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Report Description

Report Description

Global automotive torque converter market is anticipated to grow at a CAGR of 6.02% during the forecast period to reach USD22,736.82 million by 2026. Anticipated growth in the market can be attributed to the increasing demand for automatic transmission in automobiles lined with the increasing research and development to produce fuel-efficient automobiles that adhere to emission regulations. Rapidly increasing urbanization, growing discretionary income and increasing desire for a pleasant driving experience is also driving the growth of the global automotive torque converter market in the upcoming five years.

Major automotive manufacturers are investing heavily in the production of state-of-the-art automotive components by integrating smart technologies such as automatic transmission, gasoline direct injection, etc., for optimum functioning of automobiles. A manual transmission engine is connected to a transmission by way of a clutch. Without this connection, an automobile would not be able to come to a complete stop without halting the engine. However, automobiles with an automatic transmission do not have a clutch that disengages the transmission from the engine. Instead, they use an automotive torque converter for power transmission. An automotive torque converter is a solidly manufactured automotive component that couples the engine with the transmission. Two curved plates are positioned in the core of the automotive torque converter, which is facing in opposite directions. The inner space in the device is filled up with hydraulic fluid, which transmits the power from the engine to the transmission. Torque converter works on the principle of fluid coupling. For fluid coupling to take place, the necessary amount of fluid needs to be transported inside the torque converter, which is done with the aid of an automotive pump. The engine propels the impeller turbine that transmits this fluid to the turbine. The increasing penetration of automatic transmission in vehicles across the world is airing the sales of automotive torque converters. Automotive torque converters are critical components of an automobile and need to be replaced when needed. The inappropriate working of an automotive torque converter can lead to 100% engine failure.

The COVID-19 pandemic has had a negative impact on automobile sales across the globe, directly hampering the global automotive torque converter market. In 2020, automotive torque converter sales decreased compared to 2019 as countries globally underwent strict lockdown in the Q2 and Q3 of 2020 as a measure to counter the spread of COVID-19. The lockdown resulted in the temporary closing of all factories, including automotive torque converter manufacturing facilities, resulting in production loss for the global automotive torque converter market.

Reduced Clutch Assembly Cost Drives the Market Growth

Automotive torque converters are installed in the vehicle, which is equipped with an automatic transmission system. The function of an automotive torque converter in an automatic transmission is similar to that of a clutch in manual transmission. Clutch assembly consists of the clutch plate, clutch cover, clutch bearing, release fork, etc. All the components of the clutch are clubbed together to form a clutch assembly. The usage of automotive torque converters in an automobile reduces the cost of a clutch plate assembly in the vehicle. The automotive torque converter works as an automatic clutch to serve the objective of an automatic gearbox for increasing torque in the automobile. The working principle of automotive torque converters is like that of a fluid flywheel, except for the fact that automotive torque converters increase the torque in the ratio of 2:1 or 3:1. The flywheel effect of automotive torque converters results in consistent and smoother operations of automatic transmission compared to a manual transmission. The growing usage of automotive torque converters resulting in reduced clutch assembly cost is anticipated to drive the global automotive torque converter market in the forthcoming years.

Growing Utilization in Commercial Vehicles

Commercial vehicles including Buses, Trucks, Vans, etc., find application majorly in logistics, public transportation, etc. These vehicles are often driven for longer distances or durations. The versatility of automatic transmission in commercial vehicles gives drivers flexibility while driving the vehicle as the driver does not need to switch gears frequently, providing the driver a fatigue-free experience. Moreover, installing an automotive torque converter gives the driver the ability to focus more on the road, reducing the chances of road accidents. The increasing adoption of automotive torque converters in commercial vehicles is predicted to propel the global automotive torque converter market in the coming five years.


