Market Overview:
The global industrial diesel turbocharger market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for diesel-powered vehicles and equipment in the commercial and industrial sectors. Additionally, the growing awareness about fuel efficiency and emissions reduction is also propelling the demand for turbochargers in these applications. The global industrial diesel turbocharger market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into OEM (original equipment manufacturer) and aftermarket segments. The OEM segment is expected to account for a larger share of the market due to its higher adoption in premium vehicles and equipment. On the basis of application, it can be classified into marine, power generation, agricultural equipment, construction equipment railway transportation mining equipments others segments . Among these applications ,the marine sector is projectedto witness highest growth duringthe forecast period owingto increasing demand from emerging economies such as Chinaand India .
Product Definition:
An industrial diesel turbocharger is a turbine-driven forced induction device used to increase the power and efficiency of a diesel engine. Turbochargers are commonly used in trucks, buses, construction equipment, and marine engines. The importance of industrial diesel turbochargers is that they allow engines to operate at higher power levels while maintaining fuel economy and emissions compliance.
OEM:
OEM is short for Original Equipment Manufacture. It's a term used in the automotive industry to refer to the original manufacturer of an automobile part or component. In this case, it refers to the manufacturer of an OEM turbocharger.
Aftermarket:
Aftermarket is the second hand market of the consumer goods and services. The goods which are sold in this market do not have a brand name but they have a unique product identification number called as barcode. This code acts as an aftermarket part number for all types of products which are bought and sold in retail markets worldwide.
Application Insights:
The railways application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for diesel engines in locomotives as they provide higher power output, improved fuel efficiency, and lower emissions when compared with electric or gas turbine engines.
Diesel engine-powered vessels are widely used across various industries such as marine transportation, agriculture equipment, construction equipment, forestry equipment & material handling services owing to their ability to provide high power output while using relatively low amount of fuel per unit of work done. Agriculture is one of the major applications that utilizes diesel turbochargers as they offer increased performance levels along with enhanced reliability and durability in comparison with other types of agricultural machinery fueled by gasoline or steam-driven turbines.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, rising disposable income, and expanding industrial sector. In addition, rapid development of transportation infrastructure in emerging economies such as China and India is anticipated to fuel product demand.
The regional market was followed by Europe that accounted for a share of more than 20% in terms of revenue in 2017 owing to high diesel consumption across major countries including Germany, France Italy, Spain among others. However sluggish growth may seem from outside considering current political uncertainties around Brexit or Grexit etc., it's clear that this region will be tested severely with respect to economic performance during 2018-2030 period which may impact demand for turbochargers negatively over the long term despite any short term benefits they might offer due to their low cost compared with other types currently being used (natural gas turbines).
Growth Factors:
- Increasing demand for industrial diesel turbochargers from developing countries owing to the growth of their automotive and manufacturing industries.
- Growing popularity of diesel engines in commercial vehicles, which is expected to drive the demand for industrial diesel turbochargers over the forecast period.
- Technological advancements in industrial diesel turbochargers that are resulting in improved fuel efficiency and performance, which is likely to boost their demand over the next few years.
- Stringent emission norms across regions are prompting Original Equipment Manufacturers (OEMs) to adopt advanced technologies such as turbocharging systems in order to comply with these norms, thereby propelling the market growth prospects for industrial diesel turbochargers during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Diesel Turbocharger Market Research Report
By Type
OEM, Aftermarket
By Application
Marine, Power Generation, Agricultural Equipment, Construction Equipment, Railways, Mining Equipment, Others
By Companies
Mitsubishi Heavy Industries, Volkswagen, ABB, BMW, Cummins, Toyota Motor Corporation, Wabtec Corporation, BorgWarner, Turbo Service International, Kompressorenbau Bannewitz
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
228
Number of Tables & Figures
160
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Diesel Turbocharger Market Report Segments:
The global Industrial Diesel Turbocharger market is segmented on the basis of:
Types
OEM, Aftermarket
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
Marine, Power Generation, Agricultural Equipment, Construction Equipment, Railways, Mining Equipment, Others
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:
- Mitsubishi Heavy Industries
- Volkswagen
- ABB
- BMW
- Cummins
- Toyota Motor Corporation
- Wabtec Corporation
- BorgWarner
- Turbo Service International
- Kompressorenbau Bannewitz
Highlights of The Industrial Diesel Turbocharger 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:
- OEM
- Aftermarket
- By Application:
- Marine
- Power Generation
- Agricultural Equipment
- Construction Equipment
- Railways
- Mining Equipment
- Others
- 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 Industrial Diesel Turbocharger 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 industrial diesel turbocharger is a type of turbocharger used in diesel engines. It was originally designed to increase the power and efficiency of these engines, but it has also become popular for use in electric vehicles.
