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Global Torque Converter Market Is Expected To Reach USD 9.9 Billion By 2025 | Ford Motor, Hyundai, Nissan, BMW

02-07-2020 08:15 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DatabridgeMarketResearch

Research Methodology: Global Torque Converter Market 2018 to 2025

Research Methodology: Global Torque Converter Market 2018 to 2025

A new business intelligence report released by Data Bridge Market Research with title Global Torque Converter Market are taken from trustworthy sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. Market research report is always helpful to business or organization in every subject of trade for taking better decisions, solving the toughest business questions and minimizing the risk of failure.

Some of the key players profiled in the study are EXEDY Corporation (Japan), Transtar Industries (Walton Hills), BorgWarner Inc. (U.S.), Sonnax Transmission Company, Inc. (Vermont), Volkswagen Group (Germany), Mercedes-Benz (Germany), Ford (U S ), Hyundai (South Korea), Toyota (Japan), and TATA (India), Automotive Component Manufacturers Association of India (ACMA), Japan Automotive Manufacturers Association (JAMA), European Automobile Manufacturers' Association (ACEA), Dynamic Manufacturing (Germany), Precision Industries (Australia), ACC Performance Products Plus (U.S.), Stewart & Stevenson (U.S.).

The Global Torque Converter Market is expected to reach USD 9.9 billion by 2025, from USD 6.4 billion in 2017 growing at a CAGR of 3.6% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic year is 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Request Sample Copy of the Report @ https://www.databridgemarketresearch.com/request-a-sample?dbmr=global-torque-converter-market&skp

The torque converter allows the motor vehicle to meet various gear ratios without using a conventional gear box. It splits the engine and transmission which allows the engine to work independently. Use of the torque converter removes the clutch and achieves better ride value by eliminating the need to use the clutch pedal. There are four components in the torque converter which are transmission fluid pump, turbine and stator. The key feature of the torque converter is its ability to multiply torque that lies in the capacity of the stator. The torque converter runs quietly and helps to achieve fuel efficiency as the gear lag is reduced due to the lack of manual gear changing. It requires low maintenance and less efficiency to refill the transmission fluid as it is a sealed unit. The procedure of torque converter expands fuel combustion by attaining optimal torque ratios. The market for automobile is expected to expand due to increase in demand for fuel-saving technologies.

Moreover, the torque converter market for automotive is estimated to increase because of the rise in consumer demand for better ride handling and comfort. According to India Times, sales of AT cars increased by 66% from 2014 to 2015. Hence, with the increasing advancements, the torque converter market is expected to grow.

Data Bridge marketing research presents an in depth picture of the market by way of study, synthesis, and summation of knowledge from multiple sources. The info thus presented is comprehensive, reliable, and therefore the results of extensive research, both primary and secondary. The analysts have presented the varied facets of the market with a specific specialize in identifying the key industry influences. The overviews, SWOT analysis and methods of every vendor within the market provide understanding about the economic process and the way those are often exploited to make future opportunities.

Unlock new opportunities in Global Torque Converter Market the newest release from Data Bridge marketing research highlights the key market trends significant to the expansion prospects, allow us to know if any specific players or list of players must consider gaining better insights.

Revealing the Competitive scenario

In today's competitive world you would like to think one step ahead to chase your competitors, our research offers reviews about key players, major collaborations, merger & acquisitions along side trending innovation and business policies to present better insights to drive the business into right direction

Market Drivers:

Demand for increasing sale of hybrid electric vehicles.
Demand for increasing automatics.
Market Restraint:

High cost for repairing
Less availability of components
Rapid Business Growth Factors

In addition, the market is growing at a quick pace and therefore the report shows us that there are a few of key factors behind that. the foremost important factor that's helping the market grow faster than usual is that the tough competition

Segmentation: Global Torque Converter Market

Global Torque Converter Market is segmented into six notable segments which are type, colour, product type, packaging, body type and distribution channel.

On the basis of Transmission Type, Automatic Transmission, Continuously Variable Transmission, Dual-Clutch Transmission, Others.
On the basis of Component, Clutch Plate, Damper, Impeller, Stator, Turbine.
On the basis of Vehicle Type Passenger Car, Commercial Vehicle
On the basis of Geography, North America, South America, Europe, Asia-Pacific, Middle East and Africa.
Table of Contents: Global Torque Converter Market

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview and Industry Trends

6 Market, By Type

7 Market, By Organization Size

8 Market Analysis, By Region

9 Competitive Landscape

10 Company Profiles

And More.....Get Detailed TOC @ https://www.databridgemarketresearch.com/toc?dbmr=global-torque-converter-market&skp

Key Market Competitors: Global Torque Converter Market

The key players operating in the global torque converter market are -

Schaeffler AG
ZF Friedrichshafen AG
AISIN SEIKI Co., Ltd.
Valeo
Yutaka Giken Company Limited
What are the major market growth drivers?

Rapid increase in scope and usage of within the globe with high acceptance ratio in the market

Automation with artificial intelligence helps in better customer experience and to grow in systematic manner

Minimizing the human work and error with optimum utilization of resources to earn greater efficiency of business enterprise in the market

Research strategies and tools used of Global Torque Converter Market:

This Intelligent Process Automation market research report helps the readers to know about the overall market scenario, strategy to further decide on this market project. It utilizes SWOT analysis, Porter's Five Forces Analysis and PEST analysis.

Key Points of this Report:

The depth industry chain include analysis value chain analysis, porter five forces model analysis and cost structure analysis

The report covers North America and country-wise market of Global Torque Converter Market

It describes present situation, historical background and future forecast

Comprehensive data showing Intelligent Process Automation capacities, production, consumption, trade statistics, and prices in the recent years are provided

The report indicates a wealth of information on Global Torque Converter Market manufacturer

Global Torque Converter Market forecast for next five years, including market volumes and prices is also provided

Raw Material Supply and Downstream Consumer Information is also included

Any other user's requirements which is feasible for us

Some of the major objectives of this report:

1.To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Market.

2.To provide insights about factors affecting the market growth. To analyze the Market based on various factors- price analysis, supply chain analysis, porter five force analysis etc.

3.To provide historical and forecast revenue of the Market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, and Rest of the World.

4.Country level analysis of the market with respect to the current market size and future prospective.

5.To provide country level analysis of the market for segment by application, product type and sub-segments.

6.To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.

7.Track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Market

Get Enquiry About This Comprehensive Report @: https://www.databridgemarketresearch.com/inquire-before-buying?dbmr=global-torque-converter-market&skp

How will the report help new companies to plan their investments in the Global Torque Converter Market?

The market research report classifies the competitive spectrum of this industry in elaborate detail. The study claims that the competitive reach spans the companies

The report also mentions about the details such as the overall remuneration, product sales figures, pricing trends, gross margins, etc.

Information about the sales & distribution area alongside the details of the company, such as company overview, buyer portfolio, product specifications, etc., are provided in the study.

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Contact:

Data Bridge Market Research
US: +1 888 387 2818
UK: +44 208 089 1725
Hong Kong: +852 8192 7475
Email: Corporatesales@databridgemarketresearch.com

Data Bridge is an aftermath of sheer wisdom and experience which was formulated and framed in the year 2015 in Pune. We ponder into the heterogeneous markets in accord with our clients needs and scoop out the best possible solutions and detailed information about the market trends. Data Bridge delve into the markets across Asia, North America, South America, Africa to name few.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.

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