Global Automotive Turbochargers Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Fuel Type;

Gasoline, Diesel, and Others.

By Vehicle Type;

Passenger Vehicles, Light Commercial Vehicles, and Heavy Commercial Vehicles.

By Technology Type;

Variable Geometry Turbocharger, Wastegate Turbocharger, and Electric Turbocharger.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn537617811 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Automotive Turbochargers Market (USD Million), 2021 - 2031

In the year 2024, the Global Automotive Turbochargers Market was valued at USD 21,248.40 million. The size of this market is expected to increase to USD 38,842.90 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 9.0%.

The global automotive turbochargers market serves as a cornerstone in the automotive industry's pursuit of enhanced engine performance, fuel efficiency, and emissions reduction. Turbochargers, critical components of modern internal combustion engines, operate by compressing intake air to increase air density and improve engine power output. As automotive manufacturers face stringent regulatory standards and consumer demands for both performance and efficiency, turbochargers have become ubiquitous across a wide range of vehicle types and applications. This market is characterized by continuous innovation, driven by the quest for higher efficiency, reduced emissions, and improved driving dynamics.

The global automotive turbochargers market is the constant evolution and diversification of turbocharger technology to meet the varying needs of different vehicle segments. From compact city cars to heavy-duty commercial vehicles, turbochargers are tailored to specific engine configurations, power requirements, and operating conditions. Turbocharger designs continue to advance, incorporating technologies such as variable geometry turbines, electrically assisted turbochargers, and twin-scroll turbochargers to optimize performance across a broader range of engine speeds and loads. Additionally, the integration of turbochargers with hybrid and electrified powertrains is reshaping the automotive landscape, driving further innovation and expansion in the turbocharger market.

The global automotive turbochargers market is influenced by shifting trends in vehicle electrification, connectivity, and autonomous driving. As automakers invest in electrified powertrains and develop hybrid vehicles, turbochargers play a crucial role in enhancing the efficiency and performance of internal combustion engines in hybrid configurations. Moreover, advancements in connectivity and data analytics enable real-time monitoring and optimization of turbocharger performance, ensuring optimal engine operation and durability. As the automotive industry transitions towards autonomous driving technologies, turbochargers will continue to evolve, providing essential support for the efficient propulsion systems required in future autonomous and electric vehicles. The global automotive turbochargers market remains dynamic and resilient, poised for continued growth and innovation as automotive manufacturers adapt to evolving regulatory, technological, and market demands.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Fuel Type
    2. Market Snapshot, By Vehicle Type
    3. Market Snapshot, By Technology Type
    4. Market Snapshot, By Region
  4. Global Automotive Turbochargers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Fuel-Efficient Vehicles
        2. Rise in Vehicle Production and Sales
        3. Technological Advancements in Turbocharger Design
        4. Expansion of Electric and Hybrid Vehicle Market
      2. Restraints
        1. Complexity of Turbocharger Integration
        2. Competition from Alternative Powertrain Technologies
        3. Supply Chain Disruptions and Component Shortages
        4. Performance and Reliability Concerns
      3. Opportunities
        1. Development of Advanced Materials and Manufacturing Processes
        2. Collaboration with Automotive OEMs for Customization
        3. Integration of Digitalization and IoT in Turbocharger Systems
        4. Focus on Aftermarket Sales and Services
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Turbochargers Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Gasoline
      2. Diesel
      3. Others
    2. Global Automotive Turbochargers Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Vehicles
      2. Light Commercial Vehicles
      3. Heavy Commercial Vehicles
    3. Global Automotive Turbochargers Market, By Technology Type, 2021 - 2031 (USD Million)
      1. Variable Geometry Turbocharger
      2. Wastegate Turbocharger
      3. Electric Turbocharger
    4. Global Automotive Turbochargers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell (U.S.)
      2. BorgWarner
      3. MHI
      4. ABB
      5. IHI
      6. Continental
      7. Bosch Mahle
  7. Analyst Views
  8. Future Outlook of the Market