Automotive Refurbished Turbochargers Market to record USD 975.39 Mn growth; Driven by lower cost of refurbished turbochargers - Technavio

NEW YORK, Nov. 14, 2022 /PRNewswire/ -- The "Automotive Refurbished Turbochargers Market by Application (Passenger cars, LCVs, and M&HCVs) and Geography (APAC, Europe, North America, South America, and Middle East and Africa) - Forecast and Analysis 2022-2026" report has been added to Technavio's offering. With ISO 9001:2015 certification, Technavio is proudly partnering with more than 100 Fortune 500 companies for over 16 years. The potential growth difference for the automotive refurbished turbochargers market between 2021 and 2026 is USD 975.39 million. To get the exact yearly growth variance and the Y-O-Y growth rate. Download a Free PDF Sample Report

Key Market Dynamics:

• Market Driver: The market is driven by the lower cost of refurbished turbochargers when compared to new replacement turbochargers. The cost savings associated with a refurbished turbocharger, when compared to a new replacement turbocharger, vary from 30% to 90%, depending on the vendor. The appearance of refurbished turbochargers is similar to new replacement turbochargers, as refurbished turbochargers are usually stripped down and cleaned, and the faulty parts are replaced by newer ones. Automotive refurbished turbochargers offer environmental benefits as refurbishing includes reusing parts of turbochargers. This helps in energy saving and causes a low impact on the environment. All these factors are driving the growth of the market.
• Market Challenges: The adoption of low-cost counterfeit turbochargers is the major challenge in the market. Counterfeit turbochargers offered by Chinese players cost about one-tenth of those offered by refurbished turbocharger vendors. Hence, price-conscious customers across the world prefer counterfeit turbochargers. However, these products can harm the engine and other parts of vehicles. Prominent vendors use advanced technologies and materials in refurbished turbochargers, which are similar in operation to new turbochargers. They need to create awareness among customers regarding the circulation of counterfeit turbochargers and the benefits of high-quality refurbished turbochargers. These factors will reduce the growth potential in the market. Learn about additional key drivers, trends, and challenges available with Technavio. Read our FREE Sample Report Now

Major Revenue-generating Segment

By application, the market is analyzed across segments such as passenger cars, LCVs, and M&HCVs. The passenger cars segment dominates the global automotive refurbished turbochargers market owing to the high-volume production of passenger cars when compared to CVs. The rising demand for turbochargers in passenger cars to increase power, improve fuel economy, and reduce emissions is also an important factor in the growth of the segment. In addition, stringent regulations on emissions and fuel economy are boosting the adoption of turbochargers in both petrol and diesel engines of passenger cars.

View Our Sample Report for additional insights into the contribution of all the segments and regional opportunities in the market.

Key Vendors Covered

• BBB Industries LLC
• BorgWarner Inc.
• Cardone Industries Inc.
• Cummins Inc.
• Denco Diesel Wagga Pty. Ltd.
• DOMAT Automotive Engineering Ltd.
• Genuine Parts Co.
• Goldfarb and Associates Inc.
• Honeywell International Inc.
• IHI Corp.
• Mercedes Benz Group AG
• Precision Turbo Services
• RAI Amsterdam B.V.
• Standard Motor Products Inc.
• Turbo Dynamics Ltd.
• Turbo Technics Ltd.
• Turbocentras Ltd.
• Westinghouse Air Brake Technologies Corp.
• Zex Toronto
• ZF Friedrichshafen AG

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 17: Five forces analysis - Comparison between 2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry 
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition 
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Application

• 5.1 Market segments 
• Exhibit 24: Chart on Application - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Application - Market share 2021-2026 (%)

• 5.2 Comparison by Application 
• Exhibit 26: Chart on Comparison by Application
• Exhibit 27: Data Table on Comparison by Application

• 5.3 Passenger cars - Market size and forecast 2021-2026
• Exhibit 28: Chart on Passenger cars - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Passenger cars - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Passenger cars - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Passenger cars - Year-over-year growth 2021-2026 (%)

• 5.4 LCVs - Market size and forecast 2021-2026
• Exhibit 32: Chart on LCVs - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on LCVs - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on LCVs - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on LCVs - Year-over-year growth 2021-2026 (%)

