Fuel-efficiency regulations are expected to propel the use of turbochargers in close to half of all light vehicles, boosting revenue for the Turbocharger Manufacturing industry. Rising oil prices will also continue to encourage increasing fuel efficiency in engines. As a result, IBISWorld expects industry growth to accelerate greatly. Nonetheless, the industry is likely to remain concentrated between these top global auto component manufacturers, and profit margins are likely to remain high.
This industry manufactures turbochargers. Turbochargers are centrifugal compressors powered by the exhaust-gas turbine in an engine and are predominantly used in automobiles to enhance engine performance. Turbochargers can also enhance the performance of engines in aircraft, motorsport vehicles and commercial boats. The production of superchargers, which are similar to turbochargers but derive their forced induction from mechanical power, is excluded from industry operations.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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