Aircraft Turbocharger Trends and Forecast
The future of the global aircraft turbocharger market looks promising with opportunities in the compressor, turbine, and waste gate markets. The global aircraft turbocharger market is expected to reach an estimated $1.2 billion by 2030 with a CAGR of 6.2% from 2024 to 2030. The major drivers for this market are rise in air passenger traffic across the globe, growing demand for fuel-efficient and downsized engine, and increase in turboprop and business jet markets.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Aircraft Turbocharger by Segment
The study includes a forecast for the global aircraft turbocharger by turbocharger type, platform, component, and region.
Aircraft Turbocharger Market by Turbocharger Type [Shipment Analysis by Value from 2018 to 2030]:
• Butterfly Valve Type
• Poppet Valve Type
Aircraft Turbocharger Market by Platform [Shipment Analysis by Value from 2018 to 2030]:
• Heavyweight Aircraft
• Lightweight Aircraft
Aircraft Turbocharger Market by Component [Shipment Analysis by Value from 2018 to 2030]:
• Compressor
• Turbine
• Waste Gate
Aircraft Turbocharger Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Aircraft Turbocharger Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies aircraft turbocharger companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the aircraft turbocharger companies profiled in this report include-
• ABB Group
• Airmark Overhaul
• BorgWarner
• General Electric Company
• Hartzell Engine Technologies
• Honeywell International
• Kawasaki Heavy Industries
Aircraft Turbocharger Market Insights
Lucintel forecasts that butterfly valve type is expected to witness the highest growth over the forecast period.
Within this market, compressor is expected to witness the highest growth.
APAC is expected to witness highest growth over the forecast period.
Features of the Global Aircraft Turbocharger Market
Market Size Estimates: Aircraft turbocharger market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Aircraft turbocharger market size by turbocharger type, platform, component, and region in terms of value ($B).
Regional Analysis: Aircraft turbocharger market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different turbocharger type, platform, component, and regions for the aircraft turbocharger market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the aircraft turbocharger market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the aircraft turbocharger market size?
Answer: The global aircraft turbocharger market is expected to reach an estimated $1.2 billion by 2030.
Q2. What is the growth forecast for aircraft turbocharger market?
Answer: The global aircraft turbocharger market is expected to grow with a CAGR of 6.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the aircraft turbocharger market?
Answer: The major drivers for this market are rise in air passenger traffic across the globe, growing demand for fuel-efficient and downsized engine, and increase in turboprop and business jet markets.
Q4. What are the major segments for aircraft turbocharger market?
Answer: The future of the global aircraft turbocharger market looks promising with opportunities in the compressor, turbine, and waste gate markets.
Q5. Who are the key aircraft turbocharger market companies?
Answer: Some of the key aircraft turbocharger companies are as follows:
• ABB Group
• Airmark Overhaul
• BorgWarner
• General Electric Company
• Hartzell Engine Technologies
• Honeywell International
• Kawasaki Heavy Industries
Q6. Which aircraft turbocharger market segment will be the largest in future?
Answer: Lucintel forecasts that butterfly valve type is expected to witness the highest growth over the forecast period.
Q7. In aircraft turbocharger market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the aircraft turbocharger market by turbocharger type (butterfly valve type and poppet valve type), platform (heavyweight aircraft and lightweight aircraft), component (compressor, turbine, and waste gate), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Aircraft Turbocharger Market, Aircraft Turbocharger Market Size, Aircraft Turbocharger Market Growth, Aircraft Turbocharger Market Analysis, Aircraft Turbocharger Market Report, Aircraft Turbocharger Market Share, Aircraft Turbocharger Market Trends, Aircraft Turbocharger Market Forecast, Aircraft Turbocharger Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.