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(USGovernment-News.Com, October 17, 2018 ) 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 studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players: EXEDY Yutaka Giken Kapec ZF Valeo Schaeffler Aerospace Power Punch Powertrain Allison Transmission Precision of New Hampton Hongyu. Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like North America (United States, Canada and Mexico) Asia-Pacific (China, Japan, Southeast Asia, India and Korea) Europe (Germany, UK, France, Italy and Russia etc.) South America (Brazil, Chile, Peru and Argentina) Middle East and Africa (Egypt, South Africa, Saudi Arabia) Split by Product Types, with sales, revenue, price, market share of each type, can be divided into Single-stage Torque Converter Multistage Torque Converter Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into Automatic Transmission (AT) Continuously Variable Transmission (CVT) Other Transmission
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