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Global Turbochargers Market Research Report 2024
Synopsis
Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.
The global Turbochargers market was valued at US$ 19160 million in 2023 and is anticipated to reach US$ 38850 million by 2030, witnessing a CAGR of 10.5% during the forecast period 2024-2030.
Europe is the largest region of Turbochargers, with a market share about 40%, followed by China and North America, etc. Major players of the turbochargers market include Borgwarner Inc., Honeywell International Inc., Mitsubishi Heavy Industries Ltd, IHI Corporation, Continental AG, and Cummins Inc. The top 5 manufacturers occupied about 80% market share.
This report aims to provide a comprehensive presentation of the global market for Turbochargers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turbochargers.
Report Scope
The Turbochargers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Turbochargers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Turbochargers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
BorgWarner
MHI
IHI
Cummins
Bosch Mahle
Continental
Hunan Tyen
Weifu Tianli
Kangyue
Weifang Fuyuan
Shenlong
Okiya Group
Zhejiang Rongfa
Hunan Rugidove
Segment by Type
Mono Turbo
Twin Turbo
Segment by Application
Automotive
Engineering Machinery
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Turbochargers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Turbochargers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Turbochargers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.
The global Turbochargers market was valued at US$ 19160 million in 2023 and is anticipated to reach US$ 38850 million by 2030, witnessing a CAGR of 10.5% during the forecast period 2024-2030.
Europe is the largest region of Turbochargers, with a market share about 40%, followed by China and North America, etc. Major players of the turbochargers market include Borgwarner Inc., Honeywell International Inc., Mitsubishi Heavy Industries Ltd, IHI Corporation, Continental AG, and Cummins Inc. The top 5 manufacturers occupied about 80% market share.
This report aims to provide a comprehensive presentation of the global market for Turbochargers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Turbochargers.
Report Scope
The Turbochargers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Turbochargers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Turbochargers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Honeywell
BorgWarner
MHI
IHI
Cummins
Bosch Mahle
Continental
Hunan Tyen
Weifu Tianli
Kangyue
Weifang Fuyuan
Shenlong
Okiya Group
Zhejiang Rongfa
Hunan Rugidove
Segment by Type
Mono Turbo
Twin Turbo
Segment by Application
Automotive
Engineering Machinery
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Turbochargers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Turbochargers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Turbochargers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Turbochargers Market Overview
1.1 Product Definition
1.2 Turbochargers Segment by Type
1.2.1 Global Turbochargers Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Mono Turbo
1.2.3 Twin Turbo
1.3 Turbochargers Segment by Application
1.3.1 Global Turbochargers Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Engineering Machinery
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Turbochargers Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Turbochargers Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Turbochargers Production Estimates and Forecasts (2019-2030)
1.4.4 Global Turbochargers Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Turbochargers Production Market Share by Manufacturers (2019-2024)
2.2 Global Turbochargers Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Turbochargers, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Turbochargers Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Turbochargers Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Turbochargers, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Turbochargers, Product Offered and Application
2.8 Global Key Manufacturers of Turbochargers, Date of Enter into This Industry
2.9 Turbochargers Market Competitive Situation and Trends
2.9.1 Turbochargers Market Concentration Rate
2.9.2 Global 5 and 10 Largest Turbochargers Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Turbochargers Production by Region
3.1 Global Turbochargers Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Turbochargers Production Value by Region (2019-2030)
3.2.1 Global Turbochargers Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Turbochargers by Region (2025-2030)
3.3 Global Turbochargers Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Turbochargers Production by Region (2019-2030)
3.4.1 Global Turbochargers Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Turbochargers by Region (2025-2030)
3.5 Global Turbochargers Market Price Analysis by Region (2019-2024)
3.6 Global Turbochargers Production and Value, Year-over-Year Growth
3.6.1 North America Turbochargers Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Turbochargers Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Turbochargers Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Turbochargers Production Value Estimates and Forecasts (2019-2030)
4 Turbochargers Consumption by Region
4.1 Global Turbochargers Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Turbochargers Consumption by Region (2019-2030)
4.2.1 Global Turbochargers Consumption by Region (2019-2024)
4.2.2 Global Turbochargers Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Turbochargers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Turbochargers Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Turbochargers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Turbochargers Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Turbochargers Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Turbochargers Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Turbochargers Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Turbochargers Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Turbochargers Production by Type (2019-2030)
