TechNavio recognizes the following companies as the key players in the Global Automotive Turbocharger Market: Honeywell International Inc., Mitsubishi Heavy Industries Ltd., IHI Corp., and Borg Warner Inc.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The increasing usage of twin turbo technology is expected to be a major trend in the Global Automotive Turbocharger market over the forecast period. In twin turbo technology, two turbochargers compress air and transfer it back to the vehicle engine resulting in more power. Further, twin turbo technology is of two types depending on the arrangement of turbochargers-parallel twin turbo and sequential twin turbo. In parallel twin turbo technology, the turbochargers function simultaneously, whereas in sequential turbo, the turbochargers function sequentially, one at a lower engine speed and the other at a higher engine speed. Thus, the increasing usage of twin turbo technology helps reduce turbo lag and enhances engine performance.”
According to the report, one of the main drivers in this market is the growth of the Global Passenger Vehicle Turbocharger market. The increasing demand for passenger vehicles has a direct positive influence on the demand for automotive turbochargers.
Further, the report states that one of the main challenges in this market is the presence of operational issues such as turbo lag, which affect engine performance.
The report also includes a discussion of the prominent vendors operating in this market, such as Cummins Inc. and Turbodyne Technologies Inc.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit https://www.technavio.com/content/global-automotive-turbocharger-market-2…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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TechNavio Announces the Publication of its Research Report – Global Automotive Turbocharger Market 2012-2016
