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(CityRegions.Com, January 19, 2017 ) A torque converter allows a vehicle engine to spin independently of the transmission. When the engine turns slowly (for instance when the vehicle is idling at a traffic signal), the amount of torque passing through the torque converter to the transmission is small; however, it requires light pressure on the brake pedal. When the driver applies more pressure on the accelerator, the engine revs up and pumps more fluid into the torque converter. Thus, more torque is transmitted to the wheels.
Technavios analysts forecast the global automotive torque converter market to grow at a CAGR of 4.1% during the period 2016-2020.
Covered :
The report covers the present scenario and the growth prospects of the global automotive torque converter market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of automotive torque converters globally.
Segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Automotive Torque Converter Market 2016-2020, 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.
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Key vendors
Exedy
Schaeffler (LUK)
Yutaka
ZF
Other prominent vendors
Dynamic Manufacturing
Precision Torque Converters
Sonnax
Transtar
Key driver
Increased demand for automatic transmission vehicles
For a full, detailed list, view our report
Key challenge
Low market for vehicles with automatic transmission in EU
For a full, detailed list, view our report
Key trend
Technological advances in torque converters
For a full, detailed list, view our report
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