Automotive Turbochargers Market Research Report and Forecasts 2014 Automotive Turbochargers Market - Global Industry

Automotive Turbochargers Market - Global
Industry Analysis, Size, Share, Growth, Trends,
and Forecast 2016 - 2024
A predominantly consolidated global automotive turbochargers market was present
in 2015, where the five leading players took up over 66% of the market’s value.
BorgWarner Inc., Honeywell International Inc., Mitsubishi Heavy Industries Ltd., IHI
Corporation, and Cummins, Inc. have been well-known names within the global
automotive turbochargers market and are likely to remain as that for the coming
years.
However, according to a research report released by Transparency Market Research,
the global automotive turbochargers market will witness the stiffening of several
challenges and maturation of top regions which will lead to the moderation of
shares held by the top players, allowing a greater scope of entry for newer names.
Players such as Continental AG, Bosch Mahle Turbo Systems, Eaton Corporation PLC,
and Turbo Energy Pvt. Ltd. are likely to show a steady gain in value over the coming
years. The global automotive turbochargers market is expected to expand at a
CAGR of 10.1% within a forecast period from 2016 to 2024, in terms of revenue.
This revenue is expected to reach US$20.35 bn by the end of 2024, after ending at
US$8.56 bn in 2015.
This 222 page report gives readers a comprehensive overview of the
Automotive Turbochargers market Browse through 42 data tables and 75
figures to unlock the hidden opportunities in this market.
http://www.transparencymarketresearch.com/automotive-turbochargers-
market.html
Intense Demand for Lighter Vehicles Pushes Sales of Turbochargers
“Making vehicles lighter has always been a highly popular trend in the global
automotive turbochargers market. Lighter cars, for instance, hold the advantages of
reduced volume of metal, lesser maintenance, better fuel efficiency, and faster
speeds. The automotive industry has lately been chasing fuel efficiency targets
owing to the growing number of emission restrictions being imposed across the
world. Europe, the leading region in the global automotive turbochargers market for
2015, has been especially strict when it comes to controlling fuel consumption and
vehicular emissions. This is a definite driver for the global automotive turbochargers