The torque converter market size was valued at USD 8.40 billion in 2024 and is expected to reach USD 12.61 billion by 2032, growing at a CAGR of 5.25% over the forecast period of 2025-2032.
The torque converter market is driving the growing adoption of automatic and CVT transmissions in passenger and commercial vehicles to provide smooth acceleration, improve fuel economy, and reduce driver fatigue. The market covers items including impellers, turbines, clutches, and dampers, where they play an important role in modern-day transmissions. Newer technology, however, such as lockup torque converters and multi-stage designs, is making greater performance and efficiency available than ever before. Torque converter market analysis intelligence, OEM and aftermarket segments gaining traction. With the widespread expansion of automotive production, the global torque converter market share is expected to retain steady growth, all the while proliferating in regions working towards automating vehicles.
“For instance in September 2024 Valeo announces a new a lock-up technology as part of its enhanced Torque Converter portfolio, offering higher performance, lower fuel consumption and CO₂ emissions and less jerkiness than conventional technologies, bringing Valeo one step closer to a complete global drivetrain solution.”
The U.S. torque converter market size was valued at USD 1.72 billion in 2024 and is expected to reach USD 3.57 billion by 2032, growing at a CAGR of 4.13% over the forecast period of 2025-2032.
The U.S. torque converter market is showing a continual expansion owing to the increasing inclination of the automotive industry toward automatic transmissions. Market growth is driven by the rising demand for fuel-efficient and high-performance drivetrains, coupled with a strong OEM and aftermarket presence. The domestic footprint of the market is further consolidated due to technological innovations, along with an increasing number of vehicles manufactured.
Drivers:
Rising Adoption of Automatic Transmissions in Passenger and Commercial Vehicles Drives the Automotive Torque Converter Market
The automotive torque converter market is driven due to the increased demand for automatic transmission vehicles among passenger and commercial segments. It is even more so because consumers are now demanding more comfort, smooth gear shifts, and better fuel efficiency, which torque converters are capable of delivering. Likewise, growing urbanization, a rise in disposable income and vehicle ownership, with increasing preference for automatic vehicles, especially in North America and Asia-Pacific, has also been propelling the demand. This has led to broad, high-volume integration of torque converter units across all classes of vehicles. We see this trend continuing, strengthening the hold of Torque Converter Companies in the changing landscape of drivetrain systems.
“In May 2024, Schaeffler announced its new TorCon 6L80 torque converter extends the coverage for GM six-speed transmissions and helps ensure aftermarket support and durability for light-duty trucks and SUVs throughout North America.”
Growing Demand for Eco-Friendly Products in Various Industries Boosts the Torque Converter Market Growth
With industries changing their ways into sustainability, vehicle makers are moving on to technologies for efficiency and emission reduction. With lock-ups and multi-stages, modern torque converters are capable of mitigating slippage and optimizing power for a major portion of the speed range, increasing fuel economy without sacrificing performance. This is in line with international emissions standards and regulatory objectives. Manufacturers are working to adopt such intelligent and complex systems to achieve green mobility objectives. The torque converter market growth benefits from innovations that uphold traditional principles of fluid dynamics while also integrating energy-saving features that respond to the desires of the eco-minded consumer and broader industry decarbonization goals.
Restraints:
Limited Availability of Skilled Technicians Impacts Maintenance and Repair in the Torque Converter Industry
The limited number of trained or skilled professionals who can diagnose, repair, and maintain modern torque converter systems is one of the major restraints for the torque converter industry. These are highly designed and heavily integrated with electronic/hydraulic components, which is why they require a fair amount of advanced technical knowledge. Lack of training and repair infrastructure may lead to improper servicing, numerous failures, and longer vehicle downtime. In consumer durable markets, these results lead to increased ownership costs and decreased consumer confidence, particularly where the service networks are underdeveloped, which results in a significant adverse torque converter market share impact in the aftermarket and service segments of this market.
By Transmission Type
The torque converter market, the automatic segment accounted for over 47.12% in 2024 owing to its extensive utilization across mid to high-end passenger vehicles and SUVs. Automatic gearboxes find preference due to their simplicity and predictable performance particularly in city driving conditions. With automatic systems still predominant in major automotive manufacturers, torque converters would continue to witness substantial demand. The torque converter market analysis found that the many benefits of such systems, including efficiency improvements and durability, are expected to strengthen their position in the market.
