North America,being a developed economy, stands out to be a leader in the global Industrial turbochargers market with its current penetration in technological innovation for providing machine efficient power output and cost effective progression. Europe, alongwith North America is expected to experience a steep rise in the industrial turbochargers market owing to their huge market size. However, Asia Pacific region is likely to experience high growth rate pertaining to the increased demand of iron and steel from construction, chemicals, electrical utilities and agriculture thus leading to growth of mining industry. Moreover, increasing investments in gas and oil exploration activities from national organizations in APAC region is likely to trigger construction of refineries thus enhancing the requirement of turbocharged construction equipment significantly.