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Torque Converter Market by Transmission Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), Hybrid Vehicle (HEV and PHEV), Aftermarket, and Region - Global Forecast to 2025

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Date: 17-Nov-2017
No. of pages: 140
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“Increased demand for automatics to drive the torque converter industry”

The torque converter market, by value, is projected to grow at a CAGR of 5.78% from 2017 to 2025, to reach USD 9.88 billion by 2025. The key factors driving the market growth include the increasing demand for automatics in mid-segment and premium segment vehicles. The rapid growth of the hybrid vehicles market is also expected to boost the demand for torque converters as these vehicles have a higher penetration of Automatic Transmission (AT) and torque converters are mandatory in vehicles with AT.

On the other hand, the major factors hindering the market growth of torque converters are the high cost of repairs and low availability of spare parts.

“Passenger cars to witness the fastest growth during the forecast period”

The market for passenger cars is projected to grow at the highest CAGR, in terms of value, during the forecast period. The increasing demand for premium segment automatics is expected to drive the demand for torque converters in passenger vehicles. China accounts for 30% of the global vehicle production according to OICA. Thus, the increasing demand for passenger cars in Asia Oceania is projected to drive the market for torque converters.

“CVT is expected to be the fastest growing market segment in the torque converter market”

Torque converters provide a better launch in Continuously Variable Transmission (CVT) vehicles which solves a major problem of CVT vehicles. With the increasing demand for premium segment CVT vehicles in Asia Oceania, the demand for torque converters used in CVT vehicles is expected tooutpace the demand for torque converters used in AT and Dual-Clutch Transmission (DCT) vehicles. As a result, the CVT torque converters market is estimated to be the fastest growing market, by transmission.

"North America to dominate the aftermarket growth”

North America is estimated to see the fastest growth of the torque converteraftermarket,in terms of value. This growth is primarily driven by the huge vehicle parc of AT vehicles in the US.In the US,AT vehicles were adopted in the 1960s; this has led to them having the largest share of the North American market by transmission type. As torque converters are necessary for these vehicles, the aftermarket in this region is expected to grow faster compared to other regions.

The study contains insights provided by various industry experts. The break-up of the primaries is as follows:


  • By Company Type: Tier1—35%, Tier 2—45%, and OEM—20%

  • By Designation: C level—35%, Dlevel—25%, and Others—40%

  • By Region: North America—45%, Europe—20%, AsiaOceania—30%, and RoW—5%


The key players in the torque converter market are profiled in the study. These are Schaeffler (Germany), ZF (Germany), Aisin (Japan),Valeo (France), KAPEC (South Korea), Transtar(US),  EXEDY (Japan), Yutaka Giken(Japan), BorgWarner (US),and Sonnax Industries (US).

Research Coverage

The torque converter market is segmented by component (clutch plate, damper, impeller, stator, turbine, and others), transmission type (AT, CVT, and DCT), vehicle type (passenger car and commercial vehicle), hybrid vehicle (HEV and PHEV), region (Asia Oceania, Europe, North America, and RoW) and aftermarket by region (Asia Oceania, Europe, North America, and RoW).

Reasons to Buy the Report:

The report provides insights concerning the following points:


  • Market Development: The report offers comprehensive information about lucrative emerging markets. The report analyzes the markets for torque converters across regions.

  • Market Diversification: The report gives detailed information about untapped markets, investments, new products, and recent developments in the global torque converter market.

  • Product Development/Innovation: The report provides detailed insights into R&D activities, upcoming technologies, and new product launches in the global torque converter market.

  • Supplier Analysis: The report provides a brief analysis of Who Supplies Whom data for key torque converter component manufacturers and their clients (OEMs).

Torque Converter Market by Transmission Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), Hybrid Vehicle (HEV and PHEV), Aftermarket, and Region - Global Forecast to 2025

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered for the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.2 Data Triangulation
2.3 Market Size Estimation
2.3.1 Oe Market
2.3.2 Aftermarket
2.4 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Torque Converter Market: Attractive Opportunities for Manufacturers
4.2 Torque Converter Market, By Country
4.3 Torque Converter Market, By Transmission Type
4.4 Torque Converter Market, By Vehicle Type
4.5 Torque Converter Market, By Component
4.6 Torque Converter Aftermarket, By Vehicle

