Shanghai, April 21, 2013 - With the release of the State Council energy saving new files, Honeywell (NYSE: HON) Turbo Technologies Department developed turbocharging technology will accelerate China market continued growth in the next five years.
The State Council issued the document emphasized the importance of highlighting the efficiency of the internal combustion engine, and pointed out that turbo is a key enabling technology. Compared to larger naturally aspirated engine, turbocharger engine can reduce the volume and improve the fuel efficiency of 20-40%, reduce emissions and increase horsepower and torque, Audi Turbo improving drivability. As a global leader in turbocharging technology, Honeywell Turbo Technologies expects car sales in China equipped with turbo technology doubled in 2012 from 400 million units to 800 million units in 2017.
"We see a remarkable market trends, turbocharged engine is accelerating the development of comprehensive and covers a variety of automotive customers, model and fuel type," vice president of China and India, Honeywell Transportation Systems Group and General Manager Mr. Dai Pengjie on the market is full of expectations, "Honeywell occupies a unique advantage in this opportunity because we have a very rare comprehensive broad product line, technology leadership and strong Chinese business base, favored by customers."
Gasoline passenger cars will make a great contribution to the growth of China turbocharger market within the next five years turbocharger technology in this market penetration increase from the current 10% to over 20%. Compared with larger displacement engines, a well-equipped small-displacement turbocharged gasoline-powered technology engines in performance while maintaining the same engine and significantly improved fuel economy efficiency. Honeywell recently released in China Fei Xiang for Fiat Viaggio second-generation 1.4L gasoline turbocharger, and will publish the new gasoline turbo application 15 or more within the next two years.
With turbo technology in passenger cars, light commercial vehicles and off-highway equipment market penetration growth of diesel vehicles in the field will also usher in new growth. Honeywell expects advanced VNT ™ (variable geometry) turbo diesel technology will get more use,VW Turbo the next five years the market share of less than 5% currently to grow from more than 20%.
VNT ™ diesel car manufacturers, especially the SUV and light commercial vehicles to provide unparalleled value, engine torque can be increased up to 30%, while improving the fuel efficiency of up to 5%, and ensure that vehicles comply with the new Euro IV exhaust / State IV emission standards .
Mr. Dai Pengjie said: "Globally, Honeywell has a total production of more than fifty million trolley with VNT ™ turbocharger in service, we are currently China intensify support such as the Great Wall,Saab Turbo JMC and JAC and other Chinese local car manufacturers to adopt this technology. "
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