Automotive Turbocharger Market by Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Ice & Hybrid Vehicle, Fuel Type, Off-Highway (Agricultural, Construction, Locomotive), Aftermarket, and Region - Global Forecast to 2025
By: marketsandmarkets.com
Publishing Date: June 2018
Report Code: AT 2628
The growth of the automotive turbocharger market is influenced by factors such as the changing consumer preferences for greater power generating vehicles, stringent emission regulations in regions such as Europe and North America, and the upcoming regulation in Asian countries such as China and India. In addition to that, the demand for commercial vehicles is increasing globally due to rapid industrialization, particularly in Asia. China and India are among the top countries which are undergoing rapid transformation in terms of industrialization, infrastructure development, and manufacturing. Commercial vehicles run mostly on diesel, and the turbocharger is a standard fitment in medium and heavy diesel vehicles. The rapid growth of commercial vehicles is driving the growth of automotive turbocharger market. Due to such driving factors, the overall automotive turbocharger market is expected to grow at a CAGR of 9.39% during the forecast period, in terms of value. The market in 2017 was valued at USD 14.86 billion and is projected to reach USD 31.61 billion by 2025.
Years considered for this report:
- 2017 Base Year
- 2018 Estimated Year
- 2018 2025 Forecast Period
Objectives of the study:
- To define, analyze, segment, and forecast the global automotive turbocharger market (20162025), in terms of volume (000 units) and value (USD million)
- To segment and forecast the automotive turbocharger market size, by value and volume, by technology
- To segment and forecast the automotive turbocharger market size, by value and volume, by fuel type
- To segment and forecast, the market for automotive turbocharge, by value and volume, by vehicle type
- To segment the market for the automotive turbocharger and forecast the market size, by value and volume, based on hybrid & plug-in hybrid vehicle
- To segment the automotive turbocharger market and forecast the market size, by value and volume, by off-highway application
- To segment the automotive turbocharger market and forecast the market size, by volume, by material type
- To segment the aftermarket for the automotive turbocharger and forecast the market size, by value and volume, by vehicle type
- To segment the aftermarket for the automotive turbocharger and forecast the market size, by value and volume, by region
The research study involved extensive use of secondary sources, such as company annual reports/presentations, industry association publications, automotive magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases, to identify and collect information on the automotive turbocharger market. The primary sources experts from related industries, automobile OEMs, and suppliers have been interviewed to obtain and verify critical information, as well as to assess the growth prospects and market estimations.
The bottom-up approach has been used to estimate and validate the size of the automotive turbocharger market and the off-highway turbocharger market. In this approach, the vehicle production (sales for OHV and hybrid vehicle) statistics for each vehicle type (automotive: passenger car, LCV, Truck, Bus; off-highway: agricultural tractors and construction equipment) at the country and regional levels, respectively, have been considered. Penetration of gasoline and diesel engines for each country has been studied to formulate the base for turbocharger installation. Installation rate of turbocharger has been derived by model mapping and primary research.
The bottom-up approach has been used to estimate and validate the size of the automotive turbocharger aftermarket. In this approach, the vehicle parc statistics for light duty vehicle and heavy duty vehicle has been considered.
The below figure shows the break-up of the profiles of industry experts who participated in primary discussions.
To know about the assumptions considered for the study, download the pdf brochure
Automotive turbocharger market includes manufacturers such as Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany).
Target Audience
- Manufacturers of turbochargers
- Raw material suppliers for turbochargers
- The automobile industry as an end-use industry and regional automotive associations
- Traders, distributors, and suppliers of turbochargers
- Turbocharger component suppliers
Scope of the Report
- By Technology
- VGT/VNT
- Wastegate
- Electric turbocharger
- By Fuel type
- Gasoline
- Diesel
- By Vehicle type
- Passenger car
- LCV
- Truck
- Bus
- By Hybrid & Plug-in hybrid vehicle
- Hybrid Electric Vehicle (HEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- By Off Highway Application
- Agricultural tractor
- Construction equipment
- Locomotive
- By Material
- Cast iron
- Aluminum
- Others
- Automotive turbocharger aftermarket
- Light commercial vehicle
- Heavy commercial vehicle
- By Region
- Asia Oceania
- Europe
- North America
- RoW
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance with the companys specific needs.
