The 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 the naturally aspirated air into the combustion chamber increases. The three basic technologies used by the turbochargers are variable geometry turbochargers (VGT), Wastegate turbochargers and twin turbo. Each of these technologies has their own benefits. Increasing fuel prices has boosted the demand and sale for fuel-efficient vehicles. The increased adoption of innovative technologies such as gasoline direct injection engines and turbochargers helps in enhancing the fuel efficiency of vehicles. OEMs are also opting for fine tuning turbochargers to meet consumers’ demands. The global turbocharger market is segmented on the basis of industry, technology, sales channel , and engine type. Innovation should progress from developing new products to gain an advantage over present products more efficiently with new innovative techniques and processes. There are long-term opportunities which are boosting the market growth of global turbocharger market which includes advanced research and development for implementation turbochargers in gasoline engines and electric turbochargers.
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Turbocharged vehicle sales are currently highest in Europe, at 67% (according to Honeywell International Inc. report) with this Europe becomes the major diesel passenger cars market followed by Asia-Pacific and North America. Various OEMs are introducing diesel turbocharged engines designed under various technologies in Europe. Thus, diesel turbocharged vehicles are driving the future of the Europe turbochargers market in the automotive industry. Growing trend of diesel passenger cars in Asia-Pacific and North America are the opportunities and future driver of global turbocharger market. The OEMs have introduced diesel powertrains and turbocharged diesel engines in the Asia-Pacific market which is driving the future of turbochargers in the region.
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Market Segmentation
Global Turbocharger Market Research and Analysis by Industry
- Automotive
- Aerospace & Defense
- Marine
- Agriculture & Construction
Global Turbocharger Market Research and Analysis by Technology
- Twin-Turbo Technology
- Variable Geometry Technology
- Wastegate Technology
Global Turbocharger Market Research and Analysis by Sales Channel
- OEM
- Aftermarket
Global Turbocharger Market Research and Analysis by Engine Type
- Diesel Engine
- Gasoline Engine
- Hybrid Engines
Competitive Landscape
- Key Strategy Analysis
- Key Company Analysis
Regional Analysis
North America
- United States
- Canada
- Rest of North America
Europe
- United Kingdom
- France
- Germany
- Italy
- Spain
- RoE
Asia-Pacific
- India
- China
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- BorgWarner, Inc.
- Continental AG
- Cummins, Inc.
- Eaton Corporation PLC
- Honeywell International, Inc.
- Hunan Rugidove Turbocharging Systems Co. Ltd.
- Ihi Turbo America
- Kangyue Technology Co., Ltd.
- MAHLE GmbH
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