Automotive Turbocharger Hose Market to hit $3 Bn by 2027; Global Market Insights, Inc.
Some of the major automotive turbocharger hose market participants are Bugiad, Gates Corporation, Solvay, Ferdinand Bilstein GmbH + Co. KG, MEGAFLEX LIMITED, and WACKER Chemie AG.
Selbyville, Delaware, Feb. 01, 2021 (GLOBE NEWSWIRE)
Global Market Insights, Inc. has recently added a new report on the automotive turbocharger hose market which
estimates the market valuation for automotive turbocharger hose will cross US$ 3 billion by 2027. The market is anticipated to witness a high growth rate owing to the rapid increase in the adoption of fuel-efficient passenger vehicles in various economies including the U.S., China, Germany, the UK, and France. The OEM manufacturers focus on integrating fuel-efficient engines into vehicles to ensure effective performance. Moreover, the availability of turbocharger hose supporting various vehicle models will propel market growth over the forecast timeline.