Press release
Automotive Turbocharger Market By Top Players - Delphi Technologies, Borgwarner, Continental AG, Mitsubishi Heavy Industries, Honeywell, IHI, ABB, Eaton, Bosch Mahle and Tel
According to Verified Market Intelligence, The Global Automotive Turbocharger Market was valued at USD 14.9 Billion in 2017 and is projected to reach USD 31.08 Billion by 2025, growing at a CAGR of 9.1% from 2018 to 2025.
What is Automotive Turbocharger?
A turbocharger is an induction device that is driven by turbines. A turbocharger increases an internal combustion engine’s power output as well as the efficiency by pushing the compressed air into the combustion chamber. The turbocharger increases the power output of an engine during severe operating conditions. Turbochargers are a kind of forced induction system by which the compression of the air allows for more fuel to be able to be added. A turbocharger in comparison to non-charged engine produces much more power, which has the potential to better the power to weight ratio of an engine. Due to rising advancements, the Global Automotive Turbocharger Market is growing.
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Global Automotive Turbocharger Market Outlook
The automotive turbocharger has several advantages such as its ability to increase the fuel capacity of an engine as well as a significant increase in the overall power production of the engine. These factors are driving the Global Automotive Turbocharger Market. Factors such as the lack of awareness among the general public about automotive engines as well as the price of the turbochargers are restraining the market’s growth.
Global Automotive Turbocharger Market Competitive Landscape
The “Global Automotive Turbocharger Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Delphi Technologies, Borgwarner, Continental AG, Mitsubishi Heavy Industries, Honeywell, IHI, ABB, Eaton, Bosch Mahle and Tel. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
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Global Automotive Turbocharger Market Segmentation, by Fuel Type
Diesel
Gasoline
Global Automotive Turbocharger Market Segmentation, by Material
Cast Iron
Aluminum
Others
Global Automotive Turbocharger Market Segmentation, by Vehicle Type
Passenger Car
Light Commercial Vehicle (LCV)
Truck
Bus
Global Automotive Turbocharger Market Segmentation, by Technology
VGT/VNT Turbocharger
Wastegate Turbocharger
Electric Turbocharger
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Global Automotive Turbocharger Market Geographic Scope
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Rest of the World
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