Description
Global Industrial Diesel Turbocharger Market Research Report – Forecast till 2026
Global Industrial Diesel Turbocharger Market Overview
The Global Industrial Diesel Turbocharger Market is anticipated to exhibit a healthy CAGR of 8.72% to reach a value of USD 5,420.3 Million during the forecast period. A turbocharger is comprised of two principal components namely the turbine and the blower.
The turbine is made up of the turbine wheel and the turbine housing. Turbine housing redirects the exhaust gas into the turbine wheels. The energy from the exhaust gas turns the turbine wheel, and the gas at that point leaves the turbine housing through an exhaust outlet region.
The global industrial diesel turbocharger market is expected to register significant market growth owing to the rising energy demand and rapid developments in the marine industry. However, surged maintenance and operational costs are expected to hinder the market growth during the review period.
The increasing demand for industrial diesel turbocharger across developing countries is estimated to create attractive growth opportunities for major market players. However, high maintenance and operational costs are expected to hinder the market growth globally.
Moreover, the rising demand for industrial diesel turbocharger across developing regions is estimated to create lucrative growth opportunities for major market players during the study period.
Global Industrial Diesel Turbocharger Market Segmentation
Global Market for Industrial Diesel Turbochargers has been classified based on Sales Channel and End User.
Depending on Sales Channel, the global market has been bifurcated into OEM and aftermarket. The OEM segment accounted for the larger market share of 72.11%, with a market value of USD 2,192.1.
In terms of the end-user segment, the global market has been categorized into marine, power generation, agricultural equipment, construction equipment, railways, mining equipment, and others.
Regional Analysis
Based on region, the report on the global industrial diesel turbocharger market has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.
Asia-Pacific is expected to lead the market owing to the largest market share of 37.00% in 2019. The regional market has experienced significant growth in the last two decades owing to the surging marine, power, railways, and construction industries in emerging economies such as India, China, South Korea, Singapore, and Thailand.
Moreover, Industrial diesel turbochargers are widely installed in the marine industry in this region. The market growth in Asia-Pacific is driven by the increasing seaborne trade in several countries, including China, South Korea, and India.
North America is expected to contribute to the second largest market of the global industrial diesel turbocharger market owing to the rising demand for power and the use of different energy sources and technologies in power generation.
Major Players
The growth of the vendors is attributed to the market conditions, government support, and industrial development. Hence the vendors should concentrate on bolstering their presence and enhancing their services. Mitsubishi Heavy Industries, Ltd, Volkswagen AG, ABB, Rolls-Royce plc, Cummins Inc, Toyota Motor Corporation, Napier Turbochargers Ltd, BorgWarner Inc, Turbo Service International BV, and Kompressorenbau Bannewitz GmbH are some of the major players operating in the global market.
COVID 19 Impacts
We are continuously tracking the impact of the COVID-19 pandemic on various industries and verticals within all domains. Our research reports include the same and help you understand the drop and rise, owing to the impact of COVID-19 on the industries.
Also, we help you to identify the gap between the demand and supply of your interested market. Moreover, the report helps you with the analysis, amended government regulations, and many other useful insights.
