The global market for Hydraulic Torque Converters was estimated to be worth US$ 2591 million in 2024 and is forecast to a readjusted size of US$ 2173 million by 2031 with a CAGR of -1.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Hydraulic Torque Converters cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global hydraulic torque converter production reached approximately 27.16 million units, with an average global market price of around US$95.4 per unit. A hydraulic torque converter is a type of fluid coupling used to transfer rotating power from an engine to a driven load, typically in vehicles and industrial machinery. It allows the engine to spin somewhat independently of the transmission, enabling smooth acceleration and torque multiplication, especially at low speeds. The torque converter consists of three main components: the pump (or impeller), the turbine, and the stator. These components work together to transfer and amplify torque using transmission fluid. Hydraulic torque converters are essential in automatic transmissions, construction equipment, agricultural machinery, and marine applications, where smooth power delivery and variable torque output are required.
The global market for hydraulic torque converters is shaped by a combination of factors, including industrial automation, the growth of heavy machinery usage, and the ongoing development of the construction and agricultural sectors. These converters are vital in applications that demand variable torque transmission and smooth power transfer under changing load conditions. As industries such as mining, infrastructure development, and agriculture continue to grow-particularly in emerging economies-the demand for heavy-duty equipment equipped with hydraulic torque converters increases in parallel. Their durability and ability to handle high-load and low-speed operations make them a preferred choice in harsh working environments.
Technological advancements have also improved the performance and efficiency of torque converters. Innovations in materials, fluid dynamics, and electronic control integration have resulted in lighter, more responsive, and more energy-efficient designs. In the automotive sector, hydraulic torque converters remain integral to traditional automatic transmissions, especially in trucks, buses, and off-highway vehicles, although their role is being challenged by the rise of alternative transmission technologies such as dual-clutch systems and electric drivetrains.
In regions like Asia-Pacific, strong industrial activity and infrastructure investment are driving market growth. Meanwhile, in developed markets such as North America and Europe, demand is sustained by the need for high-performance construction machinery and modernized agricultural equipment. While the push for electrification and efficiency may gradually shift some applications away from traditional hydraulic systems, the robustness and proven reliability of hydraulic torque converters ensure their continued relevance in many sectors for the foreseeable future.
This report aims to provide a comprehensive presentation of the global market for Hydraulic Torque Converters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Hydraulic Torque Converters by region & country, by Type, and by Application.
The Hydraulic Torque Converters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydraulic Torque Converters.
Market Segmentation
By Company
- EXEDY
- ZF
- Valeo Kapec
- Yutaka Giken
- Schaeffler
- JATCO
- Allison Transmission
- Precision of New Hampton
- Shaanxi Aerospace Power Hi-tech
- Huayu Automotive Systems
- Chongqing Hongyu
- Anhui Heli
- Bengbu Huatai Hydraulic Convert Torque
- Tieliu
Segment by Type
- Single-stage Torque Converter
- Multi-stage Torque Converter
Segment by Application
- Passenger Cars
- Industrial and Engineering Vehicles
- Commercial Vehicles
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Hydraulic Torque Converters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Hydraulic Torque Converters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Hydraulic Torque Converters in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Hydraulic Torque Converters Product Introduction
- 1.2 Global Hydraulic Torque Converters Market Size Forecast
- 1.2.1 Global Hydraulic Torque Converters Sales Value (2020-2031)
- 1.2.2 Global Hydraulic Torque Converters Sales Volume (2020-2031)
- 1.2.3 Global Hydraulic Torque Converters Sales Price (2020-2031)
- 1.3 Hydraulic Torque Converters Market Trends & Drivers
- 1.3.1 Hydraulic Torque Converters Industry Trends
- 1.3.2 Hydraulic Torque Converters Market Drivers & Opportunity
- 1.3.3 Hydraulic Torque Converters Market Challenges
- 1.3.4 Hydraulic Torque Converters Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Hydraulic Torque Converters Players Revenue Ranking (2024)
- 2.2 Global Hydraulic Torque Converters Revenue by Company (2020-2025)
