News on market Automotive Torque Converter Market | Page 2

The Torque Converter is a means that performs such as a connection among the engine and the transmission and
permits the engine of the vehicle to rotate autonomously of the transmission. The automotive torque converter sales
market will rise discreetly for the duration of the prediction period, and the forecasts for its progress will be greatly
reliant on the trade of automatic transmission vehicles above the following a small number of years.
The division of the Automotive Torque Converter market on the source of Type of End Users spans The Original
Equipment Manufacturer [OEM] and the Aftermarket. It is projected that the market division of the OEM will observe
the uppermost development for the duration of the prediction age. Greatly the development of this division may be
credited to the reality that the claim for Automatic Transmission [AT] vehicles is increasing, particularly from areas
similar to China and India. This intensification in the global call for automatic transmission vehicles has produced a vast
market for torque converters for OEMs. As per the study the OEM market division will be responsible for an exciting
market segment of greater than 65% by the completion of the prediction period.
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The division of the Automotive Torque Converter Sales market on the source of Area spans North America and South
America, Europe, Asia-Pacific, Middle East & Africa. Right now, the area of Americas leads this market and will carry
on doing so up to the completion of the prediction era. The predictions intended for the development of the market
in this area will be definitely influenced by the greater acceptance of automatic transmissions in the heavyweight and
intermediate trucks.
Paybacks such as greater fuel effectiveness comfort of driving, necessities of lower-skillfulness, and condensed
occurrences of mishaps will force the general population in this area to choose for an automatic transmission in
weighty and intermediate -duty trucks and commuter automobiles. It is expected that the market for the automotive
torque converters in the areas of Americas will be responsible for an exciting market segment of approximately more
than the 60% by the completion of the prediction period.
The automotive torque converter market is regarded as by means of the existence of a small number of most important
intercontinental companies and a lot of indigenous and provincial companies. The economic surroundings in this
market will strengthen in phase by means of the increasing demand for automatic transmission vehicles. This market’s
greater development prospective in the area of Asia Pacific and the greater call for automatic transmission vehicles in
the area of North America will permit the entrance of novel companies into the market.
Some of the important companies operating in the Automotive Torque Converter market on the international basis
are Yutaka, ZF, Exedy, and Schaeffler [LUK]. Additional noticeable companies investigated are Tran Sar, Precision
Torque Converters, Dynamic Manufacturing, and Sonnax.