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