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Sale of Hybrid Electric Vehicles
5.2.1.2 Increasing Demand for Automatics
5.2.2 Restraints
5.2.2.1 High Cost of Repairs
5.2.3 Opportunities
5.2.3.1 Increasing Use of DCT Transmission
5.2.4 Challenges
5.2.4.1 Increasing Popularity of Automated Manual Transmission (AMT)
5.2.4.2 Low Fuel Efficiency in Automatic Transmission (AT) Vehicles
5.3 Macro-Indicator Analysis
5.3.1 Introduction
5.3.1.1 Premium Segment Car Sales as A Percentage of Total Sales
5.3.1.2 GDP (USD Billion)
5.3.1.3 GNP Per Capita, Atlas Method (USD)
5.3.1.4 GDP Per Capita Ppp (USD)
5.3.2 Macro Indicators Influencing the Torque Converters Market for Top 3 Countries
5.3.2.1 US
5.3.2.2 Japan
5.3.2.3 Germany

6 Torque Converter Market, By Transmission Type
6.1 Introduction
6.2 Automatic Transmission (AT)
6.3 Continuously Variable Transmission (CVT)
6.4 Dual-Clutch Transmission (DCT)

7 Torque Converter Market, By Component
Note - The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Oceania, Europe, North America, and RoW
7.1 Introduction
7.2 Clutch Plate
7.3 Damper
7.4 Impeller
7.5 Stator
7.6 Turbine
7.7 Other Components

8 Torque Converter Market, By Vehicle Type
Note - The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Oceania, Europe, North America, and RoW
8.1 Introduction
8.2 Passenger Car
8.3 Commercial Vehicle

9 Torque Converter Market, By Hybrid Vehicle Type
Note - The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Oceania, Europe, North America, and RoW
9.1 Introduction
9.2 Hybrid Electric Vehicle (HEV)
9.3 Plug-In Electric Vehicle (PHEV)

10 Torque Converter Aftermarket, By Vehicle Type
Note - The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Oceania, Europe, North America, and RoW
10.1 Introduction
10.2 Passenger Car
10.3 Commercial Vehicle

11 Torque Converter Market, By Region
Note - The Chapter is Further Segmented at Country Level and Transmission Types Considered are Automatic Transmission (AT), Continuously Variable Transmission (CVT) and Dual Clutch Transmission (DCT)
11.1 Introduction
11.2 Asia Oceania
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.3 Europe
11.3.1 Germany
11.3.2 France
11.3.3 UK
11.3.4 Spain
11.4 North America
11.4.1 US
11.4.2 Canada
11.4.3 Mexico
11.5 Rest of the World (RoW)
11.5.1 Brazil
11.5.2 Russia

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Scenario
12.3.1 New Product Developments
12.3.2 Mergers & Acquisitions
12.3.3 Partnerships/Supply Contracts/Collaborations/Jvs
12.3.4 Expansions

13 Company Profiles
(Overview, Recent Financials, Product Offerings, & Recent Developments)*
13.1 Schaeffler
13.2 ZF
13.3 Aisin
13.4 Valeo
13.5 Kapec
13.6 Transtar.
13.7 Exedy
13.8 Yutaka Giken
13.9 Borgwarner
13.10 Sonnax Industries

*Details on Overview, Recent Financials, Product Offerings, & Recent Developments Might Not Be Captured in Case of Unlisted Companies.

14 Appendix
14.1 Key Industry Insights
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
14.4 Introducing Rt: Real Time Market Intelligence
14.5 Available Customizations
14.5.1 Torque Converter Market, By Vehicle Type & Transmission, By Region
14.5.1.1 Asia Oceania
14.5.1.2 Europe
14.5.1.3 North America
14.5.1.4 RoW
14.5.2 Torque Converter Aftermarket, By Country
14.5.2.1 US
14.5.2.2 Canada
14.5.2.3 Mexico
14.5.2.4 China
14.5.2.5 Japan
14.5.2.6 South Korea
14.5.2.7 Germany
14.5.2.8 UK
14.5.2.9 Spain
14.6 Related Reports
14.7 Author Details

