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Global Turbocharger Market (2015-2023) – Grow Pricing, Features, Reviews & Comparison of Alternatives.

Monday, March 6, 2017 22:09
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Latest industry research report on Turbocharger is an integral part of internal combustion (IC) engine, which improves the performance of engine by increasing the amount of air intake in the combustion chamber with the help of ejected burnt air. An IC engine requires extra air for combustion of additional fuel for large power generation that decreases its efficiency, thus, turbocharger plays a significant role in enhancing the efficiency by supplying compressed air. World turbocharger market is expected to exhibit a notable growth in the coming years as these chargers ensure optimum engine performance and enhanced fuel efficiency. Turbocharger particularly works best on high engine speed and does not require any power source to operate.

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It is driven by flow of burnt gases discharged by the engine. Presently, this technology is majorly used in automotive and aerospace industry. For example, manufacturers employ turbochargers in the engine of fast racing cars to generate high amount of power even under harsh and high temperature conditions.

With the rising demand of vehicles, numerous players are trying to employ an ecofriendly and energy efficient solution in vehicle’s engine to reduce the fuel consumption and atmospheric pollution. Turbocharger reduces the power loss and decreases the emission of various gases from vehicles that cause air pollution. Moreover, turbochargers are compact in size, thereby, reducing the overall size of engine and vehicle.

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The growing application of IC engines in motor vehicles and ongoing researches on implementation of turbochargers in other sectors is expected to create huge opportunities for turbocharger manufacturers.

The world turbocharger market is segmented on the basis of technology, fuel type, end user, application, industry vertical and geography.

MARKET BY TECHNOLOGY

  • Twinturbo technology
  • Wastegate technology
  • Variable geometry technology

MARKET BY FUEL TYPE

  • Diesel
  • Gasoline

MARKET BY END USER

  • OEM
  • Aftermarket

MARKET BY APPLICATION

  • Light commercial vehicles
  • Heavy commercial vehicles
  • Ships & aircraft
  • Heavy duty vehicles
  • Locomotive

MARKET BY INDUSTRY VERTICALS

  • Aerospace & defense
  • Automotive
  • Marine
  • Agriculture & construction

MARKET BY GEOGRAPHY

  • North America
    • U.S.
    • Mexico
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Spain
    • Rest of the Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

Key Players

  • Honeywell International Inc.
  • Bosch Mahle Turbo System GmbH & Co. KG
  • Mitsubishi Heavy Industries Ltd.
  • IHI Corporation
  • BorgWarner Inc.
  • Eaton Corporation PLC
  • Rotomaster International
  • Cummins Inc.
  • Precision Turbo & Engine
  • Continental AG

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