自動車用ターボチャージャー市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2024年4月

Automotive Turbocharger Market – Global Forecast to 2030

自動車用ターボチャージャー市場 : ディーゼル&ガソリンターボ (VGT、ウエストゲート、e-ターボ)、コンポーネント (タービンホイール、コンプレッサーホイール、ハウジング)、材料、オフハイウェイ機器、車両タイプ、燃料タイプ、アフターマーケット&地域別 – 2030年までの世界予測
Automotive Turbocharger Market by Diesel & Gasoline Turbo (VGT, Wastegate, e-Turbo), Component (Turbine Wheel, Compressor Wheel, Housing), Material, Off-Highway Equipment, Vehicle Type, Fuel Type, Aftermarket and Region – Global Forecast to 2030

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Report Overview

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%.

自動車用ターボチャージャー市場は、2024 年の 152 億ドルから 2030 年までに 229 億ドルまで、CAGR 7.1% で成長すると予測されています。

The global automotive turbocharger market has experienced steady growth in recent years. Factors such as stringent emissions regulations, growing demand for TGDI (Turbocharged Gasoline Direct Injection) technology, and demand for more fuel-efficient vehicles have fueled the advancement in automotive turbocharger technology. Turbochargers are widely used in gasoline and diesel engines to increase power output, improve fuel efficiency, and meet emission limits. As automobile manufacturers and tier-1 suppliers prioritize fuel efficiency, emissions reduction, and performance, the development of automotive turbocharger technology is expected to play a vital role in the coming years.

自動車用ターボチャージャー市場 : 2030年までの世界予測

“Gasoline passenger cars are leading the global automotive turbocharger market during the forecast period.”

Owing to the growing focus on a cleaner environment, OEMs have shifted from diesel to gasoline-passenger cars. This shift is not predominantly observed in the commercial vehicle segment. For instance, according to ACEA, the EU had 36.7% gasoline vehicles, which decreased to ~16% in 2022. Further, growing demand for passenger cars with gasoline engines is observed as there are stricter emission regulations on diesel engines and there is a decline in the growth of diesel-powered engines. Turbocharged GDI engines offer several advantages such as optimized fuel and combustion efficiency. These enhanced GDI engines, with advanced engine design and turbocharging technology, have allowed OEMs to achieve higher levels of fuel efficiency while maintaining a consistent power and torque output. Europe has been at the forefront of gasoline-turbocharged vehicles in recent years. According to ACEA statistics, European gasoline cars grew by 10.6% compared to the previous year, with significant growth in key countries such as Italy (+24.9%) and Germany (+16.1%). The Asia Pacific and North American countries also noticed a sharp increase and are expected to maintain an upward trend. As gasoline engines are generally less expensive to manufacture and maintain than diesel engines with high-power output, the demand for an efficient and economical option with gasoline vehicles will continue to dominate in the coming future.

自動車用ターボチャージャー市場 : 2030年までの世界予測 ecosystem

“E-turbochargers are projected to be the fastest growing turbocharger type by 2030.”

The advent of electric turbochargers with advanced technological capabilities has shown a significant adoption rate in internal combustion engines with hybrid powertrains. The electric turbochargers boost torque at lower engine speeds, enhancing agility and optimizing acceleration, particularly from a standstill condition of the vehicle. An electric turbocharger can be operational with a 48 V battery architecture, eliminates turbo lag with reduced emissions, and improves fuel efficiency. The electric turbocharger has huge potential, which is why it can be installed in light-duty vehicles (LDVs) and heavy commercial vehicles. For instance, the Mercedes-AMG SL 43 convertible, Mercedes-Benz S-Class, Mercedes-Benz S450, Audi SQ7, and Volvo XC90 T6 are some vehicle models offered with e-turbochargers. Although e-turbochargers cost more than wastegate and VGT technology, their application is limited to premium vehicles only. However, with the rising demand for hybrid vehicles within the premium price bracket, the demand for these vehicles installed with e-turbochargers will spur in the future, subsequently striving for the growth of the e-turbocharger market.

“Europe is the second largest automotive turbocharger market.”

Europe has been at the forefront of turbocharger adoption for several years. Stringent emissions regulations and the demand for smaller, more fuel-efficient engines without compromising performance have driven the widespread adoption of turbocharging technology. Prominent OEMs such as Volkswagen AG, Mercedes-Benz, BMW, Stellantis N.V., and Renault have restricted the production of diesel passenger vehicles, thereby promoting the sales of gasoline and, electric and hybrid vehicles. This will prompt the growth of turbocharger technology installed in the GDI engines, mild-hybrid, and electric passenger cars. On the other hand, a majority of LCVs and heavy commercial vehicles are still diesel-powered. According to ACEA publication 2023, light commercial vehicles, trucks, and buses are still dominant in the EU, with >90% of the fleets running on diesel. This demonstrates the strong position of diesel-powered vehicles in the commercial vehicle segment, and this trend is speculated to be constant during the reviewed period. This will propel the growth of diesel turbochargers in the region.

The break-up of the profile of primary participants in the automotive turbocharger market:

• By Company Type: Tier 1 – 60%, Tier 2 –40 %
• By Designation: C Level – 60%, Director Level – 20%, Others – 20%
• By Region: North America– 50%, Europe – 35%, Asia Pacific – 15%.

自動車用ターボチャージャー市場 : 2030年までの世界予測 region

Prominent companies include BorgWarner Inc. (US), Garrett Motion Inc. (US), Mitsubishi Heavy Industries (Japan), IHI Corporation (Japan), and Cummins Inc. (US) are the leading manufacturers of automotive turbochargers in the global market.

Research Coverage:

This research report categorizes the Automotive turbocharger market by vehicle type (passenger car, LCV, trucks, buses), fuel type (diesel, gasoline, alternate fuel), diesel by turbo type (VGT, Wastegate, E-turbo), gasoline by turbo type (VGT, Wastegate, E-turbo), gasoline by vehicle type (passenger car, LCV, trucks, buses), by material (cast iron, aluminum, others), by component (turbine wheel, compressor wheel, housing), off-highway by application (agricultural tractors, construction equipment, mining equipment), aftermarket by vehicle type (LCV, HCV), by region (Asia Pacific, North America, Europe, Rest of the World). The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the automotive turbocharger market. A detailed analysis of the key industry players has been done to provide insights into their business overview, solutions, and services; key strategies; contracts, partnerships, agreements, new product & service launches, mergers and acquisitions, recession impact, and recent developments associated with the automotive turbocharger market. This report covers the competitive analysis of upcoming startups in the automotive turbocharger market ecosystem.

