Automotive Turbocharger Market worth $22.2 billion by 2028 - Exclusive Report by MarketsandMarkets
CHICAGO, June 9, 2023 /PRNewswire/ -- Automotive Turbocharger Market is estimated to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028 at a CAGR of 8.1% over the forecast period. according to a new report by MarketsandMarkets. The growth in the automotive turbocharger market is attributed to the growing fuel-efficiency targets & decreasing emission limits, and the trend toward high-performance vehicles. Due to the growing vehicle parc of turbocharged vehicles, the demand for turbochargers in the aftermarket is also growing. An increase in the stringency of emission limits in gasoline-powered vehicles; the demand for gasoline turbochargers would fuel the market in coming years.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=919
Browse in-depth TOC on "Automotive Turbocharger Market".
351 - Tables
57 - Figures
316 - Pages
Automotive Turbocharger Market Scope:
Report Coverage |
Details |
Market Size |
USD 22.2 billion in 2028 |
Growth Rate |
8.1% of CAGR |
Largest Market |
Asia Pacific |
Market Dynamics |
Drivers, Restraints, Opportunities & Challenges |
Forecast Period |
2023 - 2028 |
Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Vehicle Type, By Fuel Type, Diesel Turbochargers, By Turbo Type, Gasoline Turbochargers - By Turbo Type, Gasoline Turbochargers - By Vehicle Type, By Material, By Component, Off-highway Turbochargers - By Application, Aftermarket - By vehicle type, By Region |