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Synopsis
The torque converter market is driven by the high penetration of Automatic Transmission (AT) in mid- and premium segment cars.
The global Torque Converter market was valued at US$ 5770.8 million in 2023 and is anticipated to reach US$ 7457.5 million by 2030, witnessing a CAGR of 3.3% during the forecast period 2024-2030.
The torque converter market is a significant sector within the automotive and heavy machinery industries, providing a crucial component for vehicles with automatic transmissions. Torque converters are vital for transferring power from the engine to the transmission, allowing for smooth and efficient control of the vehicle's speed and torque. These components are widely used in automobiles, trucks, construction equipment, and industrial machinery. The market has witnessed ongoing advancements, particularly in the development of more efficient and environmentally friendly torque converters, to meet the demands of modern vehicles for improved fuel economy and reduced emissions. Leading manufacturers, such as Aisin Seiki, ZF Friedrichshafen, and BorgWarner, are at the forefront of innovation, delivering torque converters with advanced features like lock-up clutches and improved hydraulic designs. With the automotive industry's focus on electric and hybrid technologies, the torque converter market is adapting to these changing dynamics, ensuring that it remains a critical part of vehicle drivetrains, while also exploring opportunities in emerging markets like electric transmissions. Overall, the torque converter market continues to be integral in delivering the performance and drivability expected by vehicle owners and operators across the automotive and heavy machinery sectors.
This report aims to provide a comprehensive presentation of the global market for Torque Converter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Torque Converter.
Report Scope
The Torque Converter market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Torque Converter market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Torque Converter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
- Schaeffler
- ZF
- Aisin
- EXEDY
- BorgWarner
- Valeo
- YUTAKA
- Kapec
- Allison Transmission
Segment by Type
- Automatic Transmission
- Continuously Variable Transmission
- Dual Clutch Transmissions
Segment by Application
- Passenger Car
- Commercial Vehicle
Production by Region
- North America
- Europe
- China
- Japan
- South Korea
- India
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Torque Converter manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Torque Converter by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Torque Converter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Torque Converter Market Overview
1.1 Product Definition
1.2 Torque Converter Segment by Type
1.2.1 Global Torque Converter Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Automatic Transmission
1.2.3 Continuously Variable Transmission
1.2.4 Dual Clutch Transmissions
1.3 Torque Converter Segment by Application
1.3.1 Global Torque Converter Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Car
1.3.3 Commercial Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Torque Converter Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Torque Converter Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Torque Converter Production Estimates and Forecasts (2019-2030)
1.4.4 Global Torque Converter Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Torque Converter Production Market Share by Manufacturers (2019-2024)
2.2 Global Torque Converter Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Torque Converter, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Torque Converter Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Torque Converter Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Torque Converter, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Torque Converter, Product Offered and Application
2.8 Global Key Manufacturers of Torque Converter, Date of Enter into This Industry
2.9 Torque Converter Market Competitive Situation and Trends
2.9.1 Torque Converter Market Concentration Rate
2.9.2 Global 5 and 10 Largest Torque Converter Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Torque Converter Production by Region
3.1 Global Torque Converter Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Torque Converter Production Value by Region (2019-2030)
3.2.1 Global Torque Converter Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Torque Converter by Region (2025-2030)
3.3 Global Torque Converter Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Torque Converter Production by Region (2019-2030)
3.4.1 Global Torque Converter Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Torque Converter by Region (2025-2030)
3.5 Global Torque Converter Market Price Analysis by Region (2019-2024)
3.6 Global Torque Converter Production and Value, Year-over-Year Growth
3.6.1 North America Torque Converter Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Torque Converter Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Torque Converter Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Torque Converter Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Torque Converter Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Torque Converter Production Value Estimates and Forecasts (2019-2030)
