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Turbocharger Market by Technology (Twin-Turbo, Wastegate Technology, and Variable Geometry Technology), Fuel Type (Diesel and Gasoline), Application (Light Commercial Vehicle, Heavy Commercial Vehicle, Ships & Aircrafts, Agriculture & Construction,and Locomotives), Material (Cast Iron and Aluminum), and End-User (Original Equipment Manufacturer and Aftermarket): Global Opportunity Analysis and Industry Forecast, 2020 - 2027

A01358
Pages: 309
Apr 2020 | 13359 Views
 
Author(s) : Abhay Singh
Tables: 143
Charts: 69
 

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The global turbocharger market was valued at $16.13 billion in 2019, and is projected to reach $24.23 billion by 2027, registering a CAGR of 5.3%.                    

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. Global 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.

Turbocharger-Market-2020-2027

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Factors such as improved engine performance and fuel efficiency, government regulations and engine downsizing to reduce vehicle weight drive the growth of the turbocharger market. Moreover, turbocharger installation and excessive rise in engine temperature, owing to overheating issues in turbochargers are the factors expected to hamper the growth of the turbocharger market. However, rise in demand for fuel efficient engines and gasoline engines is expected to supplement the growth of the turbocharger market during the forecast period.

The global turbocharger market has been segmented on the basis of technology, application, industry vertical, fuel type, material, end-user, and region. 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 after market players. Region wise, it  has been studied across North America, Europe, Asia-Pacific, and LAMEA. 

Turbocharger Market
By Technology

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Variable geometry technology is projected as the most lucrative segments

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Key players include BorgWarner Inc. Continental AG, Cummins Inc., EATON Corporation, Honeywell International Corporation, IHI Corporation, Mitsubishi Heavy Industries, Precision Turbo & Engine, Rotomaster International and Turbo Dynamics Ltd. and others account for a major turbocharger market share.

Turbocharger Market
By Application

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Ships & Aircrafts is projected as the most lucrative segments

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Improved Engine Performance and Fuel Efficiency

Presently, 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 requirements and deliver improved performance & fuel efficiency at the same time. 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, which are applicable across the globe. In addition, these chargers offer several advantages, for instance, increased air intake in combustion chamber, high engine performance, and reuse of exhausted air. Turbochargers particularly work best in high speed engine 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 global turbocharger market growth.

Turbocharger Market
By Material

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Aluminum is projected as the most lucrative segments

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Engine Downsizing to Reduce Vehicle Weight

The persistent growth of turbocharger is predominantly driven by heightened demand for vehicle manufacturers to encounter environmental emission regulations. It is further supported by increased production of vehicles, ships, and aircrafts globally. In addition, engine downsizing trend is on a rise, owing to the increasing concern of vehicle weight. Currently, fuel economy standards along with enhanced performance has led to the market growth as light weight alloys used in manufacturing of turbochargers reduce fuel consumption. Moreover, turbochargers are very compact in size, hence help to reduce engineand overall vehicle size.

Turbocharger Market
By Type

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Diesel is projected as the most lucrative segments

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Turbocharger Installation

The turbocharger market shows very impressive growth rate for the future. However, there are still some technology related issues with turbochargers that limit its market growth. Installation is a crucial factor in the effective working of a turbocharger, so if there is any mistake during the installation of a turbocharger, it not only makes the turbocharger ineffective, but also harms the engine. Hence, compatibility of turbochargers with engines is an issue that needs serious observation.

Turbocharger Market
By End User

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Aftermarket is projected as the most lucrative segments

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Surge in Demand for Fuel Efficient Engines and Gasoline Engines

The market has a huge growth potential as the industry is full of opportunities due to increase in installation of turbochargers in gasoline engines. Currently, almost all diesel engine vehicles are equipped with turbochargers, unlike their gasoline counterparts. However, in recent years, turbochargers have found application in gasoline engines as well. In gasoline engines, turbocharging enables downsizing, which improves fuel economy by 5 to 20%. This innovation has made gasoline engine dominated countries, such as China and the U.S., the fastest developing turbocharger markets. Moreover, electric turbochargers are predicted to be the future of turbocharger technology due to their minimum contribution in environmental pollution. Audi is expected tobe among the first automakers to have a vehicle with an electric turbocharger. The demand and production of vehicles is projected to increase globally. This works as the major driving force for the turbocharger industry as well.

Turbocharger Market
By Regionaa

2027
Europe 
North America
Asia-pacific
Lamea

Asia-Pacific would exhibit the highest CAGR of 6.10% during 2020-2027.

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Key Benefits For Stakeholders

  • This study presents analytical depiction of the global turbocharger market analysis along with the current trends and future estimations to depict imminent investment pockets.

  • The overall market opportunity is determined by understanding profitable trends to gain a stronger foothold.

  • The report presents information related to the key drivers, restraints, and opportunities of the market with a detailed impact analysis.

  • The current market is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.

  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments

By Technology

  • Twin-turbo Technology
  • Wastegate Technology
  • Variable Geometry Technology (VGT)

By Application

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

By Fuel Type

  • Gasoline
  • Diesel

By Material 

  • Cast Iron
  • Aluminum

By End-User 

  • Original Equipment Manufacturer (OEMs)
  • Aftermarket

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany 
    • France 
    • UK
    • Spain
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan 
    • India 
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • BorgWarner Inc.
  • Continental AG
  • Cummins Inc.
  • EATON Corporation
  • Honeywell International Corporation
  • IHI Corporation
  • Mitsubishi Heavy Industries
  • Precision Turbo & Engine
  • Rotomaster International
  • 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

3.3.1.Low-to-high bargaining power of suppliers
3.3.2.Low-to-moderate threat of new entrants
3.3.3.Low-to-high threat of substitutes
3.3.4.Moderate-to-high intensity of rivalry
3.3.5.Moderate-to-high bargaining power of buyers

3.4.Market share analysis, 2019 (%)
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 Owing To Overheating Issue In Turbochargers

3.5.3.Opportunities

3.5.3.1.Increasing Demand For Fuel Efficient Engines And Gasoline Engines

CHAPTER 4: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 region
4.2.3.Market analysis by country

4.3.Wastegate technology

4.3.1.Key market trends, growth factors and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis 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 region
4.4.3.Market analysis by country

CHAPTER 5: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 region
5.2.3.Market analysis 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 region
5.3.3.Market analysis by country

5.4.Ships & Aircrafts

5.4.1.Key market trends, growth factors and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis by country

5.5.Agriculture & Construction

5.5.1.Key market trends, growth factors and opportunities
5.5.2.Market size and forecast, by region
5.5.3.Market analysis by country

5.6.Locomotives

5.6.1.Key market trends, growth factors and opportunities
5.6.2.Market size and forecast, by region
5.6.3.Market analysis by country

CHAPTER 6: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 region
6.2.3.Market analysis by country

6.3.Diesel

6.3.1.Key market trends, growth factors and opportunities
6.3.2.Market size and forecast, by region
6.3.3.Market analysis by country

CHAPTER 7: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 region
7.2.3.Market analysis by country

7.3.Aluminum

7.3.1.Key market trends, growth factors and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis by country

CHAPTER 8: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 region
8.2.3.Market analysis by country

8.3.Aftermarket

8.3.1.Key market trends, growth factors and opportunities
8.3.2.Market size and forecast, by region
8.3.3.Market analysis by country

CHAPTER 9:TURBOCHARGER MARKET, BY REGION

9.1.Overview
9.2.North America

9.2.1.Key market trends, growth factors, and opportunities
9.2.2.Market size and forecast, by technology
9.2.3.Market size and forecast, by application
9.2.4.Market size and forecast, by fuel type
9.2.5.Market size and forecast, by material
9.2.6.Market size and forecast, by end-user
9.2.7.Market analysis by country

9.2.7.1.U.S.

9.2.7.1.1.Market size and forecast, by technology
9.2.7.1.2.Market size and forecast, by application
9.2.7.1.3.Market size and forecast, by fuel type
9.2.7.1.4.Market size and forecast, by material
9.2.7.1.5.Market size and forecast, by end-user

9.2.7.2.Canada

9.2.7.2.1.Market size and forecast, by technology
9.2.7.2.2.Market size and forecast, by application
9.2.7.2.3.Market size and forecast, by fuel type
9.2.7.2.4.Market size and forecast, by material
9.2.7.2.5.Market size and forecast, by end-user

9.2.7.3.Mexico

9.2.7.3.1.Market size and forecast, by technology
9.2.7.3.2.Market size and forecast, by application
9.2.7.3.3.Market size and forecast, by fuel type
9.2.7.3.4.Market size and forecast, by material
9.2.7.3.5.Market size and forecast, by end-user