Reasons to buy this report:

The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall automotive turbocharger market and the subsegments. The report includes a comprehensive market share analysis, supply chain analysis, extensive lists and insights into component manufacturers, chapter segmentation based on materials, a thorough supply chain analysis, and a competitive landscape. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (Decrease in NOx emission limit in upcoming emission norms regulation, increase in demand for passenger cars with gasoline engines), restraints (High maintenance cost and more amount of cooling oil requirement and increase in adoption of electric vehicles), opportunities (Development of electric turbochargers), and challenges (Turbo lag and durable, economical, and temperature resistance material requirement) are influencing the growth of the automotive turbocharger market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the automotive turbocharger market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the automotive turbocharger market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the automotive turbocharger market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like BorgWarner Inc. (US), Garrett Motion Inc. (US), Mitsubishi Heavy Industries Ltd. (Japan), IHI Corporation (Japan), and Cummins Inc. (US) among others in the automotive turbocharger market.
The report also helps stakeholders understand the pulse of the automotive micro-mobility market & electric vehicle market by providing them with information on key market drivers, restraints, challenges, and opportunities.

Table of Contents

1            INTRODUCTION            30

1.1         STUDY OBJECTIVES      30

1.2         MARKET DEFINITION   31

1.3         INCLUSIONS AND EXCLUSIONS 31

1.4         MARKET SCOPE             32

FIGURE 1           AUTOMOTIVE TURBOCHARGER MARKET SEGMENTATION              32

1.4.1      REGIONS COVERED      33

1.4.2      YEARS CONSIDERED     33

1.5         CURRENCY CONSIDERED          33

1.6         STAKEHOLDERS            34

1.7         SUMMARY OF CHANGES            34

2            RESEARCH METHODOLOGY     36

2.1         RESEARCH DATA           36

FIGURE 2           RESEARCH DESIGN       36

FIGURE 3           RESEARCH METHODOLOGY MODEL    37

2.1.1      SECONDARY DATA       37

2.1.1.1   Key secondary sources referred to for vehicle production           38

2.1.1.2   Key secondary sources referred to for market sizing     39

2.1.1.3   Key data from secondary sources     39

2.1.2      PRIMARY DATA 40

FIGURE 4           BREAKDOWN OF PRIMARY INTERVIEWS            40

2.1.2.1   List of primary participants 41

2.2         MARKET SIZE ESTIMATION       41

FIGURE 5           RESEARCH METHODOLOGY: HYPOTHESIS BUILDING  42

2.2.1      BOTTOM-UP APPROACH (ON-HIGHWAY VEHICLES)     43

FIGURE 6           AUTOMOTIVE TURBOCHARGER MARKET ESTIMATION: APPROACH 1 – BOTTOM-UP      43

2.2.2      BOTTOM-UP APPROACH (OFF-HIGHWAY EQUIPMENT)             43

FIGURE 7           OFF-HIGHWAY AUTOMOTIVE TURBOCHARGER MARKET ESTIMATION: BOTTOM-UP APPROACH 43

2.2.3      TOP-DOWN APPROACH             44

FIGURE 8           AUTOMOTIVE TURBOCHARGER MARKET ESTIMATION, BY MATERIAL: TOP-DOWN APPROACH      44

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    45

FIGURE 9           DATA TRIANGULATION             45

2.4         FACTOR ANALYSIS        46

2.4.1      FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES              46

2.5         RESEARCH ASSUMPTIONS AND RISK ANALYSIS 47

2.6         RESEARCH LIMITATIONS           49

2.7         RECESSION IMPACT ANALYSIS 49

3            EXECUTIVE SUMMARY 51

3.1         REPORT SUMMARY       51

FIGURE 10         AUTOMOTIVE TURBOCHARGER MARKET OUTLOOK    51

FIGURE 11         AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030          52

4            PREMIUM INSIGHTS      55

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AUTOMOTIVE TURBOCHARGER MARKET        55

FIGURE 12         STRINGENT EMISSION AND FUEL ECONOMY REGULATIONS TO DRIVE MARKET       55

4.2         AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE    55

FIGURE 13         PASSENGER CAR SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD     55

4.3         AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE          56

FIGURE 14         ALTERNATIVE FUEL/CNG TO BE FASTEST-GROWING SEGMENT DURING FORECAST PERIOD 56

4.4         AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE              56

FIGURE 15         VGT TO BE LEADING SEGMENT DURING FORECAST PERIOD              56

4.5         AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE    57

FIGURE 16         PASSENGER CAR SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       57

4.6         AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE              57

FIGURE 17         E-TURBO TO BE FASTEST-GROWING SEGMENTING FORECAST PERIOD              57

4.7         AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL           58

FIGURE 18         CAST IRON MATERIAL TO DOMINATE MARKET DURING FORECAST PERIOD       58

4.8         OFF-HIGHWAY AUTOMOTIVE TURBOCHARGER MARKET, BY APPLICATION  58

FIGURE 19         AGRICULTURAL TRACTORS APPLICATION TO LEAD MARKET DURING FORECAST PERIOD     58

4.9         AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE              59

FIGURE 20         LCV SEGMENT TO LEAD MARKET DURING FORECAST PERIOD              59

4.10       AUTOMOTIVE TURBOCHARGER MARKET, BY REGION  59

FIGURE 21         ASIA PACIFIC TO DOMINATE MARKET IN 2024  59

5            MARKET OVERVIEW     60

5.1         INTRODUCTION            60

5.2         MARKET DYNAMICS     61

FIGURE 22         DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES              61

5.2.1      DRIVERS            62

5.2.1.1   Strict laws related to NOx and CO2 emission levels     62

TABLE 1             OVERVIEW OF EMISSION REGULATION SPECIFICATIONS FOR PASSENGER CARS, 2017–2023     63

TABLE 2             EMISSION NORMS FOR PASSENGER CARS, BY COUNTRY              64

FIGURE 23         EUROPE: CHANGE IN EMISSION LIMITS 64

FIGURE 24         INDIA: CHANGE IN EMISSION LIMITS    65

FIGURE 25         CHINA: CHANGE IN EMISSION LIMITS   65

5.2.1.2   Increasing demand for passenger cars with gasoline engines       66

FIGURE 26         PASSENGER CAR TRENDS IN EUROPE, BY FUEL TYPE, 2023–2030 (VOLUME SHARE)         67

5.2.2      RESTRAINTS     68

5.2.2.1   High maintenance costs and cooling oil requirements  68

5.2.2.2   Increasing adoption of electric vehicles          69

FIGURE 27         ELECTRIC VEHICLE SALES, BY VEHICLE TYPE, 2019 VS. 2030              70

5.2.3      OPPORTUNITIES           71

5.2.3.1   Development of electric turbochargers          71

5.2.4      CHALLENGES   72

5.2.4.1   Turbo lag             72

5.2.4.2   Availability of very few materials to withstand high temperature of turbocharger components         73

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS       74

FIGURE 28         UPCOMING EMISSION REGULATIONS TO SHIFT FOCUS TO TURBOCHARGED GASOLINE ENGINES AND ELECTRIC PROPULSION    74

