Global Turbocharger Market Size, Future Challenges For Commercial Vehicles Set To Grow at CAGR of 8.36% Over 2016-2020

Press Release   •   Jan 02, 2017 05:56 EST

The report analyzes and presents an overview on "Global Turbocharger Market For Commercial Vehicles 2016-2020" worldwide.

About Turbocharger

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.

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:

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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

Cummins Turbo Technologies
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

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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

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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