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2021
Europe Turbocharger Market

Europe Turbocharger Market by Technology (Twin Turbo Technology, Wastegate Technology, and Variable Geometry technology), Application (Light Commercial Vehicle, Heavy Commercial Vehicle, Ships and Aircrafts, Agriculture and Construction and Locomotives), Material (Cast Iron and Aluminum), Fuel Type (Gasoline and Diesel) and End User (OEM and Aftermarket): Regional Opportunity Analysis and Industry Forecast, 2021–2030

A00772
Pages: 175
Aug 2021 | 4017 Views
   
Author(s) : Prateek Yadav , Sonia Mutreja
Tables: 93
Charts: 51
  • Formats*:

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COVID-19

Pandemic disrupted the entire world and affected many industries.

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The Europe Turbocharger market was valued at $5,811.05 million in 2020, and is projected to reach $9,492.68 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.

The COVID-19 outbreak severely impacted the Europe turbocharger market. The most direct effect of the COVID-19 on the Europe turbocharger sector is the standstill of many OEM and supplier factories. Numerous companies operating in the Europe turbocharger market have been affected significantly by the COVID-19 pandemic. This is attributed to the imposed lockdown followed by the closure of international borders; thereby, affecting the overall automotive production as well as sales. Several companies reduced their employee strength during the pandemic to reduce their expenses and to handle the post COVID-19 scenario. However, owing to the positive outlook of automotive industry in the region, the post pandemic demand for turbochargers is foreseen to grow appreciably.

Turbocharger is an integral part of internal combustion (IC) engine, which improves its performance by increasing the amount of air intake in the combustion chamber with the help of ejected burnt air. An IC engine requires extra air for combustion of additional fuel for large power generation that decreases its efficiency, thus, turbocharger plays a significant role in enhancing the efficiency by supplying compressed air. Europe turbocharger market is expected to exhibit a notable growth in the coming years as these chargers ensure optimum engine performance and enhanced fuel efficiency. Turbocharger particularly works best on high engine speed and does not require any power source to operate. It is driven by flow of burnt gases discharged by engine. Presently, this technology is majorly used in automotive and aerospace industries. For example, manufacturers employ turbochargers in engines of fast racing cars to generate high amount of power even under harsh and high temperature conditions.  

Europe-Turbocharger-Market-2021-2030

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The COVID-19 crisis is creating uncertainty in the market, massive slow-down of supply chain, fall in business confidence, and increase in panic among customers. Governments of different countries have already announced total lockdown and temporary shutdown of industries, the overall production and sales being adversely affected. Therefore, the turbocharger market is witnessed a moderate dip in 2020, owing to the coronavirus (COVID-19) pandemic. Temporary lockdown of various design, development, and manufacturing facilities with limited operational launch stations also limits the market growth. Sluggish Europe economies with a major focus on fighting the pandemic is also expected to negatively impact the market demand. The post pandemic demand for Turbocharger- is foreseen to grow appreciably.

Europe Turbocharger Market
By Technology

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Twin Turbo Technology segment is projected as the most lucrative segment

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The Europe turbocharger market has been segmented on the basis of technology, application, industry vertical, fuel type, material, end-user, and country. By technology, the turbocharger market has been categorized into twin-turbo technology, waste-gate technology, and variable geometry technology (VGT). By application, turbochargers find application in light commercial vehicles, heavy commercial vehicles, ships & aircrafts, heavy duty vehicles, and locomotives. By industry vertical, the turbocharger market has been categorized into aerospace & defense, automotive, marine and agriculture & construction. By fuel type, it is segmented into gasoline and diesel. Cast Iron and Aluminum are different types of materials used for turbochargers. By end-user, the turbocharger market has been categorized into original equipment manufacturers (OEMs) and aftermarket players.

Europe Turbocharger Market
By Application

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Light commercial vehicle segment is projected as the most lucrative segment

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The key players analyzed in the BMTS Technology Gmbh & Co. KG, Borgwarner Inc, Cardone Industries, Continental AG, Cummins Inc, Eaton Corporation Plc, Garrett Motion Inc, IHI Corporation, Mitsubishi Heavy Industries, Ltd. and Turbo Dynamics Ltd.

