The global automotive turbocharger market size was USD 8.20 billion in 2018 and is projected to reach USD 10.10 billion by 2026, exhibiting a CAGR of 2.89% during the forecast period.
To know the impact of COVID-19 ON Automotive Turbocharger Market
Turbochargers are considered to be a vital automotive component in today’s time as they increase the efficiency of the engine. The System uses exhaust gas from the engine during the combustion to drive the turbine. This turbine drives the compressor wheel with the help of a shaft. The compressor wheel draws the outside air, compresses it, and sends the compressed air to the engine. This compressed-air burns the fuel more efficiently for greater power and saves fuel.
The automotive turbochargers mainly consist of three types, namely, variable geometry turbocharger, wastegate turbocharger, and electric turbochargers. Engine downsizing has become the most lucrative aspect in the automotive industry. The