Automotive Turbocharger Market Size, Share and Forecast 2019 2026
Global automotive turbocharger market is expected to grow at a CAGR of 9.58% to reach a market value of USD XXXX million by 2025. The global turbo industry had 35 million turbocharged vehicles in 2015.
(EMAILWIRE.COM, September 06, 2019 ) Market Overview
Turbochargers are turbine-driven forced induction devices that improving engines volumetric efficiency by increasing density of the intake gas allowing more power per engine cycle. The turbocharger is used in vehicles such as passenger car, commercial vehicle and high duty vehicle.
A turbo fitted to a small engine is equaled to the power of a large engine combined with fuel efficiency and improved emissions of a small engine it delivers up to 20% better fuel economy in vehicles with gasoline engines and up to 40% fuel savings on diesel engines.
International Council on combustion engines (IMO) III regulation 2016 to reduce the specific Nitrogen Oxides (NOx) emissions (about -80% compared to the IMO I values) needs to be achieved in the ECAs (Emission Control Areas). Sulphur-oxides (Sox) and particulate matter (PM) emissions are to be controlled by limiting the sulfur content of the fuel used in the turbocharger system.
Market Dynamics
Fuel-efficiency regulations are driving the use of turbochargers in vehicles and boosting revenue for the Turbocharger manufacturing industry. This is driving the global automotive turbocharger market.
In larger turbocharger, reaching the boost threshold can provide an almost instantaneous surge in power, which could compromise tire traction or cause some instability of the car. This may downstream from the global automotive turbocharger market.
The turbochargers get very hot and often tap into the engines oil supply. This calls for additional plumbing and is more demanding on the engine oil. Superchargers typically do not require engine oil lubrication. This is a significant restraint for the global automotive turbocharger market.
Market Segmentation
By turbocharger type
Exhaust-gas turbochargers enhance performance, increase speed and power as well as engine performance at the same time reducing fuel consumption and exhaust emissions.
The radial flow turbochargers are the most popular type for automotive applications, the gas inflow is centripetal and is directed from the outside in a radial direction. It can increase the power of an automobile up to 1,000 horsepower.
By Geography
Turbocharger sales in the United States got a boost when the federal governments corporate average fuel economy targets were raised to 35.5 mpg by 2016.
Europe is the leading region regarding turbocharger adoption across light and commercial vehicles, exceeding 70% penetration by 2015.
Key market segments covered
By Turbocharger Type
Exhaust gas turbocharger
Axial flow turbocharger
Radial flow turbocharger
By Technology Type
Variable geometry turbocharger
Wastegate
Twin turbocharger
Others
By Engine Type
Diesel engine
Gasoline engine
By Vehicle Type
Passenger car
Commercial vehicle
Heavy duty vehicle
By Sales Channel
OEM
Aftermarket
Competitive Trends
The major players for the global automotive turbocharger market are BorgWarner and Cummins, which collectively account for 77.3% of revenue 2017.
To improve the performance and efficiency of heavy-duty commercial wastegate turbochargers by using advanced computer modeling and real-world lab testing. This new approach has resulted in improvement in turbocharger efficiency by up to 6% and fuel efficiency of 1.5%.
Geographical Analysis
Asia Pacific
Europe
North America
South America
Rest of the World
View full sample report: https://www.datamintelligence.com/research-report/automotive-turbocharger-market
Download free sample: https://www.datamintelligence.com/download-sample/automotive-turbocharger-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Turbochargers are turbine-driven forced induction devices that improving engines volumetric efficiency by increasing density of the intake gas allowing more power per engine cycle. The turbocharger is used in vehicles such as passenger car, commercial vehicle and high duty vehicle.
A turbo fitted to a small engine is equaled to the power of a large engine combined with fuel efficiency and improved emissions of a small engine it delivers up to 20% better fuel economy in vehicles with gasoline engines and up to 40% fuel savings on diesel engines.
International Council on combustion engines (IMO) III regulation 2016 to reduce the specific Nitrogen Oxides (NOx) emissions (about -80% compared to the IMO I values) needs to be achieved in the ECAs (Emission Control Areas). Sulphur-oxides (Sox) and particulate matter (PM) emissions are to be controlled by limiting the sulfur content of the fuel used in the turbocharger system.
Market Dynamics
Fuel-efficiency regulations are driving the use of turbochargers in vehicles and boosting revenue for the Turbocharger manufacturing industry. This is driving the global automotive turbocharger market.
In larger turbocharger, reaching the boost threshold can provide an almost instantaneous surge in power, which could compromise tire traction or cause some instability of the car. This may downstream from the global automotive turbocharger market.
The turbochargers get very hot and often tap into the engines oil supply. This calls for additional plumbing and is more demanding on the engine oil. Superchargers typically do not require engine oil lubrication. This is a significant restraint for the global automotive turbocharger market.
Market Segmentation
By turbocharger type
Exhaust-gas turbochargers enhance performance, increase speed and power as well as engine performance at the same time reducing fuel consumption and exhaust emissions.
The radial flow turbochargers are the most popular type for automotive applications, the gas inflow is centripetal and is directed from the outside in a radial direction. It can increase the power of an automobile up to 1,000 horsepower.
By Geography
Turbocharger sales in the United States got a boost when the federal governments corporate average fuel economy targets were raised to 35.5 mpg by 2016.
Europe is the leading region regarding turbocharger adoption across light and commercial vehicles, exceeding 70% penetration by 2015.
Key market segments covered
By Turbocharger Type
Exhaust gas turbocharger
Axial flow turbocharger
Radial flow turbocharger
By Technology Type
Variable geometry turbocharger
Wastegate
Twin turbocharger
Others
By Engine Type
Diesel engine
Gasoline engine
By Vehicle Type
Passenger car
Commercial vehicle
Heavy duty vehicle
By Sales Channel
OEM
Aftermarket
Competitive Trends
The major players for the global automotive turbocharger market are BorgWarner and Cummins, which collectively account for 77.3% of revenue 2017.
To improve the performance and efficiency of heavy-duty commercial wastegate turbochargers by using advanced computer modeling and real-world lab testing. This new approach has resulted in improvement in turbocharger efficiency by up to 6% and fuel efficiency of 1.5%.
Geographical Analysis
Asia Pacific
Europe
North America
South America
Rest of the World
View full sample report: https://www.datamintelligence.com/research-report/automotive-turbocharger-market
Download free sample: https://www.datamintelligence.com/download-sample/automotive-turbocharger-market
About Us
DataM Intelligence was incorporated in the early weeks of 2017 as a Market Research and Consulting firm with just two people on board. Within a span of less than a year we have secured more than 100 unique customers from established organizations all over the world.
For more information:
Sai Kiran
Sales Manager at Data M Intelligence
Email: info@datamintelligence.com
Tel: +1 877 441 4866
Website: www.datamintelligence.com
Contact Information:
DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
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DataM Intelligence
Sai Kiran
Tel: +1 877 441 4866
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results