Automotive Turbocharger Hose Market Analysis And Growth Forecasts To 2027

Automotive turbocharger hose market size is projected to surpass USD 3 billion by 2027. Rising inclination towards the adoption of fuel-efficient vehicles across the globe on account of increasing environmental impact due to carbon emissions has evoked the deployment of automotive turbo hose pipes in various automobile types right from heavy vehicles to passenger vehicles. This is expected to propel automotive turbocharger hose market growth over ensuing years.

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Automotive turbocharger hose market in the Asia Pacific region will register a dominant revenue share through 2027. This can be attributed to the continuous manufacturing of heavy-duty trucks across China and India. The expansion in infrastructural developments has added positive impetus to the penetration of turbocharged HCVs across the continent.

Leading manufacturers like Sumitomo Electric Industry and Solvay are coming up with hoses for turbochargers that can be adopted in heavy commercial vehicles. Citing the same with an instance, Gates Corporation introduced the FleetRunner Silicone turbocharger hose as well as the FleetRunner Turbocharger hose kits for truck & bus turbocharging systems. These hoses make use of bonded FKM liners to counter degradation resulting from oil infusion.

While the industry share from PCV vehicles will strike an exponential CAGR up to 2027 considering the surge in the number of sales for premium passenger turbocharged vehicles. The turbocharger hose market from the gasoline fuel segment is projected to expand due to their growing adoption.

There is an increase in the number of these hoses as they offer higher levels of fuel efficiency. The gasoline-run turbocharger hoses also deliver excellent performance and assist in transforming much of the fuel into power in comparison to aspirated engines. They are also suitable for operating at higher temperature levels.

An increase in manufacturing and sales of commercial vehicles will significantly influence the automotive turbocharger hose market trends through the next few years. There is a strong demand for fuel-efficient passenger vehicles in countries like U.S., China, Germany, the UK, and France.

Suppliers of automotive turbocharger hose kits are incorporating various strategies like acquisitions and partnerships to increase their global presence and gain a positive edge over other competitors. For instance, SumiRiko Hosetex, Ltd., a subsidiary of Sumitomo Riko Company Ltd. for hydraulic and industrial hose manufacturing and sales, merged with the firm’s subsidiary for hose assembly machining and domestic sales, SumiRiko Hose Sales, Ltd. Motair Turbolader GmbH, Cooper Standard, Bugiad, Solvay, Continental, WACKER Chemie AG, Ferdinand Bilstein GmbH + Co. KG, Megaflex Limited, and Turbonetics, Inc, are other participants in the automotive turbocharger hose market.

The novel coronavirus pandemic and its increasing footprint across the world significantly hampered the demand and supply for automotive turbocharger intake hoses. The regulation of severe restrictions by several governments on domestic and international trade, specifically in the first two quarters of 2020 drew a negative impact on the sales of the components. However, with the ease of these restrictions, the industry forecast will gradually rise at a steady rate.

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Partial Chapter of the Table of Content

Chapter 5 Automotive Turbocharger Hose Market, By Vehicle

5.1 Key trends, by vehicle

5.2 PCV

5.2.1 Market estimates and forecast, 2016 – 2027

5.3 LCV

5.3.1 Market estimates and forecast, 2016 – 2027

5.4 HCV

5.4.1 Market estimates and forecast, 2016 – 2027

Chapter 6 Automotive Turbocharger Hose Market, By Fuel

6.1 Key trends, by fuel

6.2 Gasoline

6.2.1 Market estimates and forecast, 2016 – 2027

6.3 Diesel

6.3.1 Market estimates and forecast, 2016 – 2027

Chapter 7 Automotive Turbocharger Hose Market, By Distribution Channel

7.1 Key trends, by distribution channel

7.2 OEM

7.2.1 Market estimates and forecast, 2016 – 2027

7.3 Aftermarket

7.3.1 Automotive Turbocharger Hose Market estimates and forecast, 2016 – 2027

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