Automotive Torque Converter Market

Automotive torque converter is a fluid coupling that functions as a means of transferring power from the engine to the transmission.

An automotive torque converter is comprised of an impeller, turbine, stator, and front cover, these parts work in conjunction with one another to transfer power from the engine to the transmission by swirling fluid around. The impeller, which is sometimes referred to as the pump, is welded to the front cover, is not physically connected to the turbine, which drives the input shaft on the transmission. The front cover is bolted to the flex plate, and as it rotates the impeller, the increasing velocity of the transmission fluid transmits power to the turbine and transmission input shaft.

Automotive Torque Converter Market contains market size and forecasts of Automotive Torque Converter in global, including the following market information:

Global Automotive Torque Converter Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Automotive Torque Converter Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Automotive Torque Converter companies in 2021 (%)

The global Automotive Torque Converter market was valued at 557.3 million in 2021 and is projected to reach US$ 697.3 million by 2028, at a CAGR of 3.3% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Single-Stage Torque Converter Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Automotive Torque Converter include EXEDY, Yutaka Giken, Kapec, ZF, Valeo, Schaeffler, Aerospace Power, Punch Powertrain and Allison Transmission, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Torque Converter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Torque Converter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Torque Converter Market Segment Percentages, by Type, 2021 (%)

Single-Stage Torque Converter

Multistage Torque Converter

Global Automotive Torque Converter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Torque Converter Market Segment Percentages, by Application, 2021 (%)

Automatic Transmission (AT)

Continuously Variable Transmission (CVT)

Others

Global Automotive Torque Converter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Automotive Torque Converter Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Torque Converter revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Automotive Torque Converter revenues share in global market, 2021 (%)

Key companies Automotive Torque Converter sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Automotive Torque Converter sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

EXEDY

Yutaka Giken

Kapec

ZF

Valeo

Schaeffler

Aerospace Power

Punch Powertrain

Allison Transmission

Precision of New Hampton

Hongyu.