Automotive Turbochargers Sales

Automotive Turbochargers Sales Market Outlook

The global automotive turbochargers market was valued at approximately USD 16 billion in 2023 and is anticipated to grow at a compound annual growth rate (CAGR) of around 8.2% from 2024 to 2033. This robust growth is driven by several factors, including heightened demand for fuel-efficient and high-performance vehicles, alongside stringent government regulations aimed at reducing emissions. Additionally, the rising popularity of turbocharged engines for enhanced performance and efficiency is propelling market expansion. The automotive sector's increasing focus on integrating advanced technologies in vehicles, such as hybrid and electric drivetrains, is also facilitating the demand for innovative turbocharger solutions. Furthermore, the growing trend of downsizing engines while maintaining power output is further fueling the turbocharger market's growth trajectory.

Growth Factor of the Market

The automotive turbochargers market is significantly propelled by the accelerating shift towards fuel efficiency and performance enhancement in vehicles across the globe. Turbochargers play a crucial role in improving engine efficiency by utilizing exhaust gases to boost engine power without increasing the engine size, resulting in lower carbon emissions and better fuel economy. Furthermore, the increasing vehicle production, owing to the rising middle-class population in emerging economies, is creating substantial demand for turbocharged vehicles. In addition, the emphasis on reducing greenhouse gas emissions in compliance with regulatory standards is driving automotive manufacturers to adopt turbocharger technologies as they contribute towards meeting these targets. The technological advancements in turbocharger design, such as variable geometry and electric turbochargers, are also significant growth factors, as these innovations enhance engine performance and efficiency. Lastly, the growing trend of performance-oriented vehicles is further supporting market growth, leading to an increased uptake of turbochargers in various automotive applications.

Key Highlights of the Market

• The market is projected to reach USD 28 billion by 2033.
• Turbochargers are expected to be adopted in more than 70% of new vehicles by 2025.
• Innovations in turbocharger technology are leading to improvements in efficiency and performance.
• The Asia Pacific region is anticipated to dominate the market, accounting for approximately 40% of total sales.
• Growing demand for electric turbochargers is expected to significantly reshape the market landscape.

By Product Type

Gasoline Turbochargers:

Gasoline turbochargers are designed to enhance the performance of gasoline engines by increasing their power output without significantly increasing engine size. These turbochargers utilize exhaust gases to spin a turbine, which compresses the intake air, allowing more air and fuel to enter the engine, thus improving combustion efficiency. This type of turbocharger is particularly popular in passenger vehicles, where consumers demand a balance of power and fuel efficiency. The gasoline turbocharger market is witnessing robust growth due to the increasing trend of engine downsizing and the rising adoption of turbocharged engines in mid-range and premium vehicles. Furthermore, advancements in turbocharger technology, such as twin-scroll designs and variable geometry mechanisms, are contributing to the enhanced performance and efficiency of gasoline engines, solidifying their position in the automotive turbocharger market.

Diesel Turbochargers:

Diesel turbochargers are widely utilized in diesel engines to enhance power output and efficiency while reducing emissions. These turbochargers are essential for achieving optimal performance in commercial vehicles, heavy machinery, and some passenger vehicles. Diesel engines inherently have a higher thermal efficiency compared to gasoline engines, and the addition of a turbocharger allows for a significant increase in power without a corresponding increase in engine displacement. The diesel turbocharger segment is experiencing strong growth, driven by the increasing demand for heavy-duty vehicles and the need for improved fuel economy and emission standards in the automotive industry. Additionally, advancements in turbocharger designs, such as variable geometry turbochargers, are enabling better performance and responsiveness in diesel engines, further enhancing their appeal in the market.

Electric Turbochargers:

Electric turbochargers represent an innovative advancement in turbocharger technology, utilizing electric motors to assist in boosting engine power. Unlike conventional turbochargers that rely solely on exhaust gases, electric turbochargers can deliver immediate power boost, significantly reducing turbo lag and enhancing engine responsiveness. This technology is particularly beneficial for hybrid and electric vehicles, where the integration of electric turbochargers can maximize efficiency and performance. The electric turbocharger market is projected to grow rapidly, driven by the increasing emphasis on alternative powertrains and electrification in the automotive sector. As automakers strive to meet stringent emissions regulations while enhancing vehicle performance, electric turbochargers are becoming a critical component of modern engine designs.

