Automotive Turbochargers Market Report 2026

The automotive turbochargers market size has grown strongly in recent years. It will grow from $16.47 billion in 2025 to $17.75 billion in 2026 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to emission regulations, fuel efficiency mandates, diesel engine penetration, performance optimization needs, engine downsizing.

The automotive turbochargers market size is expected to see strong growth in the next few years. It will grow to $24 billion in 2030 at a compound annual growth rate (CAGR) of 7.8%. The growth in the forecast period can be attributed to trend toward hybrid powertrains, stricter emission standards, electrified turbochargers adoption, demand for high power density, smart engine management. Major trends in the forecast period include adoption of variable geometry turbochargers, growth of downsized engines, demand for high-efficiency boosting systems, expansion of turbochargers in gasoline engines, integration with engine electronics.

The rising demand for passenger cars is expected to drive the growth of the automotive turbocharger market in the coming years. Turbocharged engines provide higher power density and fuel efficiency while delivering increased horsepower and torque. Factors such as rising purchasing power, low-interest rates in developing economies, and a growing preference for personal mobility are boosting passenger car sales, which in turn fuels demand for automotive turbochargers. For instance, in January 2024, the European Automobile Manufacturers Association, a Belgium-based automotive industry body, reported that the EU car market grew by 13.9% in 2023 compared to 2022, reaching total annual sales of 10.5 million vehicles. Therefore, the growing demand for passenger cars is supporting the expansion of the automotive turbocharger market.

The increasing focus on fuel efficiency is also expected to propel the growth of the automotive turbocharger market. Fuel efficiency refers to a vehicle’s ability to utilize fuel effectively, achieving optimal performance per unit of fuel consumed. Automotive turbochargers enhance fuel efficiency by using exhaust gases to boost engine power, allowing smaller engines to deliver higher performance with lower fuel consumption. For example, in March 2024, the International Energy Agency, a France-based intergovernmental organization, reported that updated standards targeted an annual fuel-efficiency improvement of 8% for model years 2024-2025 and 10% for model year 2026. Therefore, the rising demand for fuel efficiency is driving the market growth of automotive turbochargers.

Leading companies in the automotive turbocharger market are prioritizing the development of technologically advanced products, such as twin turbochargers, to enhance engine performance, improve fuel efficiency, and reduce emissions. Twin turbochargers consist of two separate turbocharging units used in an internal combustion engine to increase air intake and boost performance, leading to enhanced power output and efficiency by minimizing turbo lag and maximizing airflow across the engine's operating range. For example, in September 2024, BorgWarner, a US-based company that designs and manufactures systems for the transportation industry, introduced turbochargers for the Chevrolet Corvette ZR1. This turbocharger is notable for being the largest passenger car turbocharger in the world, specifically designed for GM's 5.5-liter flat-plane crankshaft V8 engine in the Corvette ZR1, delivering an impressive 1,064 hp and 828 lb-ft (1,122 Nm) of torque. The turbocharger features a 76mm forged milled compressor wheel with a ported shroud and a 67mm turbine wheel housed within a mono-scroll turbine design for optimal efficiency. Additionally, it incorporates an exhaust manifold with equal-length runners to enhance both engine performance and sound. BorgWarner's expertise in the NTT IndyCar Series influenced GM's choice to utilize its twin ball-bearing turbochargers.

Major companies operating in the automotive turbochargers market report include Honeywell International Inc., BorgWarner Automotive Inc., Mitsubishi Heavy Industries Ltd., IHI Corporation, Bosch Mahle GmbH, Cummins Inc., Delphi Technologies, Precision Turbo & Engine Inc., Turbonetics Inc., Turbo International Inc., ABB Asea Brown Boveri Ltd., Turbo Energy Private Limited, Rotomaster International Inc., Fuyuan Turbocharger Co. Ltd., Hunan Tyen Machinery Co. Ltd., Magnum Performance Turbos Inc., Mahle GmbH, Napier Turbochargers Ltd., Turbotech Pvt. Ltd., Aeristech Ltd., Melet Turbo, Aerocharger Ballistics, Turbosmart Pty Ltd.

Western Europe was the largest region in the automotive turbocharger market in 2025.Asia-Pacific is expected to be the fastest growing region in the forecast period. The regions covered in the automotive turbochargers market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the automotive turbochargers market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The automotive turbocharger market of sales of single-turbo, twin-turbo, twin-scroll turbo, variable geometry turbo, variable twin scroll turbo, and electric turbo. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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