Technological Innovations in Electronics to Drive the Growth of Surface Automotive Turbocharger Market

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Automotive Turbocharger Market worth 31.61
billion USD by 2025
www.MarketsandMarkets.com
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Automotive Turbocharger Market by Technology
(VGT, Wastegate, Electric), Material (Cast Iron,
Aluminum), Ice Hybrid Vehicle, Fuel Type,
Off-Highway (Agricultural, Construction,
Locomotive), Aftermarket, and Region - Global
Forecast to 2025 The automotive turbocharger
market is estimated to be USD 16.87 billion in
2018 and is projected to reach USD 31.61 billion
by 2025, at a CAGR of 9.39, from 2018 to 2025.
The growth of the automotive turbocharger market
is influenced by factors such as the increasing
production of commercial vehicles where
turbochargers are a standard fitment and shift
from diesel to gasoline cars owing to emission
regulations. Addition to that changing consumer
preferences for greater power generating
vehicles, increasing use of gasoline turbocharger
and stringent emission regulations. PDF Brochure
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VGT/VNT technology is projected to have the
largest demand for automotive turbochargers in
the near future VGT/VNT is turbocharger
technology facilitates the change of the
effective aspect ratio, also called A/R ratio,
based on any change in engine speed. The VGT
technology has helped to overcome the limitation
set by fixed geometry turbocharger
(FGT)/wastegate turbocharger in which the
effective area between vanes remains the same
throughout its working. VGT turbocharger is the
widely used technology in Europe and North
America as these are the advanced markets in the
automotive industry. Request for Customization
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Gasoline turbocharger market is expected to have
the fastest growth in automotive turbocharger
market Asia Oceania and North America are the
largest markets for gasoline passenger cars. In
North America, the trend for diesel did pick up
in passenger cars however, due to the emission
scandal and the additional cost required to make
diesel cars compliant with stringent emission
regulations, gasoline cars regained their
popularity. However, the usage of turbochargers
in petrol vehicles is a new trend and is fueled
by the trends toward increasing fuel economy and
reducing emissions. The installation rate of
turbochargers in passenger cars is the highest in
Europe and North America as strict emission
regulations are in place in these regions, and
OEMs will have to use turbochargers in order to
comply with these regulations. Request Sample _at_
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Asia Oceania is projected to be the largest and
the fastest growing automotive turbocharger
market The Asia Oceania market is estimated to
account for the largest share, by value, in 2018.
The growth is attributed to upcoming emission
regulations such as China 6 in China and BS 6
regulation in India. These regulations will
increase the demand for fuel-efficient vehicles
and, therefore, will lead the automotive
turbocharger market in Asia.  To achieve these
emissions limits, OEMs will have to install
turbochargers in vehicles. As Asia Oceania is
dominated by small cars production, OEMs are
focusing on engine downsizing with turbocharger
application. Speak to analyst _at_
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Market Ecosystem Automotive turbocharger
market includes manufacturers such as Honeywell
(US), BorgWarner (US), MHI (Japan), IHI (Japan),
and Continental (Germany).
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Browse gtgt 105 market data
tables 59 figures
163 pages and in-depth TOC on
Automotive Turbocharger Market worth 31.61
billion USD by 2025 Early buyers will receive
10 customization on this report. This is a
Premium Report Priced at US 5650 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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