Market Overview:
The global aluminum compressor wheel market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger vehicles and commercial vehicles across the globe. Additionally, rising awareness about fuel efficiency and emissions is also propelling the demand for aluminum compressor wheels in automobiles. The global aluminum compressor wheel market by type is segmented into 20-40 mm, 40-60 mm, and >60 mm segments. The >60 mm segment is expected to grow at a higher CAGR during the forecast period as compared to other segments owing to its high performance and durability characteristics. On basis of application, the global aluminum compressor wheel market is segmented into passenger vehicle and commercial vehicle segments. The passenger vehicle segment dominated the overall market in 2017 with a share of more than 60%. This can be attributed to increasing demand for luxury cars across different regions worldwide.
Product Definition:
An aluminum compressor wheel is a component of an air compressor. It is responsible for compressing the air that enters the compressor, and it is made from aluminum because it is strong and lightweight. An aluminum compressor wheel can improve the performance of an air compressor by allowing it to compress more air in a given amount of time.
20-40 mm:
20-40 mm is the term used for compressor wheel size. It’s a dimension that refers to the width of an aluminum compressor wheel, which is a key component in air or gas compressors. The 20-40 mm measurement refers to the outside diameter of an aluminum compressor wheel and its height above or below the horizontal plane.
40-60 mm:
40-60 mm is the standard size of aluminum compressor wheel. It is used in various industries such as automotive, construction, and medical. Aluminum compressor wheel finds its application in reciprocating compressors due to high strength and lightweight properties. The 40-60 mm aluminum compressor wheel has a simple design which can be installed easily into any type of reciprocating Compressor Unit (CU).
Application Insights:
The passenger vehicle segment accounted for the largest share of over 60.0% in 2017 and is expected to continue its dominance over the forecast period. Aluminum Compressor Wheel (ACHW) has a lightweight property, which makes it suitable for use in passenger vehicles. This application segment is projected to witness significant growth on account of increasing demand from automotive industry owing to rising sales of passenger cars and light commercial vehicles.
Commercial Vehicle (CV) applications are also anticipated to witness considerable growth during the forecast period as these vehicles are majorly used for transporting goods across various industries such as mining, construction and agriculture among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers, such as Toyota, Honda Motor Co., Ltd., Suzuki Motor Corporation and Hyundai Mobis, has resulted in high demand for aluminum compressor wheels across Asia Pacific. Furthermore, rising disposable income coupled with increasing population will drive automobile sales further driving product demand across this region.
Europe accounted for a significant share of revenue in 2017 owing to rapid industrialization along with growing automotive industry especially Germany's auto industry which is one of the major consumers of these products due to their lightweight features along with corrosion resistance properties required for vehicle manufacturing are some factors that contributed toward regional growth. Moreover, stringent emission norms laid down by various regulatory bodies such as European Union (EU), Environment Agency (EA) are anticipated to boost product adoption across this region over the forecast period.
Growth Factors:
- Increasing demand for aluminum compressor wheel in automotive and aerospace industry.
- Rising adoption of aluminum compressor wheel in electric vehicles.
- Growing demand for energy-efficient and lightweight compressors.
- Technological advancements in the manufacturing of aluminum compressor wheels.
Scope Of The Report
Report Attributes
Report Details
Report Title
Aluminum Compressor Wheel Market Research Report
By Type
20-40 mm, 40-60 mm, >60 mm
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
ABI Showatech Private, BOOSTER Precision Components, BorgWarner, Changzhou E & E Turbo Power, Doncasters Group, E&E Turbo, GARRETT MOTION, Jiangyin Uni-Pol Vacuum Casting India, Melett North America, Nelcon Motor Company, ABI Showatech Private, Pacifica Power Sdn Bhd, PHESSIO TURBO, TurboSystems, Turbotech Precision Products, UACJ Corporation, UNI-POL CHINA, Wabtec Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Aluminum Compressor Wheel Market Report Segments:
The global Aluminum Compressor Wheel market is segmented on the basis of:
Types
20-40 mm, 40-60 mm, >60 mm
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Commercial Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABI Showatech Private
- BOOSTER Precision Components
- BorgWarner
- Changzhou E & E Turbo Power
- Doncasters Group
- E&E Turbo
- GARRETT MOTION
- Jiangyin Uni-Pol Vacuum Casting India
- Melett North America
- Nelcon Motor Company
- ABI Showatech Private
- Pacifica Power Sdn Bhd
- PHESSIO TURBO
- TurboSystems
- Turbotech Precision Products
- UACJ Corporation
- UNI-POL CHINA
- Wabtec Corporation
Highlights of The Aluminum Compressor Wheel Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 20-40 mm
- 40-60 mm
- >60 mm
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Aluminum Compressor Wheel Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An aluminum compressor wheel is a type of air compressor that uses aluminum to create compressed air. Aluminum is a lightweight metal that is easy to work with, making it a popular choice for compressors.
