Global Automotive Turbocharger Hose Market Growth Analysis 2024, Forecast To 2033
8 Mar, 2024
The automotive turbocharger hose market (24) increased from $13.51 billion in 2023 to $15.12 billion in 2024, with a CAGR of 11.9%, attributed to fuel efficiency demands. Expectations foresee growth to $22.67 billion by 2028, with a CAGR of 10.7%, propelled by globalization and technological advancements.
Global Automotive Turbocharger Hose Market Key Driver
The growing production of light commercial vehicles is driving the automotive turbocharger hose market's growth. With industrial production of light trucks increasing, there is a rising demand for turbocharger hoses to support vehicle production.
Get A Free Sample Of The Global Automotive Turbocharger Hose Market ReportGlobal Automotive Turbocharger Hose Market Segments
The automotive turbocharger hose market covered in this report is segmented –
1) Product:Extruded Charge Air Hoses, Suction Blow Molded Plastic Hoses, Wrapped Charge Air Hoses, Other Products
2) Vehicle Type:Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Other Vehicle Types
3) Fuel:Gasoline, Diesel
4) Distribution Channel:Original Equipment Manufacturer (OEM), Aftermarket
By Geography: The countries covered in the automotive turbocharger hose market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
Europe was the largest region in the automotive turbocharger hose market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive turbocharger hose market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Automotive Turbocharger Hose Industry Players
General Motors; Continental AG; Daikin Industries Ltd.; Eaton Corporation plc; Solvay S.A; BorgWarner Inc.; DuPont de Nemours Inc.; Toyoda Gosei Co. Ltd.; Gates Industrial Corporation plc; Semperit Group; Masterflex Group; Flexfab Horizons International Inc.; Melett Limited; Ferdinand Bilstein GmbH + . KG; Marugo Rubber Industries Ltd.; Turbonetics Inc.; Viper Performance Hoses Ltd.; Silflex Ltd.; Bugiad GmbH; Turbo Ideal d.o.o.; Wacker Chemie AG; Mega Flex Plastics Limited; Goodyou Elastomer Technology Solution Co. Ltd.; Cooper Standard Automotive Inc.; Federal Hose.
Get The Full Global Automotive Turbocharger Hose Market ReportAutomotive Turbocharger Hose Market Overview
Automotive turbocharger hoses refer to automobile equipment that enables the passage of coolants to the turbocharger to keep it at a low enough temperature for effective functioning. Turbocharger hoses are employed to ensure that the system is kept cool while it is in use.