Status : Published | Published On : Apr, 2024 | Report Code : VRAT9613 | Industry : Automotive & Transportation | Available Format :
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The Global Automotive Turbocharger Market is anticipated to grow from USD 11.65 billion to USD 19.7 billion by 2030, witnessing a CAGR of 10.1% during the forecast period 2025-2030. An automotive turbocharger is an enforced initiation system that uses the energy of exhaust gases from the engine to drive the turbine. This helps in stimulating the volume of air into the combustion chamber as it burns the fuel efficiently with great power and saves fuel. Turbochargers are one of the essential components as they increase the efficiency of the engine.
The rising adoption of passenger, commercial, and heavy-duty vehicles to increase fuel efficiency will drive the growth of the market. The mandatory emission norms, mounting production of mild hybrid vehicles, and rising usage of TGDI (Turbocharged Gasoline Direct Injection) technology will fuel the growth of the global automotive turbocharger market.
The COVID-19 pandemic has impacted the industry as there was a temporary shutdown of assembly lines, resulting in a slowdown in the economy. With almost no vehicle movement, there were no new requirements for installing a turbocharger on a new vehicle or additional turbocharger to replace is already present in the vehicle, resulting in a slowdown in the turbocharger market. Nevertheless, the rising demand for performance and luxury cars will lead to increased demand for automotive turbochargers leading to growth in the market.
Based on fuel, the global automotive turbocharger market is bifurcated into gasoline and diesel. The gasoline segment is anticipated to witness the largest segment over the projected period due to the reduced price of turbocharged gasoline engine technology and novel emission regulations. Moreover, exhaust gas turbocharger technology which is built into gasoline-powered automotive turbochargers helps to burn engine fuel efficiently, thereby improving engine performance. Thus, encouraging OEMs to adopt turbochargers in gasoline passenger cars.
Based on technology, the global automotive turbocharger market is segregated into VGT/VNT, wastegate, and twin turbo. VGT dominates the market and is generally used in diesel-powered vehicles. The twin-turbo segment is having significant growth owing to its increased output and is highly adopted in sports cars and Sports Utility Vehicles (SUVs).
Based on vehicle type, the automotive turbocharger market is divided into PCV, LCV, and HCV. The passenger vehicle contributes to the largest share of the market due to the large population of passenger vehicles worldwide. The industry players have commercialized fuel cell vehicle turbochargers that efficiently generate power via the delivery of clean air to fuel cell batteries. This has resulted in the growth of fuel cell technology in the PCV market, thus fuelling the growth of the automotive turbocharger market.
Based on the distribution channel, the global automotive turbocharger market is bifurcated into OEM and aftermarket. There is stable growth in the aftermarket distribution channel segment owing to the rising demand for engine components in the automotive industry as a result of frequent engine-component failures, which will drive the growth of automotive turbochargers. Furthermore, the automotive component makers are offering e-commerce platforms to serve customers with aftermarket turbochargers.
Report Metric |
Details |
Historical Period |
2020 - 2024 |
Base Year Considered |
2025 |
Forecast Period |
2026 - 2035 |
Market Size in 2025 |
U.S.D. 11.65 Billion |
Revenue Forecast in 2035 |
U.S.D. 19.7 Billion |
Growth Rate |
10.1% |
Segments Covered in the Report |
By Fuel Type, By Technology, By Vehicle Type, By Distribution Channel |
Report Scope |
Market Trends, Drivers, and Restraints; Revenue Estimation and Forecast; Segmentation Analysis; Impact of COVID-19; Companies’ Strategic Developments; Market Share Analysis of Key Players; Company Profiling |
Regions Covered in the Report |
North America, Europe, Asia-Pacific (APAC), Rest of the World (RoW) |
The development of commercial vehicles and the rising adoption of technologically developed products in the automotive industry are the key trends in the automotive turbocharger market.