Europe Turbocharger Market
By Material

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Aluminum segment is projected as the most lucrative segment

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Improved Engine Performance and Fuel Efficiency

In today’s scenario, fuel efficiency is the biggest concern among consumers as fuel prices are skyrocketing on a regular basis owing to the limited availability of fuel. Performance of vehicle also depends upon engine. Hence, vehicle manufacturers are forced to manufacture efficient engines which can satisfy both the requirements and can deliver improved performance & fuel efficiency at the same time.

Europe Turbocharger Market
By Fuel Type

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Diesel segment is projected as the most lucrative segment

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Turbochargers are primarily turbo-boosted engines that are compact in size and specifically designed to increase fuel efficiency in compliance with the Corporate Average Fuel Economy standards. In addition, these chargers offer several advantages, for instance, increased air intake in the combustion chamber, high engine performance, and reuse of exhausted air. Turbochargers particularly work best on high engine speeds and do not require any power source to operate. Hence, improved engine performance and fuel efficiency is considered as one of the prime drivers for the Europe turbocharger market growth.

Europe Turbocharger Market
By End User

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OEM segment is projected as the most lucrative segment

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Government Regulations

Presently, government regulations provide huge impetus to the Europe turbocharger market growth. For instance, U.S. Department of Transportation's National Highway Safety Administration launched a national program that provides new standards for light-duty vehicles, which include the models manufactured from 2012-2016. These regulations are aimed at reducing greenhouse gas emissions and improving fuel economy. Turbochargers are already a key part of heavy-duty diesel engine technology. However, the need to meet emissions regulations is rapidly driving the use of turbo diesel and turbo gasoline engines for passenger vehicles.

Europe Turbocharger Market
By Country

2030
Germany 
France
Uk
Spain
Rest Of Europe

Germany would exhibit the highest CAGR of 6.3% during 2021-2030.

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the turbocharger market analysis along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities of the market with a detailed impact analysis.
  • The current turbocharger market size is quantitatively analyzed from 2021 to 2030 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the Turbocharger industry.

Key Market Segments

By Technology

  • Twin Turbo Technology
  • Wastegate Technology
  • Variable Geometry Technology

By Application 

  • Light Commercial Vehicle
  • Heavy Commercial Vehicle
  • Ships and Aircrafts
  • Agriculture and Construction
  • Locomotives

By Material 

  • Cast Iron
  • Aluminum

By Fuel Type 

  • Gasoline
  • Diesel

By End User 

  • OEM
  • Aftermarket

By Country

  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Rest of Europe

Key Players

  • BMTS Technology Gmbh & Co. KG
  • Borgwarner Inc
  • Cardone Industries
  • Continental AG
  • Cummins Inc
  • Eaton Corporation Plc
  • Garrett Motion Inc
  • IHI Corporation
  • Mitsubishi Heavy Industries, Ltd.
  • Turbo Dynamics Ltd
 

CHAPTER 1:INTRODUCTION

1.1.Report description
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Key findings

3.2.1.Top impacting factors
3.2.2.Top investment pockets
3.2.3.Top winning strategies

3.3.Porter’s five forces analysis
3.4.Market share analysis (2020)%
3.5.Market dynamics

3.5.1.Drivers

3.5.1.1.Improved engine performance and fuel efficiency
3.5.1.2.Government regulations
3.5.1.3.Engine downsizing to reduce vehicle weight

3.5.2.Restraints

3.5.2.1.Turbocharger installation
3.5.2.2.Excessive rise in engine temperature

3.5.3.Opportunities

3.5.3.1.Rise in demand for fuel efficient engines and gasoline engines

3.6.COVID-19 impact analysis

3.6.1.Evolution of outbreak
3.6.2.Micro economic impact analysis

3.6.2.1.Consumer trends
3.6.2.2.Technology trends
3.6.2.3.Regulatory trends

3.6.3.Macro-economic impact analysis

3.6.3.1.GDP
3.6.3.2.Import/export analysis
3.6.3.3.Employment index

3.6.4.Impact on the turbocharger industry

CHAPTER 4:EUROPE TURBOCHARGER MARKET, BY TECHNOLOGY

4.1.Overview
4.2.Twin-turbo technology

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, By Country

4.3.Wastegate technology

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, By Country

4.4.Variable geometry technology (VGT)

