Automotive Turbochargers Market

By Technology Type;

Variable Geometry Turbocharger & Variable Nozzle Turbine, Wastegate Turbocharger and Electric Turbocharger

By Fuel Type;

Gasoline and Diesel

By Vehicle Type;

Passenger Cars, Light Commercial Vehicles (LCV) and Heavy Commercial Vehicles (HCV)

By Geography;

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

Automotive Turbocharger Market Overview

Automotive Turbocharger Market (USD Million)

Automotive Turbocharger Market was valued at USD 16,459.05 million in the year 2024. 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%.


Automotive Turbochargers Market

*Market size in USD million

CAGR 10.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.8 %
Market Size (2024)USD 16,459.05 Million
Market Size (2031)USD 33,742.94 Million
Market ConcentrationLow
Report Pages334
16,459.05
2024
33,742.94
2031

Major Players

  • Honeywell
  • Continental AG
  • Borgwarner
  • Mitsubishi Heavy Industries
  • IHI
  • Bmts Technology
  • Cummins
  • ABB
  • TEL
  • Delphi Technologies.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Automotive Turbochargers Market

Fragmented - Highly competitive market without dominant players


The Automotive Turbocharger Market is expanding steadily, driven by the industry's push for engine efficiency and compact powertrains. Turbochargers help increase output without increasing engine size, and about 55% of newly produced vehicles feature this technology, reflecting a transition toward performance-focused efficiency.

Technological Progress in Turbo Systems
Innovations in turbocharger components are reshaping vehicle powertrains with smarter, more adaptable designs. Technologies like electric-assist turbos and variable geometry systems are now part of over 40% of modern turbo units, enhancing engine responsiveness and reliability.

Boost from Emission Reduction Standards
Turbochargers are increasingly critical in meeting tight emission norms, as they improve combustion effectiveness and lower pollutants. Currently, more than 60% of emission-conscious automobiles employ turbo systems, aligning with evolving green mobility regulations.

Synergy with Electrified Drivetrains
The adoption of turbochargers in hybrid vehicles is on the rise, combining performance and sustainability. This trend now represents nearly 35% of hybrid powertrains, helping manufacturers meet efficiency targets without sacrificing driving dynamics.

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

    3. Market Snapshot, By Vehicle Type

    4. Market Snapshot, By Region
  4. 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. Automotive Turbochargers Market, By Technology Type, 2021 - 2031 (USD Million)
      1. Variable Geometry Turbocharger & Variable Nozzle Turbine
      2. Wastegate Turbocharger
      3. Electric Turbocharger
    2. Automotive Turbochargers Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Gasoline
      2. Diesel
    3. Automotive Turbochargers Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light Commercial Vehicles (LCV)
      3. Heavy Commercial Vehicles (HCV)
    4. 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. BorgWarner
      2. Garrett Motion
      3. Mitsubishi Heavy Industries
      4. Cummins Turbo Technologies
      5. IHI Corporation
      6. Continental AG
      7. Bosch Mahle Turbo Systems
      8. Turbo Energy Private Limited (TIL)
      9. Rotomaster International
      10. Precision Turbo & Engine
      11. Kompressorenbau Bannewitz GmbH
      12. Fengcheng Xindongli Turbocharger Co. Ltd.
      13. Turbo Dynamics Ltd.
      14. Ningbo Motor Industrial Co. Ltd.
      15. Hunan Tyen Machinery Co. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market