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1Project One Executive SummaryCole Staats.docxrobert345678
1
Project One: Executive Summary
Cole Staats
Southern New Hampshire University
BUS 225: Critical Business Skills for Success
Jennyfer Puentes
November 14, 2022
Project One: Executive SummaryProblem
With the restricted economic activity expected because of the COVID-19 outbreak, and the rise in inflation the revenue for the automobile engine and parts manufacturing industry has been adjusted to decline by 10.9% by the end of 2022 (Pantalon, 2022). Based on the current challenges the automotive industry faces, we must diversify our engine manufacturing and its operations to expand our revenue. In this presentation, I will be using qualitative and quantitative data to explain why I think our company should rapidly explore the ever-evolving and growing popularity of the electric car industry and develop electric motors. I will show the qualitative data which will focus on the industry reports of engine manufacturing inside the automotive industry. The quantitative data that I will provide will estimate the projections for future operations and provide fact-checked historical data on the automotive industry. Automotive Manufacturing Industry
After conducting extensive research into the current automotive industry status, where I focused on the performance and expectations for the industry's future, the 2021 measured revenue of the US car and automobile manufacturing was $75 billion. This is compared to previous years, such as 2020 $69 billion, and in 2019 and 2018 $92 billion (MarketLine 2021). Although we saw a rise from 2020 to 2021 in revenue the automobile manufacturing industry revenue will continue to not keep pace with previous years. As the domestic demand for new vehicles trends higher, three automotive hubs are expected to gain greater traction over the next few years. With that said the US automotive industry is heavily established in the Great Lakes region. This region represents just over 36% of the automobile manufacturers in the US. Some of the most successful automobile making are located here which include the Ford Motor Company, General Motors, and Fiat Chrysler. All these manufacturers are in Michigan which makes up 15% of all automobile manufacturing revenue in the US. With that said there are 2 more regions where automobile manufacturers operate that make up 50% of all us manufacturers' locations. The Regions are the West Region, making up 25.4% of the industry locations, and the Southeast Region, making up 24.6% of the industry locations. After conducting research, the consumer's current mindset is shifting towards a “greener” option for the automobile. This option would have a smaller carbon footprint, providing an increase in producing vehicles that are more environmentally friendly. As a result of this new stance on a “greener” option by the consumer the hybrid and the electric car are gaining popularity and are expected to multiply over the next five years (MarketLine 2018). “In 2025 the North American hybri.
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1Project One Executive SummaryCole Staats.docxrobert345678
1
Project One: Executive Summary
Cole Staats
Southern New Hampshire University
BUS 225: Critical Business Skills for Success
Jennyfer Puentes
November 14, 2022
Project One: Executive SummaryProblem
With the restricted economic activity expected because of the COVID-19 outbreak, and the rise in inflation the revenue for the automobile engine and parts manufacturing industry has been adjusted to decline by 10.9% by the end of 2022 (Pantalon, 2022). Based on the current challenges the automotive industry faces, we must diversify our engine manufacturing and its operations to expand our revenue. In this presentation, I will be using qualitative and quantitative data to explain why I think our company should rapidly explore the ever-evolving and growing popularity of the electric car industry and develop electric motors. I will show the qualitative data which will focus on the industry reports of engine manufacturing inside the automotive industry. The quantitative data that I will provide will estimate the projections for future operations and provide fact-checked historical data on the automotive industry. Automotive Manufacturing Industry
After conducting extensive research into the current automotive industry status, where I focused on the performance and expectations for the industry's future, the 2021 measured revenue of the US car and automobile manufacturing was $75 billion. This is compared to previous years, such as 2020 $69 billion, and in 2019 and 2018 $92 billion (MarketLine 2021). Although we saw a rise from 2020 to 2021 in revenue the automobile manufacturing industry revenue will continue to not keep pace with previous years. As the domestic demand for new vehicles trends higher, three automotive hubs are expected to gain greater traction over the next few years. With that said the US automotive industry is heavily established in the Great Lakes region. This region represents just over 36% of the automobile manufacturers in the US. Some of the most successful automobile making are located here which include the Ford Motor Company, General Motors, and Fiat Chrysler. All these manufacturers are in Michigan which makes up 15% of all automobile manufacturing revenue in the US. With that said there are 2 more regions where automobile manufacturers operate that make up 50% of all us manufacturers' locations. The Regions are the West Region, making up 25.4% of the industry locations, and the Southeast Region, making up 24.6% of the industry locations. After conducting research, the consumer's current mindset is shifting towards a “greener” option for the automobile. This option would have a smaller carbon footprint, providing an increase in producing vehicles that are more environmentally friendly. As a result of this new stance on a “greener” option by the consumer the hybrid and the electric car are gaining popularity and are expected to multiply over the next five years (MarketLine 2018). “In 2025 the North American hybri.
