Press release
Turbocharger Market 2018 To 2022: Global Key Players - Honeywell, Borgwarner, IHI Corporation, Mitsubishi, Cummins, Bosch
April. 4, 2018 (NEWS) -- Turbocharger Market Research Report 2018 expands information on Turbocharger Market by by Vehicle Type (Passenger Car, LCV, HCV, Agricultural Tractor and Construction Equipment), Technology (Variable Geometry Turbocharger(VGT)/ Variable Nozzle Turbocharger(VNT), Wastegate, and Others), Fuel Type (Gasoline and Diesel), and by Regions. The global market of Turbocharger will grow at a rapid pace over the forecast period. Turbocharger is a type of forced induction system which increases an internal combustion engine’s power output and efficiency by forcing air into the combustion chamber.Market Scenario:
Stringent environmental regulations, increasing trend for opting better fuel economy and to enhance the engine performance will boost the demand for the turbocharger, as the turbocharger are more fuel efficient and improves the power of the automotive engine. Increasing demand for power generating automobile, need for fuel efficient engines will drive the passenger car segment of vehicle type and will have significant impact on the turbocharger market. The global Turbocharger market is expected to show a growth at CAGR of about 7.8% from 2016 to 2022.
Turbocharger Market Companies Analyzed in report:
Honeywell International Inc., Borgwarner Inc., IHI Corporation, Mitsubishi Heavy Industries Ltd., Cummins Inc., Continental AG, Eaton Corporation PLC, Bosch Mahle Turbo Systems GmbH & Co. Kg, Turbo Energy Private Limited, and Rotomaster International.
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Asia-Pacific is expected to dominate the turbocharger market in the forecast period and is followed by North America and Europe. Increased usage of vehicles, increasing need for power efficient passenger and commercial vehicles, high demand for fuel efficient engines in the economically emerging countries like China and India will drive the market of turbocharger in the Asia-Pacific region.
This study provides an overview of the global continuous turbocharger industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world. The scope of the study segments the global continuous turbocharger market based on vehicle type, technology and fuel.
Target Audience
Manufacturers of automotive turbochargers
Raw material suppliers for automotive turbochargers
Automotive OEMs
Government and research organization
Investment bankers and M&A Consultants
The report for Global Turbocharger Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Browse Full Report on Turbocharger Market @ https://www.marketresearchfuture.com/reports/turbocharger-market-1835
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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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