Report overview
A turbocharger, or colloquially turbo, is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra 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.
Turbochargers were originally known as turbo super chargers when all forced induction devices were classified as superchargers. Nowadays the term "supercharger" is usually applied only to mechanically driven forced induction devices. The key difference between a turbocharger and a conventional supercharger is that a supercharger is mechanically driven by the engine, often through a belt connected to the crankshaft, whereas a turbocharger is powered by a turbine driven by the engine's exhaust gas. Compared to a mechanically driven supercharger, turbochargers tend to be more efficient, but less responsive. Twincharger refers to an engine with both a supercharger and a turbocharger.
Turbochargers are commonly used on train, aircraft, and construction equipment engines. They are most often used with Otto cycle and Diesel cycle internal combustion engines. They have also been found useful in automotive fuel cells.
This report aims to provide a comprehensive presentation of the global market for Turbocompressor, 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 Turbocompressor. This report contains market size and forecasts of Turbocompressor in global, including the following market information:
Global Turbocompressor Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Turbocompressor Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Turbocompressor companies in 2022 (%)
The global Turbocompressor market was valued at US$ 16350 million in 2022 and is projected to reach US$ 19930 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The technical barriers of Turbo Compressor are high, and the Turbo Compressor market concentration degree is higher. Some of the key players dominating this market are Siemens, GE Oil & Gas, Mitsubishi Heavy Industries, Ingersoll-Rand, Man Diesel & Turbo, Kobe Steel, Atlas Copco, Elliott Group, Howden Group, SKF, Sulzer and Kawasaki Heavy Industries, etc, with about 69% market shares.
We surveyed the Turbocompressor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Turbocompressor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Turbocompressor Market Segment Percentages, by Type, 2022 (%)
Centrifugal Turbo Compressors
Axial Turbo Compressors
Others
Global Turbocompressor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Turbocompressor Market Segment Percentages, by Application, 2022 (%)
Trains & Ships & Airplanes
Oil & Chemical Industrial
Others
Global Turbocompressor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Turbocompressor Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Turbocompressor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Turbocompressor revenues share in global market, 2022 (%)
Key companies Turbocompressor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Turbocompressor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Siemens
GE Oil & Gas
Mitsubishi Heavy Industries
Ingersoll-Rand
Man Diesel & Turbo
Kobe Steel
Atlas Copco
Elliott Group
Howden Group
SKF
Sulzer
Kawasaki Heavy Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Turbocompressor, market overview.
Chapter 2: Global Turbocompressor market size in revenue and volume.
Chapter 3: Detailed analysis of Turbocompressor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Turbocompressor 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 of each country in the world.
Chapter 7: 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 8: Global Turbocompressor capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
