Product Code: ETC4574125 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India automotive turbocharger market import shipment demonstrated a robust growth trend with a CAGR of 26.2% from 2020 to 2024. However, the growth rate slightly moderated in the most recent period, increasing by 4.2%. Overall, the market expanded significantly, showing positive momentum and potential for further growth.
The India Automotive Turbocharger Market is witnessing growth as engine downsizing and emission reduction become priorities in the automotive sector. Turbochargers are essential for increasing engine efficiency and power without increasing engine displacement. As automakers in India strive to meet emission standards and improve fuel economy, the demand for turbochargers is increasing, making them an essential part of the automotive technology landscape.
The need for improved engine performance, fuel efficiency, and emission reduction is driving the automotive turbocharger market. Turbochargers enable smaller engines to generate more power, enhancing vehicle efficiency and complying with emission standards.
The India automotive turbocharger market faces challenges related to the demand for more fuel-efficient and eco-friendly vehicles. Achieving high turbocharger efficiency and durability while complying with stringent emission norms is a significant hurdle. There is a need to address consumer preferences for turbocharged engines, as well as educating the market on their benefits. Balancing cost-effective production with advanced technology and materials is another challenge.
The India Automotive Turbocharger Market faced challenges as vehicle production and sales were impacted by the pandemic. However, as the automotive industry focuses on downsizing engines and improving fuel efficiency, the market is expected to rebound due to the demand for turbocharging technology.
Major players in the India automotive turbocharger market include Honeywell International, BorgWarner, Cummins Turbo Technologies, and Garrett Motion.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Turbocharger Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Turbocharger Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Turbocharger Market - Industry Life Cycle |
3.4 India Automotive Turbocharger Market - Porter's Five Forces |
3.5 India Automotive Turbocharger Market Revenues & Volume Share, By Technology , 2021 & 2031F |
3.6 India Automotive Turbocharger Market Revenues & Volume Share, By Material , 2021 & 2031F |
3.7 India Automotive Turbocharger Market Revenues & Volume Share, By Engine Type , 2021 & 2031F |
3.8 India Automotive Turbocharger Market Revenues & Volume Share, By Operation , 2021 & 2031F |
3.9 India Automotive Turbocharger Market Revenues & Volume Share, By Vehicle , 2021 & 2031F |
3.10 India Automotive Turbocharger Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F |
4 India Automotive Turbocharger Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for fuel-efficient vehicles in India |
4.2.2 Stringent emission regulations driving the adoption of turbochargers |
4.2.3 Growing disposable income leading to a rise in the purchase of vehicles |
4.2.4 Technological advancements in turbocharger design and efficiency |
4.2.5 Shift towards downsized engines in the automotive industry |
4.3 Market Restraints |
4.3.1 High initial cost of turbochargers impacting adoption rates |
4.3.2 Lack of awareness and education among consumers about the benefits of turbochargers |
4.3.3 Maintenance and service requirements of turbochargers adding to the overall cost |
4.3.4 Limited availability of skilled technicians for turbocharger installation and repair |
4.3.5 Potential reliability issues associated with turbocharger use in some vehicle models |
5 India Automotive Turbocharger Market Trends |
6 India Automotive Turbocharger Market, By Types |
6.1 India Automotive Turbocharger Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Turbocharger Market Revenues & Volume, By Technology , 2021-2031F |
6.1.3 India Automotive Turbocharger Market Revenues & Volume, By Twin Turbo, 2021-2031F |
6.1.4 India Automotive Turbocharger Market Revenues & Volume, By Variable Geometry Turbo, 2021-2031F |
6.1.5 India Automotive Turbocharger Market Revenues & Volume, By Wastegate, 2021-2031F |
6.1.6 India Automotive Turbocharger Market Revenues & Volume, By Electric, 2021-2031F |
6.2 India Automotive Turbocharger Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Turbocharger Market Revenues & Volume, By Cast Iron Automotive Turbochargers, 2021-2031F |
6.2.3 India Automotive Turbocharger Market Revenues & Volume, By Aluminum Automotive Turbochargers, 2021-2031F |
6.2.4 India Automotive Turbocharger Market Revenues & Volume, By Others, 2021-2031F |
6.3 India Automotive Turbocharger Market, By Engine Type |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Turbocharger Market Revenues & Volume, By Gasoline Automotive Turbochargers, 2021-2031F |
6.3.3 India Automotive Turbocharger Market Revenues & Volume, By Diesel Automotive Turbochargers, 2021-2031F |
6.3.4 India Automotive Turbocharger Market Revenues & Volume, By Others (Hybrid), 2021-2031F |
6.4 India Automotive Turbocharger Market, By Operation |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Turbocharger Market Revenues & Volume, By Conventional Turbochargers, 2021-2031F |
6.4.3 India Automotive Turbocharger Market Revenues & Volume, By E-Turbochargers, 2021-2031F |
6.5 India Automotive Turbocharger Market, By Vehicle |
6.5.1 Overview and Analysis |
6.5.2 India Automotive Turbocharger Market Revenues & Volume, By Passenger Vehicles, 2021-2031F |
6.5.3 India Automotive Turbocharger Market Revenues & Volume, By Light Commercial Vehicles, 2021-2031F |
6.5.4 India Automotive Turbocharger Market Revenues & Volume, By Trucks, 2021-2031F |
6.5.5 India Automotive Turbocharger Market Revenues & Volume, By Buses & Coaches, 2021-2031F |
6.5.6 India Automotive Turbocharger Market Revenues & Volume, By Off-road Vehicles, 2021-2031F |
6.6 India Automotive Turbocharger Market, By Sales Channel |
6.6.1 Overview and Analysis |
6.6.2 India Automotive Turbocharger Market Revenues & Volume, By OEMs, 2021-2031F |
6.6.3 India Automotive Turbocharger Market Revenues & Volume, By Aftermarket, 2021-2031F |
7 India Automotive Turbocharger Market Import-Export Trade Statistics |
7.1 India Automotive Turbocharger Market Export to Major Countries |
7.2 India Automotive Turbocharger Market Imports from Major Countries |
8 India Automotive Turbocharger Market Key Performance Indicators |
8.1 Average fuel efficiency improvement in vehicles using turbochargers |
8.2 Growth in the number of vehicles equipped with turbochargers |
8.3 Increase in aftermarket sales of turbocharger components |
8.4 Adoption rate of turbochargers in new vehicle models |
8.5 Average lifespan of turbochargers installed in vehicles |
9 India Automotive Turbocharger Market - Opportunity Assessment |
9.1 India Automotive Turbocharger Market Opportunity Assessment, By Technology , 2021 & 2031F |
9.2 India Automotive Turbocharger Market Opportunity Assessment, By Material , 2021 & 2031F |
9.3 India Automotive Turbocharger Market Opportunity Assessment, By Engine Type , 2021 & 2031F |
9.4 India Automotive Turbocharger Market Opportunity Assessment, By Operation , 2021 & 2031F |
9.5 India Automotive Turbocharger Market Opportunity Assessment, By Vehicle , 2021 & 2031F |
9.6 India Automotive Turbocharger Market Opportunity Assessment, By Sales Channel , 2021 & 2031F |
10 India Automotive Turbocharger Market - Competitive Landscape |
10.1 India Automotive Turbocharger Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Turbocharger Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |