Global Automotive Turbochargers Market Growth 2023-2029

Global Automotive Turbochargers Market Growth 2023-2029

Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.

LPI (LP Information)' newest research report, the “Automotive Turbochargers Industry Forecast” looks at past sales and reviews total world Automotive Turbochargers sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Turbochargers sales for 2023 through 2029. With Automotive Turbochargers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Turbochargers industry.

This Insight Report provides a comprehensive analysis of the global Automotive Turbochargers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Turbochargers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Turbochargers market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Turbochargers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Turbochargers.

The global Automotive Turbochargers market size is projected to grow from US$ 18250 million in 2022 to US$ 36910 million in 2029; it is expected to grow at a CAGR of 36910 from 2023 to 2029.

Global Automotive Turbochargers main players are Honeywell, BorgWarner, IHI, MHI, etc. Global top four manufacturers hold a share over 75%. Europe is the largest market, with a share nearly 40%.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Turbochargers market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Mono Turbo
Twin Turbo

Segmentation by application
Sedan
SUV & Pickup
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Honeywell
BorgWarner
IHI
MHI
Cummins
Bosch Mahle
Continental
Hunan Tyen
Weifu Tianli
Weifang Fuyuan

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Turbochargers market?

What factors are driving Automotive Turbochargers market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Turbochargers market opportunities vary by end market size?

How does Automotive Turbochargers break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.