DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qllgxc/global_automotive) has announced the addition of the "Global Automotive Turbocharger Market 2014-2018 with Borg Warner, IHI, Honeywell International & Mitsubishi Heavy Industries Dominating" report to their offering.
The Global Automotive Turbocharger market to grow at a CAGR of 9% to 2018.
The increasing use of two-stage turbocharging or twin turbo technology is expected to be a major trend in the Global Automotive Turbocharger market during the forecast period. In twin turbo technology, two turbochargers compress air and transfer it back to the vehicle engine, resulting in more power. Further, twin turbo technology is of two types, depending on the arrangement of turbochargers: parallel twin turbo, and sequential twin turbo. In parallel twin turbo technology, the turbochargers function simultaneously, whereas in sequential turbo, the turbochargers function sequentially, one at a lower engine speed and the other at a higher engine speed. Thus, the increasing usage of twin turbo technology helps reduce turbo lag and enhances engine performance.
According to the report, one of the main drivers in this market is increasing engine downsizing. The increasing adoption of turbochargers in small cars, particularly those with two- and three-cylinder engines has a direct positive influence on the demand for automotive turbochargers.
Further, the report states that one of the main challenges in this market is the ongoing financial crisis in Europe that has affected the overall Automotive market in Europe and, hence, the Global Automotive Turbocharger market.
Key vendors dominating this space are:
- Borg Warner Inc.
- IHI Corp.
- Honeywell International Inc
- Mitsubishi Heavy Industries Ltd.
Other vendors mentioned in the report are:
- Bosch Mahle Turbo Systems GmbH & Co. KG
- Continental AG
- Cummins Inc.
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market by Vehicle Segmentation
- Market by Engine Segmentation
- Geographical Segmentation
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/qllgxc/global_automotive