5.1.1 Global Turbochargers Production by Type (2019-2024)
5.1.2 Global Turbochargers Production by Type (2025-2030)
5.1.3 Global Turbochargers Production Market Share by Type (2019-2030)
5.2 Global Turbochargers Production Value by Type (2019-2030)
5.2.1 Global Turbochargers Production Value by Type (2019-2024)
5.2.2 Global Turbochargers Production Value by Type (2025-2030)
5.2.3 Global Turbochargers Production Value Market Share by Type (2019-2030)
5.3 Global Turbochargers Price by Type (2019-2030)
6 Segment by Application
6.1 Global Turbochargers Production by Application (2019-2030)
6.1.1 Global Turbochargers Production by Application (2019-2024)
6.1.2 Global Turbochargers Production by Application (2025-2030)
6.1.3 Global Turbochargers Production Market Share by Application (2019-2030)
6.2 Global Turbochargers Production Value by Application (2019-2030)
6.2.1 Global Turbochargers Production Value by Application (2019-2024)
6.2.2 Global Turbochargers Production Value by Application (2025-2030)
6.2.3 Global Turbochargers Production Value Market Share by Application (2019-2030)
6.3 Global Turbochargers Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Honeywell
7.1.1 Honeywell Turbochargers Corporation Information
7.1.2 Honeywell Turbochargers Product Portfolio
7.1.3 Honeywell Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Honeywell Main Business and Markets Served
7.1.5 Honeywell Recent Developments/Updates
7.2 BorgWarner
7.2.1 BorgWarner Turbochargers Corporation Information
7.2.2 BorgWarner Turbochargers Product Portfolio
7.2.3 BorgWarner Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.2.4 BorgWarner Main Business and Markets Served
7.2.5 BorgWarner Recent Developments/Updates
7.3 MHI
7.3.1 MHI Turbochargers Corporation Information
7.3.2 MHI Turbochargers Product Portfolio
7.3.3 MHI Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.3.4 MHI Main Business and Markets Served
7.3.5 MHI Recent Developments/Updates
7.4 IHI
7.4.1 IHI Turbochargers Corporation Information
7.4.2 IHI Turbochargers Product Portfolio
7.4.3 IHI Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.4.4 IHI Main Business and Markets Served
7.4.5 IHI Recent Developments/Updates
7.5 Cummins
7.5.1 Cummins Turbochargers Corporation Information
7.5.2 Cummins Turbochargers Product Portfolio
7.5.3 Cummins Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Cummins Main Business and Markets Served
7.5.5 Cummins Recent Developments/Updates
7.6 Bosch Mahle
7.6.1 Bosch Mahle Turbochargers Corporation Information
7.6.2 Bosch Mahle Turbochargers Product Portfolio
7.6.3 Bosch Mahle Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Bosch Mahle Main Business and Markets Served
7.6.5 Bosch Mahle Recent Developments/Updates
7.7 Continental
7.7.1 Continental Turbochargers Corporation Information
7.7.2 Continental Turbochargers Product Portfolio
7.7.3 Continental Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Continental Main Business and Markets Served
7.7.5 Continental Recent Developments/Updates
7.8 Hunan Tyen
7.8.1 Hunan Tyen Turbochargers Corporation Information
7.8.2 Hunan Tyen Turbochargers Product Portfolio
7.8.3 Hunan Tyen Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Hunan Tyen Main Business and Markets Served
7.7.5 Hunan Tyen Recent Developments/Updates
7.9 Weifu Tianli
7.9.1 Weifu Tianli Turbochargers Corporation Information
7.9.2 Weifu Tianli Turbochargers Product Portfolio
7.9.3 Weifu Tianli Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Weifu Tianli Main Business and Markets Served
7.9.5 Weifu Tianli Recent Developments/Updates
7.10 Kangyue
7.10.1 Kangyue Turbochargers Corporation Information
7.10.2 Kangyue Turbochargers Product Portfolio
7.10.3 Kangyue Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Kangyue Main Business and Markets Served
7.10.5 Kangyue Recent Developments/Updates
7.11 Weifang Fuyuan
7.11.1 Weifang Fuyuan Turbochargers Corporation Information
7.11.2 Weifang Fuyuan Turbochargers Product Portfolio
7.11.3 Weifang Fuyuan Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Weifang Fuyuan Main Business and Markets Served
7.11.5 Weifang Fuyuan Recent Developments/Updates
7.12 Shenlong
7.12.1 Shenlong Turbochargers Corporation Information
7.12.2 Shenlong Turbochargers Product Portfolio
7.12.3 Shenlong Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Shenlong Main Business and Markets Served
7.12.5 Shenlong Recent Developments/Updates
7.13 Okiya Group
7.13.1 Okiya Group Turbochargers Corporation Information
7.13.2 Okiya Group Turbochargers Product Portfolio
7.13.3 Okiya Group Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Okiya Group Main Business and Markets Served
7.13.5 Okiya Group Recent Developments/Updates
7.14 Zhejiang Rongfa
7.14.1 Zhejiang Rongfa Turbochargers Corporation Information
7.14.2 Zhejiang Rongfa Turbochargers Product Portfolio
7.14.3 Zhejiang Rongfa Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Zhejiang Rongfa Main Business and Markets Served
7.14.5 Zhejiang Rongfa Recent Developments/Updates
7.15 Hunan Rugidove
7.15.1 Hunan Rugidove Turbochargers Corporation Information
7.15.2 Hunan Rugidove Turbochargers Product Portfolio
7.15.3 Hunan Rugidove Turbochargers Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Hunan Rugidove Main Business and Markets Served
7.15.5 Hunan Rugidove Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Turbochargers Industry Chain Analysis
8.2 Turbochargers Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Turbochargers Production Mode & Process
8.4 Turbochargers Sales and Marketing
8.4.1 Turbochargers Sales Channels
8.4.2 Turbochargers Distributors
8.5 Turbochargers Customers
9 Turbochargers Market Dynamics
9.1 Turbochargers Industry Trends
9.2 Turbochargers Market Drivers
9.3 Turbochargers Market Challenges
9.4 Turbochargers Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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