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Turbocompressor-Global Market Insights and Sales Trends 2024
Synopsis
Turbocompressor or 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 Turbocompressor market size is expected to reach US$ 19710 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Turbocompressor in various end use industries. The expanding demands from the Automotive and Industrial, are propelling Turbocompressor market. OEM, 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 Aftermarket segment is estimated at % CAGR for the next seven-year period.
Global key players of turbocompressor include Garrett Motion, BorgWarner, MHI, IHI, Cummins, etc. The top five players hold a share about 69%. North America is the largest producer, has a share about 32%, followed by Europe and China, with share 26% and 22%, respectively. The largest market is Europe, with a share about 46%, followed by Asia-Pacific and North America, with share 33% and 15%, separately.
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 Turbocompressor, 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 Turbocompressor 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 Turbocompressor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turbocompressor 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 Turbocompressor covered in this report include Garrett Motion, BorgWarner, MHI, IHI, Cummins, BMTS TECHNOLOGY, Continental, Turbo Energy and Kangyue Technology, etc.
The global Turbocompressor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers
Global Turbocompressor 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 Turbocompressor market, Segment by Type:
OEM
Aftermarket
Global Turbocompressor market, by Application
Automotive
Industrial
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 Turbocompressor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turbocompressor 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.
Turbocompressor or 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 Turbocompressor market size is expected to reach US$ 19710 million by 2029, growing at a CAGR of 5.8% from 2023 to 2029. The market is mainly driven by the significant applications of Turbocompressor in various end use industries. The expanding demands from the Automotive and Industrial, are propelling Turbocompressor market. OEM, 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 Aftermarket segment is estimated at % CAGR for the next seven-year period.
Global key players of turbocompressor include Garrett Motion, BorgWarner, MHI, IHI, Cummins, etc. The top five players hold a share about 69%. North America is the largest producer, has a share about 32%, followed by Europe and China, with share 26% and 22%, respectively. The largest market is Europe, with a share about 46%, followed by Asia-Pacific and North America, with share 33% and 15%, separately.
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 Turbocompressor, 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 Turbocompressor 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 Turbocompressor market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Turbocompressor 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 Turbocompressor covered in this report include Garrett Motion, BorgWarner, MHI, IHI, Cummins, BMTS TECHNOLOGY, Continental, Turbo Energy and Kangyue Technology, etc.
The global Turbocompressor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers
Global Turbocompressor 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 Turbocompressor market, Segment by Type:
OEM
Aftermarket
Global Turbocompressor market, by Application
Automotive
Industrial
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 Turbocompressor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Turbocompressor 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 Turbocompressor Market Overview
1.1 Turbocompressor Product Overview
1.2 Turbocompressor Market Segment by Type
1.2.1 OEM
1.2.2 Aftermarket
1.3 Global Turbocompressor Market Size by Type
1.3.1 Global Turbocompressor Market Size Overview by Type (2018-2029)
1.3.2 Global Turbocompressor Historic Market Size Review by Type (2018-2023)
1.3.3 Global Turbocompressor Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Turbocompressor Sales Breakdown by Type (2018-2023)
1.4.2 Europe Turbocompressor Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Turbocompressor Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Turbocompressor Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Turbocompressor Sales Breakdown by Type (2018-2023)