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Market Segmentation

The global automotive torque converter market is segmented based on vehicle, transmission, stage, propulsion, region, and competitional landscape. Based on vehicle, the market is further fragmented into passenger cars, LCV, M&HCV. On the basis of transmission type, the market is fragmented into automatic transmission (AT), automated manual transmission (AMT), cross variable transmission (CVT) and others. Also, segmentation of the market on the grounds of the stage is done into stall, acceleration and coupling. Based on propulsion type, the market is segmented into petrol/CNG, diesel, and electric & hybrid. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among North America, Europe, Asia-Pacific, South America, and Middle East & Africa. In terms of country, the United States automotive torque converter market is forecast to grow at a faster rate and is expected to reach around USD4,194.82 million during the forecast period 2026.

Company Profiles

Sonnax Transmission Company, Inc., Schaeffler Technologies AG & Co. KG, ZF Friedrichshafen AG, Exedy Corporation, Yutaka Giken Company Limited, Dynax Corporation, Jatco Ltd., Jeon Woo Precision Co., Ltd, BorgWarner Inc. Precision Industries, Valeo Group, Aisin Corporation, Shaanxi Aerospace Power Hi-tech Co., Ltd, Dana Limited, Allison Transmission Inc., Transtar Industries Inc., Unipres Corporation., RevMax Performance Converters, TCI Automotive LLC, A-1 Performance Trans & Converters are among the major market players in the global platform that lead the market growth of the global automotive torque converter market.

Attribute

Details

Market Size Value in 2020

USD15,357.26 Million

Revenue Forecast in 2026

USD22,736.82 Million

US Revenue Forecast in 2026

USD4,194.82 Million

Growth Rate

6.02%

Base Year

2020

Historical Years

2016 – 2020

Estimated Year

2021

Forecast Period

2022 – 2026

Quantitative Units

Revenue in USD Million and CAGR for 2016-2020 and 2021-2026

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Vehicle

·         Transmission

·         Stage

·         Propulsion

·         Region

·         Company

Regional Scope

North America, Europe, Asia-Pacific, South America and Middle East & Africa

Country Scope

United States; Mexico; Canada; Germany; France; United Kingdom; Italy; Spain; China; Japan; India; South Korea; Thailand; Brazil; Argentina; Colombia; Turkey; Iran; South Africa

Key Companies Profiled

Sonnax Transmission Company, Inc., Schaeffler Technologies AG & Co. KG, ZF Friedrichshafen AG, Exedy Corporation, Yutaka Giken Company Limited, Dynax Corporation, Jatco Ltd., Jeon Woo Precision Co,. Ltd, BorgWarner Inc. Precision Industries, Valeo Group, Aisin Corporation, Shaanxi Aerospace Power Hi-tech Co., Ltdetc.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

 

Report Scope:

In this report, global automotive torque converter market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Torque Converter Market, By Vehicle Type:
    • Passenger Car
    • Light Commercial Vehicle
    • Medium & Heavy Commercial Vehicle
  • Automotive Torque Converter Market, By Transmission Type:
    • CVT
    • AT
    • AMT
    • Others (DCT, IMT, etc.)
  • Automotive Torque Converter Market, By Stage:
    • Acceleration
    • Coupling
    • Stall
  • Automotive Torque Converter Market, By Propulsion Type:
    • Petrol/CNG
    • Electric & Hybrid
    • Diesel
  • Automotive Torque Converter Market, By Region:
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Thailand
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • Middle East & Africa
      • Turkey
      • Iran
      • South Africa
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive torque converter market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
Table of content

Table of content

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Automotive Torque Converter Market

4.    Executive Summary

5.    Voice of Customer

5.1.  Brand Recall

5.2.  Factors Influencing Purchase Decision

5.3.  Challenges/Issues Faced Post Purchase

6.    Global Automotive Torque Converter Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Volume

6.1.2.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Vehicle Type (Passenger Cars, LCV and M&HCV)

6.2.2.    By Transmission Type (Automatic Transmission (AT), Automated Manual Transmission (AMT), Dual-Clutch Transmission (DCT) and Others)

