Torque Converter Market is estimated to be at USD 5.90 Billion in 2016 and is projected to reach USD 9.88 Billion by 2027, at a CAGR of 5% 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 […]
Tag Archives: Torque Converter Market
The global torque converter market is expected to reach USD 10.85 billion by 2027 and is expected to witness market growth at a rate of 4% during the forecast period from 2021 to 2027. The demand for hybrid electric vehicles is increasing, which will drive the torque converter market during the forecast period. In addition, […]