Automotive Turbocharger Market

Automotive Turbocharger Market worth $31.61 billion by 2025

The report "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 automotive turbocharger market 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 increasing production of commercial vehicles where turbochargers are a standard fitment and shift from diesel to gasoline cars owing to emission regulations. Addition to that changing consumer preferences for greater power generating vehicles, increasing use of gasoline turbocharger and stringent emission regulations.

Browse 105 market data Tables and 59 Figures spread through 163 Pages and in-depth TOC on "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"
https://www.marketsandmarkets.com/Market-Reports/turbochargers-market-919.html

HEV is projected to have the largest demand for automotive turbochargers in the near future

The growth of the application of turbocharger in HEV will greatly be seen in North America and Europe region due to their advanced state of the art technology and strict emissions norms. Particularly high-end cars such as    Lexus ES, and Mercedes E-Class, among others. Growth of the application of turbocharger is more in V6 and V8 engine. Some of them are also equipped with twin turbo. Countries from North America, and Europe have largest market for such high-end cars. Even these regions are providing various incentives and tax rebates for the purchase of HEVs, which is ultimately driving the HEV market in North America and Europe regions.

Electric turbocharger market is expected to have the fastest growth in automotive turbocharger market, by technology

Electric turbochargers are turbochargers using an electric motor to overcome the time lag of the exhaust gas-driven turbine. An electric turbocharger is a new technology and can be operational only with 48-volt architecture. Cars based on 48-volt architecture are expected to get commercialized by 2020 as per MarketsandMarkets analysis. There are many developments going on across the world. For instance, DENSO has announced it will invest approximately USD 1.6 billion from 2018 to late 2020 – to support its aggressive development and production of electrified automotive products, systems and technologies.

Asia Oceania is projected to be the largest and the fastest growing automotive turbocharger market

The Asia Oceania market is estimated to account for the largest share, by value, in 2018. The growth is attributed to upcoming emission regulations such as China 6 in China and BS 6 regulation in India. These regulations will increase the demand for fuel-efficient vehicles and, therefore, will lead the automotive turbocharger market in Asia.  To achieve these 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.

Automotive turbocharger market consists of manufacturers such as Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany).

Don’t miss out on business opportunities in Automotive Turbocharger Market . Speak to our analyst and gain crucial industry insights that will help your business grow.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
sales@marketsandmarkets.com

Report Code
AT 2628
PR Published ON
6/14/2018
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

Home