Turbocharger Market 2022-2028

Description

List of Tables

Title: Global Turbocharger Market Size, Share & Trends Analysis Report by Industry (Automotive, Aerospace & Defense, Marine, and Agriculture & Construction), by Technology (Twin-Turbo Technology, Variable Geometry Technology, and Wastegate Technology), by Sales Channel (OEM, and Aftermarket) and by Engine Type (Diesel Engine, Gasoline Engine, and Hybrid Engines) Forecast Period (2022-2028).

The global turbocharger market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. One of the major factors that are fueling the market is the growing global warming. Growing pollution has increased global warming which has increased the concern, and awareness to reduce the pollution. This has pushed most nations across the globe to create transportation norms to reduce vehicle pollution. Various emission norms such as China-VI, Euro-6, and PROCONVE P-8have propelled the market for gasoline engines. This has accelerated the development of passenger car turbochargers production. This is to reduce the use of diesel engines which causes a lot more emission as compared to gasoline engines.

The global turbocharger market is segmented based on the industry, technology, sales channel, and engine type. Based on the industry, the market is segmented into automotive, aerospace & defense, marine, and agriculture & construction. Based on the technology, the market is segmented into twin-turbo technology, variable geometry technology, and wastegate technology. Based on the sales channel, the market is segmented into OEM and aftermarket. Based on the engine type, the market is sub-segmented into diesel engines, gasoline engines, and hybrid engines. The above-mentioned segments can be customized as per the requirements. Based on the sales channel, OEM is anticipated to dominate the market during the forecast period.

Geographically market is segmented into North America, Europe, Asia Pacific, and the Rest of the World. Europe is projected to hold a prominent share during the forecast period owing to the existing large vehicle market with high competitiveness in the European automotive turbocharger market, as some market players have a niche and better technologies. The European market was dominated by key turbocharger manufacturers such as Honeywell, BorgWarner, and Continental AG.

The major companies serving the global turbocharger market include BorgWarner, Inc., Continental AG, Cummins, Inc., Mitsubishi Heavy Industries Engine & Turbocharger, Ltd., Honeywell International, Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in September 2020, BorgWarner announced the supply of one of its state-of-the-art variable turbine geometry (VTG) turbochargers to a global OEM for several vehicle models. The VTG turbocharger provides benefits for modern combustion and hybrid engines such as improved reduced emissions, power output, and higher temperature capabilities.

Research Methodology

The market study of the global turbocharger market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market into various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables our analyst to derive the closest possible figures without any major deviations in the actual number. Our analysts try to contact as many executives, managers, key opinion leaders, and industry experts. Primary research brings authenticity to our reports.

Secondary Sources Include:

Financial reports of companies involved in the market.
Whitepapers, research papers, and news blogs.
Company websites and their product catalog.

The report provides an in-depth analysis of market size, intended quality of the service preferred by consumers. The report will serve as a source for a 360-degree analysis of the market thoroughly integrating different models.

Market Segmentation

1. Global Turbocharger Market Research and Analysis by Industry

2. Global Turbocharger Market Research and Analysis by Technology

3. Global Turbocharger Market Research and Analysis by Sales Channel

4. Global Turbocharger Market Research and Analysis by Engine Type

The Report Covers:

Comprehensive Research Methodology of the global turbocharger market.
This report also includes a detailed and extensive market overview with key analyst insights.
An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
Analysis of regional regulations and other government policies impacting the global turbocharger market.
Insights about market determinants that are stimulating the global turbocharger market.
Detailed and extensive market segments with the regional distribution of forecasted revenues.
Extensive profiles and recent developments of market players.

Product Code: OMR2026552

1. Report Summary

Current Industry Analysis and Growth Potential Outlook
Impact of COVID-19 on the Global Turbocharger Market
Recovery Scenario of Global Turbocharger Market
1.1. Research Methods and Tools
1.2. Market Breakdown
- 1.2.1. By Segments
- 1.2.2. By Region

2. Market Overview and Insights

2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
- 2.2.1. Key Findings
- 2.2.2. Recommendations
- 2.2.3. Conclusion

3. Competitive Landscape

3.1. Key Company Analysis
- 3.1.1. BorgWarner, Inc.
  - 3.1.1.1. Overview
  - 3.1.1.2. Financial Analysis
  - 3.1.1.3. SWOT Analysis
  - 3.1.1.4. Recent Developments
- 3.1.2. Continental AG
  - 3.1.2.1. Overview
  - 3.1.2.2. Financial Analysis
  - 3.1.2.3. SWOT Analysis
  - 3.1.2.4. Recent Developments
- 3.1.3. Cummins, Inc.
  - 3.1.3.1. Overview
  - 3.1.3.2. Financial Analysis
  - 3.1.3.3. SWOT Analysis
  - 3.1.3.4. Recent Developments
- 3.1.4. Honeywell International, Inc.
  - 3.1.4.1. Overview
  - 3.1.4.2. Financial Analysis
  - 3.1.4.3. SWOT Analysis
  - 3.1.4.4. Recent Developments
- 3.1.5. Mitsubishi Heavy Industries Engine & Turbocharger, Ltd.
  - 3.1.5.1. Overview
  - 3.1.5.2. Financial Analysis
  - 3.1.5.3. SWOT Analysis
  - 3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players

4. Market Segmentation

4.1. Global Turbocharger Market by Industry
- 4.1.1. Automotive
- 4.1.2. Aerospace & Defense
- 4.1.3. Marine
- 4.1.4. Agriculture & Construction
4.2. Global Turbocharger Market by Technology
- 4.2.1. Twin-Turbo Technology
- 4.2.2. Variable Geometry Technology
- 4.2.3. Wastegate Technology
4.3. Global Turbocharger Market by Sales Channel
- 4.3.1. OEM
- 4.3.2. Aftermarket
4.4. Global Turbocharger Market by Engine Type
- 4.4.1. Diesel Engine
- 4.4.2. Gasoline Engine
- 4.4.3. Hybrid Engines

5. Regional Analysis

5.1. North America
- 5.1.1. US
- 5.1.2. Canada
5.2. Europe
- 5.2.1. UK
- 5.2.2. Germany
- 5.2.3. Italy
- 5.2.4. Spain
- 5.2.5. France
- 5.2.6. Rest of Europe
5.3. Asia-Pacific
- 5.3.1. China
- 5.3.2. India
- 5.3.3. Japan
- 5.3.4. South Korea
- 5.3.5. Rest of Asia-Pacific
5.4. Rest of the World

6. Company Profiles

6.1. Eaton Corporation PLC
6.2. Hunan Rugidove Turbocharging Systems Co. Ltd.
6.3. Ihi Turbo America
6.4. Kangyue Technology Co., Ltd.
6.5. MAHLE GmbH
6.6. Magnum Performance Turbos, Inc.
6.7. MAN Energy Solutions
6.8. Napier Turbochargers Ltd.
6.9. Okiya Group Co., Ltd.
6.10. Precision Turbo & Engine Rebuilders, Inc.
6.11. Rotomaster International
6.12. Fengcheng Pacific Shenlong Turbocharger Co., Ltd.
6.13. Turbo Energy Private Ltd (Tel)
6.14. Turbo One Pte. Ltd.
6.15. Zhejiang Rongfa Motor Engine Co., Ltd.