South Africa Automotive Turbochargers Market Outlook

the automotive turbochargers market of south africa is expected to record positive growth during the forecast period 2018 to 2032. this growth is expected to be driven by various factors such as the increasing demand for commercial vehicles and passenger cars, and increasing investments in automotive sector. additionally, south africa government’s initiatives for the promotion of research and development in technology and to create an enhanced and more qualitative automotive infrastructure is also anticipated to fuel the demand for turbochargers. the automotive turbocharger industry is set to observe a high value growth in the next few years, with major players not only launching new products but also striving to focuses on the rising demand from the automotive industry. improved engine performance and reduced emission regulations are the key factors driving the increasing demand for turbochargers. some of the established automotive turbochargers industry participants along with the emerging ones are incorporating sustainable methods to fulfill the need of customers across the region. the exponential growth in passenger vehicles and commercial vehicles in south africa will continue during the forecast period as well. also, the growing awareness among consumers towards fuel economy is likely to positively influence the growth of the turbocharger market in the future. moreover, the advancement in the transportation & logistics industry is also estimated to expand the demand for turbochargers in the near future. as for the technological advancements, the existing turbocharger industry participants are increasingly investing in r&d to develop innovative products and thus, maintain their existence in the market. furthermore, the surging focus of vendors on advancements in exhaust gas recirculation (egr) for turbochargers is assumed to project high growth in the global market in the future. moreover, the automaker’s compelling need to reduce the noise, vibration, and harshness (nvh) while manufacturing vehicles is anticipated to fuel the demand for turbochargers in the near future. furthermore, improving global economic conditions and the increasing income levels of the population are also estimated to drive the turbocharger industry in the upcoming years. overall, with the growing demand from the automotive industry in south africa, the south africa automotive turbocharger market is expected to record significant growth during the forecast period, 2018 to 2032.