Global Automotive Torque Converter Market 2017-2021
- SKU ID : TNV-IRTNTR15153 11372726
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- Publishing Date: 21-Dec-2017
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- Region: Global
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- No. of pages: 76
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.
Technavio’s analysts forecast the global automotive torque converter market to grow at a CAGR of 4.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive torque converter market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Torque Converter Market 2017-2021, 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
• BorgWarner
• EXEDY
• Schaeffler
• Yutaka Giken
• ZF Friedrichshafen
Other prominent vendors
• Dynamic Manufacturing
• Sonnax Industries
• Transtar Industries
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
Key questions answered in this report
• What will the market size be in 2021 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?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
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.
Technavio’s analysts forecast the global automotive torque converter market to grow at a CAGR of 4.54% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive torque converter market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Automotive Torque Converter Market 2017-2021, 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
• BorgWarner
• EXEDY
• Schaeffler
• Yutaka Giken
• ZF Friedrichshafen
Other prominent vendors
• Dynamic Manufacturing
• Sonnax Industries
• Transtar Industries
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
Key questions answered in this report
• What will the market size be in 2021 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?
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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