Argentina Automotive Turbocharger Market Overview, 2027
Argentina Automotive Turbocharger Market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.
"The automobile turbocharger market in Argentina is a significant area of the nation's automotive industry, contributing significantly to improvements in vehicle performance, fuel economy, and technology. The Argentinean automobile turbocharger industry represents a special synthesis of engineering quality, innovation, and environmental conscience with a focus on addressing increasing market demands, strict emissions laws, and consumer preferences. Turbocharging technology has become a crucial tool for attaining greater power outputs, better torque, and improved fuel economy as the automobile industry in Argentina keeps growing. Greater combustion efficiency and greater engine performance are the results of turbochargers, which use the energy from exhaust gas to boost air intake into the engine. In order to address the increased demand for automobiles that deliver higher performance while consuming the least amount of fuel, this technology has made significant progress across both petrol and diesel engines.
According to the report title, ""Argentina Automotive Turbocharger Market, 2027"", publish by Bonafide research, the automotive turbocharger market is anticipated to grow at a higher growth rate as compared to historical period. The Argentinean automotive turbocharger market reflects global trends towards downsizing engines and adopting turbocharging to address environmental concerns and regulatory requirements. By utilizing turbocharging technology, automakers can achieve greater power and torque from smaller engines, enabling improved fuel efficiency and reduced emissions. This aligns with Argentina's commitment to environmental sustainability and the promotion of greener transportation solutions. The Argentinean automotive turbocharger industry shows a commitment to innovation and modern technology. Both domestic and foreign businesses operating in Argentina contribute to the market with their knowledge and all-encompassing solutions for turbochargers. In order to suit the different needs of the Argentinean automotive market, partnerships between turbocharger producers and homegrown automakers make it possible to incorporate turbocharging technology into a variety of vehicles, including passenger cars, commercial vehicles, and heavy-duty trucks.
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Turbochargers are used in all types of vehicles, including cars, trucks, ships, and buses, and they provide more power to the vehicle. Every single piston stroke in cylinders generates more power. The small size of the engine results in better fuel efficiency and economics. Turbochargers are often labelled as eco-friendly as they burn fuel with more oxygen and produce less air pollution. However, more power results in more energy output per second and may result in burning more fuel. Also, turbo engines are expensive, and the consumer needs to shell out comparatively more money. Adding a turbocharger to the engine forms a layer of complex mechanism that demands more maintenance and results in part failures occurring more often. Since the engine works harder, it wears out faster. Turbocharged engines require high quality fuels and gases and synthetic oils that are expensive.
Passenger vehicles hold a major market share and are expected to follow the same trend in future years also, owing to an increased inclination by consumers for greater performance from fuel efficient vehicles. The increase in urbanisation and disposable incomes is further bolstering the market demand for passenger vehicles, which leads to more demand for turbochargers. Also, car manufacturers are continuously innovating in terms of engines that would give better performance and lower emissions, which create demand for the same. Stringent government regulations imposed on emissions are further expected to propel market growth over the forecast period. Electric vehicles are expected to bolster the demand for turbochargers, but at a lower speed as innovations are limited. The companies need to spend more on research and technology to incorporate turbochargers more effectively and efficiently into their vehicles.
Innovating in design for turbochargers and downsizing, the companies are developing systems for diesel engines to increase fuel efficiency, lower emissions and increase power output. The stakeholders are grabbing the opportunities as diesel engines are widely used in commercial vehicles. To maximise revenue, automotive giants compete to introduce the best cars on the market, putting additional pressure on OEMs and aftermarkets of automotive turbochargers to innovate and strategically distribute the best components to upgrade automotives.
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Manmayi Raval
Research Consultant
Variable geometry turbochargers are used more in automotives as downsized vehicles and emissions regulations come into place. It is used in most vehicles as it provides a boost, eliminating lag or builds up in engine speeds. The only impediment to the market is the high cost of additional parts and special materials to deal with the high temperatures in the engines. As VGT provides increased low-end torque with improved turbine efficiency to leverage technology in passenger vehicles with downsizing of engines, As it proves to be fuel efficient and has overall vehicular performance, it is expected to be in demand over the projected period.
The automobile industry has been adversely affected by the pandemic, compelling stakeholders to adopt contingency planning to overcome uncertainties. They conducted various research and analysis before making new advancements to capture new markets and existing markets as well. The companies had to revaluate their existing supply chains. The assembly lines of turbochargers were forcibly shut down as the economy was pushed below with no vehicular movement. Also, there were no new requirements for installations and the spare turbochargers needed no replacements as vehicles remained unused.
Considered in this report
Geography: Argentina
Base year: 2021
Estimated year: 2022
Forecast year: 2027
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Aspects covered in this report
Argentina Automotive Turbocharger market with its value and forecast along with its segments
Various drivers and challenges
On-going trends and developments
Top profiled companies
Strategic recommendation
Types of Technology in the report:
Variable Geometry Turbocharger
Wastegate Turbocharger
Electric Turbocharger
By Vehicle Type in the report:
Passenger Vehicle
Commercial Vehicle
Type of Fuel in the report:
Gasoline
Diesel
Type of Sales Channel in the report:
Original Equipment Manufacturer
Aftermarket
The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources.
Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to automotive turbocharger industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.
