Global Automotive Electric Turbocharger Market to Grow at a CAGR of 12.1% During the Period 2024-2032, Driven by Technological Advancements

The global automotive electric turbocharger market is expected to be driven by the turbocharger’s function to provide more power, better efficiency and less lag in power delivery. Solutions enabling superior performance while meeting emission norms are likely to help market growth. Rapid adoption of electrified hybridization in the auto industry would stimulate the market. North America, Europe and Asia are expected to be key markets.

Leading companies are engaged in innovation and exploration of advanced solutions. For example, in 2021, Garrett’s advanced E-Turbo was recognized as a superior innovation with an Automotive News PACE (Premier Automotive Suppliers’ Contribution to Excellence) Award, a first for electric turbochargers. Garrett engineers overcame challenges in thermal management, energy recovery, compact packaging and high-volume and low-cost design to develop the E-Turbo.

In 2020, Mercedes-AMG detailed a new electric turbocharger technology. The new tech would be incorporated in future AMG models powered by the brand’s 2.0-litre and 4.0-litre units; the new electrically assisted unit would replace existing gas-driven turbos in AMG’s 2.0-litre and 4.0-litre engines. The new system would use a compact electric motor integrated on the turbocharger shaft, between the compressor wheel on the fresh-air side and the turbine wheel on the exhaust side, to boost induction. The motor, operated through a 48V electrical system, would be used to drive the compressor wheel before the introduction of exhaust gas flow in a process intended to eliminate turbo lag.

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In 2019, Garrett confirmed the development of the world's first "E-Turbo" for mass market passenger vehicles expected to launch in 2021. The company’s E-Turbo would enable greater benefits from vehicle hybridization. The announcement came in the wake of automakers turning to electrified engine technology intended to meet industry challenges for enhanced energy efficiency and new regulatory emission targets while fulfilling consumer demand for improved vehicle performance and affordability. Garrett's first E-Turbo application would appear in premium, high-performance vehicles, and the company had 10 active programs in the three biggest auto markets in the world in different vehicle segments. Such advancements are likely to boost the global automotive electric turbocharger market.

In 2020, Continental extended its line of turbochargers for the aftermarket; the company would offer turbochargers for numerous models made by BMW, MINI and the Volkswagen Group.

In 2021, BorgWarner entered into a global agreement to supply its hi-tech eTurbo™ to a major European OEM for use in a high-voltage hybrid passenger car. The company’s advanced electric boosting technology would provide significant engine efficiency and performance benefits while allowing the automotive producer to meet increasingly strict emissions regulations. This would be the company's first application of its electrically assisted turbocharger in a high-voltage hybrid vehicle.

In 2021, IHI Corporation signed a technical collaboration agreement with AVL List GmbH regarding electric turbocharger for fuel cell system.

Key Findings of the Report:

• Rapid adoption of electrified hybridization in the auto industry is expected to help market growth. 

• Innovations and technological developments are likely to contribute to growth of global automotive electric turbocharger market. 

• North America, Europe and Asia are projected to be key markets.

Market Analysis by Propulsion Type, Vehicle Type, Sales Channel and Region:

• By propulsion type, the market is segmented into IC-Engine (further broken down into Gasoline Powered and Diesel Powered) and Hybrid Propulsion Engine.

• By vehicle type, the market is classified into Commercial Vehicle (further broken down by type into Medium-Duty Commercial Vehicle and Heavy Duty Commercial Vehicle), Passenger Vehicles (further broken down by type into Light-Duty Vehicle) and Others.

• By sales channel, the market is divided into OEM, Replacement and Others.

• By region, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

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