REPORT OUTLOOK
Market Size | CAGR | Dominating Region |
---|---|---|
4.28% | USD 10.21 billion by 2029 | Asia Pacific |
By Transmission Type | By Vehicle Type | By Hybrid Vehicle | By Region |
---|---|---|---|
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SCOPE OF THE REPORT
Automatic Torque Convertor Market Overview
The automatic torque convertor market is expected to grow at 4.28 % CAGR from 2023 to 2029. It is expected to reach above USD 10.21 billion by 2029 from USD 7.1 billion in 2020.
Using a fluid coupling method, a torque converter is a mechanical device that conveys power. It is a part that serves as a connection between the engine and transmission, enabling the engine of a vehicle to spin separately from the transmission. It aids in the transmission of rotating power from a combustion engine to a rotating driven load. To isolate the engine from the load when the vehicle is stopped, the torque converter performs the same function as the clutch in manual transmissions. With the use of a torque converter, we can achieve different speeds with minimal mechanical effort and with ease.
The demand for torque converters has increased due to the increasing prevalence of automatic transmissions in contemporary vehicles. One of a torque converter’s most crucial properties is its ability to multiply torque in situations where there is a substantial difference between the input and output of the engine’s rotation. In order to enable the engine and transmission to spin independently, torque functions as a type of fluid coupling. A torque converter’s operational efficiency is something that manufacturers are working to increase, and recent advancements in automatic torque converter technology are driving the market forward.
The primary driver of the global demand for automatic torque converters is the expanding use of automotive clutches, particularly in passenger vehicles. For automobiles with automatic transmissions, torque converters are required. These systems enable vehicles to operate more safely and efficiently, provide a better driving experience, and are appropriate for stop-and-go traffic. Due to the aforementioned causes, there is a growing demand for automatic transmission systems, which is anticipated to favor the automatic torque converter market throughout the course of the projected period. Also, the increase in HEV and PHEV production and sales is anticipated to promote market expansion in the upcoming years.
ATTRIBUTE | DETAILS |
Study period | 2020-2029 |
Base year | 2021 |
Estimated year | 2022 |
Forecasted year | 2022-2029 |
Historical period | 2018-2020 |
Unit | Value (USD Billion), (Thousand Units). |
Segmentation | By Transmission Type, By Vehicle Type, By Hybrid Vehicle, By Region. |
By Transmission Type
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By Vehicle Type
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By Hybrid Vehicle
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By Region
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Although being reasonably priced and available, torque converters’ high replacement and repair costs in some ways limit the market for them. Overall repair expenses for these converters are higher due to labor and component prices. Also, the market expansion for automatic torque converters is hampered by the difficulty in procuring particular parts for replacement. This raises the price of repairs.
Manufacturers have the chance to create torque converters specifically for electric vehicles as the popularity of electric vehicles rises. Creating torque converters that are lighter and more effective can aid in enhancing the performance and range of electric vehicles. The market for automatic torque converters is expanding as a result of the rising demand for automatic gearboxes in both passenger automobiles and commercial vehicles. The demand for torque converters will rise as more cars come standard with automatic transmissions.
The automatic torque converter market, as well as the entire worldwide automated industry, has been significantly impacted by the COVID-19 pandemic. The pandemic disrupted supply chains and manufacturing processes, which reduced car production and sales, particularly those of those with automatic torque converters. When dealerships and production facilities were shut down or operated at reduced capacity, the lockdowns and travel restrictions imposed in a number of nations had a substantial impact on the automatic industry. Due to this, there was a decrease in the market for new cars, which in turn had an impact on the need for automatic torque converters.
Automatic Torque Convertor Market Segment Analysis
The automatic torque convertor market is segmented based on transmission type, vehicle type, and hybrid vehicle.
The automatic torque converter market is segmented into passenger cars and commercial vehicles based on the type of vehicle. The historical period saw the biggest percentage of torque converter sales in the passenger car segment, and it is projected that this dominance will continue in the upcoming years. The primary driver of this category’s market growth is the growing consumer desire for better driving experiences, comfort, and safety in passenger automobiles.
The automated torque converter market is divided into three segments based on transmission: continuously variable transmission (CVT), automatic transmission (AT), and dual-clutch transmission (DCT). The market share of these is anticipated to remain dominated by AT during the forecast. The CVT category is anticipated to have the market’s fastest growth, nevertheless, as a result of the growing popularity of CVTs in high-end automobiles in developing nations like China and India.
Hybrid electric cars (HEVs) and plug-in hybrid electric vehicles (PHEVs) make up the two main segments of the automatic torque converter market (PHEVs). Sales of PHEVs are anticipated to rise sharply in the near future due to growing environmental concerns and the implementation of stricter car pollution rules. Hence, PHEVs are anticipated to see the market’s quickest growth during the time of the forecast.
Automatic Torque Convertor Market Player
The automatic torque convertor market key players includes Aisin Seiki Co. Ltd., BorgWarner, Schaeffler Group, Valeo, Friedrichshafen, Transtar Industries Inc., Allison Transmission, EXEDY Corporation, Yutaka Giken Co. Ltd., and Sonnax Transmission Company, Inc.
22 July 2022: BluE Nexus Corporation, AISIN CORPORATION, and DENSO Corporation announced that they have jointly developed a new 1-motor hybrid transmission. This product is used for Toyota’s new Crown CROSSOVER RS, which released around the fall of the year.
03 August 2021: AISIN’s new products have been adopted in Toyota’s new Aqua, which was announced and released in July 2021.
Who Should Buy? Or Key Stakeholders
- Manufacturers
- Suppliers
- Distributors and retailers
- Automatic manufacturers
- Regulatory bodies
- Investors
- Others
Automatic Torque Convertor Market Regional Analysis
The automatic torque convertor market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
Asia Pacific held more than 45% of the automatic torque convertor market revenue share in 2021 and will witness expansion in the forecast period. The need for passenger automobiles in nations like China, India, and Japan has made the Asia-Pacific region the largest market for automated torque converters. Small and midsize cars, many of which have automatic transmissions and torque converters, are in high demand in the region. Also, there is a growing tendency towards the use of hybrid and electric cars, which is anticipated to increase the demand for automated torque converters in the area.
Automatic torque converter markets in North America and Europe are established, and automatic gearboxes are widely used in automobiles in these regions. High demand for luxury and premium automobiles, many of which include automatic torque converters, is a defining feature of these locations. A growing market for fuel-efficient cars is also encouraging the use of sophisticated automatic torque converters, which can increase a car’s fuel efficiency.
Key Market Segments: Automatic Torque Convertor Market
Automatic Torque Convertor Market By Transmission Type, 2020-2029, (USD Billion), (Thousand Units).
- Automatic Transmission
- Continuously Variable Transmission
- Dual-Clutch Transmission
Automatic Torque Convertor Market By Vehicle Type, 2020-2029, (USD Billion), (Thousand Units).
- Commercial Vehicles
- Passenger Vehicles
Automatic Torque Convertor Market By Hybrid Vehicle, 2020-2029, (USD Billion), (Thousand Units).
- Hybrid Electric Vehicles
- Plug-In Hybrid Electric Vehicles
Automatic Torque Convertor Market By Region, 2020-2029, (USD Billion), (Thousand Units).
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the automatic torque convertor market over the next 7 years?
- Who are the major players in the automatic torque convertor market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such As Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the automatic torque convertor market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the automatic torque convertor market?
- What is the current and forecasted size and growth rate of the global automatic torque convertor market?
- What are the key drivers of growth in the automatic torque convertor market?
- What are the distribution channels and supply chain dynamics in the automatic torque convertor market?
- What are the technological advancements and innovations in the automatic torque convertor market and their impact on vehicle type development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the automatic torque convertor market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the automatic torque convertor market?
- What are the products offerings and specifications of leading players in the market?
