The Automotive Turbocharger Hose Global Market Report 2023, provides comprehensive information on the automotive turbocharger hose market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Automotive Turbocharger Hose Global Market Report 2023, the global automotive turbocharger hose market is expected to grow from $12.04 billion in 2022 to $13.51 billion in 2023 at a compound annual growth rate (CAGR) of 12.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, causing inflation across goods and services effecting many markets across the globe. The automotive turbocharger hose market is expected to reach $20.4 billion in 2027 at a CAGR of 10.9%.
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Product innovations are a key trend gaining popularity in the automotive turbocharger hose market. Major companies operating in the automotive turbocharger hose market are focused on developing new products to sustain their position in the market. For instance, in May 2023, NRF, a Netherlands-based motor vehicle manufacturing company, launched a new range of turbo hoses, offering a wide selection of 282 references for passenger cars and light commercial vehicles. The vehicle’s layout determines the number and placement of turbo hoses, with at least four hoses used in the charge air cooling system. These hoses connect the intercooler, turbocharger, and intake manifold. The installation of the hoses is simplified with the included clamps, making it easy and efficient for workshops to install suitable hoses quickly. The Easy Fit range of turbo hoses provides a convenient solution for seamless hose replacement.
The automotive turbocharger hose market is segmented:
1) By Product: Extruded Charge Air Hoses, Suction Blow Molded Plastic Hoses, Wrapped Charge Air Hoses, Other Products
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Other Vehicle Types
3) By Fuel: Gasoline, Diesel
4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
Europe was the largest region in the automotive turbocharger hose market in 2022.
The table of contents in TBRC’s automotive turbocharger hose market report includes:
- Executive Summary
- Automotive Turbocharger Hose Market Characteristics
- Automotive Turbocharger Hose Market Trends And Strategies
- Automotive Turbocharger Hose Market – Macro Economic Scenario
- Global Automotive Turbocharger Hose Market Size and Growth
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- Global Automotive Turbocharger Hose Market Competitive Benchmarking
- Global Automotive Turbocharger Hose Market Competitive Dashboard
- Key Mergers And Acquisitions In The Automotive Turbocharger Hose Market
- Automotive Turbocharger Hose Market Future Outlook and Potential Analysis
- Appendix
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