Global Automotive Torque Converter Market Report 2023 to 2032

Written by Siya  ยป  Updated on: July 07th, 2024

The Automotive Torque Converter Market report has been tailored in such a way that it gives total data related with market perspectives which directly or indirectly influence the industry structure. The report also opens up on a detailed investigation of various market factor such as growth path, trends, revenue, challenges and opportunity during the forecast timeline. Therefore, this report includes a full-scale market assessment that will help to acquire a deeper understanding of competitive benchmarking, market forecasts, company market share and market dynamics.ย  ย  ย ย 

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive torque converter market include Aisin Seiki Co. Ltd., BorgWarner Inc., Continental AG, Delphi Technologies, EXEDY Corporation, Isuzu Motors Limited, JATCO Ltd., Precision Industries, Schaeffler AG, Sonnax Transmission Company Inc., Transtar Industries Inc.S. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The rising application of automatic transmission in modern vehicles is projected to grow the global automotive torque converter market. The demand for the automotive torque converter is proportional to automatic transmission cars. The torque converterโ€™s ability to multiply torque when the output rotational speed is low is a factor contributing significantly to the increased sale. Emerging adoption of torque converters in commercial vehicles is anticipated to present opportunities. The growing adoption of automatic transmission in commercial vehicles are steered by the increasing construction activities, rising freight, and logistics sectors.

The report covers Porterโ€™s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industryโ€™s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each segment in the global market of automotive torque converter.

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Market Segmentation

The report segments the automotive torque converter market and analyses it with respect to the geography, intending to keep the marketer informed and help them identify the target demographics for the product or service.

By Transmission Type

  • AMT
  • DCT
  • CVT
  • Others

By Vehicle Type

  • Passenger Vehicles
  • Commercial Vehicles

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for automotive torque converter market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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