Report forecast the global automotive
refurbished turbochargers market to grow at a CAGR of 5.82% during the period
2017-2021.
A turbocharger goes for refurbishing or
remanufacturing in the case of wear down of the turbocharger as refurbished
turbochargers are inexpensive as compared to the complete replacement of the
turbocharger. Currently, most of the diesel engines are equipped with
turbochargers, whereas, in gasoline engines, most of the vehicles equipped with
direct injection technology are equipped with turbochargers. Direct injection
technology in conjunction with turbochargers plays a crucial role in downsizing
the engine without compromising the power output.
The report covers the present scenario and
the growth prospects of the global automotive refurbished turbochargers market
for 2017-2021. The report presents a detailed picture of the market by way of
study, synthesis, and summation of data from multiple sources.
The
market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
According to the report, one of the major
drivers for this market is Lower cost of refurbished turbochargers. Consumers
are preferring refurbished or remanufactured turbochargers rather than going
for complete replacement of the turbochargers in the case of wear down due to
the lower cost associated with the refurbished turbochargers. There are several
benefits associated with the refurbished turbochargers. environmental benefit
and economic benefit.
Further, the report states that one of the
major factors hindering the growth of this market is Switching cost from port
injection technology to direct injection technology. Most of the direct
injection vehicles are equipped with a turbocharger to enhance the fuel
efficiency of the vehicle. But OEMs are refraining themselves from switching to
direct injection technology owing to the high cost associated with the
transition. As compared to direct injection, the port injection system is
cheaper to manufacture since the injectors are not exposed to the high pressure
of the combustion chamber.
Global
Automotive Refurbished Turbochargers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs
from industry experts. The report covers the market landscape and its growth
prospects over the coming years. The report also includes a discussion of the
key vendors operating in this market.
key players in the global automotive
refurbished turbochargers market: BorgWarner, Honeywell, and IHI.
Other Prominent Vendors in the market are:
Delphi Automotive, Cummins, Detroit Diesel Corporation, BTN Turbo, and
Precision Turbo and Engine.
Market
driver
- Lower cost of refurbished turbochargers
- For a full, detailed list, view our report
Market
challenge
- Switching cost from port injection technology to direct injection technology
- For a full, detailed list, view our report
Market
trend
- Increased adoption of electric turbochargers
- For a full, detailed list, view our report
Key
questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Spanning over 78 pages “Global
Automotive Refurbished Turbochargers Market 2017 - 2021” report
covers Executive summary, Introduction, Scope of the report, Research
Methodology, Market landscape, Market segmentation by application, Geographical
segmentation, Decision framework, Drivers and challenges, Market trends, Vendor
landscape, Key vendor analysis, Appendix.
Please visit this link for more details: http://mrr.cm/UVG
For related reports please visit: Turbocharger Market Research Reports
Find all Automotive Reports
at: https://www.marketresearchreports.com/automotive
No comments:
Post a Comment