Market Overview:
The global automatic torque converter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for automatic transmissions in passenger cars and commercial vehicles. Automatic torque converters are used in automatic transmissions to convert the engine's rotational power into linear motion, which is then transmitted through the gearbox and finally to the wheels. Based on type, the global automatic torque converter market can be segmented into single-stage torque converter and multistage torque converter. The single-stage torque converter segment is expected to account for a larger share of the market than the multistage torque converter segment duringthe forecast period from 2018to 2030. This can be attributedto its lower cost as compared tomultistagetorque convertersand its higher efficiency levels as compared toreversibletorque converters .
Product Definition:
An automatic torque converter is a device that helps to automatically control the amount of torque being delivered to the wheels of a vehicle. It helps to ensure that the engine is running at its most efficient level, and it also helps to protect the engine from damage. The importance of an automatic torque converter lies in its ability to help optimize fuel economy while also protecting the engine.
Single-stage Torque Converter:
Single-stage torque converters are used to convert the rotary motion of the crankshaft to a linear one. It is an essential component in automotive engines, which helps in increasing fuel efficiency and power output. Single-stage torque converters have been witnessing significant growth over the past few years owing to their rising demand across various automobile segments such as luxury cars, compact cars, and sports utility vehicles (SUV).
Multistage Torque Converter:
Multistage torque converters are used to convert the rotary motion of the engine to the linear one. It is mainly used in automotive applications where high power and high speed are required. The torque converter consists of a set of gears that allow transmission of mechanical energy from one stage to another.
The multistage type torque converters have more than two stages, generally four or more, and they can be mounted on differentials or axles as per requirement.
Application Insights:
4AT was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. 4-wheel drive vehicles are widely used across industries owing to their ability to tackle tough terrains, such as snow and ice. Moreover, they are also used by several commercial organizations for logistics activities, construction work and mining applications. 6-wheel drive vehicles are commonly known as trucks or tractors in several countries worldwide due to their heavy-duty useage on farms or agricultural fields. Other types of automatic torque converters include 3AT, 5AT and 7AT which can be found on medium/lightweight vehicle applications such as sports cars, luxury sedans/hatchbacks or economy/compact car models respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing automotive production in countries, such as China and India. In 2017, Asia Pacific accounted for a share of 29% in terms of vehicle production while China accounted for a share of 22% globally. Moreover, rising disposable income coupled with growing consumer awareness regarding safety features is anticipated to fuel demand over the coming years.
Europe was estimated at USD X million in 2017.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in automatic torque converters
- Stringent government regulations on emissions
Scope Of The Report
Report Attributes
Report Details
Report Title
Automatic Torque Converter Market Research Report
By Type
Single-stage Torque Converter, Multistage Torque Converter
By Application
4AT, 6AT, Other
By Companies
Valeo-Kapec, EXEDY, Aisin, ZF, Yutaka Giken, Schaeffler, Precision of New Hampton, Aerospace Power, Hongyu
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
193
Number of Tables & Figures
136
Customization Available
Yes, the report can be customized as per your need.
Global Automatic Torque Converter Market Report Segments:
The global Automatic Torque Converter market is segmented on the basis of:
Types
Single-stage Torque Converter, Multistage Torque Converter
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
4AT, 6AT, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Valeo-Kapec
- EXEDY
- Aisin
- ZF
- Yutaka Giken
- Schaeffler
- Precision of New Hampton
- Aerospace Power
- Hongyu
Highlights of The Automatic Torque Converter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single-stage Torque Converter
- Multistage Torque Converter
- By Application:
- 4AT
- 6AT
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automatic Torque Converter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An automatic torque converter is a device that automatically changes the speed or torque of an engine to match the driving conditions.
Some of the major companies in the automatic torque converter market are Valeo-Kapec, EXEDY, Aisin, ZF, Yutaka Giken, Schaeffler, Precision of New Hampton, Aerospace Power, Hongyu.
The automatic torque converter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automatic Torque Converter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automatic Torque Converter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automatic Torque Converter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automatic Torque Converter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automatic Torque Converter Market Size & Forecast, 2018-2028
4.5.1 Automatic Torque Converter Market Size and Y-o-Y Growth
4.5.2 Automatic Torque Converter Market Absolute $ Opportunity
Chapter 5 Global Automatic Torque Converter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automatic Torque Converter Market Size Forecast by Type
5.2.1 Single-stage Torque Converter
5.2.2 Multistage Torque Converter
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automatic Torque Converter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automatic Torque Converter Market Size Forecast by Applications
6.2.1 4AT
6.2.2 6AT
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automatic Torque Converter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automatic Torque Converter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automatic Torque Converter Analysis and Forecast
9.1 Introduction
9.2 North America Automatic Torque Converter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automatic Torque Converter Market Size Forecast by Type
9.6.1 Single-stage Torque Converter
9.6.2 Multistage Torque Converter
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automatic Torque Converter Market Size Forecast by Applications
9.10.1 4AT
9.10.2 6AT
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automatic Torque Converter Analysis and Forecast
10.1 Introduction
10.2 Europe Automatic Torque Converter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automatic Torque Converter Market Size Forecast by Type
10.6.1 Single-stage Torque Converter
10.6.2 Multistage Torque Converter
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automatic Torque Converter Market Size Forecast by Applications
10.10.1 4AT
10.10.2 6AT
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automatic Torque Converter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automatic Torque Converter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automatic Torque Converter Market Size Forecast by Type
11.6.1 Single-stage Torque Converter
11.6.2 Multistage Torque Converter
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automatic Torque Converter Market Size Forecast by Applications
11.10.1 4AT
11.10.2 6AT
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automatic Torque Converter Analysis and Forecast
12.1 Introduction
12.2 Latin America Automatic Torque Converter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automatic Torque Converter Market Size Forecast by Type
12.6.1 Single-stage Torque Converter
12.6.2 Multistage Torque Converter
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automatic Torque Converter Market Size Forecast by Applications
12.10.1 4AT
12.10.2 6AT
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automatic Torque Converter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automatic Torque Converter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automatic Torque Converter Market Size Forecast by Type
13.6.1 Single-stage Torque Converter
13.6.2 Multistage Torque Converter
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automatic Torque Converter Market Size Forecast by Applications
13.10.1 4AT
13.10.2 6AT
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automatic Torque Converter Market: Competitive Dashboard
14.2 Global Automatic Torque Converter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Valeo-Kapec
14.3.2 EXEDY
14.3.3 Aisin
14.3.4 ZF
14.3.5 Yutaka Giken
14.3.6 Schaeffler
14.3.7 Precision of New Hampton
14.3.8 Aerospace Power
14.3.9 Hongyu
