Turbocharger Market Progresses for Huge Profits - 2025
Read Report Overview @
Enhanced power output, high power to weight ratio, improved efficiency, and reduction in engine weight are some of the key advantages provided by the turbocharger system or device. Turbochargers allow an engine to burn more fuel and air by packing it more into the existing cylinders. The typical boost provided by a turbocharger is between 6 to 8 pounds per square inch (psi).
The turbocharger market can be segmented or categorized based on fuel type, vehicle type, technology type, and by industrial applications. Turbochargers are primarily used in vehicles. Apart from vehicles, they are also used in industries such as mining, off-shore drilling, and off-highway (heavy-duty construction, agricultural). Turbochargers are also employed in the marine industry (commercial speed boats, commercial liners and hovercrafts.), and power generation applications. Thus, turbochargers are generally used wherever there is a need for internal combustion engines.
Increase in demand for high fuel efficiency engines is one of the key drivers of the turbocharger market. Demand for fuel has increased significantly in transportation. A turbocharger device increases the air intake of IC engine, thus reducing the consumption of fuel. Strengthened emission legislation across the globe has also contributed to the expansion of the turbocharger market. The use of turbochargers for convention IC engines ensures complete fuel combustion which reduces harmful emissions.
A key restraint to the turbocharger market is the rise of electric or battery-operated vehicles. BEV (battery electric vehicles) are projected to replace conventional passenger vehicles in the near future, thereby posing a significant limitation to the turbocharger market.
The turbocharger market has better growth opportunities in the global context. North America and Europe are projected to be the leading markets for turbochargers in the near future. These regions have the highest energy consumption rate and also the largest number of vehicles per capita. Asia Pacific is also projected to hold lucrative opportunities for the turbocharger market in the near future. Asia Pacific comprises some of the rapidly growing economies such as China, India, Indonesia, and Malaysia. These countries have a large population base and thereby have higher demand for fuel. Rapid urbanization and infrastructural developments in Asia Pacific are estimated to drive the need for high fuel efficient engines supported by turbocharger units.
Furthermore, infrastructural developments in Latin America and Middle East & Africa are propelling the economies of the regions. They are anticipated to offer attractive opportunities to the turbocharger market in the near future.
Request to view Sample Report:
The turbocharger market has several well-established players who account for significant share. Some of the key players in the turbocharger market are MAN Diesel & Turbo, BorgWarner Turbo Systems, Cummins Inc, Honeywell International Inc., Continental AG, Mitsubishi Heavy Industries, Napier Turbochargers, Rotomaster International, Turbo Power Systems, AEROCHARGER, LLC., and IHI Turbo America.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Turbocharger Market Progresses for Huge Profits - 2025 here
News-ID: 995502 • Views: 163
More Releases from Transparency Market Research Reports
High Purity Quartz Market - Global Industry Report, 2030
High Purity Quartz Market: Introduction Albany, NY - The global high purity quartz market was valued at ~US$ 800 Mn in 2019 and is anticipated to expand at a CAGR of ~6% during the forecast period. The global high purity quartz market is driven by increase in demand for high purity quartz in the global semiconductor industry. Asia Pacific accounts for a major share of the global high purity quartz market,
Smart Remote Control Market: Analysts Expect Robust Growth in 2028
The rise in the use of technology across the globe has hit the shore of remote controls too. On the back of technological advancements, the smart remote control market may gain considerable momentum across the forecast period of 2019 -2028. The shift in consumer preference from cost-effectiveness to convenience is serving as a prominent growth factor for the smart remote control market. Based on technology type, the smart remote control
HYDROGEN SULFIDE SCAVENGERS MARKET TO REACH A VALUE OF ~US$ 655 MN BY 2027: TRAN …
Hydrogen Sulfide Scavengers Market: Key Highlights The global hydrogen sulfide scavengers market was valued at ~US$ 440 Mn in 2018, and is anticipated to expand at a CAGR of ~5% from 2019 to 2027. Increase in crude oil production enhances oilfield operations such as drilling, cementing, production, workover and completion, and well stimulation. This drives the demand for production chemicals such as hydrogen sulfide scavengers. The demand for crude oil is increasing
METAL-ORGANIC FRAMEWORK MARKET TO REACH A VALUATION OF ~US$ 24 MN BY 2027: TRANS …
Metal-organic Framework Market: Introduction In terms of value, the global metal-organic framework market is anticipated to expand at a CAGR of ~11% from 2019 to 2027 Metal-organic framework is a class of porous materials constructed from metal-rich inorganic nodes bonded with organic linkers. The structure provides high density of three-dimensional porous cores with a large surface area, uniform cross-linkages, and tunable porosity. Metal-organic framework possesses excellent absorption rate for hydrogen, water, carbon
More Releases for Turbo
Turbo Actuator Market by 2025 Report Studied Focusing On Top Companies like Mits …
The global Turbo Actuator Market is explained in detail in this report, starting with a basic overview, which includes definitions and major and minor factors that influence this market. Further the report scrutinizes the several policies that regulate processes in this global market, specifically, the ones that are currently active, along with an analysis of the top news stories about the global industry. This report on Turbo Actuator Market also offers
Turbo Charged Engines to drive ACM demand?
About Polyacrylate Rubber (ACM) ACM is used in automotive applications such as hoses, seals, gaskets, dampers and constant velocity joints (CVJ). Other applications include electrical transmission seals, industrial hoses and adhesives. ACM is cost competitive rubber with slightly lower performance than its immediate competitor AEM (Ethylene Acrylate Elastomer). Hence, it can be used where the performance can be compromised to achieve better economy. Other high-end competitors include flouroelastomers (FKM and
Turbo Chillers Market Predicted Analysis by 2026
Initially CFC (chlorofluorocarbon) and HCFC (Hydrochlorofluorocarbons) were primarily used as a refrigerant for chilling applications leading to destruction of ozone layer. To address problems associated with destruction of ozone layer significant efforts are being made to minimize the use of CFC and HCFC as a future refrigerant. These efforts has led adoption of environmentally friendly refrigerant such as water, air, carbon dioxide, ammonia and propane as refrigerant. Using water as
Global Turbo Chillers Market
Turbo Chillers Market Introduction Initially CFC (chlorofluorocarbon) and HCFC (Hydrochlorofluorocarbons) were primarily used as a refrigerant for chilling applications leading to destruction of ozone layer. To address problems associated with destruction of ozone layer significant efforts are being made to minimize the use of CFC and HCFC as a future refrigerant. These efforts has led adoption of environmentally friendly refrigerant such as water, air, carbon dioxide, ammonia and propane as refrigerant.
Global Turbo-compressor Market
Turbo-compressors are primarily used for natural gas processing and transmission. Both, axial and centrifugal turbo-compressors are used in gas turbines for compression purposes. Innovations in products coupled with advancement in technology is expected to have a positive impact over the global turbo-compressor market. TOC of this report is available upon request @ www.persistencemarketresearch.com/toc/13066 Based on product type, the hydraulic turbo-compressor is expected to dominate the product type segment during the forecast period.
Global Turbo Expander Market Outlook 2016-2021
Global Turbo Expander Industry 2016 Market Size Share Growth Forecast Research and Development The Global Turbo Expander Industry report gives a comprehensive account of the Global Turbo Expander market. Details such as the size, key players, segmentation, SWOT analysis, most influential trends, and business environment of the market are mentioned in this report. Furthermore, this report features tables and figures that render a clear perspective of the Turbo Expander market. The