6.2.3.    By Stage (Stall, Acceleration and Coupling)

6.2.4.    By Propulsion (Petrol/CNG, Diesel, and Electric and Hybrid)

6.2.5.    By Region

6.2.6.    By Company (2020)

6.3.  Market Map (By Transmission Type, By Region)

7.    Asia-Pacific Automotive Torque Converter Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Volume  

7.1.2.    By Value

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type

7.2.2.     By Transmission Type

7.2.3.     By Stage

7.2.4.     By Propulsion

7.2.5.     By Country

7.3.   Asia-Pacific: Country Analysis

7.3.1.    China Automotive Torque Converter Market Outlook

7.3.1.1.        Market Size & Forecast

7.3.1.1.1.            By Volume

7.3.1.1.2.            By Value

7.3.1.2.        Market Share & Forecast

7.3.1.2.1.            By Vehicle Type

7.3.1.2.2.            By Transmission Type

7.3.1.2.3.            By Stage

7.3.1.2.4.            By Propulsion

7.3.2.    Japan Automotive Torque Converter Market Outlook

7.3.2.1.        Market Size & Forecast

7.3.2.1.1.            By Volume

7.3.2.1.2.            By Value

7.3.2.2.        Market Share & Forecast

7.3.2.2.1.            By Vehicle Type

7.3.2.2.2.            By Transmission Type

7.3.2.2.3.            By Stage

7.3.2.2.4.            By Propulsion

7.3.3.    South Korea Automotive Torque Converter Market Outlook

7.3.3.1.        Market Size & Forecast

7.3.3.1.1.            By Volume

7.3.3.1.2.            By Value

7.3.3.2.        Market Share & Forecast

7.3.3.2.1.            By Vehicle Type

7.3.3.2.2.            By Transmission Type

7.3.3.2.3.            By Stage

7.3.3.2.4.            By Propulsion

7.3.4.    India Automotive Torque Converter Market Outlook

7.3.4.1.        Market Size & Forecast

7.3.4.1.1.            By Volume

7.3.4.1.2.            By Value

7.3.4.2.        Market Share & Forecast

7.3.4.2.1.            By Vehicle Type

7.3.4.2.2.            By Transmission Type

7.3.4.2.3.            By Stage

7.3.4.2.4.            By Propulsion

7.3.5.    Thailand Automotive Torque Converter Market Outlook

7.3.5.1.        Market Size & Forecast

7.3.5.1.1.            By Volume

7.3.5.1.2.            By Value

7.3.5.2.        Market Share & Forecast

7.3.5.2.1.            By Vehicle Type

7.3.5.2.2.            By Transmission Type

7.3.5.2.3.            By Stage

7.3.5.2.4.            By Propulsion

8.    Europe Automotive Torque Converter Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Volume  

8.1.2.    By Value

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Transmission Type

8.2.3.     By Stage

8.2.4.     By Propulsion

8.2.5.     By Country

8.3.   Europe: Country Analysis

8.3.1.    Germany Automotive Torque Converter Market Outlook

8.3.1.1.        Market Size & Forecast

8.3.1.1.1.            By Volume

8.3.1.1.2.            By Value

8.3.1.2.        Market Share & Forecast

8.3.1.2.1.            By Vehicle Type

8.3.1.2.2.            By Transmission Type

8.3.1.2.3.            By Stage

8.3.1.2.4.            By Propulsion

8.3.2.    Spain Automotive Torque Converter Market Outlook

8.3.2.1.        Market Size & Forecast

8.3.2.1.1.            By Volume

8.3.2.1.2.            By Value

8.3.2.2.        Market Share & Forecast

8.3.2.2.1.            By Vehicle Type

8.3.2.2.2.            By Transmission Type

8.3.2.2.3.            By Stage

8.3.2.2.4.            By Propulsion

8.3.3.    France Automotive Torque Converter Market Outlook

8.3.3.1.        Market Size & Forecast

8.3.3.1.1.            By Volume

8.3.3.1.2.            By Value

8.3.3.2.        Market Share & Forecast

8.3.3.2.1.            By Vehicle Type

8.3.3.2.2.            By Transmission Type

8.3.3.2.3.            By Stage

8.3.3.2.4.            By Propulsion

