Automotive Turbocharger Market worth USD 22.9 billion by 2030 - Exclusive Report by MarketsandMarkets™ [Yahoo! Finance]
BorgWarner Inc. (BWA)
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with a CAGR of 7.1%, according to a new report by MarketsandMarkets™. The automotive turbocharger market growth is attributed to the growing demand for fuel-efficient engines without compromising performance. Stringent emission standards worldwide are pushing automakers to adopt turbocharging technology. The demand for E-turbochargers will also grow as they offer a solution to eliminating turbo lag while providing additional performance advantages. When applied to diesel engines, these E-turbos could reduce NOx emissions by up to 20%. Also, an increase in the stringency of emission limits in gasoline-powered vehicles will fuel the demand for gasoline turbochargers in the coming years. Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=919 Browse in-depth TOC on " Automotive Turbocharger Market 362 - Tables 64 - Figures 330 - Pages Automotive Turbocharger Market Scope: Report Coverage Details Market Size USD 22.9 billion by 2030 Growth
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- 4/26/24 - Form 4
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