Automotive Turbocharger Market 2017: Global Opportunity, Strategic Analysis, Industry Demand, Status, Outlook and Statistical Forecast to 2022

A freshly compiled business intelligent report, titled “Automotive Turbocharger Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This _ page study delivers all the vital details and information required to know about “Automotive Turbocharger” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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Automotive turbochargers are turbine-driven forced induction devices that boost the efficiency and power output of internal combustion engines by channeling extra air pressure into combustion chamber. These devices are used for forcing more fuel into combustion chamber when the vehicle’s atmospheric pressure fails to facilitate desired power output for the engine. Turbochargers are weighed by car manufacturers as a viable commodity that can keep fossil fuel engines cleaner. While rising automobile production is being directly linked with global environmental deterioration, fuel economy standards are favoring the production of cars and vehicles with turbocharged engines. Recent technological developments have introduced advanced turbochargers with improved valve designs that enhance the vehicle’s performance in low-speed as well as high-speed conditions. Automotive turbochargers developed on wastegate technologies are transforming diesel engines by reducing emissions. Turbochargers are also lucrative for automobile manufacturers who are making efforts towards engine downsizing.

Scope

The scope of the report is to analyze the global automotive turbochargers market for the period 2017-2022 and give readers an accurate, unbiased analysis. Automotive turbocharger manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Summary

The report begins with a concise summary of the global automotive turbochargers market. This executive summary sets the tone for the rest of the report, giving users the scope of the report. The executive summary includes important facts and statistics on the global automotive turbochargers market.

Downsizing and Focus on cost to Impact Automotive Turbocharger Market

Rising fuel prices has directly affected the sales of automobiles across the globe which in turn is spurring adoption of innovative technologies such as turbochargers and direct injection engines. OEM’s have begun fine tuning turbochargers to cater to their customers’ demands which is driving the automotive turbocharger market. The global automotive turbocharger market will grow by a substantial value in the period 2017-2022 and touch US$ 19 billion at the end of 2022, representing a steady CAGR.

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.

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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.

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