List of Tables

Table 1 Currency Exchange Rates (Per USD)
Table 2 Torque Converter Market Assumption
Table 3 Torque Convertor Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 4 Torque Convertor Market Size, By Transmission Type 2015–2025 (USD Million)
Table 5 Automatic Transmission: Torque Converter Market, By Region, 2015–2025 (‘000 Units)
Table 6 Automatic Transmission: Torque Converter Market, By Region, 2015–2025 (USD Million)
Table 7 Continuously Variable Transmission: Torque Converter Market, By Region, 2015–2025 (‘000 Units)
Table 8 Continuously Variable Transmission: Torque Converter Market, By Region, 2015–2025 (USD Million)
Table 9 Dual Clutch Transmission: Torque Converter Market, By Region, 2015–2025 (‘000 Units)
Table 10 Dual Clutch Transmission: Torque Converter Market, By Region, 2015–2025 (USD Million)
Table 11 Torque Converter Market Size, By Component, 2015–2025 (Million Units)
Table 12 Torque Converter Market Size, By Component, 2015–2025 (USD Million)
Table 13 Torque Converter: Clutch Plate Market Size, By Region, 2015–2025 (Million Units)
Table 14 Torque Converter: Clutch Plate Market Size, By Region, 2015–2025 (USD Million)
Table 15 Torque Converter: Damper Market Size, By Region, 2015–2025 (Million Units)
Table 16 Torque Converter: Damper Market Size, By Region, 2015–2025 (USD Million)
Table 17 Torque Converter: Impeller Market Size, By Region, 2015–2025 (Million Units)
Table 18 Torque Converter: Impeller Market Size, By Region, 2015–2025 (USD Million)
Table 19 Torque Converter: Stator Market Size, By Region, 2015–2025 (Million Units)
Table 20 Torque Converter: Stator Market Size, By Region, 2015–2025 (USD Million)
Table 21 Torque Converter: Turbine Market Size, By Region, 2015–2025 (Million Units)
Table 22 Torque Converter: Turbine Market Size, By Region, 2015–2025 (USD Million)
Table 23 Torque Converter: Other Components Market Size, By Region, 2015–2025 (USD Million)
Table 24 Torque Converter: Market Size, By Vehicle Type, 2015–2025 (‘000 Units)
Table 25 Torque Converter: Market Size, By Vehicle Type, 2015–2025 (USD Million)
Table 26 Torque Converter: Passenger Car Market Size, By Region, 2015–2025 (‘000 Units)
Table 27 Torque Converter: Passenger Car Market Size, By Region, 2015–2025 (USD Million)
Table 28 Torque Converter: Commercial Vehicle Market Size, By Region, 2015–2025 (‘000 Units)
Table 29 Torque Converter: Commercial Vehicle Market Size, By Region, 2015–2025 (USD Million)
Table 30 Torque Converter: Hybrid Vehicle Market Size, By Hybrid Vehicle Type, 2015–2025 (‘000 Units)
Table 31 Torque Converter: Hybrid Vehicle Market Size, By Hybrid Vehicle Type, 2015–2025 (USD Million)
Table 32 Top Selling HEV With Automatic Transmission, By Region, 2016
Table 33 HEV Torque Converter Market Size, By Region, 2015–2025 (‘000 Units)
Table 34 HEV Torque Converter Market Size, By Region, 2015–2025 (USD Million)
Table 35 Top Selling PHEV With Automatic Transmission, By Region, 2016
Table 36 Torque Converter: PHEV Market Size, By Region, 2015–2025 (‘000 Units)
Table 37 Torque Converter: PHEV Market Size, By Region, 2015–2025 (USD Million)
Table 38 Torque Converter Aftermarket Size, By Vehicle Type, 2015–2025 (‘000 Units)
Table 39 Torque Converter Aftermarket Size, By Vehicle Type, 2015–2025 (USD Million)
Table 40 Passenger Car Torque Converter Aftermarket Size, By Region, 2015–2025 (‘000 Units)
Table 41 Passenger Car Torque Converter Aftermarket Size, By Region, 2015–2025 (USD Million)
Table 42 Commercial Vehicle Torque Converter Aftermarket Size, By Region, 2015–2025 (‘000 Units)
Table 43 Commercial Vehicle Torque Converter Aftermarket Size, By Region, 2015–2025 (USD Million)
Table 44 Torque Converter Market, By Region, 2015-2025 (‘000 Units)
Table 45 Torque Converter Market, By Region, 2015-2025 (USD Million)
Table 46 Asia Oceania: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 47 Asia Oceania: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 48 China: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 49 China: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 50 Japan: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 51 Japan: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 52 South Korea: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 53 South Korea: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 54 India: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 55 India: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 56 Europe: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 57 Europe: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 58 Germany: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 59 Germany: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 60 France: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 61 France: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 62 UK: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 63 UK: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 64 Spain: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 65 Spain: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 66 North America: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 67 North America: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 68 US: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 69 US: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 70 Canada: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 71 Canada: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 72 Mexico: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 73 Mexico: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 74 RoW: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 75 RoW: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 76 Brazil: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 77 Brazil: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 78 Russia: Torque Converter Market Size, By Transmission Type, 2015–2025 (‘000 Units)
Table 79 Russia: Torque Converter Market Size, By Transmission Type, 2015–2025 (USD Million)
Table 80 New Product Development, 2015–2016
Table 81 Mergers & Acquisitions, 2015
Table 82 Partnerships/Supply Contracts/Collaborations/Joint Ventures, 2017
Table 83 Expansions, 2015–2017

