Turbocharger Market by Vehicle, Technology, Fuel Type, & Aftermarket by Region- Forecast to 2021
The turbocharger market for the automotive industry is projected to grow at a CAGR of 7.63% during the forecast period, to reach a market size of USD 18.49 Billion by 2021. The market is driven by factors such as the trend of engine downsizing, stringent fuel emission norms, demand for better fuel economy and performance, increasing vehicle production and other factors.
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