Automotive Turbocharger Market

Automotive Turbocharger Market by Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Fuel Type, On-Highway Vehicles (Passenger Car, LCV, Truck & Bus), OHV (Agriculture, Construction), Aftermarket and Region - Global Forecast to 2027

Report Code: AT 2628 Nov, 2019, by marketsandmarkets.com

The Automotive Turbocharger Market is estimated to be USD 12.5 billion in 2019 and is projected to reach USD 26.4 billion by 2027, at a CAGR of 9.8% from 2019 to 2027. Owing to emission regulation limits, OEMs have always preferred light-weighting as one of the strategies to meet the norms. Engine Downsizing is one of such light-weighting trends widely accepted over the globe. However, with further decrease in emission limits and an increase in fuel efficiency limits in upcoming regulations, the light-duty vehicles are shifting towards direct gasoline engines (GDI), thus, increasing the demand for gasoline turbochargers in the coming years.

Automotive Turbocharger Market

Increase in demand for gasoline engines in light-duty vehicles to drive the market for gasoline turbochargers

The commercial vehicles are mostly diesel-powered, globally, and are almost all of them are equipped with turbochargers, which makes the diesel turbo market matured. Owing to the mentioned reasons, the demand for gasoline turbochargers is growing at a rapid rate. The adoption of TGDI in gasoline vehicles has increased the market for gasoline turbocharger and stringent emission norms will drive the market. With growing stringency in emission regulations, the OEMs are also shifting towards CNG or alternate fuel vehicles, including in heavy commercial vehicles. Though the penetration of these alternate fuel vehicles is limited, owing to the benefits such as better fuel efficiency, cleaner source of energy, and low cost as compared with traditional fuels, the demand for these vehicles is projected to grow in near future. This would also shift the turbocharger demand.

Construction Equipment is projected to be the fastest growing segment for OHV turbochargers

Turbochargers find an indispensable application in off-highway vehicles, such as construction vehicles, and agricultural tractors.  According to industry experts, the low HP tractors do not have turbochargers installed, whereas, almost all high HP tractors are usually equipped with turbochargers. Alternatively, almost all construction equipment is expected to be equipped with turbochargers.  As the electrification in OHV equipment is estimated to be limited at least till next 4-5 years, this is not expected to impact the demand for OHV turbochargers in near future. Construction equipment industry has witnessed substantial growth, particularly in emerging economies such as China and India. Hence, Asia Pacific is expected to witness an annual growth of 6.3%, whereas the overall global growth rate is expected to be 4.4% in the next 8 years.

Heavy Duty vehicles segment projected to showcase largest demand for turbochargers in aftermarket

The turbocharger is designed in such that it usually lasts as long as the engine. It does not require any special maintenance, and inspection is limited to a few periodic checks. When the engine is running at rpm of anywhere between 2,000-6,000 rpm, the turbocharger is running at a speed of 150,000 rpm. However, factors such as thermal cracking, oxidation/rusting of turbo components, and metal fatigue of rotating parts might damage the turbocharger, which can lead to turbocharger replacement. Considering higher number of miles driven by HCVs, the replacement rate of turbochargers is very high in these vehicles. The average miles driven by HCVs in different regions ranges from 29,000 miles to 30,500 miles per year and hence, the heavy commercial vehicles are estimated to lead the aftermarket demand for turbochargers.

Automotive Turbocharger Market

“Asia Oceania to dominate the automotive turbocharger market.”

Asia Oceania is estimated to be the largest market for automotive turbochargers. The automotive industry has changed the landscape of the Asia Pacific region. Increased production of automobiles, the presence of key players such as IHI, continental AG, Mitsubishi heavy in Source: Secondary research, primary research, and MarketsandMarkets Analysis dustries, BorgWarner have broadened the scope for turbochargers in this region. China’s passenger car production is estimated to cross 24 million by 2024, with 50% of them already equipped with TGDI now will expand the turbocharger market. Other emerging economies stress on cleaner vehicles such as Mild hybrid vehicles, and stringent emission norms will positively impact the turbocharger industry in the future.

Key Market Players

Automotive turbocharger market is dominated by manufacturers such Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany), Bosch Mahle (Germany), Cummins  (US), ABB (Switzerland), TEL (India), and Delphi Technologies (UK), Rotomaster International (Canada), Precision Turbo & Engine INC(US), Turbonetics(US), Turbo International (US), Kompressorenabu Bannewitz GMBH(Germany), Turbo Dynamic Ltd.(UK), Fuyuan Turbocharger Co. Ltd.(China), Hunan Tyen Machinery Co. Ltd. (China), Ningbo Motor Industrial Co. Ltd. (China), Calsonic Kansei (Japan).

Scope of the Report

Report Metric

Details

 

Market Size Available for Years

 

2017–2025

Base Year Considered

2018

Forecast Period

2019–2027

Forecast Units

Value (USD million/billion) and Volume (‘000/million units) (for automotive industry)

Segments Covered

Market, By Technology, Material, Fuel Type, On- & Off-Highway Vehicles, Aftermarket and Region

Geographies Covered

Asia Oceania, Europe, North America, and RoW

Companies Covered

Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany), Bosch Mahle (Germany), Cummins  (US), ABB (Switzerland), TEL (India), and Delphi Technologies (UK), Rotomaster International (Canada), Precision Turbo & Engine INC(US), Turbonetics(US), Turbo International (US), Kompressorenabu Bannewitz GMBH(Germany), Turbo Dynamic Ltd.(UK), Fuyuan Turbocharger Co. Ltd.(China), Hunan Tyen Machinery Co. Ltd. (China), Ningbo Motor Industrial Co. Ltd. (China), Calsonic Kansei (Japan).

Automotive Turbocharger Market, By Vehicle Type

  • Passenger cars
  • Light commercial vehicles
  • Truck
  • Bus

Automotive Turbocharger Market, By Fuel Type

  • Diesel
  • Gasoline
  • CNG/Alternate fuels

Automotive Turbocharger Market, By Technology

  • VNT/VGT
  • Wastegate
  • Electric
  • Twin-turbo
  • Free-floating
  • Double Axle

Automotive Turbocharger Market, By Material

  • Cast iron
  • Aluminum
  • Others

Automotive Turbocharger Market, By Components

  • Turbine
  • Compressor
  • Housing

Automotive Turbocharger Market, By Application

  • Agricultural tractors
  • Construction equipment

Automotive Turbocharger Aftermarket, By Vehicle Type

  • Passenger Cars
  • Light-Duty Vehicles
  • Heavy-Duty vehicles

Automotive Turbocharger Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the world

Recent Developments:

  • May, 2019: Continental announced that its powertrain business became an independent entity and would trade under the name of “Vitesco Technologies.” The corporation would be managed under the new umbrella brand, Continental Group, as a holding company with the three divisions: Rubber, Automotive, and Powertrain.
  • April, 2019: BorgWarner expanded its turbocharger product line by introducing 13 new turbochargers. Its aftermarket product portfolio was designed for lightweight, heavy-duty, and utility vehicles.
  • May, 2019: Continental powertrain unveiled the ring catalyst turbocharger, a solution for all powertrain configurations such as software, hardware, control units, exhaust gas after treatment, and electrification. This new catalyst turbocharger was designed to reduce fluid dynamic losses and increase efficiency.

Key Questions Answered by the Report:

  • What is the regional demand for turbochargers by different technologies?
  • What is the present vs future material choices for turbocharger materials?
  • What would be the future mix of fuel types and how would it impact the demand for turbochargers in near future?
  • How would the demand for turbochargers be in different On- & Off-Highway vehicle types?
  • What is the aftermarket potential of automotive turbochargers?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 22)
    1.1 Objectives
    1.2 Market Definition
    1.3 Inclusions & Exclusions
    1.4 Market Scope
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 25)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Key Secondary Sources Referred for Vehicle Production
                    2.1.1.2 Key Secondary Sources Referred for Market Sizing
                    2.1.1.3 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Sampling Techniques & Data Collection Methods
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach: Automotive Turbocharger Market
           2.2.2 Bottom-Up Approach: Off-Highway Turbocharger Market
           2.2.3 Approach 2: Top-Down Approach: Automotive Turbocharger Material Market
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 35)

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 Region
    4.8 Automotive Turbocharger Aftermarket

5 Market Overview (Page No. - 42)
    5.1 Introduction
    5.2 Years Considered for the Study
    5.3 Currency and Pricing
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Decrease in Emission Limits in Upcoming Emission Regulations
                    5.4.1.2 Increased Demand for Passenger Car Gasoline Engines
           5.4.2 Restraints
                    5.4.2.1 Higher Maintenance Cost and More Cooling Oil Requirements
                    5.4.2.2 Decrease in Vehicle Production in the Last Few Years
           5.4.3 Opportunities
                    5.4.3.1 Electric Turbochargers Will Give a Boost to the Future Demand for Turbochargers
           5.4.4 Challenges
                    5.4.4.1 Turbo Lag
                    5.4.4.2 Durable, Temperature Resistant, Economical Materials for Turbochargers
    5.5 Revenue Shift for the Turbocharger Manufacturers
    5.6 Automotive Turbocharger Market, Scenarios (2017–2027)
           5.6.1 Automotive Turbocharger Market, Most Likely Scenario
           5.6.2 Automotive Turbocharger Market, Optimistic Scenario
           5.6.3 Automotive Turbocharger Market, Pessimistic Scenario

