Torque Converter Market: 2018 Global Automotive Industry Analysis By Size, Share, Competitive Landscape, Statistics With Forecast To 2023

Torque Converter Market Research Report 2018 expands Global Torque Converter Market by Size, Share, Growth Drivers, Restraints, Key Players, and Upcoming Opportunities with Regional Outlook to 2023.  Report segments Torque Converter Market by by battery Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), and by Regions. Global market for global Torque Converter market is expected to witness significant growth between 2016 and 2023.

Torque Converter Market Companies Reviewed Are: Schaeffler (Germany), ZF Friedrichshafen (Germany), Aisin (Japan), Valeo S.A. (France), KAPEC (South Korea), Transtar (US),  EXEDY (Japan), Yutaka Giken (Japan), BorgWarner, Inc. (US),  and Sonnax Industries (US).

Torque Converter Global Market Highlights:

The market for torque converter systems is expected to grow with an increase in demand for automobile, majorly in the United States and the European region. There is an immense demand of commercial vehicles in United States. With the increase in demand of commercial vehicles there is an increase in demand for torque converter systems market. Additionally, with manufacturers increasingly integrating torque converters in medium-duty and heavy-duty trucks the torque converter market is expected to register high growth rate in this region. The growth of the European region is also driven by the presence of major auto manufacturers, which are mainly focusing on meeting the increasing demand for passenger and commercial vehicles. Owing to all these factors, the market is expected to witness rapid growth.

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With torque converters that can function under higher internal pressure and greater instantaneous force, ultimately enhancing the vehicles performance, the market is poised for rapid growth in the forecast period. Increasing demand for automatic vehicles and high end vehicles is also expected to significantly contribute in the growth of the market. The rising demand for driver assistance systems, along with the increased use of electronics in vehicles, will further augment the demand for torque converters.

Due to the presence of the most populous countries of the world such as China and India, the dominance of APAC becomes evident in the global Torque Converter systems market value. Aggressive growth in the Asian automotive market, is expected to boost the demand in the Torque Converter market in this region. The market has been experiencing rapid growth in the last two years owing to the rising sales of passenger cars, emerging economies, shifting of global players and technological advancements are giving a much needed thrust to the Torque Converter systems market.  Rampant rise in vehicle production in the Asia Pacific region, is also expected to be the major contributor in the growth of the torque converter market.

The report for Global Torque Converter Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents:

Executive Summary
Scope Of The Report
Market Definition
Scope Of The Study
Definition               
Research Objective
Assumptions
Limitations
Research Process
Primary Research
Secondary Research
Market Size Estimation
Forecast Model
3 Market Landscape
Porter’s Five Forces Analysis
Threat Of New Entrants
Bargaining Power Of Buyers
Threat Of Substitutes
Segment Rivalry
Bargaining Power Of Buyers
Value Chain/Supply Chain Analysis
Market Dynamics
Introduction
Market Drivers
Market Restraints
Market Opportunities
Market Trends
Continued…

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