- 2.3 Global Hydraulic Torque Converters Players Sales Volume Ranking (2024)
- 2.4 Global Hydraulic Torque Converters Sales Volume by Company Players (2020-2025)
- 2.5 Global Hydraulic Torque Converters Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Hydraulic Torque Converters Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Hydraulic Torque Converters Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Hydraulic Torque Converters
- 2.9 Hydraulic Torque Converters Market Competitive Analysis
- 2.9.1 Hydraulic Torque Converters Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Hydraulic Torque Converters Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Hydraulic Torque Converters as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Single-stage Torque Converter
- 3.1.2 Multi-stage Torque Converter
- 3.2 Global Hydraulic Torque Converters Sales Value by Type
- 3.2.1 Global Hydraulic Torque Converters Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Hydraulic Torque Converters Sales Value, by Type (2020-2031)
- 3.2.3 Global Hydraulic Torque Converters Sales Value, by Type (%) (2020-2031)
- 3.3 Global Hydraulic Torque Converters Sales Volume by Type
- 3.3.1 Global Hydraulic Torque Converters Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Hydraulic Torque Converters Sales Volume, by Type (2020-2031)
- 3.3.3 Global Hydraulic Torque Converters Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Hydraulic Torque Converters Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Passenger Cars
- 4.1.2 Industrial and Engineering Vehicles
- 4.1.3 Commercial Vehicles
- 4.1.4 Others
- 4.2 Global Hydraulic Torque Converters Sales Value by Application
- 4.2.1 Global Hydraulic Torque Converters Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Hydraulic Torque Converters Sales Value, by Application (2020-2031)
- 4.2.3 Global Hydraulic Torque Converters Sales Value, by Application (%) (2020-2031)
- 4.3 Global Hydraulic Torque Converters Sales Volume by Application
- 4.3.1 Global Hydraulic Torque Converters Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Hydraulic Torque Converters Sales Volume, by Application (2020-2031)
- 4.3.3 Global Hydraulic Torque Converters Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Hydraulic Torque Converters Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Hydraulic Torque Converters Sales Value by Region
- 5.1.1 Global Hydraulic Torque Converters Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Hydraulic Torque Converters Sales Value by Region (2020-2025)
- 5.1.3 Global Hydraulic Torque Converters Sales Value by Region (2026-2031)
- 5.1.4 Global Hydraulic Torque Converters Sales Value by Region (%), (2020-2031)
- 5.2 Global Hydraulic Torque Converters Sales Volume by Region
- 5.2.1 Global Hydraulic Torque Converters Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Hydraulic Torque Converters Sales Volume by Region (2020-2025)
- 5.2.3 Global Hydraulic Torque Converters Sales Volume by Region (2026-2031)
- 5.2.4 Global Hydraulic Torque Converters Sales Volume by Region (%), (2020-2031)
- 5.3 Global Hydraulic Torque Converters Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Hydraulic Torque Converters Sales Value, 2020-2031
- 5.4.2 North America Hydraulic Torque Converters Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Hydraulic Torque Converters Sales Value, 2020-2031
- 5.5.2 Europe Hydraulic Torque Converters Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Hydraulic Torque Converters Sales Value, 2020-2031
- 5.6.2 Asia Pacific Hydraulic Torque Converters Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Hydraulic Torque Converters Sales Value, 2020-2031
- 5.7.2 South America Hydraulic Torque Converters Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Hydraulic Torque Converters Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Hydraulic Torque Converters Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Hydraulic Torque Converters Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Hydraulic Torque Converters Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Hydraulic Torque Converters Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Hydraulic Torque Converters Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Hydraulic Torque Converters Sales Value, 2020-2031
- 6.3.2 United States Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Hydraulic Torque Converters Sales Value, 2020-2031
- 6.4.2 Europe Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Hydraulic Torque Converters Sales Value, 2020-2031
- 6.5.2 China Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Hydraulic Torque Converters Sales Value, 2020-2031
- 6.6.2 Japan Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Hydraulic Torque Converters Sales Value, 2020-2031
- 6.7.2 South Korea Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Hydraulic Torque Converters Sales Value, 2020-2031
