Automotive Turbochargers Size, Share, Dynamics Analysis & Forecast 2016-2024

1. Vision Value Visibility Report Code :FB 1002 2016-2024 Global Automotive Turbochargers Market Outlook 2024: Global Opportunity & Growth Analysis, 2016-2024 Download Full Sample Report 99 Wall Street, Suite No:- 527, New York, NY 10005 United States of America +1-646-568-7747 +1-437-886-1181 Office No:- 504, 5th Floor, C-51, BSI Business Park, Sector-62, Noida, PIN:- 201301 India  +44-203-318-6627 +91-120-473-0422, +91-844-785-9968 www.goldsteinresearch.com sales@goldsteinresearch.com Published By: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

2. 1. Executive Summary Fig: 1-2 Global Automotive Turbochargers Market Share(%), By Region-2016-2024 Fig: 1-1 Global Automotive turbochargers Market Size USD (Billion). 2016-2024 Download Full Sample Report XX% CAGR: (2016-2024) Sample Source: Goldstein Research Source: Goldstein Research In 2016,Passenger Cars accounted for the highest market share XX% in Global Automotive Turbochargers Market WithXX%share in 2016, Europe dominated the Global Automotive Turbochargers market Fig: 1-3 Global Automotive turbochargers Market Share(%), By Technology Type-2016 Fig: 1-4 Global Automotive Turbochargers Market Share(%), By Vehicle Type -2016 Fig: 1-5 Global Automotive turbochargers Market Share (%), By Fuel Type -2016 Source: Goldstein Research Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

3. Download Full Sample Report Key Findings Growing Sales of Automobiles • In 2016, twin turbochargers dominated the market; twin turbochargers accounted for nearly XX% of the total automotive turbochargers market and remaining XX% went for other products. Growth in automobile sector, rising concern about fuel efficiency, and stringent carbon emission regulations, are the major factors driving the global automotive turbochargers market. • However, as the vehicle and components sales are on rise (especially in developing countries), the North America automotive turbochargers market is projected to reach USD XXXX million in 2024 from USD XXXX million in 2016, registering a growth rate of XX%. In addition to that, Europe automotive turbochargers market touched USD XXXX million in 2016. As per our survey, averagely XXX thousand new vehicles equipped with turbochargers will sold every year in Europe, also automotive turbochargers market in Europe is anticipated to reach XXX millions by the end of 2024. • In 2016, XX million vehicles where produced globally, with Europe having a market share of XX%. In 2016, Europe showed the largest growth worldwide in terms of market share (XX%). While Germany is the largest vehicle manufacturer in Europe, the Czech Republic and Poland have very high growth rates within the sector. This makes entering the European automotive market a major opportunity for suppliers from developing countries. • The consumption of automotive parts and equipment is linked to the demand of new vehicles, where around XX% of global automotive parts production is for OEM products. The remaining XX% is for aftermarket. This industry’s production and sales are linked directly to the auto industry. In the sub-sectors, the aftermarket supplies of auto parts manufacturing is greater than its OEM supplies Sample Stringent Emission Norms Fuel Efficiency Global Turbochargers Equipped Passenger Car Sales (Million Units) Asia-Pacific North America Technological Advancement XX Million Units 2016 XX Million Units XX Million Units 2024 XX Million Units Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

4. 3. Major Players Presence-Regional Analysis Download Full Sample Report Sample Low Penetration High Penetration Medium Penetration Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

5. 4. Global Automotive Turbochargers Market Size (USD Billion) & Growth Analysis Fig:- 4-1 Global Automotive Turbochargers Market Size (USD Billion)-2016-2024 Fig:- 4-2 Global Automotive Turbochargers Market Y-O-Y Growth (%) Analysis-2016-2024 Download Full Sample Report Sample Source: Goldstein Research Source: Goldstein Research • Global automotive turbochargers market is anticipated to expand at a compound annual growth rate of XX% during the forecast period i.e. 2016-2024. The market is anticipated to reach USD XX Billion by the end of 2024. Further, Global automotive turbochargers sales increased from XXX million units in 2015 to XXX units in 2016, which is likely to reach XXX million units by 2024. • Rising demand of fuel efficient vehicles is the major factor driving the growth of turbochargers vehicles. According to Goldstein's estimate there will be more than XX million vehicles equipped with turbochargers will be running on roads by 2024. Further, turbochargers' penetration in vehicles to grow from XX% in 2016 to XX% by 2024, driven largely by automakers’ focus to improve fuel economy and performance of vehicles. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

6. 4.1. Global Automotive Turbochargers Market Overview, By Region -2016 Fig:- 4-3 Global Automotive TurbochargersPenetration (%), By Top 6 Regions, 2016 Fig:- 4-4 Global Automotive Parts ExportMarket Rankings, By Top 10 Players, 2016 Original Equipment Parts Aftermarket Parts Download Full Sample Report Sample Source: Goldstein Research Source: Goldstein Research • The market share of turbocharging has traditionally been high in Europe, as turbochargers are mostly applied to diesel ICEs. The proportion of vehicles with turbos has increased in the past decade to 2015 in all OECD countries scrutinized here, despite a stabilization of diesel penetration, suggesting that other powertrains are increasingly equipped with this technology, allowing engine downsizing and thus higher energy efficiency. • Globally, the turbocharger market is primarily dominated by three players, namely Honeywell (34 percent), Borgwarner(XX percent) and IHI, Japan (XX percent). Other large suppliers include Mitsubishi Heavy Industries, Bosch Mahle and Cummins Turbo Technologies. Assuming optimal capacity utilisation, ancillaries could enjoy high operating margins (XX percent-XX percent) is the turbocharger manufacturing business. Over the past few years, stringent emission norms and Corporate Average Fuel Efficiency regulation has prompted many global OEMs to start using turbochargers to downsize their engines to meet regulatory norms. Hence, geographies like US, China as well as Japan, have sizable turbocharger penetration despite low diesel vehicle penetration. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

7. 5. Market Dynamics Growth Drivers Growth Barriers Download Full Sample Report Sample General Trend Highly Complex Moderately Complex Waived Adoption Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

8. 5.1.1. Growth Drivers Fig: 5-1 Total Sales of Turbocharger Automobile across the globe (Million Units)-2005-2016 • Growing Sales of Automobiles • Rapid pace of urbanization in growing economies such as China, Brazil, Russia and India. Following regions registered XX% of the global sales of automobile market and also propelled the growth of automotive components market. While vehicle production is expected to grow by XX% until 2024, the share of value added by automotive suppliers is expected to rise from XX% to XX% in 2024. • Besides China, Eastern Europe is considered the most interesting growth market for automobiles. While the registrations grew by XX% between 2012 and 2016, the next years are expected to show growth by XX to XX% in car registrations. The Western European automotive supply market will play a major role within this growth scenario, as many of these cars are produced in Western Europe or Central European factories of EU car manufacturers. The total European market attractiveness will further increase in the next years. • In 2012 it was estimated that automotive industry spent over USD 26 billion on research and development (R&D); about X% of sales. Indeed, the auto industry is the largest European investor in R&D at roughly XX% of the total. About XX% is spent by suppliers who also obtain the majority of patents. Download Full Sample Report Sample • Mitsubishi Heavy Industries to Boost Turbocharger Production Capacity Worldwide, aiming for 10 Million Units/Year Production Structure. • MahleGmbH and Robert Bosch GmbH plan to sell their turbocharger partnership, citing a failure to achieve economies of scale despite strong sales growth. • Honeywell International, launched more than 100 turbocharger applications involving over 20 new technologies in 2014. The company launched these new applications in gasoline, diesel, natural gas, and hybrid powertrains for both light passenger and commercial vehicles • Impact Analysis:- • According to our research, the annual sales of vehicles equipped with turbochargers are predicted to grow from XX million units in 2016 to XX million units by 2024, which equates to XX% increase in sales for all global industry sales. Turbocharger technology represents one of the largest market potential in the automotive industry across the globe. High Medium Low Impact on Automotive Turbochargers Market Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

