India may not see a dramatic
increase in the use of turbo chargers in vehicles in the coming years, but yes,
there will be a marginal increase in turbo penetration. There will be an
increase from 46pc in 2014 to 48pc in 2019 reflecting nearly 3 million sales of
turbocharged vehicles. Giving details on the projected sales, Milind Godbole,
Managing Director, Honeywell Turbo
Technologies, India noted that with the
company’s localised engineering and manufacturing capability, “we are
optimistic about the India market.”
Godbole expects turbo
penetration to increase from 46pc in 2014 to 48pc in 2019 reflecting nearly 3
million sales of turbocharged vehicles, with petrol applications increasing in
the mix. Meanwhile, Honeywell Turbo
Technologies, the leading global developer of automotive turbochargers,
released its Global Turbo Forecast that estimates the industry will generate
$12 billion in revenue by equipping 49 million vehicles with turbochargers
annually by 2019. The continued growth of turbocharging technologies will be
driven by requirements for manufacturers to meet global environmental emissions
regulations and bolstered by strong demand in emerging markets.
In a press release, Honeywell
stated that downsized turbocharged engines are a “no compromise solution” for
automakers seeking to satisfy more stringent global fuel economy and emission
regulations and customer demand for better-performing vehicles. Turbochargers
can help downsized engines improve fuel economy as much as 20 to 40pc in gas
and diesel engines, respectively, when compared with larger naturally aspirated
engines and still provide the same or better engine performance. In addition to
improving fuel efficiency, downsized turbocharged engines also reduce harmful
exhaust emissions, the release added.
Systems president and CEO Terrence Hahn stated that continued pressure to improve the
driver experience and meet future industry requirements is spurring the
positive trend seen in this year’s forecast, which include double-digit growth
in both North America and China. He said that the industry is expected to
produce more than 200 million new turbo-equipped vehicles during the next five
years, driving continued demand for well-designed, boosted engines that reduce
fuel consumption and improve vehicle performance.
IHS Automotive Senior Director
for Long Range Planning Philip Gott has been tracking the automotive industry
and the technologies automakers are using around the world to help improve
performance. He stated that during the past decade, turbochargers have moved
from a niche technology in the high- performance market segment to an integral
part of manufacturers’ mainstream emission control and fuel economy strategies.
“Because they are compatible with virtually all engine technologies, they
represent a global growth opportunity, making substantial gains even in the
limited-growth markets of the U.S., Japan and Europe,” Gott added.
As per the projections in
several countries, China would be leading the global turbo growth. The world’s
fastest-growing automotive market is expected to increase turbo penetration
from 23pc in 2014 to 41pc in 2019, thereby doubling the number of turbocharged
vehicles sold each year to more than 13 million. The North American turbo
market is expected to grow by 14pc per year in the next five years to more than
8 million total turbocharged vehicles by 2019, equating to 38 percent of the
Turbo penetration in Europe is
already the highest globally and will grow 2pc by 2019 from 67pc with an
expected 16 million total turbocharged vehicles sold each year. Honeywell has also projected that turbo
penetration will increase by 5pc from 18pc in 2014 to 23pc in Japan, reflecting
annual sales of 1.3 million turbocharged vehicles by 2019.
In Korea turbo penetration is
expected to increase by 3pc from 42pc in 2014 to 45pc, reflecting annual sales
approaching 1 million turbocharged vehicles in 2019. South America turbo
penetration is expected to increase by 7pc from 17pc in 2014 to 24pc,
reflecting annual sales approaching 2 million turbocharged vehicles in 2019.
The Honeywell Global Turbo
Forecast is a proprietary analysis and estimate of automotive industry trends
and is based on comprehensive data received from global vehicle- makers,
third-party analysts and industry experts, added the press release.
Picture of a Honeywell turbocharger, for representation purpose only /
Photograph courtesy Honeywell
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