- Automotive Turbocharger Market, By Technology
- VGT / VNT, by Country
- Wastegate turbocharger, by country
- Electric turbocharger, by country
- Automotive Turbocharger Market, By Fuel Type
- Gasoline turbocharger, by country
- Diesel turbocharger, by country
- Off Highway Turbocharger Market, By Country
- Agricultural tractor, by country
- Construction equipment, by country
- Locomotive by country
- Automotive Turbocharger Market for Additional Countries
- Thailand
- Indonesia
- Italy
(Note: countries considered are China, India, Japan, South Korea, US, Canada, Mexico, Germany, France, Spain, UK, Turkey, Iran, South Africa, Brazil, Argentina)
Table of Contents
1 Introduction (Page No. - 17)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Years Considered in the Study
1.4 Currency
1.5 Package Size
1.6 Limitations
1.7 Stakeholders
2 Research Methodology (Page No. - 20)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources for Vehicle Production
2.2.2 Key Secondary Sources for Market Sizing
2.2.3 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Primary Participants
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions
3 Executive Summary (Page No. - 29)
4 Automotive Turbocharger Market, Premium Insights (Page No. - 38)
4.1 Attractive Opportunities in the Automotive Turbocharger Market
4.2 Automotive Turbocharger Market, By Technology
4.3 Automotive Turbocharger Market, By Fuel Type
4.4 Automotive Turbocharger Market, By Vehicle Type
4.5 Automotive Turbocharger Market, By Material,
4.6 Automotive Turbocharger Market, By Off-Highway Vehicles
4.7 Automotive Turbocharger Market, By Country
4.8 Hybrid Vehicle Turbocharger Market, Vehicle Type
4.9 Automotive Turbocharger Aftermarket
5 Market Overview (Page No. - 44)
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Increasing Stringency in Emission & Fuel Efficiency Regulations to Boost the Market for Automotive Turbochargers
5.2.1.2 Growing Demand for Commercial Vehicles to Drive the Market for Turbochargers
5.2.2 Restraints
5.2.2.1 Declining Demand for Diesel Passenger Car to Restrain the Market for Turbochargers
5.2.2.2 The Increasing Sale of Electric Vehicles Will Reduce the Demand for Turbochargers
5.2.3 Opportunities
5.2.3.1 Future Demand for Electric Turbochargers to Create Opportunities for Turbo Manufacturers
5.2.3.2 Turbocharger for Gasoline Engines
5.2.4 Challenges
5.2.4.1 Turbo Lag
5.2.4.2 Lightweight Material for Turbocharger Housing
6 Automotive Turbocharger Market, By Vehicle Type (Page No. - 52)
Note the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
6.1 Introduction
6.2 Passenger Car
6.3 Light Commercial Vehicle (LCV)
6.4 Truck
6.5 Bus
7 Automotive Turbocharger Oe Market, By Fuel Type (Page No. - 59)
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
7.1 Introduction
7.2 Diesel
7.3 Gasoline
8 Automotive Turbocharger Market, By Technology (Page No. - 64)
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
8.1 Introduction
8.2 VGT/VNT Turbocharger
8.3 Wastegate Turbocharger
8.4 Electric Turbocharger
9 Automotive Turbocharger Marker, By Material (Page No. - 70)
Note - the Chapter is Further Segmented By Vehicle Type and Considered Vehicle are Light Duty Vehicle & Heavy Duty Vehicle
9.1 Introduction
9.2 Cast Iron
9.3 Aluminum
9.4 Others
10 Automotive Turbocharger Market, By Hybrid & Plug in Hybrid Vehicle (Page No. - 74)
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
10.1 Introduction
10.2 HEV
10.3 PHEV
11 Off-Highway Turbocharger Market, By Application (Page No. - 79)
Note - the Chapter is Further Segmented at Regional Level and Considered Regions are Asia Oceania, Europe, North America, and RoW
11.1 Introduction
11.2 Agricultural Tractor
11.3 Construction Equipment
11.4 Locomotive
12 Automotive Turbocharger Aftermarket, By Vehicle Type (Page No. - 85)
Note: the Chapter is Further Segmented By Vehicle Type and Considered Vehicles are Light Commercial Vehicle & Heavy Commercial Vehicle.
