Automotive Turbocharger Market Competitors and Regional Analysis 2019-2025

Automotive turbocharger market players have been working toward extending their regional reach by constructing new production facilities across various geographies. An instance validating the same is that of BorgWarner having opened its new turbocharger technology production plant in Thailand recently. Through this initiative, BorgWarner aims to provide clean and efficient turbocharging solutions for hybrid vehicles and EVs across the Asian turf. BorgWarner’s plan is also expected to encourage numerous other automakers to expand their already established production facilities in Thailand, that would further help consolidate Asia automotive turbocharger industry.

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Honeywell has been another lucrative player in automotive turbocharger market that has helped strengthen the competitive spectrum of this business space. The company, a couple of years ago, displayed some of its turbocharger technologies for commercial vehicles at the IAA Hannover 2016. Since then, the company has worked consistently to bring forth advanced turbo technologies for on and off-highway powertrains. The firm has also developed a supremely high-efficiency serial two-stage system to ensure optimum performance in heavy-duty long haul trucks that require to be characterized by increased fuel efficiency and lowered CO2 emissions

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.

As per the estimates, PCVs are expected to stand as a dominant vehicle segment in automotive turbocharger market landscape over 2018-2024. Incidentally, this hasn’t been BorgWarner’s first brush with turbocharger technology. In 2017, the company had successfully installed its advanced turbocharging technology into Jaguar Land Rover. The turbocharging system was expected to help Jaguar Land Rover achieve its engine performance target and fuel efficiency from its new SUV models. Of late, numerous light and passenger commercial vehicle manufacturers are also deploying advanced turbocharging technologies for improved fuel efficiency, suitably impelling PCV sales across major geographies.

Variable geometry automotive turbocharger market will grow considerable at around 8% CAGR over the projected timeframe owing to benefits offered compared to the other counterparts. The ability to significantly alter the aspect ratio depending on the engine requirement is further supporting the segment share over the study timeframe. Further, the combination of multiple pressure ratios at defined engine speeds supporting in improved acceleration positively influences the product adoption till 2024.

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Bringing about innovative product developments is expected to remain one of the prime growth strategies of automotive turbocharger market contenders. The principal aim here is to develop highly advanced products, the design of which would contribute toward maximum engine downsizing. Electric turbochargers for instance, one of the latest trends in automotive turbocharger market, has been found to eliminate turbo lag, which leads to an increase in fuel efficiency. That said, there is no dearth of R&D programs in this business space, that would help alter conventional turbocharger designs as required and further contribute toward transforming automotive turbocharger industry trends.

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.

Major Table of Content: –

Chapter 4     Automotive Turbocharger Market, By Vehicle

4.1    Automotive turbocharger market share by vehicle, 2017 & 2024

4.2    PCV

4.2.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

4.2.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

4.3    LCV

4.3.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

4.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

4.4    HCV

4.4.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

4.4.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

Chapter 5     Market, By Technology

5.1    Market share by technology, 2017 & 2024

5.2    VGT/VNT

5.2.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

5.2.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

5.3    Wastegate

5.3.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

5.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

5.4    Twin turbo

5.4.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

5.4.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

Chapter 6     Market, By Fuel

6.1    Market share by fuel, 2017 & 2024

6.2    Gasoline

6.2.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

6.2.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

6.3    Diesel

6.3.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

6.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

Chapter 7     Market, By Distribution Channel

7.1    Market share by distribution channel, 2017 & 2024

7.2    OEM

7.2.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

7.2.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

7.3    Aftermarket

7.3.1   Market estimates and forecast, 2013 – 2024, (Thousand units) (USD Million)

7.3.2   Market estimates and forecast, by region, 2013 – 2024, (Thousand units) (USD Million)

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