Global Automotive Torque Converter Market 2016-2020
About Automotive Torque Converter
A torque converter allows a vehicle engine to spin independently of the transmission. When the engine turns slowly (for instance when the vehicle is idling at a traffic signal), the amount of torque passing through the torque converter to the transmission is small; however, it requires light pressure on the brake pedal. When the driver applies more pressure on the accelerator, the engine revs up and pumps more fluid into the torque converter. Thus, more torque is transmitted to the wheels.
Technavio’s analysts forecast the global automotive torque converter market to grow at a CAGR of 4.1% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive torque converter market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automotive torque converters globally.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Torque Converter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Exedy
• Schaeffler (LUK)
• Yutaka
• ZF
Other prominent vendors
• Dynamic Manufacturing
• Precision Torque Converters
• Sonnax
• Transtar
Market driver
• Increased demand for automatic transmission vehicles
• For a full, detailed list, view our report
Market challenge
• Low market for vehicles with automatic transmission in EU
• For a full, detailed list, view our report
Market trend
• Technological advances in torque converters
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
A torque converter allows a vehicle engine to spin independently of the transmission. When the engine turns slowly (for instance when the vehicle is idling at a traffic signal), the amount of torque passing through the torque converter to the transmission is small; however, it requires light pressure on the brake pedal. When the driver applies more pressure on the accelerator, the engine revs up and pumps more fluid into the torque converter. Thus, more torque is transmitted to the wheels.
Technavio’s analysts forecast the global automotive torque converter market to grow at a CAGR of 4.1% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive torque converter market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automotive torque converters globally.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Torque Converter Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Exedy
• Schaeffler (LUK)
• Yutaka
• ZF
Other prominent vendors
• Dynamic Manufacturing
• Precision Torque Converters
• Sonnax
• Transtar
Market driver
• Increased demand for automatic transmission vehicles
• For a full, detailed list, view our report
Market challenge
• Low market for vehicles with automatic transmission in EU
• For a full, detailed list, view our report
Market trend
• Technological advances in torque converters
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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