Global Automotive Turbochargers Market Outlook

global automotive turbochargers market is projected to witness significant growth due to the rising demand for improved fuel efficiency and greater power output. turbochargers are forced induction systems, which draw air into the engine and compress it to increase engine power and efficiency by increasing the amount of air in the combustion chamber. therefore, turbochargers are widely accepted in the global automotive industry as an efficient and cost effective solution for increasing the power output of gasoline and diesel engines. the primary factor fueling the growth of the global automotive turbochargers market is the increasing demand for smaller, more efficient engines in passenger cars. additionally, the continuous efforts of automobile manufacturers to meet specific emission standards necessitate the production of efficient turbocharged engines for better engine performance and fuel economy. moreover, the rising demand for diesel and gasoline powered cars in developing nations is further projected to augment the automotive turbochargers market. general motors, volkswagen, honda and other large manufacturers are continuously focusing on engine downsizing technology, which is expected to positively influence the global automotive turbochargers market over the forecast period. this is mainly due to the fact that these companies are investing heavily on improving turbocharger technologies to achieve larger engine power output with minimal additional weight and costs. however, numerous technical issues related to turbocharged engines, such as turbo-lag, high installation costs, and noise generated by the turbocharger compressor, are challenging the growth of the global automotive turbochargers market. thus, majority of manufacturers are focusing on developing new turbocharging technologies that provide improved performance with minimal cost. additionally, key market players are focusing on utilizing turbocharger components such as low pressure exhaust gas recirculation (lpegr) and boost pressure control systems for better engine performance. overall, the global automotive turbochargers market is expected to experience strong growth over the forecast period due to increasing demand for automotives with greater performance and improved fuel efficiency. key market players are expected to focus on development and introduction of advanced turbocharging technology to meet the future requirements of the automotive industry.