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Global Automotive Turbo Charger Market to reach USD 31.5 billion by 2025 :Top Key Players are Honeywell, Continental AG, Borgwarner, Mitsubishi Heavy Industries, IHI, Eaton, Bosch Mahle, Cummins, ABB, Tel, Delphi Technologies

03-29-2019 02:54 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Global Automotive Turbo Charger Market to reach USD 31.5 billion

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.

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On the basis of segmentation, the automotive turbo charger market is segmented into Vehicle Type, Fuel Type, Technology, Material Hybrid & Plug in Hybrid Vehicle Application and Vehicle Type. Fuel Type segment is further divided into Diesel and Gasoline. by Technology segment includes VGT/VNT Turbocharger, Wastegate Turbocharger and Electric Turbocharger, additionally by Material segment is further classified into Cast Iron, Aluminum and Others, Hybrid & Plug in Hybrid Vehicle segment is sub segmented into Hybrid & Plug in Hybrid Vehicle, Application segment divided into Agricultural Tractor, Construction Equipment and Locomotive. and by Vehicle Type segment is further categorized into Light Commercial Vehicle (LCV) and Heavy Commercial Vehicle.

The regional analysis of Global Automotive Turbo Charger Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is the dominating region across the world in terms of market share region over the forecast period 2018-2025. Owing to the countries such as China, Japan, and India.

The leading market players mainly include-

• Honeywell
• Continental AG
• Borgwarner
• Mitsubishi Heavy Industries
• IHI
• Eaton
• Bosch Mahle
• Cummins
• ABB
• Tel
• Delphi Technologies

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

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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
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025

Target Audience of the Global Automotive Turbo Charger Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Read More@ https://www.kennethresearch.com/report-details/global-automotive-turbo-charger-market/10076449

About Kenneth Research

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

Contact Us

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21st Floor Suite MA111,
New York, NY 10018

Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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