Automotive Torque Converter Market

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MarketsandMarkets Presents
Torque Converter Market worth
9.88 Billion USD by 2025

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Torque Converter Market by Transmission Type
(AT, CVT, and DCT), Component (Clutch Plate,
Damper, Impeller, Turbine, and Stator), Vehicle
(Passenger Car and Commercial Vehicle), Hybrid
Vehicle (HEV and PHEV), Aftermarket, and Region -
Global Forecast to 2025", The torque converter
market is projected to grow at a CAGR of 5.78
from 2017 and is expected to reach USD 9.88
Billion by 2025. The torque converter market is
driven by the increasing sale of automatics, the
increasing demand for Continuously Variable
Transmission (CVT) and the rising demand for
luxury vehicles. https//www.marketsandmarkets.co
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Figures spread through 140 Pages and in-depth TOC
on "Torque Converter Market - Global Forecast to
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The torque converter market is driven by the high
penetration of Automatic Transmission (AT) in
mid- and premium segment cars. Also, the
increasing penetration of Continuously Variable
Transmission (CVT) in mid-level vehicles is
expected to drive the torque converter market in
developing countries. The increasing demand for
luxury, comfort, and convenience is driving
technological advancements in the torque
converter market. The torque converter market is
estimated to be at USD 5.90 Billion in 2016 and
is projected to reach USD 9.88 BBillion by 2025,
at a CAGR of 5.78 during the forecast
period. Target Audiencegtgt Torque converter
manufacturers Torque converter components
manufacturers Aftermarket torque converter
service providers Original Equipment
Manufacturers (OEM) Service providers for
in-vehicle infotainment System integrators Speak
to Analystgtgt https//www.marketsandmarkets.com/spe
aktoanalyst.asp?id11286289

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• Scope of the Reportgtgt
• By Transmission Type
• AT
• CVT
• DCT
• By Component
• Clutch plate
• Damper
• Impeller
• Stator
• Turbine
• Others
• By Vehicle Type
• Passenger Car
• Commercial Vehicle
• By Hybrid Vehicle
• Hybrid Electric Vehicle (HEV)
• Plug- In Hybrid Electric Vehicle (PHEV)

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converter-market-11286289.html
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