Automotive Torque Converter Market Trends Shaped by Automotive...

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2026-08-18 09:22:49 -

Automotive Torque Converter Market Trends Shaped by Automotive Automation and Growing Demand for Smooth Power Transmission Technologies

According to a new report by Polaris Market Research, the global automotive torque converter market was valued at USD 7.31 billion in 2024 and is projected to reach USD 11.88 billion by 2034, expanding at a CAGR of 5.0% over the forecast period. Growth is underpinned by rising consumer preference for automatic transmissions, tightening emissions regulations, and expanding torque...

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