Media releases are provided as is by companies and have not been edited or checked for accuracy. Any queries should be directed to the company itself.
  • 20 August 2019 16:05

Automotive Turbocharger Market Size & Share 2018-2026

As per a market research conducted by Acumen Research and Consulting,Global automotive turbocharger market is expected to grow at a CAGR of around 10% from 2018 to 2026 and reach the market value of more than $25 billion by 2026.

Global automotive turbocharger market is expected to grow at a CAGR of around 10% from 2018 to 2026 and reach the market value of more than $25 billion by 2026.

A turbocharger, colloquially known as a turbo, is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra compressed air into the combustion chamber.This improvement over a naturally aspirated engine's power output is due to the fact that the compressor can force more air—and proportionately more fuel—into the combustion chamber than atmospheric pressure (and for that matter, ram air intakes) alone.

Turbochargers were originally known as turbosuperchargers when all forced induction devices were classified as superchargers. Today the term "supercharger" is typically applied only to mechanically driven forced induction devices. The key difference between a turbocharger and a conventional supercharger is that a supercharger is mechanically driven by the engine, often through a belt connected to the crankshaft, whereas a turbocharger is powered by a turbine driven by the engine's exhaust gas. Compared with a mechanically driven supercharger, turbochargers tend to be more efficient, but less responsive. Twincharger refers to an engine with both a supercharger and a turbocharger.

Market Participants

The global automotive turbocharger market is characterized by the presence of experienced and established players. Some of the key players include BorgWarner, Honeywell International Inc., BMTS Technology, Banks Power, Mitsubishi Heavy Industries, Linamar Corporation, Rotomaste and IHI Corporation. Market players are focusing on strategic acquisitions in order to expand their industry presence.

Market Segmentation

Global Automotive Turbocharger Market, By Vehicle: PCV,LCV,HCV

Global Automotive Turbocharger Market, By Technology: VGT/VNT,Wastegate,Twin turbo

Global Automotive Turbocharger Market, By Fuel: Gasoline,Diesel

Global Automotive Turbocharger Market, By Distribution Channel: OEM,Aftermarket

Global Automotive Turbocharger Market, by Geography: North America,Europe,Asia-Pacific,Latin America,Middle East and Africa (MEA)

DOWNLOAD FREE SAMPLE@https://www.acumenresearchandconsulting.com/request-sample/1084

Submit a media release

Editor's Recommendations

Brand Page

Events

View all events Submit your own security event

Latest Videos

More videos

Blog Posts

Media Release

More media release