4.4.1.Key market trends, growth factors, and opportunities
4.4.2.Market size and forecast, By Country

CHAPTER 5:EUROPE TURBOCHARGER MARKET, BY APPLICATION

5.1.Overview
5.2.Light commercial vehicle

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, By Country

5.3.Heavy commercial vehicle

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, By Country

5.4.Ships & aircrafts

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, By Country

5.5.Agriculture & construction

5.5.1.Key market trends, growth factors, and opportunities
5.5.2.Market size and forecast, By Country

5.6.Locomotives

5.6.1.Key market trends, growth factors, and opportunities
5.6.2.Market size and forecast, By Country

CHAPTER 6:EUROPE TURBOCHARGER MARKET, BY FUEL TYPE

6.1.Overview
6.2.Gasoline

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, By Country

6.3.Diesel

6.3.1.Key market trends, growth factors, and opportunities
6.3.2.Market size and forecast, By Country

CHAPTER 7:EUROPE TURBOCHARGER MARKET, BY MATERIAL

7.1.Overview
7.2.Cast iron

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, By Country

7.3.Aluminum

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, By Country

CHAPTER 8:EUROPE TURBOCHARGER MARKET, BY END-USER

8.1.Overview
8.2.Original equipment manufacturers (OEMs)

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, By Country

8.3.Aftermarket

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, By Country

CHAPTER 9:EUROPE TURBOCHARGER MARKET, BY COUNTRY

9.1.Overview

9.1.1.Germany

9.1.1.1.Market size and forecast, by technology
9.1.1.2.Market size and forecast, by application
9.1.1.3.Market size and forecast, by fuel type
9.1.1.4.Market size and forecast, by material
9.1.1.5.Market size and forecast, by end-user

9.1.2.France

9.1.2.1.Market size and forecast, by technology
9.1.2.2.Market size and forecast, by application
9.1.2.3.Market size and forecast, by fuel type
9.1.2.4.Market size and forecast, by material
9.1.2.5.Market size and forecast, by end-user

9.1.3.UK

9.1.3.1.Market size and forecast, by technology
9.1.3.2.Market size and forecast, by application
9.1.3.3.Market size and forecast, by fuel type
9.1.3.4.Market size and forecast, by material
9.1.3.5.Market size and forecast, by end-user

9.1.4.Spain

9.1.4.1.Market size and forecast, by technology
9.1.4.2.Market size and forecast, by application
9.1.4.3.Market size and forecast, by fuel type
9.1.4.4.Market size and forecast, by material
9.1.4.5.Market size and forecast, by end-user

9.1.5.Rest of Europe

9.1.5.1.Market size and forecast, by technology
9.1.5.2.Market size and forecast, by application
9.1.5.3.Market size and forecast, by fuel type
9.1.5.4.Market size and forecast, by material
9.1.5.5.Market size and forecast, by end-user

CHAPTER 10:COMPANY PROFILES

10.1.BMTS TECHNOLOGY GMBH & CO. KG

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Key strategic moves and developments

10.2.BORGWARNER INC.

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.4.Operating business segments
10.2.5.Product portfolio
10.2.6.R&D expenditure
10.2.7.Business performance
10.2.8.Key strategic moves and developments

10.3.CARDONE INDUSTRIES

10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Product portfolio

10.4.CONTINENTAL AG

10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Operating business segments
10.4.5.Product portfolio
10.4.6.R&D expenditure
10.4.7.Business performance
10.4.8.Key strategic moves and developments

10.5.CUMMINS INC.

