
Aircraft & Marine Turbochargers Market by Platform (Aircraft, Marine, Unmanned Vehicle), Component (Compressor, Shaft, Turbine), Technology, End-Use - Global Forecast 2024-2030
Description
Aircraft & Marine Turbochargers Market by Platform (Aircraft, Marine, Unmanned Vehicle), Component (Compressor, Shaft, Turbine), Technology, End-Use - Global Forecast 2024-2030
The Aircraft & Marine Turbochargers Market size was estimated at USD 344.66 million in 2023 and expected to reach USD 360.89 million in 2024, at a CAGR 4.91% to reach USD 482.15 million by 2030.
A form of forced induction technology called an aircraft & marine turbocharger enables smaller engines to produce greater horsepower and torque than they otherwise would. A turbocharger uses wasted exhaust gas from a ship's internal combustion engine to power a turbine, pushing more air into the engine cylinders to increase fuel efficiency. Modern turbos can increase fuel efficiency and horsepower, improving the efficiency of smaller engines while maintaining their ability to travel at high speeds. The aircraft and marine turbochargers market is expanding due to increased aircraft and ship production, stricter emission restrictions, and the growing use of cargo ships. However, the need for significant expenditure and problems with overheating could prevent the industry from growing. Nevertheless, the fast uptake of 3D printing technology and the growing popularity of electric turbochargers may overcome the obstacle and open up a profitable new market.
Regional Insights
The growing need for fuel-efficient engines and the increasing number of air deliveries create the need for zero emissions and more demand for turbochargers across marine and airways. The geographical landscape for the Americas in terms of aircraft and marine turbochargers is dominated by North America, accounting for the majority of sales. The United States has seen significant investments from major players operating in the turbocharger industry, which has enabled it to maintain its considerable position. Asia-pacific is a key market producer in the aircraft and marine turbocharger industry. Major countries such as China, India, South Korea, Japan, and Indonesia are among the top innovative turbocharging technology producers, enabling cost-effective solutions to meet stringent emission regulations in these regions. In addition, rising economic development and increasing disposable incomes are contributing towards an increase in air travel and maritime activities, fuelling further growth opportunities for the industry in the APAC region. Europe is a major turbocharger producer and consumer in aircraft and marine applications. It has a strong presence in the aerospace and commercial shipping industries, enabling European manufacturers to expand their presence within these markets and offering more efficient solutions to customers searching for reliable turbocharging technology. As a result, competition is increasing among suppliers vying for market share in these regions in the forecast period.
FPNV Positioning Matrix
The FPNV Positioning Matrix is pivotal in evaluating the Aircraft & Marine Turbochargers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).
Market Share Analysis
The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Aircraft & Marine Turbochargers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.
Key Company Profiles
The report delves into recent significant developments in the Aircraft & Marine Turbochargers Market, highlighting leading vendors and their innovative profiles. These include A&S Turbochargers Co. Ltd, ABB Ltd, BorgWarner Inc., Chongqing Subin Mechanical and Equipment Co.,Ltd., Cooper Machinery Services, DEUTZ AG, Fengcheng Zhengquan Machinery Co., Ltd., Hartzell Engine Technologies LLC by Tailwind Technologies Inc., Honeywell International Inc., IHI Corporation, Jay Marine Power, Kawasaki Heavy Industries, Ltd., Kompressorenbau Bannewitz GmbH, Main Turbo Systems, Inc., Man Energy Solutions SE, Mascot marine services, Mitsubishi Heavy Industries, Ltd. by Nidec Corporation, Napier Turbochargers, PBS Group, a. s., Rolls-Royce PLC, SEVEN SEAS MARINE, Textron Inc., Turbo Energy Private Limited, Turbo Systems Switzerland Ltd, VAN DER LEE Turbo Systems, and Wabtec Corporation.
Market Segmentation & Coverage
This research report categorizes the Aircraft & Marine Turbochargers Market to forecast the revenues and analyze trends in each of the following sub-markets:
Platform
Aircraft
Piston
Compressor
Electric Turbo
Commercial
Americas
Argentina
California
Australia
Denmark
The report offers valuable insights on the following aspects:
- Market Penetration: It presents comprehensive information on the market provided by key players.
- Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
- Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
- Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
- Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast of the Aircraft & Marine Turbochargers Market?
- Which products, segments, applications, and areas should one consider investing in over the forecast period in the Aircraft & Marine Turbochargers Market?
- What are the technology trends and regulatory frameworks in the Aircraft & Marine Turbochargers Market?
- What is the market share of the leading vendors in the Aircraft & Marine Turbochargers Market?
- Which modes and strategic moves are suitable for entering the Aircraft & Marine Turbochargers Market?
Note: PDF & Excel + Online Access - 1 Year
Table of Contents
185 Pages
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Aircraft & Marine Turbochargers Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Higher production of aircraft with improved safety and performance
- 5.1.1.2. Increase in the use of ships for cargo shipping
- 5.1.1.3. Stringent government regulations on emission control across aircrafts
- 5.1.2. Restraints
- 5.1.2.1. High-cost of aircraft & marine turbochargers
- 5.1.3. Opportunities
- 5.1.3.1. Growing development of electric turbochargers and improvements in turbocharger designing
- 5.1.3.2. Increasing adoption of 3D printing technology for designing aircraft & marine turbochargers
- 5.1.4. Challenges
- 5.1.4.1. Overheating and turbo lag issues associated with aircraft & marine turbochargers
- 5.2. Market Segmentation Analysis
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of High Inflation
- 5.5. Porter’s Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
- 5.6. Value Chain & Critical Path Analysis
- 5.7. Regulatory Framework
- 6. Aircraft & Marine Turbochargers Market, by Platform
- 6.1. Introduction
- 6.2. Aircraft
- 6.3.1. Piston
- 6.3.2. Turboprop
- 6.3. Marine
- 6.4. Unmanned Vehicle
- 7. Aircraft & Marine Turbochargers Market, by Component
- 7.1. Introduction
- 7.2. Compressor
- 7.3. Shaft
- 7.4. Turbine
- 8. Aircraft & Marine Turbochargers Market, by Technology
- 8.1. Introduction
- 8.2. Electric Turbo
- 8.3. Single Turbo
- 8.4. Twin Turbo
- 8.5. Variable-Geometry Turbo
- 9. Aircraft & Marine Turbochargers Market, by End-Use
- 9.1. Introduction
- 9.2. Commercial
- 9.3. Military
- 10. Americas Aircraft & Marine Turbochargers Market
- 10.1. Introduction
- 10.2. Argentina
- 10.3. Brazil
- 10.4. Canada
- 10.5. Mexico
- 10.6. United States
- 11. Asia-Pacific Aircraft & Marine Turbochargers Market
- 11.1. Introduction
- 11.2. Australia
- 11.3. China
- 11.4. India
- 11.5. Indonesia
- 11.6. Japan
- 11.7. Malaysia
- 11.8. Philippines
- 11.9. Singapore
- 11.10. South Korea
- 11.11. Taiwan
- 11.12. Thailand
- 11.13. Vietnam
- 12. Europe, Middle East & Africa Aircraft & Marine Turbochargers Market
- 12.1. Introduction
- 12.2. Denmark
- 12.3. Egypt
- 12.4. Finland
- 12.5. France
- 12.6. Germany
- 12.7. Israel
- 12.8. Italy
- 12.9. Netherlands
- 12.10. Nigeria
- 12.11. Norway
- 12.12. Poland
- 12.13. Qatar
- 12.14. Russia
- 12.15. Saudi Arabia
- 12.16. South Africa
- 12.17. Spain
- 12.18. Sweden
- 12.19. Switzerland
- 12.20. Turkey
- 12.21. United Arab Emirates
- 12.22. United Kingdom
- 13. Competitive Landscape
- 13.1. FPNV Positioning Matrix
- 13.2. Market Share Analysis, By Key Player
- 13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Agreement, Collaboration, & Partnership
- 13.3.1.1. Accelleron signs Turbo MarineCare Agreement with Associated Maritime Company (Hong Kong)
- 13.3.1.2. Gridiron Capital Partners with M&D Distributors
- 13.3.1.3. Accelleron turbochargers to be used on J-ENG UE engines
- 13.3.1.4. Mitsubishi Heavy Industries Marine Machinery & Equipment Concludes Licensing Agreement with Mitsui E&S Machinery on Production and Sale of MET Turbochargers
- 13.3.1.5. Textron Aviation Resumes Turbo Skylane Production
- 13.3.2. New Product Launch & Enhancement
- 13.3.2.1. Accelleron launches new service agreements for auxiliary engine turbochargers
- 13.3.2.2. TruCare Maritime’s First-mover Turbocharger Anomaly Detection and Predictive Maintenance-as-a-Service Digital Solution
- 13.3.3. Award, Recognition, & Expansion
- 13.3.3.1. Strong Demand for MET Turbochargers
- 13.3.3.2. Mitsubishi Turbocharger and Engine America is responsible for the distribution of Mitsubishi Marine Propulsion Engines in the USA
- 14. Competitive Portfolio
- 14.1. Key Company Profiles
- 14.1.1. A&S Turbochargers Co. Ltd
- 14.1.2. ABB Ltd
- 14.1.3. BorgWarner Inc.