The CVT segment is anticipated to grow with the fastest CAGR of approximately 5.70%, throughout 2025–2032, due to a surge in the requirement for fuel-efficient drivetrains with smooth gear ratio transitions in hybrid and compact vehicles. Both of which correlate nicely to modern fuel economy standards by reducing power loss and providing better acceleration while having to use the engine at lower revolutions. The growing torque converter market trends of producing hybrid and small cars are a significant factor accelerating market growth, as Companies are facilitating with CVT-compatible torque converters to keep pace with the changing technology of transmission.
By Component
In 2024, the impeller segment accounted for the highest revenue share of the torque converter market, as the impeller plays a pivotal role in the torque as it is responsible for transporting the fluid as well as the torque, thereby contributing to the overwhelming revenue share. In all types of torque converters, however, impellers act as the primary driver of power, where these components are always in demand to allow for initial power transfer from the engine to the transmission. The increasing demand for high-performance vehicles, in turn, further fuels the incorporation of sophisticated impeller designs. Also, such a trend further raises the significance of this component in the automotive torque converter market.
The damper segment is projected to experience the highest CAGR over 2025–2032 due to its rising applications in vibration reduction and driving comfort for modern vehicles. With automakers increasingly targeting smoother and quieter cabins, dampers have served to better isolate vibrations from the powertrain. Hybrid vehicles especially tend to adopt it due to an abrupt shift between engine turns. Emphasis on better drivability and noise suppression is helping to develop new products within the Torque Converter Industry, thus driving demand for advanced dampers.
By Vehicle Type
The passenger vehicle segment had the largest share in the 2024 torque converter market, which is due to higher production volumes of passenger vehicles, high preference of consumers for passenger vehicles with automatic transmission. Torque converters are the key component in a wide range of applications, but passenger cars are the biggest users of comfort-oriented drivetrain technologies. Segment’s leadership is further cemented with increasing SUV and sedan demand, leveraging more sophisticated transmission systems. Such a superior presence indicates effective torque converter market analysis in urbanized and advanced economies.
The commercial vehicle segment is projected to grow at the highest CAGR during the forecast period of 2025–2032, owing to logistics and freight movement requiring robust and efficient automatic transmissions. To counteract the effects of driver fatigue or encourage better fuel economy in the transition from manual to automatic gear systems, commercial fleets are taking that step. Torque converter integration is also expanding in utility and delivery applications as investments ramp up in electric buses and light-duty trucks. Such a transition paves the way for an opportunity enabling fleet modernization programs, which in turn will help to drive the growth of the Torque Converter Industry.
By End-Use
The OEM segment accounted for the highest revenue share in the torque converter market in 2024, as the collaboration in assembly between automakers and component suppliers remains robust. Torque converter manufacturers focus on producing high-quality products to meet the demands of OEMs for efficiency, durability, and performance. Hence, improved standards of drivetrain and emissions lead to a surge in demand for torque converters. By way of continuous innovation, mass production, and model-wise transmission integration, this hybridization has afforded domination of the OEM suppliers in the market marketplace and further established and entrenched the strategic positioning of the OEM against Independent players as a general fluid coupling technology context.
The aftermarket segment is projected to grow at the fastest CAGR over 2025-2032, owing to the increasing aging global vehicle fleet, which will lead to a greater need for maintenance and replacement of transmissions. Increasing awareness of consumers regarding the effect of torque converter wellness on the overall performance of vehicles is further fueling the replacement of products. Independent repair shops and online retail channels increase product availability, and remanufactured components provide lower-cost options. These are the factors that are making the aftermarket an important segment for the growth of the torque converter market share.
The torque converter market was led by North America with around 42.56% revenue share in 2024, due to a strong automotive manufacturing base in the region, enhanced adoption of automatic transmissions, and vehicle technology including dual-clutch vehicles and variable transmission. The demand is driven by the presence of leading Companies and established OEM networks. The strong demand for SUVs and pickup trucks, a vehicle segment that employs most of the torque converters, also helps maintain market dominance.
Asia Pacific is anticipated to remain the fastest-growing regional market over the forecast period, registering a CAGR of 6.33% over 2025-2032. The growth of this market is driven by rapid urbanization along with rising disposable income and growing vehicle ownership in rapidly developing economies, such as China and India, which in turn increases the demand for the automotive battery market in this region. The rise of automatic and hybrid vehicles and government incentives for fuel-efficient modes of transport are rapidly driving torque converter adoption. Growing local production and targeted investments by global carmakers are boosting the regional talent pool. It also underlines the emerging landscape for the torque converter market, where Asia-Pacific is expected to play a significant role in its growth.
