Logo
Global Automotive Turbocharger (Variable Geometry Turbocharger, Wastegate Turbocharger, Electric Turbocharger) Market 2027

Global Automotive Turbocharger (Variable Geometry Turbocharger, Wastegate Turbocharger, Electric Turbocharger) Market 2027

Actual Market Research 19-05-2022 176 Pages Figures : 92 Tables : 31 Region : Global Category : Automotive & Transport Automotive Parts
  • Report Description
  • Table of Contents
  • List of Figure Tables
  • Companies Mentioned
Download Page
Featured Companies

1. Continental

2. Mitsubishi Corporation

3. Garrett Motion Inc.

4. Cummins Inc.

5. Borgwarner Inc.

More...

An automotive turbocharger is a system that helps an engine to produce more power and torque through forced induction. The automotive turbocharger market is mainly driven by emission regulations, rising fuel cost globally, automotive sales and automotive production in the various countries. The turbocharger market includes turbochargers for new passenger and commercial vehicles as well as turbochargers for replacement use in the global aftermarket. Further, the adoption of electric vehicle is increasing day by day globally, due to this reason; many major firms are taking initiatives towards manufacturing of e-turbocharging for the electric vehicle, which will help in boosting the efficiency of the vehicle. According to the report title, “Global Automotive Turbocharger Market, 2027”, publish by Actual Market research, the automotive turbocharger market is anticipated to grow at a CAGR of10.56% in value terms in the forecast period. To improve the overall performance and efficiency of a vehicle’s engine, different types of turbochargers are used in vehicles. According to the report, the turbocharger market is segregated into three major technology type i.e. variable geometry turbocharger (VGT), wastegate turbocharger and electric turbochargers. The Variable geometry turbocharger is leading the market with more than 65%of value share and it is expected to capture a higher market share in the forecast period. Follow by the wastegate turbocharger technology. An electric turbocharger is used to eliminate turbo lag and assist a normal turbocharger at lower engine speeds where a conventional turbocharger is not more efficient. So the penetration of electric turbochargers in vehicles is likely to increase in the future. By vehicle type, the market is segmented into passenger and commercial vehicles. Passenger vehicle is leading the market with more than 75% value share. Due to an increase in production of passenger, light commercial and commercial vehicles, it will allow the turbocharger market to grow at a faster rate in future. Turbochargers are used in various fuel engines for many years, in order to obtain greater power or torque output for a given engine displacement. According to the report, the market is segmented into two fuel type i.e. gasoline and diesel fuels. The diesel fuel segment is leading the market with more than 68% of value market share. The automotive turbochargers allow original equipment manufacturers to reduce engine size without sacrificing vehicle performance, thereby increasing fuel efficiency and decreasing harmful emissions. According to the report, market is segmented into two sales channel type i.e. original equipment manufacturers and aftermarket. Original equipment manufacturers segment is leading the market with more than 95% market share. The aftermarket segment of turbocharger is likely to grow in future as many firms are involving in turbocharger aftermarket. All regions continue to show growth as global macros of increased regulation and growing consumer performance expectations help drive the golden age of turbochargers. According to the report, by region wise, the automotive turbocharger market is segregated into five major regions i.e. North America, Europe, Asia-Pacific, Latin America and Middle East &Africa. The Asia Pacific region is dominating the market with more than 63% value market share. Follow by North America region. By country, china is leading the automotive turbocharger market with more than 35% market share. There are many prominent companies in the automotive turbocharger market which are leading the market. The companies are Garrett Motion Inc., Cummins Inc., Borgwarner Inc., Continental AG and Ishikawajima-Harima Heavy Industries Co., Limited. The global COVID-19 pandemic has created unparalleled challenges for the auto industry in the short-term.COVID-19 pandemic situation has resulted in diminish in automotive production which is directly proportionate to the decline in the automotive turbocharger market. On the other side, the pandemic situation has enforced the various firms in the turbocharger market to adopt new technologies during the operation, which will create a better chance for the growth of the turbocharger market. Major Companies present in the market: Garrett Motion Inc., Cummins Inc., Borgwarner Inc., Continental AG, Ishikawajima-Harima Heavy Industries Co., Limited, Mitsubishi Heavy Industries Limited, Turbo Energy Private Limited, Hunan Tyen Machinery Co., Ltd., Rotomaster International, BMTS Technology GmbH & Co. KG, Fengcheng Xindongli Turbocharger Co., Limited, Bullseye Power Turbo Chargers LLC., The Turbo Engineers Gmbh, Kompressorenbau Bannewitz GmbH, Magnum Performance Turbos, Inc., Precision Turbo & Engine Inc. , Turbonetics, Inc., Ningbo Motor Industrial Co., Ltd, Marelli Corporation and Banks Power Considered in this report • Geography: Global • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Global Automotive Turbocharger market with its value and forecast along with its segments • Region-wise automotive turbocharger market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Regions and countries covered in the report • North America- United States, Canada, Mexico • Europe- Germany, United Kingdom, France, Italy, Spain, Russia • Asia-Pacific- China, Japan, South Korea, India, Thailand, Indonesia • Latin America-Brazil, Argentina • Middle-East & Africa- Iran, Turkey, South Africa Types of Technology in the report: • Variable Geometry Turbocharger • Wastegate Turbocharger • Electric Turbocharger By Vehicle Type in the report: • Passenger Vehicle • Commercial Vehicle Type of Fuel in the report: • Gasoline • Diesel Type of Sales Channel in the report: • Original Equipment Manufacturer • Aftermarket The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analyzing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to automotive turbocharger industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

