Press release
Torque Converter Market to 2027, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The global torque converter market is expected to reach USD 10.85 billion by 2027 and is expected to witness market growth at a rate of 4% during the forecast period from 2021 to 2027.The demand for hybrid electric vehicles is increasing, which will drive the torque converter market during the forecast period. In addition, in the automotive sector, there is an increasing demand for vehicles with automatic transmission systems with torque converters for fuel economy and ease of driving. It is also expected that in the coming years, small vehicles will adopt torque converters that will strengthen the torque converter market.
A full report of Torque Converter Market available at https://www.orionmarketreports.com/torque-converter-market/41136/
Torque Converter Market Segmentations
By Automatic Transmission Type
• AMT (Automated manual Transmission)
• DCT (Dual-Clutch Transmission)
• CVT (continuously variable transmission)
By Vehicle Type
• Passenger car
• HCV (Heavy Commercial vehicles)
• LCV (Low Commercial vehicles)
By End Users
• Original equipment manufacturer (OEM)
• Aftermarket
Company Profiles:
• ACC Performance
• Aisin Europe S.A.
• Dynamic Manufacturing
• EXEDY Corporation
• Precision Industries
• Schaeffler AG
• Transtar Industries Inc.
• Valeo
• Yutaka Giken Company Limited
• ZF Friedrichshafen AG
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Torque Converter Market.
• The market share of the Torque Converter Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Torque Converter Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Torque Converter Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Torque Converter Market Report
• What was the Torque Converter Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Torque Converter Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Torque Converter Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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