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Automotive Turbocharger Market Is Driven By Increasing Adoption Of Turbocharged Diesel Engines | Turbocharger , Precision Turbo and Engine , Bullseye Power LLC

12-28-2023 06:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Insight Services

Automotive Turbocharger Market Is Driven By Increasing

A turbocharger is a device that is used to increase the power output of an internal combustion engine by compressing the air that enters the engine. This allows the engine to burn more fuel, which in turn increases the power output. Turbochargers are typically used in vehicles that require high power output, such as sports cars and race cars.

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Turbochargers work by using the exhaust gases from the engine to spin a turbine. This turbine is connected to a compressor, which compresses the air that enters the engine. The compressed air is then forced into the engine, where it mixes with the fuel and increases the power output.

There are two main types of turbochargers: Wastegate and Variable Geometry. Wastegate turbochargers are the most common type, and they use a valve to control the amount of exhaust gas that is allowed to spin the turbine. Variable geometry turbochargers (VGTs) are less common, and they use vanes that open and close to control the airflow.

Key Trends and Drivers

Over the past few years, there has been a significant increase in the demand for automotive turbochargers. This is mainly due to the fact that turbochargers offer a number of benefits over traditional engine designs, such as improved fuel economy and reduced emissions.

One of the key trends in the automotive turbocharger market is the increasing use of turbocharged engines in passenger cars. Turbocharged engines offer a number of advantages over naturally aspirated engines, such as higher power output and better fuel economy. As a result, a number of automakers are now offering turbocharged engines in their passenger cars.

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Another trend in the turbocharger market is the increasing adoption of turbocharged diesel engines. Diesel engines offer a number of advantages over gasoline engines, such as higher fuel efficiency and lower emissions. As a result, a number of automakers are now offering turbocharged diesel engines in their vehicles.

Another trend in the turbocharger market is the increasing use of twin-turbochargers. Twin-turbochargers offer a number of advantages over single turbochargers, such as higher power output and better fuel economy. As a result, a number of automakers are now offering twin-turbocharged engines in their vehicles.

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Market Segments

The Automotive Turbocharger Market is segmented into Type, Fuel Type, Application, and Region. On the basis of Type, the Automotive Turbocharger market is bifurcated into Wastegate and Variable Geometry. Based on Fuel Type, the market is segmented into Diesel, Gasoline, and New Energy. Based on Application, the market is bifurcated into Passenger Vehicles and Commercial Cars. Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and Rest of the World.

Key Players

Some of the key players of Automotive Turbocharger Market are Fengcheng Xindongli Turbocharger Co. Ltd (China), Precision Turbo and Engine (US), Bullseye Power LLC (Canada), Bosch Mahle (Germany), Cummins Inc (US), Continental AG (Germany), IHI Corporation (Germany), Mitsubishi Heavy Industries Ltd (Japan), BorgWarner Inc (US), and Honeywell International Inc. (US).

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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