(MENAFNEditorial) iCrowdNewswire - Aug 6, 2018
Automotive turbocharger market from VGT turbochargers is foreseen to develop tremendously over the estimate time frame. High demand for accurate controlling of particulate and NOx discharges will drive the interest for these turbochargers. Furthermore, they help to decrease the lag time and develop the productivity of the engines. Twin turbo is anticipated to grow significantly over the figure course of events attributable to arrangement of advantages, for example, prevalent power and acceleration.
Competitive Insights:
The leading players in the market are Cummins Turbo Technologies, Linamar, Weifang FuYuan Turbochargers Co, MONTUPET, IHI Corporation, Honeywell, Federal-Mogul, Mitsubishi Heavy Industries Ltd and BorgWarner. The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Industry Outlook and Trend Analysis:
The was worth USD 11.18 billion in 2014 and is expected to reach approximately USD 21.58 billion by 2023, while registering itself at a compound annual growth rate (CAGR) of 7.58% during the forecast period.
Rising interest for turbocharging technologies from the OEMs to offer upgraded and fuel-effective vehicles will majorly drive the business development. Manufacturers are ceaselessly concentrating on meeting environmental emissions regulations, bringing about their multiplying production. The automobile sector over the globe is reliably putting efforts to guarantee upgraded driver's involvement and controlling the environmental emissions. This will decidedly impact the automotive turbocharger market throughout the following years.
Vehicle Outlook and Trend Analysis:
Automotive turbocharger market from PCVs is foreseen to command the business, representing a significant share of the general income over the forecast period inferable from their significant production over the globe. Rising demand for these vehicles, particularly from the developing economies of Asia Pacific will additionally boost the income generation.
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Regional Outlook and Trend Analysis:
Europe automotive turbocharger market is anticipated to feature predominance throughout the following years. Higher entrance of turbochargers when compared with different regions inferable from stringent discharges and fuel effectiveness standards will significantly bolster the income generation. The OEMs over the district are progressively embracing these turbochargers to meet these regulations.
The Automotive Turbocharger Market is segmented as follows-
Automotive Turbocharger Market, By Vehicle, Estimates and Forecast, 2014-2023 ($Million)
PCV
LCV
HCV
Automotive Turbocharger Market, By Technology, Estimates and Forecast, 2014-2023 ($Million)
VGT/VNT
Wastegate
Twin Turbo
Automotive Turbocharger Market, By Fuel, Estimates and Forecast, 2014-2023 ($Million)
Gasoline
Diesel
Automotive Turbocharger Market, By Distribution Channel, Estimates and Forecast, 2014-2023 ($Million)
OEM
Aftermarket
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What makes our report unique?
1) An extensive research study on the Global Automotive Turbocharger market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Automotive Turbocharger market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
Major TOC of Automotive Turbocharger Market:
Part 1. Introduction
Part 2. Executive Summary
Part 3. Market Overview
Part 4. Market Analysis by Regions
Part 5. Automotive Turbocharger Market, By Application
Part 6. Automotive Turbocharger Market, By Services
Part 7. Automotive Turbocharger Market, By Product
Part 8. Automotive Turbocharger Market, By Region
Part 9. Company Profiles
Part 10. Global Automotive Turbocharger Market Competition, by Manufacturer
Part 11. Automotive Turbocharger Market Forecast (2018-2023)
…CONTINUED FOR TOC
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We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.
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