5.4         ECOSYSTEM ANALYSIS 75

FIGURE 29         ECOSYSTEM ANALYSIS 75

5.4.1      TURBOCHARGER COMPONENT MANUFACTURERS       76

5.4.2      TURBOCHARGER MANUFACTURERS     76

5.4.3      OEMS   76

TABLE 3             ROLE OF COMPANIES IN ECOSYSTEM   76

5.5         SUPPLY CHAIN ANALYSIS          77

FIGURE 30         SUPPLY CHAIN ANALYSIS          77

5.6         PATENT ANALYSIS        78

5.6.1      INTRODUCTION            78

FIGURE 31         PATENT ANALYSIS        78

5.6.2      LIST OF MAJOR PATENTS          79

TABLE 4             INNOVATIONS AND PATENT REGISTRATIONS 79

5.7         PRICING ANALYSIS        83

5.7.1      TURBO TYPE, BY REGION          83

TABLE 5             AVERAGE REGIONAL PRICE TREND: BY TURBO TYPE AND REGION (USD/UNIT), 2020−2024            83

FIGURE 32         AVERAGE SELLING PRICE TREND, BY TURBO TYPE, 2020−2024              83

5.7.2      VEHICLE TYPE, BY REGION       84

TABLE 6             AVERAGE REGIONAL PRICE TREND: BY VEHICLE TYPE, BY REGION (USD/UNIT), 2020−2024            84

5.8         CASE STUDY ANALYSIS 84

5.8.1      DEVELOPMENT OF EBOOSTER TECHNOLOGY BY BORGWARNER TO REDUCE EMISSIONS      84

5.8.2      DEVELOPMENT OF HIGH-EFFICIENCY GAS ENGINE WITH TWO-STAGE TURBOCHARGING SYSTEM BY MITSUBISHI HEAVY INDUSTRIES LTD    85

5.8.3      GARRETT MOTION DEVELOPED E-TURBOCHARGERS FOR PASSENGER CARS          85

5.8.4      DEVELOPMENT OF KEY TECHNOLOGY FOR EU7– HYBRIDIZED POWERTRAIN BY GARRETT       86

5.8.5      TURBOCHARGER HOUSING DESIGN BY IHI CORPORATION       86

5.8.6      DEVELOPMENT OF NATURAL GAS TURBOCHARGER TECHNOLOGY BY CUMMINS TURBO TECHNOLOGIES 86

5.9         TECHNOLOGY ANALYSIS           87

5.9.1      KEY TECHNOLOGIES    87

5.9.1.1   Electric turbochargers        87

5.9.1.2   Two-stage turbochargers   88

5.9.2      ADJACENT TECHNOLOGY         88

5.9.2.1   Turbocharger speed sensors             88

5.10       REGULATORY LANDSCAPE       89

5.10.1    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          89

TABLE 7             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         89

TABLE 8             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         90

TABLE 9             ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         91

TABLE 10           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

5.10.2    EMISSION REGULATIONS          92

5.10.2.1 On-road vehicles 92

TABLE 11           TIMELINE OF EURO REGULATIONS FOR HEAVY-DUTY ENGINES AND PASSENGER VEHICLES   92

TABLE 12           HISTORICAL OVERVIEW OF ON-ROAD VEHICLE EMISSION REGULATIONS FOR PASSENGER CARS, 2016–2021           93

FIGURE 33         ON-ROAD VEHICLE EMISSION REGULATION OUTLOOK FOR HEAVY-DUTY VEHICLES, 2019–2030       93

5.10.2.2 Non-road mobile machinery (NRMM) emission regulation outlook         94

FIGURE 34         NRMM EMISSION REGULATION OUTLOOK, OFF-HIGHWAY VEHICLES, 2019–2030     94

5.11       FUEL ECONOMY NORMS            95

5.11.1    US         95

TABLE 13           US: CAFE STANDARDS FOR EACH MODEL YEAR IN MILES PER GALLON, 2019−2025     95

5.11.2    EUROPE             95

5.11.3    CHINA  96

TABLE 14           CHINA: CHINA 6A AND 6B STANDARD, 2021 ONWARDS 96

5.11.4    INDIA   97

5.12       KEY STAKEHOLDERS AND BUYING CRITERIA    97

5.12.1    KEY STAKEHOLDERS IN BUYING PROCESS         97

FIGURE 35         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP VEHICLE TYPES          97

TABLE 15           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP VEHICLE TYPES    98

5.12.2    BUYING CRITERIA         98

FIGURE 36         KEY BUYING CRITERIA FOR TOP TURBO TYPES 98

TABLE 16           KEY BUYING CRITERIA FOR TOP TURBO TYPES 99

5.13       KEY CONFERENCES AND EVENTS          99

TABLE 17           KEY CONFERENCES AND EVENTS, 2024−2025    99

5.14       TRADE DATA ANALYSIS             100

5.14.1    IMPORT DATA 100

TABLE 18           US: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD)     100

TABLE 19           CHINA: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD)              100

TABLE 20           JAPAN: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD)              100

TABLE 21           GERMANY: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD)              101

TABLE 22           FRANCE: IMPORT SHARE, BY COUNTRY, 2019−2023 (USD)              101

5.14.2    EXPORT DATA 101

TABLE 23           US: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD)     101

TABLE 24           CHINA: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD)              102

TABLE 25           JAPAN: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD)              102

TABLE 26           INDIA: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD)              102

TABLE 27           GERMANY: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD)              103

TABLE 28           FRANCE: EXPORT SHARE, BY COUNTRY, 2019−2023 (USD)              103

5.15       IMPACT OF REGULATIONS/TRADE AGREEMENTS ON AUTOMOTIVE TURBOCHARGER MARKET, BY REGION 103

5.15.1    NORTH AMERICA          103

5.15.1.1 United States-Mexico-Canada Agreement (USMCA)  103

5.15.1.2 Investment summary         104

5.15.1.3 Impact on automotive components, including turbochargers      105

5.15.2    ASIA PACIFIC    105

5.15.2.1 Regional Comprehensive Economic Partnership (RCEP)          105

5.15.2.2 Japan-ASEAN Free Trade Agreement (JAEPA)           106

5.15.2.3 Make in India       106

5.15.3    EUROPE             107

5.15.3.1 EU-Japan Economic Partnership Agreement (EPA)    107

5.16       INVESTMENT SCENARIO            107

FIGURE 37         INVESTMENT SCENARIO, 2020−2024     108

TABLE 29           LIST OF FEW FUNDING IN 2020−2021    108

6            AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE              109

6.1         INTRODUCTION            110

FIGURE 38         AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2024 VS. 2030        110

TABLE 30           AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS)    110

TABLE 31           AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS)    111