12.1 Introduction
12.2 Light Commercial Vehicle (LCV)
12.3 Heavy Commercial Vehicle
13 Automotive Turbocharger Market, By Region (Page No. - 90)
Note: the Chapter is Further Segmented at Country Level and By Vehicle Type, Considered Vehicle are Passenger Car, Light Commercial Vehicle, Truck, & Bus
13.1 Introduction
13.2 North America
13.2.1 US
13.2.2 Canada
13.2.3 Mexico
13.3 Europe
13.3.1 Germany
13.3.2 France
13.3.3 Spain
13.3.4 UK
13.3.5 Turkey
13.3.6 Others
13.4 Asia Oceania
13.4.1 China
13.4.2 India
13.4.3 Japan
13.4.4 South Korea
13.4.5 Others
13.5 RoW
13.5.1 Brazil
13.5.2 Argentina
13.5.3 Iran
13.5.4 South Africa
13.5.5 Others
14 Competitive Landscape (Page No. - 119)
14.1 Overview
14.2 Automotive Turbocharger: Market Share Analysis
14.3 Competitive Scenario
14.3.1 Expansions
14.3.2 New Product Launches/Developments
14.3.3 Supply Contracts/Agreements
14.3.4 Partnerships/Joint Ventures
15 Company Profiles (Page No. - 124)
(Business Overview, Products Offered, Recent Developments & SWOT Analysis)*
15.1 Honeywell
15.2 Continental AG
15.3 Borgwarner
15.4 Mitsubishi Heavy Industries
15.5 IHI
15.6 Eaton
15.7 Bosch Mahle
15.8 Cummins
15.9 ABB
15.10 Tel
15.11 Delphi Technologies
*Details on Business Overview, Products Offered, Recent Developments & SWOT Analysis Might Not Be Captured in Case of Unlisted Companies.
15.12 Additional Company Profiles
15.12.1 North America
15.12.1.1 Rotomaster International
15.12.1.2 Precision Turbo & Engine Inc.
15.12.1.3 Turbonetics Inc.
15.12.1.4 Turbo International
15.12.2 Europe
15.12.2.1 Kompressorenbau Bannewitz GmbH (KBB)
15.12.2.2 Turbo Dynamics Ltd
15.12.3 Asia Oceania
15.12.3.1 Fuyuan Turbocharger Co. Ltd
15.12.3.2 Hunan Tyen Machinery Co. Ltd
15.12.3.3 Ningbo Motor Industrial Co. Ltd
16 Appendix (Page No. - 153)
16.1 Insights of Industry Experts
16.2 Discussion Guide
16.3 Knowledge Store: Marketsandmarkets Subscription Portal
16.4 Introducing RT: Real-Time Market Intelligence
16.5 Available Customizations
16.5.1 Automotive Turbocharger Market, By Technology
16.5.1.1 VGT/VNT Market, By Country
16.5.1.2 Wastegate Turbocharger, By Country
16.5.1.3 Electric Turbocharger Market, By Country
16.5.2 Automotive Turbocharger Market, By Fuel Type
16.5.2.1 Gasoline Turbocharger Market, By Country
16.5.2.2 Diesel Turbocharger Market, By Country
16.5.3 Off Highway Turbocharger Market, By Country
16.5.3.1 Agricultural Tractor, By Country
16.5.3.2 Construction Equipment, By Country
16.5.3.3 Locomotive, By Country
16.5.4 Automotive Turbocharger Market for Additional Countries
16.5.4.1 Thailand
16.5.4.2 Indonesia
16.5.4.3 Italy
16.6 Related Reports
16.7 Author Details
List of Tables (105 Tables)
Table 1 Currency Exchange Rates (W.R.T. USD)
Table 2 Engine Downsizing Trend
Table 3 Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 4 Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 5 Passenger Car: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 6 Passenger Car: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 7 LCV: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 8 LCV: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 9 Truck: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 10 Truck: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 11 Bus: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 12 Bus: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 13 Automotive Turbocharger Market, By Fuel Type (000 Units)
Table 14 Automotive Turbocharger Market, By Fuel Type (USD Million)
Table 15 Diesel Usage in Passenger Cars, By Region
Table 16 Diesel: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 17 Diesel: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 18 Gasoline Usage in Passenger Cars, By Region
