Automotive Turbocharger Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027
The surveyed automotive turbocharger market was valued at over $278 million in 2020 and is expected to reach a value of over $400 million by 2026, recording a CAGR of over 8.5% over the forecast period.
Covid-19 has impacted the industry by forcing manufacturers to close assembly lines and slowing the economy. Since there is little vehicle movement, there have been no new requirements for a spare turbocharger for installing a turbocharger on a new vehicle and replacing an already existing one.
However, with increasing demand for performance and luxury cars, the market is trying to recover to a stable economy with good sales forecasts to meet the potentially high demand.
Automotive Turbocharger Market Segmentations
By Technology
- VNT/VGT
- Wastegate
- Electric
- Twin-turbo
- Free-floating
- Double Axle
By Material
- Cast iron
- Aluminum
- Others
By Components
- Turbine
- Compressor
- Housing
By Fuel Type
- Diesel
- Gasoline
By Application
- Agricultural tractors
- Construction equipment
By Vehicle Type
- Passenger cars
- Light commercial vehicles
- Truck
- Bus
- CNG/Alternate fuels
Key Players
- Honeywell (U.S.)
- BorgWarner (U.S.)
- MHI (Japan)
- IHI (Japan)
- Continental (Germany)
- Bosch Mahle (Germany)
- Cummins (U.S.)
- ABB (Switzerland)
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Automotive Turbocharger Market Report
- What was the Automotive Turbocharger Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Automotive Turbocharger Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
- Which manufacturer/vendor/players in the Automotive Turbocharger Market was the market leader in 2018?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation