New York, July 21, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automotive Turbocharger Market by Technology, Material, Component, Fuel Type, Application, Vehicle, Aftermarket, Region - Global Forecast to 2025" - https://www.reportlinker.com/p04411875/?utm_source=GNW 5% during the forecast period, where the revenue in 2020 is estimated to be USD 11.1 billion and is projected to reach USD 18.4 billion by 2025. The growth of the automotive turbocharger market is influenced by factors such as upcoming regulation in Asian countries such as China and India, increased production of mild-hybrid vehicles, and increased popularity of TGDI among others. Some of the market restraining factors are the declining share of diesel vehicles, a recent decline in global vehicle production, and possible shift towards electric cars.
Aluminum is estimated to be the fastest-growing material for turbochargers.The automotive turbocharger consists of various components like turbines, turbocharger housing, compressor housing, bearings, and turbocharger shaft.Cast Iron, Aluminum, Stainless Steel, Nickel-based alloys, Titanium-alloys are the essential materials used for the manufacturing of turbochargers.
The durability of turbocharger components at high temperatures depends upon the type of material been used for it. Owing to the light-weighting trend, and the benefits offered by Aluminum over cast iron, the demand for Al is estimated to be the largest in the coming years.
Passenger car segment is estimated as the largest market for turbochargers.
Passenger car is the major market for turbochargers in the vehicle segment, considering the overall production globally. According to ACEA, the passenger car production hit 74.9 million in 2019 and is expected to go beyond ~70-72 million by 2024-2025, with Asia Pacific and North America being the leading regions. In 2019, Asia Oceania passenger car production was around 40.2 million units as compared to 43.8 million units in 2017. In 2019, the Asia Oceania region accounted for 79.4% of the global passenger car production. On the other hand, China accounted for 29.2% of the worldwide passenger car production, which makes Asia Oceania is the largest market for turbochargers.
Asia Oceania to dominate the automotive turbocharger market.
Asia Oceania is estimated to be the largest market for automotive turbochargers.The automotive industry has changed the landscape of the Asia Pacific region.
Increased production of automobiles, the presence of key players such as IHI, continental AG, Mitsubishi heavy industries, BorgWarner have broadened the scope for turbochargers in this region.Chinas passenger car production is estimated to cross 20 million by 2024, with 50% of them already equipped with TGDI now will expand the turbocharger market.
Other emerging economies stress on cleaner vehicles such as Mild hybrid vehicles, and stringent emission norms will positively impact the turbocharger industry in the future.
The study contains insights provided by various industry experts. The break-up of the primaries is as follows: By Company Type: Tier-1 - 70%, Tier-2 - 20%, and OEMs - 10% By Designation: C level Executives- 40 %, Directors 35%, Others- 25% By Region: Asia Pacific 20 %, Europe 50 %, North America -25 %, and RoW 5 %
Note: Others include sales, marketing, and product managers.
Company tiers are based on the value chain; the revenue of the company is not considered.
Tier I are Turbocharger manufacturers, while Tier II are suppliers of turbochargers and its components & materials.
The automotive turbocharger market consists of key manufacturers such as Honeywell (US), BorgWarner (US), MHI (Japan), IHI (Japan), and Continental (Germany). The other players in the turbocharger market are - Bosch Mahle (Germany), Cummins (US), ABB (Switzerland), TEL (India), and Delphi Technologies (UK), Rotomaster International (Canada), Precision Turbo & Engine INC(US), Turbonetics(US), Turbo International (US), Kompressorenabu Bannewitz GMBH(Germany), Turbo Dynamic Ltd.(UK), Fuyuan Turbocharger Co. Ltd.(China), Hunan Tyen Machinery Co. Ltd. (China), Ningbo Motor Industrial Co. Ltd. (China), Calsonic Kansei (Japan).
Research CoverageTechnology segments the automotive turbocharger market (VGT, Wastegate, Electric Turbocharger & Others), Vehicle Type (Passenger car, LCV, Truck, Bus), Off-highway application (Agricultural Tractor, Construction Equipment), Fuel Type (Gasoline, Diesel and CNG/Alternate Fuel), By Material (Cast Iron, Aluminum, & Others), Aftermarket (Light duty and Heavy duty vehicle), and Region ((Asia Oceania (China, India, Japan, South Korea, Indonesia, Thailand, and others), Europe (Germany, Spain, Turkey, France, Russia, UK, Italy, Poland, Slovakia, others), North America (Canada, Mexico, US), Row (Brazil, South Africa, Iran, Argentina RoW others)).
Reasons to Buy the Report:
This report provides insights concerning the following points: Technology-wise market sizing & forecast of automotive turbochargers, which is split further into regions. The study would also give the future trend of electric turbochargers, with the growth of mild-hybrid vehicles The automotive turbochargers market is also discussed in terms of materials used in the turbochargers at present, and material shift which would be observed in coming years Another aspect covered in the study is the analysis of the turbocharger market in terms of fuel type. The report discusses on change in fuel types historic vs. present and which fuel type would be preferred in coming years The demand for turbochargers is analyzed further for On- & Off-Highway vehicles. The demand for turbochargers in On-Highway vehicle type is discussed at the country-level, whereas the OHV turbocharger demand is addressed at the regional level. The study also discusses the aftermarket potential of automotive turbochargers in light-duty and heavy-duty vehicles. The report covers Competitive Leadership Mapping (micro-quadrant analysis) on the major players that offer automotive turbochargers in the global market.
Read the full report: https://www.reportlinker.com/p04411875/?utm_source=GNW
About ReportlinkerReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.
__________________________
View post:
- Pope Francis to visit Asia and Oceania in September - Crux Now - April 16th, 2024 [April 16th, 2024]
- EY Weighs Another 100 Job Cuts in Oceania, The Australian Reports - Bloomberg - April 16th, 2024 [April 16th, 2024]
- Oceania Cruises Announces New 2025-2026 Tropics and Exotics Collection - Norwegian Cruise Line Holdings - April 16th, 2024 [April 16th, 2024]
- Pope Francis to visit 4 nations across Asia and Oceania in September - Vatican News - April 16th, 2024 [April 16th, 2024]
- Oceania Cruises Announces New 2025-26 Tropics and Exotics Collection - Cruise Industry News - April 16th, 2024 [April 16th, 2024]
- Pope Francis will head to Asia and Oceania in September for his longest foreign trip yet - America: The Jesuit Review - April 16th, 2024 [April 16th, 2024]
- Oceania Cruises Announces New Tropics and Exotics Collection for 2025-2026 - Porthole Cruise and Travel - April 16th, 2024 [April 16th, 2024]
- Per Berth Prices Rise for Oceania and Regent Newbuilds - Cruise Industry News - April 16th, 2024 [April 16th, 2024]
- Pope Francis to embark on tour of Southeast Asia, Oceania in longest papal trip - Bakersfield Now - April 16th, 2024 [April 16th, 2024]
- Pope will take his longest trip: to Asia-Oceania in September - Aleteia - April 16th, 2024 [April 16th, 2024]
- Asia/Oceania I: Korea, Republic maintain perfect record with another 3-0 win - Billie Jean King Cup - April 16th, 2024 [April 16th, 2024]
- Highlights of Billie Jean King Cup 2024 tennis tournament Asia-Oceania - Xinhua - April 16th, 2024 [April 16th, 2024]
- Oceania Cruises Announces New Tropics and Exotics Collection - Recommend Magazine - April 16th, 2024 [April 16th, 2024]
- VATICAN Pope Francis will be in Southeast Asia and Oceania from 2 to 13 September - AsiaNews - April 16th, 2024 [April 16th, 2024]
- Oceania Triathlon continental titles on the line in Taupo this weekend World Triathlon - World Triathlon - April 16th, 2024 [April 16th, 2024]
- DHL Express introduces dedicated flight between Sydney and Hong Kong to cater to Oceania-North Asia trade demand - payloadasia.com - April 16th, 2024 [April 16th, 2024]
- Vatican announces long-awaited papal visit to Asia and Oceania - Macao News - April 16th, 2024 [April 16th, 2024]
- EY confirms 148 jobs gone in mass redundancy round across Oceania - The West Australian - April 16th, 2024 [April 16th, 2024]
- Hosts Tonga launch campaign with dominant victory against American Samoa - Oceania Football Confederation - April 16th, 2024 [April 16th, 2024]
- Oceania Cruises unveils 2026 around the world voyage on Vista - TTG Asia - March 16th, 2024 [March 16th, 2024]
- Sea Control 501 Multilateral Approaches to Maritime Security in Oceania with Zach Ota | Center for International ... - CIMSEC - March 16th, 2024 [March 16th, 2024]
