The Global Automotive Turbocharger Market is estimated to reach USD 24.1 Billion in 2024 at a CAGR of 10.2%. Increase in demand for low fuel consuming vehicles and strict emission regulations for fuel efficiency are expected to drive the automotive turbocharger market during the forecast period. However, service and maintenance cost is expected to restrain the market during the forecast period. Increase in demand for electric turbocharging and rising R&D activities for development of advanced automotive turbochargers is expected to become an opportunity for automotive turbocharger market.
Automotive turbocharger is a power-boosting device fitted to a vehicle’s engine which recovers the waste energy from the exhaust gasses and uses it to compress the air and feeds it into the engine for maintaining air to fuel ratio. Turbocharger is used to improve engine’s efficiency by increasing the density of the intake gas thereby allowing more power to engine. Some key players in automotive turbocharger are BorgWarner Inc., Continental AG, BMTS TECHNOLOGY, Cummins Inc., and Honeywell International Inc. among others.
This market research report offers a comprehensive analysis of key market trends in the global automotive turbocharger market. It includes detailed discussion on historical market trends, current market dynamics, consumer landscape, growth opportunities and challenges backed by tactful feedbacks. On the basis of type, the market is segmented into single-turbo, twin-turbo, twin-scroll turbo, variable geometry turbo, variable twin scroll turbo and electric turbo. Based on components, the market can be segmented into compressor, turbine and center housing. Based on fuel type, the market can be segmented into compressed natural gas (CNG), diesel and gasoline. Based on application, the market can be segmented into passenger vehicles, light duty vehicles (LDV) and heavy duty vehicles (HDV). Based on end user, the market can be segmented into original equipment manufacturer (OEM) and aftermarket. The regional analysis is covered under five major regions such as North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America, with individual country-level analysis.
The report on the global market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
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Report Features |
Specifics |
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Historical/Estimated/Forecasted Market Size Years |
2017-2024 |
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Base Year for Market Calculation |
2018 |
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Forecasted Period |
2019-2024 (2019 estimated year, forecasted up to 2024) |
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Measured Units |
Value (USD Million) Volume (Units) |
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Segments Included |
Type, Components, Fuel Type, Application, End User and Region |
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Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa and South America |
For the scope of report, In-depth segmentation is offered by Forencis Research
Automotive Turbocharger Market, by Type
Automotive Turbocharger Market, by Components
Automotive Turbocharger Market, by Fuel Type
Automotive Turbocharger Market, by Application
Automotive Turbocharger Market, by End User
Automotive Turbocharger Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Increasing Demand for Low Fuel Consuming Vehicles
4.2.2. Strict Emission Regulations for Fuel Efficiency
4.3 Restraints
4.3.1 Service and Maintenance Cost
4.4 Opportunities
4.4.1 Increase in Demand for Electric Turbocharging
4.4.2 Rising R&D Activities for Development of Advanced Automotive Turbochargers
4.5 Challenges
4.5.1 Turbo Lagging
4.5.2 Warranty Invalidation Due to Installing Aftermarket Turbocharger
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 AUTOMOTIVE TURBOCHARGER MARKET BY TYPE, Market Size in USD Million and Units (2017—2024)
6.1 Introduction
6.2 Single-Turbo
6.3 Twin-Turbo
6.4 Twin-Scroll Turbo
6.5 Variable Geometry Turbo
6.6 Variable Twin Scroll Turbo
6.7 Electric Turbo
7 AUTOMOTIVE TURBOCHARGER MARKET BY COMPONENTS, Market Size in USD Million and Units (2017—2024)
7.1 Introduction
7.2 Compressor
7.3 Turbine
7.4 Center Housing
8 AUTOMOTIVE TURBOCHARGER MARKET BY FUEL TYPE, Market Size in USD Million and Units (2017—2024)
8.1 Introduction
8.2 Compressed Natural Gas (CNG)
8.3 Diesel
8.4 Gasoline
9 AUTOMOTIVE TURBOCHARGER MARKET BY APPLICATION, Market Size in USD Million and Units (2017—2024)
9.1 Introduction
9.2 Passenger Vehicles
9.3 Light Duty Vehicles (LDV)
9.4 Heavy Duty Vehicles (HDV)
10 AUTOMOTIVE TURBOCHARGER MARKET BY END USER, Market Size in USD Million and Units (2017—2024)
10.1 Introduction
10.2 Original Equipment Manufacturer (OEM)
10.3 Aftermarket
11 AUTOMOTIVE TURBOCHARGER MARKET BY REGION, Market Size in USD Million and Units (2017—2024)
11.1 North America
11.1.1 US
11.1.2 Canada
11.1.3 Mexico
11.2 Europe
11.2.1 Germany
11.2.2 UK
11.2.3 France
11.2.4 Italy
11.2.5 Spain
11.2.6 Rest of Europe
11.3 Asia-Pacific
11.3.1 China
11.3.2 India
11.3.3 Japan
11.3.4 South Korea
11.3.5 Australia
11.3.6 Rest of Asia-Pacific
11.4 Middle East & Africa
11.4.1 Saudi Arabia
11.4.2 UAE
11.4.3 Rest of Middle East & Africa
11.5 South America
11.5.1 Brazil
11.5.2 Argentina
11.5.3 Rest of South America
12 COMPETITIVE LANDSCAPE
12.1 Introduction
12.2 Market Ranking/Share Analysis of Key Companies
12.3 Company Benchmarking
13 COMPANY PROFILES
13.1 BorgWarner Inc.
13.1.1 Company Overview
13.1.2 Financial Overview
13.1.3 Products/Solutions/Services Offered
13.1.4 Key Developments
13.1.5 SWOT Analysis
13.2 Continental AG
13.3 BMTS TECHNOLOGY
13.4 Cummins Inc.,
13.5 Honeywell International Inc.
13.6 IHI Corporation
13.7 MITSUBISHI HEAVY INDUSTRIES, LTD.
13.8 ABB Ltd.
13.9 Linamar Corporation
13.10 Delphi Technologies
13.11 Others
14 APPENDIX
14.1 Key Industry Expert Insights
14.2 Primary Discussion Guide
14.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain