A new market study, titled “Discover Global Automotive Turbocharger Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
Global Automotive Turbocharger Market is expected to develop at a CAGR of XX% to attain market cost of USD XXXX million through 2025. The worldwide faster industry had 35 million turbocharged automobiles in 2015. Turbochargers are turbine-pushed forced induction devices that improving engines volumetric performance through increasing density of the consumption gas allowing greater energy per engine cycle. The turbocharger is utilized in vehicles including passenger vehicle, business vehicle and excessive responsibility automobile. The turbine in the turbocharger spins at speeds of up to 150,000 rotations consistent with minute i.E., about 30 times quicker than maximum vehicle engines can move.Global council on combustion engines (IMO) III regulation 2016 to lessen the precise Nitrogen Oxides (NOx) emissions (about -eighty% in comparison to the IMO I values) desires to be finished in the ECA’s (Emission manipulate areas). Sulphur-oxides (SOx) and particulate remember (PM) emissions are to be controlled via proscribing the sulphur content material of the fuel used in turbocharger machine.
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In larger turbocharger, reaching the boost threshold can provide an almost instantaneous surge in power, which could compromise tire traction or cause some instability of the car. This may downstream the global automotive turbocharger market.
The turbochargers get very hot and often tap into the engine’s oil supply. This calls for additional plumbing, and is more demanding on the engine oil. Superchargers typically do not require engine oil lubrication. This is a major restraint for the global automotive turbocharger market.
By turbocharger type
Exhaust-gas turbochargers enhance performance, increase speed and power as well as engine performance at the same time reducing fuel consumption and exhaust emissions.
Axial flow turbochargers are used in aircraft engines because of their large size and heavy weight, these are similar to gas turbochargers. With the fuel flow through the wheel in an axial direction, the axial flow turbocharger compresses air into increasingly smaller spaces using a series of impeller or axial compressor fans.
The radial flow turbochargers are most popular type for automotive applications, the gas inflow is centripetal and is directed from the outside in a radial direction. It has the ability to increase the power of an automobile up to 1,000 horsepower.
Turbocharger sales in the United States got a boost when the federal government’s corporate average fuel economy targets were raised to 35.5 mpg by 2016.
Europe is the leading region in terms of turbocharger adoption across light and commercial vehicles, exceeding 70% penetration by 2015.
The major players for global automotive turbocharger market are BorgWarner and Cummins, which collectively account for 77.3% of revenue 2017.
Key market segments covered
BY TURBOCHARGER TYPE
- Exhaust gas turbocharger
- Axial flow turbocharger
- Radial flow turbocharger
BY TECHNOLOGY TYPE
- Variable geometry turbocharger
- Waste gate
- Twin turbocharger
BY ENGINE TYPE
- Diesel engine
- Gasoline engine
BY VEHICLE TYPE
- Passenger car
- Commercial vehicle
- Heavy duty vehicle
BY SALES CHANNEL
- Asia Pacific
- North America
- South America
- Rest of the World
The automotive industry is diverse and ranges from OEMs and component manufacturers to commercial vehicle manufacturers and dealerships. The industry has the growth potential from the booming domestic and manufacturing markets in Russia, Brazil, China, and India, and other developing economies, to R&D of greener vehicle and fuels. The revenue for the automotive industry is likely to accelerate due to the improved economic conditions. The industry demand has also been lifted by improvements made on the technological front, in terms of entertainment and autonomous driving capabilities, and fuel efficiency. Manufacturers are highly emphasizing on increasing fuel efficiency due to consumer demand and strict government norms. With improved internet connectivity, better navigation systems, and advancements in safety features, the industry is gaining impetus.
Table of Contents
- GLOBAL AUTOMOTIVE TURBOCHARGER MARKET-SCOPE AND METHODOLOGY
- GLOBAL AUTOMOTIVE TURBOCHARGER MARKET –TRENDS AND DEVELOPMENTS
- INDUSTRY ANALYSIS
- GLOBAL AUTOMOTIVE TURBOCHARGER MARKET SEGMENTATION BY PRODUCT
- GLOBAL AUTOMOTIVE TURBOCHARGER MARKET – BY GEOGRAPHY
- COMPETITIVE LANDSCAPE
- COMPANY PROFILES
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