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Market Synopsis:For this study, the global Turbocharger Market is segmented by Technology (VGT/VNT, Wastegate, Electric Turbocharger), Fuel Type (Diesel, Gasoline), Sales Channel (OEM, Aftermarket), Vehicle Type, Material, Application And Region - Global Forecast Till 2023.
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The key players in the global Turbocharger market include:
Cummins Inc (US), Eaton Corporation (Ireland), Honeywell International Inc (US), Bosch Mahle Turbo Systems GmbH (Germany), Precision & Turbo (US), Borgwarner and Inc (US), Rotomaster International (Canada), Mitsubishi Heavy Industries (Japan), Continenetal AG (Germany) & Others.
The Global Turbocharger Market has seen remarkable growth; expected to rise at a CAGR of 7%. One of the major challenges faced by the global automotive industry is complying with emission regulations. Turbochargers can be utilised to make engines compatible with stringent emission standards. The authorities working for reducing C02 emissions are encouraging the shift from naturally aspirated engines to turbocharged engines. In the transportation industry, commercial vehicles such as trucks and trailers that run on diesel engines for heavy duty performances, are key consumers of turbochargers. However, growing demand for electric vehicles could prove to be a major hindrance to the growth of the market over the forecast period.
Market Segments Analysis:
The scope of the study segments the global Automotive Turbocharger market by Technology, Fuel Type, Sales Channel, Vehicle type, Material, Application and Region.
By Technology:
VGT/VNT
Wastegate
Electric Turbocharger
Others
By Fuel Type:
Diesel
Gasoline
By Sales Channel:
OEM
Aftermarket
By Material
Cast Iron
Aluminium
Others
By Vehicle Type:
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
By Application:
Automotive
Marine
Agricultural & Construction
Other
Regional Analysis:
In terms of region, the global market for the Automotive Turbocharger is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America is estimated to hold a significant market share throughout the forecast period owing to growing production of commercial vehicles from US, Canada, and Mexico. However, the Asia-Pacific region is expected to witness the fastest growth during the forecast period due to the growing socio-economic conditions in countries such as China, Japan, India and other countries in the region, growing goods transportation, growing commercial vehicle production and rising focus towards driver & vehicle safety.
Continuous improvement in turbocharger technology will further enhance the Asia-Pacific market size. In Europe, the presence of key manufacturers such as Continental AG, Bosch, and Eaton Corporation are also contributing in the growth of this market.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 RESEARCH OBJECTIVES
2.2.2 ASSUMPTIONS & LIMITATIONS
2.3 MARKETS STRUCTURE
3 MARKET RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS
3.2 SECONDARY RESEARCH
3.3 PRIMARY RESEARCH
3.4 FORECAST MODEL
4 MARKET LANDSCAPE
4.1 FIVE FORCES ANALYSIS
4.1.1 THREAT OF NEW ENTRANTS
4.1.2 BARGAINING POWER OF BUYERS
4.1.3 BARGAINING POWER OF SUPPLIERS
4.1.4 THREAT OF SUBSTITUTES
4.1.5 SEGMENT RIVALRY
4.2 VALUE CHAIN/SUPPLY CHAIN OF GLOBAL TURBOCHARGER MARKET
5 INDUSTRY OVERVIEW OF GLOBAL TURBOCHARGER MARKET
5.1 INTRODUCTION
5.2 GROWTH DRIVERS
5.3 IMPACT ANALYSIS
5.4 MARKET CHALLENGES
Continued...
LIST OF TABLES:
TABLE 1 GLOBAL TURBOCHARGER MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA TURBOCHARGER MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE TURBOCHARGER MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC TURBOCHARGER MARKET: BY COUNTRY, 2017-2023
TABLE 5 MIDDLE EAST & AFRICA TURBOCHARGER MARKET: BY COUNTRY, 2017-2023
TABLE 6 LATIN AMERICA TURBOCHARGER MARKET: BY COUNTRY, 2017-2023
Continued...
LIST OF FIGURES:
FIGURE 1 GLOBAL TURBOCHARGER MARKET SEGMENTATION
FIGURE 2 FORECAST METHODOLOGY
FIGURE 3 FIVE FORCES ANALYSIS OF GLOBAL TURBOCHARGER MARKET
FIGURE 4 VALUE CHAIN OF GLOBAL TURBOCHARGER MARKET
FIGURE 5 SHARE OF GLOBAL TURBOCHARGER MARKET IN 2017, BY COUNTRY (IN %)
FIGURE 6 GLOBAL TURBOCHARGER MARKET, 2017-2023,
Continued...
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