9.3.Europe

9.3.1.Key market trends, growth factors, and opportunities
9.3.2.Market size and forecast, by technology
9.3.3.Market size and forecast, by application
9.3.4.Market size and forecast, by fuel type
9.3.5.Market size and forecast, by material
9.3.6.Market size and forecast, by end-user
9.3.7.Market analysis by country

9.3.7.1.Germany

9.3.7.1.1.Market size and forecast, by technology
9.3.7.1.2.Market size and forecast, by application
9.3.7.1.3.Market size and forecast, by fuel type
9.3.7.1.4.Market size and forecast, by material
9.3.7.1.5.Market size and forecast, by end-user

9.3.7.2.France

9.3.7.2.1.Market size and forecast, by technology
9.3.7.2.2.Market size and forecast, by application
9.3.7.2.3.Market size and forecast, by fuel type
9.3.7.2.4.Market size and forecast, by material
9.3.7.2.5.Market size and forecast, by end-user

9.3.7.3.UK

9.3.7.3.1.Market size and forecast, by technology
9.3.7.3.2.Market size and forecast, by application
9.3.7.3.3.Market size and forecast, by fuel type
9.3.7.3.4.Market size and forecast, by material
9.3.7.3.5.Market size and forecast, by end-user

9.3.7.4.Spain

9.3.7.4.1.Market size and forecast, by technology
9.3.7.4.2.Market size and forecast, by application
9.3.7.4.3.Market size and forecast, by material
9.3.7.4.4.Market size and forecast, by fuel type
9.3.7.4.5.Market size and forecast, by end-user

9.3.7.5.Rest of Europe

9.3.7.5.1.Market size and forecast, by technology
9.3.7.5.2.Market size and forecast, by application
9.3.7.5.3.Market size and forecast, by fuel type
9.3.7.5.4.Market size and forecast, by material
9.3.7.5.5.Market size and forecast, by end-user

9.4.Asia-Pacific

9.4.1.Key market trends, growth factors, and opportunities
9.4.2.Market size and forecast, by technology
9.4.3.Market size and forecast, by application
9.4.4.Market size and forecast, by fuel type
9.4.5.Market size and forecast, by material
9.4.6.Market size and forecast, by end-user
9.4.7.Market analysis by country

9.4.7.1.China

9.4.7.1.1.Market size and forecast, by technology
9.4.7.1.2.Market size and forecast, by application
9.4.7.1.3.Market size and forecast, by fuel type
9.4.7.1.4.Market size and forecast, by material
9.4.7.1.5.Market size and forecast, by end-user

9.4.7.2.Japan

9.4.7.2.1.Market size and forecast, by technology
9.4.7.2.2.Market size and forecast, by application
9.4.7.2.3.Market size and forecast, by fuel type
9.4.7.2.4.Market size and forecast, by material
9.4.7.2.5.Market size and forecast, by end-user

9.4.7.3.India

9.4.7.3.1.Market size and forecast, by technology
9.4.7.3.2.Market size and forecast, by application
9.4.7.3.3.Market size and forecast, by fuel type
9.4.7.3.4.Market size and forecast, by material
9.4.7.3.5.Market size and forecast, by end-user

9.4.7.4.South Korea

9.4.7.4.1.Market size and forecast, by technology
9.4.7.4.2.Market size and forecast, by application
9.4.7.4.3.Market size and forecast, by fuel type
9.4.7.4.4.Market size and forecast, by material
9.4.7.4.5.Market size and forecast, by end-user

9.4.7.5.Rest of Asia-Pacific

9.4.7.5.1.Market size and forecast, by technology
9.4.7.5.2.Market size and forecast, by application
9.4.7.5.3.Market size and forecast, by fuel type
9.4.7.5.4.Market size and forecast, by material
9.4.7.5.5.Market size and forecast, by end-user

9.5.LAMEA

9.5.1.Key market trends, growth factors, and opportunities
9.5.2.Market size and forecast, by technology
9.5.3.Market size and forecast, by application
9.5.4.Market size and forecast, by fuel type
9.5.5.Market size and forecast, by material
9.5.6.Market size and forecast, by end-user
9.5.7.Market analysis by country

9.5.7.1.Latin America

9.5.7.1.1.Market size and forecast, by technology
9.5.7.1.2.Market size and forecast, by application
9.5.7.1.3.Market size and forecast, by fuel type
9.5.7.1.4.Market size and forecast, by material
9.5.7.1.5.Market size and forecast, by end-user