6 Automotive Turbocharger Market, By Vehicle Type (Page No. - 54)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
    6.1 Introduction
           6.1.1 Research Methodology
           6.1.2 Assumptions
           6.1.3 Global Vehicle Production Data
    6.2 Passenger Cars
           6.2.1 Increasing Passenger Car Production Will Boost the Turbocharger Market in Asia Pacific and Europe
    6.3 Light Commercial Vehicles
           6.3.1 Increasing Trend of Turbocharger Application in LCV Will Boost the Growth of the North America Market
    6.4 Truck
           6.4.1 Growth in Construction, Infrastructure & Transportation Sectors to Drive the Automotive Turbocharger Demand
    6.5 Bus
           6.5.1 Increasing Demand for Public and Private Transportation to Boost the Market for Buses in Asia

7 Automotive Turbocharger Market, By Fuel Type (Page No. - 62)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
    7.1 Introduction
           7.1.1 Research Methodology
           7.1.2 Assumptions
           7.1.3 Industry Insights
    7.2 Diesel
           7.2.1 Increasing Stringent Emission Norms Will Impact the Automotive Turbocharger Market
    7.3 Gasoline
           7.3.1 Increasing Demand From Europe Will Drive the Market for Gasoline Vehicles
    7.4 Alternate Fuel/CNG 
           7.4.1 Subsidized Price and Environmental Benefits Will Help CNG Vehicles to Grow

8 Automotive Turbocharger Market, By Technology (Page No. - 69)
Note: The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
    8.1 Introduction
           8.1.1 Research Methodology
           8.1.2 Assumptions
           8.1.3 Industry Insights
    8.2 Variable Geometry Turbocharger (VGT/VNT)
           8.2.1 Demand for High Efficiency and Low Carbon Emission Technology Will Drive the Variable Geometry Turbocharger Market
    8.3 Wastegate Turbocharger
           8.3.1 Increasing Demand for Small Cars in Asia Pacific Will Drive the Wastegate Turbocharger Market
    8.4 Electric Turbocharger
           8.4.1 Use of 48v Architecture in Future Cars and Plug-In Hybrid Will Drive the Electric Turbocharger Market
    8.5 Variable Twin Scroll Turbocharger
    8.6 Twin Turbocharger
           8.6.1 Two Stage Series Turbocharger
           8.6.2 Two Stage Parallel Turbocharger
           8.6.3 Twin Scroll Turbocharger
    8.7 Free-Floating Turbocharger
    8.8 Double Axle Turbocharger
    8.9 Market Leaders

9 Automotive Turbocharger Market, By Material (Page No. - 78)
Note: The Chapter is Further Segmented By Vehicle Type (Light-Duty Vehicle and Heavy Duty Vehicles)
    9.1 Introduction
           9.1.1 Research Methodology
           9.1.2 Assumptions
           9.1.3 Industry Insights
    9.2 Cast Iron
           9.2.1 Demand for Cost Effective and Heat Resistant Material Will Help the Cast Iron Market to Grow
    9.3 Aluminum
           9.3.1 Use of Aluminum Turbine Housing in Ldv Will Increase in Future
    9.4 Other Materials
           9.4.1 Use of Other Materials in Performance Cars Will Drive the Turbocharger Market

10 Automotive Turbocharger Market, By Components (Page No. - 84)
     10.1 Introduction
             10.1.1 Industry Insights
     10.2 Turbine
     10.3 Compressor
     10.4 Housing

11 Off-Highway Turbocharger Market, By Industry (Page No. - 86)
Note: The Chapter is Further Segmented By Agriculture Tractor and Construction Equipment and at Regional Level (Asia Pacific, Europe, North America and RoW)
     11.1 Introduction
             11.1.1 Research Methodology
             11.1.2 Assumptions
             11.1.3 Industry Insights
     11.2 Agriculture Tractor
             11.2.1 Increasing Demand for High Performance Power Tractor Will Drive the Demand for Automotive Turbocharger
     11.3 Construction Equipment
             11.3.1 Growth in Construction & Infrastructure Activities in Asia Pacific and North America Will Drive the Market

12 Automotive Turbocharger Aftermarket, By Vehicle Type (Page No. - 92)
Note: The Chapter is Further Segmented By Light Commercial Vehicle and Heavy Commercial Vehicle and Regional Level (Asia Pacific, Europe, North America and RoW)
     12.1 Introduction
             12.1.1 Research Methodology
             12.1.2 Assumptions
             12.1.3 Industry Insights
     12.2 Light Commercial Vehicle (LCV)
             12.2.1 Increasing Adoption of Turbocharger for LCV in North America Will Boost the Demand in Future
     12.3 Heavy Commercial Vehicle (HCV)
             12.3.1 HCV Will Lead the Market, Due to the High Miles Driven Compare With the LCV’s

13 Automotive Turbocharger Market, By Region (Page No. - 98)
Note: The Chapter is Further Segmented at Regional and Country Level Further Segmented By Passenger Cars, Light Commercial Vehicle, Truck and Bus.
     13.1 Introduction
             13.1.1 Research Methodology
             13.1.2 Assumptions/Limitations
             13.1.3 Industry Insights
     13.2 Asia Pacific
             13.2.1 Asia Pacific Vehicle Production Data
             13.2.2 Increase in Passenger Car Sales Will Drive the Market
             13.2.3 China
                       13.2.3.1 China Vehicle Production Data
                       13.2.3.2 Emission Norms, Popularity of TGDI Will Drive the Market
             13.2.4 India
                       13.2.4.1 India Vehicle Production Data
                       13.2.4.2 Increase in Gasoline Vehicles Will Drive the Market
             13.2.5 Japan
                       13.2.5.1 Increasing use of TGDI Engine Will Drive the Market
                       13.2.5.2 Increased Production of Hev Will Drive the Market
             13.2.6 South Korea
                       13.2.6.1 South Korea Vehicle Production Data
                       13.2.6.2 Emission Norms, Shift Towards Gasoline Will Drive the Market
             13.2.7 Thailand
                       13.2.7.1 Thailand Vehicle Production Data
                       13.2.7.2 Stringent Emission Norms to Drive the Market
             13.2.8 Indonesia
                       13.2.8.1 Indonesia Vehicle Production Data
                       13.2.8.2 Availability of High-Quality Gasoline, Government Incentives to Promote Clean Transportation Will Drive the Market
             13.2.9 Rest of Asia Pacific
                       13.2.9.1 Rest of Asia Pacific Vehicle Production Data
                       13.2.9.2 Stringent Emission Norms, Growing Economy Will Drive the Market
     13.3 Europe
             13.3.1 Europe Vehicle Production Data
             13.3.2 Stringent Emission Limits Will Drive the Market
             13.3.3 Germany
                       13.3.3.1 Germany Vehicle Production Data
                       13.3.3.2 Emission Norms, Shift Toward Gasoline Vehicles Will Drive the Market
             13.3.4 France
                       13.3.4.1 France Vehicle Production Data
                       13.3.4.2 Production of Mild Hybrid Vehicles, Ban on Diesel Vehicles Will Drive the Market
             13.3.5 UK
                       13.3.5.1 UK Vehicle Production Data
                       13.3.5.2 Lenient Gasoline Emission Norms Will Drive the Market
             13.3.6 Spain
                       13.3.6.1 Spain Vehicle Production Data
                       13.3.6.2 Increased Sales of Gasoline Vehicles Will Drive the Market
             13.3.7 Italy
                       13.3.7.1 Italy Vehicle Production Data
                       13.3.7.2 Government Subsidies, Mild Hybrid Vehicles Will Drive the Market
             13.3.8 Russia
                       13.3.8.1 Russia Vehicle Production Data
                       13.3.8.2 Stringent Emission Norms, Popularity of Ngv Will Drive the Market
             13.3.9 Turkey
                       13.3.9.1 Turkey Vehicle Production Data
                       13.3.9.2 Reduced Emission Limits for Diesel Vehicles Will Drive the Market
               13.3.10 Poland
            13.3.10.1 Growing Production of Heavy Duty Vehicles, Presence of Key Players Will Drive the Market
               13.3.11 Slovakia
            13.3.11.1 Stringent Emission Norms, Increased Production of Passenger Cars Will Drive the Market
               13.3.12 Rest of Europe
            13.3.12.1 Rest of Europe Vehicle Production Data
            13.3.12.2 Stringent Emission Norms, Growing Economy Will Drive the Market
     13.4 North America
             13.4.1 North America Vehicle Production Data
             13.4.2 Increasing Demand for TGDI Will Drive the Market
             13.4.3 US
                       13.4.3.1 US Vehicle Production Data
                       13.4.3.2 Increasing Adaption of TGDI Engine And, Stringent Emission Norms Will Drive the Market
             13.4.4 Canada
                       13.4.4.1 Canada Vehicle Production Data
                       13.4.4.2 Demand for Higher Fuel Economy Will Drive the Market
             13.4.5 Mexico
                       13.4.5.1 Mexico Vehicle Production Data
                       13.4.5.2 Rising Fuel Prices, Stringent Emission Norms Will Drive the Market
     13.5 RoW
             13.5.1 RoW Vehicle Production Data
             13.5.2 Growing Economy, Stringent Emission Norms Will Drive the Market
             13.5.3 Brazil
                       13.5.3.1 Brazil Vehicle Production Data
                       13.5.3.2 Increased Sales of Diesel Vehicles, Mild Hybrid Vehicles Will Drive the Market
             13.5.4 Argentina
                       13.5.4.1 Argentina Vehicle Production Data
                       13.5.4.2 Shift Toward Alternate Fuels Will Drive the Market
             13.5.5 Iran
                       13.5.5.1 Iran Vehicle Production Data
                       13.5.5.2 Stringent Emission Norms, Exploration of Natural Gas Reserves Will Drive the Market
             13.5.6 South Africa
                       13.5.6.1 South Africa Vehicle Production Data
                       13.5.6.2 Increased Popularity of TGDI, Presence of Key Players Will Drive the Market
             13.5.7 Others
                       13.5.7.1 Others Vehicle Production Data
                       13.5.7.2 Push Toward Cleaner Transportation Will Drive the Market

