Turbocharger Market (By Technology: Twin-Turbo, Wastegate Technology, Variable Geometry Technology; By Fuel Type: Diesel, Gasoline; By Application: Light Commercial Vehicle, Heavy Commercial Vehicle, Ships & Aircrafts, Agriculture & Construction, Locomotives; By Material: Cast Iron, Aluminum; By End-User: Original Equipment Manufacturer, Aftermarket; By Actuators: Hydraulic, Pneumatic, Electric) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024-2033
The global turbocharger market size was estimated at USD 34.6 billion in 2023 and it is expected to hit around USD 68.84 billion by 2033, growing at a CAGR of 7.11% during the forecast period 2024 to 2033.