Press release
Automotive Turbochargers Market Is Projected To Reach Nearly USD 31.05 billion with Impressive CAGR 9.27% | Global forecast till 2022
Automotive Turbochargers Market
Global Automotive Turbochargers Market valued approximately USD 13.98 billion in 2016 is forecasted to grow with a healthy growth rate of more than 9.27% over the forecast period 2018-2025
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Global Automotive Turbochargers Market to reach USD 31.05 billion by 2025. The major factors speculated to augment the markets are rising requirement for commercial vehicles to boost the turbochargers market, and growing strictness in fuel efficiency & emission regulations to bolster the market for automotive turbochargers. turbocharger for gasoline engines, and imminent requirements for electric turbochargers are probable opportunity areas of the growth for the market.
A Turbocharger, (originally called turbosuperchargers), is a turbine-driven forced induction device which upsurges an internal combustion engine's power output and efficiency by forcing additional compressed air into the combustion chamber.
Asia Pacific is the leading region across the world in terms of market share due to the betterment of socio-economic condition in evolving economies like India, China, Thailand and Indonesia. Whereas, North America region is expected to exhibit higher growth rate / CAGR over the forecast period 2018-2025 crediting to rising stringency in the emission norms.
Key Players:
1 IHI Corporation
2 Turbo Energy Private Ltd. (TEL)
3 BorgWarner
4 Bosch Mahle
5 Honeywell International Inc
6 Montupet
7 Cummins Inc. and more...
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Segments and sub-segment by:
Regions:
1 North America Country (United States, Canada)
2 Latin America (Brazil, Mexico)
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Technology:
1 Electric
2 Variable Nozzle Turbocharger (VNT)/ Variable Geometry Turbocharger (VGT)
3 Watergate
4 Others
Fuels:
1 Diesel
2 Gasoline
3 Others
Vehicle:
1 Agriculture Tractors
2 Construction Equipment
3 Passenger Car
4 Bus
5 Light Commercial Vehicle (LCV)
6 Others
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Table of Content:
1 Global Automotive Turbochargers Market Definition & Scope
2Research Methodology
3Executive Summary
4Global Automotive Turbochargers Market Dynamics
5 Global Automotive Turbochargers Market by Technology
6 Global Automotive Turbochargers Market by Fuel
7 Global Automotive Turbochargers Market by Vehicle
8 Global Automotive Turbochargers Market, Regional Analysis
9 Competitive Intelligence
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