Table 19 Gasoline: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 20 Gasoline: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 21 Automotive Turbocharger Market, By Technology, 2016-2025 (000 Units)
Table 22 Automotive Turbocharger Market, By Technology, 2016-2025 (USD Million)
Table 23 VGT: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 24 VGT: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 25 Wastegate: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 26 Wastegate: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 27 Electric Turbocharger: Automotive Turbocharger Market, By Region, 20202025 (000 Units)
Table 28 Electric Turbocharger: Automotive Turbocharger Market, By Region, 2020 2025 (USD Million)
Table 29 Automotive Turbocharger Market, By Material, 20162025 (000 Tons)
Table 30 Automotive Turbocharger Material Market, By Vehicle Type, 20162025 (000 Tons)
Table 31 Cast Iron: Automotive Turbocharger Material Market, By Vehicle Type, 20162025 (000 Tons)
Table 32 Aluminum: Automotive Turbocharger Material Market, By Vehicle Type, 20162025 (000 Tons)
Table 33 Others: Automotive Turbocharger Material Market, By Vehicle Type, 20162025 (000 Tons)
Table 34 Hybrid & Plug in Hybrid Electric Vehicle Turbocharger Market, 20162025 (000 Units)
Table 35 Hybrid & Plug in Hybrid Electric Vehicle Turbocharger Market, 20162025 (USD Million)
Table 36 HEV: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 37 HEV: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 38 PHEV: Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 39 PHEV: Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 40 Off-Highway Turbocharger Market, By Application, 20162025 (000 Units)
Table 41 Off-Highway Turbocharger Market, By Application, 20162025 (USD Million)
Table 42 Agricultural Tractor: Off-Highway Turbocharger Market, By Region, 20162025 (000 Units)
Table 43 Agricultural Tractor: Off-Highway Turbocharger Market, By Region, 20162025 (USD Million)
Table 44 Construction Equipment: Off-Highway Turbocharger Market, By Region, 20162025 (000 Units)
Table 45 Construction Equipment: Off-Highway Turbocharger Market, By Region, 20162025 (USD Million)
Table 46 Locomotive: Off-Highway Turbocharger Market, By Region, 20162025 (000 Units)
Table 47 Locomotive: Off-Highway Turbocharger Market, By Region, 20162025 (USD Million)
Table 48 Automotive Turbocharger Aftermarket, By Region, 20162025 (000 Units)
Table 49 Automotive Turbocharger Aftermarket, By Region, 20162025 (USD Million)
Table 50 Light Duty Vehicle: Automotive Turbocharger Aftermarket, By Region, 20162025 (000 Units)
Table 51 Light Duty Vehicle: Automotive Turbocharger Aftermarket, By Region, 20162025 (USD Million)
Table 52 Heavy Commercial Vehicle: Automotive Turbocharger Aftermarket, By Region, 20162025 (000 Units)
Table 53 Heavy Commercial Vehicle: Automotive Turbocharger Aftermarket, By Region, 20162025 (USD Million
Table 54 Automotive Turbocharger Market, By Region, 20162025 (000 Units)
Table 55 Automotive Turbocharger Market, By Region, 20162025 (USD Million)
Table 56 North America: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 57 North America: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 58 US: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 59 US: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 60 Canada: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 61 Canada: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 62 Mexico: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 63 Mexico: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 64 Europe: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 65 