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Automotive Turbochargers Market 2018 Top Key Players: Mitsubishi Heavy Industries, Cummins Turbo Technologies, Borgwarner, Montupet, Bosch Mahle Turbo Systems, Banks Power, Magnum Performance Turbos, TEL, Linamar, Federal-Mogul, Weifang Fuyuan

08-01-2018 12:56 PM CET | Logistics & Transport

Press release from: Global Market Insights, Inc.

Automotive Turbochargers Market

Automotive Turbochargers Market

Market Overview:-

Global Automotive Turbochargers Market is expected to witness significant trends impacting its revenue generation. Engine downsizing is one such trend that has gained prominence among the manufacturers. It allows easy replacement of conventional engines with turbocharged engines with minimal impact on vehicle’s power and fuel efficiency. Electric turbocharger is another advancement that is featured with exhaust gas driven turbine and electric motor. It has gained traction owing to its advantages such as high boost pressure and faster response. These innovations will also induce immense potential to the industry size.

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VGT turbochargers are likely to witness significant growth, exhibiting over 8% CAGR from 2017 to 2024. Provision of benefits such as precise monitoring of particulate & NOx emissions, cost effectiveness as compared to the counterparts, lag time reduction, and enhanced engine efficiency will primarily drive the industry growth. Automotive turbocharger market from twin turbo will account for approximately USD 7 billion by 2024 owing to benefits including high power and acceleration.

Top Key Players:-

The key players of global Automotive Turbochargers Market are Linamar, Federal-Mogul, Weifang Fuyuan, Mitsubishi Heavy Industries, IHI Corporation, Cummins Turbo Technologies, Borgwarner, Montupet, Bosch Mahle Turbo Systems, Precision Turbo and Engine, Banks Power, Magnum Performance Turbos, and TEL.

Regional Segmentations:-

Europe is likely to dominate the global automotive turbochargers market over the forecast timeframe. Substantial revenue generation can be attributed to presence of established industry participants coupled with stringent emission regulations across the region.

Asia Pacific will exhibit more than 8% CAGR from 2017 to 2024 owing to rising demand from the countries such as China, South Korea, India, and Japan.

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Major Points of Table Of Content:-

3. Automotive Turbocharger Industry Insights

3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Suppliers
3.3.2. Manufacturers
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.4.1. OEM
3.3.4.2. Aftermarket
3.4. Comparison of turbo engine and non-turbo engine
3.5. Pricing analysis
3.5.1. By region
3.5.1.1. NA
3.5.1.2. Europe
3.5.1.3. APAC
3.5.1.4. LATAM
3.5.1.5. MEA
3.6. Cost structure analysis
3.6.1. Manufacturing cost
3.7. Technology landscape
3.7.1. Engine downsizing
3.7.2. Development of electric turbocharging system
3.8. Regulatory landscape
3.8.1. U.S.
3.8.2. EU
3.8.3. China
3.9. Industry impact forces
3.9.1. Growth drivers
3.9.1.1. North America
3.9.1.2. Europe
3.9.1.3. Asia Pacific
3.9.1.4. LATAM
3.9.1.5. MEA
3.9.2. Industry pitfalls & challenges
3.10. Innovation & sustainability
3.11. Growth potential analysis
3.12. Industry best practices and key buying criteria
3.12.1. Need recognition
3.12.2. Information search
3.12.3. Evaluation of alternatives
3.12.4. Purchase decision
3.12.5. Post purchase behavior
3.13. Porter's analysis
3.14. Competitive landscape, 2016
3.14.1. Company market share analysis
3.14.2. Strategy dashboard
3.15. PESTEL analysis

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Automotive turbochargers market from diesel will acquire highest volume share of more than 60% over the forecast timeframe. The diesel vehicles result in high carbon emissions and possess low fuel efficiency. This has resulted in high product demand, positively impacting the segment’s growth. Gasoline will witness over 8% CAGR till 2024 owing to shifting focus towards the fuel.

PCVs are anticipated to dominate automotive turbochargers market with more than 60% revenue share over the forecast timeframe. Rising production of the vehicle segment across the globe, particularly in emerging economies of Asia Pacific will primarily drive the industry growth. Rising demand from consumers for high power output and minimal loss in fuel efficiency will further support the industry dominance. Increasing domestic and international trading activities in various countries across the globe will fuel the automotive turbochargers market from HCVs.

OEMs dominated the automotive turbochargers market with over 90% share in 2016 and is likely to continue the same over the next eight years. Rising vehicle production across the globe along with mandatory norms regarding engine emissions will further support the industry dominance. Aftermarket will grow rapidly owing to high replacement needs in the engines of ageing vehicles to meet the regulatory norms.

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Auto Blog: http://freeautomotivenews.com
Email: sales@gminsights.com
Web: www.gminsights.com

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