9.5.7.2.Middle East

9.5.7.2.1.Market size and forecast, by technology
9.5.7.2.2.Market size and forecast, by application
9.5.7.2.3.Market size and forecast, by fuel type
9.5.7.2.4.Market size and forecast, by material
9.5.7.2.5.Market size and forecast, by end-user

9.5.7.3.Africa

9.5.7.3.1.Market size and forecast, by technology
9.5.7.3.2.Market size and forecast, by application
9.5.7.3.3.Market size and forecast, by fuel type
9.5.7.3.4.Market size and forecast, by material
9.5.7.3.5.Market size and forecast, by end-user

CHAPTER 10:COMPANY PROFILES

10.1.CONTINENTAL AG.

10.1.1.Company overview
10.1.2.Company snapshot
10.1.3.Operating business segments
10.1.4.Product portfolio
10.1.5.Business performance
10.1.6.Key strategic moves and developments

10.2.BorgWarner Inc.

10.2.1.Company overview
10.2.2.Company snapshot
10.2.3.Operating business segments
10.2.4.Business performance
10.2.5.Key strategic moves and developments

10.3.Cummins Inc.

10.3.1.Company overview
10.3.2.Company snapshot
10.3.3.Operating business segments
10.3.4.Business performance
10.3.5.Key strategic moves and developments

10.4.Eaton

10.4.1.Company overview
10.4.2.Company snapshot
10.4.3.Operating business segments
10.4.4.Product portfolio
10.4.5.Business performance

10.5.Honeywell International Inc.

10.5.1.Company overview
10.5.2.Company snapshot
10.5.3.Operating business segments
10.5.4.Business performance
10.5.5.Key strategic moves and developments

10.6.IHI Corporation

10.6.1.Company overview
10.6.2.Company snapshot
10.6.3.Operating business segments
10.6.4.Product portfolio
10.6.5.Business performance
10.6.6.Key strategic moves and developments

10.7.MITSUBISHI ELECTRIC CORPORATION

10.7.1.Company overview
10.7.2.Company snapshot
10.7.3.Operating business segments
10.7.4.Product portfolio
10.7.5.Business performance
10.7.6.Key strategic moves and developments

10.8.Precision Turbo & Engine

10.8.1.Company overview
10.8.2.Company snapshot
10.8.3.Product portfolio

10.9.Rotomaster International

10.9.1.Company overview
10.9.2.Company snapshot
10.9.3.Product portfolio

10.10.Turbo Dynamics Ltd.

10.10.1.Company overview
10.10.2.Company snapshot
10.10.3.Operating business segments