TABLE 32           AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)             111

TABLE 33           AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)             111

6.2         VARIABLE GEOMETRY TURBOCHARGER (VGT) 112

6.2.1      RISING DEMAND FOR TECHNOLOGIES OFFERING HIGH EFFICIENCY AND LOW CARBON EMISSION TO DRIVE MARKET         112

TABLE 34           VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)             112

TABLE 35           VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)             112

TABLE 36           VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)       113

TABLE 37           VGT: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)       113

6.3         WASTEGATE TURBOCHARGER 113

6.3.1      INCREASING DEMAND FOR SMALL CARS IN ASIA PACIFIC TO DRIVE MARKET            113

TABLE 38           WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 114

TABLE 39           WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 114

TABLE 40           WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)         114

TABLE 41           WASTEGATE TURBOCHARGER: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)         115

6.4         ELECTRIC TURBOCHARGER (E-TURBO)             115

6.4.1      INCREASING USE OF MILD HYBRID VEHICLES TO DRIVE MARKET              115

TABLE 42           E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)       116

TABLE 43           E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)       116

TABLE 44           E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)  116

TABLE 45           E-TURBO: AUTOMOTIVE DIESEL TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)  117

6.5         VARIABLE TWIN-SCROLL TURBOCHARGER       117

6.6         TWIN TURBOCHARGER 118

6.6.1      TWO-STAGE SERIES TURBOCHARGER  118

6.6.2      TWO-STAGE PARALLEL TURBOCHARGER          118

6.6.3      TWIN-SCROLL TURBOCHARGER            118

6.7         FREE-FLOATING TURBOCHARGER        119

6.8         DOUBLE AXLE TURBOCHARGER            119

6.9         PRIMARY INSIGHTS       119

7            AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE              120

7.1         INTRODUCTION            121

FIGURE 39         AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2024 VS. 2030        121

TABLE 46           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS)    121

TABLE 47           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS)    122

TABLE 48           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)             122

TABLE 49           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)             122

7.2         VARIABLE GEOMETRY TURBOCHARGER/VARIABLE NOZZLE TURBOCHARGER (VGT/VNT)   123

7.2.1      INCREASING DEMAND FOR HIGH-PERFORMANCE VEHICLES TO DRIVE MARKET 123

TABLE 50           VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)             123

TABLE 51           VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)             123

TABLE 52           VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)       124

TABLE 53           VGT: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)       124

7.3         WASTEGATE TURBOCHARGER 125

7.3.1      NEED FOR SMALLER AND MORE EFFICIENT ENGINES TO DRIVE MARKET            125

TABLE 54           WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 125

TABLE 55           WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 125

TABLE 56           WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)         126

TABLE 57           WASTEGATE TURBOCHARGER: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)         126

7.4         ELECTRIC TURBOCHARGER (E-TURBO)             126

7.4.1      ENGINE DOWNSIZING TO IMPROVE FUEL EFFICIENCY AND REDUCE EMISSIONS TO DRIVE MARKET 126

TABLE 58           E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)    127

TABLE 59           E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)    127

TABLE 60           E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)            127

TABLE 61           E-TURBO: AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)            128

7.5         VARIABLE TWIN-SCROLL TURBOCHARGER       128

7.6         TWIN TURBOCHARGER 129

7.6.1      TWO-STAGE SERIES TURBOCHARGER  129

7.6.2      TWO-STAGE PARALLEL TURBOCHARGER          129

7.6.3      TWIN-SCROLL TURBOCHARGER            129

7.7         PRIMARY INSIGHTS       130

8            AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE    131

8.1         INTRODUCTION            132

FIGURE 40         AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024 VS, 2030     132

TABLE 62           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 132

TABLE 63           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 133

TABLE 64           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          133

TABLE 65           AUTOMOTIVE GASOLINE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          133

8.2         PASSENGER CAR            134

8.2.1      CONSUMER PREFERENCES AND ADVANCEMENTS IN TECHNOLOGY TO DRIVE MARKET       134

TABLE 66           PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)             134

TABLE 67           PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)             135

TABLE 68           PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)       135

TABLE 69           PASSENGER CAR: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)       135

8.3         LIGHT COMMERCIAL VEHICLE (LCV)   136

8.3.1      LOWER UPFRONT COSTS OF LCVS WITH GASOLINE ENGINES TO DRIVE MARKET 136

TABLE 70           LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)          136

TABLE 71           LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)          137

TABLE 72           LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)     137

TABLE 73           LCV: GASOLINE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)     137

8.4         PRIMARY INSIGHTS       138

9            AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE    139

9.1         INTRODUCTION            140

FIGURE 41         AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024 VS. 2030     140

TABLE 74           AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 140

TABLE 75           AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 141

TABLE 76           AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          141

TABLE 77           AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          141

9.2         PASSENGER CAR            142

9.2.1      TREND FOR SMALLER AND MORE FUEL-EFFICIENT GASOLINE ENGINES TO DRIVE MARKET    142

TABLE 78           PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)          142

TABLE 79           PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)          143

TABLE 80           PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)     143

TABLE 81           PASSENGER CAR TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)     143

9.3         LIGHT COMMERCIAL VEHICLE (LCV)   144

9.3.1      GROWING PRODUCTION OF LCVS WITH DIESEL ENGINES TO DRIVE MARKET            144

TABLE 82           LCV TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     144

TABLE 83           LCV TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     144

TABLE 84           LCV TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)          145

TABLE 85           LCV TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)          145

9.4         TRUCK 145

9.4.1      GROWTH IN CONSTRUCTION AND TRANSPORTATION INDUSTRIES TO DRIVE MARKET       145

TABLE 86           TRUCK TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     146

TABLE 87           TRUCK TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     146

TABLE 88           TRUCK TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION) 146

TABLE 89           TRUCK TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION) 147

9.5         BUS       147

9.5.1      INCREASE IN DEMAND FOR PUBLIC AND PRIVATE TRANSPORTATION TO DRIVE MARKET       147

TABLE 90           BUS TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     148

TABLE 91           BUS TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     148

TABLE 92           BUS TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)          148

TABLE 93           BUS TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)          149

9.6         PRIMARY INSIGHTS       149

10          AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE          150

10.1       INTRODUCTION            151

FIGURE 42         AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2024 VS. 2030 (USD MILLION)             151

TABLE 94           AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2023 (THOUSAND UNITS) 152

TABLE 95           AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2024–2030 (THOUSAND UNITS) 152

TABLE 96           AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2019–2023 (USD MILLION)          152

TABLE 97           AUTOMOTIVE TURBOCHARGER MARKET, BY FUEL TYPE, 2024–2030 (USD MILLION)          152

10.2       DIESEL 153

10.2.1    INCREASING DEMAND FOR HEAVY COMMERCIAL VEHICLES TO DRIVE MARKET            153

TABLE 98           DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 153

TABLE 99           DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 154

TABLE 100         DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)          154