The European torque converter market is growing at a healthy rate due to increasing demand for automatic transmission and hybrid vehicles. The region is led by Germany based on its strong automotive manufacturing. So far, recent innovations include locking smaller torque converters, promoting performance and better fuel economy in both electric and plug-in hybrid drive systems.
The major players operating in the market are: Schaeffler, ZF Friedrichshafen, Aisin, BorgWarner, Valeo, Exedy Corporation, Jatco Ltd., Precision Industries, Sonnax Transmission Company, and Continental AG.
January 2023 - Aisin developed a compact, high-efficiency torque converter for hybrid vehicles, enhancing fuel economy and performance. This innovation supports next-generation electrified powertrains, advancing the global shift toward sustainable mobility solutions.
November 2024 - Jatco introduced its latest torque converter with enhanced lock-up clutch technology, improving fuel efficiency and drivability, reinforcing its leadership in advanced automatic transmission systems for global automotive markets.
| Report Attributes | Details |
|---|---|
| Market Size in 2024 | USD 8.40 Billion |
| Market Size by 2032 | USD 12.61 Billion |
| CAGR | CAGR of 5.25% From 2025 to 2032 |
| Base Year | 2024 |
| Forecast Period | 2025-2032 |
| Historical Data | 2021-2023 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Component (Clutch Plate, Damper, Impeller, Turbine, Others) • By Transmission Type (Automatic, CVT, DVT) • By Vehicle Type (Passenger Vehicle, Commercial Vehicle) • By End Use (Aftermarket, OEM) |
| Regional Analysis/Coverage | North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, Poland, Turkey, Rest of Europe), Asia Pacific (China, India, Japan, South Korea, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Schaeffler, ZF Friedrichshafen, Aisin, BorgWarner, Valeo, Exedy Corporation, Jatco Ltd., Precision Industries, Sonnax Transmission Company, Continental AG |
Ans: The torque converter market is expected to grow at a CAGR of 5.25% from 2024-2032.
Ans: The torque converter market size was USD 8.40 billion in 2024 and is expected to reach USD 12.61 billion by 2032.
Ans: The major growth factor of the torque converter market is the increasing adoption of automatic and CVT transmissions in passenger and commercial vehicles worldwide.
Ans: Automatic segment dominated the torque converter market.
Ans: The North America region dominated the torque converter market.
Table Of Content
1. Introduction
1.1 Market Definition
1.2 Scope (Inclusion and Exclusions)
1.3 Research Assumptions
2. Executive Summary
2.1 Market Overview
2.2 Regional Synopsis
2.3 Competitive Summary
3. Research Methodology
3.1 Top-Down Approach
3.2 Bottom-up Approach
3.3. Data Validation
3.4 Primary Interviews
4. Market Dynamics Impact Analysis
4.1 Market Driving Factors Analysis
4.1.1 Drivers
4.1.2 Restraints
4.1.3 Opportunities
4.1.4 Challenges
4.2 PESTLE Analysis
4.3 Porter’s Five Forces Model
5. Statistical Insights and Trends Reporting
5.1 Production Volume, by Region (2021–2024)
5.2 Technology Penetration, by Region
5.3 Export/Import Trends, by Region (2024)
5.4 Torque Converter Replacement Cycle
6. Competitive Landscape
6.1 List of Major Companies By Region
6.2 Market Share Analysis By Region
6.3 Product Benchmarking
6.3.1 Product specifications and features
6.3.2 Pricing
6.4 Strategic Initiatives
6.4.1 Marketing and promotional activities
6.4.2 Distribution and Supply Chain Strategies
6.4.3 Expansion plans and new product launches
6.4.4 Strategic partnerships and collaborations
6.5 Technological Advancements
6.6 Market Positioning and Branding
7. Torque Converter Market Segmentation By Component
7.1 Chapter Overview
7.2 Clutch plate
7.2.1 Clutch plate Market Trends Analysis (2021-2032)
7.2.2 Clutch plate Market Size Estimates and Forecasts to 2032 (USD Billion)
7.3 Damper
7.3.1 Damper Market Trends Analysis (2021-2032)
7.3.2 Damper Market Size Estimates and Forecasts to 2032 (USD Billion)
7.4 Impeller
7.4.1 Impeller Market Trends Analysis (2021-2032)
7.4.2 Impeller Market Size Estimates and Forecasts to 2032 (USD Billion)
7.5 Turbine
7.5.1 Turbine Market Trends Analysis (2021-2032)
7.5.2 Turbine Market Size Estimates and Forecasts to 2032 (USD Billion)
7.6 Others
7.6.1 Others Market Trends Analysis (2021-2032)
7.6.2 Others Market Size Estimates and Forecasts to 2032 (USD Billion)
8. Torque Converter Market Segmentation By Transmission Type
8.1 Chapter Overview
8.2 Automatic
8.2.1 Automatic Market Trends Analysis (2021-2032)
8.2.2 Automatic Market Size Estimates and Forecasts to 2032 (USD Billion)
8.3 CVT
8.3.1 CVT Market Trends Analysis (2021-2032)
8.3.2 CVT Market Size Estimates and Forecasts to 2032 (USD Billion)
8.4 DVT
8.4.1 DVT Market Trends Analysis (2021-2032)
8.4.2 DVT Market Size Estimates and Forecasts to 2032 (USD Billion)
9. Torque Converter Market Segmentation By Vehicle Type
9.1 Chapter Overview
9.2 Passenger Vehicle
9.2.1 Passenger Vehicle Market Trends Analysis (2021-2032)
9.2.2 Passenger Vehicle Market Size Estimates and Forecasts to 2032 (USD Billion)
9.3 Commercial Vehicle
9.3.1 Commercial Vehicle Market Trends Analysis (2021-2032)
9.3.2 Commercial Vehicle Market Size Estimates and Forecasts to 2032 (USD Billion)
10. Torque Converter Market Segmentation By End use
10.1 Chapter Overview
10.2 Aftermarket
10.2.1 Aftermarket Market Trends Analysis (2021-2032)
10.2.2 Aftermarket Market Size Estimates and Forecasts to 2032 (USD Billion)
10.3 OEM
10.3.1 OEM Market Trend Analysis (2021-2032)
10.3.2 OEM Market Size Estimates and Forecasts to 2032 (USD Billion)
11. Regional Analysis
11.1 Chapter Overview
11.2 North America
11.2.1 Trend Analysis