- 14.1.4. Chongqing Subin Mechanical and Equipment Co.,Ltd.
- 14.1.5. Cooper Machinery Services
- 14.1.6. DEUTZ AG
- 14.1.7. Fengcheng Zhengquan Machinery Co., Ltd.
- 14.1.8. Hartzell Engine Technologies LLC by Tailwind Technologies Inc.
- 14.1.9. Honeywell International Inc.
- 14.1.10. IHI Corporation
- 14.1.11. Jay Marine Power
- 14.1.12. Kawasaki Heavy Industries, Ltd.
- 14.1.13. Kompressorenbau Bannewitz GmbH
- 14.1.14. Main Turbo Systems, Inc.
- 14.1.15. Man Energy Solutions SE
- 14.1.16. Mascot marine services
- 14.1.17. Mitsubishi Heavy Industries, Ltd. by Nidec Corporation
- 14.1.18. Napier Turbochargers
- 14.1.19. PBS Group, a. s.
- 14.1.20. Rolls-Royce PLC
- 14.1.21. SEVEN SEAS MARINE
- 14.1.22. Textron Inc.
- 14.1.23. Turbo Energy Private Limited
- 14.1.24. Turbo Systems Switzerland Ltd
- 14.1.25. VAN DER LEE Turbo Systems
- 14.1.26. Wabtec Corporation
- 14.2. Key Product Portfolio
- 15. Appendix
- 15.1. Discussion Guide
- 15.2. License & Pricing
- FIGURE 1. AIRCRAFT & MARINE TURBOCHARGERS MARKET RESEARCH PROCESS
- FIGURE 2. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, 2023 VS 2030
- FIGURE 3. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, 2018-2030 (USD MILLION)
- FIGURE 4. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY REGION, 2023 VS 2030 (%)
- FIGURE 5. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 6. AIRCRAFT & MARINE TURBOCHARGERS MARKET DYNAMICS
- FIGURE 7. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY PLATFORM, 2023 VS 2030 (%)
- FIGURE 8. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY PLATFORM, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 9. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COMPONENT, 2023 VS 2030 (%)
- FIGURE 10. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COMPONENT, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 11. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY TECHNOLOGY, 2023 VS 2030 (%)
- FIGURE 12. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY TECHNOLOGY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 13. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY END-USE, 2023 VS 2030 (%)
- FIGURE 14. AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY END-USE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 15. AMERICAS AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 16. AMERICAS AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 17. UNITED STATES AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY STATE, 2023 VS 2030 (%)
- FIGURE 18. UNITED STATES AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 19. ASIA-PACIFIC AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 20. ASIA-PACIFIC AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 21. EUROPE, MIDDLE EAST & AFRICA AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
- FIGURE 22. EUROPE, MIDDLE EAST & AFRICA AIRCRAFT & MARINE TURBOCHARGERS MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
- FIGURE 23. AIRCRAFT & MARINE TURBOCHARGERS MARKET, FPNV POSITIONING MATRIX, 2023
- FIGURE 24. AIRCRAFT & MARINE TURBOCHARGERS MARKET SHARE, BY KEY PLAYER, 2023
Pricing
Currency Rates
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