Automotive Turbocharger MARKET FORECASTS TO 2028 | DRIVERS AND OPPORTUNITIES | KEY PLAYER ANALYSIS BorgWarner Inc., Cummins Inc.

According to Stratistics MRC, the Global Automotive Turbocharger Market is accounted for $12.49 billion in 2022 and is expected to reach $21.65 billion by 2028 growing at a CAGR of 9.6% during the forecast period.

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The efficiency of the engine is increased by turbochargers, which are regarded as essential parts of modern automobiles. In order to power the turbine, the system uses engine exhaust gas produced during combustion. With the aid of a shaft, this turbine turns the compressor wheel. The outside air is drawn in, compressed, and sent to the engine via the compressor wheel. With more power and fuel savings, the compressed air burns the fuel more effectively.

Europe is projected to have the highest CAGR over the forecast period, owing to the quick adoption of sophisticated technologies in turbochargers. Additionally, strict rules and requirements have been implemented by the Environmental Protection Agency (EPA) in the United States to limit fuel emission. The government has made it mandatory for automakers to create cleaner, more fuel-efficient engines. European advances like engine remapping and performance tuning for automobiles are gaining momentum, and manufacturers are responding by incorporating these trends into the creation of better car turbochargers which drives the market growth in this region.

Vehicle Types Covered:
• Passenger
• Light Commercial Vehicles
• Trucks
• Buses & Couches
• Off-Road Vehicles
• Industrial Vehicles

Engine Types Covered:
• Gasoline
• Diesel
• Other Engine Types

Operations Covered:
• Conventional Turbocharger
• E-Turbocharger

Materials Covered:
• Cast Iron
• Aluminum
• Other Materials

Technologies Covered:
• Variable Geometry Turbocharger
• Wastegate Turbocharger
• Electric Turbocharger
• Other Technologies

Sales Channel Types Covered:
• Replacement/Aftermarket

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o Qatar
o South Africa
o Rest of Middle East & Africa

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