Global Automotive Turbocharger Market is predicted to reach USD 10.78 billion at a CAGR of 10.10% during the forecast period 2024 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Automotive Turbocharger Market” that contains information from 2023 to 2030. The Global Automotive Turbocharger Market is estimated to register a CAGR of 10.10% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Automotive Turbocharger Market— Cummins, BorgWarner Inc, Mitsubishi Heavy Industries Ltd, Fengcheng Xindongli Turbocharger Co. Ltd, Honeywell International Inc, IHI Corporation, Bullseye Power, Precision Turbo and Engine, Continental AG, and Bosch Mahle.

Global Automotive Turbocharger Market Market Highlights

Global Automotive Turbocharger Market is accounted to register a CAGR of 10.10% during the forecast period and is estimated to reach USD 10.78 Billion by 2030.

An automotive turbocharger is a mechanical device integrated into internal combustion engines to enhance their performance by increasing the volume of air that's delivered to the engine's cylinders. This is achieved through the utilization of exhaust gases' kinetic energy, which drives a turbine that compresses incoming air before it enters the combustion chamber. The compressed air enables more fuel to be efficiently burned, resulting in increased power output and improved engine efficiency. Turbochargers are commonly used in both gasoline and diesel engines to enhance their horsepower, torque, and overall performance without the need for significant engine displacement increases.

Segment Analysis

The Global Automotive Turbocharger Market has been segmented based on Type, Application.

Based on Type, the market is segmented into Gasoline, Diesel, and New Energy Engines. The prevalence of gasoline engines in the Automotive Turbocharger market is attributed to their compatibility with turbocharging technology, which enhances power and efficiency without sacrificing fuel economy.

Based on Application, the market is segmented into Passenger Vehicles, Commercial Cars. The dominance of the Passenger Vehicles category in the Automotive Turbocharger market is owed to the pursuit of improved performance and efficiency, driving the adoption of turbocharging technology in these vehicles.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Turbocharger Market Growth

Regional Analysis

The Global Automotive Turbocharger Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global Automotive Turbocharger Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global Automotive Turbocharger Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global Automotive Turbocharger Market comprises of Middle East, Africa, and Latin America.

The automotive turbocharger market in North America is positioned for significant dominance, primarily due to the emergent trend within the commercial vehicle sector that emphasizes engine lightweight. This trend, characterized by the reduction of engine weight, aligns with the growing preference for the adoption of natural gasoline in the industry. This shift towards natural gasoline is driven by its potential to enhance both performance and fuel efficiency. Moreover, the region's automotive landscape is being considerably shaped by the imposition of increasingly strict automotive emission regulations.

In Europe, the automotive turbocharger market secures the second-largest market share, primarily due to the automotive industry's emphasis on fuel efficiency and effectiveness, compelled by EU regulations on fuel economy and emission targets. Notably, the German market holds the largest market share, while the UK market exhibits the swiftest growth within the European region.

Anticipated to exhibit the fastest compound annual growth rate (CAGR) from 2023 to 2030, the Asia-Pacific automotive turbocharger market is propelled by surging automotive production in Asian economies, prominently led by China's dominance in the market share, and further bolstered by India's rapid growth in the automotive turbocharger sector within the region.

Key Findings of the Study

• The Global Automotive Turbocharger Market is expected to reach USD 10.78 Billion by 2030, at a CAGR of 10.10% during the forecast period.


• The automotive turbocharger market in the North American region is poised for market dominance. The emerging trend of reducing engine weight in commercial vehicles is driving a transition towards natural gasoline usage, further supported by the increasing enforcement of strict automotive emission regulations, thereby propelling market growth in this region.


• Based on the Type, the Market has been segmented intoGasoline holding the largest market in 2023.


• Cummins, BorgWarner Inc, Mitsubishi Heavy Industries Ltd, Fengcheng Xindongli Turbocharger Co. Ltd, Honeywell International Inc, IHI Corporation, Bullseye Power, Precision Turbo and Engine, Continental AG, and Bosch Mahle.