LIST OF TABLES

TABLE 01.GLOBAL TURBOCHARGER MARKET, BY TECHNOLOGY, 2019-2027 ($MILLION)
TABLE 02.TURBOCHARGER MARKET REVENUE FOR TWIN-TURBO TECHNOLOGY, BY REGION 2019–2027 ($MILLION)
TABLE 03.TURBOCHARGER MARKET REVENUE FOR WASTEGATE TECHNOLOGY, BY REGION 2019–2027 ($MILLION)
TABLE 04.TURBOCHARGER MARKET REVENUE FOR VARIABLE GEOMETRY TECHNOLOGY (VGT), BY REGION 2019–2027 ($MILLION)
TABLE 05.GLOBAL TURBOCHARGER MARKET, BY APPLICATION, 2019-2027 ($MILLION)
TABLE 06.TURBOCHARGER MARKET REVENUE FOR SPRING, BY REGION 2019–2027 ($MILLION)
TABLE 07.TURBOCHARGER MARKET REVENUE FOR HEAVY COMMERCIAL VEHICLE, BY REGION 2019–2027 ($MILLION)
TABLE 08.TURBOCHARGER MARKET REVENUE FOR SHIPS & AIRCRAFTS, BY REGION 2019–2027 ($MILLION)
TABLE 09.TURBOCHARGER MARKET REVENUE FOR AGRICULTURE & CONSTRUCTION, BY REGION 2019–2027 ($MILLION)
TABLE 10.TURBOCHARGER MARKET REVENUE FOR BALL JOINT, BY REGION 2019–2027 ($MILLION)
TABLE 11.GLOBAL TURBOCHARGER MARKET, BY FUEL TYPE, 2019-2027 ($MILLION)
TABLE 12.TURBOCHARGER MARKET REVENUE FOR GASOLINE, BY REGION 2019–2027 ($MILLION)
TABLE 13.TURBOCHARGER MARKET REVENUE FOR DIESEL, BY REGION 2019–2027 ($MILLION)
TABLE 14.GLOBAL TURBOCHARGER MARKET, BY MATERIAL, 2019-2027 ($MILLION)
TABLE 15.TURBOCHARGER MARKET REVENUE FOR CAST IRON, BY REGION 2019–2027 ($MILLION)
TABLE 16.TURBOCHARGER MARKET REVENUE FOR ALUMINUM, BY REGION 2019–2027 ($MILLION)
TABLE 17.GLOBAL TURBOCHARGER MARKET, BY END-USER, 2019-2027 ($MILLION)
TABLE 18.TURBOCHARGER MARKET REVENUE FOR ORIGINAL EQUIPMENT MANUFACTURERS (OEMS), BY REGION 2019–2027 ($MILLION)
TABLE 19.TURBOCHARGER MARKET REVENUE FOR AFTERMARKET, BY REGION 2019–2027 ($MILLION)
TABLE 20.NORTH AMERICA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 21.NORTH AMERICA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 22.NORTH AMERICA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 23.NORTH AMERICA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 24.NORTH AMERICA TURBOCHARGER MARKET, BY END-UDER, 2019–2027 ($MILLION)
TABLE 25.U.S. TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 26.U.S. TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 27.U.S. TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 28.U.S. TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 29.U.S. TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 30.CANADA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 31.CANADA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 32.CANADA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 33.U.S. TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 34.CANADA TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 35.MEXICO TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 36.MEXICO TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 37.MEXICO TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 38.MEXICO TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 39.MEXICO TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 40.EUROPE TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 41.EUROPE TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 42.EUROPE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 43.EUROPE TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 44.EUROPE TURBOCHARGER MARKET, BY END-UDER, 2019–2027 ($MILLION)
TABLE 45.GERMANY TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 46.GERMANY TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 47.GERMANY TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 48.GERMANY TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 49.GERMANY TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 50.FRANCE TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 51.FRANCE TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 52.FRANCE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 53.FRANCE TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 54.FRANCE TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 55.UK TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 56.UK TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 57.UK TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 58.UK TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 59.UK TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 60.SPAIN TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 61.SPAIN TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 62.SPAIN TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 63.SPAIN TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 64.SPAIN TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 65.REST OF EUROPE TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 66.REST OF EUROPE TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 67.REST OF EUROPE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 68.REST OF EUROPE TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 69.REST OF EUROPE TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 70.ASIA-PACIFIC TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 71.ASIA-PACIFIC TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 72.ASIA-PACIFIC TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 73.ASIA-PACIFIC TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 74.ASIA-PACIFIC TURBOCHARGER MARKET, BY END-UDER, 2019–2027 ($MILLION)
TABLE 75.CHINA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 76.CHINA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 77.CHINA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 78.CHINA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 79.CHINA TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 80.JAPAN TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 81.JAPAN TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 82.JAPAN TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 83.JAPAN TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 84.JAPAN TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 85.INDIA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 86.INDIA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 87.INDIA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 88.INDIA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 89.INDIA TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 90.SOUTH KOREA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 91.SOUTH KOREA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 92.SOUTH KOREA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 93.SOUTH KOREA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 94.SOUTH KOREA TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 95.REST OF ASIA-PACIFIC TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 96.REST OF ASIA-PACIFIC TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 97.REST OF ASIA-PACIFIC TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 98.REST OF ASIA-PACIFIC TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 99.REST OF ASIA-PACIFIC TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 100.LAMEA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 101.LAMEA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 102.LAMEA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 103.LAMEA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 104.LAMEA TURBOCHARGER MARKET, BY END-UDER, 2019–2027 ($MILLION)
