Press release
Global Automotive Turbo Charger Market Will Grow Pervasively by Prominent Players Honeywell,• Continental AG ,Cummins,ABB Etc
Global Automotive Turbo Charger Market Size study, by Vehicle Type (Passenger Car, Light Commercial Vehicle (LCV), Truck and Bus)
Global Automotive Turbo Charger Market to reach USD 31.5 billion by 2025.
Global automotive turbo charger market valued approximately USD 14.6 billion in 2017 is anticipated to grow with a healthy growth rate of more than 9.75% over the forecast period 2018-2025. The rapid growth of commercial vehicles across the globe is fueling the growth of global automotive turbocharger market. Stringent government regulation regarding carbon emission is also driving the market growth over the forecast period. According to report of China Association of Automobile Manufacturers (CAAM) in 2018, the production and sales of commercial vehicles reached 295,000 and 313,000 units respectively in China.
According to report of American Automobile Council in 2016, United States automotive production is expected to exceed 12 million units per year by 2019 - and reach 13 million by 2020. Thus, increasing production and sales of commercial vehicles across the globe is expected to fuel the market growth over the forecast period.
Ask Sample PDF of Global Automotive Turbo Charger Market Report:https://www.amplemarketreports.com/sample-request/global-automotive-turbo-charger-market-287478.html
Company profiled in this report based on Business overview, financial data, Product landscape, Strategic outlook & analysis:
The leading market players mainly include-
• Honeywell
• Continental AG
• Borgwarner
• Mitsubishi Heavy Industries
• IHI
• Eaton
• Bosch Mahle
• Cummins
• ABB
• Tel
• Delphi Technologies
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https://www.amplemarketreports.com/report/global-automotive-turbo-charger-market-287478.html
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Fuel Type:
• Diesel
• Gasoline
By Technology:
• VGT/VNT Turbocharger
• Wastegate Turbocharger
• Electric Turbocharger
By Material:
• Cast Iron
• Aluminium
• Others
By Hybrid & Plug in Hybrid Vehicle:
• HEV
• PHEV
By Application:
• Agricultural Tractor
• Construction Equipment
• Locomotive
By Vehicle Type:
• Light Commercial Vehicle (LCV)
• Heavy Commercial Vehicle
By Regions:
• North America
• Europe
• Asia Pacific
• Latin America
• Rest of the World
In this study, the years considered to estimate the market size of Global Automotive Turbo Charger are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
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About Ample Market Research
Ample Market Research provides comprehensive market research services and solutions across various industry verticals and helps businesses perform exceptionally well. Attention to detail, consistency, and quality are elements we focus on. However, our mainstay remains to be knowledge, expertise, and resources to make us industry players.
Our mission is to capture every aspect of the market and offer businesses a document that makes solid grounds for crucial decision making.
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