Press release
Automotive Turbocharger Market 2019: Top Key Players are Bosch Mahle Turbo Systems, Honeywell, IHI, Magnum Performance Turbos, Precision Turbo & Engines, TEL and Turbo Engineering
A comprehensive research study on Automotive Turbocharger Market introduced by Global Market Insights, Inc. provides insights into the market size and growth trends of this industry over the forecast timeline. The study evaluates key aspects of market in terms of the demand landscape, driving factors and growth strategies adopted by market players.
Europe automotive turbocharger market will grow considerably over the study timeframe. This can be credited to the presence of major automobile companies adopting turbocharging technologies across their product portfolio. For instance, Volvo is working on an innovative engine technology that combines turbocharging and supercharging technologies for providing superior power and torque.
Get Sample Copy of This Report @ www.gminsights.com/request-sample/detail/2463
Gasoline segment will witness highest growth and is expected to account for over 32% automotive turbocharger market share by 2024. This is attributed to the high RPM generation and efficient fuel combustion in vehicles. Moreover, owing to high flammability of gasoline over diesel, system design contributes low space footprints. Thus, it contributes to the compact combustion chambers along with smaller engine components providing better fuel efficiency.
Automotive turbocharger market is estimated to exceed USD 24.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing demand for high performance and fuel-efficient vehicles coupled with strict emission regulations will primarily drive the automotive turbocharger market size. Vehicles equipped with these products can reduce the carbon emission by up to 20% and 15% for diesel and gasoline-powered engines respectively. Enabling vehicle manufacturers for compliance with the emission norms will provide strong industry growth prospects over the forecast period.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1.Banks Power
2. BorgWarner
3. BMTS Technology
4. Cimos D.D.
5. Cummins, Inc.
6. Honeywell International, Inc.
7. IHI Corporation
8. Linamar Corporation
9. Magnum Performance Turbos
10. Mitsubishi Heavy Industries
11. Montupet
12. Precision Turbo & Engine
13. Rotomaster
14. The Turbo Engineers GmbH
15. Turbo Energy Private Limited
16. Turbonetics, Inc.
Aftermarket distribution channel in automotive turbocharger market is expected to witness growth at around 11% over the forecast timeframe. Aftermarket channels primarily cater to the replacement of damaged or failed engine components and customized consumer requirements. Increasing average fleet age across major economies will fuel the replacement and maintenance requirements.
Make an Inquiry for purchasing this Report @ www.gminsights.com/inquiry-before-buying/2463
VGT/VNT technology accounted for the largest automotive turbocharger market share in 2017. It is extensively used in commercial & off-highway vehicles and passenger vehicles for boosting the internal engine combustion performance. Increasing adoption of customized vehicles for recreational activities, motorsport events and military operations will positively influence the requirement of technologically-advanced solutions.
Engine horsepower falls 3% with every 1,000 feet above sea level. For instance, in India, road conditions range from sea level to 6,000m resulting in the 18% reduction of power produced by the engine. However, the performance of automotive turbocharger improves at high altitudes owing to the increase in pressure difference in turbines and outer atmospheric pressures, in turn positively influencing the industry growth.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/automotive-turbocharger-market
Honeywell International, Inc., IHI Corporation, Cummins, Borg Warner BMTS, and Mitsubishi Heavy Industries are among the major automotive turbocharger market participants. Other industry participants include Precision Turbo & Engine, Turbonetics, Inc., Rotomaster, The Turbo Engineers GmbH, and Turbo Energy Private Limited.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Europe automotive turbocharger market will grow considerably over the study timeframe. This can be credited to the presence of major automobile companies adopting turbocharging technologies across their product portfolio. For instance, Volvo is working on an innovative engine technology that combines turbocharging and supercharging technologies for providing superior power and torque.
Get Sample Copy of This Report @ www.gminsights.com/request-sample/detail/2463
Gasoline segment will witness highest growth and is expected to account for over 32% automotive turbocharger market share by 2024. This is attributed to the high RPM generation and efficient fuel combustion in vehicles. Moreover, owing to high flammability of gasoline over diesel, system design contributes low space footprints. Thus, it contributes to the compact combustion chambers along with smaller engine components providing better fuel efficiency.
Automotive turbocharger market is estimated to exceed USD 24.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing demand for high performance and fuel-efficient vehicles coupled with strict emission regulations will primarily drive the automotive turbocharger market size. Vehicles equipped with these products can reduce the carbon emission by up to 20% and 15% for diesel and gasoline-powered engines respectively. Enabling vehicle manufacturers for compliance with the emission norms will provide strong industry growth prospects over the forecast period.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
1.Banks Power
2. BorgWarner
3. BMTS Technology
4. Cimos D.D.
5. Cummins, Inc.
6. Honeywell International, Inc.
7. IHI Corporation
8. Linamar Corporation
9. Magnum Performance Turbos
10. Mitsubishi Heavy Industries
11. Montupet
12. Precision Turbo & Engine
13. Rotomaster
14. The Turbo Engineers GmbH
15. Turbo Energy Private Limited
16. Turbonetics, Inc.
Aftermarket distribution channel in automotive turbocharger market is expected to witness growth at around 11% over the forecast timeframe. Aftermarket channels primarily cater to the replacement of damaged or failed engine components and customized consumer requirements. Increasing average fleet age across major economies will fuel the replacement and maintenance requirements.
Make an Inquiry for purchasing this Report @ www.gminsights.com/inquiry-before-buying/2463
VGT/VNT technology accounted for the largest automotive turbocharger market share in 2017. It is extensively used in commercial & off-highway vehicles and passenger vehicles for boosting the internal engine combustion performance. Increasing adoption of customized vehicles for recreational activities, motorsport events and military operations will positively influence the requirement of technologically-advanced solutions.
Engine horsepower falls 3% with every 1,000 feet above sea level. For instance, in India, road conditions range from sea level to 6,000m resulting in the 18% reduction of power produced by the engine. However, the performance of automotive turbocharger improves at high altitudes owing to the increase in pressure difference in turbines and outer atmospheric pressures, in turn positively influencing the industry growth.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/automotive-turbocharger-market
Honeywell International, Inc., IHI Corporation, Cummins, Borg Warner BMTS, and Mitsubishi Heavy Industries are among the major automotive turbocharger market participants. Other industry participants include Precision Turbo & Engine, Turbonetics, Inc., Rotomaster, The Turbo Engineers GmbH, and Turbo Energy Private Limited.
Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
