Automotive Turbocharger Market boosted by Increasing Stringency in Emission

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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
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", 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. Download our free PDF
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HEV is projected to have the largest demand for
automotive turbochargers in the near future The
growth of the application of turbocharger in HEV
will greatly be seen in North America and Europe
region due to their advanced state of the art
technology and strict emissions norms.
Particularly high-end cars such as  Lexus ES, and
Mercedes E-Class, among others. Growth of the
application of turbocharger is more in V6 and V8
engine. Some of them are also equipped with twin
turbo. Countries from North America, and Europe
have largest market for such high-end cars. Even
these regions are providing various incentives
and tax rebates for the purchase of HEVs, which
is ultimately driving the HEV market in North
America and Europe regions. Request for free
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Browse gtgt 105 market data
tables 59 figures
163 pages and in-depth TOC on Automotive
Turbocharger Market  - Global Forecast to
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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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.   Request for sample https//www.mar
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Electric turbocharger market is expected to have
the fastest growth in automotive turbocharger
market, by technology Electric turbochargers are
turbochargers using an electric motor to overcome
the time lag of the exhaust gas-driven turbine.
An electric turbocharger is a new technology and
can be operational only with 48-volt
architecture. Cars based on 48-volt architecture
are expected to get commercialized by 2020 as per
MarketsandMarkets analysis. There are many
developments going on across the world. For
instance, DENSO has announced it will invest
approximately USD 1.6 billion from 2018 to late
2020 to support its aggressive development and
production of electrified automotive products,
systems and technologies
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Automotive Turbocharger Market Key
Players   Automotive turbocharger market is
dominated by manufacturers such as Honeywell
(US), BorgWarner (US), MHI (Japan), IHI (Japan),
and Continental (Germany).      
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