Turbochargers account for about 50% of the company's net new business, with growth in the commercial vehicle, diesel passenger car and gasoline passenger car markets. Turbocharging is a key strategy employed by vehicle manufacturers to address the issues of fuel efficiency and emissions reduction while maintaining vehicle performance. The market for turbochargers is expected to grow approximately 50% over the next five years, from approximately 32 million units today to nearly 50 million by 2017.Another 11% of the new business is tied to the company's dual-clutch technology. The technology provides the fuel-efficiency and fun-to-drive characteristics of a manual transmission with the convenience and smooth shifting of an automatic. The number of dual-clutch transmissions in the market is expected to more than double over the next five years to approximately 9 million units by 2017.
BorgWarner Expects $2.3 Billion Of Net New Business For 2013 Through 2015
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