9. 5.2. Market Restraints • Stringent Product Quality Regulations and Norms to Reduce Carbon Foot Prints • One of the greatest challenges facing global auto parts exporters is the global regulatory environment. Lack of harmonization, coherence and transparency of regulations and standards deeply affect the competitiveness of vehicle and automotive parts manufacturers worldwide. Conforming to two different standards is costly and time-consuming. Until recently, most developing countries have had only limited regulatory requirements, and thus, they accepted virtually any vehicles built at minimal safety and emissions levels. This has made it possible for many companies to export vehicles and products easily to these markets. • In addition to the barriers cropping up from the move toward EU standards, there are recent hints that emerging markets, such as China or India, are developing their own separate regulations. Having even more sets of regulatory standards will only make it harder to export to other markets and certainly raise the cost of doing business. • Moreover, Automotive industry is facing major challenges from government stringent laws to reduce carbon foot prints and to increase fuel efficiency of vehicles. To overcome the challenges major automotive component manufacturer are spending huge amount of capital on product innovation. Drive-shaft being the major part of drivetrain system of vehicle, automotive component suppliers introduced innovative technology such as carbon composite drive-shaft in order to improve performance and to reduce weight of the turbochargers.   Fig: 5-2 Global Annual Sales of Electric Vehicles(Million Units)- 2011-2016 Download Full Sample Report Sample Source: Goldstein Research • Impact Analysis:- • Vehicle efficiency and carbon emission reduction regulations are becoming more stringent and, thereby, continuing to push manufacturers to increase their level of investments. Most have been focusing on reducing weight and advancing engine & Powertrain technologies. • Dramatic cost reductions over the last few years have significantly reduced all plug-in vehicle production costs and resulted in growing market for battery electric vehicles, which is likely to throttle the growth of conventional turbochargers market growth. Fig: 5-3 Concentration of Plug-in cars registered per 1000 people, Top European countries Compared with U.S and California (2016) High Medium Low Impact on Automotive Turbochargers Market Source: Primary Source Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

10. 5.3 Global Automotive Turbochargers Market Opportunity, 2016-2024 • The major turbocharger suppliers – Honeywell, BorgWarner, Mitsubishi Heavy and IHI – are looking to capitalize on the growth opportunities as other big suppliers look to make a move into the sector. New players Bosch-Mahle and Continental are together expected to take around a XX% global market share for turbochargers by 2017. • Additionally, the turbochargers market has witnessed strong growth in agricultural machinery segment owing to growing sales of agricultural equipment and tractors in growing economies and Europe. • Volkswagen plans to completely replace conventional gas engines for US models with turbocharged gas and diesel powertrains over the next three or four years. The automaker plans to replace its three remaining naturally aspirated or conventional gas engines – a five-cylinder 2.5-litre and two six-cylinder variants – with turbocharged engines. Toyota and Subaru outlined plans in November to roll out vehicles featuring downsized turbocharged engines starting in 2014. Toyota currently has no turbocharged vehicles in its line-up, but will use these engines across its portfolio, with possible displacements between 1.0 and 1.5 litres. • Over the next five years, the Middle East and Africa (MEA), a laggard, relatively unmotorized region, will likely see strong and consistent automobile sales growth; the biggest improvements are expected in Iran, Egypt, South Africa, and Nigeria. Along with this growth, automaker factory activity in the region will increase significantly. By 2021, nearly XX million cars will be built yearly in the MEA, an output increase of about XX percent. BIG PREDICTIONS for HEAVY DUTY VEHICLES The truck parts aftermarket will cross the USD XX billion (manufacturer level) across the globe by 2024 Parts eCommerce will likely account for X to X% of the TRUCK AFTERMARKET by 2024 The OES (Original Equipment Service) channel will gain a market share of X to X% on the strength of its private labels and telematics penetration Download Full Sample Report Sample Source: Goldstein Research Fig: 5-4 Automotive Turbochargers Exports Volume (million units) in Global Automotive Turbochargers Market , 2016-2024 XXX 2024 XXX 2016 Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

