세계의 자동차 터보차저 시장(-2030년) : 차종, 연료 유형, 컴포넌트, 기술, 판매 채널, 용도, 지역별 예측 및 분석

According to Stratistics MRC, the Global Automotive Turbocharger Market is accounted for $16.0 billion in 2024 and is expected to reach $25.8 billion by 2030 growing at a CAGR of 8.3% during the forecast period. An automotive turbocharger is a forced induction device used in internal combustion engines to increase engine efficiency and power output. It consists of a turbine and compressor connected by a shaft. The turbine is powered by exhaust gases, which spin it, driving the compressor. The compressor then forces more air into the engine's intake, allowing for more fuel combustion and enhanced performance. Turbochargers help improve fuel efficiency and reduce engine size while delivering more power from the same engine displacement.

According to a report from the International Energy Agency, global electric vehicle sales surged to 6.6 million in 2021, reflecting a growing preference for efficient automotive technologies.

Market Dynamics:

Driver:

Rising demand for fuel-efficient vehicles

The rising demand for fuel-efficient vehicles is significantly driving the growth of the market. As consumers and manufacturers focus on reducing fuel consumption and emissions, turbochargers play a key role in enhancing engine performance while maintaining fuel efficiency. With stricter environmental regulations and growing interest in sustainable mobility, the automotive industry is increasingly adopting turbocharging technology to meet these demands, contributing to market expansion.

Restraint:

Maintenance and durability issues

Maintenance and durability issues pose a negative impact on the market. Turbochargers, being complex components, require regular maintenance to ensure optimal performance, and their failure can lead to significant repair costs and engine damage. This can discourage consumers from adopting turbocharged engines and affect the overall market growth. Additionally, concerns over the longevity and reliability of turbochargers in extreme conditions may hinder broader market penetration and acceptance.

Opportunity:

Growing popularity of downsized engines

The growing popularity of downsized engines is a key factor propelling the market. As manufacturers aim to reduce engine size without compromising power output, turbochargers become essential for boosting engine performance and efficiency. Downsized engines, combined with turbocharging technology, offer improved fuel economy, lower emissions, and better overall performance. This trend, driven by consumer demand for fuel efficiency and stricter regulations, is significantly expanding the market for turbochargers.

Threat:

Competition from electric powertrains

Competition from electric powertrains poses a challenge to the market. As electric vehicles (EVs) gain popularity due to their zero emissions, high efficiency, and lower maintenance requirements, the demand for internal combustion engines and turbochargers is declining. This shift towards electrification threatens market growth for turbocharger manufacturers, as EVs offer an alternative to traditional gasoline and diesel engines, reducing the need for turbocharging technology.

Covid-19 Impact:

The COVID-19 pandemic had a significant negative impact on the market. Factory shutdowns, disrupted supply chains, and reduced consumer spending led to a decline in vehicle production and sales, affecting the demand for turbochargers. Additionally, the uncertainty caused by the global economic slowdown delayed investments in new technologies and R&D. However, as the automotive industry recovers, the market is expected to regain momentum in the long term.

The passenger cars segment is expected to be the largest during the forecast period

The passenger cars segment is expected to account for the largest market share during the forecast period. Turbochargers enhance engine power while improving fuel efficiency and reducing emissions, making them essential for meeting environmental regulations. As automakers focus on producing smaller, more efficient engines without compromising performance, turbochargers have become a standard feature in many passenger cars, fueling growth in this market segment.

The emission control segment is expected to have the highest CAGR during the forecast period

Over the forecast period, the emission control segment is predicted to witness the highest growth rate. By improving fuel efficiency and optimizing combustion, turbochargers support compliance with stringent emission standards. As governments worldwide tighten regulations on CO2 emissions and air quality, the demand for turbochargers in both gasoline and diesel engines continues to grow, driving the development of advanced, eco-friendly technologies within the market.

Region with largest share:

During the forecast period, the North America region is expected to hold the largest market share driven by rising consumer demand for fuel-efficient and high-performance vehicles. With stricter environmental regulations and a shift towards smaller, more efficient engines, turbochargers are increasingly being adopted in both passenger cars and commercial vehicles. Additionally, advancements in technology and the growing trend of electrification and hybrid vehicles are further fueling the demand for turbochargers in the region.