Global Quantum Computing Market: Size, and Trends with Impact of COVID-19 and...Daedal Research
In 2021, the global quantum computing market was valued at US$442.32 million> and is anticipated to grow to US$3295.97 million by 2027. For more: info@daedal-research.com
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Global Turbocharger Market: Size And Trends With Impact Of COVID-19 And Forecast Up To 2027
1. Global Turbocharger Market: Analysis By
Engine Type (Gasoline, Diesel And Hybrid),
Technology (Variable Geometry Technology,
Twin Turbo Technology, Wastegate Technology
And Others), By Distribution Channel (Original
Equipment Manufacturer And Aftermarket),
Verticals (Aerospace & Defense, Automotive,
Marine And Agriculture & Construction), By
Region Size And Trends With Impact Of
COVID-19 And Forecast Up To 2027
November 2022
2. Executive Summary and Scope
Introduction/Market Overview
Global Market Analysis
Regional Market Analysis
Impact Of COVID 19
Dynamics
Competitive Landscape
Company Profiling
Global Turbocharger Market: Coverage
3. Global Turbocharger Market: Coverage
Attributes Details
Title Global Turbocharger Market: Analysis By Engine Type (Gasoline, Diesel And Hybrid), By Technology (Variable Geometry
Technology, Twin Turbo Technology, Wastegate Technology And Others), By Distribution Channel (Original Equipment
Manufacturer And Aftermarket), By Vertical (Aerospace & Defense, Automotive, Marine And Agriculture & Construction), By
Region Size And Trends With Impact Of COVID-19 And Forecast Up To 2027
Coverage Global and Regional
Regional Coverage Asia Pacific (China, Japan, India, South Korea and Rest of Asia Pacific), North America (The US, Mexico, and Canada), Europe
(UK, Germany, France, and Rest of Europe) Latin America, Middle East & Africa (LAMEA)
Market Influencing
Variables
Growth Drivers, Challenges, Market Trends
Forecast Period of Market 2022-2027
Competition in the Market Consolidated
Key Players ABB Group, Cummins Inc., Eaton Corporation plc, Wabtec Corporation (Precision And Turbo Inc.), BorgWarner Inc.,
Mitsubishi Heavy Industries Ltd, IHI Corporation, Continental AG, Honeywell International Inc., Turbo Dynamics Limited,
FountainVest Partners (Bosch Mahle Turbo Systems), Cardone (Rotomaster)
Scope of the Report
4. Global Turbocharger Market: Coverage
A turbocharger is a device fitted to a vehicle’s engine that is designed to improve the overall efficiency and increase performance. In a
combustion engine, air, fuel and spark combine to create an explosion which creates power to turn the engine. The global turbocharger
market was valued at US$16.55 billion in 2021 and is projected to reach US$24.38 billion by 2027, growing at a CAGR of 6.76% over the
projected period of 2022-2027.
The turbocharger market can be segmented on the basis of engine type (gasoline, diesel and hybrid). Gasoline segment held a dominant
share in turbocharger market in 2021, followed by diesel. The turbocharger market can also be segmented on the basis of verticals
(aerospace & defense, automotive, marine and agriculture & construction). Aerospace & defense segment is the dominant vertical in 2021,
followed by automotive. The market can also be segmented on the basis of technology (variable geometry technology, twin turbo
technology, wastegate technology and others). Variable geometry technology segment dominates the turbocharger market in 2021.
Furthermore, the turbocharger market can be segmented on the basis of distribution channel (original equipment manufacturer and
aftermarket). Original equipment manufacturer segment held a dominant share in turbocharger market in 2021. Asia Pacific leads the
global turbocharger market in 2021.
The outbreak of the COVID-19 pandemic caused a virtual halt on the manufacturing of motor vehicles during the pandemic which
brought down the supply of the vehicles, while the travel restrictions brought down the demand for automobiles. This dual shock faced by
the motor vehicles industry, in turn, negatively affected the turbocharger market during the pandemic.
The global turbocharger market has increased in 2021 and projections are made that the market would rise in the next five years i.e. 2022-
2027 tremendously. There is a rapid growth of turbochargers in recent years owing to increasing per capita income, rapid urbanization,
improved engine performance, improved fuel efficiency, increasing penetration of turbochargers in diesel vehicles and stringent
regulations. Yet the market faces some challenges such as, turbocharger installation & high maintenance costs, etc.
Executive Summary
5. Turbocharger Market: Global Analysis
Global Turbocharger Market by Value
Global turbocharger market was valued at US$... billion in 2021 and is anticipated to reach up to US$... billion by 2027 from US$... billion in
2022, with a CAGR of xx%.
