Global Torque Converter Market Size & Outlook, 2025-2030
Global torque converter market, 2018-2030 (US$M)
Related Markets
Global torque converter market highlights
- The global torque converter market generated a revenue of USD 7,590.0 million in 2024 and is expected to reach USD 10,197.7 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5% by 2030.
- In terms of segment, passenger vehicle accounted for a revenue of USD 5,366.2 million in 2024.
- Passenger Vehicle is the most lucrative vehicle type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, China is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 7,590.0 million |
| Market revenue in 2030 | USD 10,197.7 million |
| Growth rate | 5% (CAGR from 2025 to 2030) |
| Largest segment | Passenger vehicle |
| Fastest growing segment | Passenger Vehicle |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Passenger Vehicle, Commercial Vehicle |
Other key industry trends
- In terms of revenue, the North America accounted for 17.6% of the global torque converter market in 2024.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, China is the fastest growing regional market and is projected to reach USD 2,243.3 million by 2030.
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Torque Converter Market Scope
Torque Converter Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Transtar Industries | View profile | 1001-5000 | Cleveland, Ohio, United States, North America | https://www.transtar1.com |
| Isuzu Motors | View profile | 251-500 | Anaheim, California, United States, North America | http://www.isuzu.com/ |
| Sonnax | View profile | 251-500 | Bellows Falls, Vermont, United States, North America | http://sonnax.com |
| JATCO Ltd | View profile | 10001+ | Shizuoka, Shizuoka, Japan, Asia | http://jatco.co.jp |
| EXEDY | View profile | 10001+ | Neyagawa, Osaka, Japan, Asia | https://www.exedy.com |
| Voith | View profile | 10001+ | Heidenheim An Der Brenz, Baden-Wurttemberg, Germany, Europe | https://voith.com/corp-en/index.html |
| Delphi Technologies | View profile | 10001+ | London, England, United Kingdom, Europe | https://www.delphi.com |
| ZF Group | View profile | 10001+ | Friedrichshafen, Baden-Wurttemberg, Germany, Europe | http://zf.com |
| Subaru Corp | View profile | 45605 | Ebisu Subaru Building, 1-20-8, Ebisu, Shibuya-ku, Tokyo, Japan, 150-8554 | https://www.subaru.co.jp |
| Aisin Corp | View profile | 142245 | 2-1 Asahi-machi, Aichi, Kariya, Japan, 448-8650 | https://www.aisin.com |
| BorgWarner Inc | View profile | 39900 | 3850 Hamlin Road, Auburn Hills, MI, United States, 48326 | https://www.borgwarner.com |
| Valeo SA | View profile | 112740 | 100, rue de Courcelles, Cedex 17, Paris, France, 75017 | https://www.valeo.com |
| Schaeffler AG ADR | View profile | 83362 | Industriestrasse 1-3, Herzogenaurach, BY, Germany, 91074 | https://www.schaeffler.com |
| Continental AG | View profile | 200888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | https://www.continental.com |
Global torque converter market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to torque converter market will help companies and investors design strategic landscapes.
Passenger vehicle was the largest segment with a revenue share of 70.7% in 2024. Horizon Databook has segmented the Global torque converter market based on passenger vehicle, commercial vehicle covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Torque Converter Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Passenger Vehicle
- Commercial Vehicle
- Global Torque Converter Transmission Type Outlook (Revenue, USD Million, 2018-2030)
- Automatic
- CVT
- DVT
- Global Torque Converter Component Outlook (Revenue, USD Million, 2018-2030)
- Clutch plate
- Damper
- Impeller
- Turbine
- Others
- Global Torque Converter End Use Outlook (Revenue, USD Million, 2018-2030)
- Aftermarket
- OEM
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global torque converter market databook
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Our clientele includes a mix of torque converter market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global torque converter market , including forecasts for subscribers. This global databook contains high-level insights into Global torque converter market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global torque converter market size, by regions, 2018-2030 (US$M)
Top 10 countries: Torque converter market size, 2024 (US$M)
Global torque converter market share, by vehicle type, 2024 & 2030 (%, US$M)
Torque converter market: Opportunity assessment by country
Global torque converter market, by region, 2024 (US$M)
Related statistics
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