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Torque Converter Market Analysis, Scope, Stake, Progress, Trends Research Report – Forecast to 2022. The key players of global Torque Converter market are Schaeffler (Germany), ZF Friedrichshafen (Germany), Aisin (Japan), Valeo S.A. (France), KAPEC (South Korea), Transtar (US), EXEDY (Japan), Yutaka Giken (Japan), BorgWarner, Inc. (US), and Sonnax Industries (US). In 2016, these companies accounted for a share of XX% of the global market.

Browse Complete Report Information: Converter-market-1895

The report for Global Torque Converter Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

The Torque Converter technology helps automakers to manufacture high energy cells that are capable of powering the automobiles. Market Research Future (MRFR) has published a report about the global Torque Converter market that estimates massive increase for this market at 15% CAGR (Compound Annual Growth Rate) between 2017 and 2023.

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to drive sales of the global Torque Converter market, making it a continually growing market. The governments of countries such as China, Japan and Hong Kong are encouraging the use of renewable energies backed with favorable policies to restrict the ill effects of global warming. North America region is taking steps to reduce the carbon footprint due to a large number of vehicles plying on the roads. The high demand for passenger vehicles and heavy commercial vehicles increases the demand for the fuel cell as a greener alternative to the traditional cells.

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