Please Wait.....
Report
Europe Turbocharger Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025-2034
Market Report I 2025-02-20 I 165 Pages I Global Market Insights
Europe Turbocharger Market reached USD 7.8 billion in 2024 and is poised for steady growth, with a projected CAGR of 4.6% between 2025 and 2034. The increasing adoption of turbocharged engines by automobile manufacturers continues to be a major driver, as automakers implement turbocharging technology to enhance fuel efficiency and meet stringent emission regulations. Turbochargers allow engines to deliver higher performance while simultaneously reducing carbon emissions, making them indispensable in modern vehicle designs. As environmental concerns escalate and emission norms tighten, manufacturers are intensifying efforts to integrate these systems into their vehicle lineups.
The rapid evolution of the automotive industry further propels market expansion, with turbochargers playing a crucial role in enabling downsized engines to maintain optimal power output. Engine downsizing, a strategy employed by automakers to reduce fuel consumption and emissions, relies heavily on turbocharging technology. Governments across Europe enforce rigorous emission standards, compelling vehicle manufacturers to innovate continuously and enhance fuel economy without sacrificing performance. Additionally, the growing preference for hybrid vehicles and alternative propulsion technologies is influencing turbocharger designs, fostering advancements that cater to next-generation automotive solutions.
The market is segmented by fuel type, with gasoline turbochargers accounting for USD 4 billion in 2024. Automakers are increasingly focusing on downsized, turbocharged gasoline engines to enhance fuel economy and lower carbon emissions. These engines are gaining traction, particularly in compact and mid-sized vehicle segments, as they offer superior efficiency compared to naturally aspirated alternatives. As the automotive industry shifts towards lightweight and high-performance engine designs, the demand for gasoline turbochargers is expected to surpass USD 6 billion by 2034, reinforcing their significance across various vehicle categories.
Based on end use, the market consists of OEM and aftermarket segments. The OEM sector dominated in 2024, holding an 81% market share, as automakers prioritize advanced turbocharging technologies to meet evolving emission standards while improving engine performance. The aftermarket segment is witnessing steady growth, driven by increasing demand for cost-effective replacement options for turbocharger units. The emergence of remanufactured turbochargers is further expanding opportunities in the aftermarket, offering affordable solutions without compromising functionality. As vehicle ownership rates continue to rise, aftermarket sales are anticipated to experience sustained growth.
Germany remains the dominant player in the Europe turbocharger market, contributing USD 686.4 million in 2024 and holding a substantial 40% market share. Backed by a well-established automotive sector committed to innovation and efficiency, Germany leads in the development of fuel-efficient turbocharged systems that align with stringent emission regulations. The demand for gasoline turbochargers remains strong in the passenger vehicle segment, as manufacturers emphasize performance enhancement while ensuring compliance with regulatory frameworks. With leading automakers spearheading technological advancements, Germany's turbocharger market is expected to remain at the forefront of Europe's automotive industry expansion.
