조사회사 : MarketsandMarkets (마켓츠앤마켓츠) 출판년월 : 2024년04월
Automotive Turbocharger Market – Global Forecast to 2030
자동차용 터보차저 시장 : 디젤 및 가솔린 터보 (VGT, 웨스트 게이트, 전자 터보), 구성 요소 (터빈 휠, 압축기 휠, 하우징), 재료, 고속도로 장비, 차량 유형, 연료 유형, 애프터 마켓 및 지역별 – 2030년까지의 세계 예측
Automotive Turbocharger Market by Diesel & Gasoline Turbo (VGT, Wastegate, e-Turbo), Component (Turbine Wheel, Compressor Wheel, Housing), Material, Off-Highway Equipment, Vehicle Type, Fuel Type, Aftermarket and Region – Global Forecast to 2030
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Report Overview
The automotive turbocharger market is projected to grow from USD 15.2 billion in 2024 to USD 22.9 billion by 2030, at a CAGR of 7.1%.
자동차용 터보차저 시장은 2024년 152억 달러에서 2030년까지 229억 달러까지 CAGR 7.1%로 성장할 것으로 예측됩니다.
The global automotive turbocharger market has experienced steady growth in recent years. Factors such as stringent emissions regulations, growing demand for TGDI (Turbocharged Gasoline Direct Injection) technology, and demand for more fuel-efficient vehicles have fueled the advancement in automotive turbocharger technology. Turbochargers are widely used in gasoline and diesel engines to increase power output, improve fuel efficiency, and meet emission limits. As automobile manufacturers and tier-1 suppliers prioritize fuel efficiency, emissions reduction, and performance, the development of automotive turbocharger technology is expected to play a vital role in the coming years.
“Gasoline passenger cars are leading the global automotive turbocharger market during the forecast period.”
Owing to the growing focus on a cleaner environment, OEMs have shifted from diesel to gasoline-passenger cars. This shift is not predominantly observed in the commercial vehicle segment. For instance, according to ACEA, the EU had 36.7% gasoline vehicles, which decreased to ~16% in 2022. Further, growing demand for passenger cars with gasoline engines is observed as there are stricter emission regulations on diesel engines and there is a decline in the growth of diesel-powered engines. Turbocharged GDI engines offer several advantages such as optimized fuel and combustion efficiency. These enhanced GDI engines, with advanced engine design and turbocharging technology, have allowed OEMs to achieve higher levels of fuel efficiency while maintaining a consistent power and torque output. Europe has been at the forefront of gasoline-turbocharged vehicles in recent years. According to ACEA statistics, European gasoline cars grew by 10.6% compared to the previous year, with significant growth in key countries such as Italy (+24.9%) and Germany (+16.1%). The Asia Pacific and North American countries also noticed a sharp increase and are expected to maintain an upward trend. As gasoline engines are generally less expensive to manufacture and maintain than diesel engines with high-power output, the demand for an efficient and economical option with gasoline vehicles will continue to dominate in the coming future.
“E-turbochargers are projected to be the fastest growing turbocharger type by 2030.”
The advent of electric turbochargers with advanced technological capabilities has shown a significant adoption rate in internal combustion engines with hybrid powertrains. The electric turbochargers boost torque at lower engine speeds, enhancing agility and optimizing acceleration, particularly from a standstill condition of the vehicle. An electric turbocharger can be operational with a 48 V battery architecture, eliminates turbo lag with reduced emissions, and improves fuel efficiency. The electric turbocharger has huge potential, which is why it can be installed in light-duty vehicles (LDVs) and heavy commercial vehicles. For instance, the Mercedes-AMG SL 43 convertible, Mercedes-Benz S-Class, Mercedes-Benz S450, Audi SQ7, and Volvo XC90 T6 are some vehicle models offered with e-turbochargers. Although e-turbochargers cost more than wastegate and VGT technology, their application is limited to premium vehicles only. However, with the rising demand for hybrid vehicles within the premium price bracket, the demand for these vehicles installed with e-turbochargers will spur in the future, subsequently striving for the growth of the e-turbocharger market.
“Europe is the second largest automotive turbocharger market.”
Europe has been at the forefront of turbocharger adoption for several years. Stringent emissions regulations and the demand for smaller, more fuel-efficient engines without compromising performance have driven the widespread adoption of turbocharging technology. Prominent OEMs such as Volkswagen AG, Mercedes-Benz, BMW, Stellantis N.V., and Renault have restricted the production of diesel passenger vehicles, thereby promoting the sales of gasoline and, electric and hybrid vehicles. This will prompt the growth of turbocharger technology installed in the GDI engines, mild-hybrid, and electric passenger cars. On the other hand, a majority of LCVs and heavy commercial vehicles are still diesel-powered. According to ACEA publication 2023, light commercial vehicles, trucks, and buses are still dominant in the EU, with >90% of the fleets running on diesel. This demonstrates the strong position of diesel-powered vehicles in the commercial vehicle segment, and this trend is speculated to be constant during the reviewed period. This will propel the growth of diesel turbochargers in the region.
The break-up of the profile of primary participants in the automotive turbocharger market:
• By Company Type: Tier 1 – 60%, Tier 2 –40 %
• By Designation: C Level – 60%, Director Level – 20%, Others – 20%
• By Region: North America– 50%, Europe – 35%, Asia Pacific – 15%.
Prominent companies include BorgWarner Inc. (US), Garrett Motion Inc. (US), Mitsubishi Heavy Industries (Japan), IHI Corporation (Japan), and Cummins Inc. (US) are the leading manufacturers of automotive turbochargers in the global market.
