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Global Turbocharger Market

A turbocharger is a turbine driven force induction device that increases an engine’s efficiency and power by forcing extra air into the combustion chamber utilizing the heat energy of exhaust gases. This increased amount of air over naturally aspirated air into the combustion chamber increases proportionately more fuel than atmospheric pressure alone can do into each cylinder of the engine there by boosting up its performance. The three basic technologies used by the turbochargers are: variable geometry turbochargers (VGT), Wastegate turbochargers and twin turbo. Each of these technologies have their own benefits, VGT is widely used in the passenger cars whereas Wastegate turbo is widely used in commercial vehicles. The twin turbochargers have not gained popularity however their use is increasing and it is anticipated to gain manufacturers preference globally. A turbocharged engine offers many advantages such as increased power output, increased power to weight ratio, vehicle efficiency and also helps in engine downsizing.

Turbochargers have gained popularity globally in last few years; Europe will remain the largest turbocharger market for next five years, the region contributes to half of the turbocharger market share owing to the diesel passenger cars gaining consumer preference making Europe largest diesel passenger cars market followed by Asia-Pacific and North America slowly emerging in the use of diesel as automobile fuel. Stringent carbon emission norms, fuel economy standards, EU-27 carbon emission targets, engine downsizing trend and increasing passenger vehicle market globally are some of the drivers of the global automotive turbocharger market. Growing trend of diesel passenger cars in Asia-Pacific and North America and turbo charging of large engine are the opportunities and future driver of global turbocharger market.

The report global automotive turbocharger market is segmented on the basis of geography (Asia-Pacific, Europe and North America), by vehicles type, by fuel type, by technology and by application. The study shows that the global automotive turbochargers market will grow at a CAGR of 13.6% during the period of 2013 to 2018 generating revenue of $17.65 billion by 2018. Further the report global automotive turbochargers market gives a technological overview of new technologies being used to develop the turbochargers. The report includes the company profile of key market players in the field of global automotive turbochargers market. It covers qualitative data providing a comprehensive review of major market drivers, restraints and opportunities, winning imperatives and key burning issues in automotive global automotive turbochargers market.

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Asia-Pacific Turbocharger Asia-Pacific Turbocharger
Turbocharged gasoline engines have gained consumer preference in the region long back, at instance the growing gasoline prices has made diesel as auto fuel popular in the region. The OEMs have introduced diesel power trains and turbocharged diesel engines in the Asia-Oceania market which is driving the future of turbochargers in the region. The Asia-Oceania turbochargers market is estimated to grow at a CAGR of 11.6% during 2013 to 2018 reaching a value of $5.53 billion by the year 2018.
May 2015
Europe Turbocharger Europe Turbocharger
Europe is the largest turbocharger market in the world, stringent vehicle emission norms and fuel efficiency norms has triggered the competition in the market. Low sulphur diesel is the readily available cheaper fuel in the region various OEMs are introducing diesel turbocharged engines designed under various technologies. Thus Diesel turbocharged vehicles are driving the future of the Europe automotive turbochargers market. The study shows that the market will grow at a CAGR of 8.6% during 2013 to 2018 reaching a value of $6.56 billion by 2018
Apr 2015
North America Turbocharger North America Turbocharger
Owing to the stringent fuel efficiency, vehicle emission norms, and downsizing of the engine trend has increased the demand of turbochargers in North America. However the growth is steady owing to the gasoline the most preferred fuel which demands for gasoline turbocharged engine. From the study it is anticipated that the market will grow at faster rate in the near future. The Europe automotive turbocharger market is estimated to grow at a CAGR of 11% during 2013 to 2018 reaching a value of $2.46 billion by 2018.
May 2015
Latin America Turbocharger Latin America Turbocharger
The Latin America automotive turbocharger market is estimated to grow at a CAGR of 10.1% during 2013 to 2018 reaching a value of $3.48 billion by 2018.
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