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Turbocharger for Commercial Vehicles-Global Market Insights and Sales Trends 2024
Synopsis
A turbocharger is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra compressed air into the combustion chamber. This improvement over a naturally aspirated engine's power output is due to the fact that the compressor can force more air—and proportionately more fuel—into the combustion chamber than atmospheric pressure (and for that matter, ram air intakes) alone.
The global Turbocharger for Commercial Vehicles market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Turbocharger for Commercial Vehicles in various end use industries. The expanding demands from the HCV, MCV and LCV,, are propelling Turbocharger for Commercial Vehicles market. Mechanical Turbocharging, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Exhaust Turbocharging segment is estimated at % CAGR for the next seven-year period.
The growing use of titanium compressor wheels will drive the growth prospects for the global turbocharger market for commercial vehicles in the forthcoming years. Compressor wheels are usually made from aluminum alloys because these alloys exhibit an excellent ratio between strength, density, and casting ability. However, at present almost all the major tier-1 suppliers are using titanium aluminide compressor wheels in their turbochargers. Some of the major factors responsible for the growing preference of titanium compressor wheels include the endurance to high temperature, low weight, low inertial drag, high responsiveness, and ability to function under high pressure.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Turbocharger for Commercial Vehicles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Turbocharger for Commercial Vehicles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Turbocharger for Commercial Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turbocharger for Commercial Vehicles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Turbocharger for Commercial Vehicles covered in this report include BorgWarner, Cummins Turbo Technologies, Ishikawajima-Harima Heavy Industries and Mitsubishi Heavy Industries, etc.
The global Turbocharger for Commercial Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BorgWarner
Cummins Turbo Technologies
Ishikawajima-Harima Heavy Industries
Mitsubishi Heavy Industries
Global Turbocharger for Commercial Vehicles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Turbocharger for Commercial Vehicles market, Segment by Type:
Mechanical Turbocharging
Exhaust Turbocharging
Global Turbocharger for Commercial Vehicles market, by Application
HCV
MCV
LCV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Turbocharger for Commercial Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turbocharger for Commercial Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
A turbocharger is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra compressed air into the combustion chamber. This improvement over a naturally aspirated engine's power output is due to the fact that the compressor can force more air—and proportionately more fuel—into the combustion chamber than atmospheric pressure (and for that matter, ram air intakes) alone.
The global Turbocharger for Commercial Vehicles market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Turbocharger for Commercial Vehicles in various end use industries. The expanding demands from the HCV, MCV and LCV,, are propelling Turbocharger for Commercial Vehicles market. Mechanical Turbocharging, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Exhaust Turbocharging segment is estimated at % CAGR for the next seven-year period.
The growing use of titanium compressor wheels will drive the growth prospects for the global turbocharger market for commercial vehicles in the forthcoming years. Compressor wheels are usually made from aluminum alloys because these alloys exhibit an excellent ratio between strength, density, and casting ability. However, at present almost all the major tier-1 suppliers are using titanium aluminide compressor wheels in their turbochargers. Some of the major factors responsible for the growing preference of titanium compressor wheels include the endurance to high temperature, low weight, low inertial drag, high responsiveness, and ability to function under high pressure.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Turbocharger for Commercial Vehicles, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Turbocharger for Commercial Vehicles market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Turbocharger for Commercial Vehicles market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turbocharger for Commercial Vehicles sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Turbocharger for Commercial Vehicles covered in this report include BorgWarner, Cummins Turbo Technologies, Ishikawajima-Harima Heavy Industries and Mitsubishi Heavy Industries, etc.
