The Automotive Turbochargers Market is expected to be around US$ 27.51 Billion by 2027 at a CAGR of 9.43% in the given forecast period.
The global Automotive Turbochargers market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Turboch
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Automotive turbocharger is used to make the vehicle more fuel effective compared to a regular engine. In the era of growing concern for many types of fuel, automobile manufacturers are using automotive turbocharger to obey with the emission regulations set for automotive industry by the government. In order to decrease the level of damaging gases in the environment, use of turbochargers is growing in commercial vehicles as well. The developing trend of light-weighting engines in commercial vehicles is leading the shift toward direct gasoline engines, thereby positively manipulating the growth of vehicular turbo. Growing imposition of stringent automotive emission norms across the globe, Original Equipment Manufacturers are employing engine-downsizing strategies to optimize the fuel efficiency of vehicles. This tendency is expected to fuel the demand for turbochargers since they play a key role in curbing vehicle emissions and enhance fuel efficiency.
The global Automotive Turbochargers market is segregated on the basis of Fuel Type Outlook as Gasoline, Diesel, and Other. Based on Vehicle Type Outlook the global Automotive Turbochargers market is segmented in Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles.
The global Automotive Turbochargers market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Turbochargers market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Honeywell, BorgWarner, MHI, IHI, Continental, Bosch Mahle, Cummins, ABB, and others are among the major players in the global Automotive Turbochargers market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
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The Automotive Turbochargers Market has been segmented as below:
Automotive Turbochargers Market, By Fuel Type Outlook
- Gasoline
- Diesel
- Other
Automotive Turbochargers Market, By Vehicle Type Outlook
- Passenger Vehicles
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Automotive Turbochargers Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Automotive Turbochargers Market, By Company
- Honeywell
- BorgWarner
- MHI
- IHI
- Continental
- Bosch Mahle
- Cummins
- ABB
The report covers:
- Global Automotive Turbochargers market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Automotive Turbochargers market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Turbochargers market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
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https://www.marketresearchengine.com/automotive-turbochargers-market
Report Scope:
The global Automotive Turbochargers market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Turbochargers market share. Major industry players with significant revenue share include Honeywell, BorgWarner, MHI, IHI, Continental, Bosch Mahle, Cummins, ABB, and others.
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