Turbocharger Market

Turbocharger Market Size, Share & Trends, Industry Analysis Report from 2022 to 2030

Turbocharger Market was valued at $16.13 Billion in 2022, and is projected to reach $24.23 Billion by 2030, registering a CAGR of 5.3%.

The present conventional turbocharger industry is predicted to grow slowly due to a mature sector and a quick transition to hybrid vehicles in the face of tough regulations. However, significant players are working on better turbos for fuel cell and electric vehicles, which will result in a large potential addressable market throughout the projection period.

To reduce costs, key industry participants are implementing a variety of growth methods, including strengthening procurement through the reinforcement of centralised purchasing and a global supply chain. They also intend to change from the ‘local production for local consumption’ notion to a global production method in order to boost their market position.

Off-highway vehicles, such as agricultural tractors and construction trucks, frequently use turbochargers. According to industry analysts, high horsepower tractors feature integrated turbochargers, whilst low horsepower tractors do not. The overhead valve engine (OHV) is predicted to perform properly over the next 4-5 years as a result of electrification. In the coming years, it is unlikely to have an impact on demand for OHV turbochargers.

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Global Turbocharger Market: Segmentations

By Key Players

  • Continental Ag
  • Borgwarner Inc.
  • Mitsubishi Heavy Industries
  • Ihi Corporation
  • Bmts Technology
  • Cummins Inc.
  • Abb
  • Tel
  • Delphi Technologies (Borgwarner)
  • Rotomaster International
  • Precision Turbo & Engine Inc
  • Turbonetics Inc.
  • Turbo International
  • Kompressorenbau Bannewitz Gmbh
  • Turbo Dynamics Ltd.
  • Cimos
  • Marelli Corporation
  • Weifang Fuyuan Turbocharger Co., Ltd.
  • Hunan Tyen Machinery Co., Ltd.
  • Ningbo Motor Industrial Co., Ltd.

Based on Technology

  • Twin-turbo Technology
  • Two Stage Series Turbocharger
  • Two Stage Parallel Turbocharger
  • Twin Scroll Turbocharger
  • Wastegate Technology
  • Variable Geometry Turbocharger (Vgt/Vnt)
  • Electric Turbocharger
  • Free-Floating Turbocharger
  • Double Axle Turbocharger
  • Sequential Turbo System
  • Quad Turbos
  • Variable Vane Turbos
  • Others

Based on Types

  • Radial Flow Turbocharger
  • Mechanical Flow Turbocharger
  • Axial Flow Turbocharger
  • Exhaust Gas Turbocharger

Based on Component

  • Turbine
  • Housing
  • Compressor

Based on Actuators

  • Hydraulic
  • Pneumatic
  • Electric

Based on Material

  • Cast Iron
  • Aluminium
  • Others

Based on Fuel type

  • Gasoline
  • Diesel
  • Alternate Fuel or CNG

Based on End-User

  • Original Equipment Manufacturer
  • Aftermarket

Based on Application

Ships and Aircrafts

Passenger Vehicles

  • Hatchbacks
  • Sedans
  • Utility Vehicles

Light Commercial Vehicles

  • Buses and coaches
  • Trucks
  • Off-road vehicles
  • Agriculture Tractors and Equipment
  • Construction and Mining Equipment
  • Industrial Vehicles

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Table Of Contents (TOC)

  1. Introduction and Market Overview
  2. Executive Summary
  3. Trends, Outlook, and Factors Analysis
  4. Estimates & Historic Trend Analysis (2018 to 2021)
  5. Estimates & Forecast Trend Analysis, by Deployment
  6. Estimates & Forecast Trend Analysis, by Component
  7. Estimates & Forecast Trend Analysis, by Content Type
  8. Estimates & Forecast Trend Analysis, by End Use
  9. Analysis and Forecast, by Region
  10. North America Turbocharger Market: Estimates & Forecast Trend Analysis
  11. Europe Turbocharger Market: Estimates & Forecast Trend Analysis
  12. Asia Pacific Turbocharger Market: Estimates & Forecast Trend Analysis
  13. Middle East & Africa Turbocharger Market: Estimates & Forecast Trend Analysis
  14. Latin America Turbocharger Market: Estimates & Forecast Trend Analysis
  15. Competitive Landscape
  16. Company Profiles
  17. Assumptions and Research Methodology
  18. Conclusions and Recommendations

Key Points Covered in Automotive Turbochargers Market Survey

  1. Market estimates and forecast 2021-2031
  2. Key drivers and restraints impacting market growth
  3. Segment-wise, Country-wise, and Region-wise Analysis
  4. Competition Mapping and Benchmarking
  5. Brand share and Market Share Analysis
  6. Key Product Innovations and Regulatory Climate
  7. COVID-19 Impact on Automotive Turbochargers Market and how to Navigate
  8. Recommendation on Key Winning Strategies

Frequently Asked Questions

Q1. What is the market share of twin-turbo technology under turbocharger market?

Q2. How can I get report sample of turbocharger market?

Q3. How big is the automotive turbochargers market?

Q4. What is the automotive turbochargers market growth?

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