The Latin America, Middle East and Africa Turbocharger Market would witness market growth of 8.7% CAGR during the forecast period (2021-2027).
The surging number of automobiles across various nations of this region is augmenting the demand for turbochargers in the region. Along with that, consumers are encouraged to adopt vehicles with less carbon emission would bolster the usage of turbochargers in the production of various vehicles and hence, surging the regional growth of the turbocharger market in the coming years.
Moreover, the increasing demand for gasoline engines and the development of electric turbochargers would bolster the demand for turbochargers in the region. Turbochargers offer a wide range of benefits like reduction in the size and weight of the engine, which is attracting manufacturers to use these turbochargers in the production of various vehicles and thus, spurring the growth of the regional turbocharger market in the future years.
However, turbochargers offer two major drawbacks in comparison to a conventional aspirated or supercharged engine. One of the drawbacks is heat, since the turbo is fueled by hot exhaust gasses, it becomes very hot. In some engine conditions, the turbocharger begins to glow red, which does not happen in everyday driving situations; although it occurs whenever the engine is exploited to its limits for a constant amount of time. Due to this, certain turbocharged sports cars have vents in the hood or down the side, as it checks the air moving via the engine bay and keeps everything cool.
The Brazil market dominated the LAMEA Wastegate Technology Turbocharger Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $97.4 million by 2027. The Argentina market would witness a CAGR of 9.7% during (2021 - 2027). Additionally, The UAE market is expected to witness a CAGR of 9% during (2021 - 2027).
Based on Fuel Type, the market is segmented into Diesel and Gasoline. Based on Application, the market is segmented into Light Commercial Vehicle, Heavy Commercial Vehicle, Ships & Aircrafts, Agriculture & Construction, and Locomotives. Based on Material, the market is segmented into Aluminium and Cast Iron. Based on Technology, the market is segmented into Twin-turbo Technology, Wastegate Technology and Variable Geometry Technology (VGT). Based on End User, the market is segmented into Original Equipment Manufacturer (OEMs) and Aftermarket. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Turbocharger Market is Predict to reach USD 24.3 Billion by 2027, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Garrett Motion, Inc., BorgWarner, Inc., Cummins, Inc., Mitsubishi Heavy Industries Ltd., Precision Turbo & Engine (Wabtec Corporation), IHI Corporation (Dai-ichi Life), Turbo Dynamics Ltd, Marelli, Magnum Performance Turbos, Inc., and Kompressorenbau Bannewitz GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Fuel Type
By Application
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Ships & Aircrafts
- Agriculture & Construction
- Locomotives
By Material
By Technology
- Twin-turbo Technology
- Wastegate Technology
- Variable Geometry Technology (VGT)
By End User
- Original Equipment Manufacturer (OEMs)
- Aftermarket
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Garrett Motion, Inc.
- BorgWarner, Inc.
- Cummins, Inc.
- Mitsubishi Heavy Industries Ltd.
- Precision Turbo & Engine (Wabtec Corporation)
- IHI Corporation (Dai-ichi Life)
- Turbo Dynamics Ltd
- Marelli
- Magnum Performance Turbos, Inc.
- Kompressorenbau Bannewitz GmbH
TABLE 1 LAMEA Turbocharger Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Turbocharger Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Turbocharger Market
TABLE 4 Product Launches And Product Expansions– Turbocharger Market
TABLE 5 Acquisition and Mergers– Turbocharger Market
TABLE 6 Geographical Expansions– Turbocharger Market
TABLE 7 LAMEA Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 8 LAMEA Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 9 LAMEA Turbocharger Diesel Market by Country, 2017 - 2020, USD Million
TABLE 10 LAMEA Turbocharger Diesel Market by Country, 2021 - 2027, USD Million
TABLE 11 LAMEA Turbocharger Gasoline Market by Country, 2017 - 2020, USD Million
TABLE 12 LAMEA Turbocharger Gasoline Market by Country, 2021 - 2027, USD Million
TABLE 13 LAMEA Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 14 LAMEA Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 15 LAMEA Turbocharger Light Commercial Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 16 LAMEA Turbocharger Light Commercial Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 17 LAMEA Turbocharger Heavy Commercial Vehicle Market by Country, 2017 - 2020, USD Million
TABLE 18 LAMEA Turbocharger Heavy Commercial Vehicle Market by Country, 2021 - 2027, USD Million
TABLE 19 LAMEA Turbocharger Ships & Aircrafts Market by Country, 2017 - 2020, USD Million
TABLE 20 LAMEA Turbocharger Ships & Aircrafts Market by Country, 2021 - 2027, USD Million
TABLE 21 LAMEA Turbocharger Agriculture & Construction Market by Country, 2017 - 2020, USD Million
TABLE 22 LAMEA Turbocharger Agriculture & Construction Market by Country, 2021 - 2027, USD Million
TABLE 23 LAMEA Turbocharger Locomotives Market by Country, 2017 - 2020, USD Million
TABLE 24 LAMEA Turbocharger Locomotives Market by Country, 2021 - 2027, USD Million
TABLE 25 LAMEA Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 26 LAMEA Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 27 LAMEA Aluminium Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 28 LAMEA Aluminium Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 29 LAMEA Cast Iron Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 30 LAMEA Cast Iron Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 31 LAMEA Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 32 LAMEA Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 33 LAMEA Original Equipment Manufacturer (OEMs) Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 34 LAMEA Original Equipment Manufacturer (OEMs) Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 35 LAMEA Aftermarket Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 36 LAMEA Aftermarket Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 37 LAMEA Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 38 LAMEA Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 39 LAMEA Twin-turbo Technology Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 40 LAMEA Twin-turbo Technology Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 41 LAMEA Wastegate Technology Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 42 LAMEA Wastegate Technology Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 43 LAMEA Variable Geometry Technology (VGT) Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 44 LAMEA Variable Geometry Technology (VGT) Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 45 LAMEA Turbocharger Market by Country, 2017 - 2020, USD Million
