Global Turbocompressor Market Insights, Forecast to 2028
Description
Market Analysis and Insights: Global Turbocompressor Market
Due to the COVID-19 pandemic, the global Turbocompressor market size is estimated to be worth US$ 13,243.35 million in 2022 and is forecast to a readjusted size of US$ 18,538.46 million by 2028 with a CAGR of 5.77% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, OEM accounting for 87.55% of the Turbocompressor global market in 2021, is projected to value US$ 16,363.97 million by 2028, growing at a revised 5.88% CAGR from 2022 to 2028. While Automotive segment is altered to an 6.61% CAGR throughout this forecast period.
Asia-Pacific Turbocompressor market size was US$ 4020.14 million in 2021, while the North America and Europe Turbocompressor were US$ 1864.48 million and US$ 5618.89 million, severally. The sales proportion of the US was 14.08% in 2021, while China and Europe are 19.27% and 41.27% respectively, and it is predicted that China proportion will reach 21.53% in 2028, trailing a CAGR of 8.02% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 6.99%, 6.58%, and 7.62% respectively for the next 6-year period.
The global key manufacturers of Turbocompressor include Garrett Motion, BorgWarner, IHI, MHI, Cummins, BMTS TECHNOLOGY, Continental, Hunan Tyen Machinery, and Weifu Tianli Turbocharging, etc. In 2021, the global top five players hold a share approximately 82.27% in terms of revenue.
In terms of production side, this report researches the Turbocompressor production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Turbocompressor by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Turbocompressor Scope and Segment
Turbocompressor market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Turbocompressor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type, and by Application for the period 2017-2028.
Segment by Type
OEM
Aftermarket
Segment by Application
Automotive
Industrial
By Company
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers
Production by Region
North America
Europe
China
Japan
India
Sales by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Europe
Germany
France
U.K.
Italy
Russia
South America
Brazil
Argentina
Middle East & Africa
Middle East
Africa
Due to the COVID-19 pandemic, the global Turbocompressor market size is estimated to be worth US$ 13,243.35 million in 2022 and is forecast to a readjusted size of US$ 18,538.46 million by 2028 with a CAGR of 5.77% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, OEM accounting for 87.55% of the Turbocompressor global market in 2021, is projected to value US$ 16,363.97 million by 2028, growing at a revised 5.88% CAGR from 2022 to 2028. While Automotive segment is altered to an 6.61% CAGR throughout this forecast period.
Asia-Pacific Turbocompressor market size was US$ 4020.14 million in 2021, while the North America and Europe Turbocompressor were US$ 1864.48 million and US$ 5618.89 million, severally. The sales proportion of the US was 14.08% in 2021, while China and Europe are 19.27% and 41.27% respectively, and it is predicted that China proportion will reach 21.53% in 2028, trailing a CAGR of 8.02% through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR 6.99%, 6.58%, and 7.62% respectively for the next 6-year period.
The global key manufacturers of Turbocompressor include Garrett Motion, BorgWarner, IHI, MHI, Cummins, BMTS TECHNOLOGY, Continental, Hunan Tyen Machinery, and Weifu Tianli Turbocharging, etc. In 2021, the global top five players hold a share approximately 82.27% in terms of revenue.
In terms of production side, this report researches the Turbocompressor production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Turbocompressor by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Turbocompressor Scope and Segment
Turbocompressor market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Turbocompressor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type, and by Application for the period 2017-2028.
Segment by Type
OEM
Aftermarket
Segment by Application
Automotive
Industrial
By Company
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers
Production by Region
North America
Europe
China
Japan
India
Sales by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Europe
Germany
France
U.K.
