The Global Industrial Turbocharger Market in terms of its volume is expected to reach 1.81Mn units by 2025 growing at a CAGR of 3.4% from the year 2018-2025, as per the new market research report titled Global Industrial Turbocharger Market (By Component- Turbine, Compressor, and Center Housing. By Power Range- 200KW-500KW, 500KW-1,000KW, 1,000KW-3,000KW and 3,000KW-10,000KW. By End-Use Industry- Marine, Agricultural equipment, Power, Oil and Gas, Construction and Mining. By Regions). Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2025- by Sheer Analytics & Insights Pvt. Ltd.
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A turbocharger specializes in the compression of air flow into the engine. This helps in increasing the flow of air into the cylinder. With the growth in the addition of fuel, the power output of the engine per stroke rises as well. Turbochargers have additional feature including engine weight reduction, machine efficiency, higher weight to the power ratio along with increased power output. It is projected that the turbochargers are mainly involved in the growing functioning capacity of the engine thus contributing 75% of the engine power.
Speed, temperature and structural load are some of the major factors that are affecting the turbochargers’ performance. With extensive technological advancement, the turbochargers market has gained immense popularity that in turn is expected to augment the growth of the Global Industrial Turbocharger Market during the forecast period. Rapid industrialization and urbanization are the major factors that are increasing the demand for energy conservation, especially in emerging economies.
In the very recent market research report published by Sheer Analytics and Insights Pvt. Ltd., industrial turbochargers market is segmented based on component which is further divided into turbine, compressor, and center housing. Based on power range the industrial turbochargers market has been segmented as 200KW-500KW, 500KW-1,000KW, 1,000KW-3,000KW and 3,000KW-10,000KW. Based on end-use industry, the market has further segmented as marine, agricultural equipment, power, oil and gas, construction and mining. Geographically, the global industrial turbochargers market is divided into global regions like Europe, North America, Asia- Pacific, Middle East, LATAM, and Africa
Honeywell International Inc., one of the best engineering service providers is currently rebranding its turbocharger unit as Garrett. The New Jersey multinational recently announced its plan in spinning off the Honeywell Transportation Systems and its turbo-heavy business into the publicly listed business this October. The company is hoping the spinoff to close just before the third quarter ending, by employing 6,500 people along with generating the annual revenue of near about $3 million.
“We believe the next generation of vehicles will require a complementary mix of high-performance technologies to meet more stringent global environmental standards and demands for safer and more reliable electrified powertrains and connected cars,” Honeywell Transportation Systems CEO Olivier Rabiller said in a statement.
Some of the major industry players involved in Industrial turbochargers market include companies like Honeywell, Cummins, Mitsubishi Heavy Industries, Precision Turbo and Engine, Napier Turbochargers, HS Turbochargers, Marine Turbo Engineering Ltd., Man Diesel Turbo and ABB, BorgWarner, among others.
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Global Industrial Turbochargers Market: By Component
- Turbine
- Twin Turbo
- Twin Scroll
- Variable Geography
- Compressor
- Center Housing
Global Industrial Turbochargers Market: By Power Range
- 200KW-500KW
- 500KW-1,000KW
- 1,000KW-3,000KW
- 3,000KW-10,000KW
Global Industrial Turbochargers Market: By End-Use Industry
- Marine
- Agricultural Equipment
- Power
- Oil and Gas
- Construction and Mining
Global Industrial Turbochargers Market: By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- U.K.
