Global Automotive High Performance Torque Converters Market 2018-2022

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Overview of the global automotive high performance torque converters market

Technavio’s market study identifies the growing demand for automatic transmission systems to be one of the primary growth factors for the automotive high performance torque converters market. Owing to factors such as high efficiency and increasing demand for comfort and safety, the demand for automatic transmission systems is increasing. These systems provide enhanced safety, high comfort, improved driving experience, while being economical and resource-friendly. Also, automatic performance transmission vehicles contribute less to pollution and are more fuel-efficient. These vehicles provide automatic protection when starting off uphill and provide dynamic driving due to the fast automatic gearshift operations. Our market analysts estimate that based on units, the market will grow steadily at a CAGR of close to 5% by 2022.

Manufacturers in the market are bringing about several innovations in the designs and configurations of internal combustion engines. The wide range of gears covering wide ratios for higher power and torque performance will drive the growth of the automotive high performance torque converters market till the end of the forecast period. The replacement of mechanical components with electronic components with improved technology will increase the overall efficiency of these systems.  

Companies covered

The automotive high performance torque converters market is characterized by numerous vendors. This market report studies the competitive environment of the transmission torque converters market containing numerous key vendors that compete and offer wide product portfolio. Technavio’s analysts also analyze the key focus areas and the strategies adopted by vendors to sustain profitably in the automotive high performance torque converters market. 

This research report provides an analysis of various companies in the market including

• aFe POWER
• Schaeffler
• Transtar Holding
• Valeo
• ZF Friedrichshafen

Segmentation by application and analysis of the automotive high performance torque converters market

• Passenger cars
• Commercial vehicles

Based on application, the passenger car segment will dominate the shares of the transmission torque converters market throughout the forecast period. Factors such as high volume sales and high demand for passenger cars will drive the usage of automotive high performance torque converter in passenger cars.  

Geographical segmentation and analysis of the automotive high performance torque converters market

• Americas
• APAC
• EMEA

The Americas will be the major revenue contributor to the transmission torque converters market throughout the forecast period. This region witnesses steady growth due to the growing demand for high performance vehicles and motorsport events. Also, manufacturers in the region are developing several muscle cars with high capacity engines.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2022?
• What are the key factors driving the global automotive high performance torque converters market?
• What are the key market trends impacting the growth of the global automotive high performance torque converters market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive high performance torque converters market?
• What are the market opportunities and threats faced by the vendors in the global automotive high performance torque converters market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive high performance torque converters market?

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