Twin-scroll Turbochargers:

Twin-scroll turbochargers are designed to improve the efficiency and performance of internal combustion engines by separating the exhaust gas flow into two scrolls. This design minimizes turbo lag and allows for quicker spool-up times, leading to a more responsive engine performance. Twin-scroll turbochargers are gaining popularity in high-performance vehicles and are being increasingly adopted in mainstream passenger cars due to their ability to provide a balance of performance and fuel efficiency. The market for twin-scroll turbochargers is expected to grow as consumers demand more power and efficiency from their vehicles, and as manufacturers seek to integrate advanced technologies into their engine designs to meet regulatory requirements.

Variable Geometry Turbochargers:

Variable geometry turbochargers (VGT) feature adjustable vanes that optimize the flow of exhaust gases to the turbine, allowing for better performance across various engine speeds. This technology enables the turbocharger to provide high boost pressure at low engine speeds while maintaining efficiency at higher speeds, making it a popular choice for modern diesel engines and performance-oriented gasoline engines. The demand for VGTs is increasing as automakers seek to enhance engine performance and efficiency without compromising emissions standards. The variable geometry turbocharger market is poised for growth, driven by advancements in turbocharger technologies and the increasing adoption of turbocharged engines in various vehicle segments.

By Application

Passenger Cars:

Passenger cars are the largest segment for automotive turbochargers, as manufacturers increasingly adopt turbocharged engines to enhance performance while meeting stringent fuel economy and emission regulations. Turbochargers allow for smaller engine sizes with improved power output, providing drivers with a more dynamic driving experience without sacrificing fuel efficiency. The growing consumer preference for high-performance vehicles and the rising trend of engine downsizing are expected to drive the demand for turbochargers in the passenger car segment. Furthermore, advancements in turbocharger technology, such as the development of electric and variable geometry turbochargers, are also contributing to the growth of this segment as they offer enhanced responsiveness and efficiency.

Commercial Vehicles:

Commercial vehicles, including trucks, buses, and vans, represent a significant application segment for automotive turbochargers. The need for enhanced power, torque, and fuel efficiency in commercial vehicles drives the adoption of turbocharged engines. Turbochargers improve the performance of diesel engines, which are commonly used in heavy-duty applications, by providing increased power output without a corresponding increase in engine size. The growing demand for logistics and transportation services, coupled with stricter emissions regulations for commercial vehicles, is expected to bolster the turbocharger market in this segment. Moreover, advancements in turbocharger design and technology are supporting the trend towards more efficient and powerful commercial vehicles.

Racing Cars:

Racing cars require high-performance engines capable of delivering exceptional speed and acceleration, making turbochargers a crucial component in this application. Turbochargers can significantly enhance engine performance by providing additional power output, allowing racing cars to achieve higher speeds and improved lap times. The racing car segment of the turbocharger market is driven by the continuous quest for speed and performance enhancements in motorsport. Manufacturers are increasingly adopting advanced turbocharger designs to meet the demands of competitive racing, ensuring that their vehicles can deliver optimal performance on the track. As motorsport events continue to gain popularity, the demand for high-performance turbocharged engines in racing applications is expected to grow.

Off-highway Vehicles:

Off-highway vehicles, including agricultural machinery, construction equipment, and mining vehicles, are increasingly adopting turbochargers to enhance engine performance and efficiency. Turbochargers provide significant benefits in terms of power output and fuel efficiency, making them ideal for heavy-duty applications where high torque and power are essential. The off-highway vehicle segment is experiencing growth driven by increasing infrastructure development and the need for efficient machinery in various sectors. Additionally, stricter emissions regulations are encouraging manufacturers to integrate turbochargers into their engines to meet performance and environmental standards. Consequently, the demand for turbochargers in off-highway applications is projected to rise.

