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Global Automotive Turbocharger Market Size, Share, Forecast: By Fuel Type: Diesel, Gasoline, Others; By Vehicle Type: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles, Others; By Technology; By Component; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Automotive Turbocharger Market Analysis
8.1 Key Industry Highlights
8.2 Global Automotive Turbocharger Historical Market (2018-2023)
8.3 Global Automotive Turbocharger Market Forecast (2024-2032)
8.4 Global Automotive Turbocharger Market by Fuel Type
8.4.1 Diesel
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Gasoline
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Others
8.5 Global Automotive Turbocharger Market by Vehicle Type
8.5.1 Passenger Cars
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Light Commercial Vehicles
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Heavy Commercial Vehicles
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Others
8.6 Global Automotive Turbocharger Market by Technology
8.6.1 Variable Geometry Turbocharger (VGT)
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Wastegate Turbocharger
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Electric Turbocharger
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Twin Turbocharger
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.4.2.1 Two Stage Series Turbocharger
8.6.4.2.2 Two Stage Parallel Turbocharger
8.6.4.2.3 Twin Scroll Turbocharger
8.6.5 Free-Floating Turbocharger
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
8.6.6 Double Axle Turbocharger
8.6.6.1 Historical Trend (2018-2023)
8.6.6.2 Forecast Trend (2024-2032)
8.7 Global Automotive Turbocharger Market by Component
8.7.1 Housing
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Compressor
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Turbine
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.8 Global Automotive Turbocharger Hose Market by Region
8.8.1 North America
8.8.1.1 Historical Trend (2018-2023)
8.8.1.2 Forecast Trend (2024-2032)
8.8.2 Europe
8.8.2.1 Historical Trend (2018-2023)
8.8.2.2 Forecast Trend (2024-2032)
8.8.3 Asia Pacific
8.8.3.1 Historical Trend (2018-2023)
8.8.3.2 Forecast Trend (2024-2032)
8.8.4 Latin America
8.8.4.1 Historical Trend (2018-2023)
8.8.4.2 Forecast Trend (2024-2032)
8.8.5 Middle East and Africa
8.8.5.1 Historical Trend (2018-2023)
8.8.5.2 Forecast Trend (2024-2032)
9 North America Automotive Turbocharger Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Automotive Turbocharger Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Automotive Turbocharger Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Automotive Turbocharger Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Automotive Turbocharger Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Value Chain Analysis
16 Competitive Landscape
16.1 Market Structure
16.2 Company Profiles
16.2.1 Continental AG
16.2.1.1 Company Overview
16.2.1.2 Product Portfolio
16.2.1.3 Demographic Reach and Achievements
16.2.1.4 Certifications
16.2.2 Honeywell International Inc.
16.2.2.1 Company Overview
16.2.2.2 Product Portfolio
16.2.2.3 Demographic Reach and Achievements
16.2.2.4 Certifications
16.2.3 Mitsubishi Heavy Industries, Ltd.
16.2.3.1 Company Overview
16.2.3.2 Product Portfolio
16.2.3.3 Demographic Reach and Achievements
16.2.3.4 Certifications
16.2.4 BorgWarner Inc.
16.2.4.1 Company Overview
16.2.4.2 Product Portfolio
16.2.4.3 Demographic Reach and Achievements
16.2.4.4 Certifications
16.2.5 Cummins Inc.
16.2.5.1 Company Overview
16.2.5.2 Product Portfolio
16.2.5.3 Demographic Reach and Achievements
16.2.5.4 Certifications
16.2.6 BMTS Technology GmbH & Co. KG
16.2.6.1 Company Overview
16.2.6.2 Product Portfolio
16.2.6.3 Demographic Reach and Achievements
16.2.6.4 Certifications
16.2.7 Others
17 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Automotive Turbocharger Market: Key Industry Highlights, 2018 and 2032
2. Global Automotive Turbocharger Historical Market: Breakup by Fuel Type (USD Billion), 2018-2023
3. Global Automotive Turbocharger Market Forecast: Breakup by Fuel Type (USD Billion), 2024-2032/
4. Global Automotive Turbocharger Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
5. Global Automotive Turbocharger Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
6. Global Automotive Turbocharger Historical Market: Breakup by Technology (USD Billion), 2018-2023
7. Global Automotive Turbocharger Market Forecast: Breakup by Technology (USD Billion), 2024-2032
8. Global Automotive Turbocharger Historical Market: Breakup by Component (USD Billion), 2018-2023
9. Global Automotive Turbocharger Market Forecast: Breakup by Component (USD Billion), 2024-2032
10. Global Automotive Turbocharger Historical Market: Breakup by Region (USD Billion), 2018-2023
11. Global Automotive Turbocharger Market Forecast: Breakup by Region (USD Billion), 2024-2032
12. North America Automotive Turbocharger Historical Market: Breakup by Country (USD Billion), 2018-2023
13. North America Automotive Turbocharger Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Europe Automotive Turbocharger Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Europe Automotive Turbocharger Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Asia Pacific Automotive Turbocharger Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Asia Pacific Automotive Turbocharger Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Latin America Automotive Turbocharger Historical Market: Breakup by Country (USD Billion), 2018-2023
19. Latin America Automotive Turbocharger Market Forecast: Breakup by Country (USD Billion), 2024-2032
20. Middle East and Africa Automotive Turbocharger Historical Market: Breakup by Country (USD Billion), 2018-2023
21. Middle East and Africa Automotive Turbocharger Market Forecast: Breakup by Country (USD Billion), 2024-2032
22. Global Automotive Turbocharger Market Structure
Key Questions Answered in the Report
In 2023, the global automotive turbocharger market attained a value of above USD 13.31 billion.
The market is projected to grow at a CAGR of 10.4% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach more than USD 32.21 billion by 2032.
The market is being driven by the increasing manufacturing levels of automobiles and the rising trend of light-weighting engines in commercial vehicles.
The increasing adoption of strict automobile emission requirements, the hiking prices of gasoline and diesel, the introduction of fuel cell technology into passenger cars, and the increasing fuel-efficient vehicles are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major fuel types in the market are diesel, and gasoline, among others.
The types of vehicles in the market are passenger cars, light commercial vehicles, and heavy commercial vehicles, among others.
The different technologies involved in the market are variable geometry turbocharger (VGT), wastegate turbocharger, electric turbocharger, twin turbocharger, free-floating turbocharger, and double axle turbocharger.
The major components are housing, compressor, and turbine.
The major players in the industry are Continental AG, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., BorgWarner Inc., Cummins Inc., and BMTS Technology GmbH & Co. KG, among others.
Analyst Review
The global automotive turbocharger market attained a value of more than USD 13.31 billion in 2023, driven by the increasing adoption of strict automobile emission requirements. Aided by the rising trend of light-weighting engines in commercial vehicles, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 10.4%. The market is projected to reach beyond USD 32.21 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on fuel type, the automotive turbocharger industry is categorised into diesel and gasoline, among others. On the basis of vehicle type, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles, among others. By technology, the industry is classified into variable geometry turbocharger (VGT), wastegate turbocharger, electric turbocharger, twin turbocharger, free-floating turbocharger, and double axle turbocharger. Based on component, the market is divided into housing, compressor, and turbine. The major regional markets for automotive turbocharger are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market are Continental AG, Honeywell International Inc., Mitsubishi Heavy Industries, Ltd., BorgWarner Inc., Cummins Inc., and BMTS Technology GmbH & Co. KG, among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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