Global Turbocompressor Market Growth 2025-2031

The global Turbocompressor market size is predicted to grow from US$ 14480 million in 2025 to US$ 20530 million in 2031; it is expected to grow at a CAGR of 6.0% from 2025 to 2031.

Turbocompressor or Turbocharger is a type of forced induction system. Turbocharger uses the exhaust flow from the engine to spin a turbine, which in turn spins an air pump, compressing the air flowing into the engine. Turbocharger lets the engine squeeze more air into a cylinder and more air means more fuel can be added. So the engine can produce more power without increasing the engine emissions. The turbocharger has four main components, the turbine, the compressor, the control system and the bearing system.

Global key players of turbocompressor include Garrett Motion, BorgWarner, MHI, IHI, Cummins, etc. The top five players hold a share about 69%. North America is the largest producer, has a share about 32%, followed by Europe and China, with share 26% and 22%, respectively. The largest market is Europe, with a share about 46%, followed by Asia-Pacific and North America, with share 33% and 15%, separately.

LP Information, Inc. (LPI) ' newest research report, the “Turbocompressor Industry Forecast” looks at past sales and reviews total world Turbocompressor sales in 2024, providing a comprehensive analysis by region and market sector of projected Turbocompressor sales for 2025 through 2031. With Turbocompressor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Turbocompressor industry.

This Insight Report provides a comprehensive analysis of the global Turbocompressor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Turbocompressor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Turbocompressor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Turbocompressor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Turbocompressor.

This report presents a comprehensive overview, market shares, and growth opportunities of Turbocompressor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
OEM
Aftermarket

Segmentation by Application:
Automotive
Industrial

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Garrett Motion
BorgWarner
MHI
IHI
Cummins
BMTS TECHNOLOGY
Continental
Turbo Energy
Kangyue Technology
Weifu Tianli Turbocharging
Hunan Tyen Machinery
Fengcheng Pacific Shenlong Turbocharger
Weifang Fuyuan Turbochargers

Key Questions Addressed in this Report

What is the 10-year outlook for the global Turbocompressor market?

What factors are driving Turbocompressor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Turbocompressor market opportunities vary by end market size?

How does Turbocompressor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.