The global Turbocharger for Commercial Vehicles market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BorgWarner
Cummins Turbo Technologies
Ishikawajima-Harima Heavy Industries
Mitsubishi Heavy Industries
Global Turbocharger for Commercial Vehicles market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Turbocharger for Commercial Vehicles market, Segment by Type:
Mechanical Turbocharging
Exhaust Turbocharging
Global Turbocharger for Commercial Vehicles market, by Application
HCV
MCV
LCV
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Turbocharger for Commercial Vehicles manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turbocharger for Commercial Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Turbocharger for Commercial Vehicles Market Overview
1.1 Turbocharger for Commercial Vehicles Product Overview
1.2 Turbocharger for Commercial Vehicles Market Segment by Type
1.2.1 Mechanical Turbocharging
1.2.2 Exhaust Turbocharging
1.3 Global Turbocharger for Commercial Vehicles Market Size by Type
1.3.1 Global Turbocharger for Commercial Vehicles Market Size Overview by Type (2018-2029)
1.3.2 Global Turbocharger for Commercial Vehicles Historic Market Size Review by Type (2018-2023)
1.3.3 Global Turbocharger for Commercial Vehicles Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Turbocharger for Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.2 Europe Turbocharger for Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Turbocharger for Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Turbocharger for Commercial Vehicles Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Turbocharger for Commercial Vehicles Sales Breakdown by Type (2018-2023)
2 Global Turbocharger for Commercial Vehicles Market Competition by Company
2.1 Global Top Players by Turbocharger for Commercial Vehicles Sales (2018-2023)
2.2 Global Top Players by Turbocharger for Commercial Vehicles Revenue (2018-2023)
2.3 Global Top Players by Turbocharger for Commercial Vehicles Price (2018-2023)
2.4 Global Top Manufacturers Turbocharger for Commercial Vehicles Manufacturing Base Distribution, Sales Area, Product Type
2.5 Turbocharger for Commercial Vehicles Market Competitive Situation and Trends
2.5.1 Turbocharger for Commercial Vehicles Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Turbocharger for Commercial Vehicles Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Turbocharger for Commercial Vehicles as of 2022)
2.7 Date of Key Manufacturers Enter into Turbocharger for Commercial Vehicles Market
2.8 Key Manufacturers Turbocharger for Commercial Vehicles Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Turbocharger for Commercial Vehicles Status and Outlook by Region
3.1 Global Turbocharger for Commercial Vehicles Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Turbocharger for Commercial Vehicles Historic Market Size by Region
3.2.1 Global Turbocharger for Commercial Vehicles Sales in Volume by Region (2018-2023)
3.2.2 Global Turbocharger for Commercial Vehicles Sales in Value by Region (2018-2023)
3.2.3 Global Turbocharger for Commercial Vehicles Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Turbocharger for Commercial Vehicles Forecasted Market Size by Region
3.3.1 Global Turbocharger for Commercial Vehicles Sales in Volume by Region (2024-2029)
3.3.2 Global Turbocharger for Commercial Vehicles Sales in Value by Region (2024-2029)
3.3.3 Global Turbocharger for Commercial Vehicles Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Turbocharger for Commercial Vehicles by Application
4.1 Turbocharger for Commercial Vehicles Market Segment by Application
4.1.1 HCV
4.1.2 MCV
4.1.3 LCV
4.2 Global Turbocharger for Commercial Vehicles Market Size by Application
4.2.1 Global Turbocharger for Commercial Vehicles Market Size Overview by Application (2018-2029)
4.2.2 Global Turbocharger for Commercial Vehicles Historic Market Size Review by Application (2018-2023)
4.2.3 Global Turbocharger for Commercial Vehicles Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Turbocharger for Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.2 Europe Turbocharger for Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Turbocharger for Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Turbocharger for Commercial Vehicles Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Turbocharger for Commercial Vehicles Sales Breakdown by Application (2018-2023)
5 North America Turbocharger for Commercial Vehicles by Country
5.1 North America Turbocharger for Commercial Vehicles Historic Market Size by Country
5.1.1 North America Turbocharger for Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Turbocharger for Commercial Vehicles Sales in Volume by Country (2018-2023)
5.1.3 North America Turbocharger for Commercial Vehicles Sales in Value by Country (2018-2023)
5.2 North America Turbocharger for Commercial Vehicles Forecasted Market Size by Country
5.2.1 North America Turbocharger for Commercial Vehicles Sales in Volume by Country (2024-2029)