11.2.2 North America Torque Converter Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.2.3 North America Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.2.4 North America Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.2.5 North America Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.2.6 North America Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.2.7 USA
11.2.7.1 USA Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.2.7.2 USA Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.2.7.3 USA Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.2.7.4 USA Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.2.8 Canada
11.2.8.1 Canada Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.2.8.2 Canada Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.2.8.3 Canada Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.2.8.4 Canada Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.2.9 Mexico
11.2.9.1 Mexico Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.2.9.2 Mexico Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.2.9.3 Mexico Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.2.9.4 Mexico Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3 Europe
11.3.1 Trend Analysis
11.3.2 Europe Torque Converter Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.3.3 Europe Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.4 Europe Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.5 Europe Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.6 Europe Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.7 Germany
11.3.7.1 Germany Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.7.2 Germany Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.7.3 Germany Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.7.4 Germany Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.8 France
11.3.8.1 France Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.8.2 France Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.8.3 France Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.8.4 France Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.9 UK
11.3.9.1 UK Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.9.2 UK Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.9.3 UK Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.9.4 UK Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.10 Italy
11.3.10.1 ItalyTorque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.10.2 Italy Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.10.3 Italy Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.10.4 Italy Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.11 Spain
11.3.11.1 Spain Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.11.2 Spain Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.11.3 Spain Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.11.4 Spain Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.12 Poland
11.3.12.1 Poland Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.12.2 Poland Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.12.3 Poland Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.12.4 Poland Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.13 Turkey
11.3.13.1 Turkey Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.13.2 Turkey Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.13.3 Turkey Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.13.4 Turkey Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.3.14 Rest of Europe
11.3.14.1 Rest of Europe Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.3.14.2 Rest of Europe Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.3.14.3 Rest of Europe Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.3.14.4 Rest of Europe Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4 Asia Pacific
11.4.1 Trend Analysis
11.4.2 Asia Pacific Torque Converter Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.4.3 Asia Pacific Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.4 Asia Pacific Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.5 Asia Pacific Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.6 Asia Pacific Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.7 China
11.4.7.1 China Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.7.2 China Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.7.3 China Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.7.4 China Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.8 India
11.4.8.1 India Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.8.2 India Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.8.3 India Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.8.4 India Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.9 Japan
11.4.9.1 Japan Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.9.2 Japan Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.9.3 Japan Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.9.4 Japan Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.10 South Korea
11.4.10.1 South Korea Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.10.2 South Korea Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.10.3 South Korea Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.10.4 South Korea Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.11 Singapore
11.4.11.1 Singapore Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.11.2 Singapore Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.11.3 Singapore Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.11.4 Singapore Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.12 Australia
11.4.12.1 Australia Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.12.2 Australia Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.12.3 Australia Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.12.4 Australia Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.4.13 Rest of Asia Pacific