TABLE 105.LATIN AMERICA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 106.LATIN AMERICA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 107.LATIN AMERICA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 108.LATIN AMERICA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 109.LATIN AMERICA TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 110.MIDDLE EAST TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 111.MIDDLE EAST TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 112.MIDDLE EAST TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 113.MIDDLE-EAST TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 114.MIDDLE EAST TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 115.AFRICA TURBOCHARGER MARKET, BY TECHNOLOGY, 2019–2027 ($MILLION)
TABLE 116.AFRICA TURBOCHARGER MARKET, BY APPLICATION, 2019–2027 ($MILLION)
TABLE 117.AFRICA TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2027 ($MILLION)
TABLE 118.AFRICA TURBOCHARGER MARKET, BY MATERIAL, 2019–2027 ($MILLION)
TABLE 119.AFRICA TURBOCHARGER MARKET, BY END-USER, 2019–2027 ($MILLION)
TABLE 120.CONTINENTAL AG: COMPANY SNAPSHOT
TABLE 121.CONTINENTAL AG: OPERATING SEGMENTS
TABLE 122.CONTINENTAL AG: PRODUCT PORTFOLIO
TABLE 123.BORGWARNER INC: COMPANY SNAPSHOT
TABLE 124.BORGWARNER INC: OPERATING SEGMENTS
TABLE 125.CUMMINS INC.: COMPANY SNAPSHOT
TABLE 126.CUMMINS: OPERATING SEGMENTS
TABLE 127.EATON: SNAPSHOT
TABLE 128.EATON: OPERATING SEGMENTS
TABLE 129.EATON: PRODUCT PORTFOLIO
TABLE 130.HONEYWELL: SNAPSHOT
TABLE 131.HONEYWALL: OPERATING SEGMENTS
TABLE 132.IHI CORPORATION: SNAPSHOT
TABLE 133.IHI CORPORATION: OPERATING SEGMENTS
TABLE 134.IHI CORPORATION: PRODUCT PORTFOLIO
TABLE 135.MITSUBISHI: COMPANY SNAPSHOT
TABLE 136.MITSUBISHI: OPERATING SEGMENTS
TABLE 137.MITSUBISHI: PRODUCT PORTFOLIO
TABLE 138.PRECISION TURBO & ENGINE: COMPANY SNAPSHOT
TABLE 139.PRECISION TURBO & ENGINE: PRODUCT PORTFOLIO
TABLE 140.ROTOMASTER INTERNATIONAL: COMPANY SNAPSHOT
TABLE 141.ROTOMASTER INTERNATIONAL: PRODUCT PORTFOLIO
TABLE 142.TURBO DYNAMICS LTD.: COMPANY SNAPSHOT
TABLE 143.TURBO DYNAMICS LTD.: OPERATING SEGMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
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, 2017-2020*
FIGURE 07.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2017-2020*
FIGURE 08.TOP WINNING STRATEGIES, BY COMPANY, 2017-2020*
FIGURE 09.MARKET SHARE ANALYSIS, 2019 (%)
FIGURE 10.GLOBAL TURBOCHARGER MARKET, BY SYSTEM, 2019-2027
FIGURE 11.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR TWIN-TURBO TECHNOLOGY, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 12.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR WASTEGATE TECHNOLOGY, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 13.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR VARIABLE GEOMETRY TECHNOLOGY (VGT), BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 14.GLOBAL TURBOCHARGER MARKET, BY APPLICATION, 2019-2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR LIGHT COMMERCIAL VEHICLE, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR HEAVY COMMERCIAL VEHICLE, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 17.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR SHIPS & AIRCRAFTS, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR AGRICULTURE & CONSTRUCTION, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR LOCOMOTIVES, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 20.GLOBAL TURBOCHARGER MARKET, BY FUEL TYPE, 2019-2027
FIGURE 21.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR GASOLINE, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR DIESEL, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 23.GLOBAL TURBOCHARGER MARKET, BY MATERIAL, 2019-2027
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR CAST IRON, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR ALUMINUM, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 26.GLOBAL TURBOCHARGER MARKET, BY END-USER, 2019-2027
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR ORIGINAL EQUIPMENT MANUFACTURERS (OEMS), BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF AUTOMOTIVE SUSPENSION MARKET FOR AFTERMARKET, BY COUNTRY, 2019 &2027 ($MILLON)
FIGURE 29.TURBOCHARGER MARKET, BY REGION, 2019-2027 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF TURBOCHARGER MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 31.U.S. TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 32.CANADA TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 33.MEXICO TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF TURBOCHARGER MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 35.GERMANY TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 36.FRANCE TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 37.UK TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 38.SPAIN TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 39.REST OF EUROPE TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 40.COMPARATIVE SHARE ANALYSIS OF TURBOCHARGER MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 41.CHINA TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 42.JAPAN TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 43.INDIA TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 44.SOUTH KOREA TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 45.REST OF ASIA-PACIFIC TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 46.COMPARATIVE SHARE ANALYSIS OF TURBOCHARGER MARKET, BY COUNTRY, 2019–2027 (%)
FIGURE 47.LATIN AMERICA TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 48.MIDDLE EAST TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 49.AFRICA TURBOCHARGER MARKET, 2019–2027 ($MILLION)
FIGURE 50.CONTINENTAL AG: NET SALES, 2016-2019 ($MILLION)
FIGURE 51.CONTINENTAL AG: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 52.CONTINENTAL AG: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 53.BORGWARNER INC: REVENUE, 2016–2019 ($MILLION)
FIGURE 54.BORGWARNER INC: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 55.BORGWARNER INC: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 56.CUMMINS: NET SALES,2016-2019 ($MILLION)
FIGURE 57.CUMMINS: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 58.CUMMINS: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 59.EATON: REVENUE, 2016–2019 ($MILLION)
FIGURE 60.EATON: REVENUE, BY BUSINESS SEGMENT, 2019 (%)
FIGURE 61.EATON: REVENUE, BY REGION, 2019 (%)
FIGURE 62.HONEYWELL: REVENUE, 2016–2019 ($MILLION)
FIGURE 63.HONEYWELL: REVENUE, BY BUSINESS SEGMENT, 2019 (%)
FIGURE 64.HONEYWELL: REVENUE, BY REGION, 2019 (%)
FIGURE 65.IHI CORPORATION: REVENUE, 2016–2019 ($MILLION)
FIGURE 66.IHI CORPORATION: REVENUE, BY BUSINESS SEGMENT, 2019 (%)
FIGURE 67.MITSUBISHI: REVENUE, 2017–2019 ($MILLION)
FIGURE 68.MITSUBISHI: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 69.MITSUBISHI: REVENUE SHARE BY REGION, 2019 (%)

