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.
This report 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.