Europe: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 66 Germany: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 67 Germany: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 68 France: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 69 France: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 70 Spain: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 71 Spain: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 72 UK: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 73 UK: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 74 Turkey: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 75 Turkey: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 76 Others: Automotive Turbocharger Market, By Vehicle Type, 20162025 (000 Units)
Table 77 Others: Automotive Turbocharger Market, By Vehicle Type, 20162025 (USD Million)
Table 78 Asia Oceania: Automotive Turbocharger Market, By Country, (000 Units)
Table 79 Asia Oceania: Automotive Turbocharger Market, By Country, (USD Million)
Table 80 China: Automotive Turbocharger Market, By Country, (000 Units)
Table 81 China: Automotive Turbocharger Market, By Country, (USD Million)
Table 82 India: Automotive Turbocharger Market, By Country, (000 Units)
Table 83 India: Automotive Turbocharger Market, By Country, (USD Million)
Table 84 Japan: Automotive Turbocharger Market, By Country, (000 Units)
Table 85 Japan: Automotive Turbocharger Market, By Country, (USD Million)
Table 86 South Korea: Automotive Turbocharger Market, By Country, (000 Units)
Table 87 South Korea: Automotive Turbocharger Market, By Country, (USD Million)
Table 88 Ohers: Automotive Turbocharger Market, By Country, (000 Units)
Table 89 Others: Automotive Turbocharger Market, By Country, (USD Million)
Table 90 RoW: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 91 RoW: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 92 Brazil: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 93 Brazil: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 94 Argentina: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 95 Argentina: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 96 Iran: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 97 Iran: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 98 South Africa: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 99 South Africa: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 100 Others: Automotive Turbocharger Market, By Country, 20162025 (000 Units)
Table 101 Others: Automotive Turbocharger Market, By Country, 20162025 (USD Million)
Table 102 Expansions, 20152018
Table 103 New Product Launches/Developments, 20152017
Table 104 Supply Contracts, 20122017
Table 105 Partnerships/Joint Ventures, 2013
List of Figures (59 Figures)
Figure 1 Markets Segments of Automotive Turbocharger Market
Figure 2 Automotive Turbocharger Market: Research Design
Figure 3 Breakdown of Primary Interviews
Figure 4 Automotive Turbocharger Market: Bottom-Up Approach
Figure 5 Off-Highway Turbocharger Market: Bottom-Up Approach
Figure 6 Automotive Turbocharger Aftermarket: Bottom Up Approach
Figure 7 Data Triangulation
Figure 8 Automotive Turbocharger Market, By Region, 20182025 (USD Billion)
Figure 9 Automotive Turbocharger Market, By Fuel Type, 20182025 (USD Billion)
Figure 10 Automotive Turbocharger Market, By Technology, 20182025 (USD Million)
Figure 11 Automotive Turbocharger Market, By Material, 2018-2025 (000 Tons)
Figure 12 Off-Highway Automotive Turbocharger Market, By Region, 20182025 (USD Million)
Figure 13 Automotive Turbocharger Market, By Vehicle Type, 20182025 (USD Billion)
Figure 14 Automotive Turbocharger Market, By Hybrid and Plug I Hybrid Electric Vehicle, 20182025 (USD Million)
