Continuously Variable Transmission Torque Converter Market was valued at USD 9.25 Billion in 2022 and is projected to reach USD 12.34 Billion by 2030, growing at a CAGR of 4.0% from 2024 to 2030.
The period between 2018 and 2022 saw steady growth in CVT torque converters, with manufacturers enhancing the durability, efficiency, and performance of these systems. The shift in consumer preferences towards vehicles that offer better fuel economy and smooth driving experiences provided an impetus for CVT systems to gain popularity. Market research pointed out that key players in the automotive industry, such as Toyota, Honda, and Nissan, capitalized on CVT technology, integrating these systems into a range of vehicle types from compact cars to SUVs. The technological advancements during these years made CVTs more affordable and reliable, further accelerating their adoption across the global automotive market. Looking ahead, the demand for CVT torque converters is expected to grow even more rapidly between 2023 and 2033. The increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs) is expected to drive the market forward, as CVT systems are seen as ideal solutions for these powertrains due to their ability to optimize power delivery and fuel efficiency. Furthermore, the market is witnessing advancements in electronic control systems and mechanical design, which will make CVT torque converters more efficient and adaptable to different vehicle types. As global environmental standards become stricter and fuel efficiency remains a top priority for both manufacturers and consumers, the demand for CVT torque converters will likely continue to rise, ensuring their prominent role in the automotive industry over the next decade. As automakers continue to push the boundaries of technological innovations, CVT systems are expected to remain a key component in the evolution of modern vehicles.
Get an In-Depth Research Analysis of the Global Continuously Variable Transmission Torque Converter Market Size And Forecast [2025-2032]
The Continuously Variable Transmission (CVT) Torque Converter market has seen significant growth from 2018 to 2022, driven by advancements in automotive technology, particularly in the transition towards more fuel-efficient vehicles. The demand for CVT systems, which offer seamless gear transitions and improved fuel efficiency, increased during this period, as automakers focused on reducing emissions and enhancing vehicle performance. The global push for environmentally-friendly solutions and the growing adoption of hybrid and electric vehicles also played a major role in the rise of CVT torque converters. This market has been primarily driven by the Asia Pacific region, with countries like China, Japan, and India showing increasing demand for advanced automotive components.
EXEDY
Yutaka Giken
Kapec
ZF
Valeo
Schaeffler
Aerospace Power
Punch Powertrain
Allison Transmission
Precision of New Hampton
Hongyu.
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Continuously Variable Transmission Torque Converter Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Continuously Variable Transmission Torque Converter Market
Automatic Transmission (AT)
Continuously Variable Transmission (CVT)
Other Transmission
Based on Types the Market is categorized into Below types that held the largest Continuously Variable Transmission Torque Converter market share In 2023.
Single-stage Torque Converter
Multistage Torque Converter
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Continuously Variable Transmission Torque Converter Market Research Analysis
1. Introduction of the Global Continuously Variable Transmission Torque Converter Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Continuously Variable Transmission Torque Converter Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Continuously Variable Transmission Torque Converter Market, By Type
6. Global Continuously Variable Transmission Torque Converter Market, By Application
7. Global Continuously Variable Transmission Torque Converter Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Continuously Variable Transmission Torque Converter Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/