Press release
Torque Converter Market Is Booming Worldwide | Schaeffler, Aisin, BorgWarner
Torque Converter Market
Torque Converter Market is estimated to increase at a growth rate of 5.3% CAGR over the forecast period from 2024 to 2030.
Key Players in This Report Include:
Schaeffler (Germany), ZF (Germany), Aisin (Japan), Valeo (France), BorgWarner (United States), EXEDY (Japan), Mercedes-Benz (Germany), Ford (United States), Toyota (Japan), Hyundai (South Korea)
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Torque Converter Market Overview in 2024
The torque converter is an extremely important and crucial component in an automatic transmission. It helps to handle conventional coupling by separating the engine and the transmission and then reconnecting it. Growth in the automotive industry in developing countries boosting the demand for torque converter in the forecasted period.
Market Segmentation and Scope:
by Application (Passenger Car , Commercial Vehicle), Transmission (Automatic Transmission (AT), Continuously Variable Transmission (CVT), Dual-Clutch Transmission (DCT)), Component (Clutch Plate, Damper, Impeller, Turbine, Stator)
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The report covers the competitive analysis of the market. The report identifies the most promising growth opportunities across the 6 regions and 24 countries. This section exclusively shares insight into the growth strategies of the largest market share holders helping key players and new entrants understand the investment potential in the Global Torque Converter Market. It can be better employed by both traditional and new players in the industry for complete know-how of the market.
Regional Analysis:
• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
• North America (United States, Mexico & Canada)
• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Furthermore, the years considered for the study are as follows:
Historical year - 2018-2023
Base year - 2023
Forecast period - 2024 to 2030
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Major Highlights of TOC:
Chapter 1: Overview of the Global Torque Converter Market in 2024
1.1 Torque Converter Industry Analysis
1.2 Key Companies and Product Profiles
1.3 Torque Converter Market Segments
1.4 Industry Value Chain Analysis
1.5 Market Dynamics- Trends, Drivers, and Opportunities
1.6 Pricing Analysis
1.7 Porter's Five Forces Analysis
1.8 SWOT Profile
1.9 Macro-Economic and Demographic Impact Analysis
1.10 Scenario Analysis
Chapter 2: Global Torque Converter Demand Forecasts
2.1 Overview of the Segment
2.2 Global Historic Torque Converter Market Size (2018-2023) by Types, Applications, and Other Segments
2.3 Global Forecast Torque Converter Market Size (2024-2030) by Types, Applications, and Other Segments
Chapter 3: Segment-wise Torque Converter Market Forecasts
3.1 Key Market Segments
3.2 Premium Insights- Largest Types, Applications and Segments
3.3 Premium Insights- Most Lucrative Types, Applications, and Segments
Chapter 4: Torque Converter Market Outlook by Country
4.1 Torque Converter Market by Regions
4.2 Torque Converter Market Revenue Share by Region
4.3 North America (US, Canada, Mexico)
4.4 Europe (Germany, UK, France, Spain, Italy, Russia, Others)
4.5 Asia Pacific (China, Japan, India, South Korea, Australia, South East Asia, Others)
4.6 Latin America (Brazil, Argentina, Chile, Others)
4.7 Middle East and Africa (Saudi Arabia, UAE, Qatar, South Africa, Nigeria, Egypt, Others)
Player Analysis in Chapter Five
5.1 Players' Market Share Analysis (2023)
5.2 Regional Market Concentration Rates
5.3 Business Profiles, SWOT Analysis, Financial Details, Product Portfolio of Companies
..........continued
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Thanks for reading this article; You can also get individual chapter-wise sections or region-wise report versions like North America, Middle East, Africa, Europe, MENA, LATAM, and Southeast Asia.
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