- Oceania set to open booking for $60K, 180-day around-the-world cruise - Business Insider - March 12th, 2024 [March 12th, 2024]
- Oceania Cruises Announces 2026 Around the World Voyage Aboard Its Newest Ship, Vista - PR Newswire - March 12th, 2024 [March 12th, 2024]
- The Oceania Vista will sail the world in 2026 - Travel Weekly - March 12th, 2024 [March 12th, 2024]
- Oceania Announces 2026 Around the World Voyage Aboard Vista - Cruise Industry News - March 12th, 2024 [March 12th, 2024]
- Oceania Championships: Record-breaking Samoan Opeloge and Australia's Elliott make moves in Olympic rankings - International Weightlifting Federation... - February 27th, 2024 [February 27th, 2024]
- Hawaii-based 'Indo-Pacific Support Cutter' focused on Oceania is on its first Pacific deployment - Honolulu Star-Advertiser - February 27th, 2024 [February 27th, 2024]
- PNG and Vanuatu to participate in inaugural FIFA Series - Football in Oceania - February 27th, 2024 [February 27th, 2024]
- OCEANIA/PAPUA NEW GUINEA - Escalation is feared after tribal conflict: The only way to avoid it is on-site dialogue - Agenzia Fides - February 27th, 2024 [February 27th, 2024]
- Brazil claim record-extending 6th FIFA Beach Soccer World Cup - Oceania Football Confederation - February 27th, 2024 [February 27th, 2024]
- NMI's Aiden Gimed wins silver in Oceania Weightlifting Championships - Marianas Variety News & Views - February 27th, 2024 [February 27th, 2024]
- Fiji U20s secures 39-25 win over Tonga at round 1 of Oceania Rugby U20s Challenge - Fijivillage - February 27th, 2024 [February 27th, 2024]
- Vakuruivalu wins bronze in the senior men's 109kg category at the Oceania Weightlifting Championship - Fijivillage - February 27th, 2024 [February 27th, 2024]
- 5G subs in SE Asia & Oceania to hit 550M by 2029-end - Nation Thailand - December 3rd, 2023 [December 3rd, 2023]
- AI image generator Stable Diffusion perpetuates racial and ... - University of Washington - December 3rd, 2023 [December 3rd, 2023]
- APCO and AIP partner to strengthen Oceania packaging industry - Packaging Gateway - December 3rd, 2023 [December 3rd, 2023]
- Solomon Islands to host OFC Women's Champions League in March - Friends of Football - December 3rd, 2023 [December 3rd, 2023]
- Tahiti tournament next prize for Wellington Olympic or Auckland City - Friends of Football - December 3rd, 2023 [December 3rd, 2023]
- Gordon Treanor joins $3bn drinks giant Suntory Oceania - The Shout - December 3rd, 2023 [December 3rd, 2023]
- LoL esports announces Japans LJL will join Oceania in PCS ... - Dexerto - December 3rd, 2023 [December 3rd, 2023]
- NZ Festival of Squash in Tauranga attracts top world and Oceania ... - Bay of Plenty Times - December 3rd, 2023 [December 3rd, 2023]
- Sisters Stephanie and Caley McNair gain international smallbore ... - Hawkes Bay Today - December 3rd, 2023 [December 3rd, 2023]
- Australian Superbike: Herfoss Earns Pole Position At "The Bend" - RoadracingWorld.com - December 3rd, 2023 [December 3rd, 2023]
- From boys' football to the Ferns in a year the rapid rise of winger ... - Friends of Football - December 3rd, 2023 [December 3rd, 2023]
- Global protein production expected to slow, but persist in 2024 - MEAT+POULTRY - December 3rd, 2023 [December 3rd, 2023]
- Catching up after the weekend? Heres all the top results and all on ... - Friends of Football - December 3rd, 2023 [December 3rd, 2023]
- All Blacks Sevens chart new beginnings in the HSBC SVNS Series - allblacks.com - December 3rd, 2023 [December 3rd, 2023]
- The Dominican Republic to host WBSC Americas U-15 Baseball ... - World Baseball Softball Confederation - December 3rd, 2023 [December 3rd, 2023]
- XXX BFA Asian Championship starts Sunday, qualifies three teams ... - World Baseball Softball Confederation - December 3rd, 2023 [December 3rd, 2023]
- Oceania - Students | Britannica Kids | Homework Help - March 31st, 2023 [March 31st, 2023]
- 5 Things You Should Know About: Oceania - WorldAtlas - March 4th, 2023 [March 4th, 2023]
