Market Overview:
The global turbocharger parts market is estimated to be valued at US$ 2,362.8 Mn in 2018 and is projected to reach US$ 4,711.5 Mn by 2030, registering a CAGR of 7.4% from 2018 to 2030. The growth of the global turbocharger parts market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, rising awareness about fuel-efficient vehicles and stringent emission norms are also propelling the growth of the global turbocharger parts market. On the basis of type, compressor wheels accounted for a major share of 49% in terms of value in 2017.
Product Definition:
A turbocharger is an exhaust gas-driven compressor used to increase the power output of an engine. Turbochargers are commonly used in passenger cars and diesel engines.
Compressor Wheels:
Compressor wheels are used in turbochargers to decrease the rotational speed of the impeller and increase pressure ratio. Compressor wheels are fixed on a shaft which is driven by a crankshaft. The faster the engine, the more impellers there will be and thus more power to drive them.
Turbine Wheels:
Turbine wheels are used in turbocharger parts. They are cast iron or steel wheels with a large number of small, thin blades mounted around the rim. The purpose of these blades is to capture and hold air into the combustion chamber, which increases pressure and velocity within the engine cylinder. As a result, they help increase power output by reducing lag associated with an internal combustion engine while improving fuel efficiency by making engines operate more efficiently.
Application Insights:
The automotive segment dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The growing demand for electric vehicles, coupled with increasing sales of passenger cars and light commercial vehicles, is anticipated to drive the industry. In addition, favorable government policies regarding carbon emission reduction are expected to drive demand further.
Turbocharger parts are used in various applications including automotive, marine and industrial among others. Automotive application accounted for a revenue share of around 72% in 2017 owing to increased production levels of passenger cars and light commercial vehicles across countries such as China Japan India Mexico U.S.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market, expanding at a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing demand for energy in emerging economies such as China and India. Furthermore, growing automotive industry in these countries will drive the market further. For instance, India has entered into an agreement with Russia for purchasing two nuclear reactors each worth USD X billion’s term loan facility from Rosatom Corporation through state-owned Nuclear Power Corporation of India Ltd (NPCIL). The first unit is expected to be operational by 2019 and second one by 2020.
Growth Factors:
- Increasing demand for fuel-efficient vehicles
- Stringent emission norms by regulatory authorities
- Rising popularity of turbocharged engines in passenger cars and commercial vehicles
- Growing demand for replacement parts and components
- Technological advancements in turbocharger design and manufacturing
Scope Of The Report
Report Attributes
Report Details
Report Title
Turbocharger Parts Market Research Report
By Type
Compressor Wheels, Turbine Wheels, Compressor Housings, Turbine Housings, Center Housings, Others
By Application
Automotive, Ship
By Companies
Indo Schöttle, ABI Showatech(India)Private Limited, E & E Turbo, Turbotech Precision Products Ltd, UACJ Corporation, Doncasters Group Ltd, Wabtec Corporation, Garrett Motion Inc, Kangyue, Tianjin New Wei San, Wescast Industries, Changzhou CRRC, Wuxi YeLong Precision Machinery, Wuxi BEST, Lihu
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
189
Number of Tables & Figures
133
Customization Available
Yes, the report can be customized as per your need.
Global Turbocharger Parts Market Report Segments:
The global Turbocharger Parts market is segmented on the basis of:
Types
Compressor Wheels, Turbine Wheels, Compressor Housings, Turbine Housings, Center Housings, Others
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
Automotive, Ship
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:
- Indo Schöttle
- ABI Showatech(India)Private Limited
- E & E Turbo
- Turbotech Precision Products Ltd
- UACJ Corporation
- Doncasters Group Ltd
- Wabtec Corporation
- Garrett Motion Inc
- Kangyue
- Tianjin New Wei San
- Wescast Industries
- Changzhou CRRC
- Wuxi YeLong Precision Machinery
- Wuxi BEST
- Lihu
Highlights of The Turbocharger Parts 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:
- Compressor Wheels
- Turbine Wheels
- Compressor Housings
- Turbine Housings
- Center Housings
- Others
- By Application:
- Automotive
- Ship
- 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 Turbocharger Parts 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
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Turbocharger parts are the individual pieces that make up a turbocharger system. Turbochargers are used to increase the power and performance of an engine.
