A turbocharger is a forced induction device that boosts the power of an engine by exerting extra air into combustion chamber. Turbochargers increase the volumetric efficiency, downsize the engine, thus reducing the total weight of the vehicle. A turbine driven by the engine's exhaust gas is used to provide power to turbocharger. Turbochargers are gaining prominence in Europe and across the globe due to its characteristics, such as reduction in emissions, increased fuel economy, and enhanced engine performance.
The key factors driving the growth of the European turbocharger market are stringent emission & fuel-efficiency norms and downsizing of engine to reduce vehicle weight. However, increasing focus on Battery-operated Electric Vehicles (BEVs) and high costs associated with the turbochargers are factors hindering the growth of the market. Increasing turbochargers penetration in GDI engines and electric turbochargers create opportunities for growth of the market.
The European turbocharger market is segmented based on fuel type, vehicle type, and geography. The market is further categorized based on fuel type into gasoline and diesel. On the basis of vehicle type, the market is further classified into Passenger Car, LCV, and HCV. Geographically, the market is segmented into Germany, France, Italy, Spain, U.K., and Turkey.
The leading manufacturers operating in the market are Borg Warner Inc., Cummins Inc., Bosch Mahle Turbo Systems, Continental AG, Honeywell International Inc., IHI Corporation, Eaton Corporation PLC, Rotomaster International, Turbo Energy Private Limited, and Mitsubishi Heavy Industries Ltd. They have implemented strategies, such as partnerships, mergers & acquisitions, new product launches, and others to gain the strong foothold in the market.
KEY BENEFITS FOR STAKEHOLDERS:
EUROPEAN TURBOCHARGER MARKET KEY SEGMENTS:
Market By Fuel Type
Market By Vehicle Type
Market By Country
Key Market Player:
SIMILAR MARKET STUDIES
The global Screen Protector market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role in global market, with market size of xx million ...
July 2017 | $3085 | View Details >>
This report splits Automotive Wheel Bearing by Product Types.This shares the history data information from 2012 to 2016, and forecast from 2017 to 2022. And this report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. As a ...
July 2017 | $3250 | View Details >>
This report splits Advanced Titanium Alloy By Materials and Shape. This shares the history data information from 2012 to 2016, and forecast from 2017 to 2022. And this report mainly introduces volume and value market share by players, by regions, by product type, by consumers and also their price change details. ...
July 2017 | $3190 | View Details >>
In this report, the global Car Roof Boxes market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, ...
July 2017 | $2900 | View Details >>
UPCOMING MARKET RESEARCH REPORTS
2017 © Copyright Big Market Research