Turbocharger Market Size, Share, Impressive Industry Growth, Analysis Report 2028

 

The global turbocharger market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period (2022-2028). One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For instance, In November 2020, Cummins launched a new compressor stage to the Series 800 Holset turbocharger. The Series 800 Turbocharger takes a jump forward and has been revitalized to bring note worthy improvements in performance, temperature capability, flow range, and seal robustness.

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Furthermore, in August 2020, Cummins Turbo Technologies (CTT), another manufacturer of commercial turbochargers, developed the 7th generation of 400 series Variable Geometry Turbocharger (VGT) to help engine producers meet forthcoming emission standards and offer efficient fuel economy. Additionally, in October 2019, Garrett Motion Inc. developed E-Turbo for mass-market passenger vehicles with an addition of a small electric motor on the shaft between two wheels to enhance the turbo immediately off idle. This eliminated lags between the times a driver executes the accelerator and felt acceleration. Electrification removed design constraints, prioritizing turbine effectiveness at low engine speeds to drive the compressor. This has increased better options available for end-users and increased the demand for various turbochargers.

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Market Coverage

•             The market number available for – 2021-2028

•             Base year- 2021

•             Forecast period- 2022-2028

•             Segment Covered-

o             By Industry

o             By Technology

o             By Sales channel

o             By Engine Type

•             Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

•             Competitive Landscape- including BorgWarner, Inc., Continental AG, Cummins, Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., Honeywell International, Inc., and others.

Key questions addressed by the report

•             What is the market growth rate?

•             Which segment and region dominate the market in the base year?

•             Which segment and region will project the fastest growth in the market?

•             How COVID-19 impacted the market?

o             Deviation from the pre-COVID-19 forecast

o             Most affected region and segment

•             Who is the leader in the market?

•             How players are addressing challenges to sustain growth?

•             Where is the investment opportunity?

Global Turbocharger Market Report Segment

By Industry

•             Automotive

•             Aerospace & Defense

•             Marine

•             Agriculture & Construction

By Technology

•             Twin-Turbo Technology

•             Variable Geometry Technology

•             Waste gate Technology

By Sales Channel

•             OEM

•             Aftermarket

By Engine Type

•             Diesel Engine

•             Gasoline Engine

•             Hybrid Engines

Turbocharger Market– Segment by Region

North America          

·         United States

·         Canada

Europe

·         Germany

·         United Kingdom

·         France

·         Spain

·         Italy

·         Rest of Europe

Asia-Pacific   

·         China

·         Japan

·         India

·         Rest of Asia-Pacific

Rest of the World

·         Middle East & Africa

·         Latin America

Company Profiles

·         Eaton Corporation PLC

·         Hunan Rugidove Turbocharging Systems Co. Ltd.

·         Ihi Turbo America

·         Kangyue Technology Co., Ltd.

·         MAHLE GmbH

·         Magnum Performance Turbos, Inc.

·         MAN Energy Solutions

·         Napier Turbochargers Ltd.

·         Okiya Group Co., Ltd.

·         Precision Turbo & Engine Rebuilders, Inc.

·         Rotomaster International

·         Fengcheng Pacific Shenlong Turbocharger Co., Ltd.

·         Turbo Energy Private Ltd (Tel)

Reasons to Buying From us –

1.       We cover more than 15 major industries, further segmented into more than 90 sectors.

2.       More than 120 countries are for analysis.

3.       Over 100+ paid data sources mined for investigation.

4.       Our expert research analysts answer all your questions before and after purchasing your report.

 

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

 

Media Contact:

Contact Person: Mr. Anurag Tiwari

Email: anurag@omrglobal.com

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