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Automotive Turbocharger Market by Technology

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The automotive turbocharger market, by value, 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 changing consumer preferences for greater power generating vehicles, stringent emission regulations in regions such as Europe and North America, and the upcoming regulation in Asian countries such as China and India. – PowerPoint PPT presentation

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Title: Automotive Turbocharger Market by Technology


1
Growing Demand for Commercial Vehicles to Drive
the Market for Turbochargers
www.MarketsandMarkets.com
2
The report "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
https//www.marketsandmarkets.com/pdfdownload.a
sp?id919

3
  • 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.
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  • https//www.marketsandmarkets.com/requestCustomiza
    tion.asp?id919

4
  • 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. Additionally, over
    the concerns of increasing fuel economy, OEMs
    have increased the use of turbochargers in
    gasoline vehicles. Cumulative effect of all these
    factors will drive the gasoline automotive
    turbocharger market.
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    m/requestsample.asp?id919

5
  • 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.
  • Automotive turbocharger market includes
    manufacturers such as Honeywell (US), BorgWarner
    (US), MHI (Japan), IHI (Japan), and Continental
    (Germany).
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    om/speaktoanalyst.asp?id919

6
The turbocharger technologies considered are
VGT/VNT, wastegate, and electric turbocharger,
which can enhance the fuel efficiency and achieve
better torque and power generation with less
emission. VGT is expected to be the fastest
growing market, by technology, and is estimated
to grow due to its benefits such as high
efficiency and reduced turbo lag over other types
of turbocharger. Turbochargers find an
indispensable application in off-highway
vehicles, such as construction vehicles,
agricultural tractors, and locomotive, given the
enhancement in power and performance, which is
expected from these vehicles. Agricultural
tractor application is expected to have the
largest market, in terms of volume, over the
forecast period. Buy Now https//www.marketsand
markets.com/Purchase/purchase_report1.asp?id919
7
Browse gtgt 105  market data
tables 59 figures
163 pages and in-depth TOC  "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" Early buyers will receive 10
customization on this report. 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.
8
ContactMr. RohanMarketsandMarkets INC. 630
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1-888-600-6441 sales_at_marketsandmarkets.com
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