Global Automotive Turbochargers Market: Rising Vehicular Emission Norms Boosts Uptake
In a highly consolidated global automotive turbochargers market, top five players namely, BorgWarner Inc., Mitsubishi Heavy Industries Ltd., Honeywell International Inc., Cummins Inc., and IHI Corporation held over 66% share in the overall market in 2015. Of them, BorgWarner exhibits clear dominance with the company holding 19.8% share in 2015. Strategic alliances and joint business ventures remains the focus of the company to enhance its technological capabilities. This is also aiding to expand geographical presence and serve a larger customer...
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