- What is the pricing trend of automatic torque convertor in the market and what is the impact of raw vehicle type prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL AUTOMATIC TORQUE CONVERTOR OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON AUTOMATIC TORQUE CONVERTOR MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL AUTOMATIC TORQUE CONVERTOR OUTLOOK
- GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION) (THOUSAND UNITS) 2020-2029
- AUTOMATIC TRANSMISSION
- CONTINUOUSLY VARIABLE TRANSMISSION
- DUAL-CLUTCH TRANSMISSION
- GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION) (THOUSAND UNITS) 2020-2029
- COMMERCIAL VEHICLES
- PASSENGER VEHICLES
- GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION) (THOUSAND UNITS) 2020-2029
- HYBRID ELECTRIC VEHICLES
- PLUG-IN HYBRID ELECTRIC VEHICLES
- GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY REGION (USD BILLION) (THOUSAND UNITS) 2020-2029
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES*
(BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- AISIN SEIKI CO. LTD.
- BORGWARNER
- SCHAEFFLER GROUP
- VALEO
- FRIEDRICHSHAFEN
- TRANSTAR INDUSTRIES INC.
- ALLISON TRANSMISSION
- EXEDY CORPORATION
- YUTAKA GIKEN CO. LTD.
- SONNAX TRANSMISSION COMPANY, INC.
*THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 2 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 3 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 4 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 5 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 6 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 7 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY REGION (USD BILLION), 2020-2029
TABLE 8 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY REGION (THOUSAND UNITS), 2020-2029
TABLE 9 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 10 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 11 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 12 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 13 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 14 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 15 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 16 NORTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 17 US AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 18 US AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 19 US AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 20 US AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 21 US AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 22 US AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 23 CANADA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (BILLION), 2020-2029
TABLE 24 CANADA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 25 CANADA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 26 CANADA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 27 CANADA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 28 CANADA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 29 MEXICO AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 30 MEXICO AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 31 MEXICO AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 32 MEXICO AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 33 MEXICO AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 34 MEXICO AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 35 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 36 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 37 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 38 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 39 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 40 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 41 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 42 SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 43 BRAZIL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 44 BRAZIL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 45 BRAZIL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 46 BRAZIL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 47 BRAZIL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 48 BRAZIL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 49 ARGENTINA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 50 ARGENTINA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 51 ARGENTINA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 52 ARGENTINA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 53 ARGENTINA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 54 ARGENTINA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 55 COLOMBIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 56 COLOMBIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 57 COLOMBIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 58 COLOMBIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 59 COLOMBIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 60 COLOMBIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 61 REST OF SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 62 REST OF SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 63 REST OF SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 64 REST OF SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 65 REST OF SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 66 REST OF SOUTH AMERICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 67 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 68 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 69 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 70 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 71 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 72 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 73 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 74 ASIA-PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 75 INDIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 76 INDIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 77 INDIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 78 INDIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 79 INDIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 80 INDIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 81 CHINA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 82 CHINA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 83 CHINA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 84 CHINA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 85 CHINA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 86 CHINA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 87 JAPAN AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 88 JAPAN AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 89 JAPAN AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 90 JAPAN AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 91 JAPAN AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 92 JAPAN AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 93 SOUTH KOREA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 94 SOUTH KOREA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 95 SOUTH KOREA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 96 SOUTH KOREA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 97 SOUTH KOREA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 98 SOUTH KOREA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 99 AUSTRALIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 100 AUSTRALIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 101 AUSTRALIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 102 AUSTRALIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 103 AUSTRALIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 104 AUSTRALIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 105 SOUTH EAST ASIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 106 SOUTH EAST ASIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 107 SOUTH EAST ASIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 108 SOUTH EAST ASIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 109 SOUTH EAST ASIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 110 SOUTH EAST ASIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 111 REST OF ASIA PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 112 REST OF ASIA PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 113 REST OF ASIA PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 114 REST OF ASIA PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 115 REST OF ASIA PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 116 REST OF ASIA PACIFIC AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 117 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 118 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 119 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 120 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 121 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 122 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 123 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 124 EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 125 GERMANY AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 126 GERMANY AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 127 GERMANY AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 128 GERMANY AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 129 GERMANY AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 130 GERMANY AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 131 UK AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 132 UK AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 133 UK AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 134 UK AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 135 UK AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 136 UK AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 137 FRANCE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 138 FRANCE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 139 FRANCE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 140 FRANCE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 141 FRANCE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 142 FRANCE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 143 ITALY AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 144 ITALY AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 145 ITALY AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 146 ITALY AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 147 ITALY AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 148 ITALY AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 149 SPAIN AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 150 SPAIN AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 151 SPAIN AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 152 SPAIN AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 153 SPAIN AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 154 SPAIN AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 155 RUSSIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 156 RUSSIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 157 RUSSIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 158 RUSSIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 159 RUSSIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 160 RUSSIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 161 REST OF EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 162 REST OF EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 163 REST OF EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 164 REST OF EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 165 REST OF EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 166 REST OF EUROPE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 167 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 168 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 169 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 170 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 171 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 172 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 173 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 174 MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY COUNTRY (THOUSAND UNITS), 2020-2029
TABLE 175 UAE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 176 UAE AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 177 UAE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 178 UAE AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 179 UAE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 180 UAE AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 181 SAUDI ARABIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 182 SAUDI ARABIA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 183 SAUDI ARABIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 184 SAUDI ARABIA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 185 SAUDI ARABIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 186 SAUDI ARABIA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 187 SOUTH AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 188 SOUTH AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 189 SOUTH AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 190 SOUTH AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 191 SOUTH AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 192 SOUTH AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
TABLE 193 REST OF MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (USD BILLION), 2020-2029
TABLE 194 REST OF MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE (THOUSAND UNITS), 2020-2029
TABLE 195 REST OF MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (USD BILLION), 2020-2029
TABLE 196 REST OF MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE (THOUSAND UNITS), 2020-2029
TABLE 197 REST OF MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (USD BILLION), 2020-2029
TABLE 198 REST OF MIDDLE EAST AND AFRICA AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE (THOUSAND UNITS), 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE, USD BILLION, 2020-2029
FIGURE 9 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE, USD BILLION, 2020-2029
FIGURE 10 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE, USD BILLION, 2020-2029
FIGURE 11 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 12 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY TRANSMISSION TYPE, USD BILLION, 2021
FIGURE 13 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY HYBRID VEHICLE, USD BILLION, 2021
FIGURE 14 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY VEHICLE TYPE, USD BILLION, 2021
FIGURE 15 GLOBAL AUTOMATIC TORQUE CONVERTOR MARKET BY REGION, USD BILLION, 2021
FIGURE 16 PORTER’S FIVE FORCES MODEL
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 AISIN SEIKI CO. LTD.: COMPANY SNAPSHOT
FIGURE 19 BORGWARNER: COMPANY SNAPSHOT
FIGURE 20 SCHAEFFLER GROUP: COMPANY SNAPSHOT
FIGURE 21 VALEO: COMPANY SNAPSHOT
FIGURE 22 FRIEDRICHSHAFEN: COMPANY SNAPSHOT
FIGURE 23 TRANSTAR INDUSTRIES INC.: COMPANY SNAPSHOT
FIGURE 24 ALLISON TRANSMISSION: COMPANY SNAPSHOT
FIGURE 25 EXEDY CORPORATION: COMPANY SNAPSHOT
FIGURE 26 YUTAKA GIKEN CO. LTD.: COMPANY SNAPSHOT
FIGURE 27 SONNAX TRANSMISSION COMPANY, INC.: COMPANY SNAPSHOT
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FAQ
The automatic torque convertor market is expected to grow at 4.28% CAGR from 2022 to 2029. It is expected to reach above USD 10.21 Billion by 2029 from USD 7.1 Billion in 2020.
Asia Pacific held more than 45% of the automatic torque convertor market revenue share in 2021 and will witness expansion in the forecast period.
The primary driver of the global demand for automatic torque converters is the expanding use of automatic transmission systems, particularly in passenger vehicles. For automobiles with automatic transmissions, torque converters are required. These systems enable vehicles to operate more safely and efficiently, provide a better driving experience, and are appropriate for stop-and-go traffic.
The automated torque converter market is divided into three segments based on transmission: continuously variable transmission (CVT), automatic transmission (AT), and dual-clutch transmission (DCT). The market share of these is anticipated to remain dominated by AT during the forecast. The CVT category is anticipated to have the market’s fastest growth, nevertheless, as a result of the growing popularity of CVTs in high-end automobiles in developing nations like China and India.
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