At 11.1% CAGR Turbocharger Market To Reach $19 Billion By 2022

“Turbocharger Market: Asia Pacific is the major region for the sales of turbocharger during 2014-2022”
According to MarketIntelReports, ‚ÄúTurbocharger Market 2022″, Research is segmented on the basis of technology, fuel type, end user, application, industry vertical and geography.

The turbocharger is an important part of internal combustion engine which improves the performance of the engine. The turbocharger increases the air intake using the ejected burnt air. The efficiency of an engine is enhanced using a turbocharger in the system. There is high scope for the Turbocharger Market in various regions across the globe during 2014-2022.

Browse 230 Pages and an in-depth TOC on Turbocharger Market 2022–aircrafts-heavy-duty-vehicles-and-locomotives-verticals-aerospace–defence-automotive-marine-and-agriculture–construction-and-enduser-oem-and-aftermarket–global-opportunity-analysis-and-industry-forecast-2014–2022


Scope and Regional Forecast of the Turbocharger Market:

In the Turbocharger Market, companies invest high capital for research and development of the turbocharger to enhance its advantages for improving the vehicle or engine performance and lessen the emitted pollutants into the environment.

North America is the prominent region in the Turbocharger Market with high demand for the turbochargers in automotive, industrial, marine and other types of end user activities. Europe is expected to have healthy growth in this market during 2014-2022.

Asia Pacific is the largest region in the Turbocharger Market with high scope of applications of the turbocharger. China and India are the major markets for the growth and development of this market during 2014-2022.

The Turbocharger Market is a fast growing market with high demand for the turbocharger and supercharger in various systems in end user industries in various regions across the globe. This market is expected to witness high growth owing to the increasing investment by turbocharger manufacturers for improving the turbocharger working and manufacturing turboparts for turbo turbine in vehicles, industries and marine applications, growth R&D for improving turbo performance in vehicles and other equipment and growing demand for marine turbocharger, turbocharger in diesel engine and turbocharger in car etc. in various regions across the globe during 2014-2022.

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Segmentation and Key Players of the Turbocharger Market:

The Turbocharger Market is segmented into various categories by technology, by fuel type, by end user, by application, by industry vertical and by geography as follows:

By technology: Twinturbo technology, Wastegate technology and Variable geometry technology

By fuel type: Diesel, Gasoline

By end user: OEM, Aftermarket

By application: Light commercial vehicles, Heavy commercial vehicles, Ships & aircraft, Heavy duty vehicles and Locomotive

By industry vertical: Aerospace & defense, Automotive, Marine and Agriculture & construction

By geography: North America, Europe, Asia Pacific and LAMEA (Latin America, Middle East and Africa)

The key players in the Turbocharger Market are as follows:

  • Bosch Mahle Turbo System GmbH & Co. KG
  • Continental AG
  • Mitsubishi Heavy Industries Ltd.
  • Cummins Inc.
  • Honeywell International Inc.

Growth in production of compressor wheel and other turbocharger parts is anticipated in Turbo Company during 2014-2022.

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