Demand for automotive turbocharger in Japan is expected to develop at a 10.1% CAGR between 2023 and 2033. Sales of automotive turbocharger in Japan are anticipated to attain US$ 1,250.34 million by 2033, up from US$ 477.70 million in 2023.
A substantial demand is anticipated for electric turbocharger in Japan. Throughout the projection period, the e-turbochargers are anticipated to have a positive impact on the automotive turbocharger industry.
Influential Growth Factors of Automotive Turbocharger Demand in Japan
| Attributes | Details |
|---|---|
| Industry Size (2023) | US$ 477.70 million |
| Forecasted Industry Size (2033) | US$ 1,250.34 million |
| CAGR Estimation (2023 to 2033) | 10.1% |
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| Attributes | Details |
|---|---|
| Industry Size (2018) | US$ 303.3 million |
| Industry Size (2022) | US$ 432.1 million |
| HCAGR (2018 to 2022) | 9.3% |
Principal Consultant
The preceding section provides a comprehensive industry overview and categorizes various industry segments. Based on a thorough analysis, the construction machinery segment is leading the vehicle category, while the VGT segment is leading the product category.
The VGT segment is expected to account for the maximum sales in the automotive turbocharger market. Due to their versatility and effectiveness in enhancing engine performance, VGT turbochargers have become progressively popular. VGT is a good option for both gasoline and diesel engines because it can modify the turbine blade geometry according to driving conditions, ensuring a balance between power and fuel efficiency.
| Leading Segment | VGT |
|---|---|
| Industry Share in 2023 | 71.3% |
The VGT segment is leading the industry due to its flexibility and responsiveness to different driving scenarios. Regarding prevalent sales and adoption of automotive turbocharger in Japan, VGT turbochargers continue to outperform other turbochargers despite their advantages.
The construction machinery segment is positioned to lead in the sales of automotive turbocharger in Japan. Due to its unique operating requirements, the construction machinery segment is prominent. These requirements frequently call for the application of turbocharger to improve engine performance and efficiency.
| Leading Segment | Construction Machinery |
|---|---|
| Industry Share in 2023 | 71% |
Heavy machinery used in construction, such as excavators, bulldozers, and cranes, requires a significant amount of power to perform different tasks. Turbochargers provide a workable solution by maximizing power delivery, reducing fuel consumption, and enhancing engine performance. To boost automotive turbocharger sales and solidify the segment's position, automotive turbocharger manufacturers in the construction machinery sector are progressively implementing turbocharger technology.
Several significant players are vying for market share in Japan's automotive turbocharger industry, which is characterized by intense competition. Automotive turbocharger companies, whether domestic or foreign, engage in the production and distribution of turbocharging systems. Competition is often based on factors such as quality, cost-effectiveness, innovation, and technology.
Automotive turbocharger manufacturers and automakers frequently work in partnerships. Strict emission regulations drive technological advancements in automotive turbocharger. To maintain a dynamic and competitive environment that fosters continuous advances in turbocharger technology, the Japan automotive turbocharger market balances established industry leaders and coming players. This is all done without disclosing specific product details.
Developments Observed in Automotive Turbocharger in Japan
Mitsubishi Heavy Industries (MHI): One of Japan's prominent manufacturers of automotive turbocharger is Mitsubishi Heavy Industries. Numerous turbochargers for different uses, such as in passenger cars and commercial vehicles, are produced by them.
IHI Corporation: Automotive turbocharger is manufactured by the widely recognized Japanese manufacturer IHI Corporation. For gasoline and diesel engines, they provide a range of turbocharger options.
Honeywell Turbo Technologies (formerly Garrett Motion): Despite being an American company, Honeywell has a sizable presence in Japan and produces automotive turbocharger for Japan's industry. Their contemporary turbocharger technology is renowned.
BorgWarner: BorgWarner is an American multinational corporation with a significant presence in Japan, specializing in manufacturing automotive turbocharger. They supply Japanese automakers with turbochargers.
Hitachi Automotive Systems: The prominent Japanese company Hitachi manufactures various auto parts, including turbochargers. They offer creative solutions to the automotive industry.
Aisin Seiki Co., Ltd.: The acclaimed Japanese manufacturer of automotive turbocharger, Aisin manufactures various parts for customers in Japan and other countries, including turbochargers.
IHI Turbo America: Despite having its headquarters in the United States, this business is a subsidiary of IHI Corporation in Japan and is a significant player in manufacturing automotive turbocharger for the Japan industry among others.
