Market Research Logo

Global Automotive Torque Converter Market 2017-2021

Global Automotive Torque Converter Market 2017-2021

About Automotive Torque Converter

The torque converter is a modified fluid coupler/hydraulic coupler, like a clutch, that is placed between the engine and the transmission, which changes the mechanical torque. It helps in multiplying the torque at low speeds or during the periods of high engine loads. It also absorbs the torsional vibrations of the engine. A torque converter is usually placed between the flexplate and the transmission. It allows the transmission to be separated from the engine, which means there is no physical contact between the engine and the transmission.

Technavio’s analysts forecast the global automotive torque converter market to grow at a CAGR of 4.54% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive torque converter market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Torque Converter Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BorgWarner
  • EXEDY
  • Schaeffler
  • Yutaka Giken
  • ZF Friedrichshafen
Other prominent vendors
  • Dynamic Manufacturing
  • Sonnax Industries
  • Transtar Industries
Market driver
  • Rise in the demand for automatic transmission systems
  • For a full, detailed list, view our report
Market challenge
  • High replacement and repair costs of torque converters
  • For a full, detailed list, view our report
Market trend
  • Technological advances in torque converters
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Technavio Announces the Publication of its Research Report – Global Automotive Torque Converter Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive torque converter market: BorgWarner, EXEDY, Schaeffler, Yutaka Giken, and ZF Friedrichshafen.

Other Prominent Vendors in the market are: Dynamic Manufacturing, Sonnax Industries, and Transtar Industries.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is technological advances in torque converters. Manufacturers are working to optimize torque converters so that torque converters can enhance the vehicle operating efficiency. Some of the trends noticed in torque converter advances include the reduction in size and weight, a greater lockup range, and advanced manufacturing processes such as automated manufacturing.”

According to the report, one driver in the market is rise in the demand for automatic transmission systems. Automatic transmission systems are gaining momentum because they are more efficient than the other transmission systems. Also, the increase in the demand for more comfort and safety is driving the technological shift from the manual transmission to the automatic transmission, globally. Automatic transmission systems are usually more safe and comfortable than manual transmission systems, and they are more economical and resource-friendly. Also, these systems offer a better driving experience. Automatic transmissions come very handy in stop-and-go traffic as the driver has no longer to operate the clutch, which is very comfortable for the driver.

Further, the report states that one challenge in the market is high replacement and repair costs of torque converters. Torque converter replacements and repairs are associated with the high component and labor costs. Torque converters are generally inexpensive, but since the labor is extensive and takes time, it costs more for replacing or repairing the torque converter. To get the job done, depending on the design, either the engine or the transmission (or both) needs to be completely removed from the vehicle. The job of repairing and replacing the torque converter is cheaper for rear-wheel-drive automatic transmission vehicles than for front-wheel-drive or four-wheel drive automatic transmission vehicles.

Companies Mentioned

BorgWarner, EXEDY, Schaeffler, Yutaka Giken, ZF Friedrichshafen, Dynamic Manufacturing, Sonnax Industries, and Transtar Industries.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Key components of an automotive torque converter
      • Table Sectional view of a torque converter
  • Market landscape
    • Market overview
      • Table Global automotive torque converter market: Overview
    • Market size and forecast
      • Table Global automotive torque converter market 2016-2021 (million units)
    • Market dynamics
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by vehicle type
    • Global automotive torque converter market by vehicle type
      • Table Global automotive torque converter market by vehicle type 2016 and 2021
      • Table Global automotive torque converter market by vehicle type 2016-2021 (million units)
    • Global automotive torque converter market by passenger vehicles
      • Table Global automotive torque converter market by passenger vehicles 2016-2021 (million units)
    • Global automotive torque converter market by commercial vehicles
      • Table Global automotive torque converter market by commercial vehicles 2016-2021 (million units)
  • Geographical segmentation
    • Global automotive torque converter market by geography
      • Table Global automotive torque converter market by geography 2016 and 2021
      • Table Global automotive torque converter market 2016-2021 (million units)
    • Automotive torque converter market in APAC
      • Table Automotive torque converter market in APAC 2016-2021 (million units)
    • Automotive torque converter market in Americas
      • Table Automotive torque converter market in the Americas 2016-2021 (million units)
    • Automotive torque converter market in EMEA
      • Table Automotive torque converter market in EMEA (million units)
  • Key leading countries
    • Table Key leading countries
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
  • Vendor landscape
    • Competitive Scenario
    • Other prominent vendors
  • Key vendor analysis
    • BorgWarner
      • Table BorgWarner: Product segmentation
    • EXEDY
      • Table EXEDY: Product segmentation
    • Schaeffler
      • Table Schaeffler: Product segmentation
    • Yutaka Giken
      • Table Yutaka Giken: Product segmentation
    • ZF Friedrichshafen
      • Table ZF Friedrichshafen: Product segmentation
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report