Automotive Turbocharger Market to value $27 billion by 2026

Global automotive turbocharger market is likely to surpass a valuation of $27 billion by 2026. Increasing demand for better, fuel-efficient engines across light-duty, heavy-duty, and passenger vehicles is the key factor that is expected to fuel global automotive turbocharger industry growth in the coming years.

Various governments across Europe have imposed strict regulations to lower the amount of nitrous oxide and carbon emissions from vehicle exhaust, which is a crucial factor driving the automotive turbocharger market outlook in the region. To further consolidate this driver, in April 2019, the European Parliament introduced new CO2 emission regulations for passenger vans and cars.

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The region is also anticipated to exhibit rapid growth owing to the substantial presence of many of the world’s most prominent automobile manufacturers, like Audi, BMW, and Daimler. These automotive giants are aiming at the integration of advanced turbocharger systems in their vehicles to improve engine performance and drivability.

Citing an instance, in March 2019, BMW launched the company’s new BMW X5 SUV, that is equipped with twin-turbocharger technology, for the European automotive market. The vehicle’s eight-speed automatic transmission integrated with the twin-turbo system substantially enhances drivability and engine performance.    

Owing to the mounting adoption of gasoline engines by a number of major automotive manufacturers, the gasoline turbochargers segment is anticipated to witness tremendous demand over the projected timeframe.

Turbo systems installed in gasoline engines work at high RPMs and need small combustion chambers, which further promotes engine downsizing in passenger cars. These benefits are subsequently likely to play a crucial role in the adoption of gasoline turbochargers over the coming years. 

OEMs are heavily relied upon by automobile manufacturers for the supply of vital engine components, like turbochargers, for all vehicle categories. Rising production of the fuel-efficient engines with improved power output would significantly impel the overall automotive turbocharger market share in coming years.

The competitive landscape of the global automotive turbocharger market is inclusive of players such as Magnum Performance Turbos, Turbonetics Inc., Turbo Energy Pvt Ltd, The Turbo Engineers GmbH, Rotomaster, Montupet, Mitsubishi Heavy Industries, Linamar Corporation, IHI Corporation, Honeywell International Inc., Cummins Inc., Cimos D.D., BMTS Technology, BorgWarner, and Banks Power among others.

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Partial Chapter of the Table of Content

Chapter 4.   Automotive turbocharger Market, By Vehicle

4.1.  Key trends by vehicle

4.2.  PCV

4.2.1. Market estimates and forecast, 2015 – 2026

4.3.  LCV

4.3.1. Market estimates and forecast, 2015 – 2026

4.4.  HCV

4.4.1. Market estimates and forecast, 2015 – 2026

Chapter 5.   Automotive turbocharger Market, By Technology

5.1.  Key trends by technology

5.2.  VGT/VNT

5.2.1. Market estimates and forecast, 2015 – 2026

5.3.  Wastegate

5.3.1. Market estimates and forecast, 2015 – 2026

5.4.  Twin turbo

5.4.1. Market estimates and forecast, 2015 – 2026

Chapter 6.   Automotive turbocharger Market, By Fuel

6.1.  Key trends by fuel

6.2.  Gasoline

6.2.1. Market estimates and forecast, 2015 – 2026

6.3.  Diesel

6.3.1. Market estimates and forecast, 2015 – 2026

Chapter 7.   Automotive turbocharger Market, By Distribution Channel

7.1.  Key trends by distribution channel

7.2.  OEM

7.2.1. Market estimates and forecast, 2015 – 2026

7.3.  Aftermarket

7.3.1. Market estimates and forecast, 2015 – 2026

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