- Oceania Healthcare (NZSE:OCA) Is Paying Out Less In Dividends Than Last Year - Simply Wall St - November 27th, 2022 [November 27th, 2022]
- 'Wingspan' Oceania Expansion Announced for Release Soon on iOS, Android, Switch, Xbox, and PC TouchArcade - Touch Arcade - October 30th, 2022 [October 30th, 2022]
- Oceania and Africa rising in university rankings - The PIE News - October 17th, 2022 [October 17th, 2022]
- South Asia And Oceania Pea Fiber Consumption Is Expected To Grow By Nearly 2x By 2032 - openPR - October 17th, 2022 [October 17th, 2022]
- PET Type Antiblock Masterbatch Market Size reach to 82.50 million USD in 2022-2027 With Impact of domestic and global market Top players: Review by... - October 17th, 2022 [October 17th, 2022]
- The Legend of Heroes: Trails to Azure launches on March 14, 2023 in North America; March 17 in Europe and March 24 in Oceania - RPG Site - October 17th, 2022 [October 17th, 2022]
- A 5G-proficient workforce will be in high demand: Nitin Bansal, MD, India & Head Networks, South East Asia, Oceania And India, Ericsson - The... - October 17th, 2022 [October 17th, 2022]
- Being in India more critical than ever: Ericssons Mirtillo | Mint - Mint - October 17th, 2022 [October 17th, 2022]
- Sedin lands in Melbourne with Steve de Mamiel at the helm - ARNnet - October 17th, 2022 [October 17th, 2022]
- Heavy Machinery Maintenance & Repair Demand Is Set To Reach A Valuation of US$ 284 Bn Billion 2032; Owing To Technology Integration into Service... - October 17th, 2022 [October 17th, 2022]
- WWII Ship Sunk In Oceania Shows Up In Dried-Up Californian Lake Officials Have No Idea How It Got There - IFLScience - October 15th, 2022 [October 15th, 2022]
- EY Oceania Strengthens Transformation Capability Through The Business Acquisition Of Red Moki - The Balance - October 15th, 2022 [October 15th, 2022]
- World University Rankings 2023: trends analysis - Times Higher Education - October 15th, 2022 [October 15th, 2022]
- How Africa is still paying the most for the lowest-quality internet - Benjamindada.com - October 15th, 2022 [October 15th, 2022]
- Global population hits 8 billion soon, but shrinks by 2100 - Big Think - October 15th, 2022 [October 15th, 2022]
- Banana Genomes Hint at Hidden Species We Urgently Need to Find - ScienceAlert - October 15th, 2022 [October 15th, 2022]
- Boxing: Kiwi heavyweight Hemi Ahio ready for the spotlight - New Zealand Herald - October 15th, 2022 [October 15th, 2022]
- An unbeatable moment to leverage: 2023 Womens World Cup must win hearts to change minds - The Guardian - October 15th, 2022 [October 15th, 2022]
- Architectural Services Sales Is Anticipated to Reach US$ 426.3 Bn by 2032; Rising Urbanization to Act as Key Drivers | Fact.MR's Study - GlobeNewswire - October 15th, 2022 [October 15th, 2022]
- Oceania unveils world cruise and other long voyages for 2025 - Travel Weekly - September 15th, 2022 [September 15th, 2022]
- Sailing to the Baltic Sea's top port cities with Oceania - Cruise Passenger - September 15th, 2022 [September 15th, 2022]
- Oceania Dairy tanker driver injured after truck rolls in South Cantebury - Stuff - September 15th, 2022 [September 15th, 2022]
- Study Highlights Wide Variation in Mortality of Spondyloarthritis, IBD Across the Globe - AJMC.com Managed Markets Network - September 15th, 2022 [September 15th, 2022]
- Earth had its 6th-warmest August on record - National Oceanic and Atmospheric Administration - September 15th, 2022 [September 15th, 2022]
- Humans have caused unprecedented changes to rivers - Earth.com - September 15th, 2022 [September 15th, 2022]
- From boat to bike: Georgie Howe's rapid rise to the pro ranks - CyclingTips - September 15th, 2022 [September 15th, 2022]
- Turbulence not over: Asahi pushes canned beer and healthier innovation as cost pressures heighten - FoodNavigator-Asia.com - September 15th, 2022 [September 15th, 2022]
- Auckland City keep quadruple title hopes alive with Chatham Cup football final win - Stuff - September 15th, 2022 [September 15th, 2022]
- Cruise Lines That Don't Require a COVID-19 Vaccination - Cruise Fever - September 3rd, 2022 [September 3rd, 2022]