Press release
Scope in Global Automotive Turbocharger Market: Trends, Price, Revenue, Share, Growth and Forecast Until 2022
The global market discussion on automotive turbocharger industry can be found in the latest study by Fact.MR, which has been freshly added to its massive collection of research database. The report is titled “Automotive Turbocharger Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which works to enlighten the readers about the major factors prompting the growth of the concerned market. Apart from that, the research majorly focuses on automotive turbocharger market’s competitive outlook by profiling major players functioning across the globe. As the report moves ahead, information regarding the prominent trends as well as opportunities in the key geographical segments have also been elaborated, thus enabling companies to be able to make region-specific strategies for gaining competitive lead. Some of the prime regions emphasized in the study include key regions.Request for Sample Report- https://www.factmr.com/connectus/sample?flag=S&rep_id=16
Automobile manufacturers from around the world are under pressure of stringent emission regulations. While these regulations may marginally differ from region to region, manufacturers are in no position to overlook them. Automotive turbochargers are devices that help automakers satisfy these emission norms before making their offerings commercial available in global automotive markets. The significance of automotive turbochargers is keeping automobile engines clean is driving their demand globally. Fact.MR’s latest report on the global automotive turbochargers market reveals that in 2017, over US$ 15 Bn worth of automotive turbochargers were sold across the globe.
Rising adoption of automotive turbochargers is also instrumented by shifting drivetrain technologies and availability of fuel alternatives. Consumers’ inclination towards alternative fuel engines is, however, expected to lower the market’s growth simply due to lack of advanced automotive turbochargers that can be compatible to all engine types. Moreover, fluctuating prices of commodities and components in the automotive world is also impacting automotive turbocharger manufacturers. The report distinctly projects a sluggish growth for the global automotive turbochargers market. Towards the end of 2022, the global automotive turbochargers market will soar at a moderate CAGR of 4.7%, bringing in revenues worth a little over US$ 19 Bn.
Pendulum Swing between Gasoline and Diesel Now in Favour of the former
The two main automobile fuels are gasoline and diesel and there is always a tug-of-war between the two depending on numerous factors such as governmental subsidies in favour of a particular fuel or the market preferences. At present gasoline accounts for three-fifth revenue share by engine type in the automotive turbocharger market and the segment is poised to grow to almost US$ 11 billion by the end of the forecast period. North America in particular has a strong affinity for gasoline and manufacturers are advised to focus on this highly lucrative and affluent region of the automotive turbocharger market. Diesel naturally occupies the balance revenue share and is anticipated to be worth a few billion dollars in 2017.
Cost-conscious customers’ Huge Segment of Automotive Turbocharger Market
It seems to be a volumes game in the automotive turbocharger market as the low-cost segment comprises more than half the automotive turbocharger market in terms of price. With a steady CAGR from 2017-2022, the low-cost segment is likely to be worth just under US$10 billion by the end of the forecast period. The mid-size segment is also quite important as it represents one-third of the revenue share and is anticipated to have a market value of double-digit billion dollars for the year 2017. Even though the high-price segment is the smallest in the automotive turbocharger market, it is critical from a profitability point of view and key stakeholders should go after this segment with all guns blazing.
Passenger Cars Greater than LCV and HCV in Automotive Turbocharger Market
Passenger cars have the largest portion of the automotive turbocharger market with a revenue share touching 60% in 2017 that is larger than that of the LCV and HCV segment combined. Thus, it would not be surprising if major players focus all their attention on the high-profile passenger cars segment as it is estimated to be an US$11 billion market at the end of the five year study period. As a result of a well-developed road infrastructure, affluent population, and highly affordable gasoline prices, North America is the largest contributor to the passenger car segment in the automotive turbocharger market. A steady CAGR from 2017-2022 is enough to make manufacturers salivate at their prospects in this region of the automotive turbocharger market. In addition to this, passenger cars will remain the dominant vehicle segment for automotive turbochargers pertaining to customization needs of vehicle owners, which includes boosting the car’s performance.
Browse Full Report with TOC- https://www.factmr.com/report/16/automotive-turbocharger-market
Table of Content:
Chapter 1. Global Automotive Turbocharger Market – Executive Summary. 28
Chapter 2. Global Automotive Turbocharger Market Overview. 30
2.1. Introduction. 30
2.1.1. Global Automotive Turbocharger Market Taxonomy. 30
2.1.2. Global Automotive Turbocharger Market Definition. 30
2.2. Global Automotive Turbocharger Market Size (US$ Mn) and Forecast, 2012-2022. 30
2.2.1. Global Automotive Turbocharger Market Y-o-Y Growth. 30
2.3. Global Automotive Turbocharger Market: Macroeconomic Factors. 31
2.3.1. Economic Outlook. 31
2.3.2. Inflation and Deflation. 31
2.3.3. Supply chain Issues. 32
2.4. Global Automotive Turbocharger Market Dynamics. 32
2.4.1. Drivers. 32
2.4.2. Trends. 32
2.4.3. Rising Complexity Influencing Greater Emphasis on Platformimg. 32
2.5. Supply Chain. 33
2.6. Cost Structure. 33
2.7. Key Participants Market Presence (Intensity Map) By Region. 34
Chapter 3. Global Automotive Turbocharger Market Analysis and Forecast By Engine Type. 35
3.1. Global Automotive Turbocharger Market Size and Forecast By Engine Type, 2012-2022. 35
3.1.1. Diesel Engine Automotive Turbocharger Market Size and Forecast, 2012-2022. 35
3.1.1.1. Revenue (US$ Mn) Comparison, By Region. 35
3.1.1.2. Market Share Comparison, By Region. 36
3.1.1.3. Y-o-Y growth Comparison, By Region. 37
3.1.2. Gasoline Engine Automotive Turbocharger Market Size and Forecast, 2012-2022. 38
3.1.2.1. Revenue (US$ Mn) Comparison, By Region. 38
3.1.2.2. Market Share Comparison, By Region. 39
3.1.2.3. Y-o-Y growth Comparison, By Region. 40
Continued….
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized automotive market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
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