5.2.2 North America Turbocharger for Commercial Vehicles Sales in Value by Country (2024-2029)
6 Europe Turbocharger for Commercial Vehicles by Country
6.1 Europe Turbocharger for Commercial Vehicles Historic Market Size by Country
6.1.1 Europe Turbocharger for Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Turbocharger for Commercial Vehicles Sales in Volume by Country (2018-2023)
6.1.3 Europe Turbocharger for Commercial Vehicles Sales in Value by Country (2018-2023)
6.2 Europe Turbocharger for Commercial Vehicles Forecasted Market Size by Country
6.2.1 Europe Turbocharger for Commercial Vehicles Sales in Volume by Country (2024-2029)
6.2.2 Europe Turbocharger for Commercial Vehicles Sales in Value by Country (2024-2029)
7 Asia-Pacific Turbocharger for Commercial Vehicles by Region
7.1 Asia-Pacific Turbocharger for Commercial Vehicles Historic Market Size by Region
7.1.1 Asia-Pacific Turbocharger for Commercial Vehicles Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Turbocharger for Commercial Vehicles Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Turbocharger for Commercial Vehicles Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Turbocharger for Commercial Vehicles Forecasted Market Size by Region
7.2.1 Asia-Pacific Turbocharger for Commercial Vehicles Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Turbocharger for Commercial Vehicles Sales in Value by Region (2024-2029)
8 Latin America Turbocharger for Commercial Vehicles by Country
8.1 Latin America Turbocharger for Commercial Vehicles Historic Market Size by Country
8.1.1 Latin America Turbocharger for Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Turbocharger for Commercial Vehicles Sales in Volume by Country (2018-2023)
8.1.3 Latin America Turbocharger for Commercial Vehicles Sales in Value by Country (2018-2023)
8.2 Latin America Turbocharger for Commercial Vehicles Forecasted Market Size by Country
8.2.1 Latin America Turbocharger for Commercial Vehicles Sales in Volume by Country (2024-2029)
8.2.2 Latin America Turbocharger for Commercial Vehicles Sales in Value by Country (2024-2029)
9 Middle East and Africa Turbocharger for Commercial Vehicles by Country
9.1 Middle East and Africa Turbocharger for Commercial Vehicles Historic Market Size by Country
9.1.1 Middle East and Africa Turbocharger for Commercial Vehicles Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Turbocharger for Commercial Vehicles Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Turbocharger for Commercial Vehicles Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Turbocharger for Commercial Vehicles Forecasted Market Size by Country
9.2.1 Middle East and Africa Turbocharger for Commercial Vehicles Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Turbocharger for Commercial Vehicles Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BorgWarner
10.1.1 BorgWarner Company Information
10.1.2 BorgWarner Introduction and Business Overview
10.1.3 BorgWarner Turbocharger for Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BorgWarner Turbocharger for Commercial Vehicles Products Offered
10.1.5 BorgWarner Recent Development
10.2 Cummins Turbo Technologies
10.2.1 Cummins Turbo Technologies Company Information
10.2.2 Cummins Turbo Technologies Introduction and Business Overview
10.2.3 Cummins Turbo Technologies Turbocharger for Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Cummins Turbo Technologies Turbocharger for Commercial Vehicles Products Offered
10.2.5 Cummins Turbo Technologies Recent Development
10.3 Ishikawajima-Harima Heavy Industries
10.3.1 Ishikawajima-Harima Heavy Industries Company Information
10.3.2 Ishikawajima-Harima Heavy Industries Introduction and Business Overview
10.3.3 Ishikawajima-Harima Heavy Industries Turbocharger for Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Ishikawajima-Harima Heavy Industries Turbocharger for Commercial Vehicles Products Offered
10.3.5 Ishikawajima-Harima Heavy Industries Recent Development
10.4 Mitsubishi Heavy Industries
10.4.1 Mitsubishi Heavy Industries Company Information
10.4.2 Mitsubishi Heavy Industries Introduction and Business Overview
10.4.3 Mitsubishi Heavy Industries Turbocharger for Commercial Vehicles Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Heavy Industries Turbocharger for Commercial Vehicles Products Offered
10.4.5 Mitsubishi Heavy Industries Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Turbocharger for Commercial Vehicles Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Turbocharger for Commercial Vehicles Industrial Chain Analysis
11.4 Turbocharger for Commercial Vehicles Market Dynamics
11.4.1 Turbocharger for Commercial Vehicles Industry Trends
11.4.2 Turbocharger for Commercial Vehicles Market Drivers
11.4.3 Turbocharger for Commercial Vehicles Market Challenges
11.4.4 Turbocharger for Commercial Vehicles Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Turbocharger for Commercial Vehicles Distributors
12.3 Turbocharger for Commercial Vehicles Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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