Market Report

Overview Torque Converter Market is forecast to reach $9.40 billion by 2025, after growing at a CAGR of 5.65% during 2020-2025. The growth of the torque converter market is majorly attributed to the growth of automatic transmission vehicle market. The rapid growth in the demand of CVT passenger vehicles and automatic hydraulic transmission vehicles in the developed parts of the world is majorly anticipated to have positive impact on the growth of the market during the forecast period. Report Coverage The report:  “Torque Converter Market – Forecast (2019-2024)”,  by IndustryARC, covers an in-depth analysis of the following segments of the Torque Converter Market. Key Takeaways North America dominated the market of torque convertor, owing to the high adoption of the advanced technology. The high demand of passenger cars in the developed countries such as the U.S, Germany and Canada is contributing towards the growth of the market. The growing demand of the Duel Clutch and auto...