11. 6.1. Global Automotive Turbochargers Market Share(%) - By Vehicle Type, 2016-2024 Key Findings Fig: 6-1 Global Automotive turbochargers Market Share, By Vehicle Type, 2016-2024 • The global automotive components industry generates more than USD XX billion in revenue per year in which automotive turbochargers share more than XX% of the total industry revenue. The North American market had an estimated size of more than USD XX billion in 2016. • Passenger vehicle turbochargers market hold the largest revenue share owing to the huge market of passenger vehicles across the globe, which is likely to grow at CAGR of XX% over the forecast period. Asia Pacific being the largest automobile manufacturer globally also posses the fastest growth rate for turbochargers industry. • Despite all the current difficulties in the BRIC countries, the truck markets in these regions are likely to offer many opportunities and a CAGR of +XX% until 2024. Their share in the global market will increase from XX% in 2016 to XX% in 2024. 2024 2016 Sample Source: Goldstein Research Fig: 6-3 Global Automotive turbochargersMarket Y-O-Y Growth, By Vehicle Type, 2016-2024 Fig: 6-2 Global Automotive turbochargersMarket Size (USD Billion), By Vehicle Type-2016-2024 Download Full Sample Report Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

12. 6.2. Global Automotive Turbochargers Market Size (USD Billion) By Top 10 Countries, 2016-2024 Download Full Sample Report Sample Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

13. 6.3. Global Automotive Turbochargers Market Attractiveness and BPS Analysis by Vehicle Type, 2016-2024 Fig: 6-7 Global Automotive turbochargersMarket Attractiveness-By Vehicle Type, 2016-2024 Fig: 6-8 Global Automotive turbochargersMarket BPS Analysis- By End Users, 2016-2024 Download Full Sample Report Sample Passenger Cars Light Commercial Vehicles Heavy Commercial Vehicles Source: Goldstein Research Source: Goldstein Research • According to Goldstein Research, passenger cars and light commercial vehicles acquired the largest portion of market revenue while turbochargers for passenger car tends to grow at the faster pace during the forecast period. While the Europe leads all markets in manufacturing of turbochargers equipped passenger cars and heavy commercial vehicles at XX million and XXX million respectively, followed by the Asia Pacific and North America as the largest automobile and components manufacturer across the globe.  • Automotive turbochargers market is expected to witness decline in passenger cars segment as the conventional passenger cars share is likely to be eaten up by the electric vehicles, which is likely to decline the market share of turbochargers in passenger cars segment. However, passenger cars is projected to be the most lucrative segment for the automotive turbochargers market growth. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

14. 7.1. North-America Automotive Turbochargers Market Size (USD Billion) & Y-O-Y growth (%),2016-2024 Fig: 7-2 North-America Automotive Turbochargers Market Share By Vehicle Type, 2016-2024 Fig: 7-1 North-America Automotive Turbochargers Market Size(USD Billion)-2016-2024 Download Full Sample Report Sample XX% 2024 2016 CAGR: (2016-2024) Source: Goldstein Research Source: Goldstein Research Fig: 7-4 North-America Automotive Turbochargers Market Share (%), By Vehicle Type-2016-2024 Fig: 7-3 North-America Automotive Turbochargers Market Share (%), By Country-2016-2024 Source: Goldstein Research Source: Goldstein Research Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

15. 7.1.1. U.S. Automotive Turbochargers Market Size (USD Billion) & Y-O-Y growth (%), 2016-2024 Fig: 7-5 U.S. Automotive turbochargers Market Size (USD Billion). 2016-2024 Fig: 7-6 U.S Automotive turbochargers Market Y-O-Y Growth Rate, 2016-2024 Sample Download Full Sample Report XX% CAGR: (2016-2024) Source: Goldstein Research Source: Goldstein Research • As the second-fastest-growing global market, North America’s turbo market will grow by XX percent per year in the next five years to more than 8 million total turbocharged vehicles by 2024, equating to XX percent of the market. General Motors has more than doubled U.S. sales of vehicles with turbocharged engines from about XXX thousand units in 2011, or less than XX% of U.S. sales, to XXX thousand units in 2016, or XX percent. That increase reflects significantly expanded penetration of turbochargers in GM's car models, to XX percent of car sales in 2016, up from just X percent in 2010. • Driving the down-sizing and turbo revolution are federal fuel economy regulations that will require automakers to have fleets that achieve 54.5 miles per gallon by 2025 will significantly boost the growth of automotive turbochargers market growth in United States. Goldstein Research forecasts that turbocharged engines will represent XX percent of production for United States by 2024, up from an expected XX percent in 2016. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

16. 7.1.2. North America Automotive Turbochargers Market Attractiveness and BPS Analysis - By Country, 2016-2024 Fig: 7-8 North America Automotive Turbochargers Market BPS Analysis- By Country, 2016-2024 Fig: 7-7 North America Automotive Turbochargers Market Attractiveness-By Country, 2016-2024 Download Full Sample Report Sample Source: Goldstein Research Source: Goldstein Research Canada US • According to the above graph, US automotive turbochargers market is anticipated to be the most attractive market across all the countries in overall automotive turbochargers market, for new entrants looking to enter in the market, existing players looking for business expansion and investors seeking investment opportunities over the forecast period i.e. 2016-2024 • Huge investment has been made in turbocharger technology by the major OEMs because of the rapidly cumulative uptake of turbo technology by auto manufacturers. Turbocharged vehicles are expected to witness around XX% of new vehicle registrations by 2024 in the United States. Major automotive turbochargers are already taking initiatives to expand their business in high potential North American markets. For instance, In the U.S., MHI is currently in the process of establishing a local turbocharger production facility in Indiana in the form of a production plant of Mitsubishi Engine North America, Inc. (MENA), a wholly owned engine and turbocharger marketing subsidiary serving North America, Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

17. 8. Porter’s Five Force Model Download Full Sample Report Customer cannot easily switch to substitute products. So substitutes are not a threat to your company. When there are actual and potential substitute products available then segment is unattractive. Profits and prices are effected by substitutes so, there is need to closely monitor price trends. In substitute industries, if competition rises or technology modernizes then prices and profits decline. The Barriers to Entry are high which means that it will be tough road for outside companies to enter the industry. New entrant is require to offer the innovative and distinguish service or product in order to make place in the competitive space, only such a player tends to establish its market presence . Sample Threat of new entrants Bargaining Power of buyers Bargaining power of suppliers Threat of substitute products or services • Intensity of competition among the existing competitors in the market. Intensity of rivalry depends on the number of competitors and their capabilities. Industry rivalry is high when: • There are number of small or equal competitors and less when there’s a clear market leader. • Customers have low switching costs • Industry is growing • Exit barriers are high and rivals stay and compete • Fixed cost are high resulting huge production and reduction in prices The power of Buyers is low and they are not able to negotiate for better pricing. However on the supplier side, the power of Suppliers is moderate to high as there are limited supplier for a particular product and these causes, for companies to compete on price when they do not have any point of differentiation. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

18. 9.1.1. Toyota Industries Corporation ( Company Overview) Download Full Sample Report Founded 1926 Website www.toyota-industries.com Employees 51,458 Headquarters Japan Company Overview • Toyota Motor Corporation is a Japanese automotive and material handling equipment manufacturer headquartered in Toyota, Aichi, Japan. • The Company is traded on the New York Stock Exchange(NYSE) • Toyota was the largest automobile manufacturer in 2012 (by production) ahead of the Volkswagen Group and General Motors. • The Industrial Vehicle segment provides forklift trucks, warehouse equipment, automatic warehouse, vehicles for high-place work. • Lift trucks, which capture the top global market share*, are delivered to customers around the world under the TOYOTA, BT, RAYMOND and CESAB brands. Business Strategy • Improves quality control structure and globalization: The company has adopted various methods to enhance their manufacturing structure which helps the company to improve the quality of their automobile products. Moreover, the company is looking forward towards expansion of globalization. Toyota Motors adopted Toyota Global Vision in 2011 to improve the quantitative expansion across the globe. The company is investing a huge amount for research and development activities to introduce the future of material handling equipment such as hydrogen powered forklifts and automated guided vehicles. The company spend USD 588.11 Million in 2016 for research and development of their products and services. Toyota motors is one of the largest automobile and material handling equipment manufacturer across the globe and expected to lead other global companies in near future. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

