Deerfield Beach, FL -- (SBWIRE) -- 03/30/2017 -- Latest industry research report on Turbocharger is an integral part of internal combustion (IC) engine, which improves the performance of engine by increasing the amount of air intake in the combustion chamber with the help of ejected burnt air. An IC engine requires extra air for combustion of additional fuel for large power generation that decreases its efficiency, thus, turbocharger plays a significant role in enhancing the efficiency by supplying compressed air. World turbocharger market is expected to exhibit a notable growth in the coming years as these chargers ensure optimum engine performance and enhanced fuel efficiency. Turbocharger particularly works best on high engine speed and does not require any power source to operate.

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It is driven by flow of burnt gases discharged by the engine. Presently, this technology is majorly used in automotive and aerospace industry. For example, manufacturers employ turbochargers in the engine of fast racing cars to generate high amount of power even under harsh and high temperature conditions.

With the rising demand of vehicles, numerous players are trying to employ an ecofriendly and energy efficient solution in vehicle's engine to reduce the fuel consumption and atmospheric pollution. Turbocharger reduces the power loss and decreases the emission of various gases from vehicles that cause air pollution. Moreover, turbochargers are compact in size, thereby, reducing the overall size of engine and vehicle.

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The growing application of IC engines in motor vehicles and ongoing researches on implementation of turbochargers in other sectors is expected to create huge opportunities for turbocharger manufacturers.

The world turbocharger market is segmented on the basis of technology, fuel type, end user, application, industry vertical and geography.

MARKET BY TECHNOLOGY

Twinturbo technology
Wastegate technology
Variable geometry technology

MARKET BY FUEL TYPE

Diesel
Gasoline

MARKET BY END USER

OEM
Aftermarket

MARKET BY APPLICATION

Light commercial vehicles
Heavy commercial vehicles
Ships & aircraft
Heavy duty vehicles
Locomotive

MARKET BY INDUSTRY VERTICALS

Aerospace & defense
Automotive
Marine
Agriculture & construction

MARKET BY GEOGRAPHY

North America
U.S.
Mexico
Canada
Europe
UK
Germany
France
Spain
Rest of the Europe
Asia-Pacific
China
India
Japan
South Korea
Rest of Asia Pacific
LAMEA
Latin America
Middle East
Africa

Key Players

Honeywell International Inc.
Bosch Mahle Turbo System GmbH & Co. KG
Mitsubishi Heavy Industries Ltd.
IHI Corporation
BorgWarner Inc.
Eaton Corporation PLC
Rotomaster International
Cummins Inc.
Precision Turbo & Engine
Continental AG

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