8.3.4.    United Kingdom Automotive Torque Converter Market Outlook

8.3.4.1.        Market Size & Forecast

8.3.4.1.1.            By Volume

8.3.4.1.2.            By Value

8.3.4.2.        Market Share & Forecast

8.3.4.2.1.            By Vehicle Type

8.3.4.2.2.            By Transmission Type

8.3.4.2.3.            By Stage

8.3.4.2.4.            By Propulsion

8.3.5.    Italy Automotive Torque Converter Market Outlook

8.3.5.1.        Market Size & Forecast

8.3.5.1.1.            By Volume

8.3.5.1.2.            By Value

8.3.5.2.        Market Share & Forecast

8.3.5.2.1.            By Vehicle Type

8.3.5.2.2.            By Transmission Type

8.3.5.2.3.            By Stage

8.3.5.2.4.            By Propulsion

9.    North America Automotive Torque Converter Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Volume  

9.1.2.    By Value

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Transmission Type

9.2.3.     By Stage

9.2.4.     By Propulsion

9.2.5.     By Country

9.3.   North America: Country Analysis

9.3.1.     United States Automotive Torque Converter Market Outlook

9.3.1.1.        Market Size & Forecast

9.3.1.1.1.            By Volume

9.3.1.1.2.            By Value

9.3.1.2.        Market Share & Forecast

9.3.1.2.1.            By Vehicle Type

9.3.1.2.2.            By Transmission Type

9.3.1.2.3.            By Stage

9.3.1.2.4.            By Propulsion

9.3.2.    Mexico Automotive Torque Converter Market Outlook

9.3.2.1.        Market Size & Forecast

9.3.2.1.1.            By Volume

9.3.2.1.2.            By Value

9.3.2.2.        Market Share & Forecast

9.3.2.2.1.            By Vehicle Type

9.3.2.2.2.            By Transmission Type

9.3.2.2.3.            By Stage

9.3.2.2.4.            By Propulsion

9.3.3.    Canada Automotive Torque Converter Market Outlook

9.3.3.1.        Market Size & Forecast

9.3.3.1.1.            By Volume

9.3.3.1.2.            By Value

9.3.3.2.        Market Share & Forecast

9.3.3.2.1.            By Vehicle Type

9.3.3.2.2.            By Transmission Type

9.3.3.2.3.            By Stage

9.3.3.2.4.            By Propulsion

10.  Middle East & Africa Automotive Torque Converter Market Outlook

10.1.             Market Size & Forecast

10.1.1. By Volume  

10.1.2. By Value

10.2.             Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Transmission Type

10.2.3.  By Stage

10.2.4.  By Propulsion

10.2.5.  By Country

10.3.              Middle East & Africa: Country Analysis

10.3.1. Turkey Automotive Torque Converter Market Outlook

10.3.1.1.     Market Size & Forecast

10.3.1.1.1.         By Volume

10.3.1.1.2.         By Value

10.3.1.2.     Market Share & Forecast

10.3.1.2.1.         By Vehicle Type

10.3.1.2.2.         By Transmission Type

10.3.1.2.3.         By Stage

10.3.1.2.4.         By Propulsion

10.3.2. Iran Automotive Torque Converter Market Outlook

10.3.2.1.     Market Size & Forecast

10.3.2.1.1.         By Volume

10.3.2.1.2.         By Value

10.3.2.2.     Market Share & Forecast

10.3.2.2.1.         By Vehicle Type

10.3.2.2.2.         By Transmission Type

10.3.2.2.3.         By Stage

10.3.2.2.4.         By Propulsion

10.3.3. South Africa Automotive Torque Converter Market Outlook

10.3.3.1.     Market Size & Forecast

10.3.3.1.1.         By Volume

10.3.3.1.2.         By Value

10.3.3.2.     Market Share & Forecast

10.3.3.2.1.         By Vehicle Type

10.3.3.2.2.         By Transmission Type

10.3.3.2.3.         By Stage

10.3.3.2.4.         By Propulsion

11.  South America Automotive Torque Converter Market Outlook

11.1.             Market Size & Forecast

11.1.1. By Volume  

11.1.2. By Value

11.2.             Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Transmission Type

11.2.3.  By Stage

11.2.4.  By Propulsion

11.2.5.  By Country

11.3.              South America: Country Analysis

11.3.1. Brazil Automotive Torque Converter Market Outlook

11.3.1.1.     Market Size & Forecast

11.3.1.1.1.         By Volume

11.3.1.1.2.         By Value

11.3.1.2.     Market Share & Forecast

11.3.1.2.1.         By Vehicle Type

11.3.1.2.2.         By Transmission Type

11.3.1.2.3.         By Stage

11.3.1.2.4.         By Propulsion

11.3.2. Argentina Automotive Torque Converter Market Outlook

11.3.2.1.     Market Size & Forecast

11.3.2.1.1.         By Volume

11.3.2.1.2.         By Value

11.3.2.2.     Market Share & Forecast

11.3.2.2.1.         By Vehicle Type

11.3.2.2.2.         By Transmission Type

11.3.2.2.3.         By Stage

11.3.2.2.4.         By Propulsion

11.3.3. Colombia Automotive Torque Converter Market Outlook

11.3.3.1.     Market Size & Forecast

11.3.3.1.1.         By Volume

11.3.3.1.2.         By Value

11.3.3.2.     Market Share & Forecast

11.3.3.2.1.         By Vehicle Type

11.3.3.2.2.         By Transmission Type

11.3.3.2.3.         By Stage

11.3.3.2.4.         By Propulsion

12.  Market Dynamics

12.1.Drivers

12.2.Challenges

13.  Market Trends and Developments

14.  Competitive Landscape

14.1. Sonnax Transmission Company, Inc.

14.2.Schaeffler Technologies AG & Co. KG

14.3.ZF Friedrichshafen AG

14.4.Exedy Corporation

14.5.Yutaka Giken Company Limited.

14.6.Dynax Corporation

14.7.Jatco Ltd.

14.8.Jeon Woo Precision Co,. Ltd.

14.9.    BorgWarner Inc.

14.10. Precision Industries

14.11. Valeo Group

14.12.  Aisin Corporation

14.13.  Shaanxi Aerospace Power Hi-tech Co., Ltd

14.14.  Dana Limited

14.15.  Allison Transmission Inc.

14.16.  Transtar Industries Inc.

14.17.  Unipres Corporation.

14.18.  RevMax Performance Converters

14.19.  TCI Automotive LLC

14.20.  A-1 Performance Trans & Converters

15. Strategic Recommendations

Figures and Tables

List of Figure:

Figure 1:      Global Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 2:      Global Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 3:      Global Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 4:      Global Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 5:      Global Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 6:      Global Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 7:      Global Automotive Torque Converter Market Share, By Region, By Volume, 2016-2026F

Figure 8:      Global Automotive Torque Converter Market Share, By Company, By Volume, 2020

Figure 9:      Global Automotive Torque Converter Market Map, By Transmission Type, Market Size (Thousand Units) & Growth Rate (%)

Figure 10:    Global Automotive Torque Converter Market Map, By Region, Market Size (Thousand Units) & Growth Rate (%)

Figure 11:    Asia-Pacific Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 12:    Asia-Pacific Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 13:    Asia-Pacific Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 14:    Asia-Pacific Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 15:    Asia-Pacific Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 16:    Asia-Pacific Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 17:    Asia-Pacific Automotive Torque Converter Market Share, By Country, By Volume, 2016-2026F

Figure 18:    China Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 19:    China Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 20:    China Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 21:    China Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 22:    China Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 23:    China Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 24:    Japan Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 25:    Japan Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 26:    Japan Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 27:    Japan Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 28:    Japan Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 29:    Japan Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 30:    South Korea Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 31:    South Korea Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 32:    South Korea Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 33:    South Korea Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 34:    South Korea Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 35:    South Korea Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 36:    India Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 37:    India Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 38:    India Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 39:    India Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 40:    India Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 41:    India Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 42:    Thailand Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 43:    Thailand Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 44:    Thailand Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 45:    Thailand Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 46:    Thailand Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 47:    Thailand Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 48:    Europe Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 49:    Europe Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 50:    Europe Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 51:    Europe Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 52:    Europe Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 53:    Europe Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 54:    Europe Automotive Torque Converter Market Share, By Country, By Volume, 2016-2026F

