Global Hydraulic Torque Converters Supply, Demand and Key Producers, 2026-2032
Description
The global Hydraulic Torque Converters market size is expected to reach $ 2208 million by 2032, rising at a market growth of -1.6% CAGR during the forecast period (2026-2032).
In 2024, global hydraulic torque converter production reached approximately 27.16 million units, with an average global market price of around US$95.4 per unit. A hydraulic torque converter is a type of fluid coupling used to transfer rotating power from an engine to a driven load, typically in vehicles and industrial machinery. It allows the engine to spin somewhat independently of the transmission, enabling smooth acceleration and torque multiplication, especially at low speeds. The torque converter consists of three main components: the pump (or impeller), the turbine, and the stator. These components work together to transfer and amplify torque using transmission fluid. Hydraulic torque converters are essential in automatic transmissions, construction equipment, agricultural machinery, and marine applications, where smooth power delivery and variable torque output are required.
The global market for hydraulic torque converters is shaped by a combination of factors, including industrial automation, the growth of heavy machinery usage, and the ongoing development of the construction and agricultural sectors. These converters are vital in applications that demand variable torque transmission and smooth power transfer under changing load conditions. As industries such as mining, infrastructure development, and agriculture continue to grow—particularly in emerging economies—the demand for heavy-duty equipment equipped with hydraulic torque converters increases in parallel. Their durability and ability to handle high-load and low-speed operations make them a preferred choice in harsh working environments.
Technological advancements have also improved the performance and efficiency of torque converters. Innovations in materials, fluid dynamics, and electronic control integration have resulted in lighter, more responsive, and more energy-efficient designs. In the automotive sector, hydraulic torque converters remain integral to traditional automatic transmissions, especially in trucks, buses, and off-highway vehicles, although their role is being challenged by the rise of alternative transmission technologies such as dual-clutch systems and electric drivetrains.
In regions like Asia-Pacific, strong industrial activity and infrastructure investment are driving market growth. Meanwhile, in developed markets such as North America and Europe, demand is sustained by the need for high-performance construction machinery and modernized agricultural equipment. While the push for electrification and efficiency may gradually shift some applications away from traditional hydraulic systems, the robustness and proven reliability of hydraulic torque converters ensure their continued relevance in many sectors for the foreseeable future.
This report studies the global Hydraulic Torque Converters production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Hydraulic Torque Converters and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydraulic Torque Converters that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Hydraulic Torque Converters total production and demand, 2021-2032, (K Units)
Global Hydraulic Torque Converters total production value, 2021-2032, (USD Million)
Global Hydraulic Torque Converters production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Hydraulic Torque Converters consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Hydraulic Torque Converters domestic production, consumption, key domestic manufacturers and share
Global Hydraulic Torque Converters production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Hydraulic Torque Converters production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Hydraulic Torque Converters production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Hydraulic Torque Converters market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include EXEDY, ZF, Valeo Kapec, Yutaka Giken, Schaeffler, JATCO, Allison Transmission, Precision of New Hampton, Shaanxi Aerospace Power Hi-tech, Huayu Automotive Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hydraulic Torque Converters market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Hydraulic Torque Converters Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Hydraulic Torque Converters Market, Segmentation by Type:
Single-stage Torque Converter
Multi-stage Torque Converter
Global Hydraulic Torque Converters Market, Segmentation by Application:
Passenger Cars
Industrial and Engineering Vehicles
Commercial Vehicles
Others
Companies Profiled:
EXEDY
ZF
Valeo Kapec
Yutaka Giken
Schaeffler
JATCO
Allison Transmission
Precision of New Hampton
Shaanxi Aerospace Power Hi-tech
Huayu Automotive Systems
Chongqing Hongyu
Anhui Heli
Bengbu Huatai Hydraulic Convert Torque
Tieliu
Key Questions Answered:
