Industrial Turbochargers Market, Global Outlook and Forecast 2024-2031

The global Industrial Turbochargers market was valued at US$ 12690 million in 2023 and is projected to reach US$ 23400 million by 2029, at a CAGR of 9.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.


The USA market for Global Industrial Turbochargers market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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The China market for Global Industrial Turbochargers market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


The Europe market for Global Industrial Turbochargers market is estimated to increase from USD million in 2023 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.


A turbocharger is a turbine-driven forced induction device that increases an internal combustion engine's efficiency and power output by forcing extra compressed air into the combustion chamber. This improvement over a naturally aspirated engine's power output is due to the fact that the compressor can force more air?and proportionately more fuel?into the combustion chamber than atmospheric pressure (and for that matter, ram air intakes) alone.

This report aims to provide a comprehensive presentation of the global market for Industrial Turbochargers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Turbochargers. This report contains market size and forecasts of Industrial Turbochargers in global, including the following market information:


  • Global Industrial Turbochargers Market Revenue, 2019-2024, 2024-2029, ($ millions)
  • Global Industrial Turbochargers Market Sales, 2019-2024, 2024-2029, (Units)
  • Global top five Industrial Turbochargers companies in 2023 (%)


Turbochargers are commonly used on truck, car, train, aircraft, and construction equipment engines. They are most often used with Otto cycle and Diesel cycle internal combustion engines. They have also been found useful in automotive fuel cells.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Turbochargers manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Turbochargers Market, by Type, 2019-2024, 2024-2029 ($ Millions) & (Units)

Global Industrial Turbochargers Market Segment Percentages, by Type, 2023 (%)


  • Gas Wave Supercharger
  • Mechanical Supercharger
  • Turbocharger


Global Industrial Turbochargers Market, by Application, 2019-2024, 2024-2029 ($ Millions) & (Units)

Global Industrial Turbochargers Market Segment Percentages, by Application, 2023 (%)


  • Automotive Industry
  • Factory Automation
  • Public Facilities


Global Industrial Turbochargers Market, By Region and Country, 2019-2024, 2024-2029 ($ Millions) & (Units)

Global Industrial Turbochargers Market Segment Percentages, By Region and Country, 2023 (%)


  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)


Competitor Analysis

The report also provides analysis of leading market participants including:


  • Key companies Industrial Turbochargers revenues in global market, 2019-2024 (Estimated), ($ millions)
  • Key companies Industrial Turbochargers revenues share in global market, 2023 (%)
  • Key companies Industrial Turbochargers sales in global market, 2019-2024 (Estimated), (Units)
  • Key companies Industrial Turbochargers sales share in global market, 2023 (%)


Further, the report presents profiles of competitors in the market, key players include:


  • Honeywell
  • Napier Turbochargers
  • Cummins
  • Bosch Mahle TurboSystems
  • ABB
  • Liaoning Rong Li Turbocharge
  • Borgwarner
  • Comp Turbo Technology
  • Niitsu
  • Mitsubishi Heavy Industries
  • Precision Turbo & Engine
  • MAN Diesel Turbo
  • HS Turbochargers
  • Marine Turbo Engineering
  • KBB
  • Komatsu


Outline of Major Chapters:

Chapter 1: Introduces the definition of Industrial Turbochargers, market overview.

Chapter 2: Global Industrial Turbochargers market size in revenue and volume.

Chapter 3: Detailed analysis of Industrial Turbochargers manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Industrial Turbochargers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Industrial Turbochargers capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.

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Table of content

1 Introduction to Research & Analysis Reports
1.1 Industrial Turbochargers Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Industrial Turbochargers Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Industrial Turbochargers Overall Market Size
2.1 Global Industrial Turbochargers Market Size: 2022 VS 2031
2.2 Global Industrial Turbochargers Revenue, Prospects & Forecasts: 2019-2031
2.3 Global Industrial Turbochargers Sales: 2019-2031
3 Company Landscape
3.1 Top Industrial Turbochargers Players in Global Market
3.2 Top Global Industrial Turbochargers Companies Ranked by Revenue
3.3 Global Industrial Turbochargers Revenue by Companies
3.4 Global Industrial Turbochargers Sales by Companies
3.5 Global Industrial Turbochargers Price by Manufacturer (2019-2024)
3.6 Top 3 and Top 5 Industrial Turbochargers Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Industrial Turbochargers Product Type
3.8 Tier 1, Tier 2 and Tier 3 Industrial Turbochargers Players in Global Market
3.8.1 List of Global Tier 1 Industrial Turbochargers Companies
3.8.2 List of Global Tier 2 and Tier 3 Industrial Turbochargers Companies
4 S

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