CAGR
2022-2027 xx%
2017 2018 2019 2020 2021
US$
Billion
2022 2023 2024 2025 2026 2027
US$
Billion
6. Global Turbocharger Market by Engine Type; 2021
Turbocharger Market: Global Analysis
Gasoline, xx%
Diesel, xx%
Hybrid, xx%
Global Turbocharger Market by Technology; 2021
Variable Geometry Technology, xx%
Twin Turbo Technology, xx%
Wastegate Technology, xx%
Others, xx%
7. Turbocharger Market: Global Analysis
Global Turbocharger Market by Distribution Channel; 2021
Original Equipment
Manufacturer , xx%
Aftermarket, xx%
Global Turbocharger Market by Verticals; 2021
Aerospace & Defense, xx%
Automotive, xx%
Marine, xx%
Agriculture & Construction, xx%
8. Global Turbocharger Market by Region; 2021
Turbocharger Market: Global Analysis
Asia Pacific, xx%
North America, xx%
Europe, xx%
Latin America, Middle East & Africa, xx%
9. Turbocharger Market: Engine Type Analysis
Global Gasoline Turbocharger Market by Value
Global Diesel Turbocharger Market by Value
Engine Type CAGR
(2022-2027)
Gasoline xx%
Diesel xx%
Hybrid xx%
2022 2023 2024 2025 2026 2027
US$
Billion
2022 2023 2024 2025 2026 2027
US$
Billion
10. Turbocharger Market: Technology Analysis
Global Variable Geometry Technology Turbocharger Market by Value
Global Twin Turbo Technology Turbocharger Market by Value
Technology CAGR
(2022-2027)
Variable Geometry Technology xx%
Twin Turbo Technology xx%
Wastegate technology xx%
Other technology xx%
2022 2023 2024 2025 2026 2027
US$
Billion
2022 2023 2024 2025 2026 2027
US$
Billion
11. Turbocharger Market: Distribution Channel Analysis
Global Turbocharger Original Equipment Manufacturer Market By Value
Global Turbocharger Aftermarket Market By Value
Distribution Channel CAGR
(2022-2027)
Original Equipment
Manufacturer
xx%
Aftermarket xx%
2022 2023 2024 2025 2026 2027
US$
Billion
2022 2023 2024 2025 2026 2027
US$
Billion
12. Turbocharger Market: Verticals Analysis
Global Aerospace & Defense Turbocharger Market by Value
Global Automotive Turbocharger Market by Value
Verticals CAGR
(2022-2027)
Aerospace & Defense xx%
Automotive xx%
Marine xx%
Agriculture & Construction xx%
2022 2023 2024 2025 2026 2027
US$
Billion
2022 2023 2024 2025 2026 2027
US$
Billion
13. Turbocharger Market: Regional Analysis
Asia Pacific Turbocharger Market by Value
North America Turbocharger Market by Value
Region CAGR
(2022-2027)
Asia Pacific xx%
North America xx%
Europe xx%
Latin America, Middle East &
Africa
xx%
2022 2023 2024 2025 2026 2027
US$
Billion
2022 2023 2024 2025 2026 2027
US$
Billion
14. Turbocharger Market: Regional Analysis
North America Turbocharger Market by Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
The US xx% xx%
Canada xx% xx%
Mexico xx% xx%
Asia Pacific Turbocharger Market by Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
China xx% xx%
Japan xx% xx%
India xx% xx%
South Korea xx% xx%
Rest of Asia Pacific xx% xx%
15. Turbocharger Market: Regional Analysis
Europe Turbocharger Market by Region; 2021
Region Share
(2021)
CAGR
(2022-2027)
Germany xx% xx%
UK xx% xx%
France xx% xx%
Rest of Europe xx% xx%
16. Global Turbocharger Market: Dynamics
Growth Driver
•Rapid Urbanization
•Improved Fuel Efficiency
Challenges
•Turbocharger Installation High Maintenance Costs
•High Maintenance Costs
Market Trends
•Increasing Adoption of Electric Turbochargers
•Variable Geometry Turbocharging
17. Global Turbocharger Market: Competitive Landscape
ABB GroupMondi plc
Cummins Inc.
Eaton Corporation plc
Wabtec Corporation (Precision
And Turbo Inc.)
BorgWarner Inc.
Cardone (Rotomaster)
Players Profiled
Mitsubishi Heavy Industries Ltd
IHI Corporation
Continental AG
Turbo Dynamics Limited
Honeywell International Inc.
FountainVest Partners (Bosch
Mahle Turbo Systems)
Global Turbocharger Players by Market Share;
2021 (Percentage, %)
Honeywell
Borgwarner
IHI
Others
18. Title : Global Turbocharger Market: Analysis By Engine Type (Gasoline, Diesel And Hybrid, Technology
(Variable Geometry Technology, Twin Turbo Technology, Wastegate Technology And Others), By Distribution
Channel (Original Equipment Manufacturer And Aftermarket), ), By Verticals (Aerospace & Defense,
Automotive, Marine And Agriculture & Construction); By Region Size And Trends With Impact Of COVID-19
And Forecast Up To 2027
Published : November 2022
Pages : 149
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