10.5.1.Company overview
10.5.2.Key executives
10.5.3.Company snapshot
10.5.4.Operating business segments
10.5.5.Product portfolio
10.5.6.R&D expenditure
10.5.7.Business performance
10.5.8.Key strategic moves and developments

10.6.EATON CORPORATION PLC

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.R&D expenditure
10.6.7.Business performance
10.6.8.Key strategic moves and developments

10.7.GARRETT MOTION INC.

10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Product portfolio
10.7.4.R&D expenditure
10.7.5.Business performance
10.7.6.Key strategic moves and developments

10.8.IHI CORPORATION

10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Operating business segments
10.8.4.Product portfolio
10.8.5.R&D expenditure
10.8.6.Business performance
10.8.7.Key strategic moves and developments

10.9.MITSUBISHI HEAVY INDUSTRIES, LTD.

10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Operating business segments
10.9.4.Product portfolio
10.9.5.Business performance
10.9.6.Key strategic moves and developments

10.10.TURBO DYNAMICS LTD.

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Operating business segments

LIST OF TABLES

TABLE 01.EUROPE TURBOCHARGER MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 02.TURBOCHARGER MARKET REVENUE FOR TWIN-TURBO TECHNOLOGY, BY COUNTRY 2020–2030 ($MILLION)
TABLE 03.TURBOCHARGER MARKET REVENUE FOR WASTEGATE TECHNOLOGY, BY COUNTRY 2020–2030 ($MILLION)
TABLE 04.TURBOCHARGER MARKET REVENUE FOR VARIABLE GEOMETRY TECHNOLOGY (VGT), BY COUNTRY 2020–2030 ($MILLION)
TABLE 05.EUROPE TURBOCHARGER MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 06.TURBOCHARGER MARKET REVENUE FOR LIGHT COMMERCIAL VEHICLE, BY COUNTRY 2020–2030 ($MILLION)
TABLE 07.TURBOCHARGER MARKET REVENUE FOR HEAVY COMMERCIAL VEHICLE, BY COUNTRY 2020–2030 ($MILLION)
TABLE 08.TURBOCHARGER MARKET REVENUE FOR SHIPS & AIRCRAFTS, BY COUNTRY 2020–2030 ($MILLION)
TABLE 09.TURBOCHARGER MARKET REVENUE FOR AGRICULTURE & CONSTRUCTION, BY COUNTRY 2020–2030 ($MILLION)
TABLE 10.TURBOCHARGER MARKET REVENUE FOR BALL JOINT, BY COUNTRY 2020–2030 ($MILLION)
TABLE 11.EUROPE TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030 ($MILLION)
TABLE 12.TURBOCHARGER MARKET REVENUE FOR GASOLINE, BY COUNTRY 2020–2030 ($MILLION)
TABLE 13.TURBOCHARGER MARKET REVENUE FOR DIESEL, BY COUNTRY 2020–2030 ($MILLION)
TABLE 14.EUROPE TURBOCHARGER MARKET, BY MATERIAL, 2019-2026 ($MILLION)
TABLE 15.TURBOCHARGER MARKET REVENUE FOR CAST IRON, BY COUNTRY 2020–2030 ($MILLION)
TABLE 16.TURBOCHARGER MARKET REVENUE FOR ALUMINUM, BY COUNTRY 2020–2030 ($MILLION)
TABLE 17.EUROPE TURBOCHARGER MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 18.TURBOCHARGER MARKET REVENUE FOR ORIGINAL EQUIPMENT MANUFACTURERS (OEMS), BY COUNTRY 2020–2030 ($MILLION)
TABLE 19.TURBOCHARGER MARKET REVENUE FOR AFTERMARKET, BY COUNTRY 2020–2030 ($MILLION)
TABLE 20.GERMANY TURBOCHARGER MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 21.GERMANY TURBOCHARGER MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 22.GERMANY TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030 ($MILLION)
TABLE 23.GERMANY TURBOCHARGER MARKET, BY MATERIAL, 2020–2030 ($MILLION)
TABLE 24.GERMANY TURBOCHARGER MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 25.FRANCE TURBOCHARGER MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 26.FRANCE TURBOCHARGER MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 27.FRANCE TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030 ($MILLION)
TABLE 28.FRANCE TURBOCHARGER MARKET, BY MATERIAL, 2020–2030 ($MILLION)
