An automotive turbocharger is a system that helps an engine to produce more power and torque through forced induction. The automotive turbocharger market is mainly driven by emission regulations, rising fuel cost globally, automotive sales and automotive production in the various countries. The turbocharger market includes turbochargers for new passenger and commercial vehicles as well as turbochargers for replacement use in the global aftermarket.
According to the report title, "Global Automotive Turbocharger Market, 2027", publish by Actual Market research, the automotive turbocharger market is anticipated to grow at a CAGR of10.56% in value terms in the forecast period. To improve the overall performance and efficiency of a vehicle's engine, different types of turbochargers are used in vehicles. According to the report, the turbocharger market is segregated into three major technology type i.e. variable geometry turbocharger (VGT), wastegate turbocharger and electric turbochargers. The Variable geometry turbocharger is leading the market with more than 65%of value share and it is expected to capture a higher market share in the forecast period. Follow by the wastegate turbocharger technology.
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The market is highly competitive, with a considerable number of regional and global players. At the same time, this report includes company profiling for the companies like - Garrett Motion Inc., Cummins Inc., Borgwarner Inc., Continental AG, Ishikawajima-Harima Heavy Industries Co., Limited, Mitsubishi Heavy Industries Limited, Turbo Energy Private Limited, Hunan Tyen Machinery Co., Ltd., Rotomaster International, BMTS Technology GmbH Co. KG, Fengcheng Xindongli Turbocharger Co., Limited, Bullseye Power Turbo Chargers LLC., The Turbo Engineers Gmbh, Kompressorenbau Bannewitz GmbH, Magnum Performance Turbos, Inc., Precision Turbo Engine Inc. , Turbonetics, Inc., Ningbo Motor Industrial Co., Ltd, Marelli Corporation and Banks Power.
Aspects covered in this report
- Global Automotive Turbocharger market with its value and forecast along with its segments
- Region-wise automotive turbocharger market analysis
- Various drivers and challenges
- On-going trends and developments
- Top profiled companies
- Strategic recommendation
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Conducts Overall the Global Automotive Turbocharger Market Market Segmentation:
Types of Technology in the report:
- Variable Geometry Turbocharger
- Wastegate Turbocharger
- Electric Turbocharger
By Vehicle Type in the report:
- Passenger Vehicle
- Commercial Vehicle
Type of Fuel in the report:
- Gasoline
- Diesel
Type of Sales Channel in the report:
- Original Equipment Manufacturer
- Aftermarket
By Market
(Overall, North America, Latin America, Europe, Asia Pacific Middle East- Africa)
By Country
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia)
- Asia-Pacific (China, Japan, India, Australia, South Korea)
- Latin America (Brazil, Argentina, Columbia)
- Middle-East Africa (UAE, Saudi Arabia, South Africa)
By Company
Garrett Motion Inc., Cummins Inc., Borgwarner Inc., Continental AG, Ishikawajima-Harima Heavy Industries Co., Limited, Mitsubishi Heavy Industries Limited, Turbo Energy Private Limited, Hunan Tyen Machinery Co., Ltd., Rotomaster International, BMTS Technology GmbH Co. KG, Fengcheng Xindongli Turbocharger Co., Limited, Bullseye Power Turbo Chargers LLC., The Turbo Engineers Gmbh, Kompressorenbau Bannewitz GmbH, Magnum Performance Turbos, Inc., Precision Turbo Engine Inc. , Turbonetics, Inc., Ningbo Motor Industrial Co., Ltd, Marelli Corporation and Banks Power.
Regions covered in the Global Automotive Turbocharger Market market report 2027:
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia)
- Asia-Pacific (China, Japan, India, Australia, South Korea)
- Latin America (Brazil, Argentina, Columbia)
- Middle-East Africa (UAE, Saudi Arabia, South Africa)
The global COVID-19 pandemic has created unparalleled challenges for the auto industry in the short-term.COVID-19 pandemic situation has resulted in diminish in automotive production which is directly proportionate to the decline in the automotive turbocharger market. On the other side, the pandemic situation has enforced the various firms in the turbocharger market to adopt new technologies during the operation, which will create a better chance for the growth of the turbocharger market.
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Table of Contents
- Executive Summary
- Report Methodology
- Market Structure
3.1. Market Considerate
3.2. Market Definition
- Economic /Demographic Snapshot
- Global Automotive Turbocharger Market Outlook
5.1. Market Size by Value
5.2. Market Share
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