14 Recommendations By Markets and Markets (Page No. - 134)
     14.1 Asia Pacific Will be the Major Market for Automotive Turbocharger
     14.2 Electric Turbocharger Can be a Key Focus for Manufacturers
     14.3 Conclusion

15 Competetive Landscape (Page No. - 135)
     15.1 Overview
     15.2 Automotive Turbocharger Market: Market Ranking Analysis
     15.3 Competitive Scenario
             15.3.1 New Product Developments
             15.3.2 Expansions
             15.3.3 Competitive Leadership Mapping
             15.3.4 Visionary Leaders
             15.3.5 Innovators
             15.3.6 Dynamic Differentiators
             15.3.7 Emerging Companies
     15.4 Competitive Leadership Mapping: Turbocharger Manufacturers
             15.4.1 Strenght of Product Portfolio
             15.4.2 Business Strategy Excellence
     15.5 Competitive Leadership Mapping: Component Suppliers
             15.5.1 Strength of Product Portfolio
             15.5.2 Business Strategy Excellence
     15.6 Right to Win

16 Company Profiles (Page No. - 148)
     16.1 Key Players
(Overview, Products Offered, Organic/Inorganic Developments, SWOT Analysis, and MnM View)*
             16.1.1 Honeywell
             16.1.2 Continental AG
             16.1.3 Borgwarner
             16.1.4 Mitsubishi Heavy Industries
             16.1.5 IHI
             16.1.6 Bmts Technology
             16.1.7 Cummins
             16.1.8 ABB
             16.1.9 TEL
               16.1.10 Delphi Technologies
* Overview, Products Offered, Organic/Inorganic Developments, SWOT Analysis, and MnM View Might Not be Captured in Case of Unlisted Companies.
     16.2 Additional Company Profiles
             16.2.1 North America
                       16.2.1.1 Rotomaster International
                       16.2.1.2 Precision Turbo & Engine INC.
                       16.2.1.3 Turbonetics Inc.
                       16.2.1.4 Turbo International
             16.2.2 Europe
                       16.2.2.1 Kompressorenbau Bannewitz GmbH
                       16.2.2.2 Turbo Dynamics Ltd.
                       16.2.2.3 Cimos
             16.2.3 Asia Pacific
                       16.2.3.1 Calsonic Kansei
                       16.2.3.2 Weifang Fuyuan Turbocharger Co., Ltd.
                       16.2.3.3 Hunan Tyen Machinery Co., Ltd.
                       16.2.3.4 Ningbo Motor Industrial Co., Ltd.

17 Appendix (Page No. - 171)
     17.1 Insights of Industry Experts
     17.2 Discussion Guide
     17.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     17.4 Available Customizations
             17.4.1 Automotive Turbocharger Market, By Technology
                       17.4.1.1 VGT/VNT Market, By Country Mining
                       17.4.1.2 Wastegate Turbocharger, By Country
                       17.4.1.3 Electric Turbocharger Market, By Country
             17.4.2 Vehicle Type-Wise Turbocharger Technology Analysis
             17.4.3 Locomotive Turbocharger Market, By Region
                       17.4.3.1 Asia Pacific
                       17.4.3.2 Europe
                       17.4.3.3 North America
                       17.4.3.4 RoW
             17.4.4 Marine Turbochargers Market, By Region
                       17.4.4.1 Asia Pacific
                       17.4.4.2 Europe
                       17.4.4.3 North America
                       17.4.4.4 RoW
             17.4.5 Detailed Analysis and Profiling of Additional Market Players
     17.5 Related Reports
     17.6 Author Details


List of Tables (140 Tables)

