$22+ Billion Worldwide Automotive Turbocharger Industry to 2026 - Key Drivers and Restraints
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Friday, August 21, 2020
DUBLIN, Aug. 21, 2020 /PRNewswire/ -- The "Global Automotive Turbocharger Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
Key Points:
- DUBLIN, Aug. 21, 2020 /PRNewswire/ -- The "Global Automotive Turbocharger Market Analysis 2020" report has been added to ResearchAndMarkets.com's offering.
- The Global Automotive Turbocharger market is expected to reach $22.88 billion by 2026 growing at a CAGR of 12.5% from 2019 to 2026.
- Automotive turbochargers are turbine-driven forced induction devices that increase the internal combustion (IC) engines efficiency and energy output, by sending extra compressed-air into the combustion chamber.
- Turbochargers are weighed as a viable commodity by car manufacturers which are relied upon for keeping fossil fuel engines cleaner.