자동차용 토크 컨버터 산업은 자동변속기 자동차에 대한 수요 증가로 확대되고 있습니다. 토크 컨버터는 엔진에서 변속기로의 원활한 동력 전달을 가능하게 하여 자동차의 성능과 연비 효율을 향상시킵니다. 이러한 시장 확대는 기술 발전과 편안함과 편의성에 대한 소비자의 선호도 증가에 의해 주도되고 있습니다. 이에 따라 시장 규모는 2023년 79억 3,000만 달러를 돌파하고 2031년에는 약 110억 8,000만 달러에 달할 것으로 예상됩니다.
또한 이 시장은 신흥 시장에서의 자동차 산업 성장의 수혜를 받고 있습니다. 효율적인 파워트레인을 요구하는 엄격한 공해 규제와 함께 승용차 및 상용차 생산이 증가하면서 토크 컨버터에 대한 수요를 견인하고 있습니다. 주요 업체들은 기술 혁신과 전략적 제휴에 중점을 두고 강화된 제품을 개발하고 있으며, 이는 시장 개척의 원동력이 되고 있습니다. 자동차 토크 컨버터에 대한 수요가 증가함에 따라 2024-2031년 연평균 4.28% 시장 성장이 가능할 것으로 예상됩니다.
자동차용 토크 컨버터 시장 정의/개요
자동차용 토크 컨버터는 자동차용 엔진 및 변속기 사이에 위치한 유체 커플링 장비입니다. 엔진에서 변속기로 회전력을 분배하고 토크를 두 배로 증가시켜 부드러운 가속을 가능하게 하며, 차량이 정지된 상태에서도 엔진을 움직일 수 있게 합니다.
엔진의 동력을 변속기로 전달하여 부드러운 가속, 엔진 토크 증가, 정지 없이 시동을 걸고 멈춤 없이 출발 및 정지할 수 있도록 합니다. 연비 효율을 높이고 자동 변속기 시스템에 필수적인 원활한 기어 변속을 가능하게 합니다.
자동차용 토크 컨버터는 향후 연비 개선, 차량 성능 향상, 전기자동차(EV) 통합 지원, 하이브리드 시스템에서 보다 원활한 동력 전달, 신뢰성과 적응성이 뛰어난 동력 관리 솔루션 제공을 통한 자율주행 기술 발전을 위해 사용될 것으로 예상됩니다. 사용될 것으로 예상됩니다.
연비 효율에 대한 수요 증가는 자동차 토크 컨버터 시장의 주요 촉진요인입니다. 전 세계에서 법규가 강화되고 소비자의 선호도가 연비가 좋은 차량으로 이동함에 따라 자동차 제조업체는 이러한 목표를 달성하기 위해 토크 컨버터와 같은 혁신적인 변속기 기술에 점점 더 많은 관심을 기울이고 있습니다. 미국 환경보호청(EPA)과 미국 에너지부를 포함한 다양한 출처에 따르면 첨단 토크 컨버터는 일반 변속기에 비해 연비를 4-8% 향상시킬 수 있다고 합니다. 이러한 변화는 효율성을 향상시키는 록업 토크 컨버터와 같은 최신 변속기 기술의 전 세계 보급이 크게 증가하고 있음을 보여주는 데이터에 의해 확인되었습니다.
또한 미국 고속도로교통안전국(NHTSA)과 같은 규제 당국과 ZF Friedrichshafen AG와 같은 기업이 발행하는 산업 잡지는 토크 컨버터가 엄격한 연비 기준을 충족하고 CO2 배출량을 줄이는 데 중요하다는 점을 강조하고 있습니다. 중요하다는 점을 강조하고 있습니다. 유럽 시장에서도 보다 효율적인 파워트레인 기술의 채택으로 승용차의 CO2 배출량이 크게 감소하고 있으며, 이는 환경 목표 달성에 있으며, 토크 컨버터의 역할을 강조하고 있습니다. 전반적으로 연비 효율화 추세는 정교한 토크 컨버터에 대한 수요를 증가시키고, 지속가능성과 효율성을 추구하는 자동차 산업에서 중요한 부품으로 자리매김할 것으로 예상됩니다.
