Global Automotive Turbocharger Market Size By Type, By Vehicle Type, By Geographic Scope And Forecast
Report Highlights
Automotive Turbocharger Market Size And Forecast
Automotive Turbocharger Market was valued at USD 12 Billion in 2018 and is projected to reach USD 24.72 Billion by 2026, growing at a CAGR of 9.41% from 2019 to 2026.
Global Automotive Turbocharger Market Overview
The automotive turbocharger has superior specifications like its ability to elevate the fuel capacity of an engine as well as it significantly increases the overall power production of the engine. These factors are driving the overall automotive turbocharger market. Also, the use of turbocharger in the automotive engine enable the acceleration by light pedal action and allows driving with modest engine loads. In addition, it acts as one of the major components in mitigating the particulate matter emission that leads to a cleaner exhaust. These mentioned characteristics lead to lower fuel consumption and minimal environmental impact. Thus, Turbochargers overcome the stringent policies regarding CO2 emission; it is the major factor that propels the demand for low emission and fuel-efficient vehicles.
Global Automotive Turbocharger Market: Segmentation Analysis
The Global Automotive Turbocharger Market is segmented based on Type,Vehicle Type, and Geography.
Key Players In Automotive Turbocharger Market
The Global Automotive Turbocharger Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
Honeywell
BorgWarner
Mahle GmbH
Continental
Cummins Inc.
Delphi Technologies
Turbo International
IHI Turbo America
Precision Turbo and Engine
Magnum Performance Turbos
Key Players In Automotive Turbocharger Market
The Global Automotive Turbocharger Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are
- Honeywell
- BorgWarner
- Mahle GmbH
- Continental
- Cummins Inc.
- Delphi Technologies
- Turbo International
- IHI Turbo America
- Precision Turbo and Engine
- Magnum Performance Turbos
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