turbocharger, or colloquially turbo, is a turbine-driven forced induction device that increases an internal combustion engine’s efficiency and power output by forcing extra 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.

Turbochargers were originally known as turbo super chargers when all forced induction devices were classified as superchargers. Nowadays the term “supercharger” is usually applied only to mechanically driven forced induction devices. The key difference between a turbocharger and a conventional supercharger is that a supercharger is mechanically driven by the engine, often through a belt connected to the crankshaft, whereas a turbocharger is powered by a turbine driven by the engine’s exhaust gas. Compared to a mechanically driven supercharger, turbochargers tend to be more efficient, but less responsive. Twincharger refers to an engine with both a supercharger and a turbocharger.

Turbochargers are commonly used on 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.

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The technical barriers of Turbo Compressor are high, and the Turbo Compressor market concentration degree is higher. Some of the key players dominating this market are Siemens, GE Oil & Gas, Mitsubishi Heavy Industries, Ingersoll-Rand, Man Diesel & Turbo, Kobe Steel, Atlas Copco, Elliott Group, Howden Group, SKF, Sulzer and Kawasaki Heavy Industries, etc, with about 69% market shares.

Market Analysis and Insights: Global Turbocompressor Market

In 2020, the global Turbocompressor market size was US$ 15290 million and it is expected to reach US$ 18970 million by the end of 2027, with a CAGR of 3.0% during 2021-2027.

Global Turbocompressor Scope and Market Size

Turbocompressor market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Turbocompressor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region, by country, company, type, application and by sales channels for the period 2016-2027.

Segment by Type, the Turbocompressor market is segmented into

  • Centrifugal Turbo Compressors
  • Axial Turbo Compressors
  • Others

Segment by Application, the Turbocompressor market is segmented into

  • Trains & Ships & Airplanes
  • Oil & Chemical Industrial
  • Other

Regional and Country-level Analysis:

  • North America
  • United States
  • Canada
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Southeast Asia
  • Australia
  • Rest of Asia-Pacific
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Rest of Europe
  • Latin America
  • Mexico
  • Brazil
  • Rest of Latin America
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
  • Rest of MEA

Competitive Landscape and Turbocompressor Market Share Analysis

Turbocompressor market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2016-2021. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2016-2021. Details included are company description, major business, Turbocompressor product introduction, recent developments, Turbocompressor sales by region, type, application and by sales channel.

The major companies include:

  • Siemens
  • GE Oil & Gas
  • Mitsubishi Heavy Industries
  • Ingersoll-Rand
  • Man Diesel & Turbo
  • Kobe Steel
  • Atlas Copco
  • Elliott Group
  • Howden Group
  • SKF
  • Sulzer
  • Kawasaki Heavy Industries

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1. Analyzing the outlook of the market with the recent trends and SWOT analysis
2. Market dynamics scenario, along with growth opportunities of the market in the years to come
3. Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
4. Regional and country-level analysis integrating the demand and supply forces that are influencing the growth of the market.
5. Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
6. Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
7. Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
8. Analyst support, along with the data support in excel format.

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