Turbocharger Market to witness a 10.8% CAGR in 2021
Turbocharger Market research report is a global study offering rich insights on market forecasts, latest market trends, market competition, and opportunity analysis.
(EMAILWIRE.COM, December 18, 2018 )
Stratview Research announces the launch of a new research report on Turbocharger Market. This extensive report from Stratview Research, studies Turbocharger Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Turbocharger Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (On-Highway Vehicles, Off-Highway Vehicles)
• By Charger Type (Turbocharger, Supercharger)
• By Fuel Type (Gasoline, Diesel)
• By Technology (VGT / VNT, Wastegate, Twin Turbo)- VGT / VNT will be the most dominant type.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-Pacific is likely to remain the largest market for turbochargers.
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Turbocharger Market Insights
The global turbocharger market in the transportation industry offers a robust growth opportunity and is likely to witness a double digit growth of 10.8% (CAGR) during the forecast period of 2016 to 2021. Growing vehicle production coupled with the requirement for automakers to meet global environment emission and fuel efficiency regulations are the prime drivers of the turbocharger market. Increasing penetration / installation rates of turbochargers in the gasoline engine powered vehicles is the driving force of the market during the forecast period.
Transportation industry stakeholders are continuously trying hard to address the challenges related to the turbochargers, which are production of cost effective turbochargers without sacrificing its performance and mitigating the noise generated by turbochargers.
The supply chain of this market comprises raw material suppliers, turbocharger component manufacturers, turbocharger manufacturers, distributors, and Automotive OEMs. The key On-highway OEMs are Daimler, General Motors, Toyota, Nissan, and Ford and the key off-highway OEMs are Caterpillar, Hitachi Construction Machinery, Komatsu, Hitachi Construction Machinery, Hyundai Heavy Industries, and Volvo Construction Equipment.
The global turbocharger market in the transportation industry is a highly consolidated market. The key turbocharger manufacturers are Honeywell International, Cummins, Continental AG, BorgWarner, Mitsubishi Heavy Industries, and IHI Corporation. New product development, custom product offering, and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Stratview Research announces the launch of a new research report on Turbocharger Market. This extensive report from Stratview Research, studies Turbocharger Market over the trend period of 2010 to 2015 and forecast period of 2016 to 2021. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
This Turbocharger Market analysis has been segmented in five ways, keeping in mind the interest of all the stakeholders across the value chain.
• By Vehicle Type (On-Highway Vehicles, Off-Highway Vehicles)
• By Charger Type (Turbocharger, Supercharger)
• By Fuel Type (Gasoline, Diesel)
• By Technology (VGT / VNT, Wastegate, Twin Turbo)- VGT / VNT will be the most dominant type.
• By Region (North America, Europe, Asia-Pacific, Rest of the World)- Asia-Pacific is likely to remain the largest market for turbochargers.
Go through the detailed TOC: https://www.stratviewresearch.com/138/turbocharger-market.html
Or
Get a free sample: https://www.stratviewresearch.com/138/turbocharger-market.html
Turbocharger Market Insights
The global turbocharger market in the transportation industry offers a robust growth opportunity and is likely to witness a double digit growth of 10.8% (CAGR) during the forecast period of 2016 to 2021. Growing vehicle production coupled with the requirement for automakers to meet global environment emission and fuel efficiency regulations are the prime drivers of the turbocharger market. Increasing penetration / installation rates of turbochargers in the gasoline engine powered vehicles is the driving force of the market during the forecast period.
Transportation industry stakeholders are continuously trying hard to address the challenges related to the turbochargers, which are production of cost effective turbochargers without sacrificing its performance and mitigating the noise generated by turbochargers.
The supply chain of this market comprises raw material suppliers, turbocharger component manufacturers, turbocharger manufacturers, distributors, and Automotive OEMs. The key On-highway OEMs are Daimler, General Motors, Toyota, Nissan, and Ford and the key off-highway OEMs are Caterpillar, Hitachi Construction Machinery, Komatsu, Hitachi Construction Machinery, Hyundai Heavy Industries, and Volvo Construction Equipment.
The global turbocharger market in the transportation industry is a highly consolidated market. The key turbocharger manufacturers are Honeywell International, Cummins, Continental AG, BorgWarner, Mitsubishi Heavy Industries, and IHI Corporation. New product development, custom product offering, and regional expansion are the key strategies adopted by the key players to gain competitive edge in the market.
About Stratview Research
Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.
Contact Information:
Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
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Stratview Research
Ritesh Gandecha
Tel: +1-313-307-4176
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results