Automotive Turbocharger Market to Hit $24 Billion by 2024: Key Players Are BorgWarner, Federal-Mogul Powertrain, Cummins, Linamar, Honeywell
Automotive turbocharger market from diesel will acquire highest volume share of more than 60% over the forecast timeframe. The diesel vehicles result in high carbon emissions and possess low fuel efficiency. This has resulted in high product demand, positively impacting the segment's growth. Gasoline will witness over 8% CAGR till 2024 owing to shifting focus towards the fuel.
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