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Turbocharger Market – Growth, Trends and Demands Research Report and Forecast 2025
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Enhanced power output, high power to weight ratio, improved efficiency, and reduction in engine weight are some of the key advantages provided by the turbocharger system or device. Turbochargers allow an engine to burn more fuel and air by packing it more into the existing cylinders. The typical boost provided by a turbocharger is between 6 to 8 pounds per square inch (psi).
The turbocharger market can be segmented or categorized based on fuel type, vehicle type, technology type, and by industrial applications. Turbochargers are primarily used in vehicles. Apart from vehicles, they are also used in industries such as mining, off-shore drilling, and off-highway (heavy-duty construction, agricultural). Turbochargers are also employed in the marine industry (commercial speed boats, commercial liners and hovercrafts.), and power generation applications. Thus, turbochargers are generally used wherever there is a need for internal combustion engines.
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The turbocharger market has several well-established players who account for significant share. Some of the key players in the turbocharger market are MAN Diesel & Turbo, BorgWarner Turbo Systems, Cummins Inc, Honeywell International Inc., Continental AG, Mitsubishi Heavy Industries, Napier Turbochargers, Rotomaster International, Turbo Power Systems, AEROCHARGER, LLC., and IHI Turbo America.
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