Press release
Automotive Turbochargers Market Trends: Banks Power, BorgWarner, BMTS Technology, Cimos D.D., Cummins, Inc., Honeywell International, Inc., IHI Corporation, Linamar Corporation
Automotive Turbochargers Market
Speaking along similar lines, it is prudent to mention that automotive behemoth Porsche had also recently brought forth the Turbo version of the Panamera with 550 horsepower to automotive turbochargers market. It is thus rather evident that turbochargers would bring about a paradigm shift in engine technology used in the automotive industry. Hailed as a potential competitor to the electric vehicle sector, it would seem as if automotive turbochargers industry is here to stay.
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Environmental concerns have led to automotive manufacturers striving to innovate novel methods of trying to bring down CO2 levels caused by automotive fumes. This has, on one hand, given rise to a completely new breed of automobiles - the acclaimed EVs. On the other hand, internal combustion engine vehicles have been increasingly modified to weigh less and be more fuel efficient. Turbochargers have indeed been a game changer in the automotive industry in this case, as far as mileage has been concerned. They have in fact proved themselves to be a green technology where wasted energy is harvested to enhance engine performance without any added pollution, stimulating automotive turbochargers market trends.
As per statistics, turbochargers can raise fuel efficiency by 45% - this alone has led to major European automobile owners opting for this component. A diesel engine fitted with a turbocharger can apparently go 40% further and a gasoline engine 20% further on a liter of fuel. Demonstrating an instance, Ford claimed that the turbocharged 2012 Ford Explorer gets about 23 miles per gallon compared to 20 miles per gallon for the naturally aspirated version. The increasing considerations related to fuel efficiency maintenance will thus increase the adoption of these products, augmenting the commercial graph of automotive turbochargers market.
To amalgamate within the confines of a single entity, the Automotive turbochargers market report can be effectively claimed to be a collective analysis of the industry in question - a vastly well-articulated document that evaluates the Automotive turbochargers industry with respect to vital parameters and enlists essential pointers pertaining to educate the uninitiated about the industry insights. Also, the study is aimed to help potential stakeholders leverage the ongoing trends of the industry, having understood the regulatory and competitive spectrums of the Automotive turbochargers industry as presented in the report.
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It would be prudent to mention that the automotive turbochargers market has a highly competitive landscape with well renowned names such as Honeywell, Federal-Mogul, BorgWarner, Mitsubishi Heavy Industries, Cummins Turbo Technologies, Weifang Fuyuan, Montupet, and IHI Corporation. Quite expectedly, these giants are constantly vying with each other to achieve market prominence. The steep competition has prompted a rise in investments in research and development, bringing about advanced technological innovations that would stimulate automotive turbochargers industry. Say for instance, it has been observed that the quality of construction materials has a huge impact on turbocharger efficiency.
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