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

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 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 (2016–2025), in terms of volume (000’ units) and value (USD million)
• To segment and forecast the global market size, by value and volume, by technology
• To segment and forecast the global 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 global market and forecast the market size, by value and volume, by off-highway application
• To segment the global 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 company’s specific needs.

• Global Market, By Technology
  • VGT / VNT, by Country
  • Wastegate turbocharger, by country
  • Electric turbocharger, by country

• Global 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
• Global 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 Global Market
    4.2 Automotive Turbocharger Market, By Technology
    4.3 Global Market, By Fuel Type
    4.4 Automotive Turbocharger Market, By Vehicle Type
    4.5 Global Market, By Material,
    4.6 Automotive Turbocharger Market, By Off-Highway Vehicles
    4.7 Global 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 Global 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, 2016–2025 (000’ Units)
Table 4 Global Market, By Vehicle Type, 2016–2025 (USD Million)
Table 5 Passenger Car: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 6 Passenger Car: Market, By Region, 2016–2025 (USD Million)
Table 7 LCV: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 8 LCV: Market, By Region, 2016–2025 (USD Million)
Table 9 Truck: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 10 Truck: Market, By Region, 2016–2025 (USD Million)
Table 11 Bus: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 12 Bus: Market, By Region, 2016–2025 (USD Million)
Table 13 Automotive Turbocharger Market, By Fuel Type (000’ Units)
Table 14 Global Market, By Fuel Type (USD Million)
Table 15 Diesel Usage in Passenger Cars, By Region
Table 16 Diesel: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 17 Diesel: Market, By Region, 2016–2025 (USD Million)
Table 18 Gasoline Usage in Passenger Cars, By Region
Table 19 Gasoline: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 20 Gasoline: Market, By Region, 2016–2025 (USD Million)
Table 21 Automotive Turbocharger Market, By Technology, 2016-2025 (000’ Units)
Table 22 Global Market, By Technology, 2016-2025 (USD Million)
Table 23 VGT: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 24 VGT: Market, By Region, 2016–2025 (USD Million)
Table 25 Wastegate: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 26 Wastegate: Market, By Region, 2016–2025 (USD Million)
Table 27 Electric Turbocharger: Automotive Turbocharger Market, By Region, 2020–2025 (000’ Units)
Table 28 Electric Turbocharger: Market, By Region, 2020 –2025 (USD Million)
Table 29 Automotive Turbocharger Market, By Material, 2016–2025 (000’ Tons)
Table 30 Automotive Turbocharger Material Market, By Vehicle Type, 2016–2025 (000’ Tons)
Table 31 Cast Iron: Automotive Turbocharger Material Market, By Vehicle Type, 2016–2025 (000’ Tons)
Table 32 Aluminum: Automotive Turbocharger Material Market, By Vehicle Type, 2016–2025 (000’ Tons)
Table 33 Others: Automotive Turbocharger Material Market, By Vehicle Type, 2016–2025 (000’ Tons)
Table 34 Hybrid & Plug in Hybrid Electric Vehicle Turbocharger Market, 2016–2025 (000’ Units)
Table 35 Hybrid & Plug in Hybrid Electric Vehicle Turbocharger Market, 2016–2025 (USD Million)
Table 36 HEV: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 37 HEV: Market, By Region, 2016–2025 (USD Million)
Table 38 PHEV: Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 39 PHEV: Market, By Region, 2016–2025 (USD Million)
Table 40 Off-Highway Turbocharger Market, By Application, 2016–2025 (000’ Units)
Table 41 Off-Highway Turbocharger Market, By Application, 2016–2025 (USD Million)
Table 42 Agricultural Tractor: Off-Highway Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 43 Agricultural Tractor: Off-Highway Turbocharger Market, By Region, 2016–2025 (USD Million)
Table 44 Construction Equipment: Off-Highway Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 45 Construction Equipment: Off-Highway Turbocharger Market, By Region, 2016–2025 (USD Million)
Table 46 Locomotive: Off-Highway Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 47 Locomotive: Off-Highway Turbocharger Market, By Region, 2016–2025 (USD Million)
Table 48 Automotive Turbocharger Aftermarket, By Region, 2016–2025 (000’ Units)
Table 49 Automotive Turbocharger Aftermarket, By Region, 2016–2025 (USD Million)
Table 50 Light Duty Vehicle: Automotive Turbocharger Aftermarket, By Region, 2016–2025 (000’ Units)
Table 51 Light Duty Vehicle: Automotive Turbocharger Aftermarket, By Region, 2016–2025 (USD Million)
