Global Marine Turbocharger Market Analysis & Trends - Industry Forecast to 2030

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,200	200 Pages	Accuray Research LLP	July, 2024	AGLP19013840

Best Price Guarantee
Price	from $4,200
Length	200 Pages
Publisher	Accuray Research LLP
Published Date	July, 2024
SKU	AGLP19013840

Global Marine Turbocharger Market Analysis & Trends - Industry Forecast to 2030

Marine Turbocharger: Market Size

From $959.77 million in 2024, the global Marine Turbocharger market is projected to reach $1,874.22 million by 2030. Based on our analysis the market is expected to grow at a CAGR of 11.8% from 2024 - 2030 timeframe. Some of the prominent trends that the market is witnessing include rising sales of recreational boats, growing demand for seaborne trade activities along with increasing ship production and strong presence of manufacturers.

Global Marine Turbocharger Market: Market Dynamics

Growing requirement for minimizing operating cost, shifting inclination towards decreasing fuel consumption and emission level coupled with enhancement in the efficiency of engines, stringent maritime emission regulatory norms, increasing environmental concerns, and strong presence of manufacturers are some of the factors driving the market growth. Additionally, rise in marine tourism, increase in consumption of precious metals & minerals, and increasing demand for enhanced performance of ships with surging seaborne trade across nations are the factors that drive the market.

On the other hand, the high cost is likely to obstruct the profit boundaries. In addition, technology progressions in ship engines will further boost the Marine Turbocharger market.

Impact of COVID-19 on Marine Turbocharger

The rapidly spreading coronavirus, shutting down of businesses, lockdowns, and a travel ban has negatively affected the market. The research & development activities in companies across the globe have been hampered due to strict restrictions on public gatherings. Manufacturers operating from the market are recovering from abundant losses caused due to slow-down businesses. With the availability of vaccines across the globe, market stakeholders in the market are focusing on innovative products and advanced technologies to attract several end-use industries.

By Operation

Radial Segment Dominate the Market in 2024

The Radial segment made huge revenue in 2024 and growing its prominence during the forecast period, owing to its increasing applications in small-sized four-stroke engines during the estimated period. Innovative concepts for reconstructing its design with decreased emission levels, higher-pressure ratios, cost-effectiveness, and accessibility in numerous size ranges are further expected to boost the segment demand during the forecast period.

By Geography

North America Region is Leading in the Global Market Place

North America region is likely to have a huge demand in the forecast period, owing to increasing demand for recreational boats during the forecast period. Factors such as the growing popularity of marine and coastal tourism providing potential opportunities for recreational boats and increasing consumer participation in water-based sporting events and recreational boating activities are some of the major factors fueling the regional market growth over the forecast period. The North American province garners the largest demand-pull owing to a conducive commercial eco-system of recreational boating all across the continent. Besides, the U.S. military is likely to also explore Turbochargers for their Naval fleet. This will fuel the growth further.

List of the Key Players Profiled in the Market Include:

• ABB
• BorgWarner Turbo Systems
• Cummins Inc
• Heavy Industries Marine Machinery & Equipment Co Ltd Istanbul MarineTurbine Service
• Hedemora Turbo & Diesel AB
• Kawasaki Heavy Industries Ltd
• Kompressorenbau Bannewitz GmbH
• La Meccanica Turbo Diesel
• Liaoning RongLi Turbocharger Co Ltd
• MAN Diesel & Turbo
• Mitsubishi IHI Corporation
• MTU Friedrichshafen
• Napier Turbochargers Ltd
• Rotomaster International
• Shanghai Daewin Marine Parts

List of the Regions/Countries Profiled in the Market Include:

North America
• US
• Canada
• Mexico
Europe
• Germany
• U.K
• Italy
• France
• Spain
• Rest of Europe
Asia Pacific
• China
• Japan
• India
• Australia
• New Zealand
• Rest of Asia Pacific
Middle East
• Saudi Arabia
• UAE
• Rest of Middle East
Latin America
• Argentina
• Brazil
• Rest of Latin America
Rest of the World (RoW)
• South Africa
• Others

