Middle East & Africa Automotive Turbocharger Market - Industry Size, Opportunity, Growth, Demand, & Forecast To 2027

An automotive turbocharger is a device installed in an engine designed to improve overall productivity and increase consumption. A turbocharger is a turbine-driven forced induction device that enhances the internal combustion engine's efficiency and energy output. For this reason, auto manufacturers present in the Middle East and Africa region choose the automotive turbocharger in their vehicles. The high concentration of automobile manufacturers in emerging economies across the region and growing automotive production have boosted the demand for turbochargers. The automotive turbocharger industry in the Middle East and Africa region is poised to witness notable growth in the future. The demand is expected to be largely driven by the rising consumer demand for luxury passenger vehicles and premium sports cars. It is interesting to note that the oil-rich region is not only keen on importing high-end and sports vehicles but also wants to establish itself as a production hub for luxury sports cars in the near future. Despite infrastructure and regulatory obstacles, the automotive industry in this region is expected to gain momentum during the forecast period, driven by innovation and investments. Also, this growth would connect the region further with the global economy, where the automotive industry is a significant indicator of the economic performance of the region. According to the research report, "Middle East & Africa Automotive Turbocharger Market Outlook, 2027" published by Actual Market Research, the automotive turbocharger market is anticipated to grow at a CAGR of 10.77% during the forecast period. The Middle East & Africa automotive turbocharger market is segmented into three countries, including Iran, Turkey, and South Africa. Among these countries, Turkey is anticipated to lead the market by 2027. In 2019, almost two million commercial and passenger vehicles were sold across the region. During this time, Iran led the market in terms of passenger car sales, followed by Saudi Arabia and Israel. In the commercial vehicle segment, sales were strongest in Saudi Arabia, followed by Iran and Iraq. As for vehicle production, Turkey and Iran dominated the market with more than 1 million production units. The majority of automotive-producing countries across the region are more focused on passenger cars. This increased utilisation of automobiles in the region creates higher demands for turbochargers. In addition to that, Gulf Turbo is a prominent turbocharger manufacturer in the Middle East and Africa region. The company has service stations in Bahrain, the UAE, India, Singapore, and China. These stations are equipped with machines and tools to service and repair all makes and models of turbochargers.

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According to the report, the Middle East and Africa automotive turbocharger market is segmented into two fuel types, including diesel and gasoline. Among these types, diesel-type turbochargers are anticipated to dominate the market during the forecast period by holding more than 70% of the market share. Due to the higher emergence of emission regulation norms and the higher efficiency provided by diesel engines, this segment is forecasted to witness higher market growth by 2027. Vertical geometry turbochargers are expected to lead the automotive turbocharger market in the Middle East and Africa by 2027, based on technology type.to regulate the air intake as well as the convenience provided by this segment are the driving forces for VGT technology across the region. Based on the sales channel, OEM (original equipment manufacturer) is anticipated to dominate the market with more than 93% market share during the forecast period. Impact of Covid-19 on Middle East & Africa automotive turbocharger Market: The COVID-19 pandemic was the fourth crisis to hit the Middle East and Africa region in the decade following the Arab uprisings, the 2014-16 drop in oil prices and the 2019 resurgence of protests. However, this outbreak differs from other crises because of its heavy impact and distributional consequences. Due to work from home and social distancing norms, many developers and manufacturers across the region were forced to pause production. This temporary halt in the supply chain has impacted the overall growth by a large amount. On the bright side, this pandemic has changed consumer preferences, which is expected to boost the demand for turbochargers across the region. This will propel the overall market growth in the Middle East and Africa region. Major Companies present in the market: Garrett Motion Inc., Cummins Inc., Borgwarner Inc., Continental AG, Ishikawajima-Harima Heavy Industries Co., Limited, Mitsubishi Heavy Industries Limited, Turbo Energy Private Limited, Hunan Tyen Machinery Co., Ltd., Rotomaster International, BMTS Technology GmbH & Co. KG, FengchengXindongli Turbocharger Co., Limited, Bullseye Power Turbo Chargers LLC., The Turbo Engineers Gmbh, KompressorenbauBannewitz GmbH, Magnum Performance Turbos, Inc., Precision Turbo & Engine Inc. , Turbonetics, Inc., Ningbo Motor Industrial Co., Ltd, Marelli Corporation and Banks Power

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Kripa Shah

Senior Analyst

Considered in this report • Geography: Middle East & Africa • Base year: 2021 • Estimated year: 2022 • Forecast year: 2027 Aspects covered in this report • Middle East & Africa Automotive Turbocharger market with its value and forecast along with its segments • Country-wise automotive turbocharger market analysis • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation Countries covered in the report • Iran • Turkey • South Africa

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Types of Technology in the report: • Variable Geometry Turbocharger • Wastegate Turbocharger • Electric Turbocharger By Vehicle Type in the report: • Passenger Vehicle • Commercial Vehicle Type of Fuel in the report: • Gasoline • Diesel Type of Sales Channel in the report: • Original Equipment Manufacturer • Aftermarket The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and listing out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, annual report of companies, analysing the government generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducted trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers in regional aspects, tier aspects, age group, and gender. Once we have primary data with us we have started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to automotive turbocharger industry, government bodies and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.