Automotive Turbochargers Market Research Report and Forecasts 2014 Automotive Turbochargers Market - Global Industry | Page 2

market, which has so far been a very efficient method to reduce weight of a vehicle
as well as emissions,” states a TMR analyst.
Other factors driving the global automotive turbochargers market at the moment
include the growing penetration of turbochargers in gasoline vehicles. Although they
are primarily intended to be used in diesel engines, manufacturers have already
begun developing turbochargers aimed at gasoline vehicles. The growing use of
turbochargers in gasoline vehicles could possibly elevate their demand by a
staggering amount from the Asia Pacific region, which holds a greater volume of
gasoline vehicles.
Demand for Electric Vehicles Escalates, Hampers Turbocharger Sales
Electric vehicles are growing stronger in terms of speed, efficiency, and overall
utility. They have already begun being comparable to high end gasoline and diesel
vehicles and are steadily gaining popularity across the world for being zero-emission
vehicles. These factors are directly driving the sales of electric vehicles, and are
hindering the sales of conventional ones. As a result, the demand for turbochargers
is also taking a hit. As a greater percentage of vehicle users resort to the constantly
evolving electric vehicles to stick to the ever-strengthening emission norms,
manufacturers of turbochargers are expected to receive a cutback in overall
production numbers.
Other factors hindering the global automotive turbochargers market include the
increasing cost of non-renewable fuel which is pressurizing several consumers to
change to electric vehicles, bicycles, and public transport. At the same time,
manufacturers of turbochargers have consistently faced a negative impact from
turbo lag. The greater time taken to build up exhaust pressure required to turn the
turbine is becoming more of an issue in comparison to other, more evolved
emission-reducing technologies.
“A great field of opportunity that manufacturers of turbochargers can look into is the
development of electric turbochargers. These can help reduce turbo lag to a
negligible level, while also allowing the negation of the kicking effect at lower RPMs.
The evolution of electric turbochargers is a highly positive opportunity for all
manufacturers and should be researched,” adds the analyst.
The information presented in this review is based on a Transparency Market
Research report, titled, “Automotive Turbochargers Market - Global Industry
Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
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Turbochargers market. Request a sample to stay abreast on the key trends
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