Automotive Turbocharger Market by Technology, Material, Aftermarket and Region-Global Forecast 2025.pptx

1. MarketsandMarkets Presents Automotive Turbocharger Market by Technology, Material, Aftermarket and Region-Global Forecast 2025 https://www.marketsandmarkets.com/Market-Reports/turbochargers-market-919.html

2. According to the new market research report "Automotive Turbocharger Market by Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Ice & Hybrid Vehicle, Fuel Type, Off-Highway (Agricultural, Construction, Locomotive), Aftermarket, and Region - Global Forecast to 2025", published by MarketsandMarkets™, The Automotive Turbocharger Market is projected to grow at a CAGR of 7.63%, to reach a market size of USD 18.49 billion by 2021. The market is driven by the key factor engine downsizing, which leads to the reduction of size of engine. For instance, naturally aspirated V8 engine can be substituted with V6 turbocharged small size engine without affecting the power output and torque. Engine downsizing leads to increased efficiency and helps in quick warm-up of engine and decreases the overall weight of vehicle. In order to achieve stringent emission norms, turbocharger plays an important role. Get The PDF Brochure For This Report: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=919 Browse 105 market data Tables and 59 Figures spread through 163 Pages and in-depth TOC on "Automotive Turbocharger Market” https://www.marketsandmarkets.com/Market-Reports/turbochargers-market-919.html

3. “VGT/VNT is the fastest growing turbocharger technology market in the automotive industry” Variable Geometry Turbocharger (VGT) technology is expected to dominate the Automotive Turbocharger Market. The VGT/VNT technology is best suitable for 0.9 to 0.3 liter diesel engines. However VGT/VNT technology, also have application in 1.4L to 2.0L range. Advanced VNT gives fuel efficiency at low speeds, reduces weight, and gives better transient response and flexible packaging. “Gasoline turbocharged vehicles constitute the largest segment of the Automotive Turbocharger Market” The turbochargers are used in gasoline engines to increase the engine power, by increasing the pressure inside the combustion chamber. The turbochargers to be used in petrol vehicles should be compact, and should run at higher speeds. However, in the current scenario, the penetration of diesel turbocharged vehicles is more than gasoline turbocharged vehicles. For instance, according to MarketsandMarkets analysis, in Asia-Oceania 55-60% of the diesel powered passenger cars are turbocharged, on the other hand only 15-20% of the gasoline powered passenger cars are turbocharged.  Request Sample of the report: https://www.marketsandmarkets.com/requestsampleNew.asp?id=919

4. “North America: Fastest growing market for turbocharger in automotive industry” North America is estimated to dominate the Automotive Turbocharger Market, and is projected to grow at the highest CAGR during the forecast period. Increasing stringency in the CAFÉ emission regulations can be credited for the growth in the Automotive Turbocharger Market in this region. Additionally, the rising demand for advanced turbocharger technologies such as VGT/VNT which boosts the power of engine and other factors have contributed towards the growth scenario of this market. The North American automotive industry is one of the fastest growing industries in the world, and is dominated by domestic OEMs such as Ford Motor Company (U.S.) and General Motors (U.S.), along with established European and Japanese OEMs. Automotive Turbocharger Market includes manufacturers such as Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany). Don’t miss out on business opportunities in Automotive Turbocharger Market. Speak to our analyst and gain crucial industry insights that will help your business grow.

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