Region with highest CAGR:

Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. Governments are enforcing stringent fuel efficiency and emission standards, which are pushing automakers to adopt technologies like turbocharging to reduce fuel consumption and improve engine performance while meeting emission norms. Additionally, with the shift toward electrification in the automotive industry, electric turbochargers are gaining popularity. These are expected to play a key role in hybrid and electric vehicles, offering improved response times and efficiency.

Key players in the market

Some of the key players in Automotive Turbocharger market include Honeywell International Inc., BorgWarner Inc., Continental AG, Mitsubishi Heavy Industries, Ltd., Ferrari, Cummins Inc., Bosch Mahle Turbo Systems GmbH & Co. KG, Turbo Energy Private Limited (TEL), Caterpillar Inc., Delphi Technologies, Eaton Corporation plc, Precision Turbo & Engine, ABB Ltd., Valeo S.A. and Rotomaster.

Key Developments:

In September 2024, BorgWarner has solidified an agreement to deliver its turbochargers for use on the General Motors Corvette ZR1 sports car platform, marking the largest passenger car twin turbochargers in the market to be released to date. Paired with the automaker's 5.5-liter flat plane crankshaft V8 engine, this "unthinkable" Corvette is capable of 1,064 horsepower and 828 pound-feet of torque.

In March 2024, Ferrari has patented an inverted I6 hydrogen engine with electric turbocharging, exploring unconventional layouts to enhance packaging and performance in future high-performance vehicles. This innovative design aims to optimize both space and efficiency, showcasing Ferrari's commitment to pushing the boundaries of automotive technology while embracing sustainable fuel alternatives.

Vehicle Types Covered:

• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)
• Off-Highway Vehicles
• Trucks
• Buses & Coaches
• Industrial Vehicles
• Other Vehicle Types

Fuel Types Covered:

• Gasoline
• Diesel
• Hybrid

Technologies Covered:

• Wastegate Turbochargers
• Variable Geometry Turbochargers (VGT)
• Twin-scroll Turbochargers
• Electric Turbochargers
• Sequential Turbochargers

Sales Channels Covered:

• Original Equipment Manufacturer (OEM)
• Aftermarket

Applications Covered:

• Engine Downsizing
• Emission Control
• Power Boosting
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Technology Analysis
• 3.7 Application Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Automotive Turbocharger Market, By Vehicle Type

• 5.1 Introduction
• 5.2 Passenger Cars
• 5.3 Light Commercial Vehicles (LCVs)
• 5.4 Heavy Commercial Vehicles (HCVs)
• 5.5 Off-Highway Vehicles
• 5.6 Trucks
• 5.7 Buses & Coaches
• 5.8 Industrial Vehicles
• 5.9 Other Vehicle Types

6 Global Automotive Turbocharger Market, By Fuel Type

• 6.1 Introduction
• 6.2 Gasoline
• 6.3 Diesel
• 6.4 Hybrid

7 Global Automotive Turbocharger Market, By Component

• 7.1 Introduction
• 7.2 Turbine
• 7.3 Compressor
• 7.4 Central Hub
• 7.5 Intercooler

8 Global Automotive Turbocharger Market, By Technology

• 8.1 Introduction
• 8.2 Wastegate Turbochargers
  • 8.2.1 Mechanical Wastegate
  • 8.2.2 Pneumatic Wastegate
• 8.3 Variable Geometry Turbochargers (VGT)
• 8.4 Twin-scroll Turbochargers
• 8.5 Electric Turbochargers
• 8.6 Sequential Turbochargers

9 Global Automotive Turbocharger Market, By Sales Channel

• 9.1 Introduction
• 9.2 Original Equipment Manufacturer (OEM)
• 9.3 Aftermarket

10 Global Automotive Turbocharger Market, By Application

• 10.1 Introduction
• 10.2 Engine Downsizing
• 10.3 Emission Control
• 10.4 Power Boosting
• 10.5 Other Applications

11 Global Automotive Turbocharger Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Honeywell International Inc.
• 13.2 BorgWarner Inc.
• 13.3 Continental AG
• 13.4 Mitsubishi Heavy Industries, Ltd.
• 13.5 Ferrari
• 13.6 Cummins Inc.
• 13.7 Bosch Mahle Turbo Systems GmbH & Co. KG
• 13.8 Turbo Energy Private Limited (TEL)
• 13.9 Caterpillar Inc.
• 13.10 Delphi Technologies
• 13.11 Eaton Corporation plc
• 13.12 Precision Turbo & Engine
• 13.13 ABB Ltd.
• 13.14 Valeo S.A.
• 13.15 Rotomaster