Global AT Automotive Torque Converter Market Growth 2023-2029

Global AT Automotive Torque Converter Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “AT Automotive Torque Converter Industry Forecast” looks at past sales and reviews total world AT Automotive Torque Converter sales in 2022, providing a comprehensive analysis by region and market sector of projected AT Automotive Torque Converter sales for 2023 through 2029. With AT Automotive Torque Converter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world AT Automotive Torque Converter industry.

This Insight Report provides a comprehensive analysis of the global AT Automotive Torque Converter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on AT Automotive Torque Converter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global AT Automotive Torque Converter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for AT Automotive Torque Converter and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global AT Automotive Torque Converter.

The global AT Automotive Torque Converter market size is projected to grow from US$ 3705.2 million in 2022 to US$ 4187.5 million in 2029; it is expected to grow at a CAGR of 4187.5 from 2023 to 2029.

EXEDY, Kapec, Aisin, ZF and Yutaka Giken are the leaders of the AT Automotive Torque Converter industry, which take about 65% market share. North America is the major region of the global market, which takes about 45% market share.

This report presents a comprehensive overview, market shares, and growth opportunities of AT Automotive Torque Converter market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Single-stage Torque Converter
Multistage Torque Converter

Segmentation by application
4AT Gearbox
6AT Gearbox
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
EXEDY
Kapec
Aisin
ZF
Yutaka Giken
Schaeffler
Valeo
Allison Transmission
Precision of New Hampton
Aerospace Power
Hongyu

Key Questions Addressed in this Report

What is the 10-year outlook for the global AT Automotive Torque Converter market?

What factors are driving AT Automotive Torque Converter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do AT Automotive Torque Converter market opportunities vary by end market size?

How does AT Automotive Torque Converter break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.