19. 9.1.2. Toyota (Revenue & Financial Analysis) Download Full Sample Report Fig :- 9-1 Toyota Industries Corporation Revenue (USD Billion), 2014-2016 Key Takeaways • In material handling equipment market, an increase in sales in Europe, North America and Japan Compensated weaker sales in China and drove continued growth globally. • As a result, unit sales of lift trucks for year 2016 increased XX units or XX% to a total of XX units over the year 2015. Consequently, net sales increased USD XX billion or XX% to USD XX billion. • Expect for Russia and some other countries, European Economies in Fiscal 2016 registered mild growth and posted sales of XX units up XX% from the previous fiscal. Source: Annual Report Source: Annual Report Source: Annual Report Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

20. 9.1.3. Toyota (Revenue Split & Recent News) Fig :- 9-4 Toyota Industries Corporation Revenue (%)-By Business Segments, 2016 Fig :- 9-5 Toyota Motors Revenue (%), By Region, 2016 Download Full Sample Report Source: Annual Report Source: Annual Report Key Findings • Toyota Industries Corporation (TICO) has signed an agreement to acquire Vanderlande – the global market leader for value-added logistic process automation at airports and in the parcel market, as well as being a leading supplier for warehouses – from the company’s current owner NPM Capital • Toyota Industries Corporation announces that it has concluded an agreement with major North American materials handling systems integrator Bastian Solutions LLC (“Bastian”) to acquire the company. The acquisition of Bastian signify Toyota Industries' full-scale entry into the North American materials handling solutions industry amid the e-commerce boom. • To expand company’s presence in emerging countries, Toyota Industries acquired the lift truck business of Taiwan-based Tailift Co., Ltd. In August 2015. By capitalizing on Tailift’s strength, company aimed to increase its sales in emerging c9oountries where market expansion is expected over the medium to long term. Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

21. 10. Expert Analysis Expert Analysis Download Full Sample Report • In 2016, diagnostic laboratories dominated the market; nursing homes/clinics and hospitals segment accounted for nearly XX% of the total Asia-Pacific & Africa point of care testing (POCT) devices market and remaining XX% went for different end-use segments such as homecare settings. The main reason for this despaired share is due to the rising demand for point of care testing devices in diagnostic laboratories on the back of their advantages such as faster and precise results • However, as the medical device technology is on rise (especially in developing countries), the Africa therapeutic market is projected to reach USD XXXX million in 2023 from USD XXXX million in 2016, registering a growth rate of XX%. In addition to that, Africa pharmaceutical market touched USD XXXX million in 2016 and rising demand for prescription medicines in the region is expected to accelerate the market to USD XXXX million by the end of 2023 • As a result, if seen from the big market point of view, blood glucose monitoring devices demand is higher in homecare settings followed by diagnostic laboratories. Moreover, the rising healthcare expenditure in Africa on the back of new healthcare reforms and rising investment in healthcare sector is expected to bolster the growth of point of care testing devices in Africa & Asia-Pacific region • With USD XXXX million in 2016, blood glucose monitoring devices has the highest demand followed by located hemoglobin (HbA1c) testing devices and blood collection devices. The advancement in diagnostic devices are encouraging the hospitals and diagnostic laboratories to adopt the advanced devices to obtain accurate diagnosis data. The precise data would further help the physicians to provide better treatment to the patients • Further, increasing spending by government authorities on research and development of innovative and advanced medical devices along with rising disease burden are some of the major reasons behind the spiked growth of Asia-Pacific & Africa point of care testing (POCT) devices market • Further, increasing spending by government authorities on research and development of innovative and advance connected devices along with rising disease burden are some of the major reasons behind the spiked growth of Middle East & Africa Automotive turbochargers market. Sample Copyright All Rights Reserved, Goldstein Research www.goldsteinresearch.com

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