Press release
Automotive Turbo Charger Market Growth Analysis 2022-2030 | CAGR 10.7%
Automotive Turbo Charger Market Overview:
Global Automotive Turbo Charger Market 2022-2030, report discovers comprehensive insights on key manufacturers with share information, market size and projection, key dynamics, growth factors, and new company profiles. The report provides detailed information about the market overview, prevalent trends, demand, and recent developments impacting the market growth in the coming years. Automotive Turbo Charger Market opportunities analysis, strategic growth analysis, product launches, marketplace expanding, and technological innovations are also highlighted. The report uncovers Automotive Turbo Charger market size, potential growth, trends and expansion strategies followed by top prominent players.
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A turbocharger is a device that improves the overall economy and performance of an automobile engine. This is one of the reasons many automakers choose turbochargers for their cars. Radial flow turbine turbochargers are the most frequently used turbochargers in automobiles. The turbine, on the other hand, used the compressed exhaust energy to power a compressor that increased intake air pressure. There is a common misconception about turbocharged cars and fuel economy, but turbochargers increase engine fuel economy. However, manufacturers use turbocharging to scale down engines and then turbocharge them to improve fuel economy. Additionally, industry participants are focusing their efforts on developing groundbreaking new technologies that will aid in the growth of global automotive turbocharger market revenues.
Some of the key players profiled in the study are
Fengcheng Xindongli Turbocharger Co. Ltd (China), Precision Turbo and Engine (US), Bullseye Power LLC (US), Bosch Mahle (Germany), Cummins Inc. (the US), Continental AG (Germany), IHI Corporation (Japan), Mitsubishi Heavy Industries Ltd (Japan), BorgWarner Inc. (US), Honeywell International Inc. (US), and Others.
Automotive Turbo Charger Market Segmentation:
By Type:
• Mono Turbo Charger
• Twin Turbo Charger
• Other
By Material:
• Cast Iron Automotive Turbochargers
• Aluminum Automotive Turbochargers
• Others
By Applications:
• Passenger Cars
• Commercial Vehicles
• Other
Latest Industry Developments:
• In November 2020, Continental AG has expanded its line of turbochargers for new car models made by MINI, BMW and Volkswagen Group. The company's products are aimed at handling additional high-volume models and creating unique products for use in the workshop and aftermarket.
• In June 2021, BorgWarner announced a partnership with the Alpine F1 Team, in addition to their longstanding collaboration on propulsion technology. The collaboration aims to combine expertise and identify technologies to improve Alpine Cars' power plant.
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecasts (2022-2030) of the following regions are covered:
• North America (U.S., Canada)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
• South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
• Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The Asia Pacific region is expected to be the largest market for automotive turbochargers. This expansion can be attributed to improvements in the socio-economic aspects of developing markets such as China, Japan, India and Thailand. Increasing vehicle production and increasingly stringent pollution regulations in India and China will propel the automotive turbocharger industry in the region. China has also dominated the overall demand for turbochargers across the region due to its tremendous production rate in the automotive sector. China was also one of the first economies to recover from COVID-19 and resume production. Consequently, the demand for turbochargers is expected to increase during the forecast period. Apart from that, turbocharger growth in the region is also impacted by stringent government regulations and pollution standards.
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Table of Content of Automotive Turbo Charger Market:
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Covid-19 Impact On Automotive Turbo Charger Market
5. Automotive Turbo Charger Market Overview, By Segmentation, 2017 - 2030 (USD Million)
6. Automotive Turbo Charger Market Overview, By Geography, 2017 - 2030 (USD Million)
7. North America Automotive Turbo Charger Market Overview, By Countries, 2017 - 2030 (USD Million)
8. Europe Automotive Turbo Charger Market Overview, By Countries, 2017 - 2030 (USD Million)
9. Asia Pacific Automotive Turbo Charger Market Overview, By Countries, 2017 - 2030 (USD Million)
10. Middle East & Africa Automotive Turbo Charger Market Overview, By Countries, 2017 - 2030 (USD Million)
11. South America Automotive Turbo Charger Market Overview, By Countries, 2017 - 2030 (USD Million)
12. Competitive Landscape
13. Key Vendor Analysis
14. Automotive Turbo Charger Market Cost Analysis
15. Industrial Chain, Sourcing Strategy and Downstream Buyers
16. Marketing Strategy Analysis, Distributors/Traders
17. Market Effect Factors Analysis
18. Future Outlook of the Market
Read Detailed Index of full Research Study at@
https://www.contrivedatuminsights.com/product-report/automotive-turbo-charger-market-insights-2020-global-and-chinese-analysis-and-forecast-to-2027-9940
Why You Should Buy This Report on the Global Automotive Turbo Charger Market:
1. The forecast for the established and growing markets for global Automotive Turbo Charger
2. Use Porter's Five Forces analysis to analyze various market perspectives.
3. The market segment that is anticipated to dominate the Automotive Turbo Charger industry worldwide.
4. Geographical areas that are anticipated to experience the quickest growth over the projection period.
5. Identify the most recent innovations, market shares for global Automotive Turbo Charger and marketing techniques used by the leading industry competitors.
Contact Us:
Anna B. | Head Of Sales
Contrive Datum Insights
Phone: +91 9834816757 | +1 2152974078
Email: anna@contrivedatuminsights.com
About Us:
Contrive Datum Insights (CDI) is a global delivery partner of market intelligence and consulting services to officials at various sectors such as investment, information technology, telecommunication, consumer technology, and manufacturing markets. CDI assists investment communities, business executives, and IT professionals to undertake statistics-based accurate decisions on technology purchases and advance strong growth tactics to sustain market competitiveness. Comprising of a team size of more than 100 analysts and cumulative market experience of more than 200 years, Contrive Datum Insights guarantees the delivery of industry knowledge combined with global and country-level expertise.
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