1. How big is the global Hydraulic Torque Converters market?
2. What is the demand of the global Hydraulic Torque Converters market?
3. What is the year over year growth of the global Hydraulic Torque Converters market?
4. What is the production and production value of the global Hydraulic Torque Converters market?
5. Who are the key producers in the global Hydraulic Torque Converters market?
6. What are the growth factors driving the market demand?
In 2024, global hydraulic torque converter production reached approximately 27.16 million units, with an average global market price of around US$95.4 per unit. A hydraulic torque converter is a type of fluid coupling used to transfer rotating power from an engine to a driven load, typically in vehicles and industrial machinery. It allows the engine to spin somewhat independently of the transmission, enabling smooth acceleration and torque multiplication, especially at low speeds. The torque converter consists of three main components: the pump (or impeller), the turbine, and the stator. These components work together to transfer and amplify torque using transmission fluid. Hydraulic torque converters are essential in automatic transmissions, construction equipment, agricultural machinery, and marine applications, where smooth power delivery and variable torque output are required.
The global market for hydraulic torque converters is shaped by a combination of factors, including industrial automation, the growth of heavy machinery usage, and the ongoing development of the construction and agricultural sectors. These converters are vital in applications that demand variable torque transmission and smooth power transfer under changing load conditions. As industries such as mining, infrastructure development, and agriculture continue to grow—particularly in emerging economies—the demand for heavy-duty equipment equipped with hydraulic torque converters increases in parallel. Their durability and ability to handle high-load and low-speed operations make them a preferred choice in harsh working environments.
Technological advancements have also improved the performance and efficiency of torque converters. Innovations in materials, fluid dynamics, and electronic control integration have resulted in lighter, more responsive, and more energy-efficient designs. In the automotive sector, hydraulic torque converters remain integral to traditional automatic transmissions, especially in trucks, buses, and off-highway vehicles, although their role is being challenged by the rise of alternative transmission technologies such as dual-clutch systems and electric drivetrains.
In regions like Asia-Pacific, strong industrial activity and infrastructure investment are driving market growth. Meanwhile, in developed markets such as North America and Europe, demand is sustained by the need for high-performance construction machinery and modernized agricultural equipment. While the push for electrification and efficiency may gradually shift some applications away from traditional hydraulic systems, the robustness and proven reliability of hydraulic torque converters ensure their continued relevance in many sectors for the foreseeable future.
This report studies the global Hydraulic Torque Converters production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Hydraulic Torque Converters and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Hydraulic Torque Converters that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Hydraulic Torque Converters total production and demand, 2021-2032, (K Units)
Global Hydraulic Torque Converters total production value, 2021-2032, (USD Million)
Global Hydraulic Torque Converters production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Hydraulic Torque Converters consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Hydraulic Torque Converters domestic production, consumption, key domestic manufacturers and share
Global Hydraulic Torque Converters production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Hydraulic Torque Converters production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Hydraulic Torque Converters production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Hydraulic Torque Converters market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include EXEDY, ZF, Valeo Kapec, Yutaka Giken, Schaeffler, JATCO, Allison Transmission, Precision of New Hampton, Shaanxi Aerospace Power Hi-tech, Huayu Automotive Systems, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Hydraulic Torque Converters market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Hydraulic Torque Converters Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Hydraulic Torque Converters Market, Segmentation by Type:
Single-stage Torque Converter
Multi-stage Torque Converter
Global Hydraulic Torque Converters Market, Segmentation by Application:
Passenger Cars
Industrial and Engineering Vehicles
Commercial Vehicles
Others
Companies Profiled:
EXEDY
ZF
Valeo Kapec
Yutaka Giken
Schaeffler
JATCO
Allison Transmission
Precision of New Hampton
Shaanxi Aerospace Power Hi-tech
Huayu Automotive Systems
Chongqing Hongyu
Anhui Heli
Bengbu Huatai Hydraulic Convert Torque
Tieliu
Key Questions Answered:
1. How big is the global Hydraulic Torque Converters market?
2. What is the demand of the global Hydraulic Torque Converters market?
3. What is the year over year growth of the global Hydraulic Torque Converters market?
4. What is the production and production value of the global Hydraulic Torque Converters market?
5. Who are the key producers in the global Hydraulic Torque Converters market?
6. What are the growth factors driving the market demand?
Table of Contents
126 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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