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(USGovernment-News.Com, October 16, 2018 ) This report covers the present scenario (with the base year being 2017) and the growth prospects of global Automotive Torque Converter market for 2018-2023. Automotive torque converter is a fluid coupling that functions as a means of transferring power from the engine to the transmission. An automotive torque converter is comprised of an impeller, turbine, stator, and front cover, these parts work in conjunction with one another to transfer power from the engine to the transmission by swirling fluid around. The impeller, which is sometimes referred to as the pump, is welded to the front cover, is not physically connected to the turbine, which drives the input shaft on the transmission. The front cover is bolted to the flex plate, and as it rotates the impeller, the increasing velocity of the transmission fluid transmits power to the turbine and transmission input shaft. The main consumption regions are concentrated in the Japan & Korea, China and North American. The Automotive Torque Converter’s consumption has great relationship with the local economical developed level and automotive type, the production of AT and CVT has great relationship with the consumption of torque converter. The import and export volume is relative small, China has very large export ratio. Currently, the Automotive Torque Converter has a certain degree of anti-dumping phenomenon. In the future, the Automotive Torque Converter will have a good future; the price fluctuation has relationship with the raw material and the anti-fire degree. The technology will more mature and the industry is more dispersion. The production of the automotive torque converter has great relationship with the automotive transmission’s development and the rate. Over the next five years, this report projects that Automotive Torque Converter will register a 0.2% CAGR in terms of revenue, reach US$ 540 million by 2023, from US$ 540 million in 2017. This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Torque Converter market by product type, application, key manufacturers and key regions. To calculate the market size, this report considers value and volume generated from the sales of the following segments: Segmentation by product type: Single-stage Torque Converter Multistage Torque Converter Segmentation by application: Automatic Transmission (AT) Continuously Variable Transmission (CVT) Other Transmission This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Spain Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: EXEDY Yutaka Giken Kapec ZF Valeo Schaeffler Aerospace Power Punch Powertrain Allison Transmission Precision of New Hampton Hongyu. In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development. Research objectives To study and analyze the global Automotive Torque Converter consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023. To understand the structure of Automotive Torque Converter market by identifying its various subsegments. Focuses on the key global Automotive Torque Converter manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years. To analyze the Automotive Torque Converter with respect to individual growth trends, future prospects, and their contribution to the total market. To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks). To project the consumption of Automotive Torque Converter submarkets, with respect to key regions (along with their respective key countries). To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market. To strategically profile the key players and comprehensively analyze their growth strategies.
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