Marine:

The marine application of turbochargers encompasses a wide range of vessels, including commercial shipping, yachts, and fishing boats. Turbochargers are essential for improving the fuel efficiency and performance of marine engines, allowing vessels to operate more efficiently over long distances. The marine turbocharger market is influenced by factors such as the increasing demand for fuel-efficient marine solutions and the need to comply with stringent emissions regulations imposed on the shipping industry. As shipping and maritime activities continue to grow globally, the demand for turbochargers in marine applications is expected to progress, driven by the need for enhanced performance and reduced environmental impact.

By Distribution Channel

OEMs:

The original equipment manufacturers (OEMs) segment is a critical distribution channel for automotive turbochargers, as they supply turbocharger systems as part of the vehicle's production. The OEM segment is poised for significant growth due to the increasing integration of turbocharged engines in new vehicles, driven by both consumer demand and regulatory pressures for improved fuel efficiency and reduced emissions. Manufacturers are increasingly focusing on incorporating advanced turbocharger technologies in their vehicle offerings to enhance performance and meet compliance standards. As the automotive industry continues to innovate, the demand for OEM turbochargers is expected to rise substantially, reflecting the overall growth of the automotive turbocharger market.

Aftermarket:

The aftermarket segment for automotive turbochargers is also gaining traction, as vehicle owners seek to enhance their existing vehicles' performance and efficiency. The aftermarket offers a broad range of turbocharger options, allowing consumers to upgrade their vehicles with high-performance components. This segment benefits from the growing trend of vehicle customization and the increasing popularity of turbocharged engines in the aftermarket space. Additionally, the rise of performance-oriented enthusiasts and the accessibility of turbocharger technology are driving demand in the aftermarket segment. As consumers become more knowledgeable about the benefits of turbochargers, the aftermarket for turbocharger installations and replacements is projected to grow significantly.

By Material Type

Cast Iron:

Cast iron is one of the most commonly used materials for manufacturing turbocharger housings due to its excellent thermal resistance and durability. It provides the necessary strength to withstand high temperatures and pressures generated during engine operation. Cast iron turbochargers are favored for their cost-effectiveness and reliable performance, making them a popular choice in both OEM and aftermarket applications. As the demand for durable and efficient turbocharger solutions grows, the cast iron segment is expected to maintain a strong presence in the automotive turbocharger market.

Aluminum:

Aluminum is increasingly being utilized in turbocharger manufacturing due to its lightweight properties and ability to dissipate heat effectively. Aluminum turbochargers can help reduce overall vehicle weight, contributing to improved fuel efficiency and performance. This material is particularly popular in high-performance applications, where weight reduction is a critical factor. The growing trend of weight-saving initiatives in automotive design is expected to drive the demand for aluminum turbochargers, bolstering the market's growth in this material segment.

Stainless Steel:

Stainless steel is utilized in turbocharger components due to its excellent corrosion resistance and strength at high temperatures. This material is particularly critical for exhaust manifolds and turbines, where thermal stress can lead to degradation over time. The use of stainless steel in turbochargers ensures longevity and reliability, making it a preferred choice among manufacturers. As the automotive industry continues to focus on durability and performance, the demand for stainless steel turbocharger components is expected to increase.

Titanium:

Titanium turbochargers are gaining popularity in high-performance and racing applications due to their exceptional strength-to-weight ratio and ability to withstand extreme temperatures. While they are more expensive than other materials, the performance benefits and reduced weight make them an attractive option for performance-oriented vehicles. The titanium segment is expected to see growth as more manufacturers seek to incorporate lightweight and high-strength materials into their turbocharger designs to enhance performance and efficiency.

Nickel Alloys:

Nickel alloys are employed in high-performance turbochargers due to their excellent resistance to heat and corrosion. These materials can sustain high temperatures without compromising structural integrity, making them ideal for turbine components in turbochargers. As the automotive industry continues to innovate and push the boundaries of engine performance, the demand for turbochargers made from nickel alloys is anticipated to rise, particularly in applications where extreme operating conditions are present.

By Region

The automotive turbochargers market is witnessing varying growth patterns across different regions, driven by regional automotive production trends and technological advancements. North America holds a significant share of the global turbocharger market, with the presence of major automotive manufacturers and a strong inclination towards high-performance vehicles. The region is expected to witness a CAGR of approximately 7.5% due to the rising demand for fuel-efficient and performance-oriented vehicles. Furthermore, the adoption of turbochargers in light-duty vehicles, particularly in the United States, is anticipated to contribute to market growth in this region.

In Europe, the automotive turbocharger market is experiencing substantial growth driven by stringent environmental regulations promoting fuel efficiency and reduced emissions. The European market is expected to account for approximately 30% of the global turbocharger sales, with a notable CAGR of 8% projected for the period from 2024 to 2033. The increasing adoption of turbocharged engines in passenger vehicles and commercial fleets is a significant factor contributing to this growth. The Asia Pacific region, on the other hand, is anticipated to dominate the market, accounting for nearly 40% of global sales. The rapid growth of automotive manufacturing in countries like China and India is a key driver for this segment, as well as the rising consumer demand for advanced vehicle technologies.

Opportunities

The automotive turbocharger market presents numerous opportunities for growth and innovation, particularly with the ongoing technological advancements in the automotive industry. One prominent opportunity lies in the development of electric turbochargers, which can enhance engine performance and responsiveness while contributing to fuel efficiency. As hybrid and electric vehicles gain momentum, integrating electric turbochargers could become a standard feature, leading to a surge in demand for this technology. Additionally, the growing trend of turbocharging in small-displacement engines provides an avenue for manufacturers to cater to consumers looking for powerful yet efficient vehicles. As automakers continue to explore ways to meet stringent emissions regulations and consumer preferences for performance, the demand for innovative turbocharger solutions is expected to expand significantly.

Moreover, the increasing focus on sustainability and eco-friendly technologies presents a unique opportunity for the automotive turbocharger market. Manufacturers can capitalize on this shift by investing in research and development to create turbocharger solutions that not only improve engine performance but also align with environmental standards. The rise of electric and hybrid vehicles opens the door for new turbocharger applications that can enhance efficiency while reducing the carbon footprint of automobiles. In addition, as the global automotive market evolves, opportunities exist in emerging markets where the demand for automotive vehicles is on the rise. Investing in these regions can lead to significant market penetration and growth, allowing manufacturers to establish a strong foothold in the rapidly evolving automotive landscape.

Threats

Despite the growth prospects of the automotive turbocharger market, several threats could impede progress. One of the primary threats is the increasing adoption of electric vehicles (EVs) and hybrid technologies, which may reduce the reliance on combustion engines and, consequently, the demand for turbochargers. As governments worldwide push for greener initiatives and incentives for EV adoption, traditional turbocharger manufacturers may find themselves navigating a challenging landscape as the market shifts away from internal combustion engines. Additionally, the volatility in raw material prices, especially for metals like aluminum and titanium, could impact production costs and profitability for turbocharger manufacturers. This volatility creates uncertainty in pricing strategies and may lead to increased competition among manufacturers to maintain market share without compromising quality.

Another significant threat is the rising competition from emerging players in the automotive turbocharger market. With advancements in technology enabling new entrants to develop competitive turbocharger solutions, established manufacturers may face pressure to innovate continuously and maintain their market positions. This competition may lead to price wars, affecting profit margins for key players in the industry. Furthermore, the evolving regulatory environment concerning emissions and fuel economy standards could impose additional challenges for turbocharger manufacturers as they strive to meet compliance requirements while ensuring product performance. Adapting to these regulations may require significant investment in research and development, which could strain resources for some companies in the market.

Competitor Outlook

• BorgWarner Inc.
• Honeywell International Inc.
• Garrett Motion Inc.
• Continental AG
• Mahle GmbH
• Schwitzer (a division of BorgWarner)
• Turbo Energy Pvt. Ltd.
• IHI Corporation
• Mitsubishi Heavy Industries, Ltd.
• Valeo SA
• Cummins Inc.
• Hitachi Automotive Systems, Ltd.
• Delphi Technologies
• KKK Turbocharger (part of BorgWarner)
• Rotomaster International Inc.

