Report Description
A recent market
intelligence report that is published by Data Insights Partner on the
global Automotive Turbochargers Market makes an offering of in-depth analysis of segments and
sub-segments in the regional and international Automotive
Turbochargers Market. The research
also emphasizes on the impact of restraints, drivers, and macro indicators on
the regional and global Automotive Turbochargers Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global Automotive
Turbochargers Market is offered. In
accordance with the report, the global Automotive Turbochargers Market is projected to expand at a CAGR of 9.78%
over the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
A turbocharger draws exhaust gasses produced from the engine and
compresses it and then delivers into the vehicle’s engine cylinders to provide
better air to fuel mixture ratio. By feeding compressed air into the engine a
vehicle manufacture is able to achieve extra boost from the engine when
compared to a naturally aspirated engine. A turbocharger increases a vehicle’s
fuel efficiency and helps in reduction of harmful exhaust gasses. Engine
downsizing is a term related to the use of a smaller engine in a vehicle which
produces the same power output of a bigger engine. This helps reduce the
emission of harmful waste gasses and increases the vehicle’s fuel efficiency. A
turbocharger recirculates the exhaust gases, then compresses them and forces
them into the vehicle’s combustion engine. This technique helps the engine attain
a better combustion of air and fuel mixture, which increases its efficiency,
resulting in better fuel efficiency and improved power output. For instance, a
2.0L turbocharged diesel engine can produce the same power as a 3.0L non-turbocharged
diesel engine. Thus vehicle manufacturers are drifting toward the use of
turbochargers to downsize their engines.
Downsizing also improves vehicle’s fuel efficiency just because they
can attain higher power outputs with a relatively smaller engine cylinder which
utilizes less fuel consumption at the time of the combustion. Thus the
aforementioned reason for downsizing a vehicle’s engine is going to drive the
market for automotive turbochargers during the forecast period from 2019 to
2027. Turbochargers were being first introduced for the diesel engines for the
purpose of delivering higher-power output, less emissions, & increased fuel
efficiency as diesel engines were generally used in commercial vehicles. After
gaining importance in diesel engines, turbochargers are also being favored to
increase the efficiency of gasoline engines. With the rise in demand for more
powerful and fuel-efficient gasoline-powered vehicles, the demand for
turbochargers in gasoline is also set to increase. This aforementioned factor
is going to have a strong impact in the global turbochargers market throughout
the forecast period and is going to drive the market to its peak during
2016–2024. Countries in Asia Pacific such as India, China, and Japan are going
to be the major contributors to the global turbocharged gasoline engines
market. For example, in India, TATA Motors introduced a 1.2L Turbocharged MPFi
petrol engine with a peak power output of 90 HP, whereas the TATA Indica Vista
(2013) used an 1.2L non-turbocharged engine with a peak power output of 65 HP.
Thus, turbocharging a petrol engine increases its power output.
In order to comprehend the results of turbo lag and achieve better
efficiency for turbo, manufacturers are experimenting upon a new actuation
technology for turbochargers. Instead of actuating the compressor of a
turbocharger through exhaust gases, electric motors are used to drive the
compressor of a turbocharger. This helps eliminate turbo lag at low-rpm and
sends compressed air to the engine on demand, instead of waiting for the
exhaust-driven turbo to spool up. An electric-powered compressor has many
advantages, such as that it revs up to the maximum rpm rapidly without any
distinct delay and continues to boost the compressor when there is very
little exhaust gas is left in the turbocharger to turn the compressor in a
conventional turbocharger. Additionally, an electric turbocharger is an
amalgamation of two turbochargers where one is driven by exhaust gases and
other by an electric motor. Through this technique the conventional
disadvantages of turbo lag are eliminated by the use of an electric turbo for
lower-rpm boost and at higher rpm the conventional turbocharger kicks in with
the vehicles’ exhaust gases. Thus, electric turbocharging poses an immense
opportunity in the global turbocharging market during the forecast period from
2019 to 2027.
Segment Covered:
This market
intelligence report on the global Automotive Turbochargers Market encompasses market segments based on vehicle type, fuel
type, technology, material, components, application and country.
In terms of vehicle type, the Automotive Turbochargers Market is segregated
into:
·
Passenger cars
·
Light commercial vehicles
·
Truck
·
Bus
By fuel type, the global Automotive
Turbochargers Market is segregated into:
·
Diesel
·
Gasoline
·
CNG/Alternate fuels
By technology, the Automotive
Turbochargers Market is segregated into:
·
VNT/VGT
·
Wastegate
·
Electric
·
Twin-turbo
·
Free-floating
·
Double Axle
By material, the Automotive
Turbochargers Market is segregated into:
·
Cast iron
·
Aluminum
·
Others
By components, the Automotive
Turbochargers Market is segregated into:
·
Turbine
·
Compressor
·
Housing
By application, the Automotive
Turbochargers Market is segregated into:
·
Agricultural tractors
·
Construction equipment
By country/region, the global Automotive Turbochargers Market has been divided
into:
·
North America
(the U.S., Canada),
·
Latin America
(Brazil, Mexico, Argentina and other countries),
·
Europe (Germany,
France, the U.K., Spain, Italy, Russia, and other countries),
·
Asia Pacific
(India, Japan, China, Australia and New Zealand and other countries),
·
Middle East and
Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as:
·
ABB Ltd.
·
Bmts Technology
·
Borgwarner
·
Calsonic Kansei
·
Cimos
·
Continental AG
·
Cummins
·
Delphi
Technologies
·
Honeywell
·
Hunan Tyen
Machinery Co., Ltd.
·
IHI
·
Kompressorenbau
Bannewitz GmbH
·
Mitsubishi Heavy
Industries
·
Ningbo Motor
Industrial Co., Ltd.
·
Precision Turbo
& Engine INC.
·
Rotomaster
International
·
TEL
·
Turbo Dynamics
Ltd.
·
Turbo
International
·
Turbonetics Inc.
·
Weifang Fuyuan
Turbocharger Co., Ltd.
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Automotive Turbochargers related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2017-2027. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Automotive
Turbochargers Market, size of the
market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of
forecast: 2019 – 2027, taking into account 2018 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Automotive Turbochargers Market is done by taking into account various parameters such
as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Honeywell,
Continental, Delphi among others
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Automotive Turbochargers caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for Automotive
Turbochargers Market. The research
also caters to the rising needs of consulting and research firms, financial
analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Automotive Turbochargers Market
v
Identification
of key factors driving investment opportunities in the Automotive
Turbochargers Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to
your competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants