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Global Automotive Turbocharger Market Report, Market Size, Share, Trends, Analysis and Forecast to 2028
The efficiency of the engine is increased by turbochargers, which are regarded as essential parts of modern automobiles. In order to power the turbine, the system uses engine exhaust gas produced during combustion. With the aid of a shaft, this turbine turns the compressor wheel. The outside air is drawn in, compressed, and sent to the engine via the compressor wheel. With more power and fuel savings, the compressed air burns the fuel more effectively.
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By geography, Europe is projected to have the highest CAGR over the forecast period, owing to the quick adoption of sophisticated technologies in turbochargers. Additionally, strict rules and requirements have been implemented by the Environmental Protection Agency (EPA) in the United States to limit fuel emission. The government has made it mandatory for automakers to create cleaner, more fuel-efficient engines. European advances like engine remapping and performance tuning for automobiles are gaining momentum, and manufacturers are responding by incorporating these trends into the creation of better car turbochargers which drives the market growth in this region.
Some of the key players profiled in the Automotive Turbocharger Market include BorgWarner Inc., Mitsubishi Heavy Industries Ltd, Continental AG, Garrett Motion Inc, IHI Corporation, Rotomaster International, Keyyang Precision Co., LTD, Turbo Energy Private Limited, BMTS Technology GmbH & Co. KG, Magnum Performance Turbos, Cummins Inc., Eaton Corporation PLC, Honeywell International, Precision Turbo & Engine Inc, ABB, Robert Bosch GmbH and Marelli Corporation.
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Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
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Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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