Table 52 Heavy Commercial Vehicle: Automotive Turbocharger Aftermarket, By Region, 2016–2025 (000’ Units)
Table 53 Heavy Commercial Vehicle: Automotive Turbocharger Aftermarket, By Region, 2016–2025 (USD Million
Table 54 Automotive Turbocharger Market, By Region, 2016–2025 (000’ Units)
Table 55 Global Market, By Region, 2016–2025 (USD Million)
Table 56 North America: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 57 North America: Market, By Country, 2016–2025 (USD Million)
Table 58 US: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 59 US: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 60 Canada: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 61 Canada: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 62 Mexico: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 63 Mexico: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 64 Europe: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 65 Europe: Market, By Country, 2016–2025 (USD Million)
Table 66 Germany: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 67 Germany: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 68 France: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 69 France: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 70 Spain: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 71 Spain: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 72 UK: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 73 UK: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 74 Turkey: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 75 Turkey: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 76 Others: Automotive Turbocharger Market, By Vehicle Type, 2016–2025 (000’ Units)
Table 77 Others: Market, By Vehicle Type, 2016–2025 (USD Million)
Table 78 Asia Oceania: Automotive Turbocharger Market, By Country, (000’ Units)
Table 79 Asia Oceania: Market, By Country, (USD Million)
Table 80 China: Automotive Turbocharger Market, By Country, (000’ Units)
Table 81 China: Market, By Country, (USD Million)
Table 82 India: Automotive Turbocharger Market, By Country, (000’ Units)
Table 83 India: Market, By Country, (USD Million)
Table 84 Japan: Automotive Turbocharger Market, By Country, (000’ Units)
Table 85 Japan: Market, By Country, (USD Million)
Table 86 South Korea: Automotive Turbocharger Market, By Country, (000’ Units)
Table 87 South Korea: Market, By Country, (USD Million)
Table 88 Ohers: Automotive Turbocharger Market, By Country, (000’ Units)
Table 89 Others: Market, By Country, (USD Million)
Table 90 RoW: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 91 RoW: Market, By Country, 2016–2025 (USD Million)
Table 92 Brazil: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 93 Brazil: Market, By Country, 2016–2025 (USD Million)
Table 94 Argentina: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 95 Argentina: Market, By Country, 2016–2025 (USD Million)
Table 96 Iran: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 97 Iran: Market, By Country, 2016–2025 (USD Million)
Table 98 South Africa: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 99 South Africa: Market, By Country, 2016–2025 (USD Million)
Table 100 Others: Automotive Turbocharger Market, By Country, 2016–2025 (000’ Units)
Table 101 Others: Market, By Country, 2016–2025 (USD Million)
Table 102 Expansions, 2015–2018
Table 103 New Product Launches/Developments, 2015–2017
Table 104 Supply Contracts, 2012–2017
Table 105 Partnerships/Joint Ventures, 2013

List of Figures (59 Figures)

Figure 1 Markets Segments of Automotive Turbocharger Market
Figure 2 Global 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 Global Market, By Region, 2018–2025 (USD Billion)
Figure 9 Global Market, By Fuel Type, 2018–2025 (USD Billion)
Figure 10 Global Market, By Technology, 2018–2025 (USD Million)
Figure 11 Global Market, By Material, 2018-2025 (’000 Tons)
Figure 12 Off-Highway Automotive Turbocharger Market, By Region, 2018–2025 (USD Million)
Figure 13 Automotive Turbocharger Market, By Vehicle Type, 2018–2025 (USD Billion)
Figure 14 Global Market, By Hybrid and Plug I Hybrid Electric Vehicle, 2018–2025 (USD Million)
Figure 15 Automotive Turbocharger Aftermarket, By Region, 2018–2025 (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, 2016–2025 (‘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 Global Market, By Fuel Type, 2018 vs 2025 (USD Million).
Figure 32 Automotive Turbocharger Market, By Technology, 2018 vs 2025 (USD Million)
Figure 33 Global Market, By Material Type, 2018–2025 (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, 2018–2025 (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, 2016–2017
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 global 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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