New large scope report on Global Turbocharger Market 2019-2025 Top Key Players like- Honeywell, BorgWarner, MHI, IHI, Cummins

QY Research has announced the release of a new report, titled “Global Turbocharger Regional Outlook 2019.”

Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air following into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.

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The global Turbocharger market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:

Honeywell, BorgWarner, MHI, IHI, Cummins, Bosch Mahle, Continental, Mitsubishi Heavy Industries Ltd. , Cummins Inc., Eaton Corporation PLC, Turbo Energy Private Limited, Rotomaster International, Magnum Performance Turbos, Precision Turbo and Engine

Emission Regulation is the major factor, which is driving the turbocharger market. Though most of the countries are concerned about the environmental effects of the automotive emissions, regions like Europe and North America are focusing on emission regulations.

The Euro standards are considered to be the toughest and are followed in countries such as China, and India. These stringent Euro standards are the reasons for vehicles, in the European region, to be turbocharged. Almost every 2 out of 3 vehicles in Europe are turbocharged and is expected to be 3 out of every 4, by 2022. China, owing to its overriding environmental concerns, is poised to be the fastest growing market for turbochargers, followed by India.

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This report focuses on Turbocharger volume and value at global level, regional level and company level. From a global perspective, this report represents overall Turbocharger market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

Segment by Regions :

North America, Europe, China, Japan

Segment by Type :

Diesel Engine Turbocharger, Gasoline Engine Turbocharger, New Energy Engine Turbocharger

Segment by Application :

On-Highway: Passenger Car, LCV, HCV, Off-Highway: Agricultural Tractors, Construction Vehicles

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This release was published on openPR.