• 5.5 M and HCVs - Market size and forecast 2021-2026
• Exhibit 36: Chart on M and HCVs - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on M and HCVs - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on M and HCVs - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on M and HCVs - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Application 
• Exhibit 40: Market opportunity by Application ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 APAC - Market size and forecast 2021-2026
• Exhibit 46: Chart on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on APAC - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on APAC - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 North America - Market size and forecast 2021-2026
• Exhibit 54: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.6 South America - Market size and forecast 2021-2026
• Exhibit 58: Chart on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on South America - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on South America - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on South America - Year-over-year growth 2021-2026 (%)

• 7.7 Middle East and Africa - Market size and forecast 2021-2026 
• Exhibit 62: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)

• 7.8 China - Market size and forecast 2021-2026
• Exhibit 66: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.9 Germany - Market size and forecast 2021-2026
• Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.10 Japan - Market size and forecast 2021-2026
• Exhibit 74: Chart on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on Japan - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on Japan - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on Japan - Year-over-year growth 2021-2026 (%)

• 7.11 US - Market size and forecast 2021-2026
• Exhibit 78: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.12 UK - Market size and forecast 2021-2026
• Exhibit 82: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 83: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 84: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 85: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.13 Market opportunity by geography 
• Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 87: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape 
• Exhibit 88: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption 
• Exhibit 89: Overview on factors of disruption

• 9.4 Industry risks 
• Exhibit 90: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered 
• Exhibit 91: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 92: Matrix on vendor position and classification

• 10.3 BBB Industries LLC 
• Exhibit 93: BBB Industries LLC - Overview
• Exhibit 94: BBB Industries LLC - Product / Service
• Exhibit 95: BBB Industries LLC - Key offerings

• 10.4 BorgWarner Inc. 
• Exhibit 96: BorgWarner Inc. - Overview
• Exhibit 97: BorgWarner Inc. - Business segments
• Exhibit 98: BorgWarner Inc. - Key news
• Exhibit 99: BorgWarner Inc. - Key offerings
• Exhibit 100: BorgWarner Inc. - Segment focus

• 10.5 Cardone Industries Inc. 
• Exhibit 101: Cardone Industries Inc. - Overview
• Exhibit 102: Cardone Industries Inc. - Product / Service
• Exhibit 103: Cardone Industries Inc. - Key offerings

• 10.6 Cummins Inc. 
• Exhibit 104: Cummins Inc. - Overview
• Exhibit 105: Cummins Inc. - Business segments
• Exhibit 106: Cummins Inc. - Key offerings
• Exhibit 107: Cummins Inc. - Segment focus

• 10.7 Genuine Parts Co. 
• Exhibit 108: Genuine Parts Co. - Overview
• Exhibit 109: Genuine Parts Co. - Business segments
• Exhibit 110: Genuine Parts Co. - Key offerings
• Exhibit 111: Genuine Parts Co. - Segment focus

• 10.8 Honeywell International Inc. 
• Exhibit 112: Honeywell International Inc. - Overview
• Exhibit 113: Honeywell International Inc. - Business segments
• Exhibit 114: Honeywell International Inc. - Key news
• Exhibit 115: Honeywell International Inc. - Key offerings
• Exhibit 116: Honeywell International Inc. - Segment focus

• 10.9 IHI Corp. 
• Exhibit 117: IHI Corp. - Overview
• Exhibit 118: IHI Corp. - Business segments
• Exhibit 119: IHI Corp. - Key news
• Exhibit 120: IHI Corp. - Key offerings
• Exhibit 121: IHI Corp. - Segment focus

• 10.10 Mercedes Benz Group AG 
• Exhibit 122: Mercedes Benz Group AG - Overview
• Exhibit 123: Mercedes Benz Group AG - Product / Service
• Exhibit 124: Mercedes Benz Group AG - Key offerings

• 10.11 Zex Toronto 
• Exhibit 125: Zex Toronto - Overview
• Exhibit 126: Zex Toronto - Product / Service
• Exhibit 127: Zex Toronto - Key offerings

• 10.12 ZF Friedrichshafen AG 
• Exhibit 128: ZF Friedrichshafen AG - Overview
• Exhibit 129: ZF Friedrichshafen AG - Business segments
• Exhibit 130: ZF Friedrichshafen AG - Key news
• Exhibit 131: ZF Friedrichshafen AG - Key offerings
• Exhibit 132: ZF Friedrichshafen AG - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 133: Inclusions checklist
• Exhibit 134: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 135: Currency conversion rates for US$

• 11.4 Research methodology 
• Exhibit 136: Research methodology
• Exhibit 137: Validation techniques employed for market sizing
• Exhibit 138: Information sources

• 11.5 List of abbreviations 
• Exhibit 139: List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email:[email protected]
Website: www.technavio.com/

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