Global Automotive Turbocharger Market Outlook 2023-2036

The global automotive turbocharger market is anticipated to grow at a CAGR of 7.85% over the forecast period, i.e., 2024-2036. The growing consumer demand for cars to use less fuel and emit fewer emissions, growing use of gasoline-powered vehicles, and new product launches by companies are the few factors that are driving the market growth. The market is estimated to garner a revenue of USD 30.9 billion by the end of 2036, up from a revenue of USD 11.6 billion in the year 2023.

The global automotive turbocharger market is segmented by type, component, fuel type, sales channel, vehicle type, and by region. On the basis of vehicle type, the market is segmented into passenger cars, heavy commercial vehicles, light commercial vehicles. By the end of 2036, the passenger cars segment is anticipated to garner the largest revenue of around USD 21.9 billion, up from a revenue of nearly USD 8 billion in the year 2022. This industry has grown as a result of the rising demand for automotive turbochargers in passenger automobiles, which are widely used to increase engine performance and fuel economy.

On the basis of region, the global automotive turbocharger market is classified into North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa. By the end of 2036, it is predicted that the Asia Pacific market would have the highest revenue of around USD 15 billion out of all the markets in the other areas. Moreover, in the year 2023, the regional market generated a revenue of nearly USD 5 billion. The use of turbochargers has increased due to increased awareness of environmental issues and stricter emission regulations, as they help lower overall vehicle emissions. Automobile turbocharger aftermarket sales are growing as more owners look to improve the performance of their current cars.

Some of the prominent industry leaders in the global automotive turbocharger market that are included in our report are Cummins Inc., Rotomaster, Continental AG, BorgWarner Inc., MITSUBISHI HEAVY INDUSTRIES, LTD., Vitesco Technologies GmbH, IHI Corporation, Garrett Motion Inc., Bullseye Power Turbo Chargers, Turbo Energy Private Limited (TEL), and others.

1. An Introduction to the Research Study

1.1. Definition of the Market and the Segments
1.2. Acronyms and Assumptions

2. The Research Procedure

2.1. Sources of Data
2.1.1. Secondary
2.1.2. Primary
2.2. Calculation and Derivation of Market Size
2.2.1. Top-down approach
2.2.2. Bottom-up approach

3. Recommendation by Analyst for C-Level Executives4. An Abstract of the Report

5. Evaluation of Market Fluctuations and Outlook

5.1. Market Growth Drivers
5.2. Market Growth Deflation
5.3. Market Trends

6. Fundamental Market Prospects

7. Decarbonization Strategy and Carbon Credit Benefits for Market Players

7.1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
7.2. Measures Taken by Countries to Reduce Carbon Footprints
7.3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
7.4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
7.5. Demand Impact on the Companies Opting for Carbon Credits

8. Regulatory & Standards Landscape

9. Economic Outlook: Japan

9.1. Limitations to Japan’s Economic Recovery
9.2. Uplifting Policies to Foster the Growth of the Economy
9.3. Future-Outlook and Strategic Move for Sustainable Economy

10. Technological Shift and Implementation Analysis11. Impact of Recession in Japan and Global Economy12. Industry Risk Analysis13. Pricing Analysis14. Industry Value Chain Analysis15. Industry Growth Outlook16. Regional Demand Analysis17. Analysis On Components18. Product Feature Analysis19. PEST Analysis20. SWOT Analysis

21. Global Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast, 2023-2036: Worldwide Factors Fostering the Industry Growth

21.1. Market Summary
21.2. Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2018-2035
21.3. Market Increment $ Opportunity Assessment, 2023-2036
Global Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
21.4. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.5. Variable Geometry Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.6. Twin Turbo, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Global Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
21.7. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
21.8. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
21.9. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
21.10. Global Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
21.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
21.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
Global Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
21.13. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
21.14. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
Global Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
21.15. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
21.16. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
21.17. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
Global Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Region, 2023-2036
21.18. North America, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.19. Latin America, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.20. Europe, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.21. Asia Pacific Excluding Japan, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.22. Japan, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
21.23. Middle East & Africa, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Cross Analysis of Type w.r.t. Fuel Type (USD Million), 2023

22. North America Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

22.1. Outline of the Segment
22.2. Detailed Overview
22.3. Leading Companies Automotive Turbocharger Market
22.4. Recent trends in the market
North America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
22.5. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
22.6. Variable Geometry Turbocharger , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
22.7. Twin Turbo , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
North America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
22.8. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
22.9. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
22.10. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
North America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
22.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
22.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
North America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
22.13. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
22.14. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
North America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
22.15. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
22.16. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
22.17. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
North America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
22.18. US, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
22.19. Canada, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036

23. Latin America Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

23.1. Outline of the Segment
23.2. Detailed Overview
23.3. Leading Companies Automotive Turbocharger Market
23.4. Recent trends in the market
Latin America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
23.5. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
23.6. Variable Geometry Turbocharger , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
23.7. Twin Turbo , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Latin America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
23.8. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
23.9. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
23.10. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
Latin America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
23.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
23.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
Latin America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
23.13. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
23.14. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
Latin America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
23.15. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
23.16. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
23.17. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
Latin America Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
23.18. Brazil, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
23.19. Mexico, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
23.20. Argentina, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
23.21. Rest of Latin America, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036

24. Europe Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

24.1. Outline of the Segment
24.2. Detailed Overview
24.3. Leading Companies Automotive Turbocharger Market
24.4. Recent trends in the market
Europe Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
24.5. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
24.6. Variable Geometry Turbocharger , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
24.7. Twin Turbo , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Europe Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
24.8. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
24.9. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
24.10. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
Europe Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
24.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
24.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
Europe Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
24.13. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
24.14. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
Europe Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
24.15. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
24.16. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
24.17. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
Europe Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
24.18. Germany, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.19. UK, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.20. Italy, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.21. France, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.22. Spain, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.23. BENELUX, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.24. Russia, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.25. Poland, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
24.26. Rest of Europe, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036

25. Asia Pacific Excluding Japan Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

25.1. Outline of the Segment
25.2. Detailed Overview
25.3. Leading Companies Automotive Turbocharger Market
25.4. Recent trends in the market
Asia Pacific Excluding Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
25.5. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
25.6. Variable Geometry Turbocharger , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
25.7. Twin Turbo , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Asia Pacific Excluding Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
25.8. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
25.9. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
25.10. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
Asia Pacific Excluding Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
25.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
25.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
Asia Pacific Excluding Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
25.13. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
25.14. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
Asia Pacific Excluding Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
25.15. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
25.16. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
25.17. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
Asia Pacific Excluding Japan (APEJ) Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
25.18. China, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.19. India, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.20. Indonesia, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2Volume035
25.21. South Korea, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.22. Australia, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.23. Singapore, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.24. Malaysia, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.25. New Zealand, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.26. Vietnam, Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036
25.27. Rest of Asia Pacific Excluding Japan (APEJ), Market Value (USD Million), volume (Million Units) Current and Future Projections, 2023-2036

26. Japan Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

26.1. Outline of the Segment
26.2. Detailed Overview
26.3. Leading Companies Automotive Turbocharger Market
26.4. Recent trends in the market
Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
26.5. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
26.6. Variable Geometry Turbocharger , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
26.7. Twin Turbo , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
26.8. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
26.9. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
26.10. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
26.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
26.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
26.13. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
26.14. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
Japan Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
26.15. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
26.16. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
26.17. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036

27. Middle East and Africa Automotive Turbocharger Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036

27.1. Outline of the Segment
27.2. Detailed Overview
27.3. Leading Companies Automotive Turbocharger Market
27.4. Recent trends in the market
Middle East and Africa Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
27.5. Wastegate Turbocharger, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
27.6. Variable Geometry Turbocharger , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
27.7. Twin Turbo , Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
Middle East and Africa Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Component, 2023-2036
27.8. Compressor, Market Value (USD Million), Current and Future Projections, 2023-2036
27.9. Turbine, Market Value (USD Million), Current and Future Projections, 2023-2036
27.10. Central Hub Rotating Assembly (CHRA), Market Value (USD Million) Current and Future Projections, 2023-2036
Middle East and Africa Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Fuel Type, 2023-2036
27.11. Gasoline, Market Value (USD Million), Current and Future Projections, 2023-2036
27.12. Diesel, Market Value (USD Million), Current and Future Projections, 2023-2036
27.13. Middle East and Africa Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Sales Channel, 2023-2036
27.14. OEM, Market Value (USD Million), Current and Future Projections, 2023-2036
27.15. Aftermarket, Market Value (USD Million), Current and Future Projections, 2023-2036
Middle East & Africa Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
27.16. Passenger Cars, Market Value (USD Million), Current and Future Projections, 2023-2036
27.17. Light Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
27.18. Heavy Commercial Vehicles, Market Value (USD Million), Current and Future Projections, 2023-2036
Middle East & Africa Automotive Turbocharger Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
27.19. Combined Gulf Countries, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
27.20. Israel, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
27.21. South Africa, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036
27.22. Rest of MEA, Market Value (USD Million), Volume (Million Units) Current and Future Projections, 2023-2036

28. Comprehensive Analysis of Leading Players in the Market

28.1. Market share of Key Competitors in the Market (%)
28.2. Profile of the Major Vendors
28.3. Turbonetics, Inc.
28.3.1. Business Overview
28.3.2. Key Business Strategies for the Growth of Revenue
28.3.3. Financial Performance and Revenue Representation
28.3.4. Major Products Offered
28.3.5. Mergers and Acquisitions
28.3.6. Latest Trends
28.3.7. Regional and Worldwide Presence
28.4. Cummins Inc.
28.5. Rotomaster
28.6. Continental AG
28.7. BorgWarner Inc.
28.8. MITSUBISHI HEAVY INDUSTRIES, LTD.
28.9. Vitesco Technologies GmbH
28.10. IHI Corporation
28.11. Garrett Motion Inc.
28.12. Bullseye Power Turbo Chargers
28.13. Turbo Energy Private Limited (TEL)

Companies Mentioned

Cummins Inc.
Rotomaster
Continental AG
BorgWarner Inc.
MITSUBISHI HEAVY INDUSTRIES Ltd.
Vitesco Technologies GmbH
IHI Corporation
Garrett Motion Inc.
Bullseye Power Turbo Chargers
Turbo Energy Private Limited (TEL)

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