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The global automotive turbocharger hose market is being aided by the growing global automotive turbocharger market, which stood at a value of around USD 14.64 billion in 2023. The automotive turbocharger industry is further expected to grow at a CAGR of 10.4% in the forecast period of 2024-2032 to reach a value of approximately USD 35.43 billion by 2032.
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Based on vehicle type, heavy commercial vehicles are expected to account for a considerable share in the market. This can be attributed to the increasing use of this type of vehicle for long distance haulage, as a result of which, there is a high replacement rate of heavy commercial vehicles. This, in turn, is aiding the growth of the automotive turbocharger hose industry.
Meanwhile, on the basis of fuel, the gasoline segment accounts for a significant market share owing to the rising demand for gasoline-based engines. Further, the growing adoption of turbocharged gasoline direct injection (GDI) is also contributing to the market expansion.
Geographically, the Asia Pacific accounts for a significant share in the market. The growth is attributed to the opening of several manufacturing plants in China. This, coupled with the considerable growth of the automotive industry, has been aiding the market growth in the region. Over the forecast period, the automotive turbocharger hose industry is anticipated to witness a significant growth in the region owing to the stringent emission norms implemented by the governments across the nations, which is expected to enhance the demand for automotive turbocharger hose. The major countries contributing to the growth of the Asia Pacific automotive turbocharger hose industry include China, Japan, and South Korea.
An automotive turbocharger contains a series of turbocharger hoses. Through these hoses, the turbocharger compresses air and delivers it to the engine. The exhaust gas turbine extracts energy from the exhaust gas and uses it to drive the compressor and overcome friction.
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By product, the market is divided into:
Based on vehicle type, the market can be segmented into:
On the basis of fuel, the market can be bifurcated into:
Based on distribution channel, the market can be segmented into:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The increasing technological advancements in the field of automobile and the growing production of heavy and light commercial vehicles are the major factor driving the growth of the global automotive turbocharger hose industry. The rising disposable income, increasing demand for vehicle maintenance and repair services, and increasing population are further contributing to the market growth. Over the forecast period, the market will be aided by the stringent regulations imposed by the government to cut-down vehicular emissions. Therefore, the increasing focus to decrease emissions and increase fuel efficiency will accelerate the market growth. Also, the increasing vehicle production in regions like the Asia Pacific and others is expected to further augment the market growth in the coming years.
The report gives a detailed analysis of the following key players in the global automotive turbocharger hose market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Product |
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Breakup by Vehicle Type |
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Breakup by Fuel |
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Breakup by Distribution Channel |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*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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The global automotive turbocharger hose market is being aided by the growing global automotive turbocharger market, which attained a value of nearly USD 14.64 billion in 2023.
The automotive turbocharger hose market is being supported by the growing global automotive turbocharger market, which is projected to grow at a CAGR of 10.4% between 2024 and 2032.
The major drivers of the market include the increasing use of automotive turbocharger hoses for long distance haulage, high replacement rates of commercial vehicles, and the growing adoption of turbocharged gasoline direct injection (GDI).
The key trends guiding the market growth are surging manufacturing activities, technological advancements in the automotive sector, the surging focus to decrease emissions and increase fuel efficiency, and the increasing demand for vehicle maintenance and repair services.
The major regions in the market are North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The significant products considered in the market report include extruded charge air hoses, suction blow moulded plastic hoses, and wrapped charge air hoses, among others.
The major vehicle types in the market are passenger vehicle, light commercial vehicle, and heavy commercial vehicle, among others.
he various segments based on fuel of automotive turbocharger hose considered in the market report are gasoline and diesel.
The major distribution channels in the market are OEM and aftermarket.
The major players in the market are DuPont de Nemours, Inc., ContiTech AG, Gates Corporation, Wacker Chemie AG, Viper Performance Hoses Ltd, and Eaton Corporation plc, among others.
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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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
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