자동차 토크 컨버터의 높은 교체 및 수리 비용은 시장 확대를 제한할 수 있습니다. 토크 컨버터는 정밀하게 제조되어야 하는 복잡한 부품이기 때문에 교체 및 수리 비용이 높을 수밖에 없습니다. 이러한 경제적 부담은 특히 가격에 민감한 시장에서 차량 소유주나 차량 운영 회사가 최신 토크 컨버터가 장착된 차량을 구매하려는 의욕을 잃게 만들 수 있습니다.
또한 토크 컨버터를 교체하거나 수리하는 데 많은 시간이 소요되므로 전체 비용이 증가합니다. 결과적으로 고객은 더 간단하고 저렴한 변속기 시스템을 갖춘 자동차를 선호하거나 유지보수를 미루게 되어 토크 컨버터에 대한 시장 수요에 영향을 미칠 수 있습니다. 토크 컨버터는 연비와 차량 성능 향상이라는 장점에도 불구하고 높은 유지보수 비용으로 인해 보급이 제한되고 특정 분야에서 시장 확대가 지연될 수 있습니다.
The automotive torque converter industry is expanding due to rising demand for automatic transmission automobiles. Torque converters improve vehicle performance and fuel efficiency by allowing for the seamless transfer of power from the engine to the transmission. This market's expansion is driven by technological advancements and increasing consumer preferences for comfort and convenience. This is likely to enable the market size surpass USD 7.93 Billion valued in 2023 to reach a valuation of aroundUSD 11.08 Billion by 2031.
Furthermore, the market benefits from the expanding automobile industry in emerging markets. Increasing manufacturing of passenger and commercial cars, combined with tight pollution rules requiring efficient powertrains, drives demand for torque converters. Key players are focused on innovation and strategic alliances to develop enhanced goods, which is driving market growth. The rising demand for automotive torque converter is enabling the market grow at aCAGR of 4.28% from 2024 to 2031.
Automotive Torque Converter Market: Definition/ Overview
An automotive torque converter is a fluid coupling device that sits between the engine and the transmission in automatic vehicles. It distributes rotating power from the engine to the transmission, allowing for smooth acceleration by doubling torque, as well as running the engine while the vehicle is stationary.
These type of converters transfer engine power to the transmission, allowing for smooth acceleration, increase in engine torque and the ability for automobiles to start and stop without stalling. They increase fuel efficiency and allow seamless gear shifting, which is essential in automatic transmission systems.
Automotive torque converters will be used in the future to improve fuel efficiency, enhance vehicle performance, support electric vehicle (EV) integration, enable smoother power transmission in hybrid systems, and advance autonomous driving technology by providing reliable and adaptive power management solutions.
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The growing demand for fuel efficiency is a major driver of the automotive torque converter market. As worldwide laws tighten and consumer preferences shift toward more fuel-efficient vehicles, automakers are increasingly turning to innovative transmission technologies, such as torque converters, to meet these objectives. According to a variety of sources, including the United States Environmental Protection Agency (EPA) and the United States Department of Energy, advanced torque converters can improve fuel efficiency by 4-8% when compared to regular transmissions. This change is confirmed by data indicating a significant increase in the global deployment of modern transmission technology such as lock-up torque converters, which improve efficiency.
Furthermore, regulatory authorities such as the U.S. National Highway Traffic Safety Administration (NHTSA) and industry publications from businesses such as ZF Friedrichshafen AG emphasize the importance of torque converters in meeting tight fuel economy criteria and lowering CO2 emissions. The European market is also seeing significant reductions in CO2 emissions from passenger automobiles as a result of the adoption of more efficient powertrain technologies, highlighting the role of torque converters in meeting environmental goals. Overall, the trend toward fuel efficiency is expected to increase demand for sophisticated torque converters, establishing them as critical components in the automotive industry's quest for sustainability and efficiency.
High replacement and repair costs for vehicle torque converters can limit market expansion. Torque converters are complex components that must be manufactured with precision, which results in expensive replacement and repair costs. This financial burden may dissuade vehicle owners and fleet operators from purchasing vehicles equipped with modern torque converters, particularly in price-sensitive markets.