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| Attribute | Details |
|---|---|
| Estimated Valuation (2023) | US$ 477.70 million |
| Projected Valuation (2033) | US$ 1,250.34 million |
| Anticipated CAGR (2023 to 2033) | 10.1% |
| Historical Analysis of Automotive Turbocharger in Japan | 2018 to 2022 |
| Demand Forecast for Automotive Turbocharger in Japan | 2023 to 2033 |
| Quantitative Units | Revenue in US$ million and CAGR from 2023 to 2033 |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Key Cities Analyzed | Kanto, Chubu, Kinki, Kyushu & Okinawa, Tohoku, Rest of Japan |
| Key Companies Profiled for Automotive Turbocharger in Japan | Mitsubishi Heavy Industries (MHI); IHI Corporation; Honeywell Turbo Technologies (formerly Garrett Motion); BorgWarner; Hitachi Automotive Systems; Aisin Seiki Co., Ltd.; IHI Turbo America |
The anticipated CAGR for automotive turbocharger in Japan through 2033 is 10.1%.
Demand for automotive turbocharger in Japan is likely to reach US$ 1,250.34 million by 2033.
The VGT segment to grab a share of 71.3% in 2023.
The construction machinery segment to acquire a share of 71% in 2023.
The automotive turbocharger sales in Japan registered a HCAGR of 9.3% from 2018 to 2022.
1. Executive Summary 1.1. Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022 4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Actuator 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Actuator, 2018 to 2022 5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Actuator, 2023 to 2033 5.3.1. Electric 5.3.2. Hydraulic 5.3.3. Pneumatic 5.4. Y-o-Y Growth Trend Analysis By Actuator, 2018 to 2022 5.5. Absolute $ Opportunity Analysis By Actuator, 2023 to 2033 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Fuel Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Fuel Type, 2018 to 2022 6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Fuel Type, 2023 to 2033 6.3.1. Diesel 6.3.2. Gasoline 6.4. Y-o-Y Growth Trend Analysis By Fuel Type, 2018 to 2022 6.5. Absolute $ Opportunity Analysis By Fuel Type, 2023 to 2033 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022 7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033 7.3.1. Twin Turbo 7.3.2. VGT 7.3.3. Waste gate 7.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022 7.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Sales Channel 8.1. Introduction / Key Findings 8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Sales Channel, 2018 to 2022 8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Sales Channel, 2023 to 2033 8.3.1. Aftermarket 8.3.2. OEM 8.4. Y-o-Y Growth Trend Analysis By Sales Channel, 2018 to 2022 8.5. Absolute $ Opportunity Analysis By Sales Channel, 2023 to 2033 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Vehicle Type 9.1. Introduction / Key Findings 9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Vehicle Type, 2018 to 2022 9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Vehicle Type, 2023 to 2033 9.3.1. Agricultural Machinery 9.3.2. Construction Machinery 9.3.3. HCV 9.3.4. LCV 9.3.5. Passenger Cars 9.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2018 to 2022 9.5. Absolute $ Opportunity Analysis By Vehicle Type, 2023 to 2033 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 10.1. Introduction 10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022 10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033 10.3.1. Kanto 10.3.2. Chubu 10.3.3. Kinki 10.3.4. Kyushu & Okinawa 10.3.5. Tohoku 10.3.6. Rest of Japan 10.4. Market Attractiveness Analysis By Region 11. Kanto Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 11.2.1. By Actuator 11.2.2. By Fuel Type 11.2.3. By Product Type 11.2.4. By Sales Channel 11.2.5. By Vehicle Type 11.3. Market Attractiveness Analysis 11.3.1. By Actuator 11.3.2. By Fuel Type 11.3.3. By Product Type 11.3.4. By Sales Channel 11.3.5. By Vehicle Type 11.4. Key Takeaways 12. Chubu Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 12.2.1. By Actuator 12.2.2. By Fuel Type 12.2.3. By Product Type 12.2.4. By Sales Channel 12.2.5. By Vehicle Type 12.3. Market Attractiveness Analysis 12.3.1. By Actuator 12.3.2. By Fuel Type 12.3.3. By Product Type 12.3.4. By Sales Channel 12.3.5. By Vehicle Type 12.4. Key Takeaways 13. Kinki Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 13.2.1. By Actuator 13.2.2. By Fuel Type 13.2.3. By Product Type 13.2.4. By Sales Channel 13.2.5. By Vehicle Type 13.3. Market Attractiveness Analysis 13.3.1. By Actuator 13.3.2. By Fuel Type 13.3.3. By Product Type 13.3.4. By Sales Channel 13.3.5. By Vehicle Type 13.4. Key Takeaways 14. Kyushu & Okinawa Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 14.2.1. By Actuator 14.2.2. By Fuel Type 14.2.3. By Product Type 14.2.4. By Sales Channel 14.2.5. By Vehicle Type 14.3. Market Attractiveness Analysis 14.3.1. By Actuator 14.3.2. By Fuel Type 14.3.3. By Product Type 14.3.4. By Sales Channel 14.3.5. By Vehicle Type 14.4. Key Takeaways 15. Tohoku Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 15.2.1. By Actuator 15.2.2. By Fuel Type 15.2.3. By Product Type 15.2.4. By Sales Channel 15.2.5. By Vehicle Type 15.3. Market Attractiveness Analysis 15.3.1. By Actuator 15.3.2. By Fuel Type 15.3.3. By Product Type 15.3.4. By Sales Channel 15.3.5. By Vehicle Type 15.4. Key Takeaways 16. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022 16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033 16.2.1. By Actuator 16.2.2. By Fuel Type 16.2.3. By Product Type 16.2.4. By Sales Channel 16.2.5. By Vehicle Type 16.3. Market Attractiveness Analysis 16.3.1. By Actuator 16.3.2. By Fuel Type 16.3.3. By Product Type 16.3.4. By Sales Channel 16.3.5. By Vehicle Type 16.4. Key Takeaways 17. Market Structure Analysis 17.1. Competition Dashboard 17.2. Competition Benchmarking 17.3. Market Share Analysis of Top Players 17.3.1. By Regional 17.3.2. By Actuator 17.3.3. By Fuel Type 17.3.4. By Product Type 17.3.5. By Sales Channel 17.3.6. By Vehicle Type 18. Competition Analysis 18.1. Competition Deep Dive 18.1.1. Arashi Dynamics 18.1.1.1. Overview 18.1.1.2. Product Portfolio 18.1.1.3. Profitability by Market Segments 18.1.1.4. Sales Footprint 18.1.1.5. Strategy Overview 18.1.1.5.1. Marketing Strategy 18.1.1.5.2. Product Strategy 18.1.1.5.3. Channel Strategy 18.1.2. Accelleron Industries 18.1.2.1. Overview 18.1.2.2. Product Portfolio 18.1.2.3. Profitability by Market Segments 18.1.2.4. Sales Footprint 18.1.2.5. Strategy Overview 18.1.2.5.1. Marketing Strategy 18.1.2.5.2. Product Strategy 18.1.2.5.3. Channel Strategy 18.1.3. Mitsubishi Heavy Industries Ltd. 18.1.3.1. Overview 18.1.3.2. Product Portfolio 18.1.3.3. Profitability by Market Segments 18.1.3.4. Sales Footprint 18.1.3.5. Strategy Overview 18.1.3.5.1. Marketing Strategy 18.1.3.5.2. Product Strategy 18.1.3.5.3. Channel Strategy 18.1.4. IHI Corporation 18.1.4.1. Overview 18.1.4.2. Product Portfolio 18.1.4.3. Profitability by Market Segments 18.1.4.4. Sales Footprint 18.1.4.5. Strategy Overview 18.1.4.5.1. Marketing Strategy 18.1.4.5.2. Product Strategy 18.1.4.5.3. Channel Strategy 18.1.5. BMTS Technology GmbH & Co. KG 18.1.5.1. Overview 18.1.5.2. Product Portfolio 18.1.5.3. Profitability by Market Segments 18.1.5.4. Sales Footprint 18.1.5.5. Strategy Overview 18.1.5.5.1. Marketing Strategy 18.1.5.5.2. Product Strategy 18.1.5.5.3. Channel Strategy 18.1.6. Weifang FuYuan Turbochargers Co., Ltd. 18.1.6.1. Overview 18.1.6.2. Product Portfolio 18.1.6.3. Profitability by Market Segments 18.1.6.4. Sales Footprint 18.1.6.5. Strategy Overview 18.1.6.5.1. Marketing Strategy 18.1.6.5.2. Product Strategy 18.1.6.5.3. Channel Strategy 18.1.7. Toyota Industries Corporation 18.1.7.1. Overview 18.1.7.2. Product Portfolio 18.1.7.3. Profitability by Market Segments 18.1.7.4. Sales Footprint 18.1.7.5. Strategy Overview 18.1.7.5.1. Marketing Strategy 18.1.7.5.2. Product Strategy 18.1.7.5.3. Channel Strategy 18.1.8. Eaton Corporation Plc 18.1.8.1. Overview 18.1.8.2. Product Portfolio 18.1.8.3. Profitability by Market Segments 18.1.8.4. Sales Footprint 18.1.8.5. Strategy Overview 18.1.8.5.1. Marketing Strategy 18.1.8.5.2. Product Strategy 18.1.8.5.3. Channel Strategy 18.1.9. BorgWarner Inc. 18.1.9.1. Overview 18.1.9.2. Product Portfolio 18.1.9.3. Profitability by Market Segments 18.1.9.4. Sales Footprint 18.1.9.5. Strategy Overview 18.1.9.5.1. Marketing Strategy 18.1.9.5.2. Product Strategy 18.1.9.5.3. Channel Strategy 18.1.10. Cummins Inc. 18.1.10.1. Overview 18.1.10.2. Product Portfolio 18.1.10.3. Profitability by Market Segments 18.1.10.4. Sales Footprint 18.1.10.5. Strategy Overview 18.1.10.5.1. Marketing Strategy 18.1.10.5.2. Product Strategy 18.1.10.5.3. Channel Strategy 19. Assumptions & Acronyms Used 20. Research Methodology
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Automotive Turbocharger Industry Analysis in Japan