2 Global Turbocompressor Market Competition by Company
2.1 Global Top Players by Turbocompressor Sales (2018-2023)
2.2 Global Top Players by Turbocompressor Revenue (2018-2023)
2.3 Global Top Players by Turbocompressor Price (2018-2023)
2.4 Global Top Manufacturers Turbocompressor Manufacturing Base Distribution, Sales Area, Product Type
2.5 Turbocompressor Market Competitive Situation and Trends
2.5.1 Turbocompressor Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Turbocompressor 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 Turbocompressor as of 2022)
2.7 Date of Key Manufacturers Enter into Turbocompressor Market
2.8 Key Manufacturers Turbocompressor Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Turbocompressor Status and Outlook by Region
3.1 Global Turbocompressor Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Turbocompressor Historic Market Size by Region
3.2.1 Global Turbocompressor Sales in Volume by Region (2018-2023)
3.2.2 Global Turbocompressor Sales in Value by Region (2018-2023)
3.2.3 Global Turbocompressor Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Turbocompressor Forecasted Market Size by Region
3.3.1 Global Turbocompressor Sales in Volume by Region (2024-2029)
3.3.2 Global Turbocompressor Sales in Value by Region (2024-2029)
3.3.3 Global Turbocompressor Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Turbocompressor by Application
4.1 Turbocompressor Market Segment by Application
4.1.1 Automotive
4.1.2 Industrial
4.2 Global Turbocompressor Market Size by Application
4.2.1 Global Turbocompressor Market Size Overview by Application (2018-2029)
4.2.2 Global Turbocompressor Historic Market Size Review by Application (2018-2023)
4.2.3 Global Turbocompressor Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Turbocompressor Sales Breakdown by Application (2018-2023)
4.3.2 Europe Turbocompressor Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Turbocompressor Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Turbocompressor Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Turbocompressor Sales Breakdown by Application (2018-2023)
5 North America Turbocompressor by Country
5.1 North America Turbocompressor Historic Market Size by Country
5.1.1 North America Turbocompressor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Turbocompressor Sales in Volume by Country (2018-2023)
5.1.3 North America Turbocompressor Sales in Value by Country (2018-2023)
5.2 North America Turbocompressor Forecasted Market Size by Country
5.2.1 North America Turbocompressor Sales in Volume by Country (2024-2029)
5.2.2 North America Turbocompressor Sales in Value by Country (2024-2029)
6 Europe Turbocompressor by Country
6.1 Europe Turbocompressor Historic Market Size by Country
6.1.1 Europe Turbocompressor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Turbocompressor Sales in Volume by Country (2018-2023)
6.1.3 Europe Turbocompressor Sales in Value by Country (2018-2023)
6.2 Europe Turbocompressor Forecasted Market Size by Country
6.2.1 Europe Turbocompressor Sales in Volume by Country (2024-2029)
6.2.2 Europe Turbocompressor Sales in Value by Country (2024-2029)
7 Asia-Pacific Turbocompressor by Region
7.1 Asia-Pacific Turbocompressor Historic Market Size by Region
7.1.1 Asia-Pacific Turbocompressor Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Turbocompressor Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Turbocompressor Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Turbocompressor Forecasted Market Size by Region
7.2.1 Asia-Pacific Turbocompressor Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Turbocompressor Sales in Value by Region (2024-2029)
8 Latin America Turbocompressor by Country
8.1 Latin America Turbocompressor Historic Market Size by Country
8.1.1 Latin America Turbocompressor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Turbocompressor Sales in Volume by Country (2018-2023)
8.1.3 Latin America Turbocompressor Sales in Value by Country (2018-2023)
8.2 Latin America Turbocompressor Forecasted Market Size by Country
8.2.1 Latin America Turbocompressor Sales in Volume by Country (2024-2029)
8.2.2 Latin America Turbocompressor Sales in Value by Country (2024-2029)
9 Middle East and Africa Turbocompressor by Country
9.1 Middle East and Africa Turbocompressor Historic Market Size by Country
9.1.1 Middle East and Africa Turbocompressor Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Turbocompressor Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Turbocompressor Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Turbocompressor Forecasted Market Size by Country
