Automatic Torque Convertor Market is set to witness a Huge Growth with a USD 10.21 billion at a CAGR of 4.28%, During the Forecast Period 2029

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.

Exactitude Consultancy research's "Automatic Torque Convertor Market Forecast" study report focuses at sales and the overall global market for Automatic Torque Convertor in 2022. The sales forecast for Automatic Torque Convertor by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automatic Torque Convertor market, with sales of Automatic Torque Convertor broken down by region, market sector, and sub-sector, in US$ million.

Based on market dynamics and development-promoting variables, the Automatic Torque Convertor Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.

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Automatic Transmissions Are Getting More Popular in Commercial Vehicles

Fully automatic commercial cars now have the same fuel efficiency as manual commercial trucks thanks to technological advancements. As the user does not have to often change gears, the automated gearbox prevents user fatigue. The convenience of driving, particularly in congested areas, is increasing demand for automatic transmissions. Numerous significant automakers have been concentrating on technology to enhance automatic transmission in commercial vehicles throughout the years.

competitive analysis

The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automatic Torque Convertor market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.

Major companies in Automatic Torque Convertor Market are:

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.

Industry News:

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.

Automatic Torque Convertor Market Segmentation:

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.

Our market analysts are professionals at carefully categorizing the global Automatic Torque Convertor market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Automatic Torque Convertor market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.

This report also splits the market by region:

The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe. Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.

The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.

Strategic Points Covered in Table of Content of Global Automatic Torque Convertor Market:

Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automatic Torque Convertor market
Chapter 2: Exclusive Summary - the basic information of the Automatic Torque Convertor Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automatic Torque Convertor
Chapter 4: Presenting the Automatic Torque Convertor Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automatic Torque Convertor market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

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