY VEHICLE TYPE TYPE, 2012 – 2023
6.2.3 U.S.
6.2.3.1 MARKET ESTIMATES & FORECAST, 2012 – 2023
6.2.3.2 MARKET ESTIMATES & FORECAST BY VEHICLE TYPE TYPE, 2012 – 2023
Continued…
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