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Development and Usage of Electric Turbochargers Boosting Growth in the Fine Tuning Turbocharger Market in the US

Reportstack has announced a new market research report on the Fine Tuning Turbocharger Market in the US 2015-2019, which is expected to grow at a CAGR of 22.81 percent during the forecast period of 2014-2019.

Fine tuning turbochargers are designed for the Motorsports market and are used by drivers who want to convert a naturally aspirated engine or enhance the performance of a factory turbocharged car. Presently, motorsports are becoming a high-visibility podium for automobile and turbocharger manufacturers to test and showcase technologies that they want to include in passenger cars. Fine-tuned turbochargers are designed to perform better than conventional turbochargers by ensuring less or no turbo lag and by improving engine efficiency.

“Conventional turbochargers that run with the help of exhaust gases cause turbo lag, which affects engine performance,”. “The next major advancement in internal combustion engine fuel efficiency technology is the development and usage of electric turbochargers.”

Key Market Drivers

Environmental Advantages of Turbochargers
Increased Regulations for High Fuel Economy
Industry-wide Engine Downsizing

Key Market Trends

Elevated Demand for Diesel Cars
Growing Adoption of Two-stage Turbocharging
Next Generation of Turbochargers

Key Market Vendors

BorgWarner Inc.
Cummins Inc.
Honeywell International Inc.

To define the market circumstances in the next 3-4 years, the analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.

To access full report with TOC, please visit Fine Tuning Turbocharger Market in the US 2015-2019.