Some of the key players operating in the aluminum compressor wheel market are ABI Showatech Private, BOOSTER Precision Components, BorgWarner, Changzhou E & E Turbo Power, Doncasters Group, E&E Turbo, GARRETT MOTION, Jiangyin Uni-Pol Vacuum Casting India, Melett North America, Nelcon Motor Company, ABI Showatech Private, Pacifica Power Sdn Bhd, PHESSIO TURBO, TurboSystems, Turbotech Precision Products, UACJ Corporation, UNI-POL CHINA, Wabtec Corporation.
The aluminum compressor wheel market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Aluminum Compressor Wheel Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Aluminum Compressor Wheel Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Aluminum Compressor Wheel Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Aluminum Compressor Wheel Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Aluminum Compressor Wheel Market Size & Forecast, 2018-2028
4.5.1 Aluminum Compressor Wheel Market Size and Y-o-Y Growth
4.5.2 Aluminum Compressor Wheel Market Absolute $ Opportunity
Chapter 5 Global Aluminum Compressor Wheel Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Aluminum Compressor Wheel Market Size Forecast by Type
5.2.1 20-40 mm
5.2.2 40-60 mm
5.2.3 >60 mm
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Aluminum Compressor Wheel Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Aluminum Compressor Wheel Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Aluminum Compressor Wheel Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Aluminum Compressor Wheel Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Aluminum Compressor Wheel Analysis and Forecast
9.1 Introduction
9.2 North America Aluminum Compressor Wheel Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Aluminum Compressor Wheel Market Size Forecast by Type
9.6.1 20-40 mm
9.6.2 40-60 mm
9.6.3 >60 mm
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Aluminum Compressor Wheel Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Aluminum Compressor Wheel Analysis and Forecast
10.1 Introduction
10.2 Europe Aluminum Compressor Wheel Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Aluminum Compressor Wheel Market Size Forecast by Type
10.6.1 20-40 mm
10.6.2 40-60 mm
10.6.3 >60 mm
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Aluminum Compressor Wheel Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Aluminum Compressor Wheel Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Aluminum Compressor Wheel Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Aluminum Compressor Wheel Market Size Forecast by Type
11.6.1 20-40 mm
11.6.2 40-60 mm
11.6.3 >60 mm
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Aluminum Compressor Wheel Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Aluminum Compressor Wheel Analysis and Forecast
12.1 Introduction
12.2 Latin America Aluminum Compressor Wheel Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Aluminum Compressor Wheel Market Size Forecast by Type
12.6.1 20-40 mm
12.6.2 40-60 mm
12.6.3 >60 mm
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Aluminum Compressor Wheel Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Aluminum Compressor Wheel Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Aluminum Compressor Wheel Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Aluminum Compressor Wheel Market Size Forecast by Type
13.6.1 20-40 mm
13.6.2 40-60 mm
13.6.3 >60 mm
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Aluminum Compressor Wheel Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Aluminum Compressor Wheel Market: Competitive Dashboard
14.2 Global Aluminum Compressor Wheel Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABI Showatech Private
14.3.2 BOOSTER Precision Components
14.3.3 BorgWarner
14.3.4 Changzhou E & E Turbo Power
14.3.5 Doncasters Group
14.3.6 E&E Turbo
14.3.7 GARRETT MOTION
14.3.8 Jiangyin Uni-Pol Vacuum Casting India
14.3.9 Melett North America
14.3.10 Nelcon Motor Company
14.3.11 ABI Showatech Private
14.3.12 Pacifica Power Sdn Bhd
14.3.13 PHESSIO TURBO
14.3.14 TurboSystems
14.3.15 Turbotech Precision Products
14.3.16 UACJ Corporation
14.3.17 UNI-POL CHINA
14.3.18 Wabtec Corporation
