The global Turbocharger for Commercial Vehicles market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
This report aims to provide a comprehensive presentation of the global market for Turbocharger for Commercial Vehicles, 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 Turbocharger for Commercial Vehicles. This report contains market size and forecasts of Turbocharger for Commercial Vehicles in global, including the following market information:
- Global Turbocharger for Commercial Vehicles Market Revenue, 2018-2023, 2024-2032, ($ millions)
- Global Turbocharger for Commercial Vehicles Market Sales, 2018-2023, 2024-2032, (K Units)
- Global top five Turbocharger for Commercial Vehicles companies in 2022 (%)
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.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Turbocharger for Commercial Vehicles 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 Turbocharger for Commercial Vehicles Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Turbocharger for Commercial Vehicles Market Segment Percentages, by Type, 2022 (%)
- Mechanical Turbocharging
- Exhaust Turbocharging
Global Turbocharger for Commercial Vehicles Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Turbocharger for Commercial Vehicles Market Segment Percentages, by Application, 2022 (%)
Global Turbocharger for Commercial Vehicles Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Units)
Global Turbocharger for Commercial Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Turbocharger for Commercial Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Turbocharger for Commercial Vehicles revenues share in global market, 2022 (%)
- Key companies Turbocharger for Commercial Vehicles sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Turbocharger for Commercial Vehicles sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BorgWarner
- Cummins Turbo Technologies
- Ishikawajima-Harima Heavy Industries
- Mitsubishi Heavy Industries
Outline of Major Chapters:
Chapter 1: Introduces the definition of Turbocharger for Commercial Vehicles, market overview.
Chapter 2: Global Turbocharger for Commercial Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Turbocharger for Commercial Vehicles 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 Turbocharger for Commercial Vehicles 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 Turbocharger for Commercial Vehicles 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.
