Turbocharger Market – 2019 Trends, Size, Share, Growth Insight, Competitive Analysis, Applications, Regional, And Global Industry Forecast To 2023

Turbocharger Market to rise at 7% CAGR and reach remarkable market value during 2019 and 2023 due to the stringent vehicle emission norms from the developing regions, according to Global Turbocharger Market 2019 Industry Report published by "Market Research Future".

Pune, India - March 22, 2019 /MarketersMedia/ —

Market Synopsis:

For this study, the global Turbocharger Market is segmented by Technology (VGT/VNT, Wastegate, Electric Turbocharger), Fuel Type (Diesel, Gasoline), Sales Channel (OEM, Aftermarket), Vehicle Type, Material, Application And Region - Global Forecast Till 2023.

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The key players in the global Turbocharger market include:

Cummins Inc (US), Eaton Corporation (Ireland), Honeywell International Inc (US), Bosch Mahle Turbo Systems GmbH (Germany), Precision & Turbo (US), Borgwarner and Inc (US), Rotomaster International (Canada), Mitsubishi Heavy Industries (Japan), Continenetal AG (Germany) & Others.

The Global Turbocharger Market has seen remarkable growth; expected to rise at a CAGR of 7%. One of the major challenges faced by the global automotive industry is complying with emission regulations. Turbochargers can be utilised to make engines compatible with stringent emission standards. The authorities working for reducing C02 emissions are encouraging the shift from naturally aspirated engines to turbocharged engines. In the transportation industry, commercial vehicles such as trucks and trailers that run on diesel engines for heavy duty performances, are key consumers of turbochargers. However, growing demand for electric vehicles could prove to be a major hindrance to the growth of the market over the forecast period.

Market Segments Analysis:

The scope of the study segments the global Automotive Turbocharger market by Technology, Fuel Type, Sales Channel, Vehicle type, Material, Application and Region.

By Technology:

VGT/VNT

Wastegate

Electric Turbocharger

Others

By Fuel Type:

Diesel

Gasoline

By Sales Channel:

OEM

Aftermarket

By Material

Cast Iron

Aluminium

Others

By Vehicle Type:

Passenger Vehicle

Light Commercial Vehicle

Heavy Commercial Vehicle

By Application:

Automotive

Marine

Agricultural & Construction

Other

Regional Analysis:

In terms of region, the global market for the Automotive Turbocharger is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to hold a significant market share throughout the forecast period owing to growing production of commercial vehicles from US, Canada, and Mexico. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period due to the growing socio-economic conditions in countries such as China, Japan, India and other countries in the region, growing goods transportation, growing commercial vehicle production and rising focus towards driver & vehicle safety.

Continuous improvement in turbocharger technology will further enhance the Asia-Pacific market size. In Europe, the presence of key manufacturers such as Continental AG, Bosch, and Eaton Corporation are also contributing in the growth of this market.

TABLE OF CONTENTS:

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 RESEARCH OBJECTIVES

2.2.2 ASSUMPTIONS & LIMITATIONS

2.3 MARKETS STRUCTURE

3 MARKET RESEARCH METHODOLOGY

3.1 RESEARCH PROCESS

3.2 SECONDARY RESEARCH

3.3 PRIMARY RESEARCH

3.4 FORECAST MODEL

4 MARKET LANDSCAPE

4.1 FIVE FORCES ANALYSIS

4.1.1 THREAT OF NEW ENTRANTS

4.1.2 BARGAINING POWER OF BUYERS

4.1.3 BARGAINING POWER OF SUPPLIERS

4.1.4 THREAT OF SUBSTITUTES

4.1.5 SEGMENT RIVALRY

4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL TURBOCHARGER MARKET

5 INDUSTRY OVERVIEW OF GLOBAL TURBOCHARGER MARKET

5.1 INTRODUCTION

5.2 GROWTH DRIVERS

5.3 IMPACT ANALYSIS

5.4 MARKET CHALLENGES

Continued...

LIST OF TABLES:

TABLE 1 GLOBAL 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 MIDDLE EAST & AFRICA TURBOCHARGER MARKET: BY COUNTRY, 2017-2023

TABLE 6 LATIN AMERICA TURBOCHARGER MARKET: BY COUNTRY, 2017-2023

Continued...

LIST OF FIGURES:

FIGURE 1 GLOBAL TURBOCHARGER MARKET SEGMENTATION

FIGURE 2 FORECAST METHODOLOGY

FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL TURBOCHARGER MARKET

FIGURE 4 VALUE CHAIN OF GLOBAL TURBOCHARGER MARKET

FIGURE 5 SHARE OF GLOBAL TURBOCHARGER MARKET IN 2017, BY COUNTRY (IN %)

FIGURE 6 GLOBAL TURBOCHARGER MARKET, 2017-2023,

Continued...

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At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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