Technological Advancements in Turbocharging Systems Drive Market Competitiveness and Efficiency Gains
The global automotive turbocharger market is entering a decisive phase of growth, supported by tightening emission regulations, rising demand for fuel-efficient vehicles, and continued innovation in powertrain technologies. According to industry estimates, the market was valued at approximately US$17.2 billion in 2023 and is projected to reach US$29.1 billion by the end of 2030. This expansion...
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