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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Automotive Electric Turbocharger Market Trends
The auto industry is witnessing rapid adoption of electrified hybridisation, leveraging high voltage systems to enhance fuel efficiency and performance. It is suggested that hybrid powertrains boosted by novel technologies would secure nearly thirty percent of the global light-vehicle market by 2030.
Moreover, leading companies today are engaged in developing innovative solutions, demonstrating a key trend in the automotive electric turbocharger market. For example, Garrett’s E-Turbo is a passenger vehicle industry-first innovation. It eliminates turbo lag through a high-speed electric motor placed directly on the turbo shaft between the compressor and the turbine; it also recovers energy, contributing to the vehicle energy management system. For hybrid powertrains, modern innovative solutions such as Garrett’s E-Turbo significantly enhance transient engine performance and low-end torque, deliver more power and faster response, and enable engine efficiency through energy recuperation. Further, such solutions may be used as motor as well as generator, by supporting the boosting system and powering the hybrid motor directly or recharging the battery.
Automotive Electric Turbocharger Market Report Snapshots
Automotive Electric Turbocharger Market Size
Automotive Electric Turbocharger Market Growth
Automotive Electric Turbocharger Market Trends
Automotive Electric Turbocharger Market Share
Automotive Electric Turbocharger Companies
Automotive Electric Turbocharger Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The global automotive electric turbocharger market is projected to grow at a CAGR of 12.1% between 2024 and 2032.
The major drivers of the market include the turbocharger’s function to provide more power, better efficiency and less lag in power delivery, rising disposable income, urbanisation, and expansion of industrial sector.
Stringent regulations to curb vehicular emission and rapid growth in the sale of automobiles are the key industry trends propelling the market's growth.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The different propulsion types include IC-engine and hybrid propulsion engine. IC-engine is further divided into gasoline powered and diesel powered.
Based on vehicle type, the market is segmented into commercial vehicle, passenger vehicles, and light-duty vehicle, among others. Commercial vehicle is further divided into medium-duty commercial vehicle and heavy-duty commercial vehicle.
The various sales channels are OEM and replacement, among others.
The major players in the industry are Garrett Motion Inc., IHI Corporation, BorgWarner Inc., and TORQAMP, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124