NEW YORK, Feb. 16, 2017 /PRNewswire/ – Trends, opportunities and forecast in this market to 2021 by technology (wastegate, variable geometry turbocharger, and twin turbo), fuel type (diesel and gasoline), end-user (OEM and aftermarket), vehicle type (passenger car, light commercial vehicle and heavy commercial vehicle), by region (North America, Europe, Asia Pacific, Rest of the World)
The future of the global automotive turbocharger market looks promising with opportunities in the OEM and aftermarkets. The global automotive turbocharger market is expected to reach an estimated $19.5 billion by 2021. The global automotive turbocharger market is forecast to grow at a CAGR of 10.1% from 2016 to 2021. The major drivers of growth for this market are increasing trends towards engine downsizing, stringent government emission norms for fuel efficiency, growth of the global automotive production, and consumer concerns about fuel efficiency.
Emerging trends, which have a direct impact on the dynamics of automotive turbocharger industry, include the development of electric turbocharger and development of ball bearing turbocharger.
The study includes the automotive turbocharger market size, and forecast for the global automotive turbocharger market segmented by product type, end user, vehicle type and region, as follows:
Automotive turbocharger market by Technology ($ billion from 2010 to 2021)
– Variable Geometry Turbocharger
– Twin Turbo
Automotive turbocharger market by Fuel Type ($ billion from 2010 to 2021)
Automotive turbocharger market by Vehicle Types ($ billion from 2010 to 2021)
– Passenger Car
– Light Commercial Vehicle (LCV)
– Heavy Commercial vehicle (HCV)
Automotive turbocharger market by End User ($ billion from 2010 to 2021) OEM
Automotive turbocharger market by Region ($ billion from 2010 to 2021)
– North America
– Asia Pacific
– The Rest of the World
Automotive turbocharger market profiled in this market report includes BorgWarner Inc., Honeywell International Inc., IHI Corporation, Cummins Inc., and Mitsubishi heavy Industries. Several are seeking mergers and acquisitions as strategic initiatives to drive growth.
On the basis of its comprehensive research, Lucintel forecasts that the twin turbo technology segment is expected to show above average growth during the forecast period.
Within the global automotive turbocharger market, the wastegate segment is expected to remain the largest market. There is continuous implementation of fuel emission regulations in developing regions and increasing awareness about fuel efficiency among customers, which leads to increased use of this technology in commercial vehicles, which would spur growth for this segment over the forecast period.
North America is expected to remain the largest region due to stringent carbon emission regulations by NHTSA. These regulations force OEMs to look for innovations to achieve engine downsizing. Also, consumer awareness of fuel efficiency is leading to the use of turbochargers in gasoline vehicles and increasing investment by the industry players within the North America region.
Some of the features of “Global Automotive Turbocharger Market 2016-2021: Trends, Forecast, and Opportunity Analysis” include:
– Market size estimates: Growth opportunities in the global automotive turbocharger market in terms of value ($B) shipment
– Trend and forecast analysis: Global automotive turbocharger market trend (2010-2015) and forecast (2016-2021) by region and segment
– Segmentation analysis: Global automotive turbocharger market size from 2010 to 2021 segmented by technology, fuel type, vehicle type, end user type.
– Regional analysis: Global automotive turbocharger market breakdown by key regions of North America, Europe, Asia Pacific and the Rest of the World
– Growth opportunities: Analysis of growth opportunities in different technology, fuel type, vehicle type, end user type, and regions.
– Strategic analysis: This includes MA, new product development, competitive landscape, and expansion strategies of global automotive turbocharger market suppliers.
– Emerging applications: Emerging applications of turbocharger in the global automotive turbocharger market.
– Analysis of the competitive intensity of the industry based on Porter’s Five Forces model.
This report answers the following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the automotive turbocharger market by technology (Wastegate, Variable Geometry Turbocharger, and Twin Turbo), fuel type (Diesel and Gasoline), end-user (OEM and Aftermarket), vehicle type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in automotive turbocharger market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and reasons behind them?
Q.7. What are some of the changing demands of customers in automotive turbocharger market?
Q.8. What are the new developments in the market? Which automotive turbocharger companies are leading these developments?
Q.9. Who are the major automotive turbocharger suppliers? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by materials / product substitution?
Q.11. What MA activities by the major automotive turbocharger suppliers in the last 5 years and what has its impact been on the industry?
Read the full report: http://www.reportlinker.com/p04700433-summary/view-report.html
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