Europe Turbocharger Market Size & Share 2025 – 2034

Europe Turbocharger Market Size

The Europe turbocharger market size was valued at USD 7.8 billion in 2024 and is projected to grow at a CAGR of 4.6% between 2025 and 2034. An increasing number of automobile manufacturers putting turbocharged engines in their vehicles drives the market growth. Manufacturers implement this change because it helps satisfy strict emission standards and improvements in fuel efficiency. According to ACEA, the European market achieved 45% turbocharger installation in new car sold in 2023.

The market expansion accelerates due to increasing shipments of electric turbochargers in hybrid vehicles. Auto manufacturers combine progressive turbocharging innovations which boost performance levels and minimize environmental emissions during vehicle operation. In July 2024 the HE200WG turbocharger became commercially available through Cummins Components and Software (CCS) to offer solutions for stringent emission standards.
 

The European turbochargers market experiences growth primarily because of the increasing aftermarket business. The number of old vehicles continues to grow thus leading to rising replacement needs for turbochargers in Germany and France in addition to UK. Strategic acquisitions now take place due to the regional developments. The sustainable manufacturer BBB Industries announced in May 2023 that its wholly owned subsidiary Budweg Caliper purchased Polish turbocharger manufacturer Inter-Turbo. The purchase of Inter-Turbo reinforces BBB’s European territorial presence after its previous acquisition of Budweg during 2022 along with multiple other companies from the same region.
 

Europe Turbocharger Market Trends

• Automakers are putting more effort into Variable Geometry Turbochargers (VGT) and electric turbochargers to optimize engine performance, fuel consumption, and emissions control. These technologies assist in airflow optimization and reducing turbo lag which improves the overall driving experience. For example, in October 2023, Accelleron and METIS Cyberspace Technology collaborated to boost predictive servicing analytics to turbocharger maintenance, which would improve operational efficiency.
   
• This partnership illustrates a significant shift toward the adoption of digitalization in turbocharging technology which enables manufacturers to improve dependability and decrease the amount of time spent in unplanned downtimes.
   
• There has been a sharp increase in demand for replacement turbochargers because of a considerable number of vehicles aging, which in turn, is stimulating aftermarket growth.
   
• Companies are expanding their offerings by modernizing materials and processes to enhance component robustness and operational efficiency. For example, in February 2024, BORG Automotive launched 28 new turbocharger models covering over 1,226 vehicle applications throughout Europe. The aftermarket business is gaining strength in Europe.
   
• Despite the growing expansion of the market, turbochargers are still costly parts that require accurate engineering and careful maintenance to work properly. The use of new technologies in turbocharging also increases the production costs, which is an issue for consumers with lower budgets.
   
• Furthermore, the combination of the cost factor and the need for specialized servicing skilled personnel poses a barrier for many markets. These obstacles are being resolved by the industry through more economical designs and investing in technician education to solve the skill gap surrounding turbocharger servicing and maintenance.
   

Europe Turbocharger Market Analysis

Based on the fuel, the turbocharger market is segmented into gasoline and diesel. In 2024, the gasoline segment held a market revenue of over USD 4 billion and is expected to cross USD 6 billion by 2034.
 

• The sector for gasoline turbochargers is growing steadily as the manufacturers are increasingly using smaller and more powerful turbocharged engines to help reduce fuel consumption and CO₂ emissions. As an example, the European Parliament set new regulations on CO₂ emissions in 2023 to strengthen the performance standards for passenger vehicles which account for approximately 12% of the total EU CO₂ emissions.
   
• The European automobile industry is witnessing a rise in the sales of direct-injection gasoline turbocharged engines among compact and mid-sized vehicles because of fuel efficiency over other alternatives such as naturally aspirated engines.
   
• The demand is also bolstered by an increased adoption of turbocharged gasoline engines in hybrid vehicles because these systems power up an electrified powertrain while increasing efficiency. According to the ACEA, turbochargers are expected to be installed in 40% of all new vehicles sold in Europe with intensifying adoption of twin turbocharged engines by end of 2025.
   
• Turbochargers still remain ubiquitous on diesel engines fitted on commercial vehicles, heavy-duty trucks and variety of industries due to their high fuel efficiency and torque capabilities that are imperative for long journeys. As the Astute Analytica report suggests, approximately 65% of euro region newly purchased passenger vehicles are outfitted with turbocharged engines, a trend which emerged after stringent emission regulations were enacted along with a growing population interested in economical vehicles post Euro 6 compliance.
   
