| Product Code: ETC5892191 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Hong Kong saw an increase in torque converter import shipments, with top exporting countries being Japan, USA, South Korea, China, and Singapore. The market concentration, as measured by the HHI index, remained high in 2024, indicating a competitive landscape. Despite a slight decline in the CAGR from 2020 to 2024, there was a significant growth rate of 19.52% from 2023 to 2024, suggesting a positive momentum in the market for torque converters in Hong Kong.

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 Hong Kong Torque Converter Market Overview |
3.1 Hong Kong Country Macro Economic Indicators |
3.2 Hong Kong Torque Converter Market Revenues & Volume, 2021 & 2031F |
3.3 Hong Kong Torque Converter Market - Industry Life Cycle |
3.4 Hong Kong Torque Converter Market - Porter's Five Forces |
3.5 Hong Kong Torque Converter Market Revenues & Volume Share, By Transmission Type, 2021 & 2031F |
3.6 Hong Kong Torque Converter Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 Hong Kong Torque Converter Market Revenues & Volume Share, By Vehicle, 2021 & 2031F |
4 Hong Kong Torque Converter Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automatic transmission vehicles in Hong Kong. |
4.2.2 Growing automotive industry in the region. |
4.2.3 Technological advancements leading to improved torque converter efficiency. |
4.3 Market Restraints |
4.3.1 High initial cost of torque converters impacting adoption rates. |
4.3.2 Fluctuating raw material prices affecting manufacturing costs. |
4.3.3 Stringent government regulations related to emissions and fuel efficiency. |
5 Hong Kong Torque Converter Market Trends |
6 Hong Kong Torque Converter Market Segmentations |
6.1 Hong Kong Torque Converter Market, By Transmission Type |
6.1.1 Overview and Analysis |
6.1.2 Hong Kong Torque Converter Market Revenues & Volume, By AT, 2021-2031F |
6.1.3 Hong Kong Torque Converter Market Revenues & Volume, By CVT, 2021-2031F |
6.1.4 Hong Kong Torque Converter Market Revenues & Volume, By DCT, 2021-2031F |
6.2 Hong Kong Torque Converter Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 Hong Kong Torque Converter Market Revenues & Volume, By Clutch Plate, 2021-2031F |
6.2.3 Hong Kong Torque Converter Market Revenues & Volume, By Damper, 2021-2031F |
6.2.4 Hong Kong Torque Converter Market Revenues & Volume, By Impeller, 2021-2031F |
6.2.5 Hong Kong Torque Converter Market Revenues & Volume, By Turbine, 2021-2031F |
6.2.6 Hong Kong Torque Converter Market Revenues & Volume, By Stator, 2021-2031F |
6.3 Hong Kong Torque Converter Market, By Vehicle |
6.3.1 Overview and Analysis |
6.3.2 Hong Kong Torque Converter Market Revenues & Volume, By Passenger Car , 2021-2031F |
6.3.3 Hong Kong Torque Converter Market Revenues & Volume, By Commercial Vehicle, 2021-2031F |
7 Hong Kong Torque Converter Market Import-Export Trade Statistics |
7.1 Hong Kong Torque Converter Market Export to Major Countries |
7.2 Hong Kong Torque Converter Market Imports from Major Countries |
8 Hong Kong Torque Converter Market Key Performance Indicators |
8.1 Average fuel efficiency of vehicles using torque converters. |
8.2 Adoption rate of automatic transmission vehicles in Hong Kong. |
8.3 Rate of technological innovation in torque converters. |
9 Hong Kong Torque Converter Market - Opportunity Assessment |
9.1 Hong Kong Torque Converter Market Opportunity Assessment, By Transmission Type, 2021 & 2031F |
9.2 Hong Kong Torque Converter Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 Hong Kong Torque Converter Market Opportunity Assessment, By Vehicle, 2021 & 2031F |
10 Hong Kong Torque Converter Market - Competitive Landscape |
10.1 Hong Kong Torque Converter Market Revenue Share, By Companies, 2024 |
10.2 Hong Kong 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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