A new report credits the sales to consumers looking for lower fuel costs, and manufacturers decreasing emissions.
Visiongain's analysis indicates that the global automotive turbocharger market will generate sales of 24.1 million units in 2013, as consumers across the globe seek to lower their fuel expenditure and manufacturers are compelled to decrease vehicle CO2 emissions.
The global automotive turbocharger market is forecast by Visiongain to record promising growth over the next decade, as turbocharged engines are increasingly used to increase fuel efficiency, lower emissions and satisfy consumer demand.
The Visiongain author of Global Automotive Turbocharger Market 2013-2023: Prospects for Passenger Vehicles report comments, "Turbocharged engines are a growth market as they offer opportunities to satisfy consumer needs and also government regulations. The rising price of oil and the current economic climate have made consumers more conscious about fuel efficiency. Modern technologies enable manufacturers to obtain better fuel efficiency and lower emissions from turbocharged engines without sacrificing engine performance."
The report contains 91 tables, charts and graphs that add visual analysis in order to explain developing trends within the automotive turbocharger market. Visiongain provides forecasts for the period 2013-2023 in terms of unit sales (million) for the automotive turbocharger market. The leading 20 national automotive turbocharger markets are forecast and analysed by Visiongain over the period 2013-2023. The report provides profiles of 6 leading companies operating within the market, and also an exclusive interview with a principal turbocharger manufacturer, Honeywell Transportation Systems, providing expert insight alongside Visiongain analysis.