Automotive Turbocharger Market Size, Share, Trends Analysis Report By Product, By Application, By Region And Global Forecast 2018-2023

OverviewAutomotive Turbocharger Market  is a turbine, which is driven by the energy of exhaust gas generated by the internal combustion engine.

According to a recent study report published by the Market Research Future, The global market of automotive turbocharger is booming and expected to gain prominence over the forecast period.

The market is forecasted to demonstrate a stunning growth by 2023, surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).Turbocharger engines are used widely with many advantages that play a vital role in environmental pollution control.

Diesel engines are considered, one of the largest contributors to environmental pollution caused by exhaust emissions.

Another factor responsible for the increase in vehicle sales, is the macroeconomic development and the rise in the global middle class consumers.

In 2013, the number of vehicle sold were 85.6 million while in 2016 it was 93.8 million.Get free sample pdf @ https://www.marketresearchfuture.com/sample_request/4352The dynamic business environment and cut throat competition in the market constantly requires influx of capital to update their technology to cope with increasing incidences of customization by the consumers.

The global Automotive Turbochargers market study presents an all in all compilation of the historical, current and future outlook of the market as well as the factors responsible for such a growth.

With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Automotive Turbochargers market player in a comprehensive way.

Further, the Automotive Turbochargers market report emphasizes the adoption pattern of the Automotive Turbochargers across various industries.Request to View Sample of Report @ https://www.factmr.com/connectus/sample?flag=S_id=16The Automotive Turbochargers market report highlights the following players:Turbonetics IncTHE TURBO ENGINEERS GmbHEaton Corporation PLCTurbo Energy Private LimitedThe Automotive Turbochargers market report examines the operating pattern of each player – new product launches, partnerships, and acquisitions – has been examined in detail.Important regions covered in the Automotive Turbochargers market report include:North AmericaEuropeAPEJMEAJapanA Methodology of this Report is Available upon Request @ https://www.factmr.com/connectus/sample?flag=RM_id=16The Automotive Turbochargers market report takes into consideration the following segments by Engine Type:Diesel Engine Automotive TurbochargerGasoline Engine Automotive TurbochargerThe Automotive Turbochargers market report contain the following Vehicle Type:Passenger car Automotive TurbochargerLCV Automotive TurbochargerHCV Automotive TurbochargerThe Automotive Turbochargers market report offers a plethora of insights which include:Changing consumption pattern among individuals globally.Historical and future progress of the global Automotive Turbochargers market.Region-wise and country-wise segmentation of the Automotive Turbochargers market to understand the revenue, and growth lookout in these areas.Accurate Year-on-Year growth of the global Automotive Turbochargers market.Important trends, including proprietary technologies, ecological conservation, and globalization affecting the global Automotive Turbochargers market.The Automotive Turbochargers market report answers important questions which include:Which regulatory authorities have granted approval to the application of Automotive Turbochargers in automotive industry?How will the global Automotive Turbochargers market grow over the forecast period?Which end use industry is set to become the leading consumer of Automotive Turbochargers by 2022?What manufacturing techniques are involved in the production of the Automotive Turbochargers?Which regions are the Automotive Turbochargers market players targeting to channelize their production portfolio?The Automotive Turbochargers market report considers the following years to predict the market growth:Historic Year: 2012 - 2016Base Year: 2012Estimated Year: 2022Forecast Year: 2017 – 2022Get Full Access of the Report @ https://www.factmr.com/report/16/automotive-turbocharger-market  Why Choose Fact.MR?

Fact.MR follows a multi- disciplinary approach to extract information about various industries.

Our analysts perform thorough primary and secondary research to gather data associated with the market.

With modern industrial and digitalization tools, we provide avant-garde business ideas to our clients.

Recently published a report entitled Automotive Turbocharger Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.

Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad automotive turbocharger market has been sub-grouped into vehicle type, technology, fuel type, and end-user.

The report studies these subsets with respect to the geographical segmentation.