1 Market Outline: 1.1 Definition; 1.2 Market Segmentation & Scope; 1.3 Market Trends; 1.4 Regulatory Factors; 1.5 Technology Analysis; 1.6 Application Analysis; 1.7 Strategic Benchmarking; 1.8 Opportunity Analysis
2 Executive Summary
3 Research Methodology and Data Source: 3.1 Methodology/Research Approach; 3.1.1 Research Programs/Design; 3.1.2 Market Size Estimation; 3.2 Data Source and Assumptions; 3.2.1 Purchased Database; 3.2.2 Company Repository; 3.2.3 Secondary Sources; 3.2.4 Primary Research; 3.2.5 List of Assumptions
4 Market Overview: 4.1 Current Trends; 4.1.1 Rising sales of recreational boats; 4.1.2 Growing demand for seaborne trade activities along with increasing ship production; 4.1.3 Strong presence of manufacturers; 4.1.4 Growth Opportunities/Investment Opportunities; 4.2 Drivers; 4.3 Constraints; 4.4 Impact of COVID-19
5 Market Factor Analysis: 5.1 Porters Five Forces; 5.1.1 Bargaining power of suppliers; 5.1.2 Bargaining power of buyers; 5.1.3 Threat of substitutes; 5.1.4 Threat of new entrants; 5.1.5 Competitive rivalry; 5.2 Value Chain Analysis/Supply Chain Analysis
6 Consumer behaviour analysis/Consumer Research: 6.1 Consumer trends and preferences; 6.2 Factors affecting buying decision; 6.3 Consumer product adoption; 6.4 Observation & Recommendations
7 Marine Turbocharger Market, By System: 7.1 Pulse System Turbocharging; DATA TABLE Pulse System Turbocharging Market Forecast to 2030 (US$ MN); 7.2 Constant Pressure System Turbocharging; DATA TABLE Constant Pressure System Turbocharging Market Forecast to 2030 (US$ MN)
8 Marine Turbocharger Market, By Operation: 8.1 Axial; DATA TABLE Axial Market Forecast to 2030 (US$ MN); 8.2 Radial; DATA TABLE Radial Market Forecast to 2030 (US$ MN)
9 Marine Turbocharger Market, By Component: 9.1 Compressor; DATA TABLE Compressor Market Forecast to 2030 (US$ MN); 9.2 Turbine; DATA TABLE Turbine Market Forecast to 2030 (US$ MN); 9.3 Central Shaft; DATA TABLE Central Shaft Market Forecast to 2030 (US$ MN)
10 Marine Turbocharger Market, By Technology: 10.1 Electro-Assist Turbo; DATA TABLE Electro-Assist Turbo Market Forecast to 2030 (US$ MN); 10.2 Single Turbo; DATA TABLE Single Turbo Market Forecast to 2030 (US$ MN); 10.3 Variable Geometry Turbo; DATA TABLE Variable Geometry Turbo Market Forecast to 2030 (US$ MN); 10.4 Twin Turbo; DATA TABLE Twin Turbo Market Forecast to 2030 (US$ MN)
11 Marine Turbocharger Market, By Application: 11.1 Navy & Military Ships; DATA TABLE Navy & Military Ships Market Forecast to 2030 (US$ MN); 11.2 Private Ships; DATA TABLE Private Ships Market Forecast to 2030 (US$ MN); 11.3 Commercial Ships; DATA TABLE Commercial Ships Market Forecast to 2030 (US$ MN); 11.3.1 Bulk Carriers; DATA TABLE Bulk Carriers Market Forecast to 2030 (US$ MN); 11.3.2 Container Ships; DATA TABLE Container Ships Market Forecast to 2030 (US$ MN); 11.3.3 Oil & Chemical Tankers; DATA TABLE Oil & Chemical Tankers Market Forecast to 2030 (US$ MN); 11.3.4 Cargo Ships; DATA TABLE Cargo Ships Market Forecast to 2030 (US$ MN); 11.3.5 Cruises and Naval Ships; DATA TABLE Cruises and Naval Ships Market Forecast to 2030 (US$ MN); 11.3.6 High Speed Boats; DATA TABLE High Speed Boats Market Forecast to 2030 (US$ MN); 11.3.7 Off-Shore Vessels; DATA TABLE Off-Shore Vessels Market Forecast to 2030 (US$ MN); 11.3.8 Tugboat; DATA TABLE Tugboat Market Forecast to 2030 (US$ MN); 11.4 Fisheries; DATA TABLE Fisheries Market Forecast to 2030 (US$ MN); 11.5 Recreational Boats; DATA TABLE Recreational Boats Market Forecast to 2030 (US$ MN)
12 Marine Turbocharger Market, By Sales Channel: 12.1 Original Equipment Manufacturer (OEM); DATA TABLE Original Equipment Manufacturer (OEM) Market Forecast to 2030 (US$ MN); 12.2 Aftermarket; DATA TABLE Aftermarket Market Forecast to 2030 (US$ MN)
13 Marine Turbocharger Market, By Geography: 13.1 North America; DATA TABLE North America Market Forecast by Countries to 2030 (US$ MN); 13.1.1 US; 13.1.2 Canada; 13.1.3 Mexico; 13.2 Europe; DATA TABLE Europe Market Forecast by Countries to 2030 (US$ MN); 13.2.1 Germany; 13.2.2 U.K; 13.2.3 Italy; 13.2.4 France; 13.2.5 Spain; 13.2.6 Rest of Europe; 13.3 Asia Pacific; DATA TABLE Asia Pacific Market Forecast by Countries to 2030 (US$ MN); 13.3.1 China; 13.3.2 Japan; 13.3.3 India; 13.3.4 Australia; 13.3.5 New Zealand; 13.3.6 Rest of Asia Pacific; 13.4 Middle East; DATA TABLE Middle East Market Forecast by Countries to 2030 (US$ MN); 13.4.1 Saudi Arabia; 13.4.2 UAE; 13.4.3 Rest of Middle East; 13.5 Latin America; DATA TABLE Latin America Market Forecast by Countries to 2030 (US$ MN); 13.5.1 Argentina; 13.5.2 Brazil; 13.5.3 Rest of Latin America; 13.6 Rest of the World (RoW); DATA TABLE Rest of the World (RoW) Market Forecast by Countries to 2030 (US$ MN); 13.6.1 South Africa; 13.6.2 Others
