United Kingdom automotive turbocharger
market is anticipated to grow at a steady CAGR during the forecast period,
2023-2027. The growing adoption of TGDI (Turbocharged Gasoline Direct
Injection) technology and stringent emission norms imposed by leading
authorities are the primary factors driving the demand for United Kingdom
automotive turbocharger market. The rise in efforts by the market players to
increase fuel efficiency in automobiles and the emerging trend of lightweight
automobiles in vehicles is expected to contribute to the market growth. Also,
the high-end investments by the market players to upgrade the performance of
turbochargers are expected to create lucrative growth opportunities for the
market players in the forecast period.
Increased Fuel Efficiency in Automobiles
Drives the Market Growth
Automotive turbochargers are
turbine-driven induction devices that amplify the output and fuel efficiency of
IC engines. The main function of these devices is to direct more fuel into the
combustion chamber in the condition where the vehicle's atmospheric pressure
fails to produce the desired output. Automakers rely on turbochargers to keep
the fossil fuel engines cleaner. There is high demand for automobiles that can
offer higher fuel efficiency in comparison to traditional vehicles, which is
supporting the trend of engine downsizing. Small engines are more efficient and
are becoming common in automobiles as they help lower fuel emissions.
Turbochargers aid the automotive industry in meeting the regulatory rules and
regulations to control the emission of dangerous emissions like carbon dioxide
and other pollutants from automobiles. Turbochargers are fuel-efficient and
cost-effective in nature. The increased focus of automakers on enhancing the
fuel efficiency in automobiles is expected to bolster the United Kingdom
automotive turbocharger market growth over the next five years.
Advantages of Turbochargers Supports the
Market Growth
Turbochargers offer two main advantages
to the drivers that are they are highly efficient and have greater power
density. It is generally connected to the engine to provide it with more power
which allows the small engines to experience greater horsepower and torque than
the normal engine. Turbochargers utilize the engine's hot expelled air to spin
the compressor wheel and take outside air, which also lowers the amount of
waste produced. The turbocharger can be used with both gasoline and
diesel-powered engines, and it can produce greater output at the same engine
capacity. When the engine is fitted with a turbocharger, it is generally
smaller and lighter than the engine without the turbocharger. Turbochargers
produce less pollution as they burn the fuel clean. Turbochargers are
eco-friendly too. Therefore, the growing awareness about the benefits of
turbochargers among the market players is expected to support growth for the
next five years.
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Market Segmentation
United Kingdom automotive turbocharger
market is segmented into vehicle type, engine type, technology type, operation
type, regional distribution, and company. Based on vehicle type, the
market is divided into passenger car, light commercial vehicle (LCV), medium
& heavy commercial vehicle (M&HCV). Based on engine type, the market is
bifurcated into gasoline and diesel. Based on technology type, the market is
divided into wastegate, VGT/VNT, and electric turbocharger. Based on operation
type, the market is divided into conventional turbocharger and e-turbocharger. United
Kingdom automotive turbocharger market is studied in major regions namely London,
East Anglia, Southwest, Southeast, Scotland, East Midlands, Yorkshire &
Humberside.
Market Players
Melett Ltd., Turbo Dynamics Ltd., AET
Engineering Limited (AET), Owen Developments (UK) Limited, Tungaloy
Corporation, Garrett Motion Inc., Continental AG, BorgWarner Inc., Bosch Mahle
Turbosystems GmbH, ABB-Group are the major market players operating in the United
Kingdom automotive turbocharger market.
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Attribute
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Details
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Base Year
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2021
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Historic Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, Volume in Units, and CAGR for 2017-2021
and 2022-2027
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Report coverage
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Revenue forecast, volume forecast, company share, competitive
landscape, growth factors, and trends
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|
Segments covered
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·
Vehicle Type
·
Engine Type
·
Technology Type
·
Operation Type
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Regional scope
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London, East Anglia, Southwest, Southeast, Scotland, East
Midlands, Yorkshire & Humberside
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Key companies profiled
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Melett Ltd., Turbo Dynamics Ltd., AET Engineering Limited
(AET), Owen Developments (UK) Limited, Tungaloy Corporation, Garrett Motion
Inc., Continental AG, BorgWarner Inc., Bosch Mahle Turbosystems GmbH, ABB-Group
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Customization scope
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10% free report customization with purchase. Addition or
alteration to regional & segment scope.
|
|
Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
|
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Delivery Format
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PDF and
Excel through Email (We can also provide the editable version of the report
in PPT/Word format on special request)
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Report Scope:
In this report, United Kingdom automotive
turbocharger market has been segmented into following categories, in addition
to the industry trends which have also been detailed below:
- United Kingdom Automotive Turbocharger Market,
By Vehicle Type:
- Passenger Car
- Light Commercial Vehicle (LCV)
- Medium & Heavy Commercial
Vehicle (M&HCV)
- United Kingdom Automotive Turbocharger Market, By Engine Type:
- United Kingdom Automotive Turbocharger Market, By Technology Type:
- Wastegate
- VGT/VNT
- Electric Turbocharger
- United Kingdom Automotive Turbocharger Market, By Operation Type:
- Conventional Turbocharger
- e-Turbocharger
- United Kingdom Automotive
Turbocharger Market, By Region:
- London
- East Anglia
- Southwest
- Southeast
- Scotland
- East Midlands
- Yorkshire & Humberside
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United Kingdom automotive
turbocharger market.
Available Customizations:
With the given market data, TechSci Research offers customizations
according to a company’s specific needs. The following customization options
are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
United Kingdom automotive
turbocharger market is an upcoming report to be released soon. If you wish an
early delivery of this report or want to confirm the date of release, please
contact us at [email protected]