Turbocharger Market Turbocharger Market Forecast, 2016-2024

The global turbocharger market was valued at $10.2 billion in 2016, and is projected to reach $24.07 billion by 2024, growing at a CAGR of 11.6% from 2017 to 2024. In 2016, the diesel turbocharger segment held the highest revenue share of nearly 57% of the global turbocharger market share. Among major regions, Europe was the highest revenue generating market in 2016. 2