• Additionally, advanced turbo diesel engines are in compliance with the strict Euro VI and future emission regulations because of the addition of Selective Catalytic Reduction (SCR) and Diesel Particulate Filters (DPF).
   

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Based on the end use, the Europe turbocharger market is divided into OEM and aftermarket. The OEM segment held a major market share of around 81% in 2024 and is expected to grow significantly over the forcast period.
 

• Automakers are using advanced turbocharging technologies to comply with strict emission laws and enhance fuel efficiency. The goal of the European Union to reduce CO₂ emissions has increased the use of turbochargers, especially in advanced downsized engines. According to European Automobile Manufacturers Association (ACEA) report of 2023, about one in five of the newly registered commercial vehicles in Germany were electric turbocharged vehicles, marking a new trend supported by state subsidies for environment-friendly transport options.
   
• As car owners looking to replace their turbine units in a more economic way, the turbocharger aftermarket segment is opening up as well. The rise of remanufactured turbochargers is particularly significant, offering affordability without compromising performance. For example, NRF’s new product line in 2023 included tubular turbo hoses, covering a market gap and aiding business strategies focusing on expansion. The offering contains 282 items related to passenger and light commercial vehicles.
   
• The use of turbochargers is still relevant in trucks, buses and construction heavy machinery for fuel efficiency and high torque. However, turbocharging systems will have to be updated for the new Euro VI emission requirements and other new regulations which are essential for the sustainability of the commercial transport vehicle market.
   
• Car manufacturers have boosted the global appeal of advanced comprehension systems. The insertion of Twin turbo or electric systems serves to not only maximize power output, but the responsiveness and efficiency of the car is also retained.
   

Based on technology, the Europe turbocharger market is segmented into Variable Geometry Turbocharger (VGT), wastegate turbocharger, twin-turbocharger, and electric turbocharger. Variable geometry turbocharger segment dominated the market and accounted for over USD 2.5 billion in 2024.
 

• Dynamic airflow of Variable Geometry Turbos (VGT) are becoming a essential element of advanced diesel and petrol engines for their power transmission and fuel efficiency at different speeds. Their use is ideal in passenger vehicles, commercial vehicles, and even performance vehicles making them a convenient  option.
   
• Due to their cost effectiveness, wastegate turbochargers are quite popular among novice turbo vehicles. Even though these models are simpler in design than variable geometry turbochargers, they have a significant place in affordable compact and midsized passenger automobiles.
   
• The demand for twin-turbo systems is increasing, particularly in luxury and performance vehicles. The popularity of such systems in premium sedans and sports cars results from significantly faster throttle times and improved power delivery.
   
• Electric turbochargers are being integrated into vehicles to eliminate turbo lag and provide an instant boost. Mild hybrids and high performance applications are best suited for these systems to help transition to an electrified powertrain.
   
• The technology of sequential turbocharging employs multiple turbochargers working at different RPMs in high performance diesel engines and commercial vehicles in an attempt to enhance fuel efficiency and acceleration. It is more commonly found in high performance and commercial diesel engines.
   
• New turbochargers specially optimized for hydrogen fuel are being developed along with Hydrogen Internal Combustion Engines (H2-ICE). These systems increase combustion efficiency and facilitate the decarbonization of internal combustion engines.
   
• There is a growing interest in the hybrid design that incorporates both turbocharging and supercharging, especially in supercars. This system ensures throttle response is instantaneous while maximizing power output, making it ideal for motorsports and specialty industrial engines.
   

Western Europe dominated the global Europe turbocharger market with a major share of over 40% and Germany leads the market in Western division generating revenue of USD 686.4 million in 2024.
 

• Germany’s strong automotive sector that is focused on innovation and performance makes it one of the renowned leaders in the European turbocharger market. Also, the incorporation of more fuel-efficient turbo charged systems by the major automakers is attributable to the stringent emission norms in place. For instance, new sales of EU vans increased by 8.3%, as reported by European Automobile Manufacturers Association (ACEA), with a total of 1,586,688 units. Spain registered the highest increase of 13.7%, while Germany, France and Italy stood at 8.4%, 1.1% and 0.9% respectively.
   
• Strong demand exists for gasoline turbochargers in the passenger vehicle segment as manufacturers focus on turbocharged engines for greater performance and compliance with EU6 and EU7 regulations.
   
• In addition, the German government has made leaps towards electric mobility which in turn helps support the modern hybrid and electric vehicles that are being developed with turbochargers, planning for a better future in the automotive industry for Germany. For example, the German government invested USD 1.6 billion towards initiatives for electric mobility such as infrastructure and the deployment of electric vehicles, with a goal of 15 million vehicles on the road by the year 2030.
   

The U.K. turbocharger market in Northern Europe is expected to experience significant and promising growth from 2025 to 2034.
 

• Turbochargers can now be integrated into models in the UK owing to the increasing focus on improving vehicle emission standards within the country. The market for turbochargers is driven by UK automakers enforcing laws that make it mandatory to adopt such technologies.
   
• The growth of the Electric Vehicle (EV) market is also influencing the turbocharger landscape because new hybrid vehicles are fitted with turbocharging units in patterns of low fuel usage. As per Statista, the unit sales of electric vehicles market in the UK is forecasted to grow up to 703.60 thousand vehicles in 2029.
   
• Moreover, the aftermarket boom in UK is further led by the increasing replacements and upgrades of turbochargers as car owners try to modify and prolong the life of their vehicles.
   

The Italy turbocharger market in the Southern Europe is anticipated to witness lucrative growth between 2025 and 2034.
 

• The turbocharger market in Italy is highly fragmented and consists of vehicles ranging from hatchbacks to sedans, and supercars. Turbocharger systems are fitted in all classes, particularly in those geared towards performance. According to ACEA European automobile manufacturers association) statistics, 2023 represented a benchmark year due to the soaring of new car registrations, where 48% of them were SUVs Italy.
   
• Policies issued by the Italian government to promote eco-sustainable mobility is fueling the turbocharged engine business, as performance and stringent emission regulations can be simultaneously met by these engines.
   
• Moreover, Italy is witnessing growth in the aftermarket of turbochargers. Many companies are marketing remanufactured parts and performance upgrades to both consumer and commercial vehicle segments. This change indicates increasing awareness among the vehicle owners with respect to the advantages of servicing and upgrading their turbocharging systems.
   

The Poland turbocharger market in Eastern Europe is expected to experience significant and promising growth from 2025 to 2034.
 

• Poland's automotive sector is also booming due to more and more car manufacturers setting up plants in the country. Consequently, these changes have ushered in a growth in demand for turbocharging technologies as manufacturers focus on improving the engine performance and efficiency. As per European Automobile Manufacturers Association (ACEA) in their 2023/24 European Vehicle Market Statistics, Poland had the largest stock of goods vehicles at 18.0% of the EU fleet in 2023.
   
• In addition, the growing number of compact and sub-compact cars which make use of turbocharged gasoline engines are on the rise to satisfy the growing need for economical cars that offers better performance.
   
• Moreover, Poland is an emerging center for the aftermarket parts industry, as an increasing number of companies are focusing on remanufactured turbochargers and replacement parts to meet the demand of the growing vehicle population.
   

Europe Turbocharger Market Share

Top 7 companies of Europe turbocharger industry are Garrett Motion, BorgWarner, BMTS Technology, Mitsubishi Turbocharger and Engine Europe B.V., Continental AG, IHI Corporation, Cummins, collectively hold around 48% of the market in 2024.
 

• Garrett Motion is working to widen its product range by adding turbocharging technologies that increase fuel efficiency as well as decrease emissions. The company intends to utilize its electric turbocharging expertise to satisfy the demand for hybrid and electric vehicles which are becoming more prevalent, thus positioning the company at the forefront of cleantech mobility.
   
• BorgWarner's investment priorities include international expansion and the acquisition of electrification technologies as well as broadening their turbocharger portfolio to fit the growing need for sustainable transportation. By working more closely with OEMs, BorgWarner is applying innovation and imagination to provide new turbo charging technology for the advanced internal combustion and electric hybrid vehicles.
   
• Cummins is improving its position in the turbocharger market through vertical integration by adding new products that meet the needs for clean and efficient powertrains. The company aims to enhance their advanced turbocharging systems that focus on fuel economy and performance to meet emission regulations as well, especially in Europe. These developments would solidify the firm’s market positioning as a leader in sustainable automotive solutions. For example, in November 2023, Cummins completed a six-year project to revamp its European manufacturing plant. The renovation includes a new roof equipped with solar panels, upgraded external walls, flooring, electrical, heating, and ventilation systems, energy-efficient LED lighting, and improved wheelchair accessibility.
   
• BMTS Technology’s focus is to enhance the performance of the turbocharging systems of automobile engines while reducing emissions to meet the market demands. The company is focused on innovation in response to turbochargers with variable geometry and the electric turbocharger due to the increasing requirements of the automotive market, especially in Europe.
   