Power Rental Market: By Fuel Type (Diesel Generators and Gas Generators); By Power Rating (Less Than 50 KW, 51 KW to 500 KW and Above 500 KW); By Application (Peak Shaving, Base Load and Standby); By End-User (Utilities, Oil & gas, Events, Construction, Mining, Manufacturing, Telecom & Datacenter and Others); and Region – Global Analysis by Market Size, Share & Trends for 2014 – 2020 and Forecasts to 2030
Table of Contents
TABLE OF CONTENT
1 EXECUTIVE SUMMARY
1.1 MARKET ATTRACTIVENESS ANALYSIS 15
1.1.1 GLOBAL INDUSTRIAL DIESEL TURBOCHARGER MARKET, BY SALES CHANNEL 16
1.1.2 GLOBAL INDUSTRIAL DIESEL TURBOCHARGER MARKET, BY END USER 17
1.1.3 GLOBAL INDUSTRIAL DIESEL TURBOCHARGER MARKET, BY REGION 18
2 MARKET INTRODUCTION
2.1 DEFINITIONS 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 20
2.5 KEY BUYING CRITERIA 21
3 RESEARCH METHODOLOGY
3.1 RESEARCH PROCESS 22
3.2 PRIMARY RESEARCH 23
3.3 SECONDARY RESEARCH 24
3.4 MARKET SIZE ESTIMATION 25
3.5 FORECAST MODEL 26
3.6 LIST OF ASSUMPTIONS 27
4 MARKET INSIGHTS
5 MARKET DYNAMICS
5.1 INTRODUCTION 30
5.2 DRIVERS 31
5.2.1 INCREASING ENERGY DEMAND 31
5.2.2 RAPID DEVELOPMENTS IN THE MARINE INDUSTRY 31
5.3 RESTRAINT 31
5.3.1 HIGH MAINTENANCE AND OPERATIONAL COSTS 31
5.4 OPPORTUNITY 32
5.4.1 GROWING DEMAND FOR INDUSTRIAL DIESEL TURBOCHARGER ACROSS EMERGING ECONOMIES 32
5.5 IMPACT ANALYSIS OF COVID-19 32
5.5.1 IMPACT ON OVERALL TURBOCHARGER INDUSTRY 32
5.5.1.1 ECONOMIC IMPACT 32
5.5.2 IMPACT ON THE INDUSTRIAL DIESEL TURBOCHARGER MARKET 32
5.5.3 IMPACT ON SUPPLY CHAIN OF INDUSTRIAL DIESEL TURBOCHARGER 33
5.5.3.1 PRICE VARIATION OF KEY RAW MATERIALS 33
5.5.3.2 PRODUCTION SHUTDOWN 33
5.5.3.3 CASH FLOW CONSTRAINTS 33
5.5.3.4 IMPACT ON IMPORT/EXPORT 33
5.5.4 IMPACT ON THE MARKET DEMAND FOR INDUSTRIAL DIESEL TURBOCHARGER 33
5.5.4.1 IMPACT DUE TO LOCKDOWN 33
5.5.5 IMPACT ON PRICING OF INDUSTRIAL DIESEL TURBOCHARGER 33
6 MARKET FACTOR ANALYSIS
6.1 SUPPLY CHAIN ANALYSIS 34
6.1.1 RAW MATERIAL & COMPONENT SUPPLY 34
6.1.2 MANUFACTURE & ASSEMBLY 34
6.1.3 SALES & DISTRIBUTION 35
6.1.4 END USE 35
6.2 PORTER’S FIVE FORCES MODEL 35
6.2.1 THREAT OF NEW ENTRANTS 36
6.2.2 BARGAINING POWER OF SUPPLIERS 36
6.2.3 THREAT OF SUBSTITUTES 36
6.2.4 BARGAINING POWER OF BUYERS 36
6.2.5 INTENSITY OF RIVALRY 36
7 GLOBAL INDUSTRIAL DIESEL TURBOCHARGER MARKET, BY SALES CHANNEL
7.1 OVERVIEW 37
7.2 OEM 38
7.3 AFTERMARKET 38
8 GLOBAL INDUSTRIAL DIESEL TURBOCHARGER MARKET, BY END USER
8.1 OVERVIEW 39
8.2 MARINE 40
8.3 POWER GENERATION 40
8.4 AGRICULTURAL EQUIPMENT 40
8.5 CONSTRUCTION EQUIPMENT 40
8.6 RAILWAYS 41
8.7 MINING EQUIPMENT 41
8.8 OTHERS 41
9 GLOBAL INDUSTRIAL DIESEL TURBOCHARGER MARKET, BY REGION
9.1 OVERVIEW 42
9.2 NORTH AMERICA 44
9.2.1 US 46
9.2.2 CANADA 47
9.2.3 MEXICO 48
9.3 EUROPE 49
9.3.1 GERMANY 51
9.3.2 FRANCE 52
9.3.3 UK 53
9.3.4 ITALY 54
9.3.5 SPAIN 55
9.3.6 REST OF EUROPE 56
9.4 ASIA-PACIFIC 57
9.4.1 CHINA 59
9.4.2 JAPAN 60
9.4.3 INDIA 61
9.4.4 SOUTH KOREA 62
9.4.5 REST OF ASIA-PACIFIC 63
9.5 REST OF THE WORLD 64
9.5.1 MIDDLE EAST & AFRICA 66
9.5.2 SOUTH AMERICA 67
10 COMPETITIVE LANDSCAPE
10.1 COMPETITIVE OVERVIEW 68
10.2 COMPETITIVE BENCHMARKING 69
10.3 MARKET SHARE ANALYSIS 70
11 COMPANY PROFILES
11.1 MITSUBISHI HEAVY INDUSTRIES, LTD 71
11.1.1 COMPANY OVERVIEW 71
11.1.2 FINANCIAL OVERVIEW 72
11.1.3 PRODUCTS OFFERED 72
11.1.4 KEY DEVELOPMENTS 73
11.1.5 SWOT ANALYSIS 74
11.1.6 KEY STRATEGIES 74
11.2 VOLKSWAGEN AG 75
11.2.1 COMPANY OVERVIEW 75
11.2.2 FINANCIAL OVERVIEW 76
11.2.3 PRODUCTS OFFERED 76
11.2.4 KEY DEVELOPMENTS 77
11.2.5 SWOT ANALYSIS 77
11.2.6 KEY STRATEGIES 77
11.3 ABB 78
11.3.1 COMPANY OVERVIEW 78
11.3.2 FINANCIAL OVERVIEW 79
11.3.3 PRODUCTS OFFERED 79
11.3.4 KEY DEVELOPMENTS 80
11.3.5 SWOT ANALYSIS 80
11.3.6 KEY STRATEGIES 80
11.4 ROLLS-ROYCE PLC 81
11.4.1 COMPANY OVERVIEW 81
11.4.2 FINANCIAL OVERVIEW 82
11.4.3 PRODUCTS OFFERED 82
11.4.4 KEY DEVELOPMENTS 83
11.4.5 SWOT ANALYSIS 83
11.4.6 KEY STRATEGIES 83
11.5 CUMMINS INC. 84
11.5.1 COMPANY OVERVIEW 84
11.5.2 FINANCIAL OVERVIEW 85
11.5.3 PRODUCTS OFFERED 85
11.5.4 KEY DEVELOPMENTS 86
11.5.5 SWOT ANALYSIS 86
11.5.6 KEY STRATEGIES 87
11.6 TOYOTA MOTOR CORPORATION 88
11.6.1 COMPANY OVERVIEW 88
11.6.2 FINANCIAL OVERVIEW 89
11.6.3 PRODUCTS OFFERED 90
11.6.4 KEY DEVELOPMENTS 90
11.7 NAPIER TURBOCHARGERS LTD 91
11.7.1 COMPANY OVERVIEW 91
11.7.2 FINANCIAL OVERVIEW 91
11.7.3 PRODUCTS OFFERED 91
11.7.4 KEY DEVELOPMENTS 91
11.8 BORGWARNER INC 92
11.8.1 COMPANY OVERVIEW 92
11.8.2 FINANCIAL OVERVIEW 93
11.8.3 PRODUCTS OFFERED 94
11.8.4 KEY DEVELOPMENTS 94
11.9 TURBO SERVICE INTERNATIONAL BV 95
11.9.1 COMPANY OVERVIEW 95
11.9.2 FINANCIAL OVERVIEW 95
11.9.3 PRODUCTS OFFERED 95
11.9.4 KEY DEVELOPMENTS 95
11.10 KOMPRESSORENBAU BANNEWITZ GMBH 96
11.10.1 COMPANY OVERVIEW 96
11.10.2 FINANCIAL OVERVIEW 96
11.10.3 PRODUCTS OFFERED 96
11.10.4 KEY DEVELOPMENTS 96