Figure 15 Automotive Turbocharger Aftermarket, By Region, 20182025 (USD Billion)
Figure 16 Stringent Emission and Fuel Economy Regulations to Drive the Automotive Turbocharger Market
Figure 17 VGT/VNT Turbochargers to Dominate the Turbocharger Market Over the Forecast Period, By Value (USD Million)
Figure 18 Gasoline Turbocharger Market to Overtake Diesel Turbocharger Market, By Value (USD Million)
Figure 19 Passenger Cars to Be the Largest and the Fastest Growing Turbocharger Market, By Value (USD Million)
Figure 20 Aluminium is to Be the Fastest Growing Material in Automotive Turbocharger Material Market, By Volume (000 Tons)
Figure 21 Agricultural Tractors to Be the Largest Turbocharger Market in Ohv Vehicles, By Value (USD Million)
Figure 22 China, Germany, and the US to Lead the Automotive Turbocharger Market Over the Forecast Period, By Value (USD Million)
Figure 23 Asia Oceania to Dominate the Hybrid Vehicle Turbocharger Market, By Value (USD Million)
Figure 24 Asia Oceania to Be the Largest Aftermarket for Turbochargers, By Value (USD Million)
Figure 25 Market Dynamics: Turbocharger Market
Figure 26 Regionwise Bus Production, 2015-2017 (000 Units)
Figure 27 Europe Diesel Passenger Car Share on New Vehicle Registrations
Figure 28 BEV Sales, 20162025 (000 Units)
Figure 29 48 Volt Vehicle Production, 2016-2025 (000 Units)
Figure 30 Automotive Turbocharger Market, By Vehicle Type, 2018 vs 2025 (USD Million)
Figure 31 Automotive Turbocharger Market, By Fuel Type, 2018 vs 2025 (USD Million).
Figure 32 Automotive Turbocharger Market, By Technology, 2018 vs 2025 (USD Million)
Figure 33 Automotive Turbocharger Market, By Material Type, 20182025 (000 Tons)
Figure 34 Hybrid & Plug in Hybrid Electric Vehicle Turbocharger Market, 2018 vs 2025 (USD Million)
Figure 35 Off-Highway Turbocharger Market, By Region, 2018 Vs.2025 (USD Million)
Figure 36 Automotive Turbocharger Aftermarket, By Vehicle Type, 20182025 (USD Million)
Figure 37 Automotive Turbocharger Market, By Region, 2018 vs 2025 (USD Million)
Figure 38 North America: Automotive Turbocharger Market, 2018 vs 2025 (USD Million)
Figure 39 Europe: Automotive Turbocharger Market Snapshot
Figure 40 Europe: Automotive Turbocharger Market, 2018 vs 2025 (USD Million)
Figure 41 Asia Oceania: Automotive Turbocharger Market Snapshot
Figure 42 Asia Oceania: Automotive Turbocharger Market, 2018 vs 2025 (USD Million)
Figure 43 RoW: Automotive Turbocharger Market, 2018 vs 2025 (USD Million)
Figure 44 Companies Adopted Expansions as the Key Growth Strategy, 20162017
Figure 45 Automotive Turbocharger Oe Market: Market Share Analysis, 2017
Figure 46 Honeywell: Company Snapshot
Figure 47 Honeywell: SWOT Analysis
Figure 48 Continental: Company Snapshot
Figure 49 Continental: SWOT Analysis
Figure 50 Borgwarner: Company Snapshot
Figure 51 Borgwarner: SWOT Analysis
Figure 52 Mitsubishi Heavy Industries: Company Snapshot
Figure 53 Mitsubishi Heavy Industries: SWOT Analysis
Figure 54 IHI: Company Snapshot
Figure 55 IHI: SWOT Analysis
Figure 56 Eaton: Company Snapshot
Figure 57 Cummins: Company Snapshot
Figure 58 ABB: Company Snapshot
Figure 59 Delphi Technologies: Company Snapshot
The automotive turbocharger market, by value, is estimated to be USD 16.87 billion in 2018 and is projected to reach USD 31.61 billion by 2025, at a CAGR of 9.39% from 2018 to 2025. The growth of the automotive turbocharger market is influenced by factors such as the changing consumer preferences for greater power generating vehicles, stringent emission regulations in regions such as Europe and North America, and the upcoming regulation in Asian countries such as China and India.