Figure 55:    Germany Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 56:    Germany Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 57:    Germany Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 58:    Germany Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 59:    Germany Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 60:    Germany Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 61:    Spain Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 62:    Spain Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 63:    Spain Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 64:    Spain Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 65:    Spain Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 66:    Spain Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 67:    Spain Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 68:    Spain Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 69:    Spain Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 70:    Spain Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 71:    Spain Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 72:    Spain Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 73:    United Kingdom Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 74:    United Kingdom Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 75:    United Kingdom Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 76:    United Kingdom Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 77:    United Kingdom Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 78:    United Kingdom Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 79:    Italy Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 80:    Italy Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 81:    Italy Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 82:    Italy Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 83:    Italy Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 84:    Italy Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 85:    North America Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 86:    North America Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 87:    North America Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 88:    North America Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 89:    North America Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 90:    North America Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 91:    North America Automotive Torque Converter Market Share, By Country, By Volume, 2016-2026F

Figure 92:    United States Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 93:    United States Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 94:    United States Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 95:    United States Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 96:    United States Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 97:    United States Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 98:    Mexico Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 99:    Mexico Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 100:   Mexico Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 101:   Mexico Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 102:   Mexico Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 103:   Mexico Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 104:   Canada Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 105:   Canada Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 106:   Canada Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 107:   Canada Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 108:   Canada Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 109:   Canada Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 110:   Middle East & Africa Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 111:   Middle East & Africa Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 112:   Middle East & Africa Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 113:   Middle East & Africa Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 114:   Middle East & Africa Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 115:   Middle East & Africa Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 116:   Middle East & Africa Automotive Torque Converter Market Share, By Country, By Volume, 2016-2026F

Figure 117:   Turkey Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 118:   Turkey Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 119:   Turkey Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 120:   Turkey Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 121:   Turkey Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 122:   Turkey Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 123:   Iran Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 124:   Iran Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 125:   Iran Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 126:   Iran Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 127:   Iran Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 128:   Iran Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 129:   South Africa Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 130:   South Africa Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 131:   South Africa Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 132:   South Africa Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 133:   South Africa Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 134:   South Africa Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 135:   South America Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 136:   South America Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 137:   South America Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 138:   South America Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 139:   South America Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 140:   South America Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 141:   South America Automotive Torque Converter Market Share, By Country, By Volume, 2016-2026F

Figure 142:   Brazil Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 143:   Brazil Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 144:   Brazil Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 145:   Brazil Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 146:   Brazil Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 147:   Brazil Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 148:   Argentina Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 149:   Argentina Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 150:   Argentina Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 151:   Argentina Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 152:   Argentina Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 153:   Argentina Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F

Figure 154:   Colombia Automotive Torque Converter Market Size, By Volume (Thousand Units), 2016-2026F

Figure 155:   Colombia Automotive Torque Converter Market Size, By Value (USD Million), 2016-2026F

Figure 156:   Colombia Automotive Torque Converter Market Share, By Vehicle Type, By Volume, 2016-2026F

Figure 157:   Colombia Automotive Torque Converter Market Share, By Transmission Type, By Volume, 2016-2026F

Figure 158:   Colombia Automotive Torque Converter Market Share, By Stage, By Volume, 2016-2026F

Figure 159:          Colombia Automotive Torque Converter Market Share, Propulsion Type, By Volume, 2016-2026F
Frequently asked questions

Frequently asked questions

The global automotive torque converter market stood at 15,357 thousand units in 2020 and is projected to reach 22,737 thousand units by 2026, growing at a CAGR of 6.02% owing to increasing market penetration of automatic transmission, etc.

Common variable transmission has the major share of around 34% in global automotive torque converter market, as the CVT transmission is efficient as compared to the other transmissions. Thus, it led to an increase in demand of CVT transmission globally.

The top 10 players in the global automotive torque converter market are Sonnax Transmission Company, Inc., Schaeffler Technologies AG & Co. KG, ZF Friedrichshafen AG, Exedy Corporation, Yutaka Giken Company Limited, Dynax Corporation, Jatco Ltd., Jeon Woo Precision Co. Ltd, BorgWarner Inc. Precision Industries, Valeo Group, etc.

Rising adoption of automatic transmission in commercial vehicles allow drivers to have flexibility while driving the vehicle as the driver does not need to switch gears frequently, giving driver the ability to focus more on the road, reducing the chances of road accidents are some of the market trends in the global automotive torque converter market.

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