Dear valued customers, We would like to inform you that our company's May Day holiday schedule is as follows: Holiday: May 1-5, 2024 Still working on April 28 and May 11, 2024 We apologize for any inconvenience this may cause and appreciate your understanding. During this period, there will be...
By technology, the turbocharger market has been categorized into twin-turbo technology, waste-gate technology, and variable geometry technology (VGT). By application, turbochargers find application in light commercial vehicles, heavy commercial vehicles, ships & aircrafts, heavy duty vehicles, and locomotives. By industry vertical, the turbocharger market has been categorized into aerospace & defense, automotive, marine and agriculture & construction. By fuel type, it is segmented into gasoline and diesel. Cast Iron and Aluminum are different types of materials used for turbochargers. By end-user, the turbocharger market has been categorized into original equipment manufacturers (OEMs) and aftermarket players.
The Chinese Turbocharger Exported market was valued at $3897391 million in 2019, and is to reach $4144168 million by 2021, registering a CAGR of 3.12% from 2019 to 2021.
However, due to the positive outlook of the world automotive industry, the demand for turbochargers will continue to grow in the coming years, as these superchargers ensure optimum engine performance and higher fuel efficiency.