The increased engine downsizing requirements, increased penetration of electric vehicles, mounting adoption of zero-emission vehicles, and stringent government regulations will contribute to the growth of the global automotive turbocharger market. Furthermore, emission norms like Euro-6, China-VI, and PROCONVE P-8 have fueled the market for gasoline products, resulting in the growth of passenger car turbocharger production. In addition, the increased deployment of electronic systems and ECUs in automobiles will further propel the growth of the automotive turbocharger market.
The increased maintenance cost and increased cooling oil requirements as it needs to withstand hot exhaust gases having a temperature of 1200°F. Furthermore, turbo lag is one of the challenges in conventional turbochargers and if not installed properly can create leakages, thereby hampering the growth of the automotive turbocharger market.
The advancement in electric turbochargers will provide more power and be highly fuel-efficient due to the elimination of turbo lag and growth in the electric vehicle industry will create promising opportunities for the growth of the market.
Asia-Pacific contributes to the largest share of the global automotive turbocharger market owing to the increased volume of passenger cars in the region. Moreover, countries like India and China are holding the maximum sales and production of automobiles which fuels the growth of the automotive turbocharger market in the region. The robust urbanization, industrialization, enhancement in infrastructure, increased disposable income, and stringent government norms and emission standards like BS-VI in India will accelerate the growth of the automotive turbocharger market in the region.
The market players focus on the development of major turbocharger elements, including a compressor with enhanced efficiency, a bearing with reduced mechanical loss, and a turbine that enhances performance. The industry participants are developing the production automation process and new manufacturing techniques to develop high-quality products. The strategies adopted include collaborations, M&A, product expansion, R&SD activities, etc. to sustain in the competitive market.
Garrett’s Turbo portfolio provides an extensive range of products in the automotive industry and offers solutions for gasoline, diesel, CNG, hybrid powertrains, and hydrogen fuel cells. Garrett is a pioneer in diesel turbo technology, providing fuel efficiency, emission reductions, and drivability for passenger and light commercial vehicles. Also, their innovative boosting systems provide engine downsizing options for automakers through class-leading power density and driving performance, thereby improving fuel consumption and reducing NOx and CO2 in real-world driving conditions.
BorgWarner is a prominent leader in clean and eco-efficient technologies. BorgWarner's turbocharger technology offers enhanced energy-efficient engine performance and reduces emissions and fuel consumption.
Some of the key players operating in the automotive turbocharger market are GARRETT MOTION INC., Continental AG, BorgWarner Inc., MITSUBISHI HEAVY INDUSTRIES, LTD., IHI Corporation, Honeywell International Inc., Cummins Inc., ABB, Linamar Corporation, Rotomaster.
Garrett Motion (a Global Differentiated Technology Leader) has collaboraed with Mid-South Power Distributors, Inc. to extend the distribution channel. This strategic partnership shall allow Garrett Motion to strengthen their presence to better serve the aftermarket.
Mitsubishi Heavy Industries, Ltd. (MHI) has signed a Memorandum of Understanding (MoU) with Taiwan Fertilizer Co., Ltd. (TFC) to conduct a joint pre-feasibility study that will explore the establishment of an ammonia value chain in Taiwan.
The Automotive Turbocharger Market report offers a comprehensive market segmentation analysis along with an estimation for the forecast period 2025–2030.
Segments Covered in the Report
Geographical Segmentation
Source: VynZ Research
1. Research Overview
1.1. The Report Offers
1.2. Market Coverage
1.2.1. By Fuel Type
1.2.2. By Technology
1.2.3. By Vehicle Type
1.2.4. By Distribution Channel
1.2.5. By Region
1.3. Research Phases
1.4. Limitations
1.5. Market Methodology
1.5.1. Data Sources
1.5.1.1. Primary Research
1.5.1.2. Secondary Research
1.5.2. Methodology
1.5.2.1. Data Exploration
1.5.2.2. Forecast Parameters
1.5.2.3. Data Validation
1.5.2.4. Assumptions
1.5.3. Study Period & Data Reporting Unit
2. Executive Summary
3. Industry Overview
3.1. Industry Dynamics
3.1.1. Market Growth Drivers
3.1.2. Market Restraints
3.1.3. Key Market Trends
3.1.4. Major Opportunities
3.2. Industry Ecosystem
3.2.1. Porter’s Five Forces Analysis
3.2.2. Recent Development Analysis
3.2.3. Value Chain Analysis
3.3. Competitive Insight
3.3.1. Competitive Position of Industry Players
3.3.2. Market Attractive Analysis
3.3.3. Market Share Analysis
4. Global Market Estimate and Forecast
4.1. Global Market Overview
4.2. Global Market Estimate and Forecast to 2030
5. Market Segmentation Estimate and Forecast
5.1. Fuel Type
5.1.1. Gasoline
5.1.1.1. Market Definition
5.1.1.2. Market Estimation and Forecast to 2030
5.1.2. Diesel
5.1.2.1. Market Definition
5.1.2.2. Market Estimation and Forecast to 2030
5.2. By Technology
5.2.1. VGT/VNT
5.2.1.1. Market Definition
5.2.1.2. Market Estimation and Forecast to 2030
5.2.2. Wastegate
5.2.2.1. Market Definition
5.2.2.2. Market Estimation and Forecast to 2030
5.2.3. Twin-Turbo
5.2.3.1. Market Definition
5.2.3.2. Market Estimation and Forecast to 2030
5.3. By Vehicle Type
5.3.1. PCV
5.3.1.1. Market Definition
5.3.1.2. Market Estimation and Forecast to 2030
5.3.2. LCV
5.3.2.1. Market Definition
5.3.2.2. Market Estimation and Forecast to 2030
5.3.3. HCV
5.3.3.1. Market Definition
5.3.3.2. Market Estimation and Forecast to 2030
5.4. By Distribution Channel
5.4.1. OEM
5.4.1.1. Market Definition
5.4.1.2. Market Estimation and Forecast to 2030
5.4.2. Aftermarket
5.4.2.1. Market Definition
5.4.2.2. Market Estimation and Forecast to 2030
6. North America Market Estimate and Forecast
6.1. By Fuel Type
6.2. By Technology
6.3. By Vehicle Type
6.4. By By Distribution Channel
6.5. By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
6.5.1. U.S. Market Estimate and Forecast
6.5.2. Canada Market Estimate and Forecast
6.5.3. Mexico Market Estimate and Forecast
7. Europe Market Estimate and Forecast
7.1. By Fuel Type
7.2. By Technology
7.3. By Vehicle Type
7.4. By By Distribution Channel
7.5. By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
7.5.1. Germany Market Estimate and Forecast
7.5.2. France Market Estimate and Forecast
7.5.3. U.K. Market Estimate and Forecast
7.5.4. Italy Market Estimate and Forecast
7.5.5. Spain Market Estimate and Forecast
7.5.6. Rest of Europe Market Estimate and Forecast
8. Asia-Pacific Market Estimate and Forecast
8.1. By Fuel Type
8.2. By Technology
8.3. By Vehicle Type
8.4. By By Distribution Channel
8.5. By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
8.5.1. China Market Estimate and Forecast
8.5.2. Japan Market Estimate and Forecast
8.5.3. India Market Estimate and Forecast
8.5.4. South Korea Market Estimate and Forecast
8.5.5. Singapore Market Estimate and Forecast
8.5.6. Rest of Asia-Pacific Market Estimate and Forecast
9. Rest of the World (RoW) Market Estimate and Forecast
9.1. By Fuel Type
9.2. By Technology
9.3. By Vehicle Type
9.4. By Distribution Channel
9.5. By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
9.5.1. Brazil Market Estimate and Forecast
9.5.2. Saudi Arabia Market Estimate and Forecast
9.5.3. South Africa Market Estimate and Forecast
9.5.4. Other Countries Market Estimate and Forecast
10. Company Profiles
10.1. GARRETT MOTION INC.
10.1.1. Snapshot
10.1.2. Overview
10.1.3. Offerings
10.1.4. Financial Insight
10.1.5. Recent Developments
10.2. Continental AG
10.2.1. Snapshot
10.2.2. Overview
10.2.3. Offerings
10.2.4. Financial Insight
10.2.5. Recent Developments
10.3. BorgWarner Inc.
10.3.1. Snapshot
10.3.2. Overview
10.3.3. Offerings
10.3.4. Financial Insight
10.3.5. Recent Developments
10.4. MITSUBISHI HEAVY INDUSTRIES, LTD.
10.4.1. Snapshot
10.4.2. Overview
10.4.3. Offerings
10.4.4. Financial Insight
10.4.5. Recent Developments
10.5. IHI Corporation
10.5.1. Snapshot
10.5.2. Overview
10.5.3. Offerings
10.5.4. Financial Insight
10.5.5. Recent Developments
10.6. Honeywell International Inc.
10.6.1. Snapshot
10.6.2. Overview
10.6.3. Offerings
10.6.4. Financial Insight
10.6.5. Recent Developments
10.7. Cummins Inc.
10.7.1. Snapshot
10.7.2. Overview
10.7.3. Offerings
10.7.4. Financial Insight
10.7.5. Recent Developments
10.8. ABB
10.8.1. Snapshot
10.8.2. Overview
10.8.3. Offerings
10.8.4. Financial Insight
10.8.5. Recent Developments
10.9. Linamar Corporation
10.9.1. Snapshot
10.9.2. Overview
10.9.3. Offerings
10.9.4. Financial Insight
10.9.5. Recent Developments
10.9. Rotomaster
10.10.1. Snapshot
10.10.2. Overview
10.10.3. Offerings
10.10.4. Financial Insight
10.10.5. Recent Developments
11. Appendix
11.1. Exchange Rates
11.2. Abbreviations
Note: Financial insight and recent developments of different companies are subject to the availability of information in the secondary domain.
List of Tables
Table 1 Sources
Table 2 Study Periods
Table 3 Data Reporting Unit
Table 4 Global Automotive Turbocharger Market, By Fuel Type, 2018–2023 (USD Billion)
Table 5 Global Automotive Turbocharger Market, By Fuel Type, 2025–2030 (USD Billion)
Table 6 Global Automotive Turbocharger Market, By Technology, 2018–2023 (USD Billion)
Table 7 Global Automotive Turbocharger Market, By Technology, 2025–2030 (USD Billion)
Table 8 Global Automotive Turbocharger Market, By Vehicle Type, 2018–2023 (USD Billion)
Table 9 Global Automotive Turbocharger Market, By Vehicle Type, 2025–2030 (USD Billion)
Table 10 Global Automotive Turbocharger Market, By Distribution Channel, 2018–2023 (USD Billion)
Table 11 Global Automotive Turbocharger Market, By Distribution Channel, 2025–2030 (USD Billion)
Table 12 Global Automotive Turbocharger Market, By Region, 2018–2023 (USD Billion)
Table 13 Global Automotive Turbocharger Market, By Region, 2025–2030 (USD Billion)
Table 14 North America Automotive Turbocharger Market, By Fuel Type, 2018–2023 (USD Billion)
Table 15 North America Automotive Turbocharger Market, By Fuel Type, 2025–2030 (USD Billion)
Table 16 North America Automotive Turbocharger Market, By Technology, 2018–2023 (USD Billion)
Table 17 North America Automotive Turbocharger Market, By Technology, 2025–2030 (USD Billion)
Table 18 North America Automotive Turbocharger Market, By Vehicle Type, 2018–2023 (USD Billion)
