Turbocharger Market Turbocharger Market Forecast, 2016-2024 | Page 5

“ 5 The current obsession with improving fuel economy and the enforced reduction in emissions is proving a boon for manufacturers of turbochargers. Moreover, new government fuel economy regulations and the prospect of higher fuel prices are driving the stampede to turbocharge. However, the upcoming trend of electric vehicles due to environmental concerns can act as a major impeding factor to the turbocharger market growth”