Research Coverage:
This research report categorizes the Automotive turbocharger market by vehicle type (passenger car, LCV, trucks, buses), fuel type (diesel, gasoline, alternate fuel), diesel by turbo type (VGT, Wastegate, E-turbo), gasoline by turbo type (VGT, Wastegate, E-turbo), gasoline by vehicle type (passenger car, LCV, trucks, buses), by material (cast iron, aluminum, others), by component (turbine wheel, compressor wheel, housing), off-highway by application (agricultural tractors, construction equipment, mining equipment), aftermarket by vehicle type (LCV, HCV), by region (Asia Pacific, North America, Europe, Rest of the World). The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the automotive turbocharger market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, recession impact, and recent developments associated with the automotive turbocharger market. This report covers the competitive analysis of upcoming startups in the automotive turbocharger market ecosystem.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall automotive turbocharger market and the subsegments. The report includes a comprehensive market share analysis, supply chain analysis, extensive lists and insights into component manufacturers, chapter segmentation based on materials, a thorough supply chain analysis, and a competitive landscape. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of key drivers (Decrease in NOx emission limit in upcoming emission norms regulation, increase in demand for passenger cars with gasoline engines), restraints (High maintenance cost and more amount of cooling oil requirement and increase in adoption of electric vehicles), opportunities (Development of electric turbochargers), and challenges (Turbo lag and durable, economical, and temperature resistance material requirement) are influencing the growth of the automotive turbocharger market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the automotive turbocharger market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the automotive turbocharger market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the automotive turbocharger market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BorgWarner Inc. (US), Garrett Motion Inc. (US), Mitsubishi Heavy Industries Ltd. (Japan), IHI Corporation (Japan), and Cummins Inc. (US) among others in the automotive turbocharger market.
The report also helps stakeholders understand the pulse of the automotive micro-mobility market & electric vehicle market by providing them with information on key market drivers, restraints, challenges, and opportunities.
Table of Contents
1 INTRODUCTION 30
1.1 STUDY OBJECTIVES 30
1.2 MARKET DEFINITION 31
1.3 INCLUSIONS AND EXCLUSIONS 31
1.4 MARKET SCOPE 32
FIGURE 1 AUTOMOTIVE TURBOCHARGER MARKET SEGMENTATION 32
1.4.1 REGIONS COVERED 33
1.4.2 YEARS CONSIDERED 33
1.5 CURRENCY CONSIDERED 33
1.6 STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 34
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 RESEARCH DESIGN 36
FIGURE 3 RESEARCH METHODOLOGY MODEL 37
2.1.1 SECONDARY DATA 37
2.1.1.1 Key secondary sources referred to for vehicle production 38
2.1.1.2 Key secondary sources referred to for market sizing 39
2.1.1.3 Key data from secondary sources 39
2.1.2 PRIMARY DATA 40
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 40
2.1.2.1 List of primary participants 41
2.2 MARKET SIZE ESTIMATION 41
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 42
2.2.1 BOTTOM-UP APPROACH (ON-HIGHWAY VEHICLES) 43
FIGURE 6 AUTOMOTIVE TURBOCHARGER MARKET ESTIMATION: APPROACH 1 – BOTTOM-UP 43
2.2.2 BOTTOM-UP APPROACH (OFF-HIGHWAY EQUIPMENT) 43
FIGURE 7 OFF-HIGHWAY AUTOMOTIVE TURBOCHARGER MARKET ESTIMATION: BOTTOM-UP APPROACH 43
2.2.3 TOP-DOWN APPROACH 44
FIGURE 8 AUTOMOTIVE TURBOCHARGER MARKET ESTIMATION, BY MATERIAL: TOP-DOWN APPROACH 44
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 45
FIGURE 9 DATA TRIANGULATION 45
2.4 FACTOR ANALYSIS 46
2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 46
2.5 RESEARCH ASSUMPTIONS AND RISK ANALYSIS 47
2.6 RESEARCH LIMITATIONS 49
2.7 RECESSION IMPACT ANALYSIS 49
3 EXECUTIVE SUMMARY 51
3.1 REPORT SUMMARY 51
FIGURE 10 AUTOMOTIVE TURBOCHARGER MARKET OUTLOOK 51
FIGURE 11 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 52
4 PREMIUM INSIGHTS 55
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE TURBOCHARGER MARKET 55
FIGURE 12 STRINGENT EMISSION AND FUEL ECONOMY REGULATIONS TO DRIVE MARKET 55
4.2 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE 55
FIGURE 13 PASSENGER CAR SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 55
4.3 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE 56
FIGURE 14 ALTERNATIVE FUEL/CNG TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 56
4.4 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE 56
FIGURE 15 VGT TO BE LEADING SEGMENT DURING FORECAST PERIOD 56
4.5 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE 57
FIGURE 16 PASSENGER CAR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 57
4.6 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE 57
FIGURE 17 E-TURBO TO BE FASTEST-GROWING SEGMENTING FORECAST PERIOD 57
4.7 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL 58
FIGURE 18 CAST IRON MATERIAL TO DOMINATE MARKET DURING FORECAST PERIOD 58
4.8 OFF-HIGHWAY AUTOMOTIVE TURBOCHARGER MARKET, BY APPLICATION 58
FIGURE 19 AGRICULTURAL TRACTORS APPLICATION TO LEAD MARKET DURING FORECAST PERIOD 58
4.9 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE 59
FIGURE 20 LCV SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 59
4.10 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION 59
FIGURE 21 ASIA PACIFIC TO DOMINATE MARKET IN 2024 59
5 MARKET OVERVIEW 60
5.1 INTRODUCTION 60
5.2 MARKET DYNAMICS 61
FIGURE 22 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 61
5.2.1 DRIVERS 62
5.2.1.1 Strict laws related to NOx and CO2 emission levels 62
TABLE 1 OVERVIEW OF EMISSION REGULATION SPECIFICATIONS FOR PASSENGER CARS, 2017–2023 63
TABLE 2 EMISSION NORMS FOR PASSENGER CARS, BY COUNTRY 64
FIGURE 23 EUROPE: CHANGE IN EMISSION LIMITS 64
FIGURE 24 INDIA: CHANGE IN EMISSION LIMITS 65
FIGURE 25 CHINA: CHANGE IN EMISSION LIMITS 65
5.2.1.2 Increasing demand for passenger cars with gasoline engines 66
FIGURE 26 PASSENGER CAR TRENDS IN EUROPE, BY FUEL TYPE, 2023–2030 (VOLUME SHARE) 67
5.2.2 RESTRAINTS 68
5.2.2.1 High maintenance costs and cooling oil requirements 68
5.2.2.2 Increasing adoption of electric vehicles 69
