Automotive Turbocharger Market Top Key Players- BorgWarner, Garrett Advancing Motion, IHI turbo, Continental, Mitsubishi, Cummins, HYUNDAI-WIA

The global Automotive turbocharger market is estimated at $XX Billion in 2020, will grow at 4% CAGR till 2026. Gasoline turbochargers segment expected to grow at double digits till 2026.

As car buyers continue to pursue better performance, efficiency and productivity, automakers are constantly striving to provide high performance cars. Since the charger plays an important role in improving the overall performance of the vehicle, continuous improvement of the turbocharger is necessary. Automotive turbocharger market participants focus on improving the capabilities of next-generation turbochargers.

Download For Sample@ https://bit.ly/3wGBIyp

RECENT PARTNERSHIPS IN TURBOCHARGER MARKET

• Borg Warner contracts with major European OEMs to supply high-performance eTurbos for passenger cars. This has been packaged into the first serial production of the eTurbo enterprise, which is scheduled to begin in 2022.

• Continental German automaker expands production of turbochargers to China. Continental's RAAX turbocharger will be built in Shanghai.

• BorgWarner recently opened a turbocharger production plant in Thailand.

RECENT LAUNCHES

• The new agreement expands existing business operations with Borg Warner's OEMs to supply VTG turbochargers to a variety of models from various OEMs.

• The efficiency of the newly developed HE600 Holset turbocharger in the new compressor stage and turbine housing is expected to increase by 4%.

• BorgWarner launched a 2-stage booster system (R2S), which was first regulated by the world with 4 turbo chargers. It was combined with the new 3.0L diesel engine from BMW.

• BorgWarner offers the BMW Group a twin-scroll turbocharger for its 3.0L in-line 6-cylinder petrol engine.

AUTOMOTIVE TURBOCHARGER MARKET SEGMENTATION

BY OEMS
• Honda
• Ford
• General Motors
• Toyota
• Renault-Nissan-Mitsubishi
• Chinese OEMs
• BMW
• Mercedes
• Volkswagen
• Hyundai
• Mazda

BY GEOGRAPHY
• Europe
• US
• China
• India
• Asia (Ex China & India)

BY TYPE
• Single
• Twin
• VGT
• E-VGT

BY FUEL TYPE
• Gasoline
• Diesel

COMPETITIVE LANDSCAPE

The global automotive turbocharger market is highly integrated. Due to the high complexity of close cooperation and strong R & D requirements, the threat of new entrants has always been low. There are six major Tier 1 manufacturers supplying turbochargers to OEMs. The market is controlled by US manufacturers.

COMPANY PROFILES

• BorgWarner
• Garrett Advancing Motion
• IHI turbo
• Continental
• Mitsubishi
• Cummins
• HYUNDAI-WIA

Read More Information: https://mobilityforesights.com/product/automotive-turbocharger-market/

Contact:
Company Name: Mobility Foresights
Contact Person: Kunal Roy
Email: Send Email
Phone: +1-315-675-4056
Address: P3&P4, HAL 3rd Stage
City: Bangalore
State: Karnataka

About Us:
We are among the very few market research firms globally, specialized in mobility domain(s). Our zone of research entails automotive, aerospace, marine, locomotive, logistics and construction & agricultural equipment.We deal in syndicated research, custom research and consumer research for all the above domains mentioned.
We envision the future of mobility every single day, following mobility domains is not just our profession rather it’s our passion. We are here, just to serve you in the most ideal way and your fulfillment is above everything else.

This release was published on openPR.