Lewes, DE -- (SBWIRE) -- 10/06/2017 -- 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.

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