Automotive Turbocharger Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[185+ Pages Report] According to the report published by Facts and Factors, the global Automotive Turbocharger market size was worth at around USD 12.13 billion in 2022 and is expected to grow around USD 24.13 billion by 2030 with a compound annual growth rate (CAGR) of roughly 10.33% between 2023 and 2030. The report analyses the global Automotive Turbocharger market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report analyses emerging opportunities in the Automotive Turbocharger market.

The data published in the global automotive turbocharger market report illustrates all-encompassing information related to the market comprising analysis and forecast. The analysts provide the market's historical data from 2015 to 2018, current position, and forecasted growth trend of the global market during 2023–2030. The predictive market evaluation for the forecasted period in terms of value is USD Billion and volume is Tons. The analysts employed multiple market research tools and statistical techniques such as PESTEL analysis, Porter's Five Forces, and SWOT analysis for the effectual analysis of the market on a global and regional basis.

The analysts used both primary and secondary resources to collate the information and evaluate the current and forecasted size of the global automotive turbocharger market. The report provides descriptive information regarding the key drivers & restraints that are affecting the market growth along with its demand & supply chain, geographical segmentation, and key market players.

Effective data models designed by analysts are exploited to generate accurate figures related to market size and growth. Comprehensive information about the global automotive turbocharger market share of each dominating player is also published in the report. Besides this, the report portrays the market analytical data in a graphical and pictorial format to make it intelligible.

Currently, turbochargers have significant importance in the automotive sector. These accessories boost the power and efficiency of the engine. Turbochargers pump more volume of air in the combustion chamber for easy and efficient combustion of inlet fuel.

Report Scope

The key factor strongly propelling the global automotive turbochargers market is the mounting demand and adoption for vehicles with high fuel efficiency and with more compact engines. Furthermore, the demand for energy is escalating at a phenomenal level owing to the rising global population and rapid industrialization, which in turn is likely to bolster the global automotive turbochargers market.

Apart from this, the growing demand for fuel-efficient vehicles majorly due to the state-imposed stringent regulations towards CO2 emission is likely to prosper the global automotive turbocharger market.

The global automotive turbochargers market is segmented based on its technology, fuel type, vehicle type, components, material, application, and region. By technology, the market is bifurcated into electric, double axle, twin-turbo, wastegate, VNT/VGT, and free-floating. By fuel type, the market is categorized into gasoline, diesel, and CNG/alternate fuels.

By vehicle type, the market is divided into light commercial vehicles, bus, truck, and passenger cars. By components, the market is classified into compressor, turbine, and housing. By material, the market is segmented into aluminum, cast iron, and other. By application, the market is bifurcated into construction equipment and agricultural tractors.

Furthermore, based on the region, the global market is categorized into North America, Europe, Asia Pacific, The Middle East & Africa, and Latin America.

Top Market Players

The key players involved in the global automotive turbocharger market are :

• Precision Turbo & Engine Inc.
• ABB
• Turbo Dynamic Ltd.
• IHI Corporation
• Calsonic Kansei
• BorgWarner
• Bosch Mahle
• Delphi Technologies
• Turbo International
• Hunan Tyen Machinery Co. Ltd.
• Rotomaster International
• Kompressorenabu Bannewitz GMBH
• MHI
• Ningbo Motor Industrial Co. Ltd.
• Cummins
• Turbonetics
• Honeywell
• Fuyuan Turbocharger Co. Ltd.
• Continental
• TEL

The global automotive turbocharger market is segmented as:

By Technology

• Electric
• Double Axle
• Twin-turbo
• Wastegate
• VNT/VGT
• Free-floating

By Fuel Type

• Gasoline
• Diesel
• CNG/Alternate fuels

By Vehicle Type

• Light commercial vehicles
• Bus
• Truck
• Passenger cars

By Components

• Compressor
• Turbine
• Housing

By Material

• Aluminum
• Cast iron
• Other

By Application

• Construction equipment
• Agricultural tractors

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America