The competitive landscape of the automotive turbochargers market is characterized by the presence of several key players who are continually innovating and expanding their product offerings to maintain market share. Companies such as BorgWarner and Honeywell International are leading the market, leveraging their extensive research and development capabilities to introduce advanced turbocharger technologies. These companies are focusing on enhancing the performance and efficiency of their turbochargers while also developing solutions that meet stringent emissions regulations. Strategic partnerships, acquisitions, and collaborations are common strategies adopted by these players to strengthen their position in the market and expand their global reach.

In addition to established players, emerging companies are also entering the automotive turbocharger market, bringing new technologies and competitive pricing to the forefront. Companies such as Garrett Motion and Continental AG are investing heavily in the development of electric and variable geometry turbochargers, which are becoming increasingly popular among automotive manufacturers. The focus on electric vehicle integration and the need for turbocharging solutions that enhance efficiency in alternative powertrains are driving investment and innovation in this segment. The competitive dynamics in the market are continuously evolving, with manufacturers striving to keep pace with technological advancements and changing consumer preferences.

Moreover, geographical expansion is a key strategy for many companies within the turbocharger market. With the growing automotive manufacturing bases in regions such as Asia Pacific and Latin America, major players are establishing production facilities and partnerships in these regions to cater to local demand effectively. For instance, companies like Mahle GmbH and Cummins Inc. are investing in regional facilities to enhance their production capabilities and minimize supply chain disruptions. This regional focus allows these companies to respond quickly to market demands, optimize production costs, and gain a competitive edge in the automotive turbocharger landscape.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Valeo SA
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Mahle GmbH
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Cummins Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Continental AG
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 BorgWarner Inc.
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 IHI Corporation
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 Delphi Technologies
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Garrett Motion Inc.
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Turbo Energy Pvt. Ltd.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Honeywell International Inc.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Rotomaster International Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Hitachi Automotive Systems, Ltd.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Mitsubishi Heavy Industries, Ltd.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Schwitzer (a division of BorgWarner)
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 KKK Turbocharger (part of BorgWarner)
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Automotive Turbochargers Sales Market, By Application
    • 6.1.1 Passenger Cars
    • 6.1.2 Commercial Vehicles
    • 6.1.3 Racing Cars
    • 6.1.4 Off-highway Vehicles
    • 6.1.5 Marine
  • 6.2 Automotive Turbochargers Sales Market, By Product Type
    • 6.2.1 Gasoline Turbochargers
    • 6.2.2 Diesel Turbochargers
    • 6.2.3 Electric Turbochargers
    • 6.2.4 Twin-scroll Turbochargers
    • 6.2.5 Variable Geometry Turbochargers
  • 6.3 Automotive Turbochargers Sales Market, By Material Type
    • 6.3.1 Cast Iron
    • 6.3.2 Aluminum
    • 6.3.3 Stainless Steel
    • 6.3.4 Titanium
    • 6.3.5 Nickel Alloys

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Automotive Turbochargers Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Automotive Turbochargers Sales market is categorized based on

By Product Type

• Gasoline Turbochargers
• Diesel Turbochargers
• Electric Turbochargers
• Twin-scroll Turbochargers
• Variable Geometry Turbochargers

By Application

• Passenger Cars
• Commercial Vehicles
• Racing Cars
• Off-highway Vehicles
• Marine

By Material Type

• Cast Iron
• Aluminum
• Stainless Steel
• Titanium
• Nickel Alloys

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• BorgWarner Inc.
• Honeywell International Inc.
• Garrett Motion Inc.
• Continental AG
• Mahle GmbH
• Schwitzer (a division of BorgWarner)
• Turbo Energy Pvt. Ltd.
• IHI Corporation
• Mitsubishi Heavy Industries, Ltd.
• Valeo SA
• Cummins Inc.
• Hitachi Automotive Systems, Ltd.
• Delphi Technologies
• KKK Turbocharger (part of BorgWarner)
• Rotomaster International Inc.