Table 1 Currency Exchange Rates (Wrt Per USD)
Table 2 Overview of Emission Regulation Specifications for Passenger Cars, 2016–2021
Table 3 Emission Norms in Key Countries for Passenger Cars
Table 4 Automotive Turbocharger Market (Most Likely), By Region, 2017–2027 (USD Million)
Table 5 Automotive Turbocharger Market (Optimistic), By Region, 2017–2027 (USD Million)
Table 6 Automotive Turbocharger Market (Pessimistic), By Region, 2017–2027 (USD Million)
Table 7 Global Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 8 Automotive Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 9 Automotive Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 10 Passenger Car Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 11 Passenger Car Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 12 Light Commercial Vehicles Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 13 Light Commercial Vehicles Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 14 Truck Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 15 Truck Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 16 Bus Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 17 Bus Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 18 Automotive Turbocharger Market, By Fuel Type, 2017–2027 (’000 Units)
Table 19 Automotive Turbocharger Market, By Fuel Type, 2017–2027 (USD Million)
Table 20 Diesel Usage in Passenger Cars, By Region, 2018 vs 2022 vs 2025 (%)
Table 21 Diesel Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 22 Diesel Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 23 Gasoline Usage in Passenger Cars, By Region, 2018 vs 2022 vs 2025 (%)
Table 24 Gasoline Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 25 Gasoline Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 26 CNG Usage in Passenger Cars, By Region, 2018 vs 2022 vs 2025 (%)
Table 27 Alternate Fuel/CNG Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 28 Alternate Fuel/CNG Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 29 Automotive Turbocharger Market, By Technology Type, 2017–2027 (’000 Units)
Table 30 Automotive Turbocharger Market, By Technology Type, 2017–2027 (USD Million)
Table 31 VGT Market, By Region, 2017–2027 (’000 Units)
Table 32 VGT Market, By Region, 2017–2027 (USD Million)
Table 33 Wastegate Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 34 Wastegate Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 35 Electric Turbocharger Market, By Region, 2017-2027 (’000 Units)
Table 36 Electric Turbocharger Market, By Region, 2017-2027 (USD Million)
Table 37 Recent Developments, 2017-2019
Table 38 Automotive Turbocharger Market, By Material, 2017–2027 (’000 Tons)
Table 39 Automotive Turbocharger Material Market, By Vehicle Type, 2017–2027 (‘000 Tons)
Table 40 Cast Iron Market for Turbochargers, By Vehicle Type, 2017–2027 (’000 Tons)
Table 41 Aluminum Market for Turbochargers, By Vehicle Type, 2017–2027 (’000 Tons)
Table 42 Other Materials Market for Turbochargers, By Vehicle Type, 2017–2027 (’000 Tons)
Table 43 Off-Highway Turbocharger Market, By Industry, 2017–2027 (’000 Units)
Table 44 Off-Highway Vehicle Turbocharger Market, By Industry, 2017–2027 (USD Million)
Table 45 Agriculture Tractor Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 46 Agriculture Tractor Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 47 Construction Equipment Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 48 Construction Equipment Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 49 Automotive Turbocharger Aftermarket, By Region, 2017–2027 (’000 Units)
Table 50 Automotive Turbocharger Aftermarket, By Region, 2017–2027 (USD Million)
Table 51 LCV Turbocharger Aftermarket, By Region, 2017–2027 (’000 Units)
Table 52 LCV Turbocharger Aftermarket, By Region, 2017–2027 (USD Million)
Table 53 HCV Turbocharger Aftermarket, By Region, 2017–2027 (’000 Units)
Table 54 HCV Turbocharger Aftermarket, By Region, 2017–2027 (USD Million)
Table 55 Automotive Turbocharger Market, By Region, 2017–2027 (’000 Units)
Table 56 Automotive Turbocharger Market, By Region, 2017–2027 (USD Million)
Table 57 Asia Pacific: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 58 Asia Pacific Turbocharger Market, By Country, 2017–2027 (’000 Units)
Table 59 Asia Pacific Turbocharger Market, By Country, 2017–2027 (USD Million)
Table 60 China: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 61 China Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 62 China Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 63 India: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 64 India Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 65 India Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 66 Japan: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 67 Japan Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 68 Japan Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 69 South Korea: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 70 South Korea Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 71 South Korea Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 72 Thailand: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 73 Thailand Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 74 Thailand Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 75 Indonesia: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 76 Indonesia Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 77 Indonesia Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 78 Rest of Asia Pacific: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 79 Rest of Asia Pacific Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 80 Rest of Asia Pacific Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 81 Europe: Vehicle Production, By Vehicle Type, 2014–2017 (‘000 Units)
Table 82 Europe Turbocharger Market, By Country, 2017–2027 (’000 Units)
Table 83 Europe Turbocharger Market, By Country, 2017–2027 (USD Million)
Table 84 Germany: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 85 Germany Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 86 Germany Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 87 France: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 88 France Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 89 France Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 90 UK: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 91 UK Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 92 UK Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 93 Spain: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 94 Spain Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 95 Spain Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 96 Italy: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 97 Italy Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 98 Italy Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 99 Russia: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 100 Russia Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 101 Russia Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 102 Turkey: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 103 Turkey Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 104 Turkey Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 105 Rest of Europe: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 106 Rest of Europe Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 107 Rest of Europe Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 108 North America: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 109 North America Turbocharger Market, By Country, 2017–2027 (’000 Units)
Table 110 North America Turbocharger Market, By Country, 2017–2027 (USD Million)
Table 111 US: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 112 US Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 113 US Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 114 Canada: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 115 Canada Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 116 Canada Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 117 Mexico: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 118 Mexico Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 119 Mexico Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 120 RoW: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 121 RoW Turbocharger Market, By Country, 2017–2027 (’000 Units)
Table 122 RoW Turbocharger Market, By Country, 2017–2027 (USD Million)
Table 123 Brazil: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 124 Brazil Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 125 Brazil Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 126 Argentina: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 127 Argentina Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 128 Argentina Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 129 Iran: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 130 Iran Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 131 Iran Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 132 South Africa: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 133 South Africa Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 134 South Africa Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 135 Others: Vehicle Production, By Vehicle Type, 2014–2017 (’000 Units)
Table 136 Others Turbocharger Market, By Vehicle Type, 2017–2027 (’000 Units)
Table 137 Others Turbocharger Market, By Vehicle Type, 2017–2027 (USD Million)
Table 138 Contracts, Agreements, and Partnerships, 2018–2019
Table 139 New Product Developments, 2018–2019
Table 140 Expansions, 2017–2019
 
 
List of Figures (54 Figures)
 
Figure 1 Market Segmentation: Automotive Turbocharger Market
Figure 2 Automotive Turbocharger Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Approach 1 - Bottom-Up Approach: Automotive Turbocharger Market
Figure 6 Bottom-Up Approach: Off-Highway Turbocharger Market
Figure 7 Top-Down Approach: Automotive Turbocharger Material Market
Figure 8 Data Triangulation
Figure 9 Automotive Turbocharger: Market Outlook
Figure 10 Automotive Turbocharger Market, By Region, 2019 Vs. 2024 Vs. 2027 (USD Million)
Figure 11 Stringent Emission and Fuel Economy Regulations to Drive the Automotive Turbocharger Market
Figure 12 Variable Geometry Turbocharger to Hold the Largest Share in the Automotive Turbocharger Market in 2019, By Value (USD Million)
Figure 13 Gasoline Turbocharger Market to Overtake Diesel Turbocharger Market, By Value (USD Million)
Figure 14 Passenger Cars to be the Largest and the Fastest Growing Turbocharger Market, By Value (USD Million)
Figure 15 Cast Iron Held the Largest Share in the Automotive Turbocharger Market in 2019, By Volume (’000 Tons)
Figure 16 Agricultural Tractors to be the Largest Turbocharger Market in Off-Highway Vehicles Segment, By Value (USD Million)
Figure 17 Asia Pacific to Dominate the Automotive Turbocharger Market During Forecast Period
Figure 18 Asia Pacific to be the Largest Aftermarket for Turbochargers, By Value (USD Million)
Figure 19 Automotive Turbocharger: Market Dynamics
Figure 20 Emission Limits Change in Europe
Figure 21 Emission Limits Change in China – China V vs China Vi
Figure 22 Trend of Gasoline Passenger Cars in Europe, 2016-2018 (Units)
Figure 23 Global Passenger Car Production, 2016-2018 (Million Units)
Figure 24 Global Electric Vehicle Sales, 2018 vs 2025
Figure 25 Upcoming Emission Regulations to Shift the Focus Towards Turbocharged Gasoline Engines and Electric Propulsion
Figure 26 Industry Insights
Figure 27 Automotive Turbocharger Market, By Vehicle Type, 2019 vs 2027 (USD Million)
Figure 28 Automotive Turbocharger Market, By Fuel Type, 2019 vs 2027 (USD Million)
Figure 29 Automotive Turbocharger Market, By Technology, 2019 vs 2027 (USD Million)
Figure 30 Automotive Turbocharger Market, By Material, 2019 vs 2027 (’000 Tons)
Figure 31 NRMM Upcoming vs Speculated Emission Regulations, 2019-2030
Figure 32 Off-Highway Vehicle Turbocharger Market, By Industry, 2019 vs 2027 (USD Million)
Figure 33 Automotive Turbocharger Aftermarket, By Region, 2019 vs 2027 (USD Million)
Figure 34 Automotive Turbocharger Market, By Region, 2019–2027 (USD Million)
Figure 35 Asia Pacific: Automotive Turbocharger Market Snapshot
Figure 36 Europe: Automotive Turbocharger Market Snapshot
Figure 37 Companies Adopted Expansions as the Key Growth Strategy, 2017–2019
Figure 38 Automotive Turbocharger Market: Market Ranking Analysis, 2018
Figure 39 Automotive Turbocharger Manufacturers: Competitive Leadership Mapping, 2018
Figure 40 Automotive Turbocharger Component Suppliers: Competitive Leadership Mapping, 2018
Figure 41 Honeywell: Company Snapshot
Figure 42 Garrett Motion Inc.: Company Snapshot
Figure 43 SWOT Analysis: Honeywell
Figure 44 Continental AG: Company Snapshot (2018)
Figure 45 SWOT Analysis: Continental AG
Figure 46 Borgwarner: Company Snapshot
Figure 47 Borgwarner: SWOT Analysis
Figure 48 Mitsubishi Heavy Industries: Company Snapshot
Figure 49 Mitsubishi Heavy Industries: SWOT Analysis
Figure 50 IHI: Company Snapshot
Figure 51 IHI: SWOT Analysis
Figure 52 Cummins: Company Snapshot
Figure 53 ABB: Company Snapshot (2018)
Figure 54 Delphi Technologies: Company Snapshot