Some of the key players operating in the industrial diesel turbocharger market are Mitsubishi Heavy Industries, Volkswagen, ABB, BMW, Cummins, Toyota Motor Corporation, Wabtec Corporation, BorgWarner, Turbo Service International, Kompressorenbau Bannewitz.
The industrial diesel turbocharger 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 Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size & Forecast, 2018-2028
4.5.1 Industrial Diesel Turbocharger Market Size and Y-o-Y Growth
4.5.2 Industrial Diesel Turbocharger Market Absolute $ Opportunity
Chapter 5 Global Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size Forecast by Type
5.2.1 OEM
5.2.2 Aftermarket
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size Forecast by Applications
6.2.1 Marine
6.2.2 Power Generation
6.2.3 Agricultural Equipment
6.2.4 Construction Equipment
6.2.5 Railways
6.2.6 Mining Equipment
6.2.7 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Analysis and Forecast
9.1 Introduction
9.2 North America Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size Forecast by Type
9.6.1 OEM
9.6.2 Aftermarket
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 Industrial Diesel Turbocharger Market Size Forecast by Applications
9.10.1 Marine
9.10.2 Power Generation
9.10.3 Agricultural Equipment
9.10.4 Construction Equipment
9.10.5 Railways
9.10.6 Mining Equipment
9.10.7 Others
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 Industrial Diesel Turbocharger Analysis and Forecast
10.1 Introduction
10.2 Europe Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size Forecast by Type
10.6.1 OEM
10.6.2 Aftermarket
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 Industrial Diesel Turbocharger Market Size Forecast by Applications
10.10.1 Marine
10.10.2 Power Generation
10.10.3 Agricultural Equipment
10.10.4 Construction Equipment
10.10.5 Railways
10.10.6 Mining Equipment
10.10.7 Others
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 Industrial Diesel Turbocharger Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size Forecast by Type
11.6.1 OEM
11.6.2 Aftermarket
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 Industrial Diesel Turbocharger Market Size Forecast by Applications
11.10.1 Marine
11.10.2 Power Generation
11.10.3 Agricultural Equipment
11.10.4 Construction Equipment
11.10.5 Railways
11.10.6 Mining Equipment
11.10.7 Others
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 Industrial Diesel Turbocharger Analysis and Forecast
12.1 Introduction
12.2 Latin America Industrial Diesel Turbocharger 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 Industrial Diesel Turbocharger Market Size Forecast by Type
12.6.1 OEM
12.6.2 Aftermarket
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 Industrial Diesel Turbocharger Market Size Forecast by Applications
12.10.1 Marine
12.10.2 Power Generation
12.10.3 Agricultural Equipment
12.10.4 Construction Equipment
12.10.5 Railways
12.10.6 Mining Equipment
12.10.7 Others
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) Industrial Diesel Turbocharger Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Industrial Diesel Turbocharger 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) Industrial Diesel Turbocharger Market Size Forecast by Type
13.6.1 OEM
13.6.2 Aftermarket
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) Industrial Diesel Turbocharger Market Size Forecast by Applications
13.10.1 Marine
13.10.2 Power Generation
13.10.3 Agricultural Equipment
13.10.4 Construction Equipment
13.10.5 Railways
13.10.6 Mining Equipment
13.10.7 Others
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 Industrial Diesel Turbocharger Market: Competitive Dashboard
14.2 Global Industrial Diesel Turbocharger Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsubishi Heavy Industries
14.3.2 Volkswagen
14.3.3 ABB
14.3.4 BMW
14.3.5 Cummins
14.3.6 Toyota Motor Corporation
14.3.7 Wabtec Corporation
14.3.8 BorgWarner
14.3.9 Turbo Service International
14.3.10 Kompressorenbau Bannewitz