FIGURE 27 ELECTRIC VEHICLE SALES, BY VEHICLE TYPE, 2019 VS. 2030 70
5.2.3 OPPORTUNITIES 71
5.2.3.1 Development of electric turbochargers 71
5.2.4 CHALLENGES 72
5.2.4.1 Turbo lag 72
5.2.4.2 Availability of very few materials to withstand high temperature of turbocharger components 73
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 74
FIGURE 28 UPCOMING EMISSION REGULATIONS TO SHIFT FOCUS TO TURBOCHARGED GASOLINE ENGINES AND ELECTRIC PROPULSION 74
5.4 ECOSYSTEM ANALYSIS 75
FIGURE 29 ECOSYSTEM ANALYSIS 75
5.4.1 TURBOCHARGER COMPONENT MANUFACTURERS 76
5.4.2 TURBOCHARGER MANUFACTURERS 76
5.4.3 OEMS 76
TABLE 3 ROLE OF COMPANIES IN ECOSYSTEM 76
5.5 SUPPLY CHAIN ANALYSIS 77
FIGURE 30 SUPPLY CHAIN ANALYSIS 77
5.6 PATENT ANALYSIS 78
5.6.1 INTRODUCTION 78
FIGURE 31 PATENT ANALYSIS 78
5.6.2 LIST OF MAJOR PATENTS 79
TABLE 4 INNOVATIONS AND PATENT REGISTRATIONS 79
5.7 PRICING ANALYSIS 83
5.7.1 TURBO TYPE, BY REGION 83
TABLE 5 AVERAGE REGIONAL PRICE TREND: BY TURBO TYPE AND REGION (USD/UNIT), 2020−2024 83
FIGURE 32 AVERAGE SELLING PRICE TREND, BY TURBO TYPE, 2020−2024 83
5.7.2 VEHICLE TYPE, BY REGION 84
TABLE 6 AVERAGE REGIONAL PRICE TREND: BY VEHICLE TYPE, BY REGION (USD/UNIT), 2020−2024 84
5.8 CASE STUDY ANALYSIS 84
5.8.1 DEVELOPMENT OF EBOOSTER TECHNOLOGY BY BORGWARNER TO REDUCE EMISSIONS 84
5.8.2 DEVELOPMENT OF HIGH-EFFICIENCY GAS ENGINE WITH TWO-STAGE TURBOCHARGING SYSTEM BY MITSUBISHI HEAVY INDUSTRIES LTD 85
5.8.3 GARRETT MOTION DEVELOPED E-TURBOCHARGERS FOR PASSENGER CARS 85
5.8.4 DEVELOPMENT OF KEY TECHNOLOGY FOR EU7– HYBRIDIZED POWERTRAIN BY GARRETT 86
5.8.5 TURBOCHARGER HOUSING DESIGN BY IHI CORPORATION 86
5.8.6 DEVELOPMENT OF NATURAL GAS TURBOCHARGER TECHNOLOGY BY CUMMINS TURBO TECHNOLOGIES 86
5.9 TECHNOLOGY ANALYSIS 87
5.9.1 KEY TECHNOLOGIES 87
5.9.1.1 Electric turbochargers 87
5.9.1.2 Two-stage turbochargers 88
5.9.2 ADJACENT TECHNOLOGY 88
5.9.2.1 Turbocharger speed sensors 88
5.10 REGULATORY LANDSCAPE 89
5.10.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
TABLE 7 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 89
TABLE 8 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 90
TABLE 9 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 91
TABLE 10 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 92
5.10.2 EMISSION REGULATIONS 92
5.10.2.1 On-road vehicles 92
TABLE 11 TIMELINE OF EURO REGULATIONS FOR HEAVY-DUTY ENGINES AND PASSENGER VEHICLES 92
TABLE 12 HISTORICAL OVERVIEW OF ON-ROAD VEHICLE EMISSION REGULATIONS FOR PASSENGER CARS, 2016–2021 93
FIGURE 33 ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR HEAVY-DUTY VEHICLES, 2019–2030 93
5.10.2.2 Non-road mobile machinery (NRMM) emission regulation outlook 94
FIGURE 34 NRMM EMISSION REGULATION OUTLOOK, OFF-HIGHWAY VEHICLES, 2019–2030 94
5.11 FUEL ECONOMY NORMS 95
5.11.1 US 95
TABLE 13 US: CAFE STANDARDS FOR EACH MODEL YEAR IN MILES PER GALLON, 2019−2025 95
5.11.2 EUROPE 95
5.11.3 CHINA 96
TABLE 14 CHINA: CHINA 6A AND 6B STANDARD, 2021 ONWARDS 96
5.11.4 INDIA 97
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 97
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
FIGURE 35 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP VEHICLE TYPES 97
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP VEHICLE TYPES 98
5.12.2 BUYING CRITERIA 98
FIGURE 36 KEY BUYING CRITERIA FOR TOP TURBO TYPES 98
TABLE 16 KEY BUYING CRITERIA FOR TOP TURBO TYPES 99
5.13 KEY CONFERENCES AND EVENTS 99
TABLE 17 KEY CONFERENCES AND EVENTS, 2024−2025 99
5.14 TRADE DATA ANALYSIS 100
5.14.1 IMPORT DATA 100
TABLE 18 US: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD) 100
TABLE 19 CHINA: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD) 100
TABLE 20 JAPAN: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD) 100
TABLE 21 GERMANY: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD) 101
TABLE 22 FRANCE: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD) 101
5.14.2 EXPORT DATA 101
TABLE 23 US: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD) 101
TABLE 24 CHINA: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD) 102
TABLE 25 JAPAN: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD) 102
TABLE 26 INDIA: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD) 102
TABLE 27 GERMANY: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD) 103
TABLE 28 FRANCE: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD) 103
5.15 IMPACT OF REGULATIONS/TRADE AGREEMENTS ON AUTOMOTIVE TURBOCHARGER MARKET, BY REGION 103
5.15.1 NORTH AMERICA 103
5.15.1.1 United States-Mexico-Canada Agreement (USMCA) 103
5.15.1.2 Investment summary 104
5.15.1.3 Impact on automotive components, including turbochargers 105
5.15.2 ASIA PACIFIC 105
5.15.2.1 Regional Comprehensive Economic Partnership (RCEP) 105
5.15.2.2 Japan-ASEAN Free Trade Agreement (JAEPA) 106
5.15.2.3 Make in India 106
5.15.3 EUROPE 107
5.15.3.1 EU-Japan Economic Partnership Agreement (EPA) 107
5.16 INVESTMENT SCENARIO 107
FIGURE 37 INVESTMENT SCENARIO, 2020−2024 108
TABLE 29 LIST OF FEW FUNDING IN 2020−2021 108
6 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE 109
6.1 INTRODUCTION 110
FIGURE 38 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2024 VS. 2030 110
TABLE 30 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 110
TABLE 31 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 111
TABLE 32 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 111
TABLE 33 AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 111
6.2 VARIABLE GEOMETRY TURBOCHARGER (VGT) 112
6.2.1 RISING DEMAND FOR TECHNOLOGIES OFFERING HIGH EFFICIENCY AND LOW CARBON EMISSION TO DRIVE MARKET 112
TABLE 34 VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 112
TABLE 35 VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 112
TABLE 36 VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 113
TABLE 37 VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 113
6.3 WASTEGATE TURBOCHARGER 113
6.3.1 INCREASING DEMAND FOR SMALL CARS IN ASIA PACIFIC TO DRIVE MARKET 113
TABLE 38 WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 114
TABLE 39 WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 114
TABLE 40 WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 114
TABLE 41 WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 115
6.4 ELECTRIC TURBOCHARGER (E-TURBO) 115
6.4.1 INCREASING USE OF MILD HYBRID VEHICLES TO DRIVE MARKET 115
TABLE 42 E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 116
TABLE 43 E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 116
