Press release
Asia Pacific to Rank #1 in the Growth of the Global Automotive Turbochargers Market through 2026|Growing Industry analysis with HI Corporation, Honeywell International Inc., MAHLE GmbH, BorgWarner Inc., Robert Bosch GmbH, Delphi Technologies, Eaton, Cummi
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Global automotive turbochargers market is poised to surpass a remarkable CAGR of over 5%, which can be accredited to several factors. Owing to the stringent regulations of the government bodies to control global warming, several stringent policies have been legislated, which have boosted the demand for automotive turbochargers.
Increasing demand for automotive with enhanced fuel efficiency have prompted the manufacturers of the automotive industry to adopt turbochargers in the manufacturing of contemporary engines. This has been a key factor driving the growth of the automotive turbochargers market at the global level. Aforementioned valuable insights have been culled from a recently published report titled, “Automotive Turbocharger Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 – 2026”, which has been updated in the repository of Market Research Report Search Engine (MRRSE).
Deeper penetration of automotive turbochargers have been witnessed in the automotive industry, owing to its intrinsic property to assist the operation of small engine with minimal emission. Attracted by the high success rate of automotive turbochargers, developments and innovations have been envisaged for the market and e-turbochargers are anticipated to replace the existing turbochargers, anytime soon in the forthcoming future.
Asia Pacific, owing to the large concentration of automotive industries, is projected to rank #1 in the manufacturing of automotive turbochargers market during the predicted period. Aforementioned factors collectively are foreseen to contribute to the growth of the automotive turbochargers market at an impressive CAGR of over 5% through 2026.
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The comprehensive market study on the automotive turbochargers market has been predicted for the duration 2018 – 2026. The brief report lends an analytical view on the regional as well as global market in terms of volume (Mn units) and revenue (US$ Mn). Various demand drivers, restraints, opportunities, and threats have been analyzed and incorporated in this report.
Value chain analysis have been incorporated in the report, which provides a holistic view on the global automotive turbocharger market. A detailed study on market attractiveness has been encapsulated in this report, which underlines the major segments of the market. The market has been analyzed, depending on the engine, technology, operation, region, vehicle, and sales channel. An elaborative information on the historic, present, and future trends of the market have been included in this report. The automotive turbochargers market has been forecasted based on variables such as economic, regulatory, political, geographical, and technological.
Geographically, the report has been analyzed on the regions such as Asia Pacific, Europe, Latin America, North America, and Middle East and Africa. A detailed outlook on the market for sub-regions is also incorporated in this report.
The leading players in the automotive turbochargers market constitute of IHI Corporation, Honeywell International Inc., MAHLE GmbH, BorgWarner Inc., Robert Bosch GmbH, Delphi Technologies, Eaton, Cummins Inc., Continental AG, Cardone Industries, and Mitsubishi Heavy Industries Ltd. A detailed analysis on each of these companies have been incorporated in this report along with their financials, market share, market size, and business strategies.
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