Turbocharger Market
Turbocharger Market - Global Industry Assessment & Forecast
#
Pages:
148
2022
Apr - 2022
VMR-1467
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
Research Methodology: Turbocharger Market by Vehicle Type by Product Type by Fuel Type by Sales Channel by Actuators by Region - Global Market Assessment, 2021 - 2028
Secondary Research
Primary Research:
Data Triangulation and Market Size Estimations
Vantage Market
Research | 14-Apr-2022
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.