TABLE 44 E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 116
TABLE 45 E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 117
6.5 VARIABLE TWIN-SCROLL TURBOCHARGER 117
6.6 TWIN TURBOCHARGER 118
6.6.1 TWO-STAGE SERIES TURBOCHARGER 118
6.6.2 TWO-STAGE PARALLEL TURBOCHARGER 118
6.6.3 TWIN-SCROLL TURBOCHARGER 118
6.7 FREE-FLOATING TURBOCHARGER 119
6.8 DOUBLE AXLE TURBOCHARGER 119
6.9 PRIMARY INSIGHTS 119
7 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE 120
7.1 INTRODUCTION 121
FIGURE 39 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2024 VS. 2030 121
TABLE 46 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 121
TABLE 47 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 122
TABLE 48 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 122
TABLE 49 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 122
7.2 VARIABLE GEOMETRY TURBOCHARGER/VARIABLE NOZZLE TURBOCHARGER (VGT/VNT) 123
7.2.1 INCREASING DEMAND FOR HIGH-PERFORMANCE VEHICLES TO DRIVE MARKET 123
TABLE 50 VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 123
TABLE 51 VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 123
TABLE 52 VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 124
TABLE 53 VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 124
7.3 WASTEGATE TURBOCHARGER 125
7.3.1 NEED FOR SMALLER AND MORE EFFICIENT ENGINES TO DRIVE MARKET 125
TABLE 54 WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 125
TABLE 55 WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 125
TABLE 56 WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 126
TABLE 57 WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 126
7.4 ELECTRIC TURBOCHARGER (E-TURBO) 126
7.4.1 ENGINE DOWNSIZING TO IMPROVE FUEL EFFICIENCY AND REDUCE EMISSIONS TO DRIVE MARKET 126
TABLE 58 E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 127
TABLE 59 E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 127
TABLE 60 E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 127
TABLE 61 E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 128
7.5 VARIABLE TWIN-SCROLL TURBOCHARGER 128
7.6 TWIN TURBOCHARGER 129
7.6.1 TWO-STAGE SERIES TURBOCHARGER 129
7.6.2 TWO-STAGE PARALLEL TURBOCHARGER 129
7.6.3 TWIN-SCROLL TURBOCHARGER 129
7.7 PRIMARY INSIGHTS 130
8 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE 131
8.1 INTRODUCTION 132
FIGURE 40 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024 VS, 2030 132
TABLE 62 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 132
TABLE 63 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 133
TABLE 64 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 133
TABLE 65 AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 133
8.2 PASSENGER CAR 134
8.2.1 CONSUMER PREFERENCES AND ADVANCEMENTS IN TECHNOLOGY TO DRIVE MARKET 134
TABLE 66 PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 134
TABLE 67 PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 135
TABLE 68 PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 135
TABLE 69 PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 135
8.3 LIGHT COMMERCIAL VEHICLE (LCV) 136
8.3.1 LOWER UPFRONT COSTS OF LCVS WITH GASOLINE ENGINES TO DRIVE MARKET 136
TABLE 70 LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 136
TABLE 71 LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 137
TABLE 72 LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 137
TABLE 73 LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 137
8.4 PRIMARY INSIGHTS 138
9 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE 139
9.1 INTRODUCTION 140
FIGURE 41 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024 VS. 2030 140
TABLE 74 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 140
TABLE 75 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 141
TABLE 76 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 141
TABLE 77 AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 141
9.2 PASSENGER CAR 142
9.2.1 TREND FOR SMALLER AND MORE FUEL-EFFICIENT GASOLINE ENGINES TO DRIVE MARKET 142
TABLE 78 PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 142
TABLE 79 PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 143
TABLE 80 PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 143
TABLE 81 PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 143
9.3 LIGHT COMMERCIAL VEHICLE (LCV) 144
9.3.1 GROWING PRODUCTION OF LCVS WITH DIESEL ENGINES TO DRIVE MARKET 144
TABLE 82 LCV TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 144
TABLE 83 LCV TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 144
TABLE 84 LCV TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 145
TABLE 85 LCV TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 145
9.4 TRUCK 145
9.4.1 GROWTH IN CONSTRUCTION AND TRANSPORTATION INDUSTRIES TO DRIVE MARKET 145
TABLE 86 TRUCK TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 146
TABLE 87 TRUCK TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 146
TABLE 88 TRUCK TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 146
TABLE 89 TRUCK TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 147
9.5 BUS 147
9.5.1 INCREASE IN DEMAND FOR PUBLIC AND PRIVATE TRANSPORTATION TO DRIVE MARKET 147
TABLE 90 BUS TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 148
TABLE 91 BUS TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 148
TABLE 92 BUS TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 148
TABLE 93 BUS TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 149
9.6 PRIMARY INSIGHTS 149
10 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE 150
10.1 INTRODUCTION 151
FIGURE 42 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2024 VS. 2030 (USD MILLION) 151
TABLE 94 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2023 (THOUSAND UNITS) 152
TABLE 95 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2024–2030 (THOUSAND UNITS) 152
TABLE 96 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2023 (USD MILLION) 152
TABLE 97 AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2024–2030 (USD MILLION) 152
10.2 DIESEL 153
10.2.1 INCREASING DEMAND FOR HEAVY COMMERCIAL VEHICLES TO DRIVE MARKET 153
TABLE 98 DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 153
TABLE 99 DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 154
TABLE 100 DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 154
TABLE 101 DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 154
10.3 GASOLINE 155
10.3.1 ABILITY TO INCREASE ENGINE EFFICIENCY AND DECREASE FUEL USE TO DRIVE MARKET 155