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Table of Contents
Table of Content
1. List of Figures
2. List of Table
3. Executive Summary
4. Introduction
4.1. Market Definition
4.2. Market Scope & Segmentation
4.3. Research Methodology
5. Argentina Macro Economic Indicators
6. Argentina Automotive Turbocharger Market Category Analysis
6.1. Key findings
6.2. Market Drivers
6.3. Market Restraints
6.4. Opportunities
6.5. Policies & Certification
6.6. Value Chain Analysis
6.7. Key Developments - 2021
7. Argentina Automotive Turbocharger Market Trends
8. Argentina Automotive Turbocharger Market Overview
8.1. Market Size By Value
8.2. Market Share
8.2.1. By Technology Type
8.2.2. By Vehicle Type
8.2.3. By Fuel Type
8.2.4. By Sales Channel
9. Argentina Automotive Turbocharger Market Segmentations
9.1. Argentina Automotive Turbocharger Market, By Technology Type
9.1.1. Argentina Automotive Turbocharger Market Size, By Variable Geometry Turbocharger, 2016 - 2027F
9.1.2. Argentina Automotive Turbocharger Market Size, By Wastegate Turbocharger, 2016 - 2027F
9.1.3. Argentina Automotive Turbocharger Market Size, By Electric Turbocharger, 2016 - 2027F
9.2. Argentina Automotive Turbocharger Market, By Vehicle Type
9.2.1. Argentina Automotive Turbocharger Market Size, By Passenger Vehicles, 2016 - 2027F
9.2.2. Argentina Automotive Turbocharger Market Size, By Commercial Vehicles, 2016 - 2027F
9.3. Argentina Automotive Turbocharger Market, By Fuel Type
9.3.1. Argentina Automotive Turbocharger Market Size, By Gasoline, 2016 - 2027F
9.3.2. Argentina Automotive Turbocharger Market Size, By Diesel, 2016 - 2027F
9.4. Argentina Automotive Turbocharger Market, By Sales channel
9.4.1. Argentina Automotive Turbocharger Market Size, By Original Equipment Manufacturer, 2016 - 2027F
9.4.2. Argentina Automotive Turbocharger Market Size, By Aftermarket, 2016 - 2027F
10. Argentina Automotive Turbocharger Market Opportunity Assessment
10.1. By Technology Type, 2022F to 2027F
10.2. By Vehicle Type, 2022F to 2027F
10.3. By Fuel Type, 2022F to 2027F
10.4. By Sales Channel, 2022F to 2027F
11. Competitive Landscape
11.1. Porter's Five Forces
11.2. Company Profiles
11.2.1. Company 1
11.2.2. Company 2
11.2.3. Company 3
11.2.4. Company 4
11.2.5. Company 5
11.2.6. Company 6
11.2.7. Company 7
11.2.8. Company 8
12. Strategic Recommendations
13. Disclaimer
List of Table
Table 1: Argentina Automotive Turbocharger Market Size of Variable Geometry Turbocharger (2016 to 2027F) in USD Million
Table 2: Argentina Automotive Turbocharger Market Size of Wastegate Turbocharger (2016 to 2027F) in USD Million
Table 3: Argentina Automotive Turbocharger Market Size of Electric Turbocharger (2016 to 2027F) in USD Million
Table 4: Argentina Automotive Turbocharger Market Size of Passenger Vehicles (2016 to 2027F) in USD Million
Table 5: Argentina Automotive Turbocharger Market Size of Commercial Vehicles (2016 to 2027F) in USD Million
Table 6: Argentina Automotive Turbocharger Market Size of Gasoline (2016 to 2027F) in USD Million
Table 7: Argentina Automotive Turbocharger Market Size of Diesel (2016 to 2027F) in USD Million
Table 8: Argentina Automotive Turbocharger Market Size of Original Equipment Manufacturer (2016 to 2027F) in USD Million
Table 9: Argentina Automotive Turbocharger Market Size of Aftermarket (2016 to 2027F) in USD Million
Table 10: Key Facts of Company 1
Table 11: Key Facts of Company 2
Table 12: Key Facts of Company 3
Table 13: Key Facts of Company 4
Table 14: Key Facts of Company 5
Table 15: Key Facts of Company 6
Table 16: Key Facts of Company 7
Table 17: Key Facts of Company 8
List of Figures
Figure 1: Argentina Automotive Turbocharger Market Size – By Value 2016 to 2027F (In USD Million)
Figure 2: Argentina Automotive Turbocharger Market Share By Technology Type (2016, 2021 & 2027F)
Figure 3: Argentina Automotive Turbocharger Market Share By Vehicle Type (2016, 2021 & 2027F)
Figure 4: Argentina Automotive Turbocharger Market Share By Fuel Type (2016, 2021 & 2027F)
Figure 5: Argentina Automotive Turbocharger Market Share By Sales Channel (2016, 2021 & 2027F)
Figure 6: Market Attractiveness Index, By Technology Type
Figure 7: Market Attractiveness Index, By Vehicle Type
Figure 8: Market Attractiveness Index, By Fuel Type
Figure 9: Market Attractiveness Index, By Sales Channel
Figure 10: Porter's Five Forces Meter of Automotive Turbocharger Industry in Argentina
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