Some of the major players in the turbocharger parts market are Indo Sch¶ttle, ABI Showatech(India)Private Limited, E & E Turbo, Turbotech Precision Products Ltd, UACJ Corporation, Doncasters Group Ltd, Wabtec Corporation, Garrett Motion Inc, Kangyue, Tianjin New Wei San, Wescast Industries, Changzhou CRRC, Wuxi YeLong Precision Machinery, Wuxi BEST, Lihu.
The turbocharger parts market is expected to grow at a compound annual growth rate of 7.4%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Turbocharger Parts 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 Turbocharger Parts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Turbocharger Parts 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 Turbocharger Parts 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 Turbocharger Parts Market Size & Forecast, 2018-2028
4.5.1 Turbocharger Parts Market Size and Y-o-Y Growth
4.5.2 Turbocharger Parts Market Absolute $ Opportunity
Chapter 5 Global Turbocharger Parts 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 Turbocharger Parts Market Size Forecast by Type
5.2.1 Compressor Wheels
5.2.2 Turbine Wheels
5.2.3 Compressor Housings
5.2.4 Turbine Housings
5.2.5 Center Housings
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Turbocharger Parts 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 Turbocharger Parts Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Ship
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Turbocharger Parts 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 Turbocharger Parts 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 Turbocharger Parts Analysis and Forecast
9.1 Introduction
9.2 North America Turbocharger Parts 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 Turbocharger Parts Market Size Forecast by Type
9.6.1 Compressor Wheels
9.6.2 Turbine Wheels
9.6.3 Compressor Housings
9.6.4 Turbine Housings
9.6.5 Center Housings
9.6.6 Others
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 Turbocharger Parts Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Ship
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 Turbocharger Parts Analysis and Forecast
10.1 Introduction
10.2 Europe Turbocharger Parts 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 Turbocharger Parts Market Size Forecast by Type
10.6.1 Compressor Wheels
10.6.2 Turbine Wheels
10.6.3 Compressor Housings
10.6.4 Turbine Housings
10.6.5 Center Housings
10.6.6 Others
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 Turbocharger Parts Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Ship
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 Turbocharger Parts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Turbocharger Parts 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 Turbocharger Parts Market Size Forecast by Type
11.6.1 Compressor Wheels
11.6.2 Turbine Wheels
11.6.3 Compressor Housings
11.6.4 Turbine Housings
11.6.5 Center Housings
11.6.6 Others
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 Turbocharger Parts Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Ship
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 Turbocharger Parts Analysis and Forecast
12.1 Introduction
12.2 Latin America Turbocharger Parts 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 Turbocharger Parts Market Size Forecast by Type
12.6.1 Compressor Wheels
12.6.2 Turbine Wheels
12.6.3 Compressor Housings
12.6.4 Turbine Housings
12.6.5 Center Housings
12.6.6 Others
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 Turbocharger Parts Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Ship
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) Turbocharger Parts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Turbocharger Parts 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) Turbocharger Parts Market Size Forecast by Type
13.6.1 Compressor Wheels
13.6.2 Turbine Wheels
13.6.3 Compressor Housings
13.6.4 Turbine Housings
13.6.5 Center Housings
13.6.6 Others
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) Turbocharger Parts Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Ship
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 Turbocharger Parts Market: Competitive Dashboard
14.2 Global Turbocharger Parts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Indo Schöttle
14.3.2 ABI Showatech(India)Private Limited
14.3.3 E & E Turbo
14.3.4 Turbotech Precision Products Ltd
14.3.5 UACJ Corporation
14.3.6 Doncasters Group Ltd
14.3.7 Wabtec Corporation
14.3.8 Garrett Motion Inc
14.3.9 Kangyue
14.3.10 Tianjin New Wei San
14.3.11 Wescast Industries
14.3.12 Changzhou CRRC
14.3.13 Wuxi YeLong Precision Machinery
14.3.14 Wuxi BEST
14.3.15 Lihu
