Automotive Turbocharger Market: Market Development, Overview and Forecast upto  2018 - 2026

-
A comprehensive market report, prepared by Transparency Market Research (TMR), has been published and is titles as Automotive Turbocharger Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018-2026”. And, as per analysts who worked on the report, the market will chart a decent CAGR (Compound Annual Growth Rate) of over 5% over the forecast period. Thant means a deluge of opportunities is on its way to the market players, ready to be tapped into.
automotive-turbochargers-report.jpg
Stringent Emission Norms Fueling Growth in Global Automotive Turbo Charger Market over the Forecast Period
Some of the significant drivers of growth in the global automotive turbo charger market include emission norms across countries, getting more stringent by the year, and a growing clamor for high power output vehicles. Thus, one notes manufacturers hustling to install vehicles with turbochargers. And, as smaller engines have lower excise duty, players want to downsize, taking on turbo chargers as the perfect solution.
So, in a nutshell, it can safely be said that good fuel economy and low emission, coupled in a smaller engine size is the driving force behind the high growth trajectory of the global automotive turbo charger market over the forecast period.
Here, it is pertinent to point out that due to the reasons mentioned above, and the growth that these are set to drive, there is an increase in investment in R&D (Research and Development) noted. A number of players are also focusing on expansion of R&D. And, thus it does not come as a surprise that the market is flanked with presence of innovative products such as e-turbo chargers. These are considered to revolutionize the market landscape over the coming years.

Comments

Post a Comment

Popular posts from this blog

Innovation and Advancements to Become Grounds for Competition between Terahertz Components and Systems Manufacturers

-
With the growing involvement of international players in the market for  terahertz components and systems , the degree of competition has increased significantly, finds TMR. The leading companies, namely, Advantest Corp, TeraView, Bruker Corp, NEC Corp, Menlo Systems GmbH, and Techcomp Group Ltd., are heavily investing in research and development activities to expand their product portfolios in order to sustain in this competitive environment.  Going forward, the companies are likely to compete on the basis of innovation and advancements. Product pricing will also play a key role in providing the manufacturers an edge over each other. Analysts at Transparency Market Research predict a high degree of competition as well as profitability in this market over the coming years. Get PDF Sample for this Research Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=9119 Increasing Popularity of Terahertz Imaging Solutions Fuels Demand for...
Read more

Dairy Alternatives Market: Rising Adoption from Small and Medium-sized Enterprises to Fuel Growth

-
  The global   dairy alternatives market   size is expected to reach USD 50.87 Billion in 2028 and register a revenue CAGR of 10.5% over the forecast period, according to a latest report by Repoarts and Data. Shifting preference of consumers towards vegan and flexitarian foods, especially in developed countries such as the U.S. and the U.K., is resulting in high consumption of dairy alternatives such as almond milk, soy milk, and rice milk, which in turn, is expected to drive market revenue growth. Food manufacturers are opting for alternative sources of plant-based ingredients in order to meet growing demand from vegans for plant-based milk products. Vegans and vegetarians are actively opting for dairy alternatives due to advantages offered by consuming plant-based alternative beverages over natural dairy milk, which include prevention of lactose intolerance and cow’s milk allergy as these beverages do not contain high calorie, cholesterol, or lactose. Increasing demand ...
Read more

Virtual Private Server Market Expected to Reach US$ 4,453.7 Mn by 2026

-
Image
According to a new market report published by Transparency Market Research, the  global virtual private server market  was valued at US$ 1,104.2 Mnin 2016 and is projected to expand at a compound annual growth rate of 15.4% from 2018 to 2026, reaching US$ 4,453.7 Mn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the virtual private server market in 2016. This is primarily due to strong technological advancement and substantial application of virtual private servers by several end-users such as BFSI and IT & telecom across the region. Request a Sample –  https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=51666 Growing security concerns among enterprises driving the global virtual private server market There is a considerable increase in the number of data breaches which needs to be avoided. VPS provides guaranteed dedicated resources such as RAM, CPU, ban...
Read more