Italy
Russia
South America
Brazil
Argentina
Middle East & Africa
Middle East
Africa
Table of Contents
147 Pages
- 1 Study Coverage
- 1.1 Turbocompressor Product Introduction
- 1.2 Market by Type
- 1.2.1 Global Turbocompressor Market Size by Type, 2017 VS 2021 VS 2028
- 1.2.2 OEM
- 1.2.3 Aftermarket
- 1.3 Market by Application
- 1.3.1 Global Turbocompressor Market Size by Application, 2017 VS 2021 VS 2028
- 1.3.2 Automotive
- 1.3.3 Industrial
- 1.4 Study Objectives
- 1.5 Years Considered
- 2 Global Turbocompressor Production
- 2.1 Global Turbocompressor Production by Region: 2017 VS 2021 VS 2028
- 2.2 Global Turbocompressor Production by Region
- 2.2.1 Global Turbocompressor Historic Production by Region (2017-2022)
- 2.2.2 Global Turbocompressor Forecasted Production by Region (2023-2028)
- 2.3 North America
- 2.4 Europe
- 2.5 China
- 2.6 Japan
- 2.7 India
- 3 Global Turbocompressor Sales in Volume & Value Estimates and Forecasts
- 3.1 Global Turbocompressor Sales Estimates and Forecasts 2017-2028
- 3.2 Global Turbocompressor Revenue Estimates and Forecasts 2017-2028
- 3.3 Global Turbocompressor Revenue by Region: 2017 VS 2021 VS 2028
- 3.4 Global Turbocompressor Sales by Region
- 3.4.1 Global Turbocompressor Sales by Region (2017-2022)
- 3.4.2 Global Sales Turbocompressor by Region (2023-2028)
- 3.5 Global Turbocompressor Revenue by Region
- 3.5.1 Global Turbocompressor Revenue by Region (2017-2022)
- 3.5.2 Global Turbocompressor Revenue by Region (2023-2028)
- 3.6 North America
- 3.7 Europe
- 3.8 Asia-Pacific
- 3.9 South America
- 3.10 Middle East & Africa
- 4 Competition by Manufacturers
- 4.1 Global Turbocompressor Sales by Manufacturers
- 4.1.1 Global Turbocompressor Sales by Manufacturers (2017-2022)
- 4.1.2 Global Turbocompressor Sales Market Share by Manufacturers (2017-2022)
- 4.2 Global Turbocompressor Revenue by Manufacturers
- 4.2.1 Global Turbocompressor Revenue by Manufacturers (2017-2022)
- 4.2.2 Global Turbocompressor Revenue Market Share by Manufacturers (2017-2022)
- 4.2.3 Global Top 10 and Top 5 Companies by Turbocompressor Revenue in 2021
- 4.3 Global Turbocompressor Sales Price by Manufacturers (2017-2022)
- 4.4 Analysis of Competitive Landscape
- 4.4.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 4.4.2 Global Turbocompressor Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
- 4.4.3 Global Turbocompressor Manufacturers Geographical Distribution
- 4.5 Mergers & Acquisitions, Expansion Plans
- 5 Market Size by Type
- 5.1 Global Turbocompressor Sales by Type
- 5.1.1 Global Turbocompressor Historical Sales by Type (2017-2022)
- 5.1.2 Global Turbocompressor Forecasted Sales by Type (2023-2028)
- 5.1.3 Global Turbocompressor Sales Market Share by Type (2017-2028)
- 5.2 Global Turbocompressor Revenue by Type
- 5.2.1 Global Turbocompressor Historical Revenue by Type (2017-2022)
- 5.2.2 Global Turbocompressor Forecasted Revenue by Type (2023-2028)
- 5.2.3 Global Turbocompressor Revenue Market Share by Type (2017-2028)
- 5.3 Global Turbocompressor Price by Type
- 5.3.1 Global Turbocompressor Price by Type (2017-2022)
- 5.3.2 Global Turbocompressor Price Forecast by Type (2023-2028)
- 6 Market Size by Application
- 6.1 Global Turbocompressor Sales by Application
- 6.1.1 Global Turbocompressor Historical Sales by Application (2017-2022)
- 6.1.2 Global Turbocompressor Forecasted Sales by Application (2023-2028)
- 6.1.3 Global Turbocompressor Sales Market Share by Application (2017-2028)
- 7 North America
- 7.1 North America Turbocompressor Market Size by Type
- 7.1.1 North America Turbocompressor Sales by Type (2017-2028)
- 7.1.2 North America Turbocompressor Revenue by Type (2017-2028)
- 7.2 North America Turbocompressor Market Size by Application
- 7.2.1 North America Turbocompressor Sales by Application (2017-2028)
- 7.3 North America Turbocompressor Sales by Country
- 7.3.1 North America Turbocompressor Sales by Country (2017-2028)
- 7.3.2 United States
- 7.3.3 Canada
- 7.3.4 Mexico
- 8 Europe
- 8.1 Europe Turbocompressor Market Size by Type
- 8.1.1 Europe Turbocompressor Sales by Type (2017-2028)
- 8.1.2 Europe Turbocompressor Revenue by Type (2017-2028)
- 8.2 Europe Turbocompressor Market Size by Application
- 8.2.1 Europe Turbocompressor Sales by Application (2017-2028)
- 8.3 Europe Turbocompressor Market Size by Country
- 8.3.1 Europe Turbocompressor Sales by Country (2017-2028)
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 U.K.
- 8.3.5 Italy
- 8.3.6 Russia
- 9 Asia Pacific
- 9.1 Asia Pacific Turbocompressor Market Size by Type
- 9.1.1 Asia Pacific Turbocompressor Sales by Type (2017-2028)
- 9.1.2 Asia Pacific Turbocompressor Revenue by Type (2017-2028)
- 9.2 Asia Pacific Turbocompressor Market Size by Application
- 9.2.1 Asia Pacific Turbocompressor Sales by Application (2017-2028)
- 9.3 Asia Pacific Turbocompressor Market Size by Region
- 9.3.1 Asia Pacific Turbocompressor Sales by Region (2017-2028)
- 9.3.2 China
- 9.3.3 Japan
- 9.3.4 Korea
- 9.3.5 India
- 9.3.6 Southeast Asia
- 9.3.7 Australia
- 10 South America
- 10.1 South America Turbocompressor Market Size by Type
- 10.1.1 South America Turbocompressor Sales by Type (2017-2028)
- 10.1.2 South America Turbocompressor Revenue by Type (2017-2028)
- 10.2 South America Turbocompressor Market Size by Application
- 10.2.1 South America Turbocompressor Sales by Application (2017-2028)
- 10.3 South America Turbocompressor Market Size by Country
- 10.3.1 South America Turbocompressor Sales by Country (2017-2028)
- 10.3.2 Brazil
- 10.3.3 Argentina
- 11 Middle East and Africa
- 11.1 Middle East and Africa Turbocompressor Market Size by Type
- 11.1.1 Middle East and Africa Turbocompressor Sales by Type (2017-2028)
- 11.1.2 Middle East and Africa Turbocompressor Revenue by Type (2017-2028)
- 11.2 Middle East and Africa Turbocompressor Market Size by Application
- 11.2.1 Middle East and Africa Turbocompressor Sales by Application (2017-2028)
- 11.3 Middle East and Africa Turbocompressor Market Size by Country
- 11.3.1 Middle East and Africa Turbocompressor Sales by Country (2017-2028)
- 11.3.2 Middle East
- 11.3.3 Africa
- 12 Corporate Profile
- 12.1 Garrett Motion
- 12.1.1 Garrett Motion Corporation Information
- 12.1.2 Garrett Motion Overview
- 12.1.3 Garrett Motion Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.1.4 Garrett Motion Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.2 BorgWarner
- 12.2.1 BorgWarner Corporation Information
- 12.2.2 BorgWarner Overview
- 12.2.3 BorgWarner Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.2.4 BorgWarner Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.3 MHI
- 12.3.1 MHI Corporation Information
- 12.3.2 MHI Overview
- 12.3.3 MHI Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.3.4 MHI Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.4 IHI
- 12.4.1 IHI Corporation Information
- 12.4.2 IHI Overview
- 12.4.3 IHI Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.4.4 IHI Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.5 Cummins
- 12.5.1 Cummins Corporation Information
- 12.5.2 Cummins Overview
- 12.5.3 Cummins Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.5.4 Cummins Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.6 BMTS TECHNOLOGY
- 12.6.1 BMTS TECHNOLOGY Corporation Information
- 12.6.2 BMTS TECHNOLOGY Overview
- 12.6.3 BMTS TECHNOLOGY Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.6.4 BMTS TECHNOLOGY Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.7 Continental
- 12.7.1 Continental Corporation Information
- 12.7.2 Continental Overview
- 12.7.3 Continental Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.7.4 Continental Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.8 Turbo Energy
- 12.8.1 Turbo Energy Corporation Information
- 12.8.2 Turbo Energy Overview
- 12.8.3 Turbo Energy Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.8.4 Turbo Energy Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.9 Kangyue Technology
- 12.9.1 Kangyue Technology Corporation Information
- 12.9.2 Kangyue Technology Overview
- 12.9.3 Kangyue Technology Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.9.4 Kangyue Technology Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.10 Weifu Tianli Turbocharging
