Automotive Turbocharger Industry Set to Exhibit Tremendous Growth in Coming Years
Automotive turbochargers are used to improve the power output and efficiency of an internal combustion engine (ICE) because it compresses exhaust air from the engine and dispense it to the combustion chamber. At present, turbocharging has become the standard for most diesel engines and some gasoline engines. Researchers across the world are still exploring new ways to improve the designs of turbochargers for reducing the manufacturing cost and enhancing the performance of this automobile component.
As turbochargers help in increasing the fuel efficiency of vehicles, the rising implementation of stringent emission norms by governments across the world will augment the automotive turbocharger market growth during 2020–2030. For instance, Japan, the United States, and countries outside of Europe have drafted their emission policies on the pattern of Euro 6/ Euro VI norms and the associated mandates for low-sulfur and clean fuels. By adopting this emission standard, such countries can help in reducing the emission of carbon monoxide (CO), hydrocarbons (HCs), HC + oxides of nitrogen (NOx), and particulate matter (PM) from petrol and diesel engines.
Similarly, the government of India has implemented Bharat Stage VI (BS-VI) norms in April 2020. According to BS-VI norms, petrol vehicles have to reduce NOx emissions by 25%, whereas, diesel engines have to decrease their NOx emissions by 68%, PM levels by 82%, and HC + NOx by 43%. As other countries are drafting their vehicle emission norms on the pattern of EU 6 regulations, the CLOVE consortium proposed the Euro 7/Euro VII norms in April 2021.
Thus, the increasing focus on implementing vehicle emission norms, primarily on account of the soaring requirement for reducing air pollution levels, will propel the adoption of turbochargers in vehicles in the coming years.
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