The research report on the automotive turbochargers market by Fact.MR for the forecast period of 2017 to 2022 aspires to serve best insights catering to decision making of its readers. This report on automotive turbochargers market delves into each segment and aspect which might influence the progress of automotive turbochargers market for the aforementioned forecast timeline. This report elaborates on the know-how of crucial indicators to outline the growth of automotive turbochargers market and what alterations the market is poised to witness going forward. This report on automotive turbochargers market addresses drivers, challenges, and opportunities that are veritable to gauge growth course of automotive turbochargers market.
The significance of turbocharger has surged and have become imperative to enhanced output and environmental protection, along with stringent emissions standards. For instance, Environmental Protection Agency (EPA) has decreed vehicle manufacturers to integrate vehicles with novel technologies such as turbochargers. With technology becoming synonymous with high-end performance in vehicles, turbochargers are now prevalently used by automakers globally to augment efficiency through engine downsizing.
Through the integration of a turbocharger with a downsized engine, the manufacturing companies have been able to improve fuel efficiency in both diesel and gas applications. As such, the outreach of turbochargers in gasoline engines has been instrumental in the development of automotive turbocharger market. Besides, use of smaller engine in vehicles is growing in popularity as it helps in curbing emissions efficiently.
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Technological advancements in the automotive landscape have encouraged the manufacturers to come up with latest technology such as variable nozzle in automotive turbocharger. Accordingly, Honeywell International Inc., a multinational conglomerate company based in the U.S., rolled out its sophisticated variable geometry automotive turbocharger using this technology. Moreover, the multinational conglomerate company introduced two-stage diesel engine automotive turbocharger featuring variable geometry and wastegate technology aimed at improving vehicle performance and reducing emissions.
Furthermore, Honeywell believes 7 percent of all cars on the road will be hybrid by 2020—minimum 2 percent is expected to be turbocharged. This fortifies environmental protection and is a step towards going green initiative.
Automotive Turbocharger Market: Overview
This report presents a robust analysis on automotive turbocharger market with the support of quantitative and qualitative analysis. The report reveals the dynamics of the market, including drivers, opportunities, trends and restraints which have significant influence in the growth of the market. The report also includes segregation of the market to offer an in-depth analysis of the automotive turbocharger.
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Penetration of Turbochargers in Gasoline Powered Vehicles to Rev up Growth of Automotive Turbochargers Market
Engine downsizing has been considered as one of the most lucrative aspects in the automotive turbochargers market. The rising popularity of engine downsizing is pushing the growth of automotive turbochargers market. The use of smaller engine in vehicles is gaining high momentum in automotive turbochargers market as it helps cutting down emissions efficiently. Engine downsizing is also believed to contribute to vehicle’s fuel efficiency as their fuel consumption ratio is minimum, thereby standing out being lucrative in automotive turbochargers market.
The report provides actionable insights on macroeconomic factors, including economic outlook, profitability of enterprises. The macroeconomic factors also offers deep dive analysis on inflation and deflation.
The actionable insights in the report is the result of primary sources, including surveys, interactions in person, a reliable and authentic views of seasoned analyst, interviews and perusal of experts. In addition, the report is propelled by secondary sources incorporating trade journals, resourceful database and authentic and verified paid sources. The report is also backed up by absolute dollar opportunity analysis which has considerable influence in shaping the growth of the automotive turbocharger market.
Automotive Turbocharger Market: Competitive Landscape
This report on automotive turbochargers market features companies operating in the automotive turbochargers market. Some of the key companies listed in this report on automotive turbochargers market include IHI Corporation, Continental AG., Robert Bosch Limited, BorgWarner Inc., Honeywell International Inc., Turbo Energy Private Limited, Mitsubishi Heavy Industries Ltd., Eaton Corporation PLC, Rotomaster International, Precision Turbo & Engine Inc., Turbonetics Inc., and THE TURBO ENGINEERS GmbH.
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