This report studies the global Automotive Torque Converter industry status, China market entry and growth opportunity, focuses on the Chinese local and International manufacturers, analyzes the China market competition landscape, market size (value and volume), opportunity and challenge, risk and entry barriers.
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.
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The Global production of the Automotive Torque Converter is about 34 M Units in 2016. The production region is relative concentrated. The main manufacture region is concentrated in the North America, Japan&Korea and China. China is the largest production country.
The main consumption regions are concentrated in the Japan & Korea, China and North American. The Automotive Torque Converter’s consumption has great relationship with the local economical developed level and automotive type, the production of AT and CVT has great relationship with the consumption of torque converter.
The import and export volume is relative small, China has very large export ratio. Currently, the Automotive Torque Converter has a certain degree of anti-dumping phenomenon.
The global Automotive Torque Converter market is valued at 540 million USD in 2017 and is expected to reach 540 million USD by the end of 2025, growing at a CAGR of 0.2% between 2018 and 2025.
This research report categorizes the China and global Automotive Torque Converter market by type, end-use industry, and region.
International Manufacturers Covered
- Yutaka Giken
- Aerospace Power
- Punch Powertrain
- Allison Transmission
- Precision of New Hampton
China Local Manufacturers Covered
- Single-stage Torque Converter
- Multistage Torque Converter
- Automatic Transmission (AT)
- Continuously Variable Transmission (CVT)
- Other Transmission
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- United States