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Automotive Twin Turbochargers-Global Market Insights and Sales Trends 2024
Synopsis
Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.
The global Automotive Twin Turbochargers market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Twin Turbochargers in various end use industries. The expanding demands from the Commercial Vehicle and Passenger Car, are propelling Automotive Twin Turbochargers market. Tandem Turbo, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Parallel Turbo segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's Automotives are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Twin Turbochargers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Twin Turbochargers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Twin Turbochargers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Twin Turbochargers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Twin Turbochargers covered in this report include Honeywell, BorgWarner, IHI, MHI, Cummins, Bosch Mahle, Continental, Hunan Tyen and Weifu Tianli, etc.
The global Automotive Twin Turbochargers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell
BorgWarner
IHI
MHI
Cummins
Bosch Mahle
Continental
Hunan Tyen
Weifu Tianli
Weifang Fuyuan
Global Automotive Twin Turbochargers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Twin Turbochargers market, Segment by Type:
Tandem Turbo
Parallel Turbo
Global Automotive Twin Turbochargers market, by Application
Commercial Vehicle
Passenger Car
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Twin Turbochargers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Twin Turbochargers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.
The global Automotive Twin Turbochargers market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Twin Turbochargers in various end use industries. The expanding demands from the Commercial Vehicle and Passenger Car, are propelling Automotive Twin Turbochargers market. Tandem Turbo, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Parallel Turbo segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's Automotives are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Twin Turbochargers, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Twin Turbochargers market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Twin Turbochargers market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Twin Turbochargers sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Twin Turbochargers covered in this report include Honeywell, BorgWarner, IHI, MHI, Cummins, Bosch Mahle, Continental, Hunan Tyen and Weifu Tianli, etc.
The global Automotive Twin Turbochargers market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Honeywell
BorgWarner
IHI
MHI
Cummins
Bosch Mahle
Continental
Hunan Tyen
Weifu Tianli
Weifang Fuyuan
Global Automotive Twin Turbochargers market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Twin Turbochargers market, Segment by Type:
Tandem Turbo
Parallel Turbo
Global Automotive Twin Turbochargers market, by Application
Commercial Vehicle
Passenger Car
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Twin Turbochargers manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Twin Turbochargers in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Twin Turbochargers Market Overview
1.1 Automotive Twin Turbochargers Product Overview
1.2 Automotive Twin Turbochargers Market Segment by Type
1.2.1 Tandem Turbo
1.2.2 Parallel Turbo
1.3 Global Automotive Twin Turbochargers Market Size by Type
1.3.1 Global Automotive Twin Turbochargers Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Twin Turbochargers Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Twin Turbochargers Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Twin Turbochargers Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Twin Turbochargers Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Twin Turbochargers Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Twin Turbochargers Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Twin Turbochargers Sales Breakdown by Type (2018-2023)
2 Global Automotive Twin Turbochargers Market Competition by Company
2.1 Global Top Players by Automotive Twin Turbochargers Sales (2018-2023)
2.2 Global Top Players by Automotive Twin Turbochargers Revenue (2018-2023)
2.3 Global Top Players by Automotive Twin Turbochargers Price (2018-2023)
2.4 Global Top Manufacturers Automotive Twin Turbochargers Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Twin Turbochargers Market Competitive Situation and Trends
2.5.1 Automotive Twin Turbochargers Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Twin Turbochargers Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Twin Turbochargers as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Twin Turbochargers Market
2.8 Key Manufacturers Automotive Twin Turbochargers Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Twin Turbochargers Status and Outlook by Region
3.1 Global Automotive Twin Turbochargers Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Twin Turbochargers Historic Market Size by Region
3.2.1 Global Automotive Twin Turbochargers Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Twin Turbochargers Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Twin Turbochargers Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Twin Turbochargers Forecasted Market Size by Region
3.3.1 Global Automotive Twin Turbochargers Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Twin Turbochargers Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Twin Turbochargers Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Twin Turbochargers by Application
4.1 Automotive Twin Turbochargers Market Segment by Application
4.1.1 Commercial Vehicle
4.1.2 Passenger Car
4.2 Global Automotive Twin Turbochargers Market Size by Application
4.2.1 Global Automotive Twin Turbochargers Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Twin Turbochargers Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Twin Turbochargers Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Twin Turbochargers Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Twin Turbochargers Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Twin Turbochargers Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Twin Turbochargers Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Twin Turbochargers Sales Breakdown by Application (2018-2023)
5 North America Automotive Twin Turbochargers by Country
5.1 North America Automotive Twin Turbochargers Historic Market Size by Country
5.1.1 North America Automotive Twin Turbochargers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Twin Turbochargers Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Twin Turbochargers Sales in Value by Country (2018-2023)
5.2 North America Automotive Twin Turbochargers Forecasted Market Size by Country
5.2.1 North America Automotive Twin Turbochargers Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Twin Turbochargers Sales in Value by Country (2024-2029)
6 Europe Automotive Twin Turbochargers by Country
6.1 Europe Automotive Twin Turbochargers Historic Market Size by Country
6.1.1 Europe Automotive Twin Turbochargers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Twin Turbochargers Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Twin Turbochargers Sales in Value by Country (2018-2023)
6.2 Europe Automotive Twin Turbochargers Forecasted Market Size by Country
6.2.1 Europe Automotive Twin Turbochargers Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Twin Turbochargers Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Twin Turbochargers by Region
7.1 Asia-Pacific Automotive Twin Turbochargers Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Twin Turbochargers Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Twin Turbochargers Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Twin Turbochargers Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Twin Turbochargers Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Twin Turbochargers Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Twin Turbochargers Sales in Value by Region (2024-2029)
8 Latin America Automotive Twin Turbochargers by Country
8.1 Latin America Automotive Twin Turbochargers Historic Market Size by Country
8.1.1 Latin America Automotive Twin Turbochargers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Twin Turbochargers Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Twin Turbochargers Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Twin Turbochargers Forecasted Market Size by Country
8.2.1 Latin America Automotive Twin Turbochargers Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Twin Turbochargers Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Twin Turbochargers by Country
9.1 Middle East and Africa Automotive Twin Turbochargers Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Twin Turbochargers Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Twin Turbochargers Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Twin Turbochargers Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Twin Turbochargers Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Twin Turbochargers Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Twin Turbochargers Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Honeywell
10.1.1 Honeywell Company Information
10.1.2 Honeywell Introduction and Business Overview
10.1.3 Honeywell Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Honeywell Automotive Twin Turbochargers Products Offered
10.1.5 Honeywell Recent Development
10.2 BorgWarner
10.2.1 BorgWarner Company Information
10.2.2 BorgWarner Introduction and Business Overview
10.2.3 BorgWarner Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BorgWarner Automotive Twin Turbochargers Products Offered
10.2.5 BorgWarner Recent Development
10.3 IHI
10.3.1 IHI Company Information
10.3.2 IHI Introduction and Business Overview
10.3.3 IHI Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.3.4 IHI Automotive Twin Turbochargers Products Offered
10.3.5 IHI Recent Development
10.4 MHI
10.4.1 MHI Company Information
10.4.2 MHI Introduction and Business Overview
10.4.3 MHI Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.4.4 MHI Automotive Twin Turbochargers Products Offered
10.4.5 MHI Recent Development
10.5 Cummins
10.5.1 Cummins Company Information
10.5.2 Cummins Introduction and Business Overview
10.5.3 Cummins Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cummins Automotive Twin Turbochargers Products Offered
10.5.5 Cummins Recent Development
10.6 Bosch Mahle
10.6.1 Bosch Mahle Company Information
10.6.2 Bosch Mahle Introduction and Business Overview
10.6.3 Bosch Mahle Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Bosch Mahle Automotive Twin Turbochargers Products Offered
10.6.5 Bosch Mahle Recent Development
10.7 Continental
10.7.1 Continental Company Information
10.7.2 Continental Introduction and Business Overview
10.7.3 Continental Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Continental Automotive Twin Turbochargers Products Offered
10.7.5 Continental Recent Development
10.8 Hunan Tyen
10.8.1 Hunan Tyen Company Information
10.8.2 Hunan Tyen Introduction and Business Overview
10.8.3 Hunan Tyen Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hunan Tyen Automotive Twin Turbochargers Products Offered
10.8.5 Hunan Tyen Recent Development
10.9 Weifu Tianli
10.9.1 Weifu Tianli Company Information
10.9.2 Weifu Tianli Introduction and Business Overview
10.9.3 Weifu Tianli Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Weifu Tianli Automotive Twin Turbochargers Products Offered
10.9.5 Weifu Tianli Recent Development
10.10 Weifang Fuyuan
10.10.1 Weifang Fuyuan Company Information
10.10.2 Weifang Fuyuan Introduction and Business Overview
10.10.3 Weifang Fuyuan Automotive Twin Turbochargers Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Weifang Fuyuan Automotive Twin Turbochargers Products Offered
10.10.5 Weifang Fuyuan Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Twin Turbochargers Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Twin Turbochargers Industrial Chain Analysis
11.4 Automotive Twin Turbochargers Market Dynamics
11.4.1 Automotive Twin Turbochargers Industry Trends
11.4.2 Automotive Twin Turbochargers Market Drivers
11.4.3 Automotive Twin Turbochargers Market Challenges
11.4.4 Automotive Twin Turbochargers Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Twin Turbochargers Distributors
12.3 Automotive Twin Turbochargers Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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