Global Automotive Turbocharger Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Passenger Cars, Light-Duty Vehicles, and Heavy-Duty Vehicles.

By Fuel Type;

Diesel, Gasoline, and CNG/Alternate Fuels.

By Application;

Agricultural Tractors and Construction Equipment.

By Technology;

VNT/VGT, Wastegate, Electric, Twin-Turbo, and Free-Floating.

By Material;

Cast Iron and Aluminum.

By Component;

Turbine, Compressor, and Housing.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn131724841 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Automotive Turbocharger Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Turbocharger Market was valued at USD 16,459.05 million. The size of this market is expected to increase to USD 33,742.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.8%.

The global automotive turbocharger market has witnessed significant growth in recent years, primarily driven by the increasing demand for fuel-efficient vehicles and stringent emission regulations worldwide. Turbochargers play a crucial role in enhancing engine performance by compressing the intake air, thereby allowing for more efficient combustion and improved power output. With the automotive industry's focus shifting towards cleaner and more sustainable technologies, turbochargers have emerged as a key solution to meet the evolving needs of both manufacturers and consumers.

One of the primary drivers of the automotive turbocharger market is the growing emphasis on reducing carbon emissions and enhancing fuel efficiency. Turbocharged engines offer a viable solution to automakers seeking to comply with stringent emission standards while maintaining performance levels. Furthermore, turbocharging technology enables downsizing of engines without sacrificing power, resulting in smaller, more fuel-efficient vehicles that still deliver the desired performance. As governments worldwide continue to implement stricter emission regulations, the adoption of turbocharged engines is expected to further accelerate.

Another significant factor fueling the growth of the global automotive turbocharger market is the increasing consumer preference for vehicles with better fuel economy and performance. Turbocharged engines offer improved fuel efficiency compared to naturally aspirated counterparts, making them an attractive choice for consumers looking to save on fuel costs without compromising on power and driving experience. Moreover, advancements in turbocharger technology, such as variable geometry turbochargers (VGT) and twin-scroll turbochargers, have led to enhanced engine responsiveness and throttle response, further enhancing the appeal of turbocharged vehicles.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Fuel Type

    3. Market Snapshot, By Application
    4. Market Snapshot, By Technology
    5. Market Snapshot, By Material
    6. Market Snapshot, By Component
    7. Market Snapshot, By Region
  4. Global Automotive Turbocharger Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Emission Reduction Pressures

        2. Engine Downsizing Trend

        3. Demand for Fuel Efficiency

      2. Restraints
        1. High Initial Costs

        2. Durability and Reliability Concerns

        3. Regulatory Uncertainty

      3. Opportunities
        1. Shift towards Electric Turbochargers

        2. Penetration in Emerging Markets

        3. Technological Advancements in Materials and Design

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Turbocharger Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light-Duty Vehicles
      3. Heavy-Duty vehicles
    2. Global Automotive Turbocharger Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Diesel
      2. Gasoline
      3. CNG/Alternate fuels.
    3. Global Automotive Turbocharger Market, By Application, 2021 - 2031 (USD Million)
      1. Agricultural tractors
      2. Construction equipment.
    4. Global Automotive Turbocharger Market, By Technology, 2021 - 2031 (USD Million)
      1. VNT/VGT
      2. Wastegate
      3. Electric
      4. Twin-turbo
      5. Free-floating.
    5. Global Automotive Turbocharger Market, By Material, 2021 - 2031 (USD Million)
      1. Cast iron
      2. Aluminum
    6. Global Automotive Turbocharger Market, By Component, 2021 - 2031 (USD Million)
      1. Turbine
      2. Compressor
      3. Housing.
    7. Global Automotive Turbocharger Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell
      2. Continental AG
      3. Borgwarner
      4. Mitsubishi Heavy Industries
      5. IHI
      6. Bmts Technology
      7. Cummins
      8. ABB
      9. TEL
      10. Delphi Technologies
  7. Analyst Views
  8. Future Outlook of the Market