- 20 August 2019 16:05
Automotive Turbocharger Market Size & Share 2018-2026
Global automotive turbocharger market is expected to grow at a CAGR of around 10% from 2018 to 2026 and reach the market value of more than $25 billion by 2026.
A turbocharger, colloquially known as a turbo, is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra compressed air into the combustion chamber.This improvement over a naturally aspirated engine's power output is due to the fact that the compressor can force more air—and proportionately more fuel—into the combustion chamber than atmospheric pressure (and for that matter, ram air intakes) alone.
Turbochargers were originally known as turbosuperchargers when all forced induction devices were classified as superchargers. Today the term "supercharger" is typically applied only to mechanically driven forced induction devices. The key difference between a turbocharger and a conventional supercharger is that a supercharger is mechanically driven by the engine, often through a belt connected to the crankshaft, whereas a turbocharger is powered by a turbine driven by the engine's exhaust gas. Compared with a mechanically driven supercharger, turbochargers tend to be more efficient, but less responsive. Twincharger refers to an engine with both a supercharger and a turbocharger.
The global automotive turbocharger market is characterized by the presence of experienced and established players. Some of the key players include BorgWarner, Honeywell International Inc., BMTS Technology, Banks Power, Mitsubishi Heavy Industries, Linamar Corporation, Rotomaste and IHI Corporation. Market players are focusing on strategic acquisitions in order to expand their industry presence.
Global Automotive Turbocharger Market, By Vehicle: PCV,LCV,HCV
Global Automotive Turbocharger Market, By Technology: VGT/VNT,Wastegate,Twin turbo
Global Automotive Turbocharger Market, By Fuel: Gasoline,Diesel
Global Automotive Turbocharger Market, By Distribution Channel: OEM,Aftermarket
Global Automotive Turbocharger Market, by Geography: North America,Europe,Asia-Pacific,Latin America,Middle East and Africa (MEA)
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