The strategists can gain a detailed insight and devise appropriate strategies to target specific market.

This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of Automotive Turbocharger Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/automotive-turbocharger-market/download-sampleBy Vehicle TypeHeavy Commercial Vehicle {HCV}Light Commercial Vehicle {LCV}Passenger VehicleBy TechnologyTwin TurboVariable Geometry Technology {VGT}Wastegate TechnologyBy Fuel TypeGasolineDieselBy End-UserOEMsAftermarketThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.

The key players in the automotive turbocharger market includeBorgWarner Inc, BOSCH Mahle Turbo Systems, Continental AG, Cummins Inc., Eaton Corporation PLC, Honeywell International Inc., IHI Corporation, Mitsubishi Heavy Industries Ltd, Rotomaster International, and Turbo Energy PVT Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for the automotive turbocharger in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Automotive Turbocharger Market Report published by value market research, it provides a comprehensive market analysis which includes market size, share, value, growth, trends during forecast period 2019-2025 along with strategic development of the key player with their market share.

Further, the market has been bifurcated into sub-segments with regional and country market with in-depth analysis.The report also covers detailed competitive landscape including company profiles of key players operating in the global market.

The key players in the automotive turbocharger market includeBorgWarner Inc, BOSCH Mahle Turbo Systems, Continental AG, Cummins Inc., Eaton Corporation PLC, Honeywell International Inc., IHI Corporation, Mitsubishi Heavy Industries Ltd, Rotomaster International, and Turbo Energy PVT Ltd. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.Get more information on "Global Automotive Turbocharger Market Research Report" by requesting FREE Sample Copy at https://www.valuemarketresearch.com/contact/automotive-turbocharger-market/download-sampleMarket DynamicsBooming automotive industry on account of rising sales of diesel-powered vehicles are driving the market growth.

Use of turbocharger to increase engine efficiency is again fueling the market growth.

Stringent governmental norms imposed regarding carbon emission is again pushing the market demand.This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis, and value chain analysis.

These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities.

Final Report will add the Impact of COVID-19 Analysis on Automotive Electric Turbocharger Industry:The Global Automotive Electric Turbocharger Market Size is projected to reach USD 0.11 billion by the end of 2027.

According to a report published by Fortune Business Insights, titled “Automotive Electric Turbocharger Market Size, Share & Industry Analysis, By Fuel Type (Gasoline and Diesel) and By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle) and Regional Forecasts, 2019-2027,” the market was worth USD 0.13 billion in 2019 and will exhibit a CAGR of 14% during the forecast period, 2019-2027.Source:https://www.fortunebusinessinsights.com/automotive-electric-turbocharger-market-103293 List of companies profiled in the report:Garrett Motion (Rolle, Switzerland) (https://www.garrettmotion.com/)Continental AG (Hanover, Germany) (https://www.continental.com/en)Aptiv PLC (Dublin, Ireland) (https://www.aptiv.com/)ABB (Zurich, Switzerland) (https://new.abb.com/)Cummins Inc. (Columbus, US) (https://www.cummins.com/)Ningbo Motor Industrial Co. Ltd. (Ningbo, China) (http://www.nbmotor.com/)Precision Turbo and Engine Inc. (Hebron, Indiana) (https://www.precisionturbo.net/)Robert Bosch GmbH (Gerlingen, Germany) (https://www.bosch.com/)Mahle (Stuttgart, Germany) (https://www.mahle.com/)Rotomaster International (Canada) (http://www.rotomaster.com/)Mitsubishi Heavy Industries.

Ltd (Tokyo, Japan) (https://www.mhi.com/mitsubishi-heavy-industries-ltd-global-website)Covid-19 Impact to Have a Negative Impact on Automotive SalesThe recent coronavirus outbreak has had a negative impact on several businesses across the world.

Moreover, advances in physical structures of automotive electric turbochargers have yielded compact structures and design as well reduced the weight of the product; which will further affects the growth of the market.Product Innovations have had a Massive Impact on Market GrowthThe report encompasses several factors that have affected the growth of the overall automotive electric turbocharger market in recent years.

