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(India.CityRegions.Com, November 07, 2018 ) Global Automotive Turbocharger Market Analysis
According to Verified Market Intelligence, The Global Automotive Turbocharger Market was valued at USD 14.9 Billion in 2017 and is projected to reach USD 31.08 Billion by 2025, growing at a CAGR of 9.1% from 2018 to 2025.
What is Automotive Turbocharger?
A turbocharger is an induction device that is driven by turbines. A turbocharger increases an internal combustion engine’s power output as well as efficiency by pushing the compressed air into the combustion chamber. The turbocharger increases the power output of an engine during severe operating conditions. Turbochargers are a kind of forced induction system by which the compression of the air allows for more fuel to be able to be added. A turbocharger in comparison to non-charged engine produces much more power, which has the potential to better the power to weight ratio of an engine. Due to rising advancements, the Global Automotive Turbocharger Market is growing.
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Global Automotive Turbocharger Market Outlook
The automotive turbocharger has several advantages such as its ability to increase the fuel capacity of an engine as well as a significant increase in the overall power production of the engine. These factors are driving the Global Automotive Turbocharger Market. Factors such as the lack of awareness among the general public about automotive engines as well as the price of the turbochargers are restraining the market’s growth.
Global Automotive Turbocharger Market Competitive Landscape
The “Global Automotive Turbocharger Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Delphi Technologies, Borgwarner, Continental AG, Mitsubishi Heavy Industries, Honeywell, IHI, ABB, Eaton, Bosch Mahle and Tel. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
Global Automotive Turbocharger Market Segmentation, by Fuel Type
Diesel Gasoline
Global Automotive Turbocharger Market Segmentation, by Material
Cast Iron Aluminum Others
Global Automotive Turbocharger Market Segmentation, by Vehicle Type
Passenger Car Light Commercial Vehicle (LCV) Truck Bus
Global Automotive Turbocharger Market Segmentation, by Technology
VGT/VNT Turbocharger Wastegate Turbocharger Electric Turbocharger
Global Automotive Turbocharger Market Geographic Scope
North America U.S. Canada Mexico Europe Germany UK France Rest of Europe Asia Pacific China Japan India Rest of Asia Pacific Latin America Brazil Rest of the World
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About Us: Our Market Intelligence encompasses latest trends & strategies and is highly inclined towards identifying business opportunities for clients, helping them strengthen their positions in their respective verticals.
Contact Information: Verified Market Research Contact Person: Ankush Tel: +1650781 4080 Email us: sales@verifiedmarketresearch.com
Verified Market Research
Amaan Kazi
+1 (650) 781 4080
amaankazi@verifiedmarketresearch.com
Source: EmailWire.Com
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