Read More

Card image cap

Interested in this report?
Get your FREE sample!

Safe and Secure SSl Encryption

Payment

Licensing options Info

  •   Single User License
  •   Hard Copy
  •   Site License
  •   Global User License
Users
HAVE A QUESTION?

Toll-free +44 800 1026595

Email us on:- sales@actualmarketresearch.com


Want to customize this report?

Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

We offer $1000 worth of FREE customization at the time of purchase

80% of the clinet request tailor made solution, how can we help you?

How client has rates us?

Requirement Gathering & Methodology
Data Collection Techniques
Our Research Team & Data Sourcing
Data Science & Analytical Tools
Data Visualization & Presentation Skills
Project/ Report Delivery & After Sales Services

Buy Chapters or Sections?

Avail customized purchase options to meet your exact research needs:


  • Buy sections of this report

  • Buy country level reports

  • Request for historical data

  • Request discounts available for Start-Ups & Universities

Order Details

Order Placed (03 June, 2023)

Notify To Team (03 June, 2023)

Report updation (04 June, 2023)

Report Quality Check (04 June, 2023)

Report Dispatch (05 June, 2023)

Paypal

ICICI

Stripe

Wire transfer

Email

Hard Copy

Our Clients
Our Clients
Our Clients
Our Clients
Our Clients
Our Clients
Testimonial

READY TO MIX MARKET HAS HELPED US TO UNDERSTAND PRODUCT, PRICE & VARIENTS OF ALL THE COMPETITION INCLUDING SMALL STARTUPS/REGIONAL PLAYERS.

PRODUCT DEVELOPMENT MANAGER

CEO

ASHISH ARORA

BEING A STARTUP WE WERE NOT AWARE ABOUT E-COMMERCE LOGISTICS, THE REPORT HAS RESOLVED ALL OUR QUERIES. THE TEAM HAVE IN DEPTH KNOWLEDGE OF LOGISTICS. REMARKABLE!!

EXECUTIVE DIRECTOR

EXECUTIVE DIRECTOR

RAHUL ROY

THE REPORT WAS GOOD FOR OUR STUDY, I WOULD STRONGLY RECOMMEND ACTUAL MARKET RESEARCH. A VERY CUSTOMER CENTRIC AND APPROACHABLE TEAM.

SALES DIRECTOR

SALES DIRECTOR

ARJUN PRASAD

THE COMPANY WHICH THOROUGHLY UNDERSTANDS INDIAN CONSUMER AND INDIAN MARKET. WE ARE REALLY HAPPY TO WORK WITH ACTUAL MARKET RESEARCH

MARKETING MANAGER

President

MANISH VERMA

ACTUAL MARKET RESEARCH DID AN OUTSTANDING WORK ON GLOBAL HAND SANITIZER PROJECT. IT WAS INDEED A COMPREHENSIVE REPORT THAT GAVE US REVENUE IMPACTING SOLUTION ENABLING US TO PLAN THE RIGHT MOVE.

MARKETING DIRECTOR

MARKETING DIRECTOR

BALRAJ BHANOT

THE STUDY DONE BY ACTUAL MARKET RESEARCH WAS CUSTOMIZED WITH ALL OUR NEEDS. WE WERE EXTREMELY IMPRESSED BY THE SIMPLE BUT COMPREHENSIVE PRESENTATION OF THE STUDY AND THE QUALITY OF WORK DONE.

PRODUCT MANAGER

PRODUCT MANAGER

MATTHEW

I’M GLAD I DECIDED TO WORK WITH YOU. THANKFUL TO THE TEAM FOR THE AMAZING COORDINATION, IT WAS INDEED A GOOD EXPERIENCE, WOULD DEFINITELY RECOMMEND AND COME BACK FOR FUTURE PROSPECTS.

ASSOCIATE DIRECTOR

ASSOCIATE DIRECTOR

TONNY WOOD

Related Products
Recent Products
About
Verticals
Services
  • We Accept
  • Payment
  • Secure with us
  • Payment
  • DMCA.com Protection Status
Contact us
  • T-13/a, Indiabulls Mega Mall, Jetalpur Road, Vadodara-390007, Gujarat, India
  • Toll-free +44 800 1026595
  • sales at actualmarketresearch.com
Subscribe Newsletter