- Press Release -

Automotive Turbochargers Market to Surpass US$ 19 Bn by 2022 at 4.7% CAGR, Fact.MR Report

30 Nov -0001

  • The global automotive turbochargers market is set to grow from over US$ 15 Bn in 2017 to more than US$ 19 Bn by 2022 at a 4.7% CAGR.
  • Gasoline engines dominate revenue, heading past US$ 10 Bn by 2022, while four in ten turbochargers go into diesel engines.
  • Low price-range products account for over half of market value.
  • Passenger cars lead by vehicle type, at close to two-thirds of revenue in 2017.
  • The aftermarket is the largest sales channel.
  • Asia Pacific excluding Japan leads by region, at over 20% of value, with North America above US$ 5 Bn in 2017.
  • Stricter emission regulations are the principal growth driver.
  • The shift toward alternative-fuel engines is the main restraint.

Rockville, Md. The global automotive turbochargers market is set to grow from over US$ 15 Bn in 2017 to more than US$ 19 Bn by 2022, a 4.7% CAGR that Fact.MR links directly to emission rules. Turbochargers help automakers keep engines clean enough to meet tightening standards, and that role is what keeps demand ticking over even as growth stays measured.

Gasoline engines drive most of the revenue, passenger cars generate the bulk of demand, and the aftermarket leads distribution. Asia Pacific excluding Japan is the largest region, anchored by its manufacturing base.

Fuel, Vehicles and Channels

Roughly four in ten turbochargers go into diesel engines, but gasoline platforms command the larger share of revenue and are set to bring in more than US$ 10 Bn by 2022. Low price-range products account for over half of market value, a sign of how broadly turbocharging has spread beyond premium models. Passenger cars dominate the vehicle mix at close to two-thirds of revenue in 2017, and the aftermarket is the largest sales channel.

Asia Pacific excluding Japan holds more than 20% of value and leads the market, supported by manufacturing hubs in South Korea, China and India. North America brings in over US$ 5 Bn in 2017 and stays lucrative, while Europe grows steadily at a moderate pace.

Emissions Push, Alternative-Fuel Pull

The market is caught between two currents. Stricter emission regulations across regions keep turbochargers essential to engine design, supporting demand. At the same time, the drift toward alternative-fuel engines, where compatible turbocharger technology is still limited, holds growth back, and swings in commodity and component prices add further pressure on manufacturers.

Suppliers and Their Playbook

The field brings together large tier-one suppliers and specialist turbocharger makers.

  • IHI Corporation, Robert Bosch Limited, Continental AG, Honeywell International Inc., BorgWarner Inc., Mitsubishi Heavy Industries Ltd., Turbo Energy Private Limited, Eaton Corporation PLC., THE TURBO ENGINEERS GmbH, Turbonetics Inc., Rotomaster International, and Precision Turbo & Engine Inc. are among the key players in the report.

Reading the Market for Decisions

For suppliers, gasoline and passenger car applications offer the clearest revenue, while the aftermarket carries steady volume. Investors get a market with a regulatory tailwind offset by a long-term electrification question. Procurement teams can plan around the aftermarket leading distribution, gasoline platforms carrying value, and Asia Pacific offering the largest opportunity through 2022.

About the Report

Fact.MR's study covers the global automotive turbochargers market for the 2017 to 2022 forecast period, with segmentation by fuel type, price range, vehicle type, sales channel and region. It sizes each segment, maps the competitive field, and weighs the regulatory and technology forces shaping demand. Further detail is available in the automotive turbochargers market report.

About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. The firm is known for its syndicated research, custom research and consulting solutions, helping clients make decisions on demand, competition, investment, procurement and future growth.

Automotive Turbocharger Market

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About Fact.MR

Fact.MR is a market research and consulting agency with deep expertise in emerging market intelligence. We are known for our syndicated research, custom research, and consulting solutions.