List of Figures

Figure 1 Market Segmentation: Torque Converter Market
Figure 2 Torque Converters Market: Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Torque Converter Oe Market: Bottom-Up Approach
Figure 5 Torque Converter Aftermarket: Bottom-Up Approach
Figure 6 Torque Converter Market, By Transmission Type, 2017 vs 2025 (USD Billion)
Figure 7 Torque Converter Market, By Component, 2017 vs 2025 (USD Billion)
Figure 8 Torque Converter Market, By Vehicle Type, 2017 vs 2025 (USD Billion)
Figure 9 Torque Converter Market, By Hybrid Vehicle Type, 2017 vs 2025 (USD Million)
Figure 10 Torque Converter Aftermarket, By Region, 2017 vs 2025 (USD Billion)
Figure 11 Torque Converter Market, By Region, 2017
Figure 12 Growing Demand for Automatic Transmissions to Drive the Growth in the Torque Converter Market
Figure 13 Italy to Be the Fastest Growing Market for Torque Converters From 2017 to 2025
Figure 14 Torque Converter Market for CVT & DCT Transmission to Gain Market Share By 2025 (USD Billion)
Figure 15 Passenger Car to Be the Largest and Fastest Growing Market for Torque Converter, 2017 vs 2025 (USD Billion)
Figure 16 Impellor to Be the Largest Component Market for Torque Converter, 2017 vs 2025 (USD Billion)
Figure 17 Passenger Car Segment to Be the Largest Aftermarket for Torque Converters, By Region, 2017–2025 (USD Billion)
Figure 18 Market Dynamics: Automotive Torque Converter Market
Figure 19 US, Japan, China, Germany, and UK HEV Sales, 2011 vs 2016
Figure 20 US, China, Japan, Germany, UK PHEV Sales, 2011 vs 2016
Figure 21 Global Automatic Transmission Production (2013, 2017 & 2022)
Figure 22 Global Continuously Variable Transmission Production (2013, 2017 & 2022)
Figure 23 Global DCT Production (2013, 2017 & 2022)
Figure 24 US: Macro Indicators Affecting Torque Converters Market
Figure 25 Japan: Macro Indicators Affecting Torque Converters Market
Figure 26 Germany: Macro Indicators Affecting Torque Converters Market
Figure 27 Global Torque Convertor Market, By Transmission Type, 2015–2025 (USD Billion)
Figure 28 Torque Converter Market, By Component, 2017 vs 2025 (USD Billion)
Figure 29 Torque Converter Market, By Vehicle Type, 2017 vs 2025
Figure 30 Torque Converter Market, By Hybrid Vehicle Type, 2017 vs 2025 (USD Million)
Figure 31 Torque Converter Aftermarket, By Region, 2017–2025 (USD Billion)
Figure 32 Torque Converter Market, By Region, 2017 vs 2025 (USD Billion)
Figure 33 Asia Oceania: Torque Converter Market, By Country, 2017 vs 2025 (USD Million)
Figure 34 Asia Oceania: Torque Converter Market Snapshot
Figure 35 Europe: Torque Converter Market, By Country, 2017 vs 2025 (USD Million)
Figure 36 North America: Torque Converter Market, By Country, 2017 vs 2025 (USD Million)
Figure 37 North America: Torque Converter Market Snapshot
Figure 38 Rest of the World (RoW): Torque Converter Market, By Country, 2017 vs 2025 (USD Million)
Figure 39 Torque Converter Market Ranking, 2016
Figure 40 Schaeffler: Company Snapshot
Figure 41 ZF: Company Snapshot
Figure 42 Aisin Group: Company Snapshot
Figure 43 Valeo: Company Snapshot
Figure 44 Exedy: Company Snapshot
Figure 45 Yutaka Giken: Company Snapshot
Figure 46 Borgwarner: Company Snapshot

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