/PRNewswire/ The Automotive Torque Converter Market is expected to increase by USD 1.52 billion from 2021 to 2026, and the market s growth momentum will.
/PRNewswire/ The "Global Automotive Torque Converter Market, By Vehicle Type, By Transmission Type (Automatic Transmission, Automated Manual Transmission,.
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This study identifies the increasing demand for fuel-efficient vehicles as one of the prime reasons driving the automotive torque converter market growth during the next few years.
The report on automotive torque converter market covers the following areas:
Automotive torque converter market sizing
Automotive torque converter market forecast
Automotive torque converter market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive torque converter market vendors that include Aisin Seiki Co. Ltd., Delphi Technologies Plc, Schaeffler AG, Sonnax Transmission Co. Inc., SUBARU Corp., Transtar Industries Inc., Valeo SA, Voith GmbH & Co. KGaA, Yutaka Giken Co. Ltd., and ZF Friedrichshafen AG. Also, the automotive torque converter market analysis report includes information on upcoming trends and challenges that will influence market growth
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The Global Automotive Torque Converter Market size is projected to grow at a CAGR of over 5% until 2026, due to growing preference towards automatic transmission and the increasing demand of premium vehicles. The market for passenger cars among all the vehicle types was the largest in the global market in 2020 and it is predicted to account for majority of the Global Automotive Torque Converter Market during the forecast period. The growth of the passenger cars segment is majorly attributable to the increasing penetration of automatics in passenger cars. Also, the growing demand for automatic hydraulic transmission vehicles and CVT passenger vehicles are major factors driving the growth of automotive torque converters in the passenger vehicle segment.