The study involved four main activities in estimating the current size of the automotive turbocharger market. Exhaustive secondary research was done to collect information about the Automotive Turbocharger Market, By Technology, Material, On- & Off-Highway Vehicles, Fuel Type, Components, and Region. The next step was to validate these findings, assumptions, and market analysis with industry experts across the value chain through primary research. A mix of top-down and bottom-up approach was employed to estimate the overall market size for different segments considered in this study.

Secondary Research

The secondary sources referred for this research study include automotive industry organizations such as International council on clean transportation (ICCT); Organisation Internationale des Constructeurs d'Automobiles (OICA); European Automobile Manufacturers Association (ACEA); The Construction Equipment Association (CEA); Automotive Components manufacturers Association, International Energy Agency (IEA); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and regional component-related associations. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by multiple industry experts.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of the automotive turbocharger market scenario through secondary research. Several primary interviews were conducted with industry experts from both the demand- (OEMs and engine manufacturers) and the supply-side (turbocharger manufacturers, material suppliers) across four major regions, namely, Asia Oceania, Europe, North America, and the Rest of the World (RoW). Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.

After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the results as described in the remainder of this report.

Automotive Turbocharger Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach has been used to estimate and validate the size of the turbocharger market. In this approach, the vehicle production statistics for each vehicle type (passenger car, LCV, and HCV) at a country and regional level respectively have been considered. The country-level penetration rate of turbochargers in gasoline and diesel is derived through country-wise model mapping of vehicle types, and the same validated through primary respondents. This gives country-level gasoline and diesel turbochargers market by vehicle type.

Further, it is segmented at the regional level in terms of turbocharger type (wastegate, VGT/VNT, and electric turbocharger). To determine the market size, in terms of value, the country-level market size for automotive turbocharger is multiplied by the regional average selling price of each turbocharger type.  The summation of the country-level market gives the regional market, and further summation of the local market provides the global on-highway turbocharger market. A similar methodology has been followed to estimate the automotive turbocharger market for off-highway vehicles (construction, mining equipment, and agriculture tractors) and electric vehicles (BEV, HEV, and PHEV).

Data Triangulation

All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. All parameters that are said to affect the markets covered in this research study have been accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The following figure is an illustrative representation of the overall market size estimation process employed for this study.

Report Objectives

  • To define, describe, and forecast the Global Automotive turbocharger market, in terms of value (USD million)
  • To define, describe Automotive Turbocharger Market, by value and volume, based on turbocharger technology (VGT, WASTEGATE, ELECTRIC) at regional level
  • To define, describe Automotive Turbocharger Market in terms of value and volume, based on the material (CAST IRON, ALUMINUM & Others) at regional level.
  •  To define, describe Automotive Turbocharger Market, in terms of value and volume, based on fuel type (Gasoline, Diesel and CNG/Alternate Fuel) at regional level
  • To define, describe, and forecast the turbocharger market, by value and volume, based on On-Highway Vehicle Type (passenger cars, light commercial vehicles, trucks, and buses) and Off-Highway Vehicles (AGRICULTURE, CONSTRUCTION) at regional level
  • To define, describe, and forecast the turbocharger aftermarket, by value and volume, at regional level
  • To define, describe, and forecast the Global Automotive turbocharger market, by value, based on region (Asia Oceania, Europe, North America, and RoW)
  • To understand the market dynamics (drivers, restraints, opportunities, and challenges) of Global Automotive turbocharger market
  • To analyze the market share of the key players operating in the Global Automotive turbocharger market

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to the company’s specific needs.
The following customization options are available for the report:

Global Automotive Turbocharger Market, By Technology

  • VGT/VNT Market, By Country
  • Wastegate Turbocharger, By Country
  • Electric Turbocharger Market, By Country

Vehicle Type-wise Turbocharger Technology Analysis

Locomotive Turbocharger Market, By Region

  • Asia Oceania
  • Europe
  • North America
  • ROW

Marine Turbochargers Market, BY Region

  • Asia Oceania
  • Europe
  • North America
  • ROW

Detailed Analysis and Profiling of Additional Market Players

Report Code
AT 2628
Published ON
Nov, 2019
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Automotive Turbocharger Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
REQUEST A FREE WORKSHOP
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
ONLINE CHAT
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
© MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

...

Digital Virtual Assistant - MarketsandMarkets

Home