TABLE 101         DIESEL: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)          154

10.3       GASOLINE         155

10.3.1    ABILITY TO INCREASE ENGINE EFFICIENCY AND DECREASE FUEL USE TO DRIVE MARKET       155

TABLE 102         GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)             155

TABLE 103         GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)             155

TABLE 104         GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)       156

TABLE 105         GASOLINE: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)       156

10.4       ALTERNATIVE FUEL/CNG         156

10.4.1    CHANGING GOVERNMENT REGULATIONS TO DRIVE MARKET 156

TABLE 106         ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)    157

TABLE 107         ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)    157

TABLE 108         ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)            157

TABLE 109         ALTERNATIVE FUEL/CNG: AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)            158

10.5       PRIMARY INSIGHTS       158

11          AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT     159

11.1       INTRODUCTION            160

FIGURE 43         AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2024 VS. 2030     160

TABLE 110         AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2019–2023 (THOUSAND UNITS) 160

TABLE 111         AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2024–2030 (THOUSAND TONS)  161

TABLE 112         AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2019–2023 (USD MILLION)          161

TABLE 113         AUTOMOTIVE TURBOCHARGER MARKET, BY COMPONENT, 2024–2030 (USD MILLION)          161

11.2       TURBINE WHEEL           162

11.2.1    GROWING DEMAND FOR LDVS TO DRIVE MARKET       162

TABLE 114         TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)         162

TABLE 115         TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)         162

TABLE 116         TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)    163

TABLE 117         TURBINE WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)    163

11.3       COMPRESSOR WHEEL  163

11.3.1    ADDITIVE MANUFACTURING TO DRIVE MARKET          163

TABLE 118         COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)      164

TABLE 119         COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)      164

TABLE 120         COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 164

TABLE 121         COMPRESSOR WHEEL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 164

11.4       HOUSING          165

11.4.1    LDV SEGMENT TO DRIVE MARKET        165

TABLE 122         HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 165

TABLE 123         HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 165

TABLE 124         HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          166

TABLE 125         HOUSING: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          166

11.5       PRIMARY INSIGHTS       166

12          AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL           167

12.1       INTRODUCTION            168

FIGURE 44         AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2024 VS. 2030 168

TABLE 126         AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2019–2023 (THOUSAND TONS)           168

TABLE 127         AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2024–2030 (THOUSAND TONS)           169

TABLE 128         AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2019–2023 (USD MILLION)     169

TABLE 129         AUTOMOTIVE TURBOCHARGER MARKET, BY MATERIAL, 2024–2030 (USD MILLION)     169

12.2       CAST IRON        170

12.2.1    GROWING DEMAND FOR COST-EFFECTIVE AND HEAT-RESISTANT MATERIALS TO DRIVE MARKET             170

TABLE 130         CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND TONS)  170

TABLE 131         CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND TONS)  170

TABLE 132         CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          171

TABLE 133         CAST IRON: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          171

12.3       ALUMINUM       171

12.3.1    INCREASING USE OF ALUMINUM TURBINE HOUSING IN LDVS TO DRIVE MARKET 171

TABLE 134         ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND TONS)  172

TABLE 135         ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND TONS)  172

TABLE 136         ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          172

TABLE 137         ALUMINUM: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          172

12.4       OTHER MATERIALS      173

TABLE 138        OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND TONS)          173

TABLE 139        OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND TONS)          173

TABLE 140        OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)    174

TABLE 141        OTHER MATERIALS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 USD MILLION)      174

12.5       PRIMARY INSIGHTS       174

13          OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION    175

13.1       INTRODUCTION            176

FIGURE 45         OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2024 VS. 2030     176

TABLE 142         OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2019–2023 (THOUSAND UNITS) 177

TABLE 143         OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2024–2030 (THOUSAND UNITS) 177

TABLE 144         OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2019–2023 (USD MILLION)          177

TABLE 145         OFF-HIGHWAY TURBOCHARGER MARKET, BY APPLICATION, 2024–2030 (USD MILLION)          177

13.2       AGRICULTURAL TRACTORS      178

13.2.1    INCREASING DEMAND FOR HIGH-PERFORMANCE POWER TRACTORS TO DRIVE MARKET       178

TABLE 146         AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)             178

TABLE 147         AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)             179

TABLE 148         AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)       179

TABLE 149         AGRICULTURAL TRACTOR TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)       179

13.3       CONSTRUCTION EQUIPMENT  180

13.3.1    GROWTH IN CONSTRUCTION INDUSTRY IN ASIA PACIFIC AND NORTH AMERICA TO DRIVE MARKET    180

TABLE 150         CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)             180

TABLE 151         CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)             180

TABLE 152         CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)       181

TABLE 153         CONSTRUCTION EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)       181

13.4       MINING EQUIPMENT    181

13.4.1    GROWING MINING ACTIVITIES TO DRIVE MARKET       181

TABLE 154         MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS) 182

TABLE 155         MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS) 182

TABLE 156         MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)          182

TABLE 157         MINING EQUIPMENT TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)          183

13.5       PRIMARY INSIGHTS       183

14          AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE              184

14.1       INTRODUCTION            185

FIGURE 46         AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2024 VS. 2030 (USD MILLION)       185

TABLE 158         AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    185

TABLE 159         AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    186

TABLE 160         AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             186

TABLE 161         AUTOMOTIVE TURBOCHARGER AFTERMARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             186

14.2       LIGHT COMMERCIAL VEHICLE (LCV)   186

14.2.1    GROWING DEMAND FOR TURBOCHARGER REPLACEMENTS FOR LCVS TO DRIVE MARKET       186

TABLE 162         LCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     187

TABLE 163         LCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     187

TABLE 164         LCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (USD MILLION) 187

TABLE 165         LCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (USD MILLION) 188

14.3       HEAVY COMMERCIAL VEHICLE (HCV)  188

14.3.1    EXTENSIVE USE OF HCVS IN LOGISTICS AND TRANSPORTATION TO DRIVE MARKET 188

TABLE 166         HCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (THOUSAND UNITS)     189

TABLE 167         HCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (THOUSAND UNITS)     189

TABLE 168         HCV TURBOCHARGER AFTERMARKET, BY REGION, 2019–2023 (USD MILLION) 189

TABLE 169         HCV TURBOCHARGER AFTERMARKET, BY REGION, 2024–2030 (USD MILLION) 190

14.4       PRIMARY INSIGHTS       190

15          AUTOMOTIVE TURBOCHARGER MARKET, BY REGION  191

15.1       INTRODUCTION            192

FIGURE 47         AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030      192

TABLE 170         AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (THOUSAND UNITS)          192

TABLE 171         AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (THOUSAND UNITS)          193

