Turbocharger Market
Turbocharger Market - Global Industry Assessment & Forecast
Segments Covered
- By Vehicle Type Passenger Car, LCV, HCV, Agricultural Machinery, Construction Machinery
- By Product Type Wastegate, Variable-geometry Technology, Twin Turbo
- By Fuel Type Gasoline, Diesel
- By Sales Channel OEM, Aftermarket
- By Actuators Hydraulic, Pneumatic, Electric
- By Region North America, Europe, Asia Pacific, Latin America, Middle East adn Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 17814.12 Million |
Revenue 2030: | USD 26119.71 Million |
Revenue CAGR (2023 - 2030): | 4.90% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Turbocharger Market Segment Analysis
- Turbocharger Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Turbocharger Product Type Outlook (Revenue, USD Million, 2018 - 2030)
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Turbocharger Fuel Type Outlook (Revenue, USD Million, 2018 - 2030)
- Gasoline
- Diesel
- Turbocharger Sales Channel Outlook (Revenue, USD Million, 2018 - 2030)
- OEM
- Aftermarket
- Turbocharger Actuators Outlook (Revenue, USD Million, 2018 - 2030)
- Hydraulic
- Pneumatic
- Electric
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
-
North America Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
-
North America Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
-
North America Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
-
North America Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- U.S.
- U.S. Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- U.S. Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- U.S. Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- U.S. Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- U.S. Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- U.S. Turbocharger Market, by Vehicle Type
- Canada
- Canada Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Canada Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Canada Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Canada Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Canada Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Canada Turbocharger Market, by Vehicle Type
-
Mexico
- Mexico Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Mexico Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Mexico Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Mexico Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Mexico Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Mexico Turbocharger Market, by Vehicle Type
-
North America Turbocharger Market, by Vehicle Type
- Europe
-
Europe Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
-
Europe Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
-
Europe Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
-
Europe Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
-
Europe Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- U. K.
- U.K. Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- U.K. Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- U.K. Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- U.K. Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- U.K. Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- U.K. Turbocharger Market, by Vehicle Type
- France
- France Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- France Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- France Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- France Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- France Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- France Turbocharger Market, by Vehicle Type
-
Germany
- Germany Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Germany Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Germany Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Germany Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Germany Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Germany Turbocharger Market, by Vehicle Type
-
Italy
- Italy Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Italy Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Italy Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Italy Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Italy Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Italy Turbocharger Market, by Vehicle Type
-
Spain
- Spain Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Spain Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Spain Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Spain Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Spain Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Spain Turbocharger Market, by Vehicle Type
-
Rest of Europe
- Rest of Europe Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Rest of Europe Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Rest of Europe Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Rest of Europe Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Europe Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Rest of Europe Turbocharger Market, by Vehicle Type
-
Europe Turbocharger Market, by Vehicle Type
- Asia Pacific
-
Asia Pacific Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
-
Asia Pacific Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
-
Asia Pacific Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
-
Asia Pacific Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
-
Asia Pacific Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- China
- China Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- China Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- China Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- China Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- China Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- China Turbocharger Market, by Vehicle Type
- Japan
- Japan Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Japan Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Japan Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Japan Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Japan Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Japan Turbocharger Market, by Vehicle Type
-
Germany
- Germany Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Germany Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Germany Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Germany Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Germany Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Germany Turbocharger Market, by Vehicle Type
-
India
- India Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- India Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- India Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- India Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- India Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- India Turbocharger Market, by Vehicle Type
-
South Korea
- South Korea Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- South Korea Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- South Korea Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- South Korea Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- South Korea Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- South Korea Turbocharger Market, by Vehicle Type
-
South East Asia
- South East Asia Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- South East Asia Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- South East Asia Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- South East Asia Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- South East Asia Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- South East Asia Turbocharger Market, by Vehicle Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Rest of Asia Pacific Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Rest of Asia Pacific Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Rest of Asia Pacific Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Asia Pacific Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Rest of Asia Pacific Turbocharger Market, by Vehicle Type
-
Asia Pacific Turbocharger Market, by Vehicle Type
- Latin America
-
Latin America Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
-
Latin America Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
-
Latin America Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
-
Latin America Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
-
Latin America Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Brazil
- Brazil Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Brazil Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Brazil Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Brazil Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Brazil Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Brazil Turbocharger Market, by Vehicle Type
- Argentina
- Argentina Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Argentina Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Argentina Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Argentina Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Argentina Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Argentina Turbocharger Market, by Vehicle Type
-
Rest of Latin America
- Rest of Latin America Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Rest of Latin America Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Rest of Latin America Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Rest of Latin America Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Latin America Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Rest of Latin America Turbocharger Market, by Vehicle Type
-
Latin America Turbocharger Market, by Vehicle Type
- Middle East & Africa
-
Middle East & Africa Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
-
Middle East & Africa Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
-
Middle East & Africa Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
-
Middle East & Africa Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
-
Middle East & Africa Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- GCC Countries
- GCC Countries Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- GCC Countries Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- GCC Countries Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- GCC Countries Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- GCC Countries Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- GCC Countries Turbocharger Market, by Vehicle Type
- South Africa
- South Africa Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- South Africa Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- South Africa Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- South Africa Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- South Africa Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- South Africa Turbocharger Market, by Vehicle Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Turbocharger Market, by Vehicle Type
- Passenger Car
- LCV
- HCV
- Agricultural Machinery
- Construction Machinery
- Rest of Middle East & Africa Turbocharger Market, by Product Type
- Wastegate
- Variable-geometry Technology
- Twin Turbo
- Rest of Middle East & Africa Turbocharger Market, by Fuel Type
- Gasoline
- Diesel
- Rest of Middle East & Africa Turbocharger Market, by Sales Channel
- OEM
- Aftermarket
- Rest of Middle East & Africa Turbocharger Market, by Actuators
- Hydraulic
- Pneumatic
- Electric
- Rest of Middle East & Africa Turbocharger Market, by Vehicle Type
-
Middle East & Africa Turbocharger Market, by Vehicle Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Turbocharger in terms of revenue?
-
The global Turbocharger valued at USD 17814.12 Million in 2022 and is expected to reach USD 26119.71 Million in 2030 growing at a CAGR of 4.90%.
Which are the prominent players in the market?
-
The prominent players in the market are Honeywell International Inc. (Garret Advancing Motion) BorgWarner Inc. IHI Corporation Cummins Inc. Bosch Mahle Turbo Systems GmbH & Co Eaton Corporation plc Weifang FuYuan Turbochargers Co., Ltd. Mitsubishi Heavy Industries Continental AG.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.90% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Turbocharger include
- Decrease in NOx emission limits in upcoming emission regulations
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Turbocharger in 2022.