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Turbocharger Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 08, 2023
Length 46 Pages
SKU # IBSS18184183

Description

Turbocharger Manufacturing in the US - Industry Market Research Report


Turbocharger Manufacturing in the US

The Turbocharger Manufacturing industry manufactures turbochargers for use in the engines of cars, light trucks and commercial vehicles. Turbochargers are turbine-driven induction devices that increase an engine's efficiency by forcing extra air into the combustion engine; by increasing the engine's efficiency, turbochargers economize on fuel and reduce carbon dioxide emissions. Therefore, demand for turbochargers fluctuates alongside automotive production, as well as shifting fuel-efficiency regulations. However, the COVID-19 (coronavirus) pandemic resulted in a sharp decline in demand for industry products in 2020 as supply chains were disrupted and downstream demand weakened, with industry revenue declining 11.4% in 2020. As a result, industry revenue is expected to ultimately fall at an annualized rate of 3.4% to $1.8 billion over the five years to 2022, despite an increase of 2.2% in 2022 alone as automobile production rises.

This industry manufactures turbochargers. Turbochargers are centrifugal compressors powered by the exhaust-gas turbine in an engine and are predominantly used in automobiles to enhance engine performance. Turbochargers can also enhance the performance of engines in aircraft, motorsport vehicles and commercial boats, although these products are excluded from the industry.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

46 Pages
TABLE OF CONTENTS

ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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