The factors that can be attributed to the robust Passenger Vehicle Torque Converter market growth may include
technological enhancements, augmented demands for automatic transmission vehicles, product optimization by the
manufacturers, rising methodologies in the production, robust improvements in the power train mechanism,
augmented employment of electronic gadgets among various vehicles.
The only factor that is hindering the overall market growth may include recurring technical problems like transmission
slippages, high-stall speed, and vehicle trembling issues. Passenger Vehicle Torque Converter Market is classified by
Automatic transmission type as CVT (continuously variable transmission), DCT (Dual-Clutch Transmission), AMT
(Automated manual Transmission), and others.
Passenger Vehicle Torque Converter Industry is segregated by type as Multistage-stage type, Single-stage type, and
others. The market is segmented by application as SUV, Sedan, and others. This industry is categorized by end user as
OEMS, Aftermarkets, and others. This market is divided by geography as North America, Europe, China, Japan,
Southeast Asia, and India.
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Geographically, North America is currently accounting for a significant share in the market and it is estimated that the
region will go on growing with the same pace, the reason being rising adoption levels of automatic transmission
systems in the vehicles, and existence of leading manufacturers in the region.
On the other hand, Asia Pacific is also emerging as one of the promising regions owing to wider customer base and
rise in the investments by the manufacturers. Countries including China, India, and Japan are witnessing a significant
rise in the market and are deemed as major contributors to the market growth. The key players operating in the
Passenger Vehicle Torque Converter market are recognized as Kapec, Aisin, ZF, Allison Transmission, Precision of New
Hampton, Hongyu, Yutaka Giken, Schaeffler, Valeo, EXEDY, and Aerospace Power.
Market segment:
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million
USD), market share and growth rate of Passenger Vehicle Torque Converter in these regions, from 2012 to 2022
(forecast), covering
• United States
• EU
• China