Request SampleGlobal Turbocompressor Market Research Report 2022
SKU ID : QYR-21624642 | Publishing Date : 06-Sep-2022 | No. of pages : 93
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.
Market Analysis and Insights: Global Turbocompressor Market
Due to the COVID-19 pandemic, the global Turbocompressor market size is estimated to be worth US$ 16410 million in 2022 and is forecast to a readjusted size of US$ 19590 million by 2028 with a CAGR of 3.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Centrifugal Turbo Compressors accounting for % of the Turbocompressor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Trains & Ships & Airplanes segment is altered to an % CAGR throughout this forecast period.
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.
Global Turbocompressor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Turbocompressor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Centrifugal Turbo Compressors
Axial Turbo Compressors
Others
Segment by Application
Trains & Ships & Airplanes
Oil & Chemical Industrial
Others
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
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.
Market Analysis and Insights: Global Turbocompressor Market
Due to the COVID-19 pandemic, the global Turbocompressor market size is estimated to be worth US$ 16410 million in 2022 and is forecast to a readjusted size of US$ 19590 million by 2028 with a CAGR of 3.0% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Centrifugal Turbo Compressors accounting for % of the Turbocompressor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Trains & Ships & Airplanes segment is altered to an % CAGR throughout this forecast period.
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.
Global Turbocompressor Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Turbocompressor Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Centrifugal Turbo Compressors
Axial Turbo Compressors
Others
Segment by Application
Trains & Ships & Airplanes
Oil & Chemical Industrial
Others
By Company
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
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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