Honeywell sees significant growth in turbo chargers by 2018

Article by Anita Panait, on October 9, 2013

Honeywell International Inc. expects the use of turbo chargers to boost power in smaller engines to increase quickly over the next five years, with China experiencing the most growth.  Driving this growth is the pressure to cut fuel consumption and tailpipe emissions – a viable solution of which is to reduce engine size.

Terrence Hahn, president and chief executive of Honeywell Transportation Systems, remarked that turbo charging is a no-compromise solution." He said that Turbo chargers force-feed a more compressed air-fuel mixture that burns more efficiently in gasoline and diesel engines, thereby improving performance and acceleration in smaller engines, without compromising fuel efficiency.

Honeywell, which is currently the largest turbo charger maker in the world, expects the devices to be installed on around 40 percent of vehicles sold globally in 2018. The company’s forecast is in line with that of the independent sector, amounting to more than 32 million vehicles.

Hahn said in an interview with Reuters that around a third of those vehicles or around 10 million will be sold in China in 2018, compared to around 4 million this year. Hahn said that by 2018, turbo charged vehicles in North America will number 6.5 million in 2018 from 3.9 million this year.

He remarked that tighter emissions regulations and higher taxes on larger engines in China are additional incentives that would boost growth of turbo chargers in the country, According to Hahn, Honeywell has over 500 new applications expected to reach production within the next 24 months, reflecting the increasing popularity of turbo chargers in major markets.

Topics: honeywell

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