TABLE 29.FRANCE TURBOCHARGER MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 30.UK TURBOCHARGER MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 31.UK TURBOCHARGER MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 32.UK TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030 ($MILLION)
TABLE 33.UK TURBOCHARGER MARKET, BY MATERIAL, 2020–2030 ($MILLION)
TABLE 34.UK TURBOCHARGER MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 35.SPAIN TURBOCHARGER MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 36.SPAIN TURBOCHARGER MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 37.SPAIN TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030 ($MILLION)
TABLE 38.SPAIN TURBOCHARGER MARKET, BY MATERIAL, 2020–2030 ($MILLION)
TABLE 39.SPAIN TURBOCHARGER MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 40.REST OF EUROPE TURBOCHARGER MARKET, BY TECHNOLOGY, 2020–2030 ($MILLION)
TABLE 41.REST OF EUROPE TURBOCHARGER MARKET, BY APPLICATION, 2020–2030 ($MILLION)
TABLE 42.REST OF EUROPE TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030 ($MILLION)
TABLE 43.REST OF EUROPE TURBOCHARGER MARKET, BY MATERIAL, 2020–2030 ($MILLION)
TABLE 44.REST OF EUROPE TURBOCHARGER MARKET, BY END-USER, 2020–2030 ($MILLION)
TABLE 45.BMTS TECHNOLOGY GMBH & CO. KG: KEY EXECUTIVES
TABLE 46.BMTS TECHNOLOGY GMBH & CO. KG: COMPANY SNAPSHOT
TABLE 47.BMTS TECHNOLOGY GMBH & CO. KG: PRODUCT PORTFOLIO
TABLE 48.BORGWARNER INC.:KEY EXECUTIVES
TABLE 49.BORGWARNER INC.: COMPANY SNAPSHOT
TABLE 50.BORGWARNER INC.: OPERATING SEGMENTS
TABLE 51.BORGWARNER INC.: PRODUCT PORTFOLIO
TABLE 52.BORGWARNER INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 53.BORGWARNER INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 54.CARDONE INDUSTRIES: KEY EXECUTIVES
TABLE 55.CARDONE INDUSTRIES: COMPANY SNAPSHOT
TABLE 56.CARDONE INDUSTRIES: PRODUCT PORTFOLIO
TABLE 57.CONTINENTAL AG: KEY EXECUTIVES
TABLE 58.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 59.CONTINENTAL AG: OPERATING SEGMENTS
TABLE 60.CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 61.CONTINENTAL AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 62.CONTINENTAL AG: NET SALES, 2018–2020 ($MILLION)
TABLE 63.CUMMINS INC.: KEY EXECUTIVES
TABLE 64.CUMMINS INC.: COMPANY SNAPSHOT
TABLE 65.CUMMINS INC.: OPERATING SEGMENTS
TABLE 66.CUMMINS INC.: PRODUCT PORTFOLIO
TABLE 67.CUMMINS INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 68.CUMMINS INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 69.EATON CORPORATION PLC: KEY EXECUTIVES
TABLE 70.EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 71.EATON CORPORATION PLC: OPERATING SEGMENTS
TABLE 72.EATON CORPORATION PLC: PRODUCT PORTFOLIO
TABLE 73.EATON CORPORATION PLC: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 74.EATON CORPORATION PLC: NET SALES, 2018–2020 ($MILLION)
TABLE 75.GARRETT MOTION INC.: KEY EXECUTIVES
TABLE 76.GARRETT MOTION INC.: COMPANY SNAPSHOT
TABLE 77.GARRETT MOTION INC.: PRODUCT PORTFOLIO
TABLE 78.GARRETT MOTION INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 79.GARRETT MOTION INC.: NET SALES, 2018–2020 ($MILLION)
TABLE 80.IHI CORPORATION: KEY EXECUTIVES
TABLE 81.IHI CORPORATION: COMPANY SNAPSHOT
TABLE 82.IHI CORPORATION: OPERATING SEGMENTS
TABLE 83.IHI CORPORATION: PRODUCT PORTFOLIO
TABLE 84.IHI CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
TABLE 85.IHI CORPORATION: NET SALES, 2018–2020 ($MILLION)
TABLE 86.MITSUBISHI HEAVY INDUSTRIES, LTD.: KEY EXECUTIVES