TABLE 172         AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2019–2023 (USD MILLION)     193

TABLE 173         AUTOMOTIVE TURBOCHARGER MARKET, BY REGION, 2024–2030 (USD MILLION)     193

15.1.1    AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE       194

TABLE 174         AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS) 194

TABLE 175         AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS) 194

TABLE 176         AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)          194

TABLE 177         AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)          194

15.2       ASIA PACIFIC    195

15.2.1    ECONOMIC RECESSION IMPACT            195

FIGURE 48         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET SNAPSHOT        196

TABLE 178         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)         197

TABLE 179         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)         197

TABLE 180         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION)    198

TABLE 181         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION)    198

15.2.2    AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE       199

TABLE 182         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS)    199

TABLE 183         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS)    199

TABLE 184         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)             199

TABLE 185         ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)             200

15.2.3    CHINA  200

15.2.3.1 Growing demand for TGDI engines to drive market    200

TABLE 186         CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    200

TABLE 187         CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    200

TABLE 188         CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             201

TABLE 189         CHINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             201

15.2.4    INDIA   201

15.2.4.1 Growth in sales of gasoline vehicles to drive market     201

TABLE 190         INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    202

TABLE 191         INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    202

TABLE 192         INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             202

TABLE 193         INDIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             203

15.2.5    JAPAN  203

15.2.5.1 Growing performance-oriented vehicle market to drive market  203

TABLE 194         JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    204

TABLE 195         JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    204

TABLE 196         JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             204

TABLE 197         JAPAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             205

15.2.6    SOUTH KOREA 205

15.2.6.1 Growing popularity of gasoline vehicles to drive market             205

TABLE 198         SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 206

TABLE 199         SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 206

TABLE 200         SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          206

TABLE 201         SOUTH KOREA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          207

15.2.7    THAILAND        207

15.2.7.1 Government incentives and stringent emission norms to drive market     207

TABLE 202         THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 207

TABLE 203         THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 208

TABLE 204         THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          208

TABLE 205         THAILAND: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          208

15.2.8    INDONESIA       209

15.2.8.1 Rising demand for fuel-efficient vehicles and stricter emission standards to drive market   209

TABLE 206         INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 209

TABLE 207         INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 209

TABLE 208         INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          210

TABLE 209         INDONESIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          210

15.2.9    REST OF ASIA PACIFIC  210

TABLE 210         REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)      211

TABLE 211         REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)      211

TABLE 212         REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION) 211

TABLE 213         REST OF ASIA PACIFIC: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION) 212

15.3       EUROPE             212

15.3.1    ECONOMIC RECESSION IMPACT            212

FIGURE 49         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET SNAPSHOT        213

TABLE 214         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)         214

TABLE 215         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)         214

TABLE 216         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION)    215

TABLE 217         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION)    215

15.3.2    AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE       216

TABLE 218         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS)    216

TABLE 219         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS)    216

TABLE 220         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)             216

TABLE 221         EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)             217

15.3.3    GERMANY         217

15.3.3.1 Strict emission norms and shift toward gasoline vehicles to drive market  217

TABLE 222         GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 217

TABLE 223         GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 218

TABLE 224         GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          218

TABLE 225         GERMANY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          218

15.3.4    FRANCE             219

15.3.4.1 Government regulations and presence of domestic automakers to drive market              219

TABLE 226         FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 219

TABLE 227         FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 219

TABLE 228         FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          220

TABLE 229         FRANCE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          220

15.3.5    UK         220

15.3.5.1 Target to reduce CO2 emissions from cars to drive market        220

TABLE 230         UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    221

TABLE 231         UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    221

TABLE 232         UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             221

TABLE 233         UK: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             222

15.3.6    SPAIN   222

15.3.6.1 Commitment to reducing carbon footprint to drive market        222

TABLE 234         SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    222

TABLE 235         SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    223

TABLE 236         SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             223

TABLE 237         SPAIN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             223

15.3.7    ITALY   224

15.3.7.1 Government subsidies and demand for high-performance vehicles to drive market              224

TABLE 238         ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    224

TABLE 239         ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    224

TABLE 240         ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             225

TABLE 241         ITALY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             225

15.3.8    RUSSIA 225

15.3.8.1 Stringent emission norms to drive market      225

TABLE 242         RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 226

TABLE 243         RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 226

TABLE 244         RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          226

TABLE 245         RUSSIA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          227

15.3.9    TURKEY             227

15.3.9.1 Reduced emission limits for diesel vehicles and increased fuel prices to drive market   227

TABLE 246         TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 227

TABLE 247         TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 228

TABLE 248         TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          228

TABLE 249         TURKEY: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          228

15.3.10  REST OF EUROPE           228

TABLE 250         REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)         229

TABLE 251         REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)         229

TABLE 252         REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)    229

TABLE 253         REST OF EUROPE: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)    230

15.4       NORTH AMERICA          230

15.4.1    ECONOMIC RECESSION IMPACT            230

TABLE 254         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS)   231

TABLE 255         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS)   231

TABLE 256         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION)            231

TABLE 257         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION)            231

15.4.2    AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE       232

TABLE 258         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS)            232

TABLE 259         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS)            232

TABLE 260         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)       232

TABLE 261         NORTH AMERICA: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)       233

15.4.3    US         233

15.4.3.1 Stringent emission norms and adoption of gasoline TGDI engines to drive market              233

TABLE 262         US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    233

TABLE 263         US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    234

TABLE 264         US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             234

TABLE 265         US: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             234

15.4.4    CANADA            235

15.4.4.1 Growing demand for high fuel economy to drive market            235

TABLE 266         CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 235

TABLE 267         CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 235

TABLE 268         CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          236

TABLE 269         CANADA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          236

15.4.5    MEXICO             236

15.4.5.1 Rising fuel prices and stringent emission norms to drive market 236

TABLE 270         MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 237

TABLE 271         MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 237

TABLE 272         MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          237

TABLE 273         MEXICO: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          238

15.5       REST OF THE WORLD (ROW)    238

15.5.1    RECESSION IMPACT      238

TABLE 274         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (THOUSAND UNITS) 239

TABLE 275         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (THOUSAND UNITS) 239

TABLE 276         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2019–2023 (USD MILLION)          239

TABLE 277         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY COUNTRY, 2024–2030 (USD MILLION)          240

15.5.2    AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE       240

TABLE 278         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (THOUSAND UNITS)    240

TABLE 279         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (THOUSAND UNITS)    240

TABLE 280         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2019–2023 (USD MILLION)             241

TABLE 281         ROW: AUTOMOTIVE TURBOCHARGER MARKET, BY TURBO TYPE, 2024–2030 (USD MILLION)             241

15.5.3    BRAZIL 241

15.5.3.1 Increasing sales of diesel vehicles to drive market         241

TABLE 282         BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 242

TABLE 283         BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 242

TABLE 284         BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          242