Furthermore, the labor-intensive procedure of replacing or repairing torque converters drives up the overall cost. As a result, customers may favor automobiles with simpler, less expensive transmission systems or postpone maintenance, thereby affecting market demand for torque converters. Despite their benefits in improving fuel efficiency and vehicle performance, the high expenses associated with maintaining torque converters may limit their widespread use and slow market expansion in certain segments.
The growing need for seamless gear shifts and convenience of use is likely to boost the expansion of the automatic transmission sector within the torque converter market. Automatic gearboxes are popular because they give smooth, effortless driving experiences, which appeals to a wide spectrum of users, including those in metropolitan areas and commercial fleets. This choice is especially prominent in North America and Asia-Pacific, where automatic transmissions meet consumer expectations and driving conditions.
Furthermore, advances in technology are improving the efficiency and performance of automatic gearboxes, making them more appealing. As a result, the increased customer demand for greater driving pleasure and operating simplicity is expected to boost the adoption of automatic gearboxes, therefore pushing the type segment's growth.
The growing popularity of hybrid electric vehicles (HEVs) is a major driver of growth in the automotive torque converter market. Torque converters improve fuel efficiency and performance in HEVs, which combine internal combustion engines and electric motors. As customers and automakers prioritize sustainability and fuel efficiency, HEVs provide an appealing blend of lower emissions and longer range without the need for frequent recharge. Regulatory demands and incentives for lower emissions have accelerated HEV uptake. As a result, the need for improved torque converters in HEVs is increasing, as they play an important role in improving powertrain performance and economy. This growing demand for HEVs is likely to create significant growth in the torque converter market, reinforcing the segment's dominance.
Country/Region Wise Acumens
North America's robust automotive industry infrastructure considerably drives the automotive torque converter market. North America, notably the United States, boasts a well-established automotive sector that includes advanced production facilities, a strong supply chain and top automotive OEMs. This infrastructure enables intensive research and development, promoting innovation in automotive technologies such as torque converters.
The presence of major automakers and transmission manufacturers in the region promotes the rapid adoption of modern torque converter technology, which improve vehicle performance and fuel efficiency. Furthermore, strict fuel economy rules and pollution standards in North America compel automakers to use efficient torque converters to achieve these requirements.
Furthermore, the rising demand for passenger and commercial cars, combined with consumer preference for automatic gearboxes, drives growth in the torque converter industry. This is solid automotive foundation ensures that North America remains a dominant region, driving continuous growth and technological advancements in the torque converter market.
The automotive torque converter market in Asia Pacific is being driven primarily by a growing need for fuel-efficient vehicles. Vehicle manufacturing and sales are increasing significantly in countries such as China, India, and Japan, driven by rising middle-class incomes and urbanization. This growth is accompanied by a greater awareness of environmental issues and tough government rules aimed at lowering emissions and improving fuel economy.
Consumers in Asia-Pacific are increasingly favoring fuel-efficient vehicles, resulting in a higher adoption rate of modern transmission technologies such as torque converters. These components are critical to maximizing fuel efficiency and vehicle performance, making them necessary for modern automobiles. As a result, demand for improved torque converters is likely to increase, driving market growth in the region. This trend is further supported by investments from automotive manufacturers in developing and producing more efficient and eco-friendly vehicles to meet regulatory standards and consumer preferences.
The automotive torque converter market is a dynamic and competitive space, characterized by a diverse range of players vying for market share. These players are on the run for solidifying their presence through the adoption of strategic plans such as collaborations, mergers, acquisitions, and political support. The organizations are focusing on innovating their product line to serve the vast population in diverse regions.
Some of the prominent players operating in the automotive torque converter market include:
Aisin Seiki Corporation, BorgWarner Inc., Continental AG, Delphi Technologies, Exedy Corporation, Isuzu Motors Ltd., Jatco Ltd, Precision Industries, Schaeffler Technologies AG & Co. Kg, Sonnax Transmission Company, Inc.
In October 2023, the upcoming launch of the Kia Sonet in India in October 2023 is a source of excitement due to its innovative features, including the first-ever torque converter diesel automatic drivetrain in the subcompact SUV segment. This transmission will produce more power than its manual counterpart.