Turbochargers are driving growth in the aftermarket
The automotive aftermarket turbocharger market is booming, with over 90% of new vehicles now equipped with turbos. This growth is fueled by an aging vehicle fleet and a rise in remanufacturing. Suppliers like Garrett and Bilstein Group are seeing double-digit growth as the number of turbo-equipped vehicles increases. In France, remanufactured turbos dominate, making up 70% of sales due to their lower cost and comparable quality to new parts. However, fierce competition is present, with many players vying for market share. Distributors and repairers must navigate numerous references and suppliers to find quality products at competitive prices. Innovation remains critical, with developments like electric turbos and those optimized for alternative fuels. The market is expected to continue expanding, with more specialized, advanced products.
