Market Overview:
The global single 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 fuel-efficient vehicles and rising awareness about the benefits of turbochargers over traditional engines. The global single turbocharger market is segmented on the basis of type, application, and region. On the basis of type, titanium steel, alloy, and other segments are included in this study. Titanium steel segment is expected to hold a major share in terms of revenue in 2018 owing to its properties such as high strength-to-weight ratio and corrosion resistance. Alloy segment is projected to grow at a higher CAGR during the forecast period due its properties such as high tensile strength and toughness as compared with other materials used for manufacturing turbochargers. By application, diesel engine and gasoline engine segments are included in this study.
Product Definition:
A single turbocharger is a turbocharger that supplies compressed air to only one engine cylinder. The purpose of a single turbocharger is to improve the engine's performance by supplying more compressed air to the cylinders.
Titanium Steel:
Titanium steel is a special type of metal that has high corrosion resistance and strength. It also has the ability to withstand high temperatures, which makes it ideal for turbocharger applications. The material is used in various forms ranging from powder to liquid form for several industrial applications such as foundry sand, pigments & paints, chemical compounds and others.
Alloy:
Alloy is a combination of two metals, which are joined by an intermetallic compound. The most common alloys are iron-silicone, nickel-titanium, and cobalt-tungsten. The alloy can be used in various turbocharger applications including impellers and rotors. It helps to increase the life of the turbocharger as it reduces stress corrosion cracking in impellers due to its high resistance towards oxidation and low permeability to gases.
Application Insights:
Diesel engine turbochargers dominated the global single turbocharger application segment and accounted for a revenue share of over 50.0% in 2017. The diesel engine is considered to be the most energy-efficient vehicle engines as compared to gasoline or hybrid vehicles. This efficiency factor has resulted in high demand for diesel engines across various applications such as marine, trucks, buses, construction equipment and agricultural machinery among others.
The growing importance of environmental protection coupled with rising fuel prices has driven consumers toward more fuel-efficient vehicles which are equipped with single turbine systems instead of dual or multi turbines system used on conventional turboschargesystems.
Regional Analysis:
Europe accounted for the largest market share of over 35% in 2017. The region is expected to dominate the global industry over the forecast period owing to stringent emission norms and regulations by various regulatory bodies, such as EEA, EU6 and California Air Resources Board (CARB). Furthermore, presence of leading automobile manufacturers such as Volkswagen Group; BMW AG; Mercedes-Benz AG; Audi A3 Sportback e-tron quattro Roadster Veloce Turbocharged Engineered Turbine Fuel System Direct Injection (TFE) Model variants etc. will drive growth in Europe region.
Asia Pacific is anticipated to be one of the fastest growing regions with a CAGR exceeding 6% from 2018 to 2030 owing to increasing demand for high performance turbochargers from key markets including China and India on account of rising automotive production levels across these countries. Moreover, government initiatives encouraging domestic manufacturing are estimated boost regional product demand during the forecast period.
Growth Factors:
- Increasing demand for fuel-efficient vehicles: The global market for passenger cars is expected to grow at a CAGR of more than 3% from 2016 to 2020. This growth can be attributed to the increasing demand for fuel-efficient vehicles across the globe. Turbochargers help improve the fuel efficiency of a vehicle by up to 30%. Thus, the increasing demand for fuel-efficient vehicles is likely to drive the growth of the single turbocharger market during the forecast period.
- Stringent emission norms: Stringent emission norms are being implemented in various countries across the globe in an effort to reduce air pollution levels. For instance, Euro 6 emission norms were introduced in Europe in September 2014 and came into force on January 1, 2017. These norms mandate that all new passenger cars sold in Europe must meet certain emissions standards. Turbochargers help engines meet these stringent emissions standards by improving engine performance and reducing exhaust emissions levels. As a result, stringent emission norms are likely to drive demand for turbocharged engines and consequently boost growth ofthe single turbocharger market duringthe forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Single Turbocharger Market Research Report
By Type
Titanium Steel, Alloy, Other
By Application
Diesel Engine, Gasoline Engine
By Companies
Honeywell, BorgWarner, MHI, IHI, Cummins, Bosch Mahle, Continental, Hunan Tyen, Weifu Tianli, Kangyue, Honeywell, Shenlong, Okiya Group, Zhejiang Rongfa, Hunan Rugidove
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
188
Number of Tables & Figures
132
Customization Available
Yes, the report can be customized as per your need.
