Automotive Turbocharger Market by Technology

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Growing Demand for Commercial Vehicles to Drive
the Market for Turbochargers
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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
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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.
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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. 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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• 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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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
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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.
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