It is predicted that the total turbocharger market demand in China will be 10 million units. In addition , the market size of turbochargers for vehicles will increase by 20% to 30% annually. According to the analysis, turbocharger technology has energy-saving and environmental protection features and is the most mature and economical green power technology on the market.
Globally, automakers are actively adopting turbocharger technology to meet the stringent fuel efficiency and emissions regulations around the world. With the rapid growth of China's auto industry, the turbocharger market has broad prospects.
At present, the basic pattern of the supercharger market in China is that the products produced by the self-owned brand enterprises mainly occupy the middle and low-end markets, and are entering the high-end market. The market share of self-owned brand products has expanded year by year, and the market share of joint venture brands has narrowed year by year.
The advantage of joint venture brand products is their reliability, and independent brand enterprises are working hard to narrow the technological gap. In addition, there is still a gap in brand influence between self-branded companies and joint-venture branded companies, which is one of the reasons why OEMs first choose foreign brands on high-end machines.
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