The turbocharger technologies considered are VGT/VNT, wastegate, and electric turbocharger, which can enhance the fuel efficiency and achieve better torque and power generation with less emission. VGT is expected to be the fastest growing market, by technology, and is estimated to grow due to its benefits such as high efficiency and reduced turbo lag over other types of turbocharger.
Gasoline turbocharger market is expected to be the fastest growing market. The turbocharger market for diesel vehicles is matured, and the market for gasoline turbochargers is growing at a rapid rate. However, in the current scenario, the penetration of turbocharged diesel vehicles is more than that of gasoline turbocharged vehicles. The upcoming emission norms in China and India, which are expected to be equivalent to Euro 6, will boost the market for gasoline turbocharged vehicles.
Turbochargers find an indispensable application in off-highway vehicles, such as construction vehicles, agricultural tractors, and locomotive, given the enhancement in power and performance, which is expected from these vehicles. Agricultural tractor application is expected to have the largest market, in terms of volume, over the forecast period.
The construction of a turbocharger involves the use of various materials such as cast iron, stainless steel, and aluminum. The increase in demand for overall turbocharger market coupled with the requirement for lightweight turbochargers will drive the market for lightweight materials like aluminium and titanium for turbocharger application. Cast iron is estimated to have the largest market over the forecast period due to its benefits such as higher resistance to heat and its capacity to withstand high levels of pressure.
Hybrid vehicle is expected to be the largest market for automotive turbocharger over the forecast period. The global eco-friendly vehicle market is booming due to the increasing concern over global warming and air pollution and the government support to reduce air pollution. Growth in the application of turbocharger in HEV & PHEV will be widely seen in North America and Europe due to their willingness to adopt state-of-the-art technology and strict emissions norms.
The Asia Oceania market is estimated to account for the largest share, by value, in 2018. The growth is attributed to the improving socio-economic condition in emerging economies such as China, India, Indonesia, and Thailand. To achieve the upcoming emissions limits, OEMs will have to install turbochargers in vehicles. As Asia Oceania is dominated by small cars production, OEMs are focusing on engine downsizing with turbocharger application. Hence, post 2020, the installation rate of turbochargers for passenger cars in Asia is projected to grow dramatically.
The study covers turbocharger aftermarket also. The turbocharger aftermarket is growing with various Original Equipment Suppliers (OES) and Independent Aftermarket (IAM). The percentage of IAM in Asia Oceania countries is more than in European and North American countries because of the low cost of turbocharger available at the store, easy availability of shops, and other factors. Thus, the passenger car aftermarket is the largest in Asia Oceania.
Due to the implementation of Euro 6, diesel powertrains have become costlier. Also, the government is focusing on alternatively fueled vehicles such as battery electric vehicle and hybrid vehicle. These developments have resulted in the declining share of the diesel car in the European region. In addition to that, after the dieselgate scandal the demand for diesel vehicles is declining all over the globe. These are some of the restraining factors for automotive turbocharger market.
Automotive turbocharger market is dominated by manufacturers such as Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany).
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Client Customization Problem Statement :Turbocharger Market Solution Provided:This customized study includes information about market analysis of HCV turbochargers by region, OEM, m.... This customized study includes information about market analysis of HCV turbochargers by region, OEM, model, engine size and turbocharger type. The additional information was provided regarding HCVs equipped with turbochargers and engine down speeding less... Request Customization more...
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Client Customization Problem Statement : Turbocharger HCVSolution Provided:Model mapping for HCV turbocharger types....
Model mapping for HCV turbocharger types
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Client Customization Problem Statement : Turbocharger MarketSolution Provided:Market sizing & forecast in terms of volume, and value for Automotive Turbocharger market. Company profiles, Competitive....
Market sizing & forecast in terms of volume, and value for Automotive Turbocharger market. Company profiles, Competitive landscape, Market Overview
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