Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Compressor Wheels Market by Type (20 mm – 40 mm, 40 mm – 60 mm, More than 60 mm), By Application (Automobile Industry, Manufacturing Industry, Oil & Gas Industry, Water Treatment Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Compressor Wheels Market by Type (20 mm – 40 mm, 40 mm – 60 mm, More than 60 mm), By Application (Automobile Industry, Manufacturing Industry, Oil & Gas Industry, Water Treatment Industry) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 443582 4200 Machinery & Equipment 377 174 Pages 4.7 (30)
                                          

Market Overview:


The global compressor wheels 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 compressors in various industries such as automobile, manufacturing, oil & gas and water treatment. In terms of type, the 20 mm – 40 mm segment is expected to dominate the global compressor wheels market during the forecast period owing to its low cost and easy installation. However, with technological advancements, there has been an increase in demand for larger compressor wheels (more than 60 mm) which offer high performance and efficiency.


Global Compressor Wheels Industry Outlook


Product Definition:


Compressor Wheels are the key component of a turbocharger. They are responsible for compressing air and forcing it into the engine. This increases the power and efficiency of the engine. Compressor wheels can be made from a variety of materials, including aluminum, stainless steel, or titanium.


20 mm – 40 mm:


20 mm - 40 mm compressor wheels are used in reciprocating compressors to increase the pressure of air or gas. The 20-40 compressor wheel is a key component of reciprocating compressors and plays an important role in their functioning. These components are manufactured using different materials such as cast iron, steel, aluminum and carbon fiber among others.


40 mm – 60 mm:


40 mm - 60 mm compressor wheels are used in gas and liquid handling applications. 40 - 60 mm size compressor wheel is designed to handle gases or liquids with a volumetric capacity of up to 1.5 m3/h and a pressure rating of up to 5 bar.


These sizes are commonly used for air compressors, but can also be applied in various other industries such as oil & gas, chemical processing, food & beverage processing, pharmaceuticals manufacturing etc.


Application Insights:


Automotive application dominated the global compressor wheels market, accounting for a share of 33.3% in 2017. The rising demand for passenger vehicles in developing countries including India and China on account of increasing disposable income levels coupled with easy access to loans is expected to have a positive impact on the industry growth over the forecast period. In addition, stringent government regulations regarding air pollution and fuel efficiency are anticipated to further propel industry expansion over the next eight years.


The manufacturing industry accounted for another major share in 2017 owing to increased utilization of compressors across power generation plants, industrial gas turbines and chemical processing facilities as compressors provide high-pressure cooling water necessary for these industries' operations without any additional energy costs or environmental impacts compared with other sources such as steam generators or chillers.


Regional Analysis:


Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to rising industrial activities in this region. For instance, China is one of the largest manufacturing hubs and it also has a strong presence in many other industries such as construction, automotive, electronics and others. Thus, owing to its strong presence across various sectors including manufacturing industry and oil & gas industry; Asia Pacific is projected to emerge as one of the promising markets for compressor wheels during the forecast period.


Europe accounted for more than 25% revenue share in 2017 owing to high demand from end-use industries such as oil & gas industry and water treatment sector that are based primarily in Germany, France Italy Russia Spain U.K., Poland etcetera).


Growth Factors:


  • Increasing demand for energy efficient compressors
  • Rising popularity of screw compressors over piston compressors
  • Growing investments in oil and gas sector
  • Proliferation of compressed air systems in various industries
  • Technological advancements in compressor wheel design

Scope Of The Report

Report Attributes

Report Details

Report Title

Compressor Wheels Market Research Report

By Type

20 mm – 40 mm, 40 mm – 60 mm, More than 60 mm

By Application

Automobile Industry, Manufacturing Industry, Oil & Gas Industry, Water Treatment Industry

By Companies

ABI Showatech(India)Private Limited, Nelcon Motor Company, Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd, E & E Turbo, Turbotech Precision Products Ltd, UACJ Corporation, Doncasters Group Ltd, Melett Ltd, Wabtec Corporation, Garrett Motion Inc

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

174

Number of Tables & Figures

122

Customization Available

Yes, the report can be customized as per your need.


Global Compressor Wheels Market Report Segments:

The global Compressor Wheels market is segmented on the basis of:

Types

20 mm – 40 mm, 40 mm – 60 mm, More than 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

Automobile Industry, Manufacturing Industry, Oil & Gas Industry, Water Treatment Industry

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:

  1. ABI Showatech(India)Private Limited
  2. Nelcon Motor Company
  3. Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd
  4. E & E Turbo
  5. Turbotech Precision Products Ltd
  6. UACJ Corporation
  7. Doncasters Group Ltd
  8. Melett Ltd
  9. Wabtec Corporation
  10. Garrett Motion Inc

Global Compressor Wheels Market Overview


Highlights of The Compressor Wheels Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. 20 mm – 40 mm
    2. 40 mm – 60 mm
    3. More than 60 mm
  1. By Application:

    1. Automobile Industry
    2. Manufacturing Industry
    3. Oil & Gas Industry
    4. Water Treatment Industry
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Compressor Wheels 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
  • Market Entry Strategies
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Global Compressor Wheels Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Compressor wheels are used to increase the air pressure in an engine. This is done by using a rotating fan to create a wind flow around the compressor wheel. The higher air pressure causes the engine to run more efficiently and produce more power.

Some of the major companies in the compressor wheels market are ABI Showatech(India)Private Limited, Nelcon Motor Company, Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd, E & E Turbo, Turbotech Precision Products Ltd, UACJ Corporation, Doncasters Group Ltd, Melett Ltd, Wabtec Corporation, Garrett Motion Inc.

The compressor wheels market is expected to grow at a compound annual growth rate of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Compressor Wheels 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 Compressor Wheels Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Compressor Wheels 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 Compressor Wheels 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 Compressor Wheels Market Size & Forecast, 2020-2028       4.5.1 Compressor Wheels Market Size and Y-o-Y Growth       4.5.2 Compressor Wheels Market Absolute $ Opportunity

Chapter 5 Global  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  Market Size Forecast by Type
      5.2.1 20 mm – 40 mm
      5.2.2 40 mm – 60 mm
      5.2.3 More than 60 mm
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global  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  Market Size Forecast by Applications
      6.2.1 Automobile Industry
      6.2.2 Manufacturing Industry
      6.2.3 Oil & Gas Industry
      6.2.4 Water Treatment Industry
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Compressor Wheels 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 Compressor Wheels 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  Analysis and Forecast
   9.1 Introduction
   9.2 North America  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  Market Size Forecast by Type
      9.6.1 20 mm – 40 mm
      9.6.2 40 mm – 60 mm
      9.6.3 More than 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  Market Size Forecast by Applications
      9.10.1 Automobile Industry
      9.10.2 Manufacturing Industry
      9.10.3 Oil & Gas Industry
      9.10.4 Water Treatment Industry
   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  Analysis and Forecast
   10.1 Introduction
   10.2 Europe  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  Market Size Forecast by Type
      10.6.1 20 mm – 40 mm
      10.6.2 40 mm – 60 mm
      10.6.3 More than 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  Market Size Forecast by Applications
      10.10.1 Automobile Industry
      10.10.2 Manufacturing Industry
      10.10.3 Oil & Gas Industry
      10.10.4 Water Treatment Industry
   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  Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific  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  Market Size Forecast by Type
      11.6.1 20 mm – 40 mm
      11.6.2 40 mm – 60 mm
      11.6.3 More than 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  Market Size Forecast by Applications
      11.10.1 Automobile Industry
      11.10.2 Manufacturing Industry
      11.10.3 Oil & Gas Industry
      11.10.4 Water Treatment Industry
   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  Analysis and Forecast
   12.1 Introduction
   12.2 Latin America  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  Market Size Forecast by Type
      12.6.1 20 mm – 40 mm
      12.6.2 40 mm – 60 mm
      12.6.3 More than 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  Market Size Forecast by Applications
      12.10.1 Automobile Industry
      12.10.2 Manufacturing Industry
      12.10.3 Oil & Gas Industry
      12.10.4 Water Treatment Industry
   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)  Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA)  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)  Market Size Forecast by Type
      13.6.1 20 mm – 40 mm
      13.6.2 40 mm – 60 mm
      13.6.3 More than 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)  Market Size Forecast by Applications
      13.10.1 Automobile Industry
      13.10.2 Manufacturing Industry
      13.10.3 Oil & Gas Industry
      13.10.4 Water Treatment Industry
   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 Compressor Wheels Market: Competitive Dashboard
   14.2 Global Compressor Wheels Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 ABI Showatech(India)Private Limited
      14.3.2 Nelcon Motor Company
      14.3.3 Jiangyin Uni-Pol Vacuum Casting India Pvt. Ltd
      14.3.4 E & E Turbo
      14.3.5 Turbotech Precision Products Ltd
      14.3.6 UACJ Corporation
      14.3.7 Doncasters Group Ltd
      14.3.8 Melett Ltd
      14.3.9 Wabtec Corporation
      14.3.10 Garrett Motion Inc

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