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MarketsandMarkets Presents Torque Converter Market worth 9.88 Billion USD by 2025 https://www.marketsandmarkets.com/pdfdownload.asp?id=11286289
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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 2025. 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. https://www.marketsandmarkets.com/Market-Reports/torque-converter-market-11286289.html 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: https://www.marketsandmarkets.com/pdfdownload.asp?id=11286289https://www.marketsandmarkets.com/pdfdownload.asp?id=11286289
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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>> https://www.marketsandmarkets.com/speaktoanalyst.asp?id=11286289https://www.marketsandmarkets.com/speaktoanalyst.asp?id=11286289
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: 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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Contact Us Contact: Mr. Rohan MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com https://www.marketsandmarkets.com/Market-Reports/torque-converter-market- 11286289.html
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About MarketsandMarkets MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve. MarketsandMarkets’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
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