MarketsandMarkets said the automotive turbocharger market is projected to grow from USD 15.94 billion in 2026 to USD 22.35 billion by 2033 at a 4.9% compound annual growth rate, driven by demand for higher engine efficiency, lower emissions and stronger performance from smaller engines. The report identifies variable geometry turbochargers as the largest technology segment during the forecast period, passenger cars as the biggest vehicle-type segment, and Asia Pacific as the dominant regional market. It says turbocharging remains central to engine downsizing strategies and is benefiting from wider use of turbocharged gasoline direct injection engines, steady demand from commercial vehicles and off-highway equipment, and advances in electronically controlled and electrically assisted turbochargers that improve boost response and efficiency. The study also points to hybrid powertrains as a growing opening for e-turbo adoption, while noting a global shift in passenger cars away from diesel and toward gasoline, hybrid and other electrified powertrains. Asia Pacific's lead is tied to its large vehicle production base, including 2025 passenger-car output of 30.3 million in China, 7.2 million in Japan, 5.4 million in India and 3.8 million in South Korea, as well as rising adoption of advanced gasoline and hybrid powertrains. MarketsandMarkets lists BorgWarner Inc., Garrett Motion Inc., Mitsubishi Heavy Industry Ltd., IHI Corporation and Cummins Inc. among the top companies in the market.