The global automotive turbocharger market is expected to reach USD 19.7 billion by 2027, according to a new report by VynZ Research. The market is projected to grow at a CAGR of 10.1% during the forecast period from 2021 to 2027.

The growth of the automotive turbocharger market is being driven by a number of factors, including the increasing demand for fuel-efficient vehicles, the rising adoption of stringent emission regulations, and the growing popularity of turbocharged engines in passenger cars, light commercial vehicles, and heavy-duty vehicles.

Key trends in the global automotive turbocharger market:

The increasing demand for fuel-efficient vehicles is one of the key trends driving the growth of the global automotive turbocharger market. Turbochargers help to improve fuel efficiency by increasing the amount of air that is forced into the engine, which allows the engine to burn more fuel efficiently.
The rising adoption of stringent emission regulations is another key trend driving the growth of the market. Turbochargers help to reduce emissions by improving fuel efficiency and by reducing the amount of pollutants that are emitted from the engine.
The growing popularity of turbocharged engines in passenger cars, light commercial vehicles, and heavy-duty vehicles is also a key trend driving the growth of the market. Turbochargers are increasingly being used in these vehicles to improve performance and fuel efficiency.
Regional analysis of the global automotive turbocharger market:

The Asia Pacific region is expected to be the largest market for automotive turbochargers in the coming years. This is due to the increasing demand for fuel-efficient vehicles in the region, as well as the rising adoption of stringent emission regulations. The European and North American markets are also expected to grow significantly during the forecast period.

Key players in the global automotive turbocharger market:

Some of the key players in the global automotive turbocharger market include Garrett Motion Inc., Continental AG, BorgWarner Inc., Mitsubishi Heavy Industries, Ltd., IHI Corporation, Honeywell International Inc., Cummins Inc., ABB, Linamar Corporation, and Rotomaster.

Conclusion:

The global automotive turbocharger market is expected to grow significantly in the coming years. This is due to the increasing demand for fuel-efficient vehicles, the rising adoption of stringent emission regulations, and the growing popularity of turbocharged engines in passenger cars, light commercial vehicles, and heavy-duty vehicles.