| Product Code: ETC5892162 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada torque converter market witnessed a steady increase in imports from 2020 to 2024, with a Compound Annual Growth Rate (CAGR) of 3.65%. Notably, there was a year-on-year growth rate of -13.48% in 2023-2024. Despite the decline in the last year, the overall trend showed a positive trajectory over the specified period.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Torque Converter Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Torque Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Torque Converter Market - Industry Life Cycle |
3.4 Canada Torque Converter Market - Porter's Five Forces |
3.5 Canada Torque Converter Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Canada Torque Converter Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Canada Torque Converter Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Canada Torque Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automatic transmission vehicles in Canada |
4.2.2 Technological advancements leading to improved torque converter efficiency |
4.2.3 Growing automotive industry in Canada |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting manufacturing costs |
4.3.2 Competition from substitute technologies such as dual-clutch transmissions |
5 Canada Torque Converter Market Trends |
6 Canada Torque Converter Market Segmentations |
6.1 Canada Torque Converter Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Torque Converter Market Revenues & Volume, By AT, 2021-2031F |
6.1.3 Canada Torque Converter Market Revenues & Volume, By CVT, 2021-2031F |
6.1.4 Canada Torque Converter Market Revenues & Volume, By DCT, 2021-2031F |
6.2 Canada Torque Converter Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Canada Torque Converter Market Revenues & Volume, By Clutch Plate, 2021-2031F |
6.2.3 Canada Torque Converter Market Revenues & Volume, By Damper, 2021-2031F |
6.2.4 Canada Torque Converter Market Revenues & Volume, By Impeller, 2021-2031F |
6.2.5 Canada Torque Converter Market Revenues & Volume, By Turbine, 2021-2031F |
6.2.6 Canada Torque Converter Market Revenues & Volume, By Stator, 2021-2031F |
6.3 Canada Torque Converter Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Canada Torque Converter Market Revenues & Volume, By Passenger Car , 2021-2031F |
6.3.3 Canada Torque Converter Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 Canada Torque Converter Market Import-Export Trade Statistics |
7.1 Canada Torque Converter Market Export to Major Countries |
7.2 Canada Torque Converter Market Imports from Major Countries |
8 Canada Torque Converter Market Key Performance Indicators |
8.1 Average fuel efficiency improvements in vehicles using torque converters |
8.2 Adoption rate of advanced torque converter technologies in Canada |
8.3 Number of new product launches and innovations in the torque converter market |
9 Canada Torque Converter Market - Opportunity Assessment |
9.1 Canada Torque Converter Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Canada Torque Converter Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Canada Torque Converter Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Canada Torque Converter Market - Competitive Landscape |
10.1 Canada Torque Converter Market Revenue Share, By Companies, 2024 |
10.2 Canada Torque Converter Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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