Turbocharger Market To 2022 – Industry Analysis, Trends: Grand View Research, Inc.

Turbocharger Market Analysis, Market Size, ApplicationAnalysis, Regional Outlook, Competitive Strategies AndForecasts, 2015 To 2022Increasing trend of opting for better fuel economy and enhanced engineperformance has led to the rise in demand of turbochargers. Turbocharger helps inimproving the power to weight ratio which has led to increasing number ofautomobile manufacturers are including it in passenger cars for better performance.Stringent Environmental regulations across all countries have led to the growth ofturbo charging technologies in the last few years and this trend is expected tocontinue over the forecast period. Oil price fluctuations have also played a majorrole in the rising demand of turbochargers owing to better fuel efficiency.For More Information on "Turbocharger Market Research Reports" visit -http://www.grandviewresearch.com/industry-analysis/turbocharger-market

Increasing demand for more powerful vehicles in the recent past has contributed tothe growing demand for the device. There are three key technologies in turbocharging namely waste gate turbo which is mostly utilized in commercial vehicles,twin turbo and variable geometry turbocharger which is widely used in passengercars. Consumer preference to more smaller and compact engines coupled with risein production of passenger cars has propelled the growth of the market.Manufacturers are now collaborating with various dealers and distributors tounderstand the different requirements of the consumer. Other applications includepower plants, marine and generator sets. The marine and power generation sectorsare expected to witness a significant rise in demand owing to their rise inperformance enhancement abilities. Some of the major challenges to the growth ofthis market are low awareness regarding gasoline turbochargers, gaining popularityof electrical turbo chargers and increasing consumption of gasoline turbochargers.

These factors are expected to have an impact on the overall growth of the market.Emerging economies including India and China are expected to be the majormanufacturing hubs for turbo charging technologies owing to the rising populationand increasing demand for cars. Honeywell Turbo Technologies, Precision Turboand Engines, Cummins Turbo Technologies, Rotomaster and Mitsubishi HeavyIndustries are some of the major players in the market. Honeywell TurboTechnologies recently announced that it is expected to increase its productioncapacity owing to the surge in demand from emerging economies of China andIndia. The company has started two new production facilities in Europe and China.Request TOC of “Turbocharger Market Research Reports" visit -http://www.grandviewresearch.com/industry-analysis/turbochargermarket/request-toc

About Grand View ResearchGrand View Research, Inc. is a U.S. based market research and consultingcompany, registered in the State of California and headquartered in San Francisco.The company provides syndicated research reports, customized research reports,and consulting services. To help clients make informed business decisions, thecompany offers market intelligence studies ensuring relevant and fact-basedresearch across a range of industries including technology, chemicals, materials,healthcare and energy.Contact:Sherry JamesCorporate Sales Specialist, U.S.A.Grand View Research, Inc.United StatesPhone: 1-415-349-0058Toll Free: 1-888-202-9519Email: sales@grandviewresearch.comWebsite: Grand View ResearchBlog Site: http://www.divog.org/