Report Content
Chapter 1 Methodology & Scope
1.1 Research design
1.1.1 Research approach
1.1.2 Data collection methods
1.2 Base estimates and calculations
1.2.1 Base year calculation
1.2.2 Key trends for market estimates
1.3 Forecast model
1.4 Primary research & validation
1.4.1 Primary sources
1.4.2 Data mining sources
1.5 Market definitions
Chapter 2 Executive Summary
2.1 Industry 360 synopsis, 2021 - 2034
Chapter 3 Industry Insights
3.1 Industry ecosystem analysis
3.2 Supplier landscape
3.2.1 Component providers
3.2.2 Manufacturers
3.2.3 Distributors
3.2.4 End Use
3.3 Profit margin analysis
3.4 Technology & innovation landscape
3.5 Key news & initiatives
3.6 Cost analysis
3.7 Impact of solid-state batteries on EV charging technology
3.8 Patent analysis
3.9 Regulatory landscape
3.10 Impact forces
3.10.1 Growth drivers
3.10.1.1 Stricter emission regulations
3.10.1.2 Increasing adoption of turbocharged engines
3.10.1.3 Growth of the aftermarket segment
3.10.1.4 Rising demand for electric and hybrid turbochargers
3.10.2 Industry pitfalls & challenges
3.10.2.1 High development and integration costs
3.10.2.2 Complex maintenance and repair requirements
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis
Chapter 4 Competitive Landscape, 2024
4.1 Introduction
4.2 Company market share analysis
4.3 Competitive positioning matrix
4.4 Strategic outlook matrix
Chapter 5 Market Estimates & Forecast, By Fuel, 2021 - 2034 ($Bn, Units)
5.1 Key trends
5.2 Gasoline
5.3 Diesel
Chapter 6 Market Estimates & Forecast, By Technology, 2021 - 2034 ($Bn, Units)
6.1 Key trends
6.2 Variable Geometry Turbocharger (VGT)
6.3 Wastegate turbocharger
6.4 Twin-turbocharger
6.5 Electric turbocharger
Chapter 7 Market Estimates & Forecast, By Material, 2021 - 2034 ($Bn, Units)
7.1 Key trends
7.2 Cast iron
7.3 Aluminum
7.4 Others
Chapter 8 Market Estimates & Forecast, By Application, 2021 - 2034 ($Bn, Units)
8.1 Key trends
8.2 Automotive
8.2.1 Passenger car
8.2.1.1 Hatchback
8.2.1.2 Sedan
8.2.1.3 SUV
8.2.2 Commercial vehicle
8.2.2.1 Light Commercial Vehicle (LCV)
8.2.2.2 Heavy Commercial Vehicle (HCV)
8.2.3 Off-highway vehicle
8.3 Aerospace & defense
8.3.1 Aircraft engine
8.3.2 Military vehicle
8.4 Marine
8.4.1 Commercial ship
8.4.2 Naval vessel
8.4.3 Recreational boat
8.5 Others
Chapter 9 Market Estimates & Forecast, By End Use, 2021 - 2034 ($Bn, Units)
9.1 Key trends
9.2 OEM
9.3 Aftermarket
Chapter 10 Market Estimates & Forecast, By Region, 2021 - 2034 ($Bn, Units)
10.1 Key trends
10.2 Western Europe
10.2.1 Germany
10.2.2 Austria
10.2.3 France
10.2.4 Switzerland
10.2.5 Belgium
10.2.6 Luxembourg
10.2.7 Netherlands
10.2.8 Portugal
10.3 Eastern Europe
10.3.1 Poland
10.3.2 Romania
10.3.3 Czechia
10.3.4 Slovenia
10.3.5 Hungary
10.3.6 Bulgaria
10.3.7 Slovakia
10.3.8 Croatia
10.4 Northern Europe
10.4.1 UK
10.4.2 Denmark
10.4.3 Sweden
10.4.4 Finland
10.4.5 Norway
10.5 Southern Europe
10.5.1 Italy
10.5.2 Spain
10.5.3 Greece
10.5.4 Bosnia and Herzegovina
10.5.5 Albania
Chapter 11 Company Profiles
11.1 BMTS Technology
11.2 BorgWarner
11.3 BTS Turbo
11.4 Continental
11.5 Cummins
11.6 Garrett Motion
11.7 IHI
11.8 KBB Turbo (Kompressorenbau Bannewitz GmbH)
11.9 Marine Turbo Engineering
11.10 Melett Ltd.
11.11 Mitsubishi Turbocharger and Engine Europe B.V.
11.12 Rotomaster Europe
11.13 STK Turbo Technik
11.14 Tomi Turbo
11.15 Turbo Dynamics
11.16 Turbo Technics
11.17 Turboclinic
11.18 Turbos Hoet
11.19 TurboZentrum
11.20 VEGE Turbo
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security