9.2.1 Middle East and Africa Turbocompressor Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Turbocompressor Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Garrett Motion
10.1.1 Garrett Motion Company Information
10.1.2 Garrett Motion Introduction and Business Overview
10.1.3 Garrett Motion Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Garrett Motion Turbocompressor Products Offered
10.1.5 Garrett Motion Recent Development
10.2 BorgWarner
10.2.1 BorgWarner Company Information
10.2.2 BorgWarner Introduction and Business Overview
10.2.3 BorgWarner Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.2.4 BorgWarner Turbocompressor Products Offered
10.2.5 BorgWarner Recent Development
10.3 MHI
10.3.1 MHI Company Information
10.3.2 MHI Introduction and Business Overview
10.3.3 MHI Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.3.4 MHI Turbocompressor Products Offered
10.3.5 MHI Recent Development
10.4 IHI
10.4.1 IHI Company Information
10.4.2 IHI Introduction and Business Overview
10.4.3 IHI Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.4.4 IHI Turbocompressor Products Offered
10.4.5 IHI Recent Development
10.5 Cummins
10.5.1 Cummins Company Information
10.5.2 Cummins Introduction and Business Overview
10.5.3 Cummins Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Cummins Turbocompressor Products Offered
10.5.5 Cummins Recent Development
10.6 BMTS TECHNOLOGY
10.6.1 BMTS TECHNOLOGY Company Information
10.6.2 BMTS TECHNOLOGY Introduction and Business Overview
10.6.3 BMTS TECHNOLOGY Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BMTS TECHNOLOGY Turbocompressor Products Offered
10.6.5 BMTS TECHNOLOGY Recent Development
10.7 Continental
10.7.1 Continental Company Information
10.7.2 Continental Introduction and Business Overview
10.7.3 Continental Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Continental Turbocompressor Products Offered
10.7.5 Continental Recent Development
10.8 Turbo Energy
10.8.1 Turbo Energy Company Information
10.8.2 Turbo Energy Introduction and Business Overview
10.8.3 Turbo Energy Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Turbo Energy Turbocompressor Products Offered
10.8.5 Turbo Energy Recent Development
10.9 Kangyue Technology
10.9.1 Kangyue Technology Company Information
10.9.2 Kangyue Technology Introduction and Business Overview
10.9.3 Kangyue Technology Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Kangyue Technology Turbocompressor Products Offered
10.9.5 Kangyue Technology Recent Development
10.10 Weifu Tianli Turbocharging
10.10.1 Weifu Tianli Turbocharging Company Information
10.10.2 Weifu Tianli Turbocharging Introduction and Business Overview
10.10.3 Weifu Tianli Turbocharging Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Weifu Tianli Turbocharging Turbocompressor Products Offered
10.10.5 Weifu Tianli Turbocharging Recent Development
10.11 Hunan Tyen Machinery
10.11.1 Hunan Tyen Machinery Company Information
10.11.2 Hunan Tyen Machinery Introduction and Business Overview
10.11.3 Hunan Tyen Machinery Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Hunan Tyen Machinery Turbocompressor Products Offered
10.11.5 Hunan Tyen Machinery Recent Development
10.12 Fengcheng Pacific Shenlong Turbocharger
10.12.1 Fengcheng Pacific Shenlong Turbocharger Company Information
10.12.2 Fengcheng Pacific Shenlong Turbocharger Introduction and Business Overview
10.12.3 Fengcheng Pacific Shenlong Turbocharger Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Fengcheng Pacific Shenlong Turbocharger Turbocompressor Products Offered
10.12.5 Fengcheng Pacific Shenlong Turbocharger Recent Development
10.13 Weifang Fuyuan Turbochargers
10.13.1 Weifang Fuyuan Turbochargers Company Information
10.13.2 Weifang Fuyuan Turbochargers Introduction and Business Overview
10.13.3 Weifang Fuyuan Turbochargers Turbocompressor Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Weifang Fuyuan Turbochargers Turbocompressor Products Offered
10.13.5 Weifang Fuyuan Turbochargers Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Turbocompressor 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 Turbocompressor Industrial Chain Analysis
11.4 Turbocompressor Market Dynamics
11.4.1 Turbocompressor Industry Trends
11.4.2 Turbocompressor Market Drivers
11.4.3 Turbocompressor Market Challenges
11.4.4 Turbocompressor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Turbocompressor Distributors
12.3 Turbocompressor 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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