In October 2019, Garrett Motion announced the launch of a new turbocharger for passenger cars.

This, in turn, will create several opportunities for the companies operating in this market.

According to the market research 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 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.Download our free PDF Brochure and gain crucial industry insights that will help your business growhttps://www.marketsandmarkets.com/pdfdownloadNew.asp?id=919HEV is projected to have the largest demand for automotive turbochargers in the near futureThe 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.

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 Customization: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=919Electric turbocharger market is expected to have the fastest growth in automotive turbocharger market, by technologyElectric turbochargers are turbochargers using an electric motor to overcome the time lag of the exhaust gas-driven turbine.

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.

According to the new market research report "Automotive Turbocharger Market By Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Component, Fuel Type, Application (Agriculture, Construction), Vehicle (Passenger Car, LCV, Truck & Bus), Aftermarket, Region-Global Forecast To 2025", Published by MarketsandMarkets™, The global Automotive Turbocharger Market size is projected to grow at a CAGR of 10.5% over the forecast period, to reach USD 18.4 billion by 2025 from USD 11.1 billion in 2020.Factors such as decreased emission limits in new emission regulations, fuel shift towards gasoline passenger cars & especially towards GDI engines and focused technological advancements in electric turbocharger technology for mild-hybrid vehicles are projected to create a potential demand for automotive turbochargers in the coming years.Automotive Turbocharger Market is dominated by manufacturers such Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany), Bosch Mahle (Germany), Cummins  (US), ABB (Switzerland), TEL (India), and Delphi Technologies (UK), Rotomaster International (Canada), Precision Turbo & Engine INC(US), Turbonetics(US), Turbo International (US), Kompressorenabu Bannewitz GMBH(Germany), Turbo Dynamic Ltd.(UK), Fuyuan Turbocharger Co. Ltd.(China), Hunan Tyen Machinery Co. Ltd. (China), Ningbo Motor Industrial Co. Ltd. (China), Calsonic Kansei (Japan).Request FREE Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=919The wastegate turbocharger type is estimated to hold the largest share in the marketWastegate turbochargers are expected to hold the largest share (in terms of volume) in 2020, of the total turbochargers market.

Wastegate turbochargers, being more economical than VGT type, Asia Oceania is estimated to showcase the most significant demand for this type of turbocharges, as the region prefers economic passenger cars (especially in countries such as China and India).

However, owing to its better efficiency (than wastegate turbos) and new emission regulations, which are expected to be introduced in India and China in the coming years, the demand for VGT is likely to increase in Asian countries post-2020.Passenger car is estimated to be the fastest-growing segment in the Automotive Turbocharger MarketThe passenger car segment is expected as the largest market for automotive turbochargers as it contributes to more than 50% of the global vehicle production.

With a change in fuel type from diesel to gasoline and advancements in 48V mild-hybrid cars, the demand for gasoline and electric turbochargers is projected to grow in the passenger car segment in the coming years.Asia Pacific: The region with the largest demand for automotive turbochargersAsia Pacific countries such as China, Japan, South Korea, and India are the largest vehicle producers globally.

Considering the opening of manufacturing plants in China, global vehicle production would grow at a rate of 3.3% from 2020 to 2025.Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=919Factors responsible for the steady growth of the Automotive Turbocharger Market the post-2020 recovery of vehicle production are:Stringent emission norms - China VI, with its limits lower than Euro VI set to be implemented in 2020, and India’s BS-VI standards set to be implemented in 2020 (skipping BS V norms).The increasing popularity of TGDI - 50% of passenger cars are equipped with TGDI, and this rate estimated to grow further in the future.

Other factors, such as increased fuel prices, will positively affect the turbocharger market.The key OEMs in this region include Brilliance Auto, Shanghai Automotive Industry Corporation (SAIC), Chery Automobile, Geely Automobile, Hawtai Motor Group, and Honda Motor Co., Ltd.