TechNavio recognizes the following companies as the key players in Global Automotive Turbocharger Market: Borg Warner Inc., IHI Corp., Honeywell International Inc., and Mitsubishi Heavy Industries Ltd.
Commenting on the report, an analyst from TechNavio’s team said: “The increasing use of two-stage turbocharging or twin turbo technology is expected to be a major trend in the Global Automotive Turbocharger market during 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 increasing engine downsizing. The increasing adoption of turbochargers in small cars, particularly those with two- and three-cylinder engines 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 ongoing financial crisis in Europe that has affected the overall Automotive market in Europe and, hence, the Global Automotive Turbocharger market.
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/report/global-automotive-turbocharger-market-20…
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/engineering-and-automation
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TechNavio Announces the Publication of its Research Report – Global Automotive Turbocharger Market 2014-2018
