
Automotive Turbocharger
Automotive Turbocharger Market Forecasts to 2030 - Global Analysis By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs), Off-Highway Vehicles, Trucks, Buses & Coaches, Industrial Vehicles and Other Vehicle Types), Fuel Type, Component, Technology, Sales Channel, Application and By Geography

According to Stratistics MRC, the Global Automotive Turbocharger Market is accounted for $16.0 billion in 2024 and is expected to reach $25.8 billion by 2030 growing at a CAGR of 8.3% during the forecast period. An automotive turbocharger is a forced induction device used in internal combustion engines to increase engine efficiency and power output. It consists of a turbine and compressor connected by a shaft. The turbine is powered by exhaust gases, which spin it, driving the compressor. The compressor then forces more air into the engine's intake, allowing for more fuel combustion and enhanced performance. Turbochargers help improve fuel efficiency and reduce engine size while delivering more power from the same engine displacement.
According to a report from the International Energy Agency, global electric vehicle sales surged to 6.6 million in 2021, reflecting a growing preference for efficient automotive technologies.
Market Dynamics:
Driver:
Rising demand for fuel-efficient vehicles
The rising demand for fuel-efficient vehicles is significantly driving the growth of the market. As consumers and manufacturers focus on reducing fuel consumption and emissions, turbochargers play a key role in enhancing engine performance while maintaining fuel efficiency. With stricter environmental regulations and growing interest in sustainable mobility, the automotive industry is increasingly adopting turbocharging technology to meet these demands, contributing to market expansion.
Restraint:
Maintenance and durability issues
Maintenance and durability issues pose a negative impact on the market. Turbochargers, being complex components, require regular maintenance to ensure optimal performance, and their failure can lead to significant repair costs and engine damage. This can discourage consumers from adopting turbocharged engines and affect the overall market growth. Additionally, concerns over the longevity and reliability of turbochargers in extreme conditions may hinder broader market penetration and acceptance.
Opportunity:
Growing popularity of downsized engines
The growing popularity of downsized engines is a key factor propelling the market. As manufacturers aim to reduce engine size without compromising power output, turbochargers become essential for boosting engine performance and efficiency. Downsized engines, combined with turbocharging technology, offer improved fuel economy, lower emissions, and better overall performance. This trend, driven by consumer demand for fuel efficiency and stricter regulations, is significantly expanding the market for turbochargers.
Threat:
Competition from electric powertrains
Competition from electric powertrains poses a challenge to the market. As electric vehicles (EVs) gain popularity due to their zero emissions, high efficiency, and lower maintenance requirements, the demand for internal combustion engines and turbochargers is declining. This shift towards electrification threatens market growth for turbocharger manufacturers, as EVs offer an alternative to traditional gasoline and diesel engines, reducing the need for turbocharging technology.
Covid-19 Impact:
The COVID-19 pandemic had a significant negative impact on the market. Factory shutdowns, disrupted supply chains, and reduced consumer spending led to a decline in vehicle production and sales, affecting the demand for turbochargers. Additionally, the uncertainty caused by the global economic slowdown delayed investments in new technologies and R&D. However, as the automotive industry recovers, the market is expected to regain momentum in the long term.
The passenger cars segment is expected to be the largest during the forecast period
The passenger cars segment is expected to account for the largest market share during the forecast period. Turbochargers enhance engine power while improving fuel efficiency and reducing emissions, making them essential for meeting environmental regulations. As automakers focus on producing smaller, more efficient engines without compromising performance, turbochargers have become a standard feature in many passenger cars, fueling growth in this market segment.
The emission control segment is expected to have the highest CAGR during the forecast period
Over the forecast period, the emission control segment is predicted to witness the highest growth rate. By improving fuel efficiency and optimizing combustion, turbochargers support compliance with stringent emission standards. As governments worldwide tighten regulations on CO2 emissions and air quality, the demand for turbochargers in both gasoline and diesel engines continues to grow, driving the development of advanced, eco-friendly technologies within the market.
Region with largest share:
During the forecast period, the North America region is expected to hold the largest market share driven by rising consumer demand for fuel-efficient and high-performance vehicles. With stricter environmental regulations and a shift towards smaller, more efficient engines, turbochargers are increasingly being adopted in both passenger cars and commercial vehicles. Additionally, advancements in technology and the growing trend of electrification and hybrid vehicles are further fueling the demand for turbochargers in the region.
Region with highest CAGR:
Over the forecast period, the Asia Pacific region is anticipated to exhibit the highest CAGR. Governments are enforcing stringent fuel efficiency and emission standards, which are pushing automakers to adopt technologies like turbocharging to reduce fuel consumption and improve engine performance while meeting emission norms. Additionally, with the shift toward electrification in the automotive industry, electric turbochargers are gaining popularity. These are expected to play a key role in hybrid and electric vehicles, offering improved response times and efficiency.
Key players in the market
Some of the key players in Automotive Turbocharger market include Honeywell International Inc., BorgWarner Inc., Continental AG, Mitsubishi Heavy Industries, Ltd., Ferrari, Cummins Inc., Bosch Mahle Turbo Systems GmbH & Co. KG, Turbo Energy Private Limited (TEL), Caterpillar Inc., Delphi Technologies, Eaton Corporation plc, Precision Turbo & Engine, ABB Ltd., Valeo S.A. and Rotomaster.
Key Developments:
In September 2024, BorgWarner has solidified an agreement to deliver its turbochargers for use on the General Motors Corvette ZR1 sports car platform, marking the largest passenger car twin turbochargers in the market to be released to date. Paired with the automaker’s 5.5-liter flat plane crankshaft V8 engine, this “unthinkable” Corvette is capable of 1,064 horsepower and 828 pound-feet of torque.
In March 2024, Ferrari has patented an inverted I6 hydrogen engine with electric turbocharging, exploring unconventional layouts to enhance packaging and performance in future high-performance vehicles. This innovative design aims to optimize both space and efficiency, showcasing Ferrari's commitment to pushing the boundaries of automotive technology while embracing sustainable fuel alternatives.
Vehicle Types Covered:
• Passenger Cars
• Light Commercial Vehicles (LCVs)
• Heavy Commercial Vehicles (HCVs)
• Off-Highway Vehicles
• Trucks
• Buses & Coaches
• Industrial Vehicles
• Other Vehicle Types
Fuel Types Covered:
• Gasoline
• Diesel
• Hybrid
Technologies Covered:
• Wastegate Turbochargers
• Variable Geometry Turbochargers (VGT)
• Twin-scroll Turbochargers
• Electric Turbochargers
• Sequential Turbochargers
Sales Channels Covered:
• Original Equipment Manufacturer (OEM)
• Aftermarket
Applications Covered:
• Engine Downsizing
• Emission Control
• Power Boosting
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Technology Analysis
3.7 Application Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Automotive Turbocharger Market, By Vehicle Type
5.1 Introduction
5.2 Passenger Cars
5.3 Light Commercial Vehicles (LCVs)
5.4 Heavy Commercial Vehicles (HCVs)
5.5 Off-Highway Vehicles
5.6 Trucks
5.7 Buses & Coaches
5.8 Industrial Vehicles
5.9 Other Vehicle Types
6 Global Automotive Turbocharger Market, By Fuel Type
6.1 Introduction
6.2 Gasoline
6.3 Diesel
6.4 Hybrid
7 Global Automotive Turbocharger Market, By Component
7.1 Introduction
7.2 Turbine
7.3 Compressor
7.4 Central Hub
7.5 Intercooler
8 Global Automotive Turbocharger Market, By Technology
8.1 Introduction
8.2 Wastegate Turbochargers
8.2.1 Mechanical Wastegate
8.2.2 Pneumatic Wastegate
8.3 Variable Geometry Turbochargers (VGT)
8.4 Twin-scroll Turbochargers
8.5 Electric Turbochargers
8.6 Sequential Turbochargers
9 Global Automotive Turbocharger Market, By Sales Channel
9.1 Introduction
9.2 Original Equipment Manufacturer (OEM)
9.3 Aftermarket
10 Global Automotive Turbocharger Market, By Application
10.1 Introduction
10.2 Engine Downsizing
10.3 Emission Control
10.4 Power Boosting
10.5 Other Applications
11 Global Automotive Turbocharger Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Honeywell International Inc.
13.2 BorgWarner Inc.
13.3 Continental AG
13.4 Mitsubishi Heavy Industries, Ltd.
13.5 Ferrari
13.6 Cummins Inc.
13.7 Bosch Mahle Turbo Systems GmbH & Co. KG
13.8 Turbo Energy Private Limited (TEL)
13.9 Caterpillar Inc.
13.10 Delphi Technologies
13.11 Eaton Corporation plc
13.12 Precision Turbo & Engine
13.13 ABB Ltd.
13.14 Valeo S.A.
13.15 Rotomaster
List of Tables
1 Global Automotive Turbocharger Market Outlook, By Region (2022-2030) ($MN)
2 Global Automotive Turbocharger Market Outlook, By Vehicle Type (2022-2030) ($MN)
3 Global Automotive Turbocharger Market Outlook, By Passenger Cars (2022-2030) ($MN)
4 Global Automotive Turbocharger Market Outlook, By Light Commercial Vehicles (LCVs) (2022-2030) ($MN)
5 Global Automotive Turbocharger Market Outlook, By Heavy Commercial Vehicles (HCVs) (2022-2030) ($MN)
6 Global Automotive Turbocharger Market Outlook, By Off-Highway Vehicles (2022-2030) ($MN)
7 Global Automotive Turbocharger Market Outlook, By Trucks (2022-2030) ($MN)
8 Global Automotive Turbocharger Market Outlook, By Buses & Coaches (2022-2030) ($MN)
9 Global Automotive Turbocharger Market Outlook, By Industrial Vehicles (2022-2030) ($MN)
10 Global Automotive Turbocharger Market Outlook, By Other Vehicle Types (2022-2030) ($MN)
11 Global Automotive Turbocharger Market Outlook, By Fuel Type (2022-2030) ($MN)
12 Global Automotive Turbocharger Market Outlook, By Gasoline (2022-2030) ($MN)
13 Global Automotive Turbocharger Market Outlook, By Diesel (2022-2030) ($MN)
14 Global Automotive Turbocharger Market Outlook, By Hybrid (2022-2030) ($MN)
15 Global Automotive Turbocharger Market Outlook, By Component (2022-2030) ($MN)
16 Global Automotive Turbocharger Market Outlook, By Turbine (2022-2030) ($MN)
17 Global Automotive Turbocharger Market Outlook, By Compressor (2022-2030) ($MN)
18 Global Automotive Turbocharger Market Outlook, By Central Hub (2022-2030) ($MN)
19 Global Automotive Turbocharger Market Outlook, By Intercooler (2022-2030) ($MN)
20 Global Automotive Turbocharger Market Outlook, By Technology (2022-2030) ($MN)
21 Global Automotive Turbocharger Market Outlook, By Wastegate Turbochargers (2022-2030) ($MN)
22 Global Automotive Turbocharger Market Outlook, By Mechanical Wastegate (2022-2030) ($MN)
23 Global Automotive Turbocharger Market Outlook, By Pneumatic Wastegate (2022-2030) ($MN)
24 Global Automotive Turbocharger Market Outlook, By Variable Geometry Turbochargers (VGT) (2022-2030) ($MN)
25 Global Automotive Turbocharger Market Outlook, By Twin-scroll Turbochargers (2022-2030) ($MN)
26 Global Automotive Turbocharger Market Outlook, By Electric Turbochargers (2022-2030) ($MN)
27 Global Automotive Turbocharger Market Outlook, By Sequential Turbochargers (2022-2030) ($MN)
28 Global Automotive Turbocharger Market Outlook, By Sales Channel (2022-2030) ($MN)
29 Global Automotive Turbocharger Market Outlook, By Original Equipment Manufacturer (OEM) (2022-2030) ($MN)
30 Global Automotive Turbocharger Market Outlook, By Aftermarket (2022-2030) ($MN)
31 Global Automotive Turbocharger Market Outlook, By Application (2022-2030) ($MN)
32 Global Automotive Turbocharger Market Outlook, By Engine Downsizing (2022-2030) ($MN)
33 Global Automotive Turbocharger Market Outlook, By Emission Control (2022-2030) ($MN)
34 Global Automotive Turbocharger Market Outlook, By Power Boosting (2022-2030) ($MN)
35 Global Automotive Turbocharger Market Outlook, By Other Applications (2022-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

Safe & Secure Access
Providing a secured environment for all online transactions.

Trusted by 600+ Brands
Serving the most reputed brands across the world.