Market Overview
“The Global Automotive Turbocharger Market is expected to grow at a CAGR of 9.58% during the forecasting period (2021-2028)”.
Turbochargers are turbine-driven forced induction devices that improve engines volumetric efficiency by increasing the density of the intake gas allowing more power per engine cycle. The turbocharger is used in vehicles such as passenger cars, commercial vehicles, and high duty vehicles.
The turbine in the turbocharger spins at speeds of up to 150,000 rotations per minute, i.e., about 30 times faster than most car engines can go.
Turbochargers are the most affordable green technology available, as it increases fuel efficiency in engine downsizing without compromising performance.
A turbo fitted to a small engine is equaled to the power of a large engine combined with fuel efficiency and improved emissions of a small engine it delivers up to 20% better fuel economy in vehicles with gasoline engines and up to 40% fuel savings on diesel engines.
International Council on combustion engines (IMO) III regulation 2016 to reduce the specific Nitrogen Oxides (NOx) emissions (about -80% compared to the IMO I values) needs to be achieved in the ECA’s (Emission Control Areas). Sulphur-oxides (Sox) and particulate matter (PM) emissions are to be controlled by limiting the sulfur content of the fuel used in the turbocharger system.
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Drivers
Fuel-efficiency regulations are driving the use of turbochargers in vehicles and boosting revenue for the Turbocharger manufacturing industry. This is driving the global automotive turbocharger market.
Rising consumer spending will also increase automotive production, leading to the greater implementation of turbochargers in fuel-efficient vehicles. This will further boost the market for a global automotive turbocharger in the forecast period.
Restraints
In a 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 be downstream from 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 significant restraint for the global automotive turbocharger market.
Market Segmentation
By Turbocharger Type
Exhaust gas turbocharger
Axial flow turbocharger
Radial flow turbocharger
By Technology Type
Variable geometry turbocharger
Wastegate
Twin turbocharger
Others
By Engine Type
Diesel engine
Gasoline engine
By Vehicle Type
Passenger car
Commercial vehicle
Heavy-duty vehicle
By Sales Channel
OEM
Aftermarket
By Region
Asia Pacific
Europe
North America
South America
Rest of the World
View full report: https://www.datamintelligence.com/research-report/automotive-turbocharger-market
Market Competitive
The major players for the global automotive turbocharger market are BorgWarner and Cummins, which collectively account for 77.3% of revenue in 2017. Cummins has developed a highly optimized mixed flow turbine stage and a revolutionary turbine exit diffuser design with wastegate flow control, and optimization of the compressor stage.
To improve the performance and efficiency of heavy-duty commercial wastegate turbochargers by using advanced computer modeling and real-world lab testing. This new approach has resulted in improvement in turbocharger efficiency by up to 6% and fuel efficiency of 1.5%.
Companies are BorgWarner Inc., Continental AG, Cummins Inc., Delphi Technologies PLC, Honeywell International Inc., Magnum Performance Turbos, Inc, Mitsubishi Heavy Industries, Ltd., Precision Turbo and Engine, IHI Turbo America
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Contact Information:
Sai Kiran Sales Manager at DataM Intelligence Email: [email protected] Tel: +1 877 441 4866 Website: www.datamintelligence.com
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