TABLE 102 GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 155
TABLE 103 GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 155
TABLE 104 GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 156
TABLE 105 GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 156
10.4 ALTERNATIVE FUEL/CNG 156
10.4.1 CHANGING GOVERNMENT REGULATIONS TO DRIVE MARKET 156
TABLE 106 ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 157
TABLE 107 ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 157
TABLE 108 ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 157
TABLE 109 ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 158
10.5 PRIMARY INSIGHTS 158
11 AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT 159
11.1 INTRODUCTION 160
FIGURE 43 AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2024 VS. 2030 160
TABLE 110 AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2019–2023 (THOUSAND UNITS) 160
TABLE 111 AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2024–2030 (THOUSAND TONS) 161
TABLE 112 AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2019–2023 (USD MILLION) 161
TABLE 113 AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2024–2030 (USD MILLION) 161
11.2 TURBINE WHEEL 162
11.2.1 GROWING DEMAND FOR LDVS TO DRIVE MARKET 162
TABLE 114 TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 162
TABLE 115 TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 162
TABLE 116 TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 163
TABLE 117 TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 163
11.3 COMPRESSOR WHEEL 163
11.3.1 ADDITIVE MANUFACTURING TO DRIVE MARKET 163
TABLE 118 COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 164
TABLE 119 COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 164
TABLE 120 COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 164
TABLE 121 COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 164
11.4 HOUSING 165
11.4.1 LDV SEGMENT TO DRIVE MARKET 165
TABLE 122 HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 165
TABLE 123 HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 165
TABLE 124 HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 166
TABLE 125 HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 166
11.5 PRIMARY INSIGHTS 166
12 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL 167
12.1 INTRODUCTION 168
FIGURE 44 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2024 VS. 2030 168
TABLE 126 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2019–2023 (THOUSAND TONS) 168
TABLE 127 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2024–2030 (THOUSAND TONS) 169
TABLE 128 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2019–2023 (USD MILLION) 169
TABLE 129 AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2024–2030 (USD MILLION) 169
12.2 CAST IRON 170
12.2.1 GROWING DEMAND FOR COST-EFFECTIVE AND HEAT-RESISTANT MATERIALS TO DRIVE MARKET 170
TABLE 130 CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND TONS) 170
TABLE 131 CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND TONS) 170
TABLE 132 CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 171
TABLE 133 CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 171
12.3 ALUMINUM 171
12.3.1 INCREASING USE OF ALUMINUM TURBINE HOUSING IN LDVS TO DRIVE MARKET 171
TABLE 134 ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND TONS) 172
TABLE 135 ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND TONS) 172
TABLE 136 ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 172
TABLE 137 ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 172
12.4 OTHER MATERIALS 173
TABLE 138 OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND TONS) 173
TABLE 139 OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND TONS) 173
TABLE 140 OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 174
TABLE 141 OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 USD MILLION) 174
12.5 PRIMARY INSIGHTS 174
13 OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION 175
13.1 INTRODUCTION 176
FIGURE 45 OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2024 VS. 2030 176
TABLE 142 OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2019–2023 (THOUSAND UNITS) 177
TABLE 143 OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2024–2030 (THOUSAND UNITS) 177
TABLE 144 OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 177
TABLE 145 OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 177
13.2 AGRICULTURAL TRACTORS 178
13.2.1 INCREASING DEMAND FOR HIGH-PERFORMANCE POWER TRACTORS TO DRIVE MARKET 178
TABLE 146 AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 178
TABLE 147 AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 179
TABLE 148 AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 179
TABLE 149 AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 179
13.3 CONSTRUCTION EQUIPMENT 180
13.3.1 GROWTH IN CONSTRUCTION INDUSTRY IN ASIA PACIFIC AND NORTH AMERICA TO DRIVE MARKET 180
TABLE 150 CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 180
TABLE 151 CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 180
TABLE 152 CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 181
TABLE 153 CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 181
13.4 MINING EQUIPMENT 181
13.4.1 GROWING MINING ACTIVITIES TO DRIVE MARKET 181
TABLE 154 MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 182
TABLE 155 MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 182
TABLE 156 MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 182
TABLE 157 MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 183
13.5 PRIMARY INSIGHTS 183
14 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE 184
14.1 INTRODUCTION 185
FIGURE 46 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION) 185
TABLE 158 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 185
TABLE 159 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 186
TABLE 160 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 186
TABLE 161 AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 186
14.2 LIGHT COMMERCIAL VEHICLE (LCV) 186
14.2.1 GROWING DEMAND FOR TURBOCHARGER REPLACEMENTS FOR LCVS TO DRIVE MARKET 186
TABLE 162 LCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 187
TABLE 163 LCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 187
TABLE 164 LCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (USD MILLION) 187
TABLE 165 LCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (USD MILLION) 188
14.3 HEAVY COMMERCIAL VEHICLE (HCV) 188
14.3.1 EXTENSIVE USE OF HCVS IN LOGISTICS AND TRANSPORTATION TO DRIVE MARKET 188
TABLE 166 HCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 189
TABLE 167 HCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 189
TABLE 168 HCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (USD MILLION) 189
TABLE 169 HCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (USD MILLION) 190
14.4 PRIMARY INSIGHTS 190
15 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION 191
15.1 INTRODUCTION 192
FIGURE 47 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 192
TABLE 170 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 192
TABLE 171 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 193
TABLE 172 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 193
TABLE 173 AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 193
15.1.1 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE 194
TABLE 174 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 194
TABLE 175 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 194
TABLE 176 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 194
TABLE 177 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 194
15.2 ASIA PACIFIC 195
15.2.1 ECONOMIC RECESSION IMPACT 195
FIGURE 48 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET SNAPSHOT 196
TABLE 178 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS) 197
TABLE 179 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS) 197
TABLE 180 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 198
TABLE 181 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 198
15.2.2 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE 199
TABLE 182 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 199
TABLE 183 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 199
TABLE 184 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 199
TABLE 185 ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 200
15.2.3 CHINA 200
15.2.3.1 Growing demand for TGDI engines to drive market 200
TABLE 186 CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 200
TABLE 187 CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 200
TABLE 188 CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 201
TABLE 189 CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 201
15.2.4 INDIA 201
15.2.4.1 Growth in sales of gasoline vehicles to drive market 201
TABLE 190 INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 202
TABLE 191 INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 202
TABLE 192 INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 202
TABLE 193 INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 203
15.2.5 JAPAN 203
15.2.5.1 Growing performance-oriented vehicle market to drive market 203
TABLE 194 JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 204
TABLE 195 JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 204
TABLE 196 JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 204
TABLE 197 JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 205
15.2.6 SOUTH KOREA 205
15.2.6.1 Growing popularity of gasoline vehicles to drive market 205
TABLE 198 SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 206
TABLE 199 SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 206
TABLE 200 SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 206
TABLE 201 SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 207
15.2.7 THAILAND 207
15.2.7.1 Government incentives and stringent emission norms to drive market 207
TABLE 202 THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 207
TABLE 203 THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 208
TABLE 204 THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 208
TABLE 205 THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 208
15.2.8 INDONESIA 209
15.2.8.1 Rising demand for fuel-efficient vehicles and stricter emission standards to drive market 209
TABLE 206 INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 209
TABLE 207 INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 209
TABLE 208 INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 210
TABLE 209 INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 210
15.2.9 REST OF ASIA PACIFIC 210
TABLE 210 REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 211
TABLE 211 REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 211
TABLE 212 REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 211
TABLE 213 REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 212
15.3 EUROPE 212
15.3.1 ECONOMIC RECESSION IMPACT 212
FIGURE 49 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET SNAPSHOT 213
TABLE 214 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS) 214
TABLE 215 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS) 214
TABLE 216 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 215
TABLE 217 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 215
15.3.2 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE 216
TABLE 218 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 216
TABLE 219 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 216
TABLE 220 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 216
TABLE 221 EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 217
15.3.3 GERMANY 217
15.3.3.1 Strict emission norms and shift toward gasoline vehicles to drive market 217
TABLE 222 GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 217
TABLE 223 GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 218
TABLE 224 GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 218
TABLE 225 GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 218
15.3.4 FRANCE 219
15.3.4.1 Government regulations and presence of domestic automakers to drive market 219
TABLE 226 FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 219
TABLE 227 FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 219
TABLE 228 FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 220
TABLE 229 FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 220
15.3.5 UK 220
15.3.5.1 Target to reduce CO2 emissions from cars to drive market 220
TABLE 230 UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 221
TABLE 231 UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 221
TABLE 232 UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 221
TABLE 233 UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 222
15.3.6 SPAIN 222
15.3.6.1 Commitment to reducing carbon footprint to drive market 222
TABLE 234 SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 222
