The global turbocharger market forecast to be valued at $15,284.7 million by 2028 , surging from $9,153.8 million in 2020 , at a noteworthy CAGR of 6.8% . Analysis of Covid-19 Impact on Turbocharger Market The Covid-19 impact on turbocharger market share has been negative. The imposed lockdown measures across the world affected the automobile industry for the sales of new vehicles, the production as well as transportation of raw materials such as steel that are required in manufacturing of automotive parts got delayed due to the COVID-19, negatively impacting the growth of the turbo charger market. The coronavirus epidemic has enforced the companies in the turbocharger industry for the adoption of new technology during operation such as implementation of predictive analytics to forecast losses accurately and mitigate the impact of COVID-19 on the global turbocharger market. Checkout how COVID-19 Impact on Turbocharger Market. Speak to our Expert Analyst@ https://www.research
Focus on providing precise information and statistics based on the requirements of Business Person is relentless.