The Business Research Company’s report goes into great detail on the automotive turbochargers market size and growth, automotive turbochargers market regional analysis, automotive turbochargers market competitive landscape, and other critical information needed to excel in the automotive turbochargers industry.

Major players in the automotive turbochargers market include Honeywell, BorgWarner, Mitsubishi Heavy Industries, Ltd., IHI, Continental, Bosch, Mahle, Cummins, Delphi Technologies, Precision Turbo & Engine, INC, Turbonetics, Turbo International, ABB Turbo Systems Ltd., TEL, Rotomaster International, Fuyuan Turbocharger Co., Ltd., and Hunan Tyen Machinery Co., Ltd.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global automotive turbocharger market size is expected to grow from $12.23 billion in 2021 to $13.14 billion in 2022 at a compound annual growth rate (CAGR) of 7.41%. The growth in the market is mainly due to the companies’ resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive turbochargers market size is expected to reach $17.78 billion in 2026 at a CAGR of 7.85%.

Western Europe was the largest region in the automotive turbocharger market in 2021.

The automotive turbocharger market consists of sales of automotive turbochargers by entities (organizations, sole traders, and partnerships) that refer to a turbine-driven, forced induction device that increases an internal combustion engine’s power output, which is done by forcing extra compressed air into the combustion chamber. Automotive turbochargers are used to improve an engine’s efficiency by increasing the density of the intake gas, thereby allowing more power per engine cycle.

The increasing demand for passenger cars is driving the growth of the automotive turbocharger market.

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Companies in the automotive turbocharger market are focusing on the development of electric turbochargers for applications in both light and commercial vehicles, in all fuels such as gasoline, diesel, and natural gas (CNG). Electrically assisted turbochargers can be used not just to drive the turbocharger shaft but also to break the vehicle.

TBRC’s Global Automotive Turbochargers Market Report Is Segmented:
By Vehicle Type: PCV, LCV, HCV

By Technology: VGT/VNT, Wastegate, Twin-Turbo

By Sales Channel: OEM, Aftermarket

By Fuel Type: Gasoline, Diesel

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Automotive Turbochargers Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the automotive turbochargers market globally and regionally, analyzes and forecasts market size, share, automotive turbochargers market players, automotive turbochargers market segments, leading competitor revenues, profiles and market shares.

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