North America Turbocharger Market Size, Share, and COVID-19 Impact Analysis, By Technology (Variable Geometry Turbocharger (VGT), Wastegate Turbocharger, Twin-Turbocharger, and Electric Turbocharger), By Application (Automotive, Aerospace & Defense, Marine, Others), and North America, Turbocharger Market Insights, Industry Trend, Forecasts to 2035.

North America Turbocharger Market Insights Forecasts To 2035

• The North America Turbocharger Market Size Was Estimated at USD 4.25 Billion in 2024
• The Market Size is Expected to Grow at a CAGR of Around 3.84 % from 2025 to 2035
• The North America Turbocharger Market Size is Expected to Reach USD 6.43 Billion by 2035

According to a Research Report published by Spherical Insights & Consulting, the North America Turbocharger Market is Anticipated To Reach USD 6.43 Billion by 2035, Growing at a CAGR of 3.84 % from 2025 to 2035. Increasing investments in research & development to improve turbocharger performance, the growing need for fuel-efficient engines, and developments in hybrid and electric vehicle technologies are all factors that present opportunities in the North America turbocharger market.

Market Overview

The geographical sector engaged in the design, research, production, distribution, and retailing of turbochargers, mainly for use in industrial and automotive engines, is known as the North America turbocharger market. Increased air intake into the combustion chamber improves power output and fuel efficiency while lowering emissions. Turbochargers are forced induction devices that improve engine performance and efficiency. The uses in this industry are diverse and include off-highway vehicles, passenger cars, commercial vehicles, and marine engines.  

Increased sales of gasoline-powered passenger cars and stricter pollution regulations are the main drivers of the North America turbocharger market, and improved engine performance and fuel economy can drive industry growth. Therefore, it is believed that two of the primary factors driving the expansion of the North America turbocharger market are improved engine performance and efficiency. The primary driver of turbochargers' ongoing proliferation is manufacturers' growing need to adhere to environmental pollution regulations.  

Report Coverage

This research report categorizes the market for North America turbocharger market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America turbocharger market. Recent market developments and competitive strategies, such as expansion, product launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the North America turbocharger market.   

Driving Factors

Stricter environmental restrictions, increased demand for high-performance and fuel-efficient automobiles, and engine technology developments are driving the market in North America. Improved engine performance, fuel economy, and government policies encouraging engine reduction are important motivators. Electric turbochargers are becoming more and more popular they reduce turbo lag and increase fuel efficiency. Consumers' main concern is fuel economy as a result of the present daily spike in fuel prices caused by the limited supply of gasoline.  

Restraining Factors

High production and installation costs, integration challenges, and the increasing use of electric vehicles, which is lowering the demand for internal combustion engines, are the main factors restricting the North America turbocharger market.  

Market Segmentation

The North America turbocharger market share is classified into technology and application.

• The variable geometry turbocharger segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. 

The North America turbocharger market is segmented by technology into variable geometry turbocharger (VGT), wastegate turbocharger, twin-turbocharger, and electric turbocharger. Among these, the variable geometry turbocharger segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Moving wall and pivoting vane turbochargers are the two most popular varieties of variable geometry turbochargers. These turbochargers generate the maximum torque and engine power and are also significantly less expensive than other turbochargers.    

• The automotive segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The North America turbocharger market is segmented by application into automotive, aerospace & defense, marine, and others. Among these, the automotive segment held a largest share in 2024 and is expected to grow at a significant CAGR during the forecast period. Increased vehicle manufacturing, stricter emission regulations, and a growing need for high-performance and fuel-efficient engines in both passenger and commercial vehicle classes are all factors contributing to the automotive segment.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America turbocharger market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Eaton
• Cummins
• Honeywell
• Continental
• BorgWarner
• Bosch Mahle
• Garrett Motion
• Precision Turbo
• Mitsubishi Turbocharger
• Others

Recent Developments

• In September 2024, BorgWarner has developed the largest twin turbochargers for passenger vehicles, integrated by General Motors into the Corvette ZR1 V8 engine, delivering 1,064 horsepower and 828 lb-ft of torque. Featuring a patented decoupled ball bearing system, electronic wastegate, and high-temperature protection, the system ensures rapid response, durability, and efficiency.
• In July 2024, Cummins Components and Software (CCS) has introduced the next-generation HE200WG turbocharger for light-duty on-highway and off-highway applications. Designed for 3.8 to 5.3-liter diesel engines, it offers 6–7% efficiency gains, meets global emission standards, and features modular construction, enhanced durability, improved fuel economy, and reduced equipment downtime.

Key Target Audience 

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the North America turbocharger market based on the below-mentioned segments:

North America Turbocharger Market, By Technology

• Variable Geometry Turbocharger (VGT)
• Wastegate Turbocharger
• Twin-Turbocharger
• Electric Turbocharger

North America Turbocharger Market, By Application

• Automotive
• Aerospace & Defense
• Marine
• Others