Market Research : Turbocharger Market for Commercial Vehicles Globally Grow at a CAGR of 8.36% by 2021

A turbocharger increases the power efficiency of vehicles. The other advantages of using turbochargers in vehicles are increased power output, high power to weight ratio, efficiency, and reduction in engine weight. Three key technologies are involved in turbocharging: waste gate turbo used in commercial vehicles, twin turbo, and variable geometry turbo widely used in passenger cars.

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Technavios analysts forecast the global turbocharger market for commercial vehicles to grow at a CAGR of 8.36% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global turbocharger market for commercial vehicles for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

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Technavio's report, Global Turbocharger Market for Commercial Vehicles 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
BorgWarner
Cummins Turbo Technologies
Honeywell
Ishikawajima-Harima Heavy Industries
Mitsubishi Heavy Industries

Other prominent vendors
Bosch Mahle Turbo Systems
Gale Banks Engineering
Magnum Performance Turbos
Precision Turbo and Engine
Turbo Energy

Market driver
Growing demand for low emission vehicles.
For a full, detailed list, view our report

Market challenge
Technology advancements required in cooling systems.
For a full, detailed list, view our report

Market trend
Rapid adoption of sequential twin-turbo technology.
For a full, detailed list, view our report

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Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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