- 6.8.2 Southeast Asia Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Hydraulic Torque Converters Sales Value, 2020-2031
- 6.9.2 India Hydraulic Torque Converters Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Hydraulic Torque Converters Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 EXEDY
- 7.1.1 EXEDY Company Information
- 7.1.2 EXEDY Introduction and Business Overview
- 7.1.3 EXEDY Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 EXEDY Hydraulic Torque Converters Product Offerings
- 7.1.5 EXEDY Recent Development
- 7.2 ZF
- 7.2.1 ZF Company Information
- 7.2.2 ZF Introduction and Business Overview
- 7.2.3 ZF Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 ZF Hydraulic Torque Converters Product Offerings
- 7.2.5 ZF Recent Development
- 7.3 Valeo Kapec
- 7.3.1 Valeo Kapec Company Information
- 7.3.2 Valeo Kapec Introduction and Business Overview
- 7.3.3 Valeo Kapec Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Valeo Kapec Hydraulic Torque Converters Product Offerings
- 7.3.5 Valeo Kapec Recent Development
- 7.4 Yutaka Giken
- 7.4.1 Yutaka Giken Company Information
- 7.4.2 Yutaka Giken Introduction and Business Overview
- 7.4.3 Yutaka Giken Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Yutaka Giken Hydraulic Torque Converters Product Offerings
- 7.4.5 Yutaka Giken Recent Development
- 7.5 Schaeffler
- 7.5.1 Schaeffler Company Information
- 7.5.2 Schaeffler Introduction and Business Overview
- 7.5.3 Schaeffler Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Schaeffler Hydraulic Torque Converters Product Offerings
- 7.5.5 Schaeffler Recent Development
- 7.6 JATCO
- 7.6.1 JATCO Company Information
- 7.6.2 JATCO Introduction and Business Overview
- 7.6.3 JATCO Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 JATCO Hydraulic Torque Converters Product Offerings
- 7.6.5 JATCO Recent Development
- 7.7 Allison Transmission
- 7.7.1 Allison Transmission Company Information
- 7.7.2 Allison Transmission Introduction and Business Overview
- 7.7.3 Allison Transmission Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Allison Transmission Hydraulic Torque Converters Product Offerings
- 7.7.5 Allison Transmission Recent Development
- 7.8 Precision of New Hampton
- 7.8.1 Precision of New Hampton Company Information
- 7.8.2 Precision of New Hampton Introduction and Business Overview
- 7.8.3 Precision of New Hampton Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Precision of New Hampton Hydraulic Torque Converters Product Offerings
- 7.8.5 Precision of New Hampton Recent Development
- 7.9 Shaanxi Aerospace Power Hi-tech
- 7.9.1 Shaanxi Aerospace Power Hi-tech Company Information
- 7.9.2 Shaanxi Aerospace Power Hi-tech Introduction and Business Overview
- 7.9.3 Shaanxi Aerospace Power Hi-tech Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Shaanxi Aerospace Power Hi-tech Hydraulic Torque Converters Product Offerings
- 7.9.5 Shaanxi Aerospace Power Hi-tech Recent Development
- 7.10 Huayu Automotive Systems
- 7.10.1 Huayu Automotive Systems Company Information
- 7.10.2 Huayu Automotive Systems Introduction and Business Overview
- 7.10.3 Huayu Automotive Systems Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Huayu Automotive Systems Hydraulic Torque Converters Product Offerings
- 7.10.5 Huayu Automotive Systems Recent Development
- 7.11 Chongqing Hongyu
- 7.11.1 Chongqing Hongyu Company Information
- 7.11.2 Chongqing Hongyu Introduction and Business Overview
- 7.11.3 Chongqing Hongyu Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Chongqing Hongyu Hydraulic Torque Converters Product Offerings
- 7.11.5 Chongqing Hongyu Recent Development
- 7.12 Anhui Heli
- 7.12.1 Anhui Heli Company Information
- 7.12.2 Anhui Heli Introduction and Business Overview
- 7.12.3 Anhui Heli Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Anhui Heli Hydraulic Torque Converters Product Offerings
- 7.12.5 Anhui Heli Recent Development
- 7.13 Bengbu Huatai Hydraulic Convert Torque
- 7.13.1 Bengbu Huatai Hydraulic Convert Torque Company Information
- 7.13.2 Bengbu Huatai Hydraulic Convert Torque Introduction and Business Overview
- 7.13.3 Bengbu Huatai Hydraulic Convert Torque Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Bengbu Huatai Hydraulic Convert Torque Hydraulic Torque Converters Product Offerings
- 7.13.5 Bengbu Huatai Hydraulic Convert Torque Recent Development
- 7.14 Tieliu
- 7.14.1 Tieliu Company Information
- 7.14.2 Tieliu Introduction and Business Overview
- 7.14.3 Tieliu Hydraulic Torque Converters Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Tieliu Hydraulic Torque Converters Product Offerings
- 7.14.5 Tieliu Recent Development
8 Industry Chain Analysis
- 8.1 Hydraulic Torque Converters Industrial Chain
- 8.2 Hydraulic Torque Converters Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Hydraulic Torque Converters Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Hydraulic Torque Converters Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer