Turkey automotive
turbocharger market is anticipated to grow at a steady CAGR during the forecast
period, 2023-2027. The growing adoption of TGDI (Turbocharged Gasoline Direct
Injection) technology and stringent emission norms imposed by leading
authorities are the primary factors driving the demand for Turkey automotive
turbocharger market. The rise in efforts by the market players to increase fuel
efficiency in automobiles and the emerging trend of lightweight automobiles in
vehicles is expected to contribute to the market growth. Also, the high-end
investments by the market players to upgrade the performance of turbochargers
are expected to create lucrative growth opportunities for the market players in
the forecast period.
Increased Fuel Efficiency in
Automobiles Drives the Market Growth
Automotive turbochargers are
turbine-driven induction devices that amplify the output and fuel efficiency of
IC engines. The main function of these devices is to direct more fuel into the
combustion chamber in the condition where the vehicle's atmospheric pressure
fails to produce the desired output. Automakers rely on turbochargers to keep
the fossil fuel engines cleaner. There is high demand for automobiles that can
offer higher fuel efficiency in comparison to traditional vehicles, which is
supporting the trend of engine downsizing. Small engines are more efficient and
are becoming common in automobiles as they help lower fuel emissions.
Turbochargers aid the automotive industry in meeting the regulatory rules and
regulations to control the emission of dangerous emissions like carbon dioxide
and other pollutants from automobiles. Turbochargers are fuel-efficient and
cost-effective in nature. The increased focus of automakers on enhancing the fuel
efficiency in automobiles is expected to bolster the Turkey automotive
turbocharger market growth over the next five years.
Advantages of Turbochargers
Supports the Market Growth
Turbochargers offer two main
advantages to the drivers that are they are highly efficient and have greater
power density. It is generally connected to the engine to provide it with more
power which allows the small engines to experience greater horsepower and
torque than the normal engine. Turbochargers utilize the engine's hot expelled
air to spin the compressor wheel and take outside air, which also lowers the
amount of waste produced. The turbocharger can be used with both gasoline and
diesel-powered engines, and it can produce greater output at the same engine
capacity. When the engine is fitted with a turbocharger, it is generally
smaller and lighter than the engine without the turbocharger. Turbochargers
produce less pollution as they burn the fuel clean. Turbochargers are
eco-friendly too. Therefore, the growing awareness about the benefits of
turbochargers among the market players is expected to support growth for the
next five years.
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Market Segmentation
Turkey automotive
turbocharger market is segmented into vehicle type, engine type, technology type, operation
type, regional distribution, and company. Based on vehicle type, the
market is divided into passenger car, light commercial vehicle (LCV), medium
& heavy commercial vehicle (M&HCV). Based on engine type, the market is
bifurcated into gasoline and diesel. Based on technology type, the market is
divided into wastegate, VGT/VNT, and electric turbocharger. Based on operation
type, the market is divided into conventional turbocharger and e-turbocharger. Turkey
automotive turbocharger market is studied in major regions namely Marmara,
Central Anatolia, Aegean, Mediterranean, Black Sea, South-Eastern Anatolia,
Eastern Anatolia.
Market Players
Garrett Motion Inc., ABB
Turkey, Garret Motion Inc., BorgWarner Inc., IHI Corporation, Mitsubishi Heavy Industries
Ltd., Bosch Mahle Turbosystems GmbH, Cummins Turbo Technologies, Inc., Magnum
Performance Turbos Inc., Continental AG are the major market players operating
in the Turkey automotive turbocharger market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 – 2020
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Estimated Year
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2022
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Forecast Period
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2023 – 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units, and
CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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Segments covered
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·
Vehicle Type
·
Engine Type
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Technology Type
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Operation Type
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Regional scope
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Marmara, Central Anatolia, Aegean, Mediterranean, Black Sea, South-Eastern
Anatolia, Eastern Anatolia
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Key companies profiled
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Garrett Motion Inc., ABB Turkey, Garret
Motion Inc., BorgWarner Inc., IHI Corporation, Mitsubishi Heavy Industries
Ltd., Bosch Mahle Turbosystems GmbH, Cummins Turbo Technologies, Inc., Magnum
Performance Turbos Inc., Continental AG
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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet
your exact research needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also provide the editable
version of the report in PPT/Word format on special request)
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Report Scope:
In this report, Turkey automotive
turbocharger market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- Turkey Automotive
Turbocharger Market, By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial Vehicle (M&HCV)
- Turkey Automotive Turbocharger Market, By Engine Type:
- Turkey Automotive Turbocharger Market, By Technology Type:
- Wastegate
- VGT/VNT
- Electric Turbocharger
- Turkey Automotive Turbocharger Market, By Operation Type:
- Conventional Turbocharger
- e-Turbocharger
- Turkey Automotive
Turbocharger Market, By Region:
- Marmara
- Central Anatolia
- Aegean
- Mediterranean
- Black Sea
- South-Eastern Anatolia
- Eastern Anatolia
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in Turkey automotive turbocharger
market.
Available Customizations:
With the given market data, TechSci
Research offers customizations according to a company’s specific needs. The
following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to
five).
Turkey automotive turbocharger market
is an upcoming report to be released soon. If you wish an early delivery of
this report or want to confirm the date of release, please contact us at [email protected]