- 12.10.1 Weifu Tianli Turbocharging Corporation Information
- 12.10.2 Weifu Tianli Turbocharging Overview
- 12.10.3 Weifu Tianli Turbocharging Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.10.4 Weifu Tianli Turbocharging Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.11 Hunan Tyen Machinery
- 12.11.1 Hunan Tyen Machinery Corporation Information
- 12.11.2 Hunan Tyen Machinery Overview
- 12.11.3 Hunan Tyen Machinery Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.11.4 Hunan Tyen Machinery Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.12 Fengcheng Pacific Shenlong Turbocharger
- 12.12.1 Fengcheng Pacific Shenlong Turbocharger Corporation Information
- 12.12.2 Fengcheng Pacific Shenlong Turbocharger Overview
- 12.12.3 Fengcheng Pacific Shenlong Turbocharger Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.12.4 Fengcheng Pacific Shenlong Turbocharger Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 12.13 Weifang Fuyuan Turbochargers
- 12.13.1 Weifang Fuyuan Turbochargers Corporation Information
- 12.13.2 Weifang Fuyuan Turbochargers Overview
- 12.13.3 Weifang Fuyuan Turbochargers Turbocompressor Sales, Price, Revenue and Gross Margin (2017-2022)
- 12.13.4 Weifang Fuyuan Turbochargers Turbocompressor Product Model Numbers, Pictures, Descriptions and Specifications
- 13 Industry Chain and Sales Channels Analysis
- 13.1 Turbocompressor Industry Chain Analysis
- 13.2 Turbocompressor Key Raw Materials
- 13.2.1 Key Raw Materials
- 13.2.2 Raw Materials Key Suppliers
- 13.3 Turbocompressor Production Mode & Process
- 13.4 Turbocompressor Sales and Marketing
- 13.4.1 Turbocompressor Sales Channels
- 13.4.2 Turbocompressor Distributors
- 13.5 Turbocompressor Customers
- 14 Turbocompressor Market Dynamics
- 14.1 Turbocompressor Industry Trends
- 14.2 Turbocompressor Market Drivers
- 14.3 Turbocompressor Market Challenges
- 14.4 Porter's Five Forces Analysis
- 15 Key Findings in the Global Turbocompressor Study
- 16 Appendix
- 16.1 Research Methodology
- 16.1.1 Methodology/Research Approach
- 16.1.2 Data Source
- 16.2 Author Details
- 16.3 Disclaimer
- List of Tables
- Table 1. Global Turbocompressor Market Size Growth Rate by Type, 2017 VS 2021 VS 2028 (US$ Million)
- Table 2. Major Manufacturers of Aftermarket
- Table 3. Global Turbocompressor Market Size Growth Rate by Application, 2017 VS 2021 VS 2028 (k Units)
- Table 4. Global Turbocompressor Production by Region: 2017 VS 2021 VS 2028 (K Units)
- Table 5. Global Turbocompressor Production by Region (2017-2022) & (K Units)
- Table 6. Global Turbocompressor Production Market Share by Region (2017-2022)
- Table 7. Global Turbocompressor Production by Region (2023-2028) & (K Units)
- Table 8. Global Turbocompressor Production Market Share by Region (2023-2028)
- Table 9. Global Turbocompressor Revenue by Region: 2017 VS 2021 VS 2028 (US$ Million)
- Table 10. Global Turbocompressor Sales by Region (2017-2022) & (K Units)
- Table 11. Global Turbocompressor Sales Market Share by Region (2017-2022)
- Table 12. Global Turbocompressor Sales by Region (2023-2028) & (K Units)
- Table 13. Global Turbocompressor Sales Market Share by Region (2023-2028)
- Table 14. Global Turbocompressor Revenue by Region (2017-2022) & (US$ Million)
- Table 15. Global Turbocompressor Revenue Market Share by Region (2017-2022)
- Table 16. Global Turbocompressor Revenue by Region (2023-2028) & (US$ Million)
- Table 17. Global Turbocompressor Revenue Market Share by Region (2023-2028)
- Table 18. Global Turbocompressor Sales by Manufacturers (2017-2022) & (K Units)
- Table 19. Global Turbocompressor Sales Share by Manufacturers (2017-2022)
- Table 20. Global Turbocompressor Revenue by Manufacturers (2017-2022) & (US$ Million)
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