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The growth of the automotive turbocharger market is influenced by factors such as changing consumer preferences for greater power generating vehicles, stringent emission regulations in regions such as Europe and North America, & upcoming regulation in Asian countries like China and India. Some of market restraining factors is declining share of diesel vehicle & increasing demand for battery electric vehicle.Click Now for More Information on Automotive Turbocharger Market with 98 Market Data Tables & 40 Figures spread through 148 Pages and In-depth available at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1560777 .
The automotive turbocharger market, by value, is estimated to be USD 16.87 billion in 2018 and is projected to reach USD 31.61 billion by 2025, at a CAGR of 9.39% from 2018 to 2025. The growth of the automotive turbocharger market is influenced by factors such as the changing consumer preferences for greater power generating vehicles, stringent emission regulations in regions such as Europe and North America, and the upcoming regulation in Asian countries such as China and India.
Target Audience
• Manufacturers of turbochargers
• Raw material suppliers for turbochargers
• The automobile industry as an end-use industry and regional automotive associations
• Traders, distributors, and suppliers of turbochargers
• Turbocharger component suppliers
Asia Oceania is estimated to be the largest market for automotive turbochargers. The automotive industry in the Asia Oceania region has been dynamic over the past few years and has seen an increase in the annual production of passenger and commercial vehicles. As a result, in the recent years, Asia Oceania has emerged as a hub for automobile production.
Click Here for Sample Papers on Automotive Turbocharger Market on with Top Trends and Company Profiles at http://www.rnrmarketresearch.com/contacts/request-sample?rname=1560777 .
The automotive turbocharger market is segmented By Technology (VGT, Waste gate, Electric turbocharger), By Vehicle type (Passenger car, LCV, Truck, Bus), By Off-highway application (Agricultural tractor, Construction equipment, Locomotive), By Hybrid vehicle(HEV, PHEV), By Fuel type (Gasoline, Diesel), By Material (Cast Iron, Aluminum, Others),Automotive turbocharger aftermarket (Light duty vehicle, Heavy duty vehicle), By Region ((Asia Oceania (China, India, Japan, South Korea, others), Europe(Germany, Spain, Turkey, France, UK, others), North America (Canada, Mexico, US), Row (Brazil, Russia, South Africa, Iran, RoW others)).
Competitive Landscape
1 Overview
2 Automotive Turbocharger: Market Share Analysis
3 Competitive Scenario
4 New Product Launches/Developments
5 Supply Contracts/Agreements
6 Partnerships/Joint Ventures
The study covers turbocharger aftermarket also. The turbocharger aftermarket is growing with various Original Equipment Suppliers (OES) and Independent Aftermarket (IAM). The percentage of IAM in Asia Oceania countries is more than in European and North American countries because of the low cost of turbocharger available at the store, easy availability of shops, and other factors. Thus, the passenger car aftermarket is the largest in Asia Oceania.
Order the Report on “Automotive Turbocharger Market by Technology (VGT, Wastegate, Electric), Material (Cast Iron, Aluminum), Ice & Hybrid Vehicle, Fuel Type, Off-Highway (Agricultural, Construction, Locomotive), Aftermarket, and Region - Global Forecast to 2025” research report can be requested at http://www.rnrmarketresearch.com/contacts/purchase?rname=1560777 .
The construction of a turbocharger involves the use of various materials such as cast iron, stainless steel, and aluminum. The increase in demand for overall turbocharger market coupled with the requirement for lightweight turbochargers will drive the market for lightweight materials like aluminium and titanium for turbocharger application.
Automotive Turbocharger Market, Premium Insights
1 Attractive Opportunities in the Automotive Turbocharger Market
2 Automotive Turbocharger Market, By Technology
3 Automotive Turbocharger Market, By Fuel Type
4 Automotive Turbocharger Market, By Vehicle Type
5 Automotive Turbocharger Market, By Material,
6 Automotive Turbocharger Market, By Off-Highway Vehicles
7 Automotive Turbocharger Market, By Country
8 Hybrid Vehicle Turbocharger Market, Vehicle Type
9 Automotive Turbocharger Aftermarket
Turbochargers find an indispensable application in off-highway vehicles, such as construction vehicles, agricultural tractors, and locomotive, given the enhancement in power and performance, which is expected from these vehicles. Agricultural tractor application is expected to have the largest market, in terms of volume, over the forecast period.
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Website: http://www.rnrmarketresearch.com/automotive-turbocharger-market-by-technology-vgt-wastegate-electric-material-cast-iron-aluminum-ice-hybrid-vehicle-fuel-type-off-highway-agricultural-construction-locomotive-aftermarket-and-region-st-to-2025-market-report.html
Release ID: 360850
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