Automotive Turbocharger Market 2019- Global Industry Analysis, By Key Players, Segmentation, Trends and Forecast By 2025
A new market study, titled “Discover Global Automotive Turbocharger Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Pune, India – June 21, 2019 /MarketersMedia/ —
Introduction
Global Automotive Turbocharger Market is expected to develop at a CAGR of XX% to attain market cost of USD XXXX million through 2025. The worldwide faster industry had 35 million turbocharged automobiles in 2015. Turbochargers are turbine-pushed forced induction devices that improving engines volumetric performance through increasing density of the consumption gas allowing greater energy per engine cycle. The turbocharger is utilized in vehicles including passenger vehicle, business vehicle and excessive responsibility automobile. The turbine in the turbocharger spins at speeds of up to 150,000 rotations consistent with minute i.E., about 30 times quicker than maximum vehicle engines can move.Global council on combustion engines (IMO) III regulation 2016 to lessen the precise Nitrogen Oxides (NOx) emissions (about -eighty% in comparison to the IMO I values) desires to be finished in the ECA’s (Emission manipulate areas). Sulphur-oxides (SOx) and particulate remember (PM) emissions are to be controlled via proscribing the sulphur content material of the fuel used in turbocharger machine.
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Market Restraints:
In larger turbocharger, reaching the boost threshold can provide an almost instantaneous surge in power, which could compromise tire traction or cause some instability of the car. This may downstream the global automotive turbocharger market.
The turbochargers get very hot and often tap into the engine’s oil supply. This calls for additional plumbing, and is more demanding on the engine oil. Superchargers typically do not require engine oil lubrication. This is a major restraint for the global automotive turbocharger market.
Market Segmentation
By turbocharger type
Exhaust-gas turbochargers enhance performance, increase speed and power as well as engine performance at the same time reducing fuel consumption and exhaust emissions.
Axial flow turbochargers are used in aircraft engines because of their large size and heavy weight, these are similar to gas turbochargers. With the fuel flow through the wheel in an axial direction, the axial flow turbocharger compresses air into increasingly smaller spaces using a series of impeller or axial compressor fans.
The radial flow turbochargers are most popular type for automotive applications, the gas inflow is centripetal and is directed from the outside in a radial direction. It has the ability to increase the power of an automobile up to 1,000 horsepower.
By Geography
Turbocharger sales in the United States got a boost when the federal government’s corporate average fuel economy targets were raised to 35.5 mpg by 2016.
Europe is the leading region in terms of turbocharger adoption across light and commercial vehicles, exceeding 70% penetration by 2015.
Competitive landscape:
The major players for global automotive turbocharger market are BorgWarner and Cummins, which collectively account for 77.3% of revenue 2017.
Key market segments covered
BY TURBOCHARGER TYPE
Exhaust gas turbocharger
Axial flow turbocharger
Radial flow turbocharger
BY TECHNOLOGY TYPE
Variable geometry turbocharger
Waste gate
Twin turbocharger
Others
BY ENGINE TYPE
Diesel engine
Gasoline engine
BY VEHICLE TYPE
Passenger car
Commercial vehicle
Heavy duty vehicle
BY SALES CHANNEL
OEM
Aftermarket
BY REGION
Asia Pacific
Europe
North America
South America
Rest of the World
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The automotive industry is diverse and ranges from OEMs and component manufacturers to commercial vehicle manufacturers and dealerships. The industry has the growth potential from the booming domestic and manufacturing markets in Russia, Brazil, China, and India, and other developing economies, to R&D of greener vehicle and fuels. The revenue for the automotive industry is likely to accelerate due to the improved economic conditions. The industry demand has also been lifted by improvements made on the technological front, in terms of entertainment and autonomous driving capabilities, and fuel efficiency. Manufacturers are highly emphasizing on increasing fuel efficiency due to consumer demand and strict government norms. With improved internet connectivity, better navigation systems, and advancements in safety features, the industry is gaining impetus.
Table of Contents
GLOBAL AUTOMOTIVE TURBOCHARGER MARKET-SCOPE AND METHODOLOGY
GLOBAL AUTOMOTIVE TURBOCHARGER MARKET –TRENDS AND DEVELOPMENTS
INDUSTRY ANALYSIS
GLOBAL AUTOMOTIVE TURBOCHARGER MARKET SEGMENTATION BY PRODUCT
GLOBAL AUTOMOTIVE TURBOCHARGER MARKET – BY GEOGRAPHY
COMPETITIVE LANDSCAPE
COMPANY PROFILES
APPENDIX
Contact Info:
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Organization: WISE GUY RESEARCH CONSULTANTS PVT LTD
Website: http://www.wiseguyreports.com
Source: MarketersMedia
Release ID: 527758
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