TABLE 46 LAMEA Turbocharger Market by Country, 2021 - 2027, USD Million
TABLE 47 Brazil Turbocharger Market, 2017 - 2020, USD Million
TABLE 48 Brazil Turbocharger Market, 2021 - 2027, USD Million
TABLE 49 Brazil Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 50 Brazil Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 51 Brazil Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 52 Brazil Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 53 Brazil Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 54 Brazil Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 55 Brazil Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 56 Brazil Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 57 Brazil Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 58 Brazil Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 59 Argentina Turbocharger Market, 2017 - 2020, USD Million
TABLE 60 Argentina Turbocharger Market, 2021 - 2027, USD Million
TABLE 61 Argentina Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 62 Argentina Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 63 Argentina Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 64 Argentina Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 65 Argentina Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 66 Argentina Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 67 Argentina Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 68 Argentina Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 69 Argentina Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 70 Argentina Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 71 UAE Turbocharger Market, 2017 - 2020, USD Million
TABLE 72 UAE Turbocharger Market, 2021 - 2027, USD Million
TABLE 73 UAE Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 74 UAE Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 75 UAE Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 76 UAE Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 77 UAE Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 78 UAE Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 79 UAE Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 80 UAE Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 81 UAE Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 82 UAE Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 83 Saudi Arabia Turbocharger Market, 2017 - 2020, USD Million
TABLE 84 Saudi Arabia Turbocharger Market, 2021 - 2027, USD Million
TABLE 85 Saudi Arabia Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 86 Saudi Arabia Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 87 Saudi Arabia Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 88 Saudi Arabia Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 89 Saudi Arabia Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 90 Saudi Arabia Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 91 Saudi Arabia Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 92 Saudi Arabia Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 93 Saudi Arabia Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 94 Saudi Arabia Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 95 South Africa Turbocharger Market, 2017 - 2020, USD Million
TABLE 96 South Africa Turbocharger Market, 2021 - 2027, USD Million
TABLE 97 South Africa Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 98 South Africa Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 99 South Africa Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 100 South Africa Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 101 South Africa Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 102 South Africa Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 103 South Africa Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 104 South Africa Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 105 South Africa Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 106 South Africa Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 107 Nigeria Turbocharger Market, 2017 - 2020, USD Million
TABLE 108 Nigeria Turbocharger Market, 2021 - 2027, USD Million
TABLE 109 Nigeria Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 110 Nigeria Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 111 Nigeria Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 112 Nigeria Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 113 Nigeria Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 114 Nigeria Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 115 Nigeria Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 116 Nigeria Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 117 Nigeria Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 118 Nigeria Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 119 Rest of LAMEA Turbocharger Market, 2017 - 2020, USD Million
TABLE 120 Rest of LAMEA Turbocharger Market, 2021 - 2027, USD Million
TABLE 121 Rest of LAMEA Turbocharger Market by Fuel Type, 2017 - 2020, USD Million
TABLE 122 Rest of LAMEA Turbocharger Market by Fuel Type, 2021 - 2027, USD Million
TABLE 123 Rest of LAMEA Turbocharger Market by Application, 2017 - 2020, USD Million
TABLE 124 Rest of LAMEA Turbocharger Market by Application, 2021 - 2027, USD Million
TABLE 125 Rest of LAMEA Turbocharger Market by Material, 2017 - 2020, USD Million
TABLE 126 Rest of LAMEA Turbocharger Market by Material, 2021 - 2027, USD Million
TABLE 127 Rest of LAMEA Turbocharger Market by End User, 2017 - 2020, USD Million
TABLE 128 Rest of LAMEA Turbocharger Market by End User, 2021 - 2027, USD Million
TABLE 129 Rest of LAMEA Turbocharger Market by Technology, 2017 - 2020, USD Million
TABLE 130 Rest of LAMEA Turbocharger Market by Technology, 2021 - 2027, USD Million
TABLE 131 Key information – Garrett Motion, Inc.
TABLE 132 Key Information – BorgWarner, Inc.
TABLE 133 Key information – Cummins, Inc.
TABLE 134 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 135 Key information – Precision Turbo & Engine
TABLE 136 Key information – IHI Corporation
TABLE 137 Key information – Turbo Dynamics Ltd
TABLE 138 Key information – Marelli
TABLE 139 Key information – Magnum Performance Turbos, Inc.
TABLE 140 Key information – Kompressorenbau Bannewitz GmbH
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Apr – 2021, Jun) Leading Players
FIG 5 Recent strategies and developments: BorgWarner, Inc.
FIG 6 Recent strategies and developments: Cummins, Inc.
FIG 7 Recent strategies and developments: Marelli