11.4.13.1 Rest of Asia Pacific Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.4.13.2 Rest of Asia Pacific Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.4.13.3 Rest of Asia Pacific Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.4.13.4 Rest of Asia Pacific Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.5 Middle East and Africa
11.5.1 Trend Analysis
11.5.2 Middle East and Africa Torque Converter Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.5.3 Middle East and Africa Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.5.4 Middle East and Africa Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.5.5 Middle East and Africa Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.5.6 Middle East and Africa Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.5.7 UAE
11.5.7.1 UAE Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.5.7.2 UAE Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.5.7.3 UAE Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.5.7.4 UAE Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.5.8 Saudi Arabia
11.5.8.1 Saudi Arabia Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.5.8.2 Saudi Arabia Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.5.8.3 Saudi Arabia Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.5.8.4 Saudi Arabia Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.5.9 Qatar
11.5.9.1 Qatar Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.5.9.2 Qatar Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.5.9.3 Qatar Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.5.1.9.4 Qatar Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.5.10 South Africa
11.5.10.1 South Africa Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.5.10.2 South Africa Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.5.10.3 South Africa Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.5.10.4 South Africa Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.5.11 Rest of Middle East & Africa
11.5.11.1 Rest of Middle East & Africa Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.5.11.2 Rest of Middle East & Africa Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.5.11.3 Rest of Middle East & Africa Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.5.11.4 Rest of Middle East & Africa Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.6 Latin America
11.6.1 Trend Analysis
11.6.2 Latin America Torque Converter Market Estimates and Forecasts by Country (2021-2032) (USD Billion)
11.6.3 Latin America Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.6.4 Latin America Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.6.5 Latin America Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.6.6 Latin America Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.6.7 Brazil
11.6.7.1 Brazil Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.6.7.2 Brazil Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.6.7.3 Brazil Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.6.7.4 Brazil Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.6.8 Argentina
11.6.8.1 Argentina Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.6.8.2 Argentina Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.6.8.3 Argentina Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.6.8.4 Argentina Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
11.6.9 Rest of Latin America
11.6.9.1 Rest of Latin America Torque Converter Market Estimates and Forecasts By Component (2021-2032) (USD Billion)
11.6.9.2 Rest of Latin America Torque Converter Market Estimates and Forecasts By Transmission Type (2021-2032) (USD Billion)
11.6.9.3 Rest of Latin America Torque Converter Market Estimates and Forecasts By Vehicle Type (2021-2032) (USD Billion)
11.6.9.4 Rest of Latin America Torque Converter Market Estimates and Forecasts By End use (2021-2032) (USD Billion)
12. Company Profiles
12.1 Schaeffler
12.1.1 Company Overview
12.1.2 Financial
12.1.3 Products/ Services Offered
12.1.4 SWOT Analysis
12.2 ZF Friedrichshafen
12.2.1 Company Overview
12.2.2 Financial
12.2.3 Products/ Services Offered
12.2.4 SWOT Analysis
12.3 Aisin
12.3.1 Company Overview
12.3.2 Financial
12.3.3 Products/ Services Offered
12.3.4 SWOT Analysis
12.4 BorgWarner
12.4.1 Company Overview
12.4.2 Financial
12.4.3 Products/ Services Offered
12.4.4 SWOT Analysis
12.5 Valeo
12.5.1 Company Overview
12.5.2 Financial
12.5.3 Products/ Services Offered
12.5.4 SWOT Analysis
12.6 Exedy Corporation
12.6.1 Company Overview
12.6.2 Financial
12.6.3 Products/ Services Offered
12.6.4 SWOT Analysis
12.7 Jatco Ltd.
12.7.1 Company Overview
12.7.2 Financial
12.7.3 Products/ Services Offered
12.7.4 SWOT Analysis
12.8 Precision Industries
12.8.1 Company Overview
12.8.2 Financial
12.8.3 Products/ Services Offered
12.8.4 SWOT Analysis
12.9 Sonnax Transmission Company
12.9.1 Company Overview
12.9.2 Financial
12.9.3 Products/ Services Offered
12.9.4 SWOT Analysis
12.10 Continental AG
12.10.1 Company Overview
12.10.2 Financial
12.10.3 Products/ Services Offered
12.10.4 SWOT Analysis
13. Use Cases and Best Practices
14. Conclusion
An accurate research report requires proper strategizing as well as implementation. There are multiple factors involved in the completion of good and accurate research report and selecting the best methodology to compete the research is the toughest part. Since the research reports we provide play a crucial role in any company’s decision-making process, therefore we at SNS Insider always believe that we should choose the best method which gives us results closer to reality. This allows us to reach at a stage wherein we can provide our clients best and accurate investment to output ratio.
Each report that we prepare takes a timeframe of 350-400 business hours for production. Starting from the selection of titles through a couple of in-depth brain storming session to the final QC process before uploading our titles on our website we dedicate around 350 working hours. The titles are selected based on their current market cap and the foreseen CAGR and growth.
The 5 steps process:
Step 1: Secondary Research:
Secondary Research or Desk Research is as the name suggests is a research process wherein, we collect data through the readily available information. In this process we use various paid and unpaid databases which our team has access to and gather data through the same. This includes examining of listed companies’ annual reports, Journals, SEC filling etc. Apart from this our team has access to various associations across the globe across different industries. Lastly, we have exchange relationships with various university as well as individual libraries.
Step 2: Primary Research
When we talk about primary research, it is a type of study in which the researchers collect relevant data samples directly, rather than relying on previously collected data. This type of research is focused on gaining content specific facts that can be sued to solve specific problems. Since the collected data is fresh and first hand therefore it makes the study more accurate and genuine.
We at SNS Insider have divided Primary Research into 2 parts.
Part 1 wherein we interview the KOLs of major players as well as the upcoming ones across various geographic regions. This allows us to have their view over the market scenario and acts as an important tool to come closer to the accurate market numbers. As many as 45 paid and unpaid primary interviews are taken from both the demand and supply side of the industry to make sure we land at an accurate judgement and analysis of the market.
This step involves the triangulation of data wherein our team analyses the interview transcripts, online survey responses and observation of on filed participants. The below mentioned chart should give a better understanding of the part 1 of the primary interview.
Part 2: In this part of primary research the data collected via secondary research and the part 1 of the primary research is validated with the interviews from individual consultants and subject matter experts.
Consultants are those set of people who have at least 12 years of experience and expertise within the industry whereas Subject Matter Experts are those with at least 15 years of experience behind their back within the same space. The data with the help of two main processes i.e., FGDs (Focused Group Discussions) and IDs (Individual Discussions). This gives us a 3rd party nonbiased primary view of the market scenario making it a more dependable one while collation of the data pointers.
Step 3: Data Bank Validation
Once all the information is collected via primary and secondary sources, we run that information for data validation. At our intelligence centre our research heads track a lot of information related to the market which includes the quarterly reports, the daily stock prices, and other relevant information. Our data bank server gets updated every fortnight and that is how the information which we collected using our primary and secondary information is revalidated in real time.
Step 4: QA/QC Process
After all the data collection and validation our team does a final level of quality check and quality assurance to get rid of any unwanted or undesired mistakes. This might include but not limited to getting rid of the any typos, duplication of numbers or missing of any important information. The people involved in this process include technical content writers, research heads and graphics people. Once this process is completed the title gets uploader on our platform for our clients to read it.
Step 5: Final QC/QA Process:
This is the last process and comes when the client has ordered the study. In this process a final QA/QC is done before the study is emailed to the client. Since we believe in giving our clients a good experience of our research studies, therefore, to make sure that we do not lack at our end in any way humanly possible we do a final round of quality check and then dispatch the study to the client.
Key Segments:
By Component
Clutch plate
Damper
Impeller
Turbine
Others
By Transmission Type
Automatic
CVT
DVT
By Vehicle Type
Passenger Vehicle
Commercial Vehicle
By End use
Aftermarket
OEM
Request for Segment Customization as per your Business Requirement: Segment Customization Request
Regional Coverage:
North America
US
Canada
Mexico
Europe
Germany
France
UK
Italy
Spain
Poland
Turkey
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Singapore
Australia
Rest of Asia Pacific
Middle East & Africa
UAE
Saudi Arabia
Qatar
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Request for Country Level Research Report: Country Level Customization Request
Available Customization
With the given market data, SNS Insider offers customization as per the company’s specific needs. The following customization options are available for the report:
Detailed Volume Analysis
Criss-Cross segment analysis (e.g. Product X Application)
Competitive Product Benchmarking
Geographic Analysis
Additional countries in any of the regions
Customized Data Representation
Detailed analysis and profiling of additional market players