Global Automotive Turbocharger Market Information Report by Type (Gasoline Engine, Diesel Engine, and New Energy Engine), By Application (Passenger Vehicle and Commercial Vehicle), and by Region - Global Forecast to 2023
Turbocharger is a type of forced induction system which increases an internal combustion engine’s power output and efficiency by forcing air into the combustion chamber. Stringent environmental regulations, increasing trend for opting better fuel economy and to enhance the engine performance will boost the demand for the turbocharger, as the turbocharger are more fuel efficient and improves the power of the automotive engine.
Increasing demand for power generating automobile, need for fuel efficient engines will drive the passenger car segment of vehicle type and will have significant impact on the turbocharger market. The global Turbocharger market is expected to show a growth at CAGR of about 7.8% from 2016 to 2022.
Asia-Pacific is expected to dominate the turbocharger market in the forecast period and is followed by North America and Europe. Increased usage of vehicles, increasing need for power efficient passenger and commercial vehicles, high demand for fuel efficient engines in the economically emerging countries like China and India will drive the market of turbocharger in the Asia-Pacific region.
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Key Players of Turbocharger Market:
- Honeywell International Inc.
- Borgwarner Inc.
- IHI Corporation
- Mitsubishi Heavy Industries Ltd.
- Cummins Inc.
- Continental AG
- Eaton Corporation PLC
- Bosch Mahle Turbo Systems GmbH & Co. Kg
- Turbo Energy Private Limited
- Rotomaster International
Scope of the Report:
This study provides an overview of the global continuous turbocharger industry, tracking market segments across the categorized four geographic regions. The report provides a five-year forecast for the market size in terms of value for North America, Europe, Asia-Pacific, and Rest of the world.
The scope of the study segments the global continuous turbocharger market based on vehicle type, technology and fuel.
- Report Prologue
2.2. Scope Of The Study
2.2.1. Research Objective
2.3. Market Structure
2.4. Market Segmentation
3. Research Methodology
3.1. Research Process
3.2. Primary Research
3.3. Secondary Research
3.4. Market Size Estimation
3.5. Forecast Model
4. Market Dynamics
4.1. Drivers & Opportunities
4.2. Challenges & Restraints
4.3. Value Chain Analysis
4.4. Porter’s Five Forces Analysis
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- Manufacturers of automotive turbochargers
- Raw material suppliers for automotive turbochargers
- Automotive OEMs
- Government and research organization
- Investment bankers and M&A Consultants
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