Europe Turbocharger Market Is Estimated to Reach $7,956.2 Million in 2019 - A Report by MicroMarket Monitor

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The Europe turbocharger market is estimated to grow at a CAGR of 10.3% from 2014 to 2019.

MicroMarket Monitor

MicroMarket Monitor

Key players in Europe Turbocharger Market include BorgWarner, Honeywell, and Continental.

The Europe Turbocharger market report analyzes and studies the major market drivers, restraints, opportunities, and challenges in Europe.

Browse through the TOC of Europe Turbocharger Market for an analysis of industry trends, segments and forecasts.

This report studies the Europe Turbocharger market for the forecast period from 2014 to 2019. The market is expected to reach $7,956.2 million by 2019, at CAGR of 10.3% from 2014 to 2019.

The Europe Turbocharger market is classified on the basis of vehicle type, fuel type, and country. The vehicle segment is further categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. The fuel segment is classified into diesel and gasoline turbochargers. Countries taken into consideration include Germany, France, the U.K., Spain, Italy, and Turkey.

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In 2014, Germany held the largest share in the Europe Turbocharger market, followed by France and the U.K. According to type, diesel turbochargers accounted for the maximum share in 2014, followed by gasoline turbochargers.

Currently, Europe is the leader in turbocharger production by volume, followed by Asia-Pacific and North America.On the other hand, factors such as the high cost associated with turbochargers and the increasing trend of battery-operated vehicles are restricting the growth of this market.

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However, increasing governmental norms on pollution offer new growth opportunities to the market players of turbochargers. BorgWarner, Honeywell, and Continental are the major players in the Europe turbocharger market.

Related Report:

North America Turbocharger Market
The automotive turbocharger market in North America will grow at a CAGR of 11% during 2013 and 2018 generating revenue of $2.46 billion by 2018. North America accounts for nearly half of the automotive turbocharger market volume.

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MicroMarket Monitor produces exclusive market research reports, based on real-time data to provide better understanding of the dynamic market conditions of the Automotive Industry. The reports offer in-depth and complete analysis of the regional and country level marketplaces. The research reports for Automotive Industry are updated on quarterly basis and are easily available for purchase through annual subscriptions.

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MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

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