- France
- Germany
- Italy
- Rest of Europe
- Asia Pacific
- India
- China
- Japan
- Rest of Asia Pacific
- The Middle East and Africa
- South Africa
- Rest of the Middle East and Africa
- Latin America
- Brazil
- Rest of Latin America
Table Of Contents
1. Research Methodology, Assumptions, And Acronyms
2. Executive Summary And Market Overview
2.1. Global Industrial Turbocharger Market Snapshot
3. Global Industrial Turbocharger Market Overview
3.1. Introduction
3.1.1. Global Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) and Potential Addressable Market
3.1.2. Global Industrial Turbocharger Market Snapshot
4. Global Industrial Turbocharger Market, by Component
4.1. Introduction
4.1.1. Global Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) and Potential Addressable Market- By Component
4.1.1.1. Turbine
4.1.1.1.1. Twin Turbo
4.1.1.1.2. Twin Scroll
4.1.1.1.3. Variable Geography
4.1.2. Compressor
4.1.3. Center Housing
5. Global Industrial Turbocharger Market, by Power Range
5.1. Introduction
5.1.1. Global Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) and Potential Addressable Market- by Power Range
5.1.1.1. 200KW-500KW
5.1.1.2. 500KW-1,000KW
5.1.1.3. 1,000KW-3,000KW
5.1.1.4. 3,000KW-10,000KW
6. Global Industrial Turbocharger Market, by End-Use Industry
6.1. Introduction
6.1.1. Global Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) and Potential Addressable Market- by End-Use Industry
6.1.1.1. Marine
6.1.1.2. Agricultural Equipment
6.1.1.3. Power
6.1.1.4. Oil and Gas
6.1.1.5. Construction and Mining
7. Global Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) And Potential Addressable Market, by Region
7.1. Introduction
7.2. Key Takeaways
8. North America Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) And Potential Addressable Market
8.1. Market Dynamics
8.1.1. Drivers
8.1.2. Restraints
8.1.3. Opportunities
8.1.4. Decision Support Matrix
8.2. North America Industrial Turbocharger Market Analysis- by Component
8.3. North America Industrial Turbocharger Market Analysis- by Power Range
8.4. North America Industrial Turbocharger Market Analysis- by End-Use Industry
8.5. U.S.
8.6. Canada
8.7. Mexico
9. Europe Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) And Potential Addressable Market
9.1.1. Market Dynamics
9.1.2. Drivers
9.1.3. Restraints
9.1.4. Opportunities
9.1.5. Decision Support Matrix
9.2. Europe Industrial Turbocharger Market Analysis- by Component
9.3. Europe Industrial Turbocharger Market Analysis- by Power Range
9.4. Europe Industrial Turbocharger Market Analysis- by End-Use Industry
9.5. U.K.
9.6. France
9.7. Germany
9.8. Italy
9.9. Spain
9.10. Rest of Europe
10. Asia Pacific Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) And Potential Addressable Market
10.1. Market Dynamics
10.1.1. Drivers
10.1.2. Restraints
10.1.3. Opportunities
10.1.4. Decision Support Matrix
10.2. Asia Pacific Industrial Turbocharger Market Analysis- by Component
10.3. Asia Pacific Industrial Turbocharger Market Analysis- by Power Range
10.4. Asia-Pacific Industrial Turbocharger Market Analysis- by End-Use Industry
10.5. India
10.6. China
10.7. Japan
10.8. Rest of Asia Pacific
11. Middle East And Africa (MEA) Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) And Potential Addressable Market
11.1. Market Dynamics
11.1.1. Drivers
11.1.2. Restraints
11.1.3. Opportunities
11.1.4. Decision Support Matrix
11.2. MEA Industrial Turbocharger Market Analysis- by Component
11.3. MEA Industrial Turbocharger Market Analysis- by Power Range
11.4. MEA Industrial Turbocharger Market Analysis- by End-Use Industry
11.5. South Africa
11.6. Rest of Middle East And Africa
12. Latin America Industrial Turbocharger Market Revenue Forecast (US$ Mn and Units Mn) And Potential Addressable Market
12.1. Market Dynamics
12.1.1. Drivers
12.1.2. Restraints
12.1.3. Opportunities
12.1.4. Decision Support Matrix
12.2. Latin America Industrial Turbocharger Market Analysis- by Component
12.3. Latin America Industrial Turbocharger Market Analysis- by Power Range
12.4. Latin America Industrial Turbocharger Market Analysis- by End-Use Industry
12.5. Brazil
12.6. Rest of Latin America
13. Competitive Landscape
13.1. Global Industrial Turbocharger Market-Company Market Share Analysis
14. Company Profiles: (Revenue, Product /Brand Offerings, Company Highlights)
14.1. ABB
14.2. BorgWarner
14.3. Cummins
14.4. Honeywell
14.5. HS Turbochargers
14.6. Man Diesel Turbo
14.7. Marine Turbo Engineering Ltd
14.8. Mitsubishi Heavy Industries
14.9. Napier Turbochargers
14.10. Precision Turbo and Engine
Note: Similar segmentation will be provided for all companies, and data will be available as per best efforts.
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