Automotive Turbocharger Market Size, Share, Trends & Analysis by 2030
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%. The growth of the automotive turbocharger market is propelled by harsh emission regulations and shifting consumer inclination for high-performance vehicles. As the automotive industry is transitioning from diesel to gasoline light-duty vehicles and a surge in vehicle...
Automotive Turbocharger Market Size, Share, Analysis & Forecast by 2030
The Automotive Turbocharger Market is estimated to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028 at a CAGR of 8.1% over the forecast period.
The growth in the automotive turbocharger market is attributed to the growing fuel-efficiency targets & decreasing emission limits, and the trend toward high-performance vehicles. Due to the growing vehicle parc of turbocharged vehicles,...
Automotive Turbocharger Market Estimated to Reach $22.2 Billion by 2028
The Automotive Turbocharger market is estimated to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028 at a CAGR of 8.1% over the forecast period.
The growth in the automotive turbocharger market is attributed to the growing fuel-efficiency targets & decreasing emission limits, and the trend toward high-performance vehicles. Due to the growing vehicle parc of turbocharged vehicles,...
Turbocharger Market Set to Surpass $22 Billion by 2028, Fueled by Rising Automotive Industry
The automotive turbocharger is projected to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028, at a CAGR of 8.1%. The automotive turbocharger market is driven by decreasing emission limits and increased demand for high-performance vehicles. With the shift from diesel to gasoline in light-duty vehicles and growing vehicle hybridization, gasoline and electric turbochargers would be the...
Automotive Turbocharger Market to Reach $19.2 Billion by 2026
The automotive turbocharger market is projected to reach USD 19.2 billion by 2026 from USD 11.8 billion in 2021, at a CAGR of 10.2%.
Decrease in NOx emission limits in upcoming emission norms, Increasing demand of passenger cars with gasoline engines are expected to drive the automotive turbocharger market.
Gasoline segment is expected to be the largest segment during the forecast period
The...
Automotive Turbocharger Market- An Insight on the Important Factors and Trends 2018-2025
The Automotive Turbocharger Market 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 and 2025. The increasing production of passenger cars, stringent emission regulations, and changing customer preferences for greater power generating vehicles will drive the global automotive turbocharger market.
Globally, the automotive...