4 Torque Converter Consumption by Region
4.1 Global Torque Converter Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Torque Converter Consumption by Region (2019-2030)
4.2.1 Global Torque Converter Consumption by Region (2019-2024)
4.2.2 Global Torque Converter Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Torque Converter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Torque Converter Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Torque Converter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Torque Converter Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Torque Converter Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Torque Converter Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Torque Converter Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Torque Converter Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Torque Converter Production by Type (2019-2030)
5.1.1 Global Torque Converter Production by Type (2019-2024)
5.1.2 Global Torque Converter Production by Type (2025-2030)
5.1.3 Global Torque Converter Production Market Share by Type (2019-2030)
5.2 Global Torque Converter Production Value by Type (2019-2030)
5.2.1 Global Torque Converter Production Value by Type (2019-2024)
5.2.2 Global Torque Converter Production Value by Type (2025-2030)
5.2.3 Global Torque Converter Production Value Market Share by Type (2019-2030)
5.3 Global Torque Converter Price by Type (2019-2030)
6 Segment by Application
6.1 Global Torque Converter Production by Application (2019-2030)
6.1.1 Global Torque Converter Production by Application (2019-2024)
6.1.2 Global Torque Converter Production by Application (2025-2030)
6.1.3 Global Torque Converter Production Market Share by Application (2019-2030)
6.2 Global Torque Converter Production Value by Application (2019-2030)
6.2.1 Global Torque Converter Production Value by Application (2019-2024)
6.2.2 Global Torque Converter Production Value by Application (2025-2030)
6.2.3 Global Torque Converter Production Value Market Share by Application (2019-2030)
6.3 Global Torque Converter Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Schaeffler
7.1.1 Schaeffler Torque Converter Corporation Information
7.1.2 Schaeffler Torque Converter Product Portfolio
7.1.3 Schaeffler Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Schaeffler Main Business and Markets Served
7.1.5 Schaeffler Recent Developments/Updates
7.2 ZF
7.2.1 ZF Torque Converter Corporation Information
7.2.2 ZF Torque Converter Product Portfolio
7.2.3 ZF Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.2.4 ZF Main Business and Markets Served
7.2.5 ZF Recent Developments/Updates
7.3 Aisin
7.3.1 Aisin Torque Converter Corporation Information
7.3.2 Aisin Torque Converter Product Portfolio
7.3.3 Aisin Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Aisin Main Business and Markets Served
7.3.5 Aisin Recent Developments/Updates
7.4 EXEDY
7.4.1 EXEDY Torque Converter Corporation Information
7.4.2 EXEDY Torque Converter Product Portfolio
7.4.3 EXEDY Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.4.4 EXEDY Main Business and Markets Served
7.4.5 EXEDY Recent Developments/Updates
7.5 BorgWarner
7.5.1 BorgWarner Torque Converter Corporation Information
7.5.2 BorgWarner Torque Converter Product Portfolio
7.5.3 BorgWarner Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.5.4 BorgWarner Main Business and Markets Served
7.5.5 BorgWarner Recent Developments/Updates
7.6 Valeo
7.6.1 Valeo Torque Converter Corporation Information
7.6.2 Valeo Torque Converter Product Portfolio
7.6.3 Valeo Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Valeo Main Business and Markets Served
7.6.5 Valeo Recent Developments/Updates
7.7 YUTAKA
7.7.1 YUTAKA Torque Converter Corporation Information
7.7.2 YUTAKA Torque Converter Product Portfolio
7.7.3 YUTAKA Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.7.4 YUTAKA Main Business and Markets Served
7.7.5 YUTAKA Recent Developments/Updates
7.8 Kapec
7.8.1 Kapec Torque Converter Corporation Information
7.8.2 Kapec Torque Converter Product Portfolio
7.8.3 Kapec Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Kapec Main Business and Markets Served
7.7.5 Kapec Recent Developments/Updates
7.9 Allison Transmission
7.9.1 Allison Transmission Torque Converter Corporation Information
7.9.2 Allison Transmission Torque Converter Product Portfolio
7.9.3 Allison Transmission Torque Converter Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Allison Transmission Main Business and Markets Served
7.9.5 Allison Transmission Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Torque Converter Industry Chain Analysis
8.2 Torque Converter Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Torque Converter Production Mode & Process
8.4 Torque Converter Sales and Marketing
8.4.1 Torque Converter Sales Channels
8.4.2 Torque Converter Distributors
8.5 Torque Converter Customers
9 Torque Converter Market Dynamics
9.1 Torque Converter Industry Trends
9.2 Torque Converter Market Drivers
9.3 Torque Converter Market Challenges
9.4 Torque Converter Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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