TABLE 87.MITSUBISHI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT
TABLE 88.MITSUBISHI HEAVY INDUSTRIES, LTD.: OPERATING SEGMENTS
TABLE 89.MITSUBISHI HEAVY INDUSTRIES, LTD.: PRODUCT PORTFOLIO
TABLE 90.MITSUBISHI HEAVY INDUSTRIES, LTD.: NET SALES, 2018–2020 ($MILLION)
TABLE 91.TURBO DYNAMICS LTD.: KEY EXECUTIVE
TABLE 92.TURBO DYNAMICS LTD.: COMPANY SNAPSHOT
TABLE 93.TURBO DYNAMICS LTD.: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENT
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.TOP IMPACTING FACTORS
FIGURE 05.TOP INVESTMENT POCKETS
FIGURE 06.TOP WINNING STRATEGIES, BY YEAR, 2018-2021*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2018-2021*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2018-2021*
FIGURE 09.LOW-TO-HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 10.LOW-TO-MODERATE THREAT OF NEW ENTRANTS
FIGURE 11.LOW-TO-HIGH THREAT OF SUBSTITUTES
FIGURE 12.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 13.MODERATE-TO-HIGH BARGAINING POWER OF BUYERS
FIGURE 14.MARKET SHARE ANALYSIS (2020)%
FIGURE 15.EUROPE TURBOCHARGER MARKET, BY SYSTEM, 2020–2030
FIGURE 16.EUROPE TURBOCHARGER MARKET, BY APPLICATION, 2020–2030
FIGURE 17.EUROPE TURBOCHARGER MARKET, BY FUEL TYPE, 2020–2030
FIGURE 18.EUROPE TURBOCHARGER MARKET, BY MATERIAL, 2020–2030
FIGURE 19.EUROPE TURBOCHARGER MARKET, BY END-USER, 2020–2030
FIGURE 20.TURBOCHARGER MARKET, BY COUNTRY, 2020–2030 (%)
FIGURE 21.GERMANY TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 22.FRANCE TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 23.UK TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 24.SPAIN TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 25.REST OF EUROPE TURBOCHARGER MARKET, 2020–2030 ($MILLION)
FIGURE 26.BORGWARNER INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 27.BORGWARNER INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 28.BORGWARNER INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 29.BORGWARNER INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 30.CONTINENTAL AG: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 31.CONTINENTAL AG: NET SALES, 2018–2020 ($MILLION)
FIGURE 32.CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 33.CONTINENTAL AG: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 34.CUMMINS INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 35.CUMMINS INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 36.CUMMINS INC.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 37.CUMMINS INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 38.EATON CORPORATION PLC: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 39.EATON CORPORATION PLC: REVENUE, 2018–2020 ($MILLION)
FIGURE 40.EATON CORPORATION PLC: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 41.EATON CORPORATION PLC: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 42.GARRETT MOTION INC.: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 43.GARRETT MOTION INC.: NET SALES, 2018–2020 ($MILLION)
FIGURE 44.GARRETT MOTION INC.: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 45.IHI CORPORATION: R&D EXPENDITURE, 2018–2020 ($MILLION)
FIGURE 46.IHI CORPORATION: NET SALES, 2018–2020 ($MILLION)
FIGURE 47.IHI CORPORATION: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 48.IHI CORPORATION: REVENUE SHARE BY REGION, 2020 (%)
FIGURE 49.MITSUBISHI HEAVY INDUSTRIES, LTD.: NET SALES, 2018–2020 ($MILLION)
FIGURE 50.MITSUBISHI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY SEGMENT, 2020 (%)
FIGURE 51.MITSUBISHI HEAVY INDUSTRIES, LTD.: REVENUE SHARE BY REGION, 2020 (%)

 
 

According to the insights offered by the CXOs of leading companies, As the population increases, demand for vehicles also grows rapidly. These vehicles run on fossil fuels such as diesel and gasoline. Fuel efficiency is the major concern, owing to presence of limited amount of fuel on earth. Hence, engines need advanced technologies to increase their efficiency with minimum fuel consumption. Thus, turbochargers are introduced by key manufacturers to cater to this increased demand for fuel efficiency, less carbon emission, and improved performance. Turbochargers enhance the performance of an IC engine by utilizing compressed air that further eliminates the need for any external energy source. Turbochargers recycle the exhaust air and use it to move the turbine for extra air ingestion.

Twin-turbo technology is the most preferred technology among commercial vehicle manufacturers as it is more cost-effective. It comprises two valves, through which large amount of air is compressed. Variable geometry technology (VGT) is the emerging technology, mainly used in heavy vehicles for high torque. In addition, turbochargers have several benefits such as fuel efficiency, extra power, engine downsizing, less emission, and reduced noise level. Presently, almost 50% of commercial vehicles use turbochargers in their engines. For instance, cars, trucks, buses, ships, rails, and many defense vehicles use turbochargers to get improved performance and fuel-efficiency.

The Europe turbocharger market gains traction owing to the increased vehicle production. Fuel-efficiency, enhanced power, and dynamic design are some of the benefits offered by turbocharger. Therefore, turbocharger market is anticipated to grow and gradually replace the traditional engines. In addition, technological developments in automotive industry is estimated to enhance the engine performance.

Europe turbocharger market currently generates most part of its revenue from Germany market, owing to the presence of numerous automotive companies in Europe. In addition, UK and France market shows tempting market shows tempting opportunity for turbocharger market, owing to increase in vehicle production, rise in disposable income, and surge in turbocharger applications in ships & aircrafts.

The key market players profiled in the report include BMTS Technology GmbH & Co. KG, Borgwarner Inc., Cardone Industries, Continental AG, Cummins Inc., Eaton Corporation Plc, Garrett Motion Inc., IHI Corporation, Mitsubishi Heavy Industries, Ltd. and Turbo Dynamics Ltd.

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A. The europe turbocharger market was valued at $5,811.1 million in 2020, and is projected to reach $9,492.7 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.

A. Adoption of turbocharger for gasoline engines is growing considerably for better efficiency and power to weight ratio

A. The sample for europe turbocharger market report can be obtained on demand from the AMR website. Also, the 24*7 chat support and direct call services are provided to procure the sample report.

A. The turbocharger market in europe appears to be considerably profitable owing to the growing demand for vehicles with superior power to weight ratio along with better fuel efficiency

A. The turbocharger market in europe appears to be considerably profitable owing to the growing demand for vehicles with superior power to weight ratio along with better fuel efficiency

A. The europe turbocharger market has witnessed significant growth over the past decade owing to the Increasing demand for engine downsizing to reduce vehicle weight for better power to weight ratio

A. The company profiles of the top market players of europe turbocharger market can be obtained from the company profile section mentioned in the report. This section includes analysis of top ten player’s operating in the europe turbocharger market.

A. Improved engine performance and fuel efficiency, government regulations and engine downsizing to reduce vehicle weight drive the growth of the turbocharger market. The europe turbocharger market was valued at $5,811.1 million in 2020, and is projected to reach $9,492.7 million by 2030, registering a CAGR of 5.1% from 2021 to 2030.

A. Borgwarner Inc, Continental AG, Cummins Inc., Eaton Corporation Plc are some of prominent players operating in Europe Tuebocharger market.

A. Rest of Europe countries has wirnessed as a key matured markets growing in the Europe turbocharger market

A. Rise in Demand for Fuel Efficient Engines and Gasoline Engines have strong impact on europe turbocharger market

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