Global Automotive Torque Converter Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Automotive torque converter is a fluid coupling that functions as a means of transferring power from the engine to the transmission.
An automotive torque converter is comprised of an impeller, turbine, stator, and front cover, these parts work in conjunction with one another to transfer power from the engine to the transmission by swirling fluid around. The impeller, which is sometimes referred to as the pump, is welded to the front cover, is not physically connected to the turbine, which drives the input shaft on the transmission. The front cover is bolted to the flex plate, and as it rotates the impeller, the increasing velocity of the transmission fluid transmits power to the turbine and transmission input shaft.
According to our (Global Info Research) latest study, the global Automotive Torque Converter market size was valued at USD 557.3 million in 2022 and is forecast to a readjusted size of USD 697.3 million by 2029 with a CAGR of 3.3% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Automotive Torque Converter key players include EXEDY, Yutaka Giken, Kapec, ZF, Valeo, etc. 
North America is the largest market, with a share about 35%, followed by China, and Japan, both have a share over 45 percent. 
In terms of product, Single-stage is the largest segment, with a share over 95%. And in terms of application, the largest application is AT, followed by CVT, etc.
This report is a detailed and comprehensive analysis for global Automotive Torque Converter market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Automotive Torque Converter market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Torque Converter market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Torque Converter market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Automotive Torque Converter market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Automotive Torque Converter
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Automotive Torque Converter 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, Yutaka Giken, Kapec, ZF and Valeo, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Automotive Torque Converter market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
    Single-Stage Torque Converter
    Multistage Torque Converter
Market segment by Application
    Automatic Transmission (AT)
    Continuously Variable Transmission (CVT)
    Others
Major players covered
    EXEDY
    Yutaka Giken
    Kapec
    ZF
    Valeo
    Schaeffler
    Aerospace Power
    Punch Powertrain
    Allison Transmission
    Precision of New Hampton
    Hongyu.
Market segment by region, regional analysis covers
    North America (United States, Canada and Mexico)
    Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
    Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
    South America (Brazil, Argentina, Colombia, and Rest of South America)
    Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Automotive Torque Converter product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Automotive Torque Converter, with price, sales, revenue and global market share of Automotive Torque Converter from 2018 to 2023.
Chapter 3, the Automotive Torque Converter competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Automotive Torque Converter breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Automotive Torque Converter market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Automotive Torque Converter.
Chapter 14 and 15, to describe Automotive Torque Converter sales channel, distributors, customers, research findings and conclusion.