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

By Vehicle Type;

Passenger Car, Low Commercial Vehicle (LCV) and High Commercial Vehicle (HCV).

By Fuel Type;

Gasoline, and Diesel.

By Technology;

Variable Geometry Turbo Chargers (VGT/VNT), Waste Gate Turbo Chargers and Twin Turbo Chargers.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn585197172 Published Date: March, 2025 Updated Date: April, 2025

Introduction

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

In the year 2024, the Global Gasoline Turbochargers Market was valued at USD 13,792.18 million. The size of this market is expected to increase to USD 22,917.70 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.5%.

The global gasoline turbochargers market has witnessed significant growth in recent years, driven by the increasing demand for fuel-efficient vehicles and stringent emission regulations. Turbochargers play a crucial role in enhancing the performance of gasoline engines by compressing air and delivering it into the combustion chamber, resulting in improved power output and fuel efficiency. As automakers strive to meet increasingly stringent fuel economy standards while delivering powerful driving experiences, the adoption of turbocharged gasoline engines has become more prevalent across various vehicle segments.

One of the key factors propelling the growth of the gasoline turbochargers market is the rising consumer preference for smaller, more fuel-efficient engines without compromising on performance. Turbocharging technology enables automakers to downsize engines while maintaining or even enhancing power output, thereby achieving better fuel efficiency and lower emissions. Moreover, turbocharged gasoline engines offer a more responsive driving experience, with increased torque available at lower engine speeds, enhancing both acceleration and overall performance.

Another significant driver of market growth is the increasing penetration of turbocharged gasoline engines in emerging economies, where there is a growing demand for vehicles offering a balance between performance and fuel economy. As these markets continue to experience rapid urbanization and rising disposable incomes, consumers are increasingly opting for turbocharged gasoline vehicles as a cost-effective and environmentally friendly transportation solution.

Despite the numerous benefits associated with turbocharged gasoline engines, challenges such as higher manufacturing costs and concerns regarding reliability and durability persist. Automakers are continually investing in research and development to overcome these challenges and improve the efficiency and durability of turbocharging systems, thereby driving further growth in the global gasoline turbochargers market. Additionally, advancements in turbocharger technology, such as electric turbochargers and variable geometry turbochargers, are expected to create new opportunities for market players to innovate and differentiate their offerings in the increasingly competitive automotive landscape.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Fuel Type
    3. Market Snapshot, By Technology
    4. Market Snapshot, By Region
  4. Global Gasoline Turbochargers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Emission regulations
        2. Fuel efficiency demands
        3. Growing automotive production
        4. Performance enhancement trends
      2. Restraints
        1. High initial investment costs
        2. Technological complexity challenges
        3. Potential reliability concerns
        4. Market saturation risks
      3. Opportunities
        1. Increasing electric turbocharger integration
        2. Emerging markets expansion
        3. Advancements in turbocharger materials
        4. Hybrid vehicle market growth
    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 Gasoline Turbochargers Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Car
      2. Low Commercial Vehicle (LCV)
      3. High Commercial Vehicle (HCV)
    2. Global Gasoline Turbochargers Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Gasoline
      2. Diesel
    3. Global Gasoline Turbochargers Market, By Technology, 2021 - 2031 (USD Million)
      1. Variable Geometry Turbo Chargers (VGT/VNT)
      2. Waste Gate Turbo Chargers
      3. Twin Turbo Chargers
    4. Global Gasoline 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. BorgWarner Inc
      2. Honeywell International Inc
      3. Mitsubishi Heavy Industries Ltd
      4. Continental AG
      5. Cummins Inc
      6. IHI Corporation
      7. Eaton Corporation plc
      8. Bosch Mahle Turbo Systems GmbH & Co. KG
      9. Precision Turbo & Engine
      10. Turbonetics Inc
  7. Analyst Views
  8. Future Outlook of the Market