TABLE 235 SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 223
TABLE 236 SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 223
TABLE 237 SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 223
15.3.7 ITALY 224
15.3.7.1 Government subsidies and demand for high-performance vehicles to drive market 224
TABLE 238 ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 224
TABLE 239 ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 224
TABLE 240 ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 225
TABLE 241 ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 225
15.3.8 RUSSIA 225
15.3.8.1 Stringent emission norms to drive market 225
TABLE 242 RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 226
TABLE 243 RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 226
TABLE 244 RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 226
TABLE 245 RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 227
15.3.9 TURKEY 227
15.3.9.1 Reduced emission limits for diesel vehicles and increased fuel prices to drive market 227
TABLE 246 TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 227
TABLE 247 TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 228
TABLE 248 TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 228
TABLE 249 TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 228
15.3.10 REST OF EUROPE 228
TABLE 250 REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 229
TABLE 251 REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 229
TABLE 252 REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 229
TABLE 253 REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 230
15.4 NORTH AMERICA 230
15.4.1 ECONOMIC RECESSION IMPACT 230
TABLE 254 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS) 231
TABLE 255 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS) 231
TABLE 256 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 231
TABLE 257 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 231
15.4.2 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE 232
TABLE 258 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 232
TABLE 259 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 232
TABLE 260 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 232
TABLE 261 NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 233
15.4.3 US 233
15.4.3.1 Stringent emission norms and adoption of gasoline TGDI engines to drive market 233
TABLE 262 US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 233
TABLE 263 US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 234
TABLE 264 US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 234
TABLE 265 US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 234
15.4.4 CANADA 235
15.4.4.1 Growing demand for high fuel economy to drive market 235
TABLE 266 CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 235
TABLE 267 CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 235
TABLE 268 CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 236
TABLE 269 CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 236
15.4.5 MEXICO 236
15.4.5.1 Rising fuel prices and stringent emission norms to drive market 236
TABLE 270 MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 237
TABLE 271 MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 237
TABLE 272 MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 237
TABLE 273 MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 238
15.5 REST OF THE WORLD (ROW) 238
15.5.1 RECESSION IMPACT 238
TABLE 274 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS) 239
TABLE 275 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS) 239
TABLE 276 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION) 239
TABLE 277 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION) 240
15.5.2 AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE 240
TABLE 278 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 240
TABLE 279 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 240
TABLE 280 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION) 241
TABLE 281 ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION) 241
15.5.3 BRAZIL 241
15.5.3.1 Increasing sales of diesel vehicles to drive market 241
TABLE 282 BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 242
TABLE 283 BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 242
TABLE 284 BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 242
TABLE 285 BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 243
15.5.4 ARGENTINA 243
15.5.4.1 Increasing use of commercial vehicles and shift toward alternate fuels to drive market 243
TABLE 286 ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 244
TABLE 287 ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 244
TABLE 288 ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 244
TABLE 289 ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 245
15.5.5 IRAN 245
15.5.5.1 Emission regulations and exploration of natural gas reserves to drive market 245
TABLE 290 IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 245
TABLE 291 IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 246
TABLE 292 IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 246
TABLE 293 IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 246
15.5.6 SOUTH AFRICA 247
15.5.6.1 Increasing production of automobiles and use of HCVs to drive market 247
TABLE 294 SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 247
TABLE 295 SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 247
TABLE 296 SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 248
TABLE 297 SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 248
15.5.7 OTHERS 248
TABLE 298 OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 249
TABLE 299 OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 249
TABLE 300 OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 249
TABLE 301 OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 250
15.6 PRIMARY INSIGHTS 250
16 COMPETITIVE LANDSCAPE 251
16.1 OVERVIEW 251
16.2 MARKET SHARE ANALYSIS, 2023 251
FIGURE 50 SHARE OF LEADING PLAYERS IN AUTOMOTIVE TURBOCHARGER MARKET, 2023 251
TABLE 302 DEGREE OF COMPETITION, 2023 252
FIGURE 51 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2020 VS. 2023 254
16.3 KEY PLAYERS’ STRATEGIES/RIGHT TO WIN, 2022–2024 255
TABLE 303 KEY GROWTH STRATEGIES, 2022–2024 255
16.4 COMPANY EVALUATION MATRIX (AUTOMOTIVE TURBOCHARGER MANUFACTURERS) 256
16.4.1 STARS 256
16.4.2 EMERGING LEADERS 256
16.4.3 PERVASIVE PLAYERS 256
16.4.4 PARTICIPANTS 256