 
 

Presently, vehicles have become an essential part of daily human life. As the globalpopulation 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 globalturbocharger market is anticipated to gaintraction, owing to increased vehicle production globally. Fuel-efficiency, enhanced power, and dynamic design are some of the benefits offered by turbocharger. Therefore, the turbocharger market is anticipated to grow and gradually replace traditional engines. In addition, technological developments in the automotive industry is estimated to enhance the engine performance.

Factors such as improved engine performance and fuel efficiency, government regulations, and engine downsizing to reduce vehicle weight drive the growth of the turbocharger market. Moreover, turbocharger installation and excessive rise in engine temperature, owing to overheating issue in turbochargers are expected to hamper the growth of the turbocharger market. However, rise indemand for fuel efficient engines and gasoline engines is expected to supplement the growth of the turbocharger market during the forecast period.

Among the analyzed regions,Europe is the highest revenuecontributorfollowed byAsia-Pacific, North America,and LAMEA. Asia-Pacific is expected to maintain itslead during the forecast period, owing to increased CAGR compared to other regions.
 

 

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FREQUENTLY ASKED QUESTIONS?
 

A. Turbocharger is an integral part of internal combustion (IC) engine, which improves performance of engine by increasing the amount of air intake in the combustion chamber with the help of ejected burnt air

A. Twin-turbo technology holds a market share of approximately 40% in the global turbocharger market. This is due to the wider adoption of twin turbo technology in turbocharger thus leading to the growth of the global turbocharger market.

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

A. The application segment of the turbocharger market will drive the global turbocharger market leading to the wider adoption of different turbochargers in different vehicles to improve the performance of the vehicle.

A. The company profiles of the top market players of 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 turbocharger industry as well as their last three-year revenue, segmental revenue, product offerings, key strategies adopted, and geographical revenue generated.

A. The top companies which holds a major market share in the global turbocharger market includes BorgWarner Inc., Continental AG, Cummins Inc., EATON Corporation, Honeywell and others which offers a variety of products thus leading to the growth of the turbocharger market

A. Th key trends in the global turbocharger market includes the demand for better performance of engine and less weight engines. Also other factors such as increased demand for fuel efficient engines leads to the growth of global turbocharger market.

A. Based on the turbocharger market analysis, Europe accounts to be highest revenue contributor in 2019 and provides more business opportunities during the forecast period whereas Asia-Pacific is expected to see a lucrative growth during the forecast period which is also expected to provide more business opportunities for turbochargers in near future.

A. The service providers in the global turbocharger industry are the different turbocharger manufacturers who are developing better and advanced turbochargers which are equipped with better and efficient system thus propelling the growth of the global market.

 

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