The Business Research Company’s Automotive Turbocharger Hose Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Turbocharger Hose Global Market Report 2023 evaluates automotive turbocharger hoses market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Request A Free Sample Of The Report (Includes Graphs And Tables):
https://www.thebusinessresearchcompany.com/sample_request?id=12509&type=smp
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 $20.4 billion in 2027 at a CAGR of 10.9%.
The growing production of light commercial vehicles is expected to propel the growth of the automotive turbocharger hose market going forward. A light commercial vehicle (LCV) is any cargo truck with an operational weight under 7.5 tons. In LCVs, turbocharger hoses transfer air to the vehicle’s turbocharger, ensuring optimal engine operation. For instance, in June 2023, according to the Federal Reserve Board, a US-based central banking system, the industrial production of light trucks in the US increased from 8.16 million units in December 2022 to 9.35 million units in May 2023. Therefore, the growing production of light commercial vehicles is driving the growth of the automotive turbocharger hose market.
Get More Information On The Automotive Turbocharger Hose Market Report:
https://www.thebusinessresearchcompany.com/report/automotive-turbocharger-hose-global-market-report
The automotive turbocharger hoses market segments in the report are:
1) By Product: Extruded Charge Air Hoses, Suction Blow Molded Plastic Hoses, Wrapped Charge Air Hoses, Other Products
2) By Vehicle Type: Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Other Vehicle Types
3) By Fuel: Gasoline, Diesel
4) By Distribution Channel: Original Equipment Manufacturer (OEM), Aftermarket
The table of contents in TBRC’s automotive turbocharger hoses market report includes:
5.1. Global Automotive Turbocharger Hose Historic Market Size and Growth, 2017 – 2022, Value ($ Billion)
.
.
.
Learn About Us:
The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
The starter credit cards global market report 2024 from The Business Research Company provides comprehensive…
The school bus global market report 2024 from The Business Research Company provides comprehensive market…
The polyethylene terephthalate (pet) cups global market report 2024 from The Business Research Company provides…
The organic pet food global market report 2024 from The Business Research Company provides comprehensive…
The octadecanedioic acid global market report 2024 from The Business Research Company provides comprehensive market…
The mobile enterprise application global market report 2024 from The Business Research Company provides comprehensive…