Global Turbocharger Market valued approximately USD 16.80 billion in 2018 is anticipated to grow with a healthy growth rate of more than 9.50% over the forecast period 2019-2026. The Turbocharger Market is continuously growing in the global scenario at significant pace. Turbocharger is a centrifugal blower that supplies high pressured air to enhance the internal combustion (IC) engines power. The turbine pushes the piston of the engine by high compressed air, which increases the torque and efficiency of the engine. The dynamic design of turbocharger works best on high-speed conditions without any external power source as it reutilizes the waste energy. Increase in vehicle production and growth in demand for fuel efficient & cost effective engines are the substantial driving factors of the market during the forecast period.
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Companies Covered in this Report
Honeywell International Inc.
Bosch Mahle Turbo Systems GmbH
Precision & Turbo
BorgWarner and Inc.
Mitsubishi Heavy Industries
Additionally, downsizing of engine in order to reduce vehicle weight is further fueling the growth of the market. Moreover, emergence of electrical turbocharger is one of the major factors that likely to create numerous opportunity in the near future. In addition, turbocharger offers several benefits such as high torque, less emission rate, and engine downsizing and so on. With these benefits demand of turbocharger in increasing among various industries all over the world. However, high expenses associated with maintenance and rising demand for electric vehicles are the factors that limiting the growth of the market during the forecast period.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
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The detailed segments and sub-segment of the market are explained below:
Twin Turbo Technology
Variable Geometry Technology
By Fuel Type:
Light Commercial Vehicles
Heavy Commercial Vehicles
Ships & Aircraft
Heavy Duty Vehicles
Aerospace & Defense
Agriculture & Construction
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Table of Contents
Chapter 1. Executive Summary
Chapter 2. Turbocharger Market Definition and Scope
Chapter 3. Turbocharger Market Dynamics
Chapter 4. Turbocharger Market Industry Analysis
Chapter 5. Turbocharger Market, by Technology
Chapter 6. Turbocharger Market, by Fuel Type
Chapter 7. Turbocharger Market, by End-User
Chapter 8. Turbocharger Market, by Application
Chapter 9. Turbocharger Market, by Industry
Chapter 10. Turbocharger Market, by Regional Analysis
Chapter 11. Competitive Intelligence
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