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.