Press release
Automotive Turbocharger Market to Reach USD 24.8 Billion by 2031, Says Stratview Research
Stratview Research
Stratview Research, a global market research firm, has launched a report on the global market, which provides a comprehensive outlook of the global and regional industry forecast, current & emerging market trends, segment analysis, competitive landscape, & more.
Request a free sample report: https://www.stratviewresearch.com/Request-Sample/3994/automotive-turbocharger-market.html#form
Market Statistics
• Market size (2025): USD 16.4 billion
• Forecast value (2031): USD 24.8 billion
• CAGR (2026-2031): 7.1%
• Forecast period: 2026-2031
• Base year: 2025
• Total number of segments: 5 major categories
• Tables & figures: 100+
• Country-Level Market Assessment: 20
Market Segmentation
By Vehicle Type
• On-Highway Vehicles
- Passenger Car
- Light Duty Vehicles
- Medium & Heavy Duty Vehicles
• Off-Highway Vehicles
- Tractor
- Construction Equipment
By Charger Type
• Automotive Turbocharger
• Supercharger
By Fuel Type
• Gasoline
• Diesel
By Technology Type
• VGT/VNT
• Wastegate
• Twin Turbo
By Region
• North America (Country Analysis: The USA, Canada, Mexico)
• Europe (Country Analysis: Germany, France, United Kingdom, Italy, Russia, Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, South Korea, India, Rest of Asia-Pacific)
• Rest of the World (Latin America, Middle East)
Segment Analysis
In the Vehicle Type category, Passenger Cars dominate the market as they represent the largest share of vehicle production and turbocharger installations globally; OEMs focusing on turbocharging solutions for passenger cars can leverage this trend to secure engine supply partnerships.
For Charger Type, Automotive Turbocharger systems remain the principal segment given their core role in enhancing internal combustion engine efficiency compared to superchargers, indicating that suppliers should prioritize innovation in turbocharger designs that reduce lag and improve fuel economy.
Within Fuel Type, the Gasoline segment is expected to lead due to expanding installation rates of turbochargers in gasoline engines worldwide, which optimizes power and emissions performance; this suggests that component manufacturers should align product development with gasoline powertrain trends.
In Technology Type, VGT/VNT (Variable Geometry Turbocharger/Variable Nozzle Turbine) holds prominence as it delivers improved engine efficiency and adaptability across varying speeds, encouraging technology providers to advance VGT/VNT systems that meet evolving emissions standards.
Regional Insights
Asia-Pacific: Asia-Pacific is the dominant region in the automotive turbocharger market, driven by rapid automotive demand and high turbocharger installation rates in major economies such as China and India; this underscores strategic opportunities for turbocharger manufacturers to expand production and distribution networks in the region.
Market Drivers
• Increasing global vehicle production, particularly passenger and commercial vehicles, fuelling turbocharger demand.
• Growing engine downsizing strategies to improve fuel efficiency and reduce emissions.
• Rising popularity of gasoline direct injection (GDI) engines integrated with turbochargers.
• Strong commercial vehicle growth, especially diesel engines requiring turbochargers for optimal performance.
• Stringent emissions regulations prompting adoption of turbocharging for compliance.
Competitive Landscape
Top Companies in the Market
• BorgWarner
• Cummins
• Continental AG
• Honeywell International
• IHI Corporation.
• Mitsubishi Heavy Industries
FAQs
1. How large is the automotive turbocharger market expected to be by 2031?
The global automotive turbocharger market is projected to reach USD 24.8 billion by 2031.
2. What is the expected growth rate for the automotive turbocharger market through 2031?
The market is forecast to grow at a CAGR of 7.1% from 2026 to 2031.
3. Which vehicle type accounts for the largest share in the automotive turbocharger market?
Passenger cars hold the largest share due to high production and turbocharger integration rates.
4. Which technology type will gain market share in automotive turbochargers?
VGT/VNT technology is expected to continue gaining market share due to its efficiency benefits.
5. Why is Asia-Pacific leading the automotive turbocharger market?
Asia-Pacific leads due to strong demand in emerging automotive hubs and high installation rates of turbochargers.
Related Links:
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Weapon mounts market: https://researchnews22.amebaownd.com/posts/58352416
Weather forecasting systems and solutions market: https://velog.io/@chloe_adams/How-Weather-Forecasting-Systems-Are-Shaping-Climate-Driven-Decision-Making
Cast acrylic sheet market: https://www.ganjingworld.com/news/1i7516f0f6i5mPv97EETL3TDP1a01c/cast-acrylic-sheet-market-growth-at-61-cagr-driven-by-signage-and-construction-demand
Cellular concrete market: https://scrapbox.io/researchnews/Global_Cellular_Concrete_Market_Outlook:_Trends,_Applications,_and_Growth_Opportunities
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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