• Mitsubishi Turbocharger and Engine Europe B.V. focuses on advanced turbochargers targeted for diesel and gasoline engines for maximum performance. The company is elevating its power by enhancing its R&D in developing cutting edge emission controlled, power boosted fuel efficient products for the premium and performance vehicle markets.
   
• Continental AG is focusing on integrating advanced turbocharging technologies that will aid the firm gain a market share in the electric and hybrid vehicle segments while enhancing overall vehicle performance and efficiency. Company is constantly working towards improving their mobility solutions and covering business gaps for ultra sustainable mobility innovation and eco-friendly turbocharging technologies.
   
• IHI Corporation is expanding its turbocharger business by incorporating advanced technologies to achieve better engine efficiency and performance. To further bolster this strategy, the company seeks to penetrate the European’s diverse market by catering to different vehicle types such as passenger cars and trucks while complying with the environmental protection norms.
   

Europe Turbocharger Market Companies

Major players operating in the Europe turbocharger industry include:

• BMTS Technology
• BorgWarner
• BTS Turbo
• Continental AG
• Cummins
• Garrett Motion
• IHI Corporation
• Mitsubishi Turbocharger and Engine Europe B.V.
• Turbo Dynamics
• VEGE Turbo
• Vitesco Technologies
   

Major players are trying to boost their products using advanced technologies like variable geometry and electric turbochargers. This is being done to cater to the rising need for cost-effective and environment-friendly products. Increasing regulatory measures designed to cut emissions are forcing manufacturers to outperform in R&D to devise new turbocharging systems that enhance engine efficiency without avoiding harsh emission laws.  
 

Moreover, by way of important mergers and partnerships, companies are increasing their globalization which allows them to penetrate new markets and improve their technology. The focus on hybrid and electric vehicles during the automotive industry’s ongoing technological shift allows turbocharger manufacturers to produce components that fulfill these new emerging trends.
 

Europe Turbocharger Industry News

• In November 2024, MPNP expanded its collaboration with Mitsubishi Turbocharger and Engine Europe (MTEE) to meet the growing demand for specialized solutions to improve operational reliability and cost-effectiveness. This partnership also illustrates the commitment of MPNP with respect to the Norwegian region’s needs of tailored engine and generator systems.
   
• In September 2024, BorgWarner received the contract for the supply of turbochargers for General Motors Corvette ZR1 sports car platform turbochargers. This is the greatest application of production passenger vehicle twin turbochargers in the competitive market. It was selected because of its previous work in the IndyCar series.
   
• In May 2024, Mitsubishi Turbocharger and Engine Europe B.V. (MTEE) signed a letter of intent with the STORM Group concerning the cooperation in the development of a Dual Fuel Methanol/Diesel Retrofit Kit for inland shipping. This new technology will be marketed by Koedood Marine Group, a STORM subsidiary, which will capitalize on its strong marine marketing contacts.
   
• In December 2023, Garrett Motion unveiled Garrett Marketplace, a new advanced e-commerce site serviced through Garrett Performance. This addresses the needs of racing fans by allowing them to purchase products from Garret’s reputable engineering directly online. While the platform will launch first in the US, it is expected to expand to Europe and Australia in 2025.
   

The Europe turbocharger market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($Mn/Bn) abd shipment (Units) from 2021 to 2034, for the following segments:

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Market, By Fuel

• Gasoline
• Diesel

Market, By Technology

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

Market, By Material

• Cast iron
• Aluminum
• Others

Market, By Application

• Automotive
  • Passenger car
    • Hatchback
    • Sedan
    • SUV
  • Commercial vehicle
    • Light Commercial Vehicle (LCV)
    • Heavy Commercial Vehicle (HCV)
  • Off-highway vehicle
• Aerospace & defense
  • Aircraft engine
  • Military vehicle
• Marine
  • Commercial ship
  • Naval vessel
  • Recreational boat
• Others

Market, By End Use

• OEM
• Aftermarket

The above information is provided for the following regional divisions and countries:

• Western Europe
  • Germany
  • Austria
  • France
  • Switzerland
  • Belgium
  • Luxembourg
  • Netherlands
  • Portugal
• Eastern Europe
  • Poland
  • Romania
  • Czechia
  • Slovenia
  • Hungary
  • Bulgaria
  • Slovakia
  • Croatia
• Northern Europe
  • UK
  • Denmark
  • Sweden
  • Finland
  • Norway
• Southern Europe
  • Italy
  • Spain
  • Greece
  • Bosnia and Herzegovina
  • Albenia