Turbocharger Market by Vehicle Type (On-Highway (Passenger Car, LCV, & HCV), Off-Highway (Agricultural Tractors & Construction Vehicles)), Locomotive, Technology (VGT/VMT & Wastegate), Fuel Type (Gasoline & Diesel), & by Region - Forecast to 2020

Published: October 2015
No. of Pages: 185

Increasing demand for fuel efficiency in vehicles without compromising its power has generated the need of turbochargers in vehicles. Turbochargers can significantly increase engine power for minimum possible engine displacement. Increasing vehicle production across the globe and the trend for engine downsizing are estimated to be the main drivers propelling growth in the turbocharger industry. The global on-highway turbocharger market size in terms of value is projected to be at USD 22.1 million by 2020. This report covers the on-highway, off-highway, and locomotive turbocharger market on a global level. The on-highway turbocharger market has been analyzed by region, by technology, by fuel type, and by technology. The off-highway turbocharger market is studied by application, which includes agricultural tractors and construction vehicles (Articulated Dump Truck, Rigid Dump Truck, Loader, Crawler Dozer, Excavater, Asphalt Finisher, Motor Grader, Motor Scraper, RTLT-Masted, and RTLT-Telescopic). Apart from this, the global locomotive turbocharger market has been segmented by region into Asia-Oceania, Europe, North America, and RoW.

Turbocharger industry has huge growth potential, because the market is full of opportunities due to increasing penetration in gasoline engines and electric turbochargers. Almost all diesel vehicles are turbocharged, unlike their gasoline counterparts. However, turbochargers are now finding increasing applications in gasoline engines as well. This has made gasoline engine dominated countries such as China and the U.S., two of the fastest growing turbocharger markets. Electric turbochargers are projected to be the future of turbocharging, are they counter the problem of turbo lag.

The production of vehicles is projected to grow globally. This works as the major impetus for the turbocharger industry as well, turbocharger being an essential component. Turbochargers also facilitate engine downsizing, wherein the power of a given engine can be offered by smaller engine. Engine downsizing facilitates the reduction of vehicle weight as well, and improves fuel efficiency. These factors also drive the turbocharger market. The challenge for manufacturers is to come up with cost-efficient technologies that meet the growing need of emission norms and improved performance.

This report studies the drivers, restraints, opportunities, challenges, and key issues in the turbocharger market. Key players in the market have also been profiled along with their SWOT analysis. This report provides qualitative analysis of the turbocharger market in the form of Porter’s Five Force analysis and PEST analysis.

Reasons to buy this report

The report will enable both, established firms as well as new entrants/smaller firms to gauge the pulse of the market, which in turn helps these firms to gain a larger market share. Firms purchasing this report could use any one or a combination of the below-mentioned five strategies (market penetration, product development/innovation, market development, market diversification, and competitive assessment) to strengthen their position in the market.

The report provides insights with reference to the following points:

  • Product Development/Innovation: Detailed insights into upcoming technologies, R&D activities, and new product launches in the global turbocharger market.
  • Market Development: Comprehensive information about lucrative emerging markets. The report analyzes the markets for turbocharger across regions.
  • Market Diversification: Exhaustive information about new products, untapped markets, recent developments, and investments in the global turbocharger market.
  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of leading players in the global turbocharger market.

Published By: MarketsandMarkets
Product Code: MarketsandMarkets1310

Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: