The report " Torque Converter Market by
The report "Torque Converter Market by Transmission Type (AT, CVT, and DCT), Component (Clutch Plate, Damper, Impeller, Turbine, and Stator), Vehicle (Passenger Car and Commercial Vehicle), Hybrid Vehicle (HEV and PHEV), Aftermarket, and Region - Global Forecast to 2025", The torque converter market is projected to grow at a CAGR of 5.78% from 2017 and is expected to reach USD 9.88 Billion by 2025. The torque converter market is driven by the increasing sale of automatics, the increasing demand for Continuously Variable Transmission (CVT) and the rising demand for luxury vehicles.
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