14 Key Player Activities: 14.1 Acquisitions & Mergers; 14.2 Agreements, Partnerships, Collaborations and Joint Ventures; 14.3 Product Launch & Expansions; 14.4 Other Activities
15 Leading Companies: 15.1 ABB; 15.2 BorgWarner Turbo Systems; 15.3 Cummins Inc; 15.4 Heavy Industries Marine Machinery & Equipment Co Ltd Istanbul MarineTurbine Service; 15.5 Hedemora Turbo & Diesel AB; 15.6 Kawasaki Heavy Industries Ltd; 15.7 Kompressorenbau Bannewitz GmbH; 15.8 La Meccanica Turbo Diesel; 15.9 Liaoning RongLi Turbocharger Co Ltd; 15.10 MAN Diesel & Turbo; 15.11 Mitsubishi IHI Corporation; 15.12 MTU Friedrichshafen; 15.13 Napier Turbochargers Ltd; 15.14 Rotomaster International; 15.15 Shanghai Daewin Marine Parts
List of Tables: Table 1 Global Marine Turbocharger Market By Region, Market Forecast (2022-2030) (US $MN); Table 2 Global Marine Turbocharger Market By System, Market Forecast (2022-2030) (US $MN); Table 3 Global Marine Turbocharger Market By Pulse System Turbocharging, Market Forecast (2022-2030) (US $MN); Table 4 Global Marine Turbocharger Market By Constant Pressure System Turbocharging, Market Forecast (2022-2030) (US $MN); Table 5 Global Marine Turbocharger Market By Operation, Market Forecast (2022-2030) (US $MN); Table 6 Global Marine Turbocharger Market By Axial, Market Forecast (2022-2030) (US $MN); Table 7 Global Marine Turbocharger Market By Radial, Market Forecast (2022-2030) (US $MN); Table 8 Global Marine Turbocharger Market By Component, Market Forecast (2022-2030) (US $MN); Table 9 Global Marine Turbocharger Market By Compressor, Market Forecast (2022-2030) (US $MN); Table 10 Global Marine Turbocharger Market By Turbine, Market Forecast (2022-2030) (US $MN); Table 11 Global Marine Turbocharger Market By Central Shaft, Market Forecast (2022-2030) (US $MN); Table 12 Global Marine Turbocharger Market By Technology, Market Forecast (2022-2030) (US $MN); Table 13 Global Marine Turbocharger Market By Electro-Assist Turbo, Market Forecast (2022-2030) (US $MN); Table 14 Global Marine Turbocharger Market By Single Turbo, Market Forecast (2022-2030) (US $MN); Table 15 Global Marine Turbocharger Market By Variable Geometry Turbo, Market Forecast (2022-2030) (US $MN); Table 16 Global Marine Turbocharger Market By Twin Turbo, Market Forecast (2022-2030) (US $MN); Table 17 Global Marine Turbocharger Market By Application, Market Forecast (2022-2030) (US $MN); Table 18 Global Marine Turbocharger Market By Navy & Military Ships, Market Forecast (2022-2030) (US $MN); Table 19 Global Marine Turbocharger Market By Private Ships, Market Forecast (2022-2030) (US $MN); Table 20 Global Marine Turbocharger Market By Commercial Ships, Market Forecast (2022-2030) (US $MN); Table 21 Global Marine Turbocharger Market By Bulk Carriers, Market Forecast (2022-2030) (US $MN); Table 22 Global Marine Turbocharger Market By Container Ships, Market Forecast (2022-2030) (US $MN); Table 23 Global Marine Turbocharger Market By Oil & Chemical Tankers, Market Forecast (2022-2030) (US $MN); Table 24 Global Marine Turbocharger Market By Cargo Ships, Market Forecast (2022-2030) (US $MN); Table 25 Global Marine Turbocharger Market By Cruises and Naval Ships, Market Forecast (2022-2030) (US $MN); Table 26 Global Marine Turbocharger Market By High Speed Boats, Market Forecast (2022-2030) (US $MN); Table 27 Global Marine Turbocharger Market By Off-Shore Vessels, Market Forecast (2022-2030) (US $MN); Table 28 Global Marine Turbocharger Market By Tugboat, Market Forecast (2022-2030) (US $MN); Table 29 Global Marine Turbocharger Market By Fisheries, Market Forecast (2022-2030) (US $MN); Table 30 Global Marine Turbocharger Market By Recreational Boats, Market Forecast (2022-2030) (US $MN); Table 31 Global Marine Turbocharger Market By Original Equipment Manufacturer (OEM), Market Forecast (2022-2030) (US $MN); Table 32 Global Marine Turbocharger Market By Aftermarket, Market Forecast (2022-2030) (US $MN); NOTE: Tables for North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the World are represented in the same manner above.