Table 19 North America Automotive Turbocharger Market, By Vehicle Type, 2025–2030 (USD Billion)
Table 20 North America Automotive Turbocharger Market, By Distribution Channel, 2018–2023 (USD Billion)
Table 21 North America Automotive Turbocharger Market, By Distribution Channel, 2025–2030 (USD Billion)
Table 22 North America Automotive Turbocharger Market, By Region, 2018–2023 (USD Billion)
Table 23 North America Automotive Turbocharger Market, By Region, 2025–2030 (USD Billion)
Table 24 Europe Automotive Turbocharger Market, By Fuel Type, 2018–2023 (USD Billion)
Table 25 Europe Automotive Turbocharger Market, By Fuel Type, 2025–2030 (USD Billion)
Table 26 Europe Automotive Turbocharger Market, By Technology, 2018–2023 (USD Billion)
Table 27 Europe Automotive Turbocharger Market, By Technology, 2025–2030 (USD Billion)
Table 28 Europe Automotive Turbocharger Market, By Vehicle Type, 2018–2023 (USD Billion)
Table 29 Europe Automotive Turbocharger Market, By Vehicle Type, 2025–2030 (USD Billion)
Table 30 Europe Automotive Turbocharger Market, By Distribution Channel, 2018–2023 (USD Billion)
Table 31 Europe Automotive Turbocharger Market, By Distribution Channel, 2025–2030 (USD Billion)
Table 32 Europe Automotive Turbocharger Market, By Region, 2018–2023 (USD Billion)
Table 33 Europe Automotive Turbocharger Market, By Region, 2025–2030 (USD Billion)
Table 34 Asia-Pacific Automotive Turbocharger Market, By Fuel Type, 2018–2023 (USD Billion)
Table 35 Asia-Pacific Automotive Turbocharger Market, By Fuel Type, 2025–2030 (USD Billion)
Table 36 Asia-Pacific Automotive Turbocharger Market, By Technology, 2018–2023 (USD Billion)
Table 37 Asia-Pacific Automotive Turbocharger Market, By Technology, 2025–2030 (USD Billion)
Table 38 Asia-Pacific Automotive Turbocharger Market, By Vehicle Type, 2018–2023 (USD Billion)
Table 39 Asia-Pacific Automotive Turbocharger Market, By Vehicle Type, 2025–2030 (USD Billion)
Table 40 Asia-Pacific Automotive Turbocharger Market, By Distribution Channel, 2018–2023 (USD Billion)
Table 41 Asia-Pacific Automotive Turbocharger Market, By Distribution Channel, 2025–2030 (USD Billion)
Table 42 Asia-Pacific Automotive Turbocharger Market, By Region, 2018–2023 (USD Billion)
Table 43 Asia-Pacific Automotive Turbocharger Market, By Region, 2025–2030 (USD Billion)
Table 44 RoW Automotive Turbocharger Market, By Fuel Type, 2018–2023 (USD Billion)
Table 45 RoW Automotive Turbocharger Market, By Fuel Type, 2025–2030 (USD Billion)
Table 46 RoW Automotive Turbocharger Market, By Technology, 2018–2023 (USD Billion)
Table 47 RoW Automotive Turbocharger Market, By Technology, 2025–2030 (USD Billion)
Table 48 RoW Automotive Turbocharger Market, By Vehicle Type, 2018–2023 (USD Billion)
Table 49 RoW Automotive Turbocharger Market, By Vehicle Type, 2025–2030 (USD Billion)
Table 50 RoW Automotive Turbocharger Market, By Distribution Channel, 2018–2023 (USD Billion)
Table 51 RoW Automotive Turbocharger Market, By Distribution Channel, 2025–2030 (USD Billion)
Table 52 RoW Automotive Turbocharger Market, By Region, 2018–2023 (USD Billion)
Table 53 RoW Automotive Turbocharger Market, By Region, 2025–2030 (USD Billion)
Table 54 Snapshot – GARRETT MOTION INC.
Table 55 Snapshot – Continental AG
Table 56 Snapshot – BorgWarner Inc.
Table 57 Snapshot – MITSUBISHI HEAVY INDUSTRIES, LTD.
Table 58 Snapshot – IHI Corporation
Table 59 Snapshot – Honeywell International Inc.
Table 60 Snapshot – Cummins Inc.
Table 61 Snapshot – ABB
Table 62 Snapshot – Linamar Corporation
Table 63 Snapshot – Rotomaster
List of Figures
Figure 1 Market Coverage
Figure 2 Research Phases
Figure 3 Secondary Sources for Different Parameters
Figure 4 Methodology
Figure 5 Data Mining & Exploration
Figure 6 Data Triangulation
Figure 7 Assumptions for Market Estimation and Forecast
Figure 8 Market Synopsis
Figure 9 Global Automotive Turbocharger Market- Growth Drivers and Restraints
Figure 10 Competitive Benchmark
Figure 11 Global Automotive Turbocharger Market Highlight
Figure 12 Global Automotive Turbocharger Market, By Fuel Type, 2018 - 2030 (USD Billion)
Figure 13 Global Automotive Turbocharger Market, By Technology, 2018 - 2030 (USD Billion)
Figure 14 Global Automotive Turbocharger Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 15 Global Automotive Turbocharger Market, By Distribution Channel, 2018 - 2030 (USD Billion)
Figure 16 Global Automotive Turbocharger Market, by Region, 2018 - 2030 (USD Billion)
Figure 17 North America Automotive Turbocharger Market Highlight
Figure 18 North America Automotive Turbocharger Market, By Fuel Type, 2018 - 2030 (USD Billion)
Figure 19 North America Automotive Turbocharger Market, By Technology, 2018 - 2030 (USD Billion)
Figure 20 North America Automotive Turbocharger Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 21 North America Automotive Turbocharger Market, By Distribution Channel, 2018 - 2030 (USD Billion)
Figure 22 North America Automotive Turbocharger Market, by Region, 2018 - 2030 (USD Billion)
Figure 23 Europe Automotive Turbocharger Market Highlight
Figure 24 Europe Automotive Turbocharger Market, By Fuel Type, 2018 - 2030 (USD Billion)
Figure 25 Europe Automotive Turbocharger Market, By Technology, 2018 - 2030 (USD Billion)
Figure 26 Europe Automotive Turbocharger Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 27 Europe Automotive Turbocharger Market, By Distribution Channel, 2018 - 2030 (USD Billion)
Figure 28 Europe Automotive Turbocharger Market, By Region, 2018 - 2030 (USD Billion)
Figure 29 Asia-Pacific Automotive Turbocharger Market Highlight
Figure 30 Asia-Pacific Automotive Turbocharger Market, By Fuel Type, 2018 - 2030 (USD Billion)
Figure 31 Asia-Pacific Automotive Turbocharger Market, By Technology, 2018 - 2030 (USD Billion)
Figure 32 Asia-Pacific Automotive Turbocharger Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 33 Asia-Pacific Automotive Turbocharger Market, By Distribution Channel, 2018 - 2030 (USD Billion)
Figure 34 Asia-Pacific Automotive Turbocharger Market, By Region, 2018 - 2030 (USD Billion)
Figure 35 RoW Automotive Turbocharger Market Highlight
Figure 36 RoW Automotive Turbocharger Market, By Fuel Type, 2018 - 2030 (USD Billion)
Figure 37 RoW Automotive Turbocharger Market, By Technology, 2018 - 2030 (USD Billion)
Figure 38 RoW Automotive Turbocharger Market, By Vehicle Type, 2018 - 2030 (USD Billion)
Figure 39 RoW Automotive Turbocharger Market, By Distribution Channel, 2018 - 2030 (USD Billion)
Figure 40 RoW Automotive Turbocharger Market, By Region, 2018 - 2030 (USD Billion)
Global Automotive Turbocharger Market Coverage
Fuel Type Insight and Forecast 2025-2030
Technology Insight and Forecast 2025-2030
Vehicle Type Insight and Forecast 2025-2030
Distribution Channel Insight and Forecast 2025-2030
Geographical Segmentation
Automotive Turbocharger Market by Region
North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)
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