Global Automotive Turbocharger Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

Passenger Cars, Light-Duty Vehicles, and Heavy-Duty Vehicles

By Fuel Type;

Diesel, Gasoline, and CNG/Alternate Fuels

By Technology;

VNT/VGT, Wastegate, Electric, Twin-Turbo, and Free-Floating

By Material;

Cast Iron and Aluminum

By Component;

Turbine, Compressor, and Housing

By Application;

Agricultural Tractors and Construction Equipment

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn131724841 Published Date: May, 2025 Updated Date: June, 2025

Automotive Turbocharger Market Overview

Automotive Turbocharger Market (USD Million)

Automotive Turbocharger Market was valued at USD 16,459.05 million in the year 2024. The size of this market is expected to increase to USD 33,742.94 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.8%.


Global Automotive Turbocharger Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 10.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)10.8 %
Market Size (2024)USD 16,459.05 Million
Market Size (2031)USD 33,742.94 Million
Market ConcentrationLow
Report Pages334
16,459.05
2024
33,742.94
2031

Major Players

  • Honeywell
  • Continental AG
  • Borgwarner
  • Mitsubishi Heavy Industries
  • IHI
  • Bmts Technology
  • Cummins
  • ABB
  • TEL
  • Delphi Technologies.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Automotive Turbocharger Market

Fragmented - Highly competitive market without dominant players


The Automotive Turbocharger Market is expanding steadily, driven by the industry's push for engine efficiency and compact powertrains. Turbochargers help increase output without increasing engine size, and about 55% of newly produced vehicles feature this technology, reflecting a transition toward performance-focused efficiency.

Technological Progress in Turbo Systems
Innovations in turbocharger components are reshaping vehicle powertrains with smarter, more adaptable designs. Technologies like electric-assist turbos and variable geometry systems are now part of over 40% of modern turbo units, enhancing engine responsiveness and reliability.

Boost from Emission Reduction Standards
Turbochargers are increasingly critical in meeting tight emission norms, as they improve combustion effectiveness and lower pollutants. Currently, more than 60% of emission-conscious automobiles employ turbo systems, aligning with evolving green mobility regulations.

Synergy with Electrified Drivetrains
The adoption of turbochargers in hybrid vehicles is on the rise, combining performance and sustainability. This trend now represents nearly 35% of hybrid powertrains, helping manufacturers meet efficiency targets without sacrificing driving dynamics.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Fuel Type

    3. Market Snapshot, By Technology

    4. Market Snapshot, By Material
    5. Market Snapshot, By Component
    6. Market Snapshot, By Application
    7. Market Snapshot, By Region
  4. Automotive Turbocharger Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Emission Reduction Pressures

        2. Engine Downsizing Trend

        3. Demand for Fuel Efficiency

      2. Restraints
        1. High Initial Costs

        2. Durability and Reliability Concerns

        3. Regulatory Uncertainty

      3. Opportunities
        1. Shift towards Electric Turbochargers

        2. Penetration in Emerging Markets

        3. Technological Advancements in Materials and Design

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Automotive Turbocharger Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Light-Duty Vehicles
      3. Heavy-Duty vehicles
    2. Automotive Turbocharger Market, By Fuel Type, 2021 - 2031 (USD Million)
      1. Diesel
      2. Gasoline
      3. CNG/Alternate fuels
    3. Automotive Turbocharger Market, By Technology, 2021 - 2031 (USD Million)
      1. VNT/VGT
      2. Wastegate
      3. Electric
      4. Twin-turbo
      5. Free-floating
    4. Automotive Turbocharger Market, By Material, 2021 - 2031 (USD Million)
      1. Cast iron
      2. Aluminum
    5. Automotive Turbocharger Market, By Component, 2021 - 2031 (USD Million)
      1. Turbine
      2. Compressor
      3. Housing.
    6. Automotive Turbocharger Market, By Application, 2021 - 2031 (USD Million)
      1. Agricultural tractors
      2. Construction equipment
    7. Automotive Turbocharger Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Honeywell
      2. Continental AG
      3. Borgwarner
      4. Mitsubishi Heavy Industries
      5. IHI
      6. Bmts Technology
      7. Cummins
      8. ABB
      9. TEL
      10. Delphi Technologies
  7. Analyst Views
  8. Future Outlook of the Market