Global Single Turbocharger Market Report Segments:
The global Single Turbocharger market is segmented on the basis of:
Types
Titanium Steel, Alloy, Other
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
Diesel Engine, Gasoline Engine
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:
- Honeywell
- BorgWarner
- MHI
- IHI
- Cummins
- Bosch Mahle
- Continental
- Hunan Tyen
- Weifu Tianli
- Kangyue
- Honeywell
- Shenlong
- Okiya Group
- Zhejiang Rongfa
- Hunan Rugidove
Highlights of The Single 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:
- Titanium Steel
- Alloy
- Other
- By Application:
- Diesel Engine
- Gasoline Engine
- 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 Single 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
A single turbocharger is a type of air-to-air engine turbocharger that uses one compressor wheel to compress air.
Some of the key players operating in the single turbocharger market are Honeywell, BorgWarner, MHI, IHI, Cummins, Bosch Mahle, Continental, Hunan Tyen, Weifu Tianli, Kangyue, Honeywell, Shenlong, Okiya Group, Zhejiang Rongfa, Hunan Rugidove.
The single 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 Single 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 Single Turbocharger Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Single 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 Single 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 Single Turbocharger Market Size & Forecast, 2018-2028
4.5.1 Single Turbocharger Market Size and Y-o-Y Growth
4.5.2 Single Turbocharger Market Absolute $ Opportunity
Chapter 5 Global Single 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 Single Turbocharger Market Size Forecast by Type
5.2.1 Titanium Steel
5.2.2 Alloy
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Single 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 Single Turbocharger Market Size Forecast by Applications
6.2.1 Diesel Engine
6.2.2 Gasoline Engine
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Single 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 Single 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 Single Turbocharger Analysis and Forecast
9.1 Introduction
9.2 North America Single 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 Single Turbocharger Market Size Forecast by Type
9.6.1 Titanium Steel
9.6.2 Alloy
9.6.3 Other
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 Single Turbocharger Market Size Forecast by Applications
9.10.1 Diesel Engine
9.10.2 Gasoline Engine
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 Single Turbocharger Analysis and Forecast
10.1 Introduction
10.2 Europe Single 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 Single Turbocharger Market Size Forecast by Type
10.6.1 Titanium Steel
10.6.2 Alloy
10.6.3 Other
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 Single Turbocharger Market Size Forecast by Applications
10.10.1 Diesel Engine
10.10.2 Gasoline Engine
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 Single Turbocharger Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Single 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 Single Turbocharger Market Size Forecast by Type
11.6.1 Titanium Steel
11.6.2 Alloy
11.6.3 Other
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 Single Turbocharger Market Size Forecast by Applications
11.10.1 Diesel Engine
11.10.2 Gasoline Engine
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 Single Turbocharger Analysis and Forecast
12.1 Introduction
12.2 Latin America Single 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 Single Turbocharger Market Size Forecast by Type
12.6.1 Titanium Steel
12.6.2 Alloy
12.6.3 Other
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 Single Turbocharger Market Size Forecast by Applications
12.10.1 Diesel Engine
12.10.2 Gasoline Engine
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) Single Turbocharger Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Single 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) Single Turbocharger Market Size Forecast by Type
13.6.1 Titanium Steel
13.6.2 Alloy
13.6.3 Other
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) Single Turbocharger Market Size Forecast by Applications
13.10.1 Diesel Engine
13.10.2 Gasoline Engine
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 Single Turbocharger Market: Competitive Dashboard
14.2 Global Single Turbocharger Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Honeywell
14.3.2 BorgWarner
14.3.3 MHI
14.3.4 IHI
14.3.5 Cummins
14.3.6 Bosch Mahle
14.3.7 Continental
14.3.8 Hunan Tyen
14.3.9 Weifu Tianli
14.3.10 Kangyue
14.3.11 Honeywell
14.3.12 Shenlong
14.3.13 Okiya Group
14.3.14 Zhejiang Rongfa
14.3.15 Hunan Rugidove
