MarketsandMarkets Presents Torque Converter Market worth 9.88 Billion USD by

Torque Converter MarketTorque Converter Market by Transmission Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), Hybrid Vehicle (HEV and PHEV), Aftermarket, and Region - Global Forecast to 2025", The torque converter market is projected to grow at a CAGR of 5.78% from 2017 and is expected to reach USD 9.88 Billion by The torque converter market is driven by the increasing sale of automatics, the increasing demand for Continuously Variable Transmission (CVT) and the rising demand for luxury vehicles. Browse 83 Market Data Tables and 46 Figures spread through 140 Pages and in-depth TOC on "Torque Converter Market - Global Forecast to 2025“ Early buyers will receive 10% customization on reports. Download PDF Brochure:

The torque converter market is driven by the high penetration of Automatic Transmission (AT) in mid- and premium segment cars. Also, the increasing penetration of Continuously Variable Transmission (CVT) in mid-level vehicles is expected to drive the torque converter market in developing countries. The increasing demand for luxury, comfort, and convenience is driving technological advancements in the torque converter market. The torque converter market is estimated to be at USD 5.90 Billion in 2016 and is projected to reach USD 9.88 BBillion by 2025, at a CAGR of 5.78% during the forecast period. Target Audience>> Torque converter manufacturers Torque converter components manufacturers Aftermarket torque converter service providers Original Equipment Manufacturers (OEM) Service providers for in-vehicle infotainment System integrators Speak to Analyst>>

: Scope of the Report>> By Transmission Type AT CVT DCT By Component Clutch plate Damper Impeller Stator Turbine Others By Vehicle Type Passenger Car Commercial Vehicle By Hybrid Vehicle Hybrid Electric Vehicle (HEV) Plug- In Hybrid Electric Vehicle (PHEV)

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