FIGURE 52 COMPANY EVALUATION MATRIX (AUTOMOTIVE TURBOCHARGER MANUFACTURERS), 2024 257
16.4.5 COMPANY FOOTPRINT (AUTOMOTIVE TURBOCHARGER MANUFACTURERS) 258
FIGURE 53 AUTOMOTIVE TURBOCHARGER MARKET: COMPANY FOOTPRINT, 2023 258
16.4.6 VEHICLE TYPE FOOTPRINT 259
TABLE 304 AUTOMOTIVE TURBOCHARGER MARKET: VEHICLE TYPE FOOTPRINT, 2023 259
16.4.7 TURBO TYPE FOOTPRINT 260
TABLE 305 AUTOMOTIVE TURBOCHARGER MARKET: TURBO TYPE FOOTPRINT, 2023 260
16.4.8 REGION FOOTPRINT 261
TABLE 306 AUTOMOTIVE TURBOCHARGER MARKET: REGION FOOTPRINT, 2023 261
16.5 COMPANY EVALUATION MATRIX (AUTOMOTIVE TURBOCHARGER COMPONENT MANUFACTURERS) 262
16.5.1 STARS 262
16.5.2 EMERGING LEADERS 262
16.5.3 PERVASIVE PLAYERS 262
16.5.4 PARTICIPANTS 262
FIGURE 54 COMPANY EVALUATION MATRIX (AUTOMOTIVE COMPONENT MANUFACTURERS), 2023 263
16.5.5 COMPANY FOOTPRINT (AUTOMOTIVE TURBOCHARGER COMPONENT MANUFACTURERS) 264
FIGURE 55 AUTOMOTIVE TURBOCHARGER (COMPONENT MANUFACTURERS) MARKET: COMPANY FOOTPRINT 264
16.5.6 REGION FOOTPRINT 265
TABLE 307 AUTOMOTIVE TURBOCHARGER (COMPONENT MANUFACTURERS) MARKET: REGION FOOTPRINT 265
16.5.7 COMPONENT FOOTPRINT 265
TABLE 308 AUTOMOTIVE TURBOCHARGER (COMPONENT MANUFACTURERS) MARKET: COMPONENT FOOTPRINT 265
16.6 COMPETITIVE SCENARIOS AND TRENDS 266
16.6.1 PRODUCT LAUNCHES 266
TABLE 309 AUTOMOTIVE TURBOCHARGER MARKET: PRODUCT LAUNCHES, JANUARY 2021− DECEMBER 2022 266
16.6.2 DEALS 267
TABLE 310 AUTOMOTIVE TURBOCHARGER MARKET: DEALS, 2021 267
16.6.3 OTHER DEVELOPMENTS 268
TABLE 311 AUTOMOTIVE TURBOCHARGER MARKET: OTHER DEVELOPMENTS, JANUARY 2021–DECEMBER 2023 268
16.6.4 EXPANSIONS 270
TABLE 312 EXPANSIONS, JANUARY 2022–DECEMBER 2023 270
16.7 SUPPLIER ANALYSIS 271
TABLE 313 AUTOMOTIVE TURBOCHARGER MARKET: WHO SUPPLIES WHOM, 2021−2024 271
16.8 COMPANY VALUATION 272
FIGURE 56 COMPANY VALUATION, 2023 (USD BILLION) 272
16.9 FINANCIAL METRICS 272
FIGURE 57 FINANCIAL METRICS, 2023 272
16.10 PRODUCT COMPARISON 273
16.11 LIST OF SUPERALLOY MANUFACTURERS 274
TABLE 314 LIST OF SUPERALLOY MANUFACTURERS 274
16.12 LIST OF TURBINE WHEEL MANUFACTURERS 275
TABLE 315 LIST OF TURBINE WHEEL MANUFACTURERS 275
17 COMPANY PROFILES 277
(Business overview, Products offered, Recent developments & MnM View)*
17.1 KEY PLAYERS 277
17.1.1 BORGWARNER INC. 277
TABLE 316 BORGWARNER INC.: COMPANY OVERVIEW 277
FIGURE 58 BORGWARNER INC.: COMPANY SNAPSHOT 278
TABLE 317 BORGWARNER INC.: PRODUCTS OFFERED 278
TABLE 318 BORGWARNER INC.: PRODUCT LAUNCHES 279
TABLE 319 BORGWARNER INC.: DEALS 279
TABLE 320 BORGWARNER INC.: OTHERS 280
17.1.2 GARRETT MOTION INC. 282
TABLE 321 GARRETT MOTION INC.: COMPANY OVERVIEW 282
FIGURE 59 GARRETT MOTION INC.: COMPANY SNAPSHOT 283
TABLE 322 GARRETT MOTION INC.: PRODUCTS OFFERED 283
TABLE 323 GARRETT MOTION INC.: PRODUCT LAUNCHES 284
TABLE 324 GARRETT MOTION INC.: DEALS 285
TABLE 325 GARRETT MOTION INC.: EXPANSIONS 285
TABLE 326 GARRETT MOTION INC.: OTHERS 286
17.1.3 MITSUBISHI HEAVY INDUSTRIES LTD. 288
TABLE 327 MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY OVERVIEW 288
FIGURE 60 MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT 289
TABLE 328 MITSUBISHI HEAVY INDUSTRIES LTD.: PRODUCTS OFFERED 289
TABLE 329 MITSUBISHI HEAVY INDUSTRIES LTD.: DEALS 290
17.1.4 IHI CORPORATION 292
TABLE 330 IHI CORPORATION: COMPANY OVERVIEW 292
FIGURE 61 IHI CORPORATION: COMPANY SNAPSHOT 293
TABLE 331 IHI CORPORATION: PRODUCTS OFFERED 293
TABLE 332 IHI CORPORATION: DEALS 294
TABLE 333 IHI CORPORATION: OTHERS 294
17.1.5 CUMMINS INC. 296
TABLE 334 CUMMINS INC.: COMPANY OVERVIEW 296
FIGURE 62 CUMMINS INC.: COMPANY SNAPSHOT 297
TABLE 335 CUMMINS INC.: PRODUCTS OFFERED 297
TABLE 336 CUMMINS INC.: PRODUCT LAUNCHES/DEVELOPMENTS 298
TABLE 337 CUMMINS INC.: EXPANSIONS 299
17.1.6 BMTS TECHNOLOGY 301
TABLE 338 BMTS TECHNOLOGY: COMPANY OVERVIEW 301
TABLE 339 BMTS TECHNOLOGY: PRODUCTS OFFERED 301
TABLE 340 BMTS TECHNOLOGY: DEALS 302
TABLE 341 BMTS TECHNOLOGY: OTHERS 302
TABLE 342 BMTS TECHNOLOGY: EXPANSIONS 303
17.1.7 VITESCO TECHNOLOGIES GMBH 304
TABLE 343 VITESCO TECHNOLOGIES GMBH: COMPANY OVERVIEW 304
FIGURE 63 VITESCO TECHNOLOGIES GMBH: COMPANY SNAPSHOT 305
TABLE 344 VITESCO TECHNOLOGIES GMBH: PRODUCTS OFFERED 305
TABLE 345 VITESCO TECHNOLOGIES GMBH: DEALS 305
17.1.8 CHANGCHUN FAWER-IHI TURBOCHARGER CO., LTD 306
TABLE 346 CHANGCHUN FAWER-IHI TURBOCHARGER CO., LTD: COMPANY OVERVIEW 306
TABLE 347 CHANGCHUN FAWER-IHI TURBOCHARGER CO., LTD: PRODUCTS OFFERED 306
17.1.9 TURBO ENERGY PRIVATE LIMITED 307
TABLE 348 TURBO ENERGY PRIVATE LIMITED: COMPANY OVERVIEW 307
TABLE 349 TURBO ENERGY PRIVATE LIMITED: PRODUCTS OFFERED 307
17.1.10 CONTINENTAL AG 308
TABLE 350 CONTINENTAL AG: COMPANY OVERVIEW 308
FIGURE 64 CONTINENTAL AG: COMPANY SNAPSHOT 309
TABLE 351 CONTINENTAL AG: PRODUCTS OFFERED 309
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
17.2 OTHER PLAYERS 310
17.2.1 ROTOMASTER 310
TABLE 352 ROTOMASTER: COMPANY OVERVIEW 310
17.2.2 NINGBO WEIFU TIANLI SUPERCHARGING TECHNOLOGY CO., LTD. 311
TABLE 353 NINGBO WEIFU TIANLI SUPERCHARGING TECHNOLOGY CO., LTD.: COMPANY OVERVIEW 311
17.2.3 TURBONETICS INC. 312
TABLE 354 TURBONETICS INC.: COMPANY OVERVIEW 312
17.2.4 TURBO INTERNATIONAL 313
TABLE 355 TURBO INTERNATIONAL: COMPANY OVERVIEW 313
17.2.5 KOMPRESSORENBAU BANNEWITZ GMBH 314
TABLE 356 KOMPRESSORENBAU BANNEWITZ GMBH: COMPANY OVERVIEW 314
17.2.6 MAGNUM PERFORMANCE TURBOS 315
TABLE 357 MAGNUM PERFORMANCE TURBOS: COMPANY OVERVIEW 315
17.2.7 WEIFANG FUYUAN TURBOCHARGER CO., LTD. 316
TABLE 358 WEIFANG FUYUAN TURBOCHARGER CO., LTD.: COMPANY OVERVIEW 316
17.2.8 HUNAN TYEN MACHINERY CO., LTD. 317
TABLE 359 HUNAN TYEN MACHINERY CO., LTD.: COMPANY OVERVIEW 317
17.2.9 MAN ENERGY SOLUTIONS 318
TABLE 360 MAN ENERGY SOLUTIONS: COMPANY OVERVIEW 318
17.2.10 KEYYANG PRECISION CO., LTD 319
TABLE 361 KEYYANG PRECISION CO., LTD: COMPANY OVERVIEW 319
17.2.11 FUYUAN TURBOCHARGER CO. LTD 320
TABLE 362 FUYUAN TURBOCHARGER CO. LTD: COMPANY OVERVIEW 320
18 RECOMMENDATIONS BY MARKETSANDMARKETS 321
18.1 ASIA PACIFIC TO BE MAJOR MARKET FOR AUTOMOTIVE TURBOCHARGERS 321
18.2 ELECTRIC TURBOCHARGERS TO BE KEY FOCUS FOR MANUFACTURERS 322
18.3 CONCLUSION 322
19 APPENDIX 323
19.1 KEY INDUSTRY INSIGHTS 323
19.2 DISCUSSION GUIDE 323
19.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 327
19.4 CUSTOMIZATION OPTIONS 329
19.4.1 AUTOMOTIVE TURBOCHARGER MARKET, BY SALES CHANNEL 329
19.4.2 OFF-HIGHWAY TURBOCHARGER MARKET, BY TECHNOLOGY 329
19.4.3 DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS 329
19.5 RELATED REPORTS 329
19.6 AUTHOR DETAILS 330