Turbocharger Market 2018 Key Country Analysis: Global Key Players Honeywell, Borgwarner, IHI, Mitsubishi, Cummins, Continental, Eaton, Bosch, Turbo Energy, and Rotoma

Turbocharger Market Share, Growth, Trends, and Key Country Analysis Research Report 2018: Global Forecast to 2027, Global Turbocharger Market will Register CAGR of 4% through 2027. Report provides in-depth analysis of Turbocharger Industry by Vehicle Type (Passenger Car, LCV, HCV, Agricultural Tractor and Construction Equipment), Technology (Variable Geometry Turbocharger(VGT)/ Variable Nozzle Turbocharger(VNT), Wastegate, and Others), Fuel Type (Gasoline and Diesel), and by Region.

Top Turbocharger Manufacturers Competitive Landscape:

Turbocharger market is volatile and highly competitive with the presence of some well-established vendors. The eminent players of the market include Honeywell International Inc., Borgwarner Inc., IHI Corporation, Mitsubishi Heavy Industries Ltd., Cummins Inc., Continental AG, Eaton Corporation PLC, Bosch Mahle Turbo Systems GmbH & Co. Kg, Turbo Energy Private Limited, and Rotomaster International.

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These market participants are continuously implementing various strategies such as mergers, partnership, collaboration, product launches, etc. to gain a substantial edge over the market. Competition in the Turbocharger market is heating up. As these key players are increasingly investing towards the development of new technology, many smaller companies will not be able to keep up with the technological pace.

Market Overview:

Over the past decade, it has been experienced that the prices of crude oil per barrel is increasing very rapidly and also the availability the crude oil is decreasing day by day. Due to these factors, the mind-set of large pool of population is shifting their preference towards electric vehicles. In the last 3 to 4 years, the demand for electric vehicles in the United States is rapidly increasing and seen around 70% of year-over-year growth in the sales. Along with the United States, Norway has also put a step ahead and has shifted more focus towards electric vehicles. As per the market statistics, every third of new car is electric and also the country has the highest proportion of 6.4% worldwide followed by Sweden i.e. 3.4%. The growth of electric vehicles is increasing across the globe and since 2014, the sales have been doubled. As of 2016, near about 777,500 electric vehicles have been sold worldwide.

Turbocharger is a type of forced induction system which increases an internal combustion engine’s power output and efficiency by forcing air into the combustion chamber. Stringent environmental regulations, increasing trend for opting better fuel economy and to enhance the engine performance will boost the demand for the turbocharger, as  the turbocharger are more fuel efficient and improves the power of the automotive engine. Increasing demand for power generating automobile, need for fuel efficient engines will drive the passenger car segment of vehicle type and will have significant impact on the turbocharger market.   

Segmentation:

The Global Turbocharger Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Vehicle Type: Comprises Passenger Car, LCV, HCV, Agricultural Tractor and Construction Equipment.
Segmentation by Technology: Comprises Variable Geometry Turbocharger (VGT)/ Variable Nozzle Turbocharger (VNT), Wastegate, and Others
Segmentation by Fuel Type: Comprises Variable Gasoline and Diesel
Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.
Regional Analysis:

Asia-Pacific is expected to dominate the turbocharger market in the forecast period and is followed by North America and Europe. Increasing usage of vehicles, increasing need for power efficient passenger & commercial vehicles, high demand for fuel efficient engines in the economically emerging countries like China and India will drive the market of turbocharger in the Asia-Pacific region.

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List of Tables:

Table 1 Turbocharger Market: By Region, 2017-2023

Table 2 North America Turbocharger Market: By Country, 2017-2023

Table 3 Europe Turbocharger Market: By Country, 2017-2023

Table 4 Asia Pacific Turbocharger Market: By Country, 2017-2023

Table 5 RoW Turbocharger Market: By Country, 2017-2023

Table 6 Turbocharger Market, By Body Type, By Regions, 2017-2023

Table 7 North America Turbocharger Market, By Body Type, By Country, 2017-2023

Table 8 Europe Turbocharger Market, By Body Type, By Country, 2017-2023

Table 9 Asia Pacific Turbocharger Market By Body Type, By Country, 2017-2023

Table 10 RoW Turbocharger Market By Body Type, By Country, 2017-2023

Continued…

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued…

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