TABLE 285         BRAZIL: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          243

15.5.4    ARGENTINA      243

15.5.4.1 Increasing use of commercial vehicles and shift toward alternate fuels to drive market   243

TABLE 286         ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 244

TABLE 287         ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 244

TABLE 288         ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          244

TABLE 289         ARGENTINA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          245

15.5.5    IRAN     245

15.5.5.1 Emission regulations and exploration of natural gas reserves to drive market              245

TABLE 290         IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS)    245

TABLE 291         IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS)    246

TABLE 292         IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)             246

TABLE 293         IRAN: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)             246

15.5.6    SOUTH AFRICA 247

15.5.6.1 Increasing production of automobiles and use of HCVs to drive market   247

TABLE 294         SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 247

TABLE 295         SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 247

TABLE 296         SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          248

TABLE 297         SOUTH AFRICA: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          248

15.5.7    OTHERS             248

TABLE 298         OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (THOUSAND UNITS) 249

TABLE 299         OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (THOUSAND UNITS) 249

TABLE 300         OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2019–2023 (USD MILLION)          249

TABLE 301         OTHERS: AUTOMOTIVE TURBOCHARGER MARKET, BY VEHICLE TYPE, 2024–2030 (USD MILLION)          250

15.6       PRIMARY INSIGHTS       250

16          COMPETITIVE LANDSCAPE       251

16.1       OVERVIEW        251

16.2       MARKET SHARE ANALYSIS, 2023             251

FIGURE 50         SHARE OF LEADING PLAYERS IN AUTOMOTIVE TURBOCHARGER MARKET, 2023             251

TABLE 302         DEGREE OF COMPETITION, 2023           252

FIGURE 51        REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2020 VS. 2023      254

16.3       KEY PLAYERS’ STRATEGIES/RIGHT TO WIN, 2022–2024  255

TABLE 303         KEY GROWTH STRATEGIES, 2022–2024  255

16.4       COMPANY EVALUATION MATRIX (AUTOMOTIVE TURBOCHARGER MANUFACTURERS)       256

16.4.1    STARS  256

16.4.2    EMERGING LEADERS    256

16.4.3    PERVASIVE PLAYERS     256

16.4.4    PARTICIPANTS 256

FIGURE 52         COMPANY EVALUATION MATRIX (AUTOMOTIVE TURBOCHARGER MANUFACTURERS), 2024        257

16.4.5    COMPANY FOOTPRINT (AUTOMOTIVE TURBOCHARGER MANUFACTURERS)       258

FIGURE 53         AUTOMOTIVE TURBOCHARGER MARKET: COMPANY FOOTPRINT, 2023          258

16.4.6    VEHICLE TYPE FOOTPRINT      259

TABLE 304         AUTOMOTIVE TURBOCHARGER MARKET: VEHICLE TYPE FOOTPRINT, 2023          259

16.4.7    TURBO TYPE FOOTPRINT         260

TABLE 305         AUTOMOTIVE TURBOCHARGER MARKET: TURBO TYPE FOOTPRINT, 2023          260

16.4.8    REGION FOOTPRINT    261

TABLE 306         AUTOMOTIVE TURBOCHARGER MARKET: REGION FOOTPRINT, 2023          261

16.5       COMPANY EVALUATION MATRIX (AUTOMOTIVE TURBOCHARGER COMPONENT MANUFACTURERS)         262

16.5.1    STARS  262

16.5.2    EMERGING LEADERS    262

16.5.3    PERVASIVE PLAYERS     262

16.5.4    PARTICIPANTS 262

FIGURE 54         COMPANY EVALUATION MATRIX (AUTOMOTIVE COMPONENT MANUFACTURERS), 2023 263

16.5.5    COMPANY FOOTPRINT (AUTOMOTIVE TURBOCHARGER COMPONENT MANUFACTURERS)         264

FIGURE 55         AUTOMOTIVE TURBOCHARGER (COMPONENT MANUFACTURERS) MARKET: COMPANY FOOTPRINT   264

16.5.6    REGION FOOTPRINT    265

TABLE 307         AUTOMOTIVE TURBOCHARGER (COMPONENT MANUFACTURERS) MARKET: REGION FOOTPRINT       265

16.5.7    COMPONENT FOOTPRINT        265

TABLE 308         AUTOMOTIVE TURBOCHARGER (COMPONENT MANUFACTURERS) MARKET: COMPONENT FOOTPRINT           265

16.6       COMPETITIVE SCENARIOS AND TRENDS           266

16.6.1    PRODUCT LAUNCHES  266

TABLE 309         AUTOMOTIVE TURBOCHARGER MARKET: PRODUCT LAUNCHES, JANUARY 2021− DECEMBER 2022   266

16.6.2    DEALS  267

TABLE 310         AUTOMOTIVE TURBOCHARGER MARKET: DEALS, 2021 267

16.6.3    OTHER DEVELOPMENTS           268

TABLE 311         AUTOMOTIVE TURBOCHARGER MARKET: OTHER DEVELOPMENTS, JANUARY 2021–DECEMBER 2023         268

16.6.4    EXPANSIONS    270

TABLE 312         EXPANSIONS, JANUARY 2022–DECEMBER 2023   270

16.7       SUPPLIER ANALYSIS     271

TABLE 313         AUTOMOTIVE TURBOCHARGER MARKET: WHO SUPPLIES WHOM, 2021−2024        271

16.8       COMPANY VALUATION 272

FIGURE 56         COMPANY VALUATION, 2023 (USD BILLION)     272

16.9       FINANCIAL METRICS    272

FIGURE 57         FINANCIAL METRICS, 2023         272

16.10     PRODUCT COMPARISON           273

16.11     LIST OF SUPERALLOY MANUFACTURERS           274

TABLE 314         LIST OF SUPERALLOY MANUFACTURERS           274

16.12     LIST OF TURBINE WHEEL MANUFACTURERS    275

TABLE 315         LIST OF TURBINE WHEEL MANUFACTURERS    275

17          COMPANY PROFILES    277

(Business overview, Products offered, Recent developments & MnM View)*

17.1       KEY PLAYERS   277

17.1.1    BORGWARNER INC.       277

TABLE 316         BORGWARNER INC.: COMPANY OVERVIEW       277

FIGURE 58         BORGWARNER INC.: COMPANY SNAPSHOT       278

TABLE 317         BORGWARNER INC.: PRODUCTS OFFERED        278

TABLE 318         BORGWARNER INC.: PRODUCT LAUNCHES       279

TABLE 319         BORGWARNER INC.: DEALS       279

TABLE 320         BORGWARNER INC.: OTHERS    280

17.1.2    GARRETT MOTION INC.             282

TABLE 321         GARRETT MOTION INC.: COMPANY OVERVIEW 282

FIGURE 59         GARRETT MOTION INC.: COMPANY SNAPSHOT             283

TABLE 322         GARRETT MOTION INC.: PRODUCTS OFFERED 283

TABLE 323         GARRETT MOTION INC.: PRODUCT LAUNCHES             284

TABLE 324         GARRETT MOTION INC.: DEALS             285

TABLE 325         GARRETT MOTION INC.: EXPANSIONS  285

TABLE 326         GARRETT MOTION INC.: OTHERS          286

17.1.3    MITSUBISHI HEAVY INDUSTRIES LTD.  288

TABLE 327         MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY OVERVIEW              288

FIGURE 60         MITSUBISHI HEAVY INDUSTRIES LTD.: COMPANY SNAPSHOT              289

TABLE 328         MITSUBISHI HEAVY INDUSTRIES LTD.: PRODUCTS OFFERED              289

TABLE 329         MITSUBISHI HEAVY INDUSTRIES LTD.: DEALS  290

17.1.4    IHI CORPORATION        292

TABLE 330         IHI CORPORATION: COMPANY OVERVIEW        292

FIGURE 61         IHI CORPORATION: COMPANY SNAPSHOT        293

TABLE 331         IHI CORPORATION: PRODUCTS OFFERED         293

TABLE 332         IHI CORPORATION: DEALS        294

TABLE 333         IHI CORPORATION: OTHERS     294

17.1.5    CUMMINS INC. 296

TABLE 334         CUMMINS INC.: COMPANY OVERVIEW  296

FIGURE 62         CUMMINS INC.: COMPANY SNAPSHOT 297

TABLE 335         CUMMINS INC.: PRODUCTS OFFERED   297

TABLE 336         CUMMINS INC.: PRODUCT LAUNCHES/DEVELOPMENTS              298

TABLE 337         CUMMINS INC.: EXPANSIONS    299

17.1.6    BMTS TECHNOLOGY    301

TABLE 338         BMTS TECHNOLOGY: COMPANY OVERVIEW     301

TABLE 339         BMTS TECHNOLOGY: PRODUCTS OFFERED      301

TABLE 340         BMTS TECHNOLOGY: DEALS    302

TABLE 341         BMTS TECHNOLOGY: OTHERS 302

TABLE 342         BMTS TECHNOLOGY: EXPANSIONS       303

17.1.7    VITESCO TECHNOLOGIES GMBH           304

TABLE 343         VITESCO TECHNOLOGIES GMBH: COMPANY OVERVIEW              304

FIGURE 63         VITESCO TECHNOLOGIES GMBH: COMPANY SNAPSHOT              305

TABLE 344         VITESCO TECHNOLOGIES GMBH: PRODUCTS OFFERED              305

TABLE 345         VITESCO TECHNOLOGIES GMBH: DEALS           305

17.1.8    CHANGCHUN FAWER-IHI TURBOCHARGER CO., LTD    306

TABLE 346         CHANGCHUN FAWER-IHI TURBOCHARGER CO., LTD: COMPANY OVERVIEW  306

TABLE 347         CHANGCHUN FAWER-IHI TURBOCHARGER CO., LTD: PRODUCTS OFFERED   306

17.1.9    TURBO ENERGY PRIVATE LIMITED       307

TABLE 348         TURBO ENERGY PRIVATE LIMITED: COMPANY OVERVIEW              307

TABLE 349         TURBO ENERGY PRIVATE LIMITED: PRODUCTS OFFERED              307

17.1.10  CONTINENTAL AG        308

TABLE 350         CONTINENTAL AG: COMPANY OVERVIEW         308

FIGURE 64         CONTINENTAL AG: COMPANY SNAPSHOT        309

TABLE 351         CONTINENTAL AG: PRODUCTS OFFERED          309

*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.

17.2       OTHER PLAYERS           310

17.2.1    ROTOMASTER  310

TABLE 352         ROTOMASTER: COMPANY OVERVIEW  310

17.2.2    NINGBO WEIFU TIANLI SUPERCHARGING TECHNOLOGY CO., LTD.              311

TABLE 353         NINGBO WEIFU TIANLI SUPERCHARGING TECHNOLOGY CO., LTD.: COMPANY OVERVIEW      311

17.2.3    TURBONETICS INC.       312

TABLE 354         TURBONETICS INC.: COMPANY OVERVIEW       312

17.2.4    TURBO INTERNATIONAL           313

TABLE 355         TURBO INTERNATIONAL: COMPANY OVERVIEW           313

17.2.5    KOMPRESSORENBAU BANNEWITZ GMBH          314

TABLE 356         KOMPRESSORENBAU BANNEWITZ GMBH: COMPANY OVERVIEW        314

17.2.6    MAGNUM PERFORMANCE TURBOS       315

TABLE 357         MAGNUM PERFORMANCE TURBOS: COMPANY OVERVIEW              315

17.2.7    WEIFANG FUYUAN TURBOCHARGER CO., LTD. 316

TABLE 358         WEIFANG FUYUAN TURBOCHARGER CO., LTD.: COMPANY OVERVIEW        316

17.2.8    HUNAN TYEN MACHINERY CO., LTD.    317

TABLE 359         HUNAN TYEN MACHINERY CO., LTD.: COMPANY OVERVIEW              317

17.2.9    MAN ENERGY SOLUTIONS         318

TABLE 360         MAN ENERGY SOLUTIONS: COMPANY OVERVIEW         318

17.2.10  KEYYANG PRECISION CO., LTD 319

TABLE 361         KEYYANG PRECISION CO., LTD: COMPANY OVERVIEW 319

17.2.11  FUYUAN TURBOCHARGER CO. LTD      320

TABLE 362         FUYUAN TURBOCHARGER CO. LTD: COMPANY OVERVIEW              320

18          RECOMMENDATIONS BY MARKETSANDMARKETS         321

18.1       ASIA PACIFIC TO BE MAJOR MARKET FOR AUTOMOTIVE TURBOCHARGERS         321

18.2       ELECTRIC TURBOCHARGERS TO BE KEY FOCUS FOR MANUFACTURERS        322

18.3       CONCLUSION   322

19          APPENDIX         323

19.1       KEY INDUSTRY INSIGHTS          323

19.2       DISCUSSION GUIDE      323

19.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             327

19.4       CUSTOMIZATION OPTIONS      329

19.4.1    AUTOMOTIVE TURBOCHARGER MARKET, BY SALES CHANNEL 329

19.4.2    OFF-HIGHWAY TURBOCHARGER MARKET, BY TECHNOLOGY   329

19.4.3    DETAILED ANALYSIS